Time Will tell - page 2. | Bitcointalksearch.org

Botnake

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Quote from: Mttewndew on April 12, 2020, 02:50:30 AM

Quote from: ?? on ??

It's a very generic way to discuss this, but ok, I'll be short too
If governments make BTC transaction, withdraws and deposits illegal, BTC will almost end, only some people will pay and receive BTC for most illegal practices
Would you risk to be arrested having BTC?
Most of the people won't

We have to be realistic, it's a utopia think that people will keep using BTC risking to be arrested

Totally agree with you. It is enough for governments to introduce one single ban and all cryptocurrencies will lose their value. Who will need them if all kinds of sanctions are imposed on people for their use?

They as the government has power to ban anything, but if the people will fight for crypto, the people will win.
I think this is the scenario that happened in India, because people fought for crypto, the government lift the ban and I think it happened this year.
So eventually the government will be fair and people will win, unless you are living in a country where there is a dictatorship.

christhemaner

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I like that BTC is decentralized. Some countries that tried to ban it failed. Perhaps in the future, governments will be able to find a way to control bitcoin better.

Latviand

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Quote from: dunfida on April 11, 2020, 02:35:10 PM

Quote from: SUMBI99 on April 10, 2020, 07:19:50 AM

Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users

Being optimistic isnt bad but we know that government doesnt really like Bitcoins existence thats why we have seen that each country does have its own view towards bitcoin- Some do recognize it but
most of them totally ban it or getting rid of.

Bitcoin is a thing that opposes centralization on where government is doing.So its just normal for them to have such measure since they do know the threat that can impose against them.
Adoption is on the move though but we cant totally see its total potential as long there would be blockage from the government..

It should start with us, bitcoin supporters, the key for the bitcoin's success and mass adoption is when we work together as one in promoting and advertising the benefits of cryptocurrency in the community. We should think of a unique and effective strategy for us to persuade the government to implement it in their country. If they are knowledgeable enough about the use of crypto, they will notice it when the right time has come. Our aim is the government to have trust in the bitcoin in helping its economy to grow, every people should try to use bitcoin and let its effect decide their decision if it is good or bad in their economy. Don't make any conclusion if you don't experience using bitcoin in your investment and transactions yet.

Mttewndew

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Quote from: ?? on ??

It's a very generic way to discuss this, but ok, I'll be short too
If governments make BTC transaction, withdraws and deposits illegal, BTC will almost end, only some people will pay and receive BTC for most illegal practices
Would you risk to be arrested having BTC?
Most of the people won't

We have to be realistic, it's a utopia think that people will keep using BTC risking to be arrested

Totally agree with you. It is enough for governments to introduce one single ban and all cryptocurrencies will lose their value. Who will need them if all kinds of sanctions are imposed on people for their use?

Ozero

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So far, governments have recognized that decentralized cryptocurrencies do not pose a threat to global financial stability and do not take any measures against it. They look more closely at it and evaluate it and make the first attempts at its general regulation. This refers to the FATF recommendation of June 21 last year, which is aimed at laundering dirty money and financing of terrorism. Many states are now working on the creation of their national stable coins, which is very good for cryptocurrency, although stable state coins will seriously compete with decentralized cryptocurrency as a means of payment. It seems that governments do not intend to actively deal with cryptocurrency yet. And there time will tell. So far, the current state of affairs is quite favorable for cryptocurrency.

Janation

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Quote from: SUMBI99 on April 10, 2020, 07:19:50 AM

Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users

The government will not do much but just to legalize or regulate it in the country.

They don't care about the future, they don't care who uses it but what they are planning to do is to take care of their citizen who uses it. Here in our country, Bitcoin is legalized and there is no development of sorts for a long time now. Right now, they are busier and focussing more on the pandemic that is happening. Despite the legalization here, people are not really using it.

maydna

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Quote from: Kelvinid on April 11, 2020, 05:10:11 PM

Quote from: SUMBI99 on April 10, 2020, 07:19:50 AM

Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users

But I don't that they are going that way, instead, they act differently as what you think. If you can hear a lot of countries are banning crypto it simply means that they are not appreciating Bitcoin but they would like to stop its development. Well, that could be a harsh think it happens. Besides, we need their support but it was a big opposite they give to us in return. And I believe that the government still has the power to control their people and so their activities.

