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Topic: WHAT IF the GOVERNMENT wins over BITCOIN? - page 20. (Read 2549 times)

full member
Activity: 364
Merit: 100
Well, perhaps we'll have to part in cryptocurrency. We have to obey the government, whether we like it or not.
member
Activity: 299
Merit: 15
Is tighter regulation of encryption a bad thing? Such BTC and altcoin would be more standardized, and the government could not exceed BTC unless the government could control the entire network.

sr. member
Activity: 812
Merit: 262
Why you are taking it as a sort of some race in which one will win over the other. The introduction of regulations in the crypto market will not mark the end of Bitcoin. Instead it may provide many advantages. Bitcoin will then become more secured. The scammers will not find their place in this area. People can then invest in Bitcoin confidently and without fear. There will also eliminate terrorism and money laundering activities.
In some point yes it will serve as the protector of bitcoin, it will have a rules and regulation to be follow. There are laws that will be created about it. That is when the government was a good one, but if not and he/she was a greedy person then maybe things will not be like that. We all know that corrupt people are mostly in the government and they always thing of themselves. Hopefully that when it happens, officials will used it in a right way.
member
Activity: 204
Merit: 10
The community would be put at risk,the market is going to be too complicated,because there are mixed emotions in the market which is why it is getting more harder to predict.There will be less chances of our market to survive and it might be the reason why bitcoin is going to collapse together with our cryptocurrency market.
member
Activity: 336
Merit: 10
Harmony for One and All
the gov are very hard to win in bitcoin problem, not because about it system, because about the transparancy of it and decentralized, the goverment just can be win if they shutdown all of their internet connection and people can use internet
sr. member
Activity: 1484
Merit: 253
Unfortunately, governments have the power to dispose of the BTC as they please. If they decide to regulate it and let it survive it will be good for us but if they decide to bury it they will succeed.

You're right as we have nothing to do about it. Hopefully the government here in my country will continue to support crypto currency as our central bank support it. The most challenging part on this is the users should will able to such great things and to avoid making scams that might the government to be triggered to stop as the users continue to do such illegal things here in crypto world as the financial living of each people will be affected. Hopefully the will able to avoid those bad doings around here in our society.
sr. member
Activity: 472
Merit: 250
Unfortunately, governments have the power to dispose of the BTC as they please. If they decide to regulate it and let it survive it will be good for us but if they decide to bury it they will succeed.
member
Activity: 420
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


if you really like bitcoin, you should support it being regulated. This might be the only way that bitcoin would be accepted in a country.


We always like bitcoin, and  it is fine that  if  will be regulated it takes time. Even the central bank studied bitcoin in all  its categories .
member
Activity: 420
Merit: 10
It is possible that many governments want to take advantage of this technology, but considering that it is a currency that can not be controlled because its management depends on the whole community, it is difficult for them to take control, what could be seen is that they take control of exchanges creating restrictions on trade.



Government just only want tax, with your money ,that is why they want take control over it.
legendary
Activity: 1372
Merit: 1008
Why you are taking it as a sort of some race in which one will win over the other. The introduction of regulations in the crypto market will not mark the end of Bitcoin. Instead it may provide many advantages. Bitcoin will then become more secured. The scammers will not find their place in this area. People can then invest in Bitcoin confidently and without fear. There will also eliminate terrorism and money laundering activities.
Yeah you're right. if finally bitcoin get special regulation from the government it's not the end of bitcoin and that does not mean bitcoin lost to the government. I think it's a kind of cooperative and symbiotic mutualism. bitcoin and the government both benefit. government get tax advantages and bitcoin users get convenience in shopping and so forth.
member
Activity: 238
Merit: 10
dApps Development Automation Platform
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


if you really like bitcoin, you should support it being regulated. This might be the only way that bitcoin would be accepted in a country.
member
Activity: 182
Merit: 10
Probably our market will come to its end,which is why we shouldnt be letting these governments to dictate what we have as it is going to trigger them to bully bitcoin and the altcoins,we shouldnt be allowing these people to take over the control of the market,as a decentralized community we should be doing our best to protect our community interest.
member
Activity: 193
Merit: 10
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.
member
Activity: 221
Merit: 10
the government winning over bitcoin doesn't  change the fact that it has come to stay.
sr. member
Activity: 630
Merit: 257
Why you are taking it as a sort of some race in which one will win over the other. The introduction of regulations in the crypto market will not mark the end of Bitcoin. Instead it may provide many advantages. Bitcoin will then become more secured. The scammers will not find their place in this area. People can then invest in Bitcoin confidently and without fear. There will also eliminate terrorism and money laundering activities.
full member
Activity: 434
Merit: 100
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


Why will the government banned this thing because as you will look at it there is not much that bitcoins do to the government because they are decentralized so whats the point of banning them. And besides it is scattered all around the world and it has no harmed at all so as long as it stays that way they will always win over the government and i am sure that other government like Japanese will always have full support into that innovation that are comming to us. It is like a trial for the people in the ypcomming generations of currency the digital onces
full member
Activity: 238
Merit: 100
I do not think there will be governments that win this war because Bitcoin and blockchain technology is very important for humanity so governments can't be disagree this technology
member
Activity: 336
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


I think, the most affected ones would the less fortunate ones who do really rely on bitcoin as their main source of income. Some businesses would also be affected sonce they also allow bitcoin as payment.
newbie
Activity: 275
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


If the government beat the bitcoin I would go from crypto, but as long as the bitcoin can still last then during that I will stick it in bitcoin, because bitcoin provides an advantage for me.
sr. member
Activity: 672
Merit: 251
Actually there are a lot of problems existing in our community. Such as drugs, crime robbery and many more. There were a lot. I think those primarily problems should be solved by them before they go to another agenda which is this bitcoin. But if they won over bitcoin, they can't just make it gone by seconds. On drugs, did they won on major parts yes, but did drug cartel stops? No.
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