Digital cryptographic currency is an encrypted currency network which is decentralized based on blockchain technology. It is difficult for the government to control the digital encrypted currency.
The government can only regulate digital cryptography!
Topic: WHAT IF the GOVERNMENT wins over BITCOIN? - page 23. (Read 2594 times)
It is said now China is a cashless society. US dollar, Euro, UK pound, Chinese Yuan, Japanese Yen, Indian Rupee and others are digital currency when you pay at shops, bills, online shopping by credit cards or debit cards.These regulations also have a lot of advantages.
You have a wrong perception regarding this issue, regulations doesn't mean that they will going to have full control over bitcoin and other cryptocurrencies, regulation is just to tax cryptos and catch scammers/criminals on the network. According to my understanding to control decentralized cryptocurrencies is simply impossible because there is no central authority involved.
You don't need to worry about regulation if you are not doing anything illegal.
You don't need to worry about regulation if you are not doing anything illegal.
If this happens, it will be immediately clear that the state wants to control it and completely kill anonymity, and the people will not like it, will lead to very bad consequences!
It'll be a bummer. Totally useless. 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.
It's also in my mind and my friends. It's a real problem that scares some people because if the government wins Bitcoin and begins to legalize it, I am sure it will be the start of Bitcoin's fall.
I think the most likely case is the government will use the bitcoin technology instead of fighting it forever.
I think this is the biggest problem governments have with bitcoin is that the cannot control it an is why they want to discredit it as much as possible. It would be a different story if they had the lions share of it.
There is no benefit from the ban of bitcoin actually. Transactions will pass to the black market. Instead the state can impose a tax and get from it profit.
The government and the countries will never be able to stop the revolutionary technologies of blockchain, because these new technologies bring freedom, transparency and development for the society. Just some countries at first will be threatened by tight regulation of the cryptocurrency market, but then with the expiration of time they will understand that blockchain is more advanced and necessary technologies.
the government winning over bitcoin doesn't change the fact that it has come to stay.
Satans Us government does not have a problem with bitcoin. They created it.There used to be a website showing all the largest holders in btc, this is one of the reasons why I invested so much in it because it was revealed that back in 2012 the largest wallets with hundreds of thousands of coins was controlled by the US government.This means 2 things
1. the us government saw some new technology and decided to invest mass amounts of money buying it when the price was low
or
2. The us government made it and did the initial mining and this is why they have so many coins
1. the us government saw some new technology and decided to invest mass amounts of money buying it when the price was low
or
2. The us government made it and did the initial mining and this is why they have so many coins
If a single state wins against the btc it would not get anything because the transactions and the exchange would move to neighboring countries. The government would only be able to complicate the system a little. If all the states with a global agreement win united against the btc then maybe the problems could be much more serious.
If governments really want to shut down Bitcoin I think they would have no problem doing it. But my guess is that they don't really mind if Bitcoin exists. In fact, at some point they will just force people to link their identities with their wallet .
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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
They have more chances to win in this war, govt is trying to find how this Bitcoin and blockchain technology will help them in the financial system suppose if they find the answer then Bitcoin will win, but i think they will not find so obviously Govt will win this war.
According to russia and pablo escobars brother who also has a crypto company the CIA created bitcoin and they have proof.
The CIA or us government wont stop bitcoin they made it!!
The CIA or us government wont stop bitcoin they made it!!
Acceptance is better than rejections. If regulation will give Cryptocurrency a great chance to be accepted worldwide then it will be great news. We can freely do whatever we wanted to do as long as we have complied with government policy and security measures. Doubts and fears from investors who wanted to invest in crypto will now be lessened if not totally gone. Expansion of businesses, enhancement of platforms and convert it to Blockchain Technology and the introduction of new technology. The possibility also of making Bitcoin or Cryptocurrency as one of the most popular alternate modes of payment will be a breakthrough for us.
No way no government can cintrol bitcoin or crypto currency more over every country trying to adopt blockchain technology . They are in plan to release their own crypto currency . More over torrent ban happened most of the countries still it’s running everywhere.
Bitcoin regulation is a blessing in disguise ,all this might be thought negatively bt once the dust settles,the price might reach 100k in the near future
If this will happen that the government wins over BTC then maybe that winning is not about harming BTC,it is just the government will just put some regulation on it and if that is the case, that regulation will just look on what can be done for the betterment of BTC and so,time will come that there will be a safer BTC, minimizing the crimes,scams and hacking that is so rampant as of the moment,so everything will run for the goodness of BTC,nothing to worry about,Bitcoin will live forever.
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