They won't do that if many people use bitcoin, and I think the government will know about that. They will consider lifting the ban if people like to use bitcoin because they will think about the people's power that can push them to accept bitcoin. The government are not appreciating of bitcoin because they don't learn bitcoin yet or they do not yet found the advantages of bitcoin to their country. The government will support bitcoin one day, and we don't have to worry. Meanwhile, we need to focus on making more and more bitcoin from now on, so when the time comes, we will be ready, and we can sell our bitcoin.

Kelvinid

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Quote from: SUMBI99 on April 10, 2020, 07:19:50 AM

Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users

But I don't that they are going that way, instead, they act differently as what you think. If you can hear a lot of countries are banning crypto it simply means that they are not appreciating Bitcoin but they would like to stop its development. Well, that could be a harsh think it happens. Besides, we need their support but it was a big opposite they give to us in return. And I believe that the government still has the power to control their people and so their activities.

gundala

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Bitcoin is surrounded by pros and cons. Its working system, which is contrary to the centralized system that has been established since decades ago, made most of the government provide anticipatory steps and strict legislation. The money circulating in the crypto world currently reaches billions of dollars, so a ban on this is not the right choice, so the government is only able to compensate it with legislation. As good citizens, we must obey government rules, learn the rules well, and find the most effective and suitable way for your efforts to earn money from cryptocurrency.

Bitcoin does offer "freedom", but rebellion and lawlessness are not part of freedom. Be smart people

dunfida

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Quote from: SUMBI99 on April 10, 2020, 07:19:50 AM

Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users

Being optimistic isnt bad but we know that government doesnt really like Bitcoins existence thats why we have seen that each country does have its own view towards bitcoin- Some do recognize it but
most of them totally ban it or getting rid of.

Bitcoin is a thing that opposes centralization on where government is doing.So its just normal for them to have such measure since they do know the threat that can impose against them.
Adoption is on the move though but we cant totally see its total potential as long there would be blockage from the government..

Sanugarid

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Quote from: BuNga_cute on April 11, 2020, 02:05:25 PM

ery true time will tell how the development of bitcon is happening in the future, whether there will be regulations imposed by the government
against bitcoin. So that the government can accept and support bitcoin, because bitcoin can be a solution to prevent the spread of corona viruses,
because bitcoin transactions do not require physical contact.

I guess the government will consider looking to this one since the outbreak was clearly a sign of declining economy, not only because fiat requires a physical contact but bitcoin helps through times like this, a lot. Massive adoption is what I'm talking about, even with or without this pandemic the government should offer their people the best possible ways of living, and it is easy with cryptocurrencies. Gold and Cryptocurrency is a killer of possible recession I think.

BuNga_cute

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ery true time will tell how the development of bitcon is happening in the future, whether there will be regulations imposed by the government
against bitcoin. So that the government can accept and support bitcoin, because bitcoin can be a solution to prevent the spread of corona viruses,
because bitcoin transactions do not require physical contact.

davis196

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Quote from: SUMBI99 on April 10, 2020, 07:19:50 AM

Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users

The people's power will strengthen Bitcoin?Really? 98% of all Bitcoin users are using BTC only for the perspective of making more money.If that perspective is gone,they will dump Bitcoin pretty fast.
I guess you are overestimating the "power of the people".
Anyway,regulations should be followed,only if they are good for the cryptocurrency ecosystem.
If they are bad,all the hardcore BTC supporters(probably 2% of all BTC users) will move into the darkweb and continue using BTC.

akuser

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Quote from: SUMBI99 on April 10, 2020, 07:19:50 AM

Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users

you are right.. bitcoin& some other cryptocurency will be made future payments used in many country,i think... its can be good choise beside save a golds... but they have a high fluctuation price.. so beware used your money fwhen playying crypto

Chris Barth

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Here's one thing. We need to make the government understand the advandltage of bitcoin over fiat (I know you'll say that they are aware already, and that why they are playing deaf ears) but then, that's almost the only way. No matter what we do, if all government says that they do not want bitcoin to he used by their citizens, bitcoin would fall and break to pieces because it'll have a lower demand. In summary, I believe the government have more power than we do. I don't even think we can win this in a protest. We need the government to cooperate too for bitcoin to bloom better. Amen

AniviaBtc

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Quote from: ?? on ??

