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Topic: The Future of Bitcoin is the Community not the Government - page 2. (Read 721 times)

legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
In my opinion, it is not possible to do anything without the participation of the community. Bitcoin has become popular in the world. Bitcoin can not be stopped even if the state is bitter, but Bitcoin can be controlled by the government in future.
I'm not sure the government will control bitcoin in the future, I just feel if bitcoin will continue like this which has no center and cannot be managed by anyone, even though the value of bitcoin can be manipulated but with anonymous nature in bitcoin, then I think bitcoin will remain decentralized.
newbie
Activity: 155
Merit: 0
In my opinion, it is not possible to do anything without the participation of the community. Bitcoin has become popular in the world. Bitcoin can not be stopped even if the state is bitter, but Bitcoin can be controlled by the government in future.
member
Activity: 223
Merit: 10
Yes i agree that the community is the  main factor in bitcoin for even before the bitcoin community exist without the government. But somehow, a government that accepts bitcoin can also strengthen the bitcoin community when it is accepted and lefalized in a country. Nevertheless if they don’t the bitcoin community stand still despite the many obstacles it already went through.
newbie
Activity: 152
Merit: 0
i don't agree with your thought because if government of countries will not make BTC legal then it will not gonna expand. Of course the community play a vital role but government is the vital fact.
so both are equally important in this matter.
it makes sense, without the legality of the government bitcoin will only develop side by side. but if the government also supports it, it will make Bitcoin grow bigger.
full member
Activity: 686
Merit: 104
so far the bitcoin trip has been greatly assisted by crypto hunter communities, including this forum, reddit and other forums, without any government intervention. that is, even in the future, bitcoin will continue to run with crypto communities, not the government.
sr. member
Activity: 714
Merit: 260
In some ways we can consider that it was the community who will decide what may the future gives to bitcoin,but let us not forget that even how hard we do to support and strengthen the cryptocurrency foundation but if the governments will push bannings and many other policies for  our community.just like whats happening now that how many countries are putting hard actions towards us,this makes the investors hesitant to add investments and to attract othrs to do same
member
Activity: 406
Merit: 10
Indeed, Bitcoin's future is a community of supporters of Blockchain technology, not the government. Governments can not enter the market because everything is anonymous. And they can not tax us because they can not protect us, so the future is in the community, not the government. The government only takes up a small part of the importance.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
yes you are true that the future of bitcoin is only determined from the community and from the demands of the existing bitcoin and the government will not be able and will not be able to ban the circulation of bitcoin.
jr. member
Activity: 266
Merit: 1
Yes I believe you are correct. The bitcoin community plays a huge role in keeping bitcoin alive and kicking. If it wasn't for the people who believe in what bitcoin can really offer and how much potential it has, bitcoin could have been long gone. Take a look at all those altcoins who failed and jist die. They die because of the government stopping them, most of them died because the community behind them turned their back and loose their interest on it. If thwir is no support from the community even something big like bitcoin will eventually die.
full member
Activity: 854
Merit: 130
the government should not be able to interfere in this matter with bitcoin but still the government still has to monitor how to run the system from the blockchain because there are many ways for criminals to do things that are prohibited by the government
member
Activity: 287
Merit: 10
The government will not impact Bitcoin, bitcoin is independent in the future. In my opinion, since its inception, nobody knows about Bitcoin's father, which is a calculated anonymity. And the government will not be able to ban the impact of the community on Bitcoin. The future is just subjective predictions.
If the government will not impact Bitcoins, then why are traders speculating on the ETF by SEC. The government has a power to make and unmake bitcoins with such regulations like the ETF or any legalities the government deem fit to ensure the cryptcurrency is obliged to comply.
full member
Activity: 476
Merit: 101
That is very accurate. The power of the people is much stronger than the government. The government is just there to make us safe and decide what is good for the rest of us. And though they see some negativities around bitcoin, its future is still bright because we are proving that it's much better than fiat.
newbie
Activity: 182
Merit: 0
I think both the community and the Government both have an important role to develop the bitcoin. If the two sides cooperate bitcoin will surely developed rapidly. but looking at the current situation many countries who opposed the bitcoin, so as part of the community we should still think positive and keep promoting bitcoin so bitcoin will survive.
hero member
Activity: 2590
Merit: 644
This is very true, the more adaption is equal to a bigger bitcoin community and even though without the government, bitcoin can still shine and go up. Cryptocurrencies are not dependent on the government because even though there is a lot of government that doesn't approve cryptocurrency yet, we can see that they are continuously growing.
jr. member
Activity: 98
Merit: 3
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.

I think everything starts within the community and the government will eventually do something about it if they are aware of the pros and cons of using a digital money. If they think that it is very beneficial to human lives and both fiat and digital currency could co exist, there won't be a problem in digital currency to exist. In my opinion, the problem comes from greediness of some people who are against it so the government is playing safe and most often not legalizing the use of digital money.
newbie
Activity: 308
Merit: 0
So in your opinion, you don’t need government to allow you to sell bitcoin into your country’s currency right?
Think about your government carefully man lol
hero member
Activity: 1918
Merit: 564
Well said deonyx.

Truly there is strength in a well informed community of bitcoin enthusiasts. But one can never discount the over powering of any government against our most trusted cryptocurrency. They can actually make a few tweaks here and there in the governing regulations under financial control to make bitcoin bend and lose its freedom.

But as long as the people standing behind bitcoin rallies for information, knowledge and what to do in the event the government deploys tactics to make bitcoin succumb to their will, i think bitcoin will not flinch even a bit.

Just so you know, i am with you on this rally.
member
Activity: 322
Merit: 20
Donating 10% to charity
I believe it's both of the parts. Community is very effective at making democratic government take some actions though if the involvement is big and well directed enough.

However, capable governments are not blind to the possibility of Bitcoin and blockchain for the future. Which leads to them regulating and accepting it, getting taxes out of it also like with every other economic activity or investment.

Encouraging more community support is really good because it can also bring better actions from governments all over the world not only the ones in first world countries. As the size of the community increases, also will the influence of it if we gather enough people willing to help.
sr. member
Activity: 481
Merit: 250
All right you say bitcoin is a society, not a government. For this reason, we are a key link in the growth of this concept and idea. It depends on us whether the system will continue to work and what it will be. Indeed, everything is in our hands.
newbie
Activity: 252
Merit: 0
yes the community itself are the one who supports the bitcoin because nobody can manipulate bitcoin and its flow . Many people buy bitcoin price will increase and if people sell then price will decrease the government has no control in it they are just warning people  about its either if they support it or not . Some countries do ban bitcoin and it has an effect to bitcoin price but eventually the price still coming back
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