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Topic: Time Will tell - page 4. (Read 621 times)

full member
Activity: 1099
Merit: 116
April 10, 2020, 08:35:26 AM
#6
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

Governments of the most countries are trying to establish new laws and regulation on Bitcoin and crypto trade. This situation isn't good for the crypto lovers because we live in a country and if govt imposes such hard rules, we have to fear of our punishment if we can be caught by law enforcing agencies. Although Bitcoin transaction and trade are fully controlled by the users and here the govt has no control but it should be bear in mind that govt rules play a vital factor in the society.
hero member
Activity: 2856
Merit: 674
April 10, 2020, 08:32:02 AM
#5
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 regulation has already started, these exchanges that we are using is already an evidence that the government is accepting crypto, and more and more regulations will happen in the future, it will not happen right away, just like the adoption we are hoping slowly but we wanted it consistently.

in the future, this market will mature with more regulation and this will be safer than anyone can imagine.
sr. member
Activity: 1498
Merit: 326
20BET - Premium Casino & Sportsbook
April 10, 2020, 08:27:21 AM
#4
Im thinking the same way too. Imagine if thr government will control the bitcoin and cryptocurrency which is imposisble in my opinion, they rather use it to benefit only their purse. You know how corrupt mostly those government people. I know Satoshi's goal is to let users free from using a conservative and sophisticated tech of blockchain to buy, sell or trade any things using his bitcoin and even fiat money. The only concern here is its legality since government wanted a controlled system for its system. Under these circumstances, and eventually happened we will see an end on its potential to be a useful digital currency that can be use on the future.
sr. member
Activity: 1022
Merit: 256
April 10, 2020, 08:15:39 AM
#3
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.
legendary
Activity: 1134
Merit: 1599
April 10, 2020, 07:32:50 AM
#2
I'm afraid it's quite the opposite: we shouldn't underestimate the power of a government. They let us be for the moment but I'm really wondering if they will do the same in the following years. If India was able to ban Bitcoin along with other countries and there was no civil unrest, I am honestly afraid a Bitcoin ban would only be followed by very small and non-significant protests that would result in.. nothing!

The only thing we can do is try to keep following the path we've started (mine is to keep believing in and supporting BTC) and hope a ban or harsher regulations aren't coming.
jr. member
Activity: 79
Merit: 3
April 10, 2020, 07:19:50 AM
#1
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.                                      
12/4/2020 Upon checked some comments I saw some people still fear that this revolution may hindered by some governments obstacles but the emphise is the same dont forgot that there where some revolutions which might not be the same but power of the people won  as it will happen On Bitcoin
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