Topic: What will happen if Bitcoin gets official permission from the government...??? - page 9. (Read 2385 times)
September 12, 2018, 12:43:23 PM
It will become the best news for the bitcoin users and the investors and it will increase the value of bitcoin and also increase the acceptance of bitcoin.
September 12, 2018, 12:21:54 PM
Bitcoin is an independent Cryptocurrency that no other third party takes advantage of transactions from two sides. This is a peer to peer transaction conducted by sellers and buyers only. Cryptocurrency transactions do not need to be identified or verified by the recipient of the funds when the funds are sent, that is what makes many people choose to use bitcoin.
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
Then everyone can enjoy the benefits without any hesitation and illegal works will also increase if the transactions couldn't be traced...So everything has a good side and bad side also...Good people uses good side...Rest are evil.
September 12, 2018, 11:29:13 AM
Bitcoin cannot be controlled by government because it is an independent cryptocurrency. Govt.can't controlled it because it is a peer to peer network transaction. If the government interfere with it it can provide convenience to bitcoin users.
September 12, 2018, 10:43:15 AM
If the allowed for the Bitcoin are allowed to save the width of the world, the help to allow the amount of their they like the legal law.
September 12, 2018, 10:32:00 AM
In fact, millions of investors choose Bitcoin because it tends to be the best investment and income opportunity. Now anyone can become a trader and manage trades at home or anywhere. Improvements in information technology have enabled Bitcoin to grow a thousandfold faster in the past decade.
September 12, 2018, 10:24:21 AM
Bitcoin is an independent Cryptocurrency that no other third party takes advantage of transactions from two sides. This is a peer to peer transaction conducted by sellers and buyers only. Cryptocurrency transactions do not need to be identified or verified by the recipient of the funds when the funds are sent, that is what makes many people choose to use bitcoin.
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
Well, the government always wants to manage everything. If Bitcoin gets official permission from the government, all exchanges will be regulated by the government. But they cannot mix in managing transactions for each user, I think the government just wants to take tax benefits from all forms of Bitcoin activities.
September 12, 2018, 10:07:43 AM
If Bitcoin gets official permission from the government it will have an impact on increasing adoption of Bitcoin in the region, because the shop / shopping place will implement a payment system using Bitcoin. this is very positive for the growth of Bitcoin prices because government is the key to the movement of Bitcoin in a country.
September 12, 2018, 10:02:55 AM
I think it is difficult if the government interferes with transactions and manages transactions because this is not the same as fiat money that is owned by each country and things that become a privilege of bitcoin will no longer exist, I think it is good if the government accepts bitcoin and regulates it according to state regulations but not with pure P2P transactions
September 12, 2018, 09:46:22 AM
Bitcoin is an independent Cryptocurrency that no other third party takes advantage of transactions from two sides. This is a peer to peer transaction conducted by sellers and buyers only. Cryptocurrency transactions do not need to be identified or verified by the recipient of the funds when the funds are sent, that is what makes many people choose to use bitcoin.
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
If bitcoin gets official permission to the government im sure their are more charges to be paid, and we can also have the assurance that this will not be a scam.
September 12, 2018, 09:46:13 AM
If bitcoin can get official permission from the worldwide government
I think need to accept all policies and regulations guidelines how to use bitcoin in better ways
But ofcourse it's a big help for us if bitcoin had officials permission worlwide
No need to worry about the whales manipulation to control the price of cryptocurrency
But the question here is how to control of the worldwide government the blockchain peer to peer anonymous transaction
I think need to accept all policies and regulations guidelines how to use bitcoin in better ways
But ofcourse it's a big help for us if bitcoin had officials permission worlwide
No need to worry about the whales manipulation to control the price of cryptocurrency
But the question here is how to control of the worldwide government the blockchain peer to peer anonymous transaction
September 12, 2018, 09:39:51 AM
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
Bitcoin decentralized natures won't sustain any centralized behavioral. Governments only able to regulate Bitcoin only from the outside, not within the network of Bitcoin itself. For an example, heavily stricter regulation will make the governments taxation any Bitcoin usages and others such stuff. If the government mixes in managing transactions, will they take advantage of every transaction
September 12, 2018, 09:37:13 AM
Bitcoin is an independent Cryptocurrency that no other third party takes advantage of transactions from two sides. This is a peer to peer transaction conducted by sellers and buyers only. Cryptocurrency transactions do not need to be identified or verified by the recipient of the funds when the funds are sent, that is what makes many people choose to use bitcoin.
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
This will depend on what is the policy or the rules and regulations governments will put into cryptocurrency specially our beloved bitcoin.from this we will see what is the future preference for the price movement either this will grow.or will continue drops because every governments will surely make different justice to our crypto community
September 12, 2018, 09:26:12 AM
If the government legalizes bitcoin, it will increase interest in having bitcoin, bitcoin will be able to become a currency for daily needs, and bitcoin prices will be more stable.
September 12, 2018, 09:11:04 AM
Government wont take any advantages from the transactions or any transfers that may be made after regulations are in place. To be frank, government will not even look after the transactions because it will be highly regulated by the private industries and giant mining firms and much more miscellaneous organisations.
But, government will benefit from one important thing and that is the taxes that will be taken over the crypto to fiat conversions. And yes this will be the medium for government officials to take the opportunity of ruling the crypto space.
But, government will benefit from one important thing and that is the taxes that will be taken over the crypto to fiat conversions. And yes this will be the medium for government officials to take the opportunity of ruling the crypto space.
September 12, 2018, 09:10:49 AM
I think then the price of bitcoin will fly to the moon) People will stop being afraid and start investing! And for bitcoin it will not mean anything, because it is separate from the government and its control.
September 12, 2018, 09:09:48 AM
The probable thing I believe will happen if government grant official permission to Bitcoin is that the price will skyrocket because people will no longer have to worry about regulations but I don't see it happening.
September 12, 2018, 09:07:24 AM
The governments have no reason to meddling cryptocurrency, a part of blockchain technology. It's not scam or bubble.
September 12, 2018, 08:57:43 AM
maybe bitcoin will be a legitimate payment instrument. if it can happen, of course it will have a positive effect on the price spike, there will be more adoption of bitcoin and more mining will also demand the bitcoin market will be the most valuable asset
September 12, 2018, 08:57:28 AM
I doubt that government can mixes the managing transaction in the first place government cannot manipulate or control the value and how bitcoin works. The second one was bitcoin was not connected to any government agency or bitcoin is not handle of any government officials so it means they can't mixes it and as i think bitcoin is stand alone or no one can manipulate the value.
September 12, 2018, 08