Topic: Need bitcoin control? - page 7. (Read 1372 times)
Instead countries creating their own cryptocurrency, it would be better to use the full capability of bitcoin and its blockchain to improve and develop the government system. Blockchain can innovate the current system. Cryptocurrency for each country would lead us back to the existing system which is fiat money.
Nowadays electronic coins are created to serve their own foundations, but I think it does not relate to bitcoins, as they develop a successful foundation that will be completely separate and unrelated. market
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Need cryptocurrency state control?
when bitcoin need control will be change to centralization from decentralization. bitcoin only need regulation from government where bitcoin using by citizen. when bitcoin have regulation i am sure bitcoin price will be stable. again, not control bitcoin like fiat Banning of physical cash will be great news since people will be forced to get into crypto and bitcoin has #1 security.
I don't think that's going to happen for the foreseeable future.Today it is something fantastic.If cryptocurrency replaces Fiat, it will be a new era in human evolution.The governments themselves will decide whether or not Bitcoin will control. So far it is technically very difficult to accomplish. But if such a goal is set, then it will be quite possible to do so.Is it necessary? I think not.The creation by each state of its own cryptocurrency may well be realized. From an economic point of view, this is very wise.I do agree with you, bitcoin can't really replace fiat, as far as I know, credit cards and cash card already exist for so long but I don't see it replacing the fiat, same goes for bitcoin, although it is a good project, it really foreseen the future to not use fiat. The will only happen if they stop giving out fiat.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
I disagree. I believe in the near future every country and not just developed country will eventually accept bitcoin and other major altcoins but I don't think they will develop their own crypto just like no country really build their own Paypal, visa or mastercard. It will simply coexist with fiat.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
As much as any intitution or government would like to control or make bitcoin centralized it will never happen just like they can never control internet.
Need cryptocurrency state control?
cryptocurrency can't be controllerd but it can be regulated in some way but never controlled.
In my homecountry , germany, its very wired.
We not really need a control of bitcoin but wee need a regulation here or some Rules.
Noone here really nows how much fees he has to pay to the Goverment when we exchange btc to eur XD
regards
We not really need a control of bitcoin but wee need a regulation here or some Rules.
Noone here really nows how much fees he has to pay to the Goverment when we exchange btc to eur XD
regards
I think if they really are going to create crypto currencies from their national currencies, of course the crypto currency is decentralized, the government cannot control the crypto currency, if they can control it, it cannot be called a crypto currency and they never crypto currency
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
I don't believe that each country can develop own cryptocurrency
Very country can create own altcoins and bitcoin is the national world wide currency
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
I don't believe that each country can develop own cryptocurrency
Very country can create own altcoins and bitcoin is the national world wide currency
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
Controling bitcoin as decentralized currency is very long time argument
The world government they paln how to control bitcoin because they want to collect taxes from cryptocurrency
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 is difficult to control cryptocurrency and besides bitcoin is a decentralized which is nobody can control it. Government saw the power of crypto to the people that's why they try to have conttol over it in many ways including the attemp to have own cryptocurrency. But i thinks it is impossible yo happen.
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?
Freedom for the future is not convincing. Bitcoin and Blockchain will cause a large positive change in the economy, but will governments give us economic freedom? Decentralized cryptocurrency will not be accepted. Probably the future money will be digital coins, but centralized coins. How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
if all countries accept crypto, then clearly the country will have rules governing it because this will make bitcoin decentralized in that country and the currency of a country will disappear with the presence of bitcoin.
While I do think cryptocurrencies may provide a threat to the countries economy, I do believe both can live in tandem. But I'm not entirely sure politicians/economists will look at it that way.
Banning of physical cash will be great news since people will be forced to get into crypto and bitcoin has #1 security.
I don't think that's going to happen for the foreseeable future.Today it is something fantastic.If cryptocurrency replaces Fiat, it will be a new era in human evolution.The governments themselves will decide whether or not Bitcoin will control. So far it is technically very difficult to accomplish. But if such a goal is set, then it will be quite possible to do so.Is it necessary? I think not.The creation by each state of its own cryptocurrency may well be realized. From an economic point of view, this is very wise.
I think that btc is great because it doesn't have control at least at the moment. To my mind, it is better to invest in btc because this is the coin with the great power and it will be great to use it always
The government plans to take control of what is impossible. This is not an exchange that can be easily manipulated and made centralized!
I think control is needed only during the ICO.
I think control is needed only during the ICO.
Well the idea behind the development of cryptocurrency/bitcoin is to provide a free flow of money from one person to another and without boundary restrictions, and also to eradicate the double payment system by eliminating the third party involvement in financial transactions so for nations to created their own cryptocurrency coin or token is just like remaining in the old traditional financial system and that will shift us away from the decentralized mode.
yes, you are right, in the future, every country will have a crypto currency that backed by a country's source of power, like petro backed up by oil.
and that will make the existence of the crypto world better, each country only needs regulations to control the crypto trade cycle, and also to minimize crime.
and that will make the existence of the crypto world better, each country only needs regulations to control the crypto trade cycle, and also to minimize crime.
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?
No I don't think so all countries already have their own fiat currency, why will they make a new currency in the age of online wallets I don't think it's needed. Now let's assume in the future all countries suddenly create their own cryptos, it'll be given thumps down by the public and outrightly rejected by the public, cause it'll be a centralised coin, and will be regulated and open to manipulation. I think few countries, and some football clubs created thier coins and have got luke warm responses to it.
No I don't think it is necessary because even now we see many alternative cryptocurrencies in the world but none of them has the ability to make a considerable amount of effect on bitcoin and its success so how future cryptocurrencies that are made by governments can make an effect and that is why it is not necessary control bitcoin
if all countries accept crypto, then clearly the country will have rules governing it because this will make bitcoin decentralized in that country and the currency of a country will disappear with the presence of 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?
National cryptocurrencies can never contradict the idea of bitcoin because they will not become decentralized in any way which is a main quality in bitcoin that is no individual or an organization has the authority over its actions so national cryptocurrencies and bitcoin means two different things even both are digital currencies
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