Topic: The Future of Bitcoin is the Community not the Government (Read 721 times)
In the market, it's mainly the community which has the power. Because everyone in the community more or less knows how Bitcoin is, so the ones spreading negativity don't really affect the market anyway except spreading FUD to some extent. I agree with you, the main power is in the community not government, and no matter how much government tries to take Bitcoin down, Bitcoin's potential along with the community won't let it affect Bitcoin anyway.
Yes ofcourse, but bitcoin's target was not the community alone because you know guys bitcoin targeted also the economy of that particular country. As long as the community grows, the economy of that country will aslo grows, so it means that it is interrelated.
I think one day digital currency rule the world. Because anyone can exchange it all over the world. I think government make some policy to cope up digital money and normal currency.
hopefully it will come true because community is the real beneficiary or the future for btc.
for me when I answered that you answered that because the government did not hold the bitcoin because many governments do not know the bitcoin. Many know the communities rather than manage because they are the investors in bitcoin and watch every hour to strengthen the speed of bitcoin in the future
I somewhat agree with your point. But we still need government to improve the blockchain system, more adoptation and acceptance could lead to the success of a bitcoin. Hence, I admit community itself will have a big role to the crypto development, improvement and popularity.
Yeah definitely the future of bitcoin depends on the community and not the government,and that is for one reason,bitcoin and all other cryptocurrencies are decentralized,in the sense that no government nor Central Bank can effect it's value or price,its price is determined by the community,either by the whales,low or high investments etc.. The blockchain technology without a doubt rests on the community
The future of bitcoin depends on community and government. Because if the government accepts legal bitcoin circulation, then the development of bitcoin is nothing to stop. But if the government bans bitcoin. It may be difficult for the bitcoin community to grow.
Most times I wonder who has the power in this market whether those fighting the Bitcoin or the community itself.
I know it's just not possible for everyone to have one mind in the market because we do not really come here together but there is much more that the community can do.
Despite how furious the forces maybe against Bitcoin, Did you know that even if Bitcoin crashes today, and no one is buying Bitcoin, there will be no selling out and indirectly that cancels the crash and when the air is cleared again we start normally well and safe again?
But this is very hard to happen because the government who is standing against Bitcoin also knows about that, and they will still be the ones to offer to buy and make people to lose their investments for a penny
I think it's time we update ourselves and stay stronger, because nothing can happen without the community involvement.
Yes, i also think the same way like yours. Like we all already know, bitcoin is something that rely on the community. And i think it must be what matters the most right now, to help bitcoin grow stronger through its community. I know it's just not possible for everyone to have one mind in the market because we do not really come here together but there is much more that the community can do.
Despite how furious the forces maybe against Bitcoin, Did you know that even if Bitcoin crashes today, and no one is buying Bitcoin, there will be no selling out and indirectly that cancels the crash and when the air is cleared again we start normally well and safe again?
But this is very hard to happen because the government who is standing against Bitcoin also knows about that, and they will still be the ones to offer to buy and make people to lose their investments for a penny
I think it's time we update ourselves and stay stronger, because nothing can happen without the community involvement.
community and government must be able to work together so that the future of bitcoin is bright. if there is a community but the government is difficult to be invited to cooperate then it will not be able to. because a country if it wants to change depends on the official of the country's high officials.
Decentralization is definitely going to transform the way we live today in most of the sectors and Bitcoin as a pioneer in the cryptocurrency industry, definitely has a scope for growth at an exponential growth rate. As we all know that, the government will always try to hold their control which is possible in the centralised system but not when it comes to the decentralization. The future is decentralization and we must admit and realise the fact that no one can stop it.
Yes, I totally agree. Bitcoin really poses a great danger to the government ... and to be precise, it is precisely the dollar. Over time, people can use crypto currency more often than the dollar, which is very beneficial for people ... and is not beneficial to the government. So yes, bitcoin really benefits society and not the government.
I agree with what you're saying but if the governments decided to ban bitcoin the situation is not gonna be nice, people will use BTC anyway but many of them will be scared, and this would slow down the diffusion and acceptance.
The community is indeed the future of bitcoin because if people stop investing in it than for sure crypto will be without future.
The future of bitcoin certainly depends on all crypto enthusiasts. There are various instances where the people in the crypto community can make things right and do the best of things for ourselves. We need to do things right to take bitcoin to the next level. We can place value on bitcoin by upholding its value.
the future of bitcoin is very good, now bitcoin can grow because of a strong community, I hope in the future many countries in the world legalize bitcoin as an official exchange and official payment in stores.
The bitcoin is a digital currency and not a single person can regulate it.It can only regulate by the internet and according to their investors,a society or a nation can not control the market value of bitcoin market.
Most times I wonder who has the power in this market whether those fighting the Bitcoin or the community itself.
I know it's just not possible for everyone to have one mind in the market because we do not really come here together but there is much more that the community can do.
Despite how furious the forces maybe against Bitcoin, Did you know that even if Bitcoin crashes today, and no one is buying Bitcoin, there will be no selling out and indirectly that cancels the crash and when the air is cleared again we start normally well and safe again?
But this is very hard to happen because the government who is standing against Bitcoin also knows about that, and they will still be the ones to offer to buy and make people to lose their investments for a penny
I think it's time we update ourselves and stay stronger, because nothing can happen without the community involvement.
We all know that bitcoin is the very huge investment of now a days and thus it has able to made its millions of users who are investing into bitcoin and not only this, bitcoin is also providing employment to millions of people around the world and thus bitcoin has attracted the keen interest of many large bitcoins whales and has forced them to invest into bitcoin and since 2009, bitcoin has made tremendous progress and thus the future of bitcoin is community not the government as government is always in favour of Fiat currencies. I know it's just not possible for everyone to have one mind in the market because we do not really come here together but there is much more that the community can do.
Despite how furious the forces maybe against Bitcoin, Did you know that even if Bitcoin crashes today, and no one is buying Bitcoin, there will be no selling out and indirectly that cancels the crash and when the air is cleared again we start normally well and safe again?
But this is very hard to happen because the government who is standing against Bitcoin also knows about that, and they will still be the ones to offer to buy and make people to lose their investments for a penny
I think it's time we update ourselves and stay stronger, because nothing can happen without the community involvement.
bitcoin must have a solid and strong crypto community and it has been tested to date where bitcoin prices from 2009 continue to rise and that is a clear proof of the role of bitcoin in investment and other things, I see certain countries and communities rejecting crypto because they still want to maintain their system, fiat, central bank so that they can still control everything
I agree, community is one of the important factors in the power of bitcoin. But one thing, we must not forget the function of bitcoin. Because, from there the market will move
To me, If the community of cryptotraders gives it full support and government decides to censor it ,the community effort will be useless. The government endorsement and approval is priority to future of bitcoins.
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