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Topic: WHAT IF the GOVERNMENT wins over BITCOIN? - page 2. (Read 2594 times)

newbie
Activity: 280
Merit: 0
I think that's impossible or so hard for government in the world to control crypto currency. But, nobody to knows what will happen tomorrow except if each of government in a country create their own crypto currency to be used. So, it's possible to come true.
full member
Activity: 308
Merit: 146
Experts noted that Bitcoin's growing popularity speaks just about the fact that the banking system collapsed in an attempt to provide a working solution for international transfers, but Bitcoin is far from solving this situation. According to Cure, Bitcoin did not become a way out of this situation, as he did not succeed in cross-border payments.
Such payments not only allow buyers to easily purchase goods online from abroad, but also help foreign workers send money home, and an attempt to improve the payment system in this direction can be a way of defeating Bitcoin, who has not coped with this task .
full member
Activity: 263
Merit: 100
Experts noted that Bitcoin's growing popularity speaks just about the fact that the banking system collapsed in an attempt to provide a working solution for international transfers, but Bitcoin is far from solving this situation. According to Cure, Bitcoin did not become a way out of this situation, as he did not succeed in cross-border payments.
newbie
Activity: 168
Merit: 0
It will be a big lost for all invertors and members but I guess not every country will win over bitcoin it depends on the people's reponds to the demand of bitcoin and communication nowadays is not that hard specially that internet are almost all over the world.If the government will banned the bitcoin there will be a chaos around the world they should also shut down the internet connection.Bitcoin helps the people to earn a money.
sr. member
Activity: 1316
Merit: 356
I don't think that government will wins over bitcoin because nowadays its very popular. To be honest no one can stop/beat bitcoin because a lot of people invest, trust and used it so if it is will happens there will have a problem against on that way. As much as i believe no one can defeat cryptocurrency.
jr. member
Activity: 173
Merit: 1
as far as technology goes, they can not stop it. The price drop will also be temporary. Bitcoin will always go into all-time highs, without government approval. It will be a success adopted by the government, or will succeed as an underground asset. And I doubt all governments will have the same opinion about a bitcoin-friendly country and buy your property there with it.
member
Activity: 134
Merit: 10
Even if this happens, it is not in all countries at the same time, but only in a single country. There is always a possibility to move to another jurisdiction, which is more friendly to the cryptocurrency market. Currently, the leader in the field of cryptocurrency is Japan.
full member
Activity: 378
Merit: 102
it is unlikely. According to the theory, mass and instantaneous introduction of bitcoin can happen at any time. Among other signs of the approaching hyperbitcoinization is the refusal of realtors to accept dollars or euros: they prefer crypto currency. The impetus to hyperbitcoinization may be rapidly developing inflation - hyperinflation.
newbie
Activity: 74
Merit: 0
I do not think that in the coming years the government will ban the bitcoin, so I'm not afraid, the problem I'm afraid here is that in the coming years the value of bitcoin will rise, so that I can continue. invest in bitcoin.
member
Activity: 271
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


Government cannot stop this crypto world that lots of people used. They can't stop the network or the virtuality of the people for this will help them. Government must be thankful than putting the crypto in this kind of situation for this will help the country to make the economic better and the good thing is the only the Government has the power in appreciating those for lot of Government are corrupt and not sharing the money in the poor or to those people who woek for it. Crypto must not vanish for this is a big help to people. Hoping that Government will sew the importance of crypto even not today but hope in the near future.
member
Activity: 336
Merit: 12
I don't see this as  win / lose scenario as such it is a change in the perception of the old money system to an acceptance of cryptocurrency as a viable way forward. The first change was to accept Bitcoin as bonafide money instead of ignoring it, the second stage is to legislate for the use of and taxation, this is where we are at the moment gradually moving through country to country.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
If governments win over bitcoin, the profits will go into the pockets of the government and it gets used same as the traditional currency. Further people start thinking that there is no use of bitcoin which will gradually decline the usage and the same will affect the growth in a combined manner. In reality such scenario will not exist.
full member
Activity: 304
Merit: 100
There is no way the government would be able to overcome all users of the bitcoin and win but I do see some kind of regulations coming in some countries or even having the bitcoin banned in other countries.
newbie
Activity: 100
Merit: 0
They will ban or try to apply regulatory actions on crypto currencies. They won't prefer to ban them because they have a future but they will want to control them.
newbie
Activity: 71
Merit: 0
I can not imagine such an option. now the Government is at a dead end. They are forced to continue inflation, so as not to deceive the expectations of society - at bitcoin, there are no barriers. In a sense, paper money has ceased to be a currency. Moreover, the theory asserts that hyperbitcoidization will occur faster than hyperinflation, but it does not destabilize the economy as much as state measures.
It Kills them Every time when Bitcoin strikes again and they loose many investor in bank because the economy and banks depends on how many investor do invest on such banks they cant get a commission and like you said its a dead end.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
if the government managed to control the circulation of bitcoin then it seems bitcoin price will be used for the game government which means at any time the price will go down and at times will be very high with a fast time and it is very horrible.
member
Activity: 406
Merit: 13
For me as long as they would not ban bitcoin and other cryptocurrency, everything will be good. They have to consider that it would be the advantage of their government if they will regulate it. On the other hand, if they ban it, then unfortunately we cannot do anything about that (like what happened in other countries) except if we are going to migrate with other country who doesn't ban bitcoin.
newbie
Activity: 119
Merit: 0
Of course if the Government win over bitcoin theres a lot ao changes in policy and mostly the income taxes possible talking.
member
Activity: 263
Merit: 12
In my opinion about government wins over Bitcoin if that happen there will  be so many changes hoping that they wont ban the bitcoin ,because there are so many people depends their source of income from this forum .
full member
Activity: 285
Merit: 100
I can not imagine such an option. now the Government is at a dead end. They are forced to continue inflation, so as not to deceive the expectations of society - at bitcoin, there are no barriers. In a sense, paper money has ceased to be a currency. Moreover, the theory asserts that hyperbitcoidization will occur faster than hyperinflation, but it does not destabilize the economy as much as state measures.
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