Topic: WHAT IF the GOVERNMENT wins over BITCOIN? (Read 2611 times)
They can not stop bitcoin tissue. All they can do is share FUDs about bitcoin and embrace bitcoin into their activities for exact economic progress, equitable welfare and no more social gaps. the government can not stop bitcoin even though they are trying to do the majority of society still support bitcoin for the better it can all come true because we all still believe in bitcoin.
Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.
I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).
So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.
This is not an advice. It's simply a shared idea.
How about you? What do you have in mind?
I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).
So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.
This is not an advice. It's simply a shared idea.
How about you? What do you have in mind?
For me the government will be benefit of it but i think government can't win because bitcoin is high technology so many ways to access bitcoin as long we earn money other government continue to send money to circulate the money but other government hate bitcoin. At the end of the day it's all about business and money.
There were still be a lot of process before this things to happen, the whole process would take too long before each one's government to legalize or manage to control bitcoin..but in the end its still the people who would decide...Bitcoin is decentralized kind of system and I'm sure people would not want their money to be taken control with.
I have the same reasons for you. I don't really have a problem whether the government will take control about it or not, because whatever happens, as long as we still can access, use, and invest in bitcoin, i will keep investing in bitcoin as long as it's profitable.
But i also invest here and save the profits, so i can invest in real investment, like property because it's very profitable and not as risky as cryptocurrency. Well at least i know that it won't go wrong if i invest in them.
But i also invest here and save the profits, so i can invest in real investment, like property because it's very profitable and not as risky as cryptocurrency. Well at least i know that it won't go wrong if i invest in them.
If the government wins over bitcoin? it can be a legal? it can be a physical? it can be a currency? nobody knows, but i hope bitcoin will survive in the future, and always going up.
We find under a lot of pressure from the States. Governments have no interest in allowing people to freely dispose of their money. All of us are forcibly driven into the banks. Who doesn't have a Bank card now? After the appearance of bitcoin, people get out of control.
Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.
I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).
So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.
This is not an advice. It's simply a shared idea.
How about you? What do you have in mind?
If goverments wins in bicoin i think goverments will still continue to send a lot of money in bitcoin it called circulating money and we dont need to be panic if goverments manipulate or regulate this because this is a reasons why we say that bitcoin is not a fraud. I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).
So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.
This is not an advice. It's simply a shared idea.
How about you? What do you have in mind?
I think government cant completely take control over bitcoin more over lots of governments trying adopt blockchain technology recent dubai 2021 blcockchain summit.
I have in my mind that if the government starts generating profits with bitcoin, then it would soon become a regulated currency, they would find a way to intervene the system and establish an order as established with the pocket currency of the stock exchange: Dollar,euro ... But I do not think this will benefit any of the current bitcoin users, otherwise it would ruin us.
They can't take control over or rupture Bitcoin organize, so it won't occur. Everything they could do are share FUD about bitcoin, control Bitcoin cost and abating Bitcoin selection/use by make new laws.
In any case, with respect to bitcoin innovation, government can't stop bitcoin regardless of whether they endeavor to complete 51% assault, control engineer to dispatch vindictive refresh or power bitcoin administrations/wallet to include indirect access since the group essentially can dismiss the refresh, administrations/wallet and even fork from malignant refresh if it's important.
In any case, with respect to bitcoin innovation, government can't stop bitcoin regardless of whether they endeavor to complete 51% assault, control engineer to dispatch vindictive refresh or power bitcoin administrations/wallet to include indirect access since the group essentially can dismiss the refresh, administrations/wallet and even fork from malignant refresh if it's important.
I dint think that govt will win over bitcoin. They certainly do not want bitcoin to be banned completely, they just want the taxes. But it is not in their hand to control. So its very difficult for them to win over it.
The technology is constantly evolving and people are beginning to embrace digital currency in addition to the currency and if the government chooses to ban bitcoin, it will be a temporary government loss if bitcoins are set, the government will earn revenue. Governments should reconsider their decision because cryptocurrency remains here and becomes part of the financial world
It will decrease people will patronize and will become destruction of any body because goverment will put on a tax in every trading. The income will decrease and many people will declare civil war against goverment.
if that would happen, i'll be the first person who really happy most because no more against about Bitcoin and we totally do legal transaction about this matter. in our country government really against Bitcoin and i don't know why.
It seems the government will never be able to control the movement and circulation of bitcoin, free-moving bitcoin no one can control it even though the government has worked hard, the government will never be able to control the circulation of bitcoin.
I am not sure that government can win this war. At the end everyone will use cryptocrrencies because they are better , faster and making everyone more independent.
If you don't know then let me tell you that Bitcoin is a decentralized currency. What this means is that no single party controls bitcoin meaning even if the governments ban bitcoin there are going to be nodes running and miners mining bitcoin all over the world and theres going to be at least one country who will be crypto friendly.
Completely agreed. And i believe not only one country rather all the developing countries would accept cryptocurrency as technology is the main mode of development for these countries.
All users are already feeling the benefits of bitcoin, if someday the government wins over bitcoin then this will not have any impact, as long as people can benefit then they do not care about the government.
If that will happen i will be anger and disappointed with the government,but as long as bitcoin continue produced its good opportunity,the government will not win.
All users are already feeling the benefits of bitcoin, if someday the government wins over bitcoin then this will not have any impact, as long as people can benefit then they do not care about the government.
It could still operate because it is not the government run the system instead it is the people who believe on it. As we all know that there are many benefit that bitcoin has brought and one of it is the promotion of the altcoins which give bounty rewards for the promotion. It is one way of earning it here in cryptocurrency. There are many ways to earn here so i guess it will not be that easy for the government to regulate or interfere with bitcoin. People are loving it here so why should the government interfere?
Despite the problems that the crypto currency has in terms of scalability and lack of regulation, the government will not fully be able to limit people in its use. yes, the crypt will not be a means of payment, but it will still be produced and traded on the exchange, too.
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