Quote from: Periodik on April 10, 2020, 08:15:39 AM

Quote from: SUMBI99 on April 10, 2020, 07:19:50 AM

Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users

The governments will soon realize that since Bitcoin is the money chosen by the people themselves with absolute freedom and without the slightest amount of coercion, they will recognize it. Bitcoin is not something imposed on us by some kind of government or ruling power and authority. It is there not even calling us. It is just right there sitting passively as an alternative to what is globally accepted. And yet people freely choose it. We are the ones who will show and demonstrate to the governments that we are choosing Bitcoin.

As long as the people who are in their respective governments can also make money off it, we won't see any strong regulations trying to kill or stop crypto. The honest truth is there is too much tax money, jobs and industry around crypto now to kill it without damaging yourself more.

Financial freedom is important most especially if your intention is to help other people in times of need. The government should really know the true value of bitcoin in the economy because it will really increase or improve their economic state once implemented in their market. Unfortunately, the reason why some of the countries are still not legalizing the cryptocurrency in their economy is because of the mindset that they have in crypto and fiat. Maybe they think that cryptocurrency is just a scam that's why they never try to explore, and study it. We are the one who can change that mindset by promoting and advertising the true advantage and effect of crypto to the community and economy of a country. We are the one who can demonstrate it so that they will see how this crypto works.

Wexnident

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Well, tbh, I'm more opt right now to a mix of both as useful for my everyday life. I mean, yea, I was at first hoping for full integration of a system run by a community, but erm, this might ruin the entire concept of development which is done by the government. Yes there are tons of friggin corruption done here and there, much so that accounts of usages of tax and the like aren't most likely equal to the ones they are showing. The idea of crypto is innovative, as you can see with how many companies and countries are thinking of the idea itself and how they could put it to their advantage, but as a country itself, without the support of a governing body (even if it wasn't the government, some other form or something idk), improvement of facilities and faculties of different parts might be difficult. I'd be more favored to the idea of BTC erm, changing the position of USD as the top? maybe? but still, countries have their own currency to be used for daily transactions.

verita1

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I think that due to the current situation, Bitcoin will have more recognition and uses worldwide. But we have good news. Canada launched its first public Bitcoin fund $ 1.5 million in the Toronto Stock Exchange. This negotiation was being prepared 3 years ago. Now, investors don't have to worry about Bitcoin's security and custody. This event will provoke a boost to Bitcoin soon and, as you say, "Time Will Tell."

https://cointelegraph.com/news/first-public-bitcoin-fund-listed-on-toronto-stock-exchange

maydna

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Yes, time will tell. The government cannot deny the cryptocurrency although they don't accept it right now. There will be more adoption in all countries, and the government will see that bitcoin will be used as the payment method. Perhaps, they cannot see it happens in reality but they can see it happens on the internet as we will see that the merchant trying to add cryptocurrency as an alternative payment. I prefer to see cryptocurrency can work together with fiat money, and people have a right to choose what payment system they want to use to pay the products.

NavI_027

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Quote from: btc78 on April 11, 2020, 01:18:54 AM

But like the Title "Time Will Tell" because the truth is People here in Crypto market did not Join force until now.

this is why Whales is still winning over us .

I think the whales are not the real enemies here. Being a whale is not a mistake nor a curse for the others, actually they are helping the market to rise. Well, we can say that what benefits their actions the most are themselves of course but at the end of the day they are all called adopters like us (small investors). Meaning, they are part of the crypto revolution

.

Whether you are a whale or just a "fish", we are part of the crypto sphere. If there is an enemy then I think that would be the challenge of encouraging everyone to try blockchain tech.

Topic: Time Will tell - page 2. (Read 621 times)