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Topic: WHAT IF the GOVERNMENT wins over BITCOIN? - page 31. (Read 2549 times)

newbie
Activity: 38
Merit: 0
I think the most likely case is the government will use the bitcoin technology instead of fighting it forever.
in this case, the price of the bitcoin will fall, and the gov-coin will rise
jr. member
Activity: 162
Merit: 2
if the government win  and they hand over the bitcoin all bitcoin user start to  pay tax in the government and government maybe control the price of bitcoin. they always monitor the outgoing and incoming bitcoin sad to say i think the price of bitcoin is going to down if they control  crypto currency..
legendary
Activity: 2338
Merit: 1354
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. This is the main reason that governments do not want to legalize cryptocurrencies.

Agree to this. No one can stop cryptocurrency, even government. Cryptocurrencies are decentralized, no owned it. We should practice that, government should also be lesson that they should not BAN cryptocurrencies on every countries, cryptocurrencies are  really big help for everyone.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Some government has already banned bitcoin but they never could stop.people from using bitcoin.People investing many ways of earning money.VPN is a popular way of using bitcoin and avoid government rule.Government really can't stop us using bitcoin.Also if we convert it to fiat then withdraw then government won't find us anyhow.So I think it's impossible for government to wins over bitcoin.

They will freeze and seize Bitcoin when they give the "ban order"

Oh please. You know it is almost impossible to find a small piece of paper with a Private key {Paper wallet} stored in a different location, right? They can raid my house any day they want to and they will never find my hoard with all my coins.

You only need a piece of paper or a email with a scrambled message to leave your country and to take all your money with you. I have many friends and family in other countries and I already send them a email that only I can decipher as a backup plan. ^smile^
newbie
Activity: 51
Merit: 0
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.
full member
Activity: 560
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



everyone has a different perspective with you, I think if you are afraid of what you think, you should leave the crypto world.
I think upside down with you, crypto will get bigger and more famous in the future. because the digital era is currently growing rapidly. I know, maybe some governments will make rules to prevent bad things happen, like ico scams, exchanges that hurt investors and traders. yes, I think it is
jr. member
Activity: 105
Merit: 6
Get Paid to Play your Media on Current
The U.S. securities and exchange commission's massive encryption watchdog, ico, is designed to ensure that the ico project does not have a scam!

This is a good thing for the digital currency world, which requires the ico project to come up with relevant things to prove that this project is feasible and to ensure the interests of investors!
member
Activity: 336
Merit: 14
Actually, I am looking forward to the day cryptocurrency IRR (Implementing Rules and Regulations) will be released. Can’t wait to see the faces of those who still insists that bitcoin is illegal.  Cheesy
member
Activity: 406
Merit: 11
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 don't think that government will totally eradicate bitcoin in their country because it is online and you can use it in countries where it is legal. There is a big chance that bitcoin will win in this battle against some government. Government will legalize bitcoin because if the overwhelming support from it's citizens.
newbie
Activity: 168
Merit: 0
Many people wooried and afraid once government enter in cryptocurrency business, it is because of speculation bad effects that some people worries about the price value and huge demand of taxes. But some people also wants to have governments control in bitcoin for the purpose of security and total safety of all investors and workers. Because once government are there in bitcoin business the transparency implemented also, and every transactions has a transparency.
newbie
Activity: 20
Merit: 0
Not a chance. And there is a logic behind that.

It is because that If Bitcoin itself was regulated against, then users could simply trade it for another currency. Moreover, it is not linked to any territory or financial institution.
hero member
Activity: 1372
Merit: 503
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


That’s actually what I am doing, with how the world is functioning and how governments are scared to take action on cryptocurrency especially on bitcoin there really is a possibility that there might be something in the future we would have to give it up. That’s why for me I save it whenever I encash it or try to invest in ventures that I think will succeed that way I would know that O would not be dependent on the bitcoin and the cryptocurrency market and control over my life
full member
Activity: 246
Merit: 102
The government has always wanted to control the cryptocurrency because they are afraid that the development of cryptocurrencies will be out of their control and cause the country's economy to be chaotic. Of course, it is not ruled out that some governments want to create their own cryptocurrencies, so the government and cryptocurrencies The relationship is really hard to control.
newbie
Activity: 37
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


I don't think so
full member
Activity: 420
Merit: 105
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 agree with you. After earning money in the crypto world one should use that money to invest in real world properties and assets because the cryptos are fairly new technology and we don't know yet how the governments are gonna tackle it. If they ban it then it's all gone, so it's better to use some money to make some assets.
jr. member
Activity: 117
Merit: 1
This is a consequence of the principles of the work of the detachment. As mentioned above, no central figure of power can influence the price of bitcoin. Transactions require confirmation from other network members and are irreversible and transparent. All this makes bitcoin especially valuable for those who do not trust banks and traditional financial institutions. Transactions with Bitcoin pass quickly - operations that used to take several days, can now be completed in minutes.
sr. member
Activity: 532
Merit: 327
Do you think that if any of the governments wanted Bitcoin "dead" they wouldn't have done something already? They don't want Bitcoin dead tho, they just want to regulate it.
jr. member
Activity: 211
Merit: 1
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

Exactly. The money of a wise person is evenly spread out onto many fields. It is very essential to learn to invest because the government have no power over it. One cannot rely on cryptocurrencies alone and must learn to handle his/her fiat money. I think this year will no be so different from last year because bitcoin is only keeping a low profile as of now and there are no potential threats that the government really bump into. Thanks for sharing your idea among others because you let them be aware of the current situation and what to do to avoid sudden bumps.

Finally, someone has fully understood my viewpoint on this topic.  Grin And you explained it better. Thank you so much. Well. I believe that there's no war between the government and Bitcoin. I just came up with the thought that there will be changes in case the reckoning has a result. I know I exaggerate this issue, I don't intend any FUD, I just want everyone to be awake and aware with what might happen. For it's better ready than sorry.

Once again, thank you. Smiley
sr. member
Activity: 630
Merit: 251
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

Exactly. The money of a wise person is evenly spread out onto many fields. It is very essential to learn to invest because the government have no power over it. One cannot rely on cryptocurrencies alone and must learn to handle his/her fiat money. I think this year will no be so different from last year because bitcoin is only keeping a low profile as of now and there are no potential threats that the government really bump into. Thanks for sharing your idea among others because you let them be aware of the current situation and what to do to avoid sudden bumps.
jr. member
Activity: 211
Merit: 1
I learned a lot from your replies. And my worries have changed into open ideas. You're all correct in any aspects. I am hopeful that the government's objective is for security. Whatever happens, I will remain an investor.Thank you, guys.
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