Topic: The Future of Bitcoin is the Community not the Government - page 7. (Read 721 times)

in my opinion the future of bitcoin is the future and we are all now bitcoin has lowered lower income, but in the future bitcoin will increase. so every government will regulate all this in other countries and will benefit the benefits.

The future of the BTC is to create a community without borders where everyone can communicate with each other at will.

Yes, it seems that right now many parties have secretly wanted to destroy bitcoin, but I'm sure bitcoin will not be destroyed because the bitcoin system runs automatically and strongly, but the threat can still come into the cryptocurrency market, the threat is like manipulation, and also the spread of negative issues that cause panic sell.

Bitcoin is not really popular around the world but its value is high. Everyone knows about Bitcoin just for profit, of course Bitcoin is forever the community can not be the government. Just cryptocurrency in the electronics industry.

I think, to accept btc is inevitable for governments

You are also right. bitcoin future are more bright and stronger than ever. bitcoin are decentralization here is not control third party or government. it more strong by community.

If you take a further look at things at times too, you will realize that the battle against bitcoin does not start with the government as what government has done with all of the others that have waged war against bitcoin is to expand and capitalise on the battle that started from within. Lets take a look at the several forks that have come from bitcoin, right from BCH to BTG, BTW, BTA etc and several that we have lost count with everyone of them claiming to be the real bitcoin or the real dream of Satoshi. Today, it has gotten so bad that it seems new version of bitcoin is launched every now and then and this is deceiving people on which one to put their money, why won't government step in, in the name of ''protection''.

Every now and then, when there is need for a blockchain of bitcoin conference, its not always complete until you have government representative as one of the key note speakers. Its on this platforms you see developers in the same crypto going head to head against each by outlining the deficiencies in each project while governments rep are taking note of where to launch the next attack and its working. The point is for the government and others against bitcoin not to win, the community needs to converge irrespective of its differences or else, government would eventually win and there is nothing that would be done to stop it.

Those who invested in Bitcoin early will have a lot of currency and therefore power.
Currently, trading platforms have the power.

If you mean by crash[1] "a sudden and significant fall in the price of bitcoin," it has happened several times, and nothing "from you mentioned" has happened.

Which government? 
The volume of bitcoin trading is more than $ 3 trillion [2]. This means that the market is too big to be affected by a drop in price or fear of it.


[1] A History Of Bitcoin Price Collapses Over the Years
[2] https://coinmarketcap.com/currencies/bitcoin/

I maybe the future of bitcoin is the community the only contention government ever against bitcoin.community has a big influence on the bazaar movement of btc.we better aid to divide the clop of crypto currency to other people to our correlatives and buddy.

Yes, it is right that bitcoin has a good possibility to be the future currency but it is also truth that it is only possible if all the government support or infect the majority. So, government is also a part of it and community also.

Actually true talk buddy, if we as the community could hold hold firm and integrate the good work of bitcoin and uphold it no matter what am much more convince that nothing can take us down not even government. We know they have tried several times but still remain the same and even still growing.

Bitcoin future will be very bright because we can see how countries are accepting bitcoin and planing to regulate, because government approval is much important for its future also many investors are taking interest for bitcoin currency because they know its value for present and future. so finally we can say government and community both are necessary for bitcoin bright future.

Couldn't agree more. Once the community embraces it with both hands then there is no stopping for Bitcoin.

everything started when the greed came in. we lost sight of what we have been fighting for. all the work that has gone into making bitcoin decentralized and keeping it that way is always under threat and we need to stay vigilant or lose everything. profit and earning money is not everything.

but i do believe that in the long run all these headaches will go away and we eventually see bitcoin on its right path getting rid of all the centralized entities that tried to enter and take over .

I agree with you. Community and government should work hand in hand like for regulation to curb those scams and fraud. I do agree also that the community is a great  driver of its growth, but the  technology and features behind is another factor. More improvements and more reliable the project is, more people and institution likely to support it.

If government controls it then it will be centralized. So to keep the crypto world alive we need to stay together. Crypto world is nothing without decentralization.

I believe that future of product in the market is decided by the trust the investors put on a product. So, I will definitely agree with you here. But, we cannot really deny the fact that due to the market being prone to manipulation, unfair practices and fraudulent activities there will be a time when government will try to intervene.

I think both the government and the community have a role to play in the future of bitcoin in the sense that if the community accept it and the government reject and the is a penalty for anyone caught using the effort of the community will not be useful.

Not all Government are against with crypto currency sure most of them are to those selfish government's afraid that they cant corrupt peoples money in crypto world, for me its just a matter of time soon crypto currency will be the most useful currency in this world.

You are right community can speak for the world, we better help to share the word of crypto currency to other people to our relatives and friends it will be a big help for us. 

I may agree to your point where the community has a big impact on the market movement of btc and therefore people in this community should know what to do in times of bear market such as no panic selling should  be made. This will only worsen the problem since there will be more abundant supply of btc and as result, this may trigger to continue it's dip. It should have been buying more btc during bear market and should be no selling more btc.