Topic: Need bitcoin control? - page 6. (Read 1372 times)
I don't think it's necessary. If the state and the government fully control the cryptocurrency, then they will lose their basic character which is decentralized. Bitcoin should indeed be fully controlled by the holder, not the state and centralized government. If bitcoin is fully controlled by the central government, the holder will not be free to make transactions without a third party
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
No it will not because if it happen that each developed country will create their own cryptocurrency it will be designed the same as with bitcoin but it could be modified for the good of the investors or its clients. Security is the issue here that if one country creates crypto then one must prioritize security of the investments. This maybe will twist the bitcoin idea but as we all know that bitcoin system has more challenge and this challenge might be attained by other crypto that will be introduce. How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
If each country will make their own crypto, it will not be decentralized. Ofcourse the government will make it centralized. The idea of being decentralized defeats the idea of banking and centralization. That's why most countries are banning bitcoin.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
Just let the government in each country make coins with their respective currencies because the system will remain decentralized so that even if they make their own coins they will also not be able to control the coins they make.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
Won’t one, global currency make more sense though? It’s digital, so it should be feasible, right?
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
I do not think that countries with a strong currency like Germany or the United States or the United Kingdom will make their own cryptocurrency, that is just dumb I mean they do not need it but if talk about countries with big economies and weak currencies like India or Brasil I am willing to bet that you are right they will try to make some kind of crypto coins and try to control the market
Maybe it needs control to some extent..
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
the fact is that bitcoin cannot be controlled like a cryptocurrency that has a developer and is very vulnerable to manipulation. and if every government would legalize crypto and adopt it bitcoin would still be number one in every trade.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
The creation of a single currency for a country needs the stability of its currency in exchanges so its value will not change. In contrast, Bitcoin constantly changes to make things better when it comes to attracting more venture capitalists, so why should we worry and control it? How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
maybe this happens in the future every developed country will create its own cryptocurrency. and certainly a lot in opposition to the current Bitcoin system, and there must be countries that control cryptocurrency. Hopefully, it can bring peace to the future.
Control only harms Bitcoin, because any control is also an interference with the functioning of the system, which was created as relatively free. In addition, I do not see the area for control by the state authorities, since neither the extraction nor the turnover of cryptocurrency depends on them.
Not sure, they truly going to create these national cryptocurrencies, but if they do, surely they want to control it. And in that matter it would differ from Bitcoin a lot. Cryptocurrencies must be out of government control in my view.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
What makes you think Bitcoin is a decentralized system?
Cryptocurrencies are decentralized, and cannot be controlled, but regulations made by countries or the world can regulate the stability of crypto development.
Of course, you can not give Bitcoin full control over the cryptoindustry. Otherwise, a banal departure. The departure of a large number of Satoshi could bring down the market.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
It may happening in the future, but even all countries have their own cryptocurrency, bitcoin will be the global cryptocurrency to pair with their's.
Peoples will keep trading with their bitcoin to buy another cryptocurrency, just like now the volume of btc is the most in the exchange market.
So, it won't contradict with bitcoin as a decentralized currency.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
the fact is that bitcoin cannot be controlled like a cryptocurrency that has a developer and is very vulnerable to manipulation. and if every government would legalize crypto and adopt it bitcoin would still be number one in every trade.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
This will only lead to another centalised system controlled by a few individuals. I don't see it happening anyways for as long as there are Decentralised systems in place, which many will prefer than the later.
True. But it's not in the human nature not to suppress and enslave others, unfortunately.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
This will only lead to another centalised system controlled by a few individuals. I don't see it happening anyways for as long as there are Decentralised systems in place, which many will prefer than the later.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
basically all types of transaction tools, whether money, gold and as we often use crypto as a digital tool, will always have their own revolution and era. I think we only follow developments for the development of the advancement of technology and times
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