Topic: WHAT IF the GOVERNMENT wins over BITCOIN? - page 9. (Read 2594 times)
I do not think this will be very influential, the number of bitcoin users spread in different countries so that if the government wins the majority of users will not be affected.
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?
The government will not win over bitcoin. That’s it. Bitcoin is not for the government and they are both different. I hope that laws tha will be passed regarding bitcoin will ve fair.
Government will win and release their coin, I think.
In this problem, there are a lot of nuances and questions .. if it wins, the price will drop unambiguously and investors will lose ... if not, I think the price will fall anyway. In this situation, small subtexts and the desire for cooperation are being decided.
We all know that bitcoin receives the influence of policy regulation, and there are many such voices in the past year. I don't think that a country's government is better than bitcoin. Bitcoin is hard to cut off in the world's network circulation. If you are only a bitcoin holder, you don't have to worry about it, the biggest impact of the policy is the encrypted currency exchange.
Something that is very difficult to explain because Bitcoin is virtual money that can not be set by a manager.
Bitcoin do not have any manager or a group that controls it. Bitcoin is a digital currency that is used by the people to experience the financial freedom, with the Government controlling it or taking over to it, I guess a lot of people will be really disappointed and will be leaving Bitcoin as decentralization was stripped out of it.
I believe the world is now enlightened and should see things clearly. I don't think Government can prevail over this innovation because the advantages supercedes the disadvantages. Even the governments that have successfully banned the Cryptocurrency from their countries will soon have a rethink!
People always have a strong desire to make maximise profits of everything. Consider this question as the conscious manipulation over crowd behaviour. If government regulators decrease hype over cryptocurrencies and even prohibit buying and selling it everywhere, then the value of crypto may be significantly dropped because nobody can use it in a fast and easy way. When the right moment comes, institutional players will unexpectedly allow crypto trading and buy crypto assets all over the world. Of course, I have provided an oversimplified example, and in the real world, it is going to be done in a more sophisticated way. Though, if even governments succeeded in winning over cryptocurrencies, it is just a matter of who will buy underpriced crypto assets.
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.
Government simply will not be able to stop bitcoin just like Internet or electricity. Rulers just need need more time to accept it and thereby improve the lives of many people.
For me government won't win over bitcoin. Maybe they will add more taxes on the process of converting bitcoin to fiat but they can't replace it or totally ban it. If possible bitcoin ban in our country I will still earn and work bitcoin where the country legalized it.
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?
I think if government wins over bitcoin, bitcoin will gone because we all k ow that government hates bitcoin or treat it like a scam or gambling site. Government wins over bitcoin when bitcoin have a tax because we all know that the purpose of government is that.
they can not stem the crypto waves, this is part of the changes and technological developments
all they have to do is monitoring, filtering, and make regulations
they can not stop this waves
all they have to do is monitoring, filtering, and make regulations
they can not stop this waves
The Nobel prize-winning economist Robert Shiller has said bitcoin will not be a “permanent feature” of the financial world, as politicians indicated that a clampdown on cryptocurrencies was coming.
Speaking at the World Economic Forum in Davos on Thursday, Shiller hailed bitcoin as a “really clever idea”. But although he was impressed with the technology behind it, he was concerned that it had “gone viral as a currency”.
“I tend to think of bitcoin as an experiment. It is an interesting experiment, but it’s not a permanent feature of our lives,” said Shiller, who has previously warned that the bitcoin price could collapse. “We are over-emphasising bitcoin, we should expand it out to blockchain, which will have other applications.”
Speaking at the World Economic Forum in Davos on Thursday, Shiller hailed bitcoin as a “really clever idea”. But although he was impressed with the technology behind it, he was concerned that it had “gone viral as a currency”.
“I tend to think of bitcoin as an experiment. It is an interesting experiment, but it’s not a permanent feature of our lives,” said Shiller, who has previously warned that the bitcoin price could collapse. “We are over-emphasising bitcoin, we should expand it out to blockchain, which will have other applications.”
Quote
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.
In your advice, i can only sense the spread of FUD. It seems you want people to divert their investment attention more to physical properties than in Bitcoin or any other cryptocurrency because you think governments will win. The fact is, as much as there are some governments no supporting bitcoins, there are also some governments in support of bitcoin. Bitcoin is a revolutionary movement and for people to understand its concept fully and embrace it will take some time. It is always good to invest in bitcoin. 
This is true. In 2018 we can await a lot of new laws in a lot of country for cryptocurrencies. Im sure the regulation will start and hit us very hard. So just be prepared. There will be some gouverments who will start a real war against cryptocurrencies and will bann and forbidd them. But even when this happend, i dont think that any gouverment could win a fight against the cryptocurrency community. Because the most people are true believer and would not let them to hard rules and laws.
If the government can ban Bitcoin for Fiat transactions and vice versa, so in this case we will not be able to dilute Bitcoin or buy Bitcoin with fiat currency. However, even in that case, one can always send his Bitcoin funds in a legal state and sell them online, then receive payment in the form of fiat currency earned abroad.
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?
I totally understand you, mate. But there is really nothing to think bad about. If the governments win over Bitcoin then Bitcoin will get banned in these governments' countries. If that happens, Bitcoin will not anymore be accepted by the government. But that is all there is of it. It does not mean that Bitcoin is already dead in these same countries. It does not even mean that the citizens of these countries who are solid supporters of Bitcoin will go away. Bitcoin is ever present even if it takes to go underground.
We all know that bitcoin receives the influence of policy regulation, and there are many such voices in the past year. I don't think that a country's government is better than bitcoin. Bitcoin is hard to cut off in the world's network circulation. If you are only a bitcoin holder, you don't have to worry about it, the biggest impact of the policy is the encrypted currency exchange.
Something that is very difficult to explain because Bitcoin is virtual money that can not be set by a manager.
We all know that bitcoin receives the influence of policy regulation, and there are many such voices in the past year. I don't think that a country's government is better than bitcoin. Bitcoin is hard to cut off in the world's network circulation. If you are only a bitcoin holder, you don't have to worry about it, the biggest impact of the policy is the encrypted currency exchange.
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?
Government is one of the biggest factors and enemy of bitcoin. Bitcoin is still afraid of government cause anytime government can interact bitcoin transactions all over the world. If the government create a cryptocurrency i dont support it cause i know they are just like whales they will manipulate the value of that token. 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?
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