Topic: WHAT IF the GOVERNMENT wins over BITCOIN? - page 32. (Read 2549 times)
Bitcoin was decentralized and I have a strong belief that government cannot win over bitcoin.It was for freedom cryptocurrency was made and everyone of us dont want to regulate by anybody else.There is no problem if they regulate crypto as long as they give security on it to avoid hackers or scammers but there is also disadvantage that we dont want to do by them.If bitcoin will go to good authority it must be good for us.
I don't know why people think that governments all over the world are in some kind of war against Bitcoin.
Some are not very friendly towards it, that is true, but all this conspiracy theories agains Bitcoin are exaggerated.
The efforts to regulate Bitcoin don't necessary have to be wrong for Bitcoin and aimed against it. This could help Bitcoin in wider acceptance especialy in business world and bring more confidence.
Some are not very friendly towards it, that is true, but all this conspiracy theories agains Bitcoin are exaggerated.
The efforts to regulate Bitcoin don't necessary have to be wrong for Bitcoin and aimed against it. This could help Bitcoin in wider acceptance especialy in business world and bring more confidence.
I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue.
it is understandable to be worried about what the government is going to do about bitcoin and what kind of regulations they are going to put in place, but at the same time i believe that it doesn't have to be against the "freedom" either. regulations can be good too, they can help the growth, they can prevent a lot of crimes and besides we are living in a world of regulations already. it is not such a bad thing to have it for bitcoin too as long as they are not ridiculous ones.
I do agree with you. I am open to regulations, and if that happens, I'm still an investor and a trader. What really bothers me is when the government set higher taxes to the exchange companies and that will affects us. My so-called "freedom" (
) will surely have limitation after that. I appreciate your reply, it is an eye opener to me and to everyone.
I am not against the regulations of the government if certain fair treatment was set for cryptocurrencies and they are not hugging all of the profit for themselves, And they are only doing this because they are really preventing the crimes that keeps getting involve with the Crypto world, And keeps on using it as an illegal transaction for their crimes, I should say if there are a fair regulations towards this then I would gladly accept it.
I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue.
it is understandable to be worried about what the government is going to do about bitcoin and what kind of regulations they are going to put in place, but at the same time i believe that it doesn't have to be against the "freedom" either. regulations can be good too, they can help the growth, they can prevent a lot of crimes and besides we are living in a world of regulations already. it is not such a bad thing to have it for bitcoin too as long as they are not ridiculous ones.
I do agree with you. I am open to regulations, and if that happens, I'm still an investor and a trader. What really bothers me is when the government set higher taxes to the exchange companies and that will affects us. My so-called "freedom" (
) will surely have limitation after that. I appreciate your reply, it is an eye opener to me and to everyone.
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?
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?
It's okay to be regulated than ban. Government have all the rights to regulate the flow of currency in their territory to preserve the economy for the benefit of it's citizen.
Besides, the regulation that I read mostly in news are the mode of payment (tax, etc) but the system it self still the same.
If SEC halted several ICOs it will give favor for the existing coins/tokens. The price will hike.
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?
i think government is not against crypto, what they after is how to collect taxes and assurance that is really use in a good purpose, so there is no war or any competition on both parties, hopefully a soon as possible they will unite and meet with one objective for the benefits of everybody. 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?
Yes, that is the point. The government wants to have power to regulate cryptocurrencies. I know that Bitcoin is not linked to any territory or financial institution. So it will be impossible for the government to take control over Bitcoin. But their action might involve too many policies and taxes. And other strategy they might think.
Bitcoin has won the battle with banks and governments from the moment the network went live. You not needing any central authority's permission to move and store value is the biggest victory for freedom in the recent history.
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.
Only the main paranoid governments think they can beat Bitcoin by enforcing all kinds of ridiculous policies and harsh penalties, but it's nothing more than a futile attempt to stop something that can't be stopped at all.
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.
Only the main paranoid governments think they can beat Bitcoin by enforcing all kinds of ridiculous policies and harsh penalties, but it's nothing more than a futile attempt to stop something that can't be stopped at all.
Quote
GOVERNMENT
Now we have weekest GOVERNMENT, after 73 years if peace. 
I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue.
it is understandable to be worried about what the government is going to do about bitcoin and what kind of regulations they are going to put in place, but at the same time i believe that it doesn't have to be against the "freedom" either. regulations can be good too, they can help the growth, they can prevent a lot of crimes and besides we are living in a world of regulations already. it is not such a bad thing to have it for bitcoin too as long as they are not ridiculous ones.
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?
i think government is not against crypto, what they after is how to collect taxes and assurance that is really use in a good purpose, so there is no war or any competition on both parties, hopefully a soon as possible they will unite and meet with one objective for the benefits of everybody. 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?
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.
i don't think it will happen...maybe they can controll some network but not all...bitcoiner will find ways so as not to be controlled because,in my own opinion there will be a big drop of the value if ever it will happen
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.
To invest in properties is always a great idea. A safe investment that doesn't lose price within time, the fiat's opposite.
And better than this would be to find someone selling properties for Bitcoins. It would be much easier to finish the deal, with maybe some discount, as BTC increases its price on long term and the seller could take this in consideration... However, I don't know if it would cause trouble with the government.
Once you have your property you are safe from government's mistakes regarding fiat (as your money isn't in fiat anymore) and in a hypothetical scenario, even regarding Crypto-Currency...
Just like you feel, I also experienced the same thing when there are already some large-volume countries in the world crypto forbid the use of crypto. And what you convey is a good idea, I also little by little put aside my income to invest with physical properties. Because as you say, no one knows what will happen in the future. We expect the best, for others also do not ignore about what our friends say above. We can earn only from the world of crypto, but do not get too fixated, we still have a real world that we must live. 
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"
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.
Government can't win over bitcoin until people using it,we have to use crypto as crypto so there is no taxes for that and no need to worry about it.
Recently Germany announced there is no tax if you use crypto for buying goods which memas many governments understand about bitcoin and getting ready for the future ear of bitcoin.
Recently Germany announced there is no tax if you use crypto for buying goods which memas many governments understand about bitcoin and getting ready for the future ear of bitcoin.
You should always try to reach a point where you get a return on your investment. If the experiment fail or if governments
find a way to stop it, then you have nothing to lose. You would then be playing with profits made on your investment. I am
lucky that I already reached that point last year. Fortunately for us, Bitcoin is a decentralized network and it is very difficult
to take it down.
find a way to stop it, then you have nothing to lose. You would then be playing with profits made on your investment. I am
lucky that I already reached that point last year. Fortunately for us, Bitcoin is a decentralized network and it is very difficult
to take it down.
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.
There is no doubt about that and government will continue to increase their control on the cryptocurrencies by implementing the regulations.
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).
Government can not have total control on the cryptos so there is nothing to worry.
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.
Obviously, its always advisable to invest into the diverse portfolio. Its very risky to put all the money into the single asset.
If worst case scenario governments can ban Bitcoin to Fiat and vice-versa transactions, so in that case we won't be able to cash out Bitcoins or purchase Bitcoins with fiat currency. However, even in that case, one can always send his Bitcoin funds in the country where it is legal and sell it online then receiving payment in the form of fiat currency earned outside the country. Such action will definitely create legal complications so it is not a good idea to ban Bitcoin transactions in my honest opinion.
Jump to: