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Topic: WHAT IF the GOVERNMENT wins over BITCOIN? - page 15. (Read 2594 times)

member
Activity: 672
Merit: 14
I don't agree with you on this and in its wake, i can sense the spread of FUD. Remember there are also some countries and governments who are crypto enthusiasts and have no issue with cryptocurrencies. A complete ban of Bitcoin or cryptocurrencies is not possible unless the internet is banned.
full member
Activity: 450
Merit: 107
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I agree. now all we really need is the legitimacy of the law and the legality of all the coins that have circulated in the market. so all coins we can use to transact and all countries can accept digital currency as an alternative currency other than the conventional currency.
sr. member
Activity: 868
Merit: 266
I don't know why most investors are afraid of regulation of bitcoin. If you mean by freedom is evading taxations, don't you think that's wrong?

Governments look into regulating cryptocurrencies so it could be legalized, if that happens government will support crypto's and even encourage people to use it.

If not, investors would be less and we shouldn't be whining about bitcoin's continuous price declines.
Exactly if you believe you ar not going to use bitcoins to launder money or evade tax and other crimes, then I don’t think there is nothing to be afraid of at all. And I would rather want a regulation than a ban which will dwindle my profits.
hero member
Activity: 770
Merit: 500
Nothing will be able to prevent you or anyone else from using Bitcoin, and that will never change. Governments can and should acknowledge Bitcoin's presence, and know that it is here to stay. Governments want to stop money laundering and other criminal activities, but the main reason is that they want to tax cryptocurrencies and keep control. If government declares it as illegal then BTC transactions in that particular country will be stopped and people will have no way to change BTC into their respective currency. If government declared it as legal then some regulations will be imposed on it.
jr. member
Activity: 602
Merit: 8
If the government ever did manage to gain control over bitcoin I think they would shut it down. That being said I don't think it will ever happen.
jr. member
Activity: 340
Merit: 1
It is hard if the goverment wins against bitcoin many people will affect on changes other people will fight against goverment because only bitcoin is the way to earn if goverment will destroy many people will fight back against to goverment and it will make civil war against them. It is my only opinion.
jr. member
Activity: 210
Merit: 1
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I don't know why most investors are afraid of regulation of bitcoin. If you mean by freedom is evading taxations, don't you think that's wrong?

Governments look into regulating cryptocurrencies so it could be legalized, if that happens government will support crypto's and even encourage people to use it.

If not, investors would be less and we shouldn't be whining about bitcoin's continuous price declines.
member
Activity: 378
Merit: 11
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Allways finds the enthusiast who still continuous using bitcoins nad government nothing cant to with this.
Speculative aspect only die
newbie
Activity: 59
Merit: 0
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? Undecided


Nobody- or government- can stop the Bitcoin network itself, that's the magic of decentralisation Cheesy But it is well known that the powers that be DO NOT like the free transfer of funds away from their vested interest, hence the constant FUD cycles. But HODL and we shall avail!
member
Activity: 266
Merit: 10
I think if the government wins over bitcoin. This will inevitably lead to tight controls from the government, controlling every bitcoin activity.
And of course bitcoin will still retain its value, only the development and features of bitcoin will be constrained by government regulations.
member
Activity: 700
Merit: 10
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? Undecided


It is true that we should investing our profits from cryptomarket in real investment in real world. Cryptocurrency market is very volatile and its very risky investment and we can not predict it, to make safe on our profits better spend it on other investment like properties, bonds, or maybe stocks. I think thats a good idea
member
Activity: 140
Merit: 13
I think the current miner's fear of regulatory issues is a human fear because as miners who have spent a lot of money and heard bad news about Bitcoin, we will be worried, but as smart miners we must follow the news to the end and know what the contents of government regulations.
newbie
Activity: 110
Merit: 0
I think that If Government will win against bitcoin. There might be a sudden change in the amount of bitcoin. For sure government will control or manipulate it.
member
Activity: 357
Merit: 10
If this will happened im sure that they abuse it and they put tax on it. As like as you said and for your fear for that we don't know what will happen next with our money in the digital world, to prevent it to be gone be positive in all thing and make a research in all news about crpto`s/digital world in this process you can know what will happen in the near future in crpto world.
sr. member
Activity: 490
Merit: 251
The legislature has high supports however they are not sufficiently solid to direct the cryptographic forms of money in which the biggest group is bitcoin ,they can corrupt the esteem yet it won't go down until the point when it is useless well other than we have a whale amass prepared to hold the torment down.
newbie
Activity: 183
Merit: 0
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? Undecided


this is just a trick of the government just so that Convensional Bank behavior.

because if Bitcoin is in the hands of everyone, then the Bank will not sell, and the Bank has no tax or salary for employees.
sr. member
Activity: 896
Merit: 268
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If Government will win against bitcoin. There might be a sudden change in the amount of bitcoin. For sure government will control or manipulate it.

If the government wins over bitcoin I think they would impose a lot of rules and regulations in their favor ofcourse and in the welfare of all the bitcoin users. But I don’t think they couldn’t have the fully-control of bitcoin.
member
Activity: 266
Merit: 10
I do not think that governments want this, it is not entirely beneficial to the government, many governments themselves want to launch their projects and some of them have opened large farm minings
member
Activity: 238
Merit: 10
well the majority says that the governments can`t stop the crypto craze because of blockchain... but what I think is that we have to secure ourselves also with other investments as governments can be insane and do anything when you correspond with their interests.
member
Activity: 308
Merit: 10
It just became literally digital money but with rules and regulations from the government. It defeated the purpose of cryptocurrency which is liberal money. But I guess we can say that the government may have a plan to regulate cryptocurrency and make it stable.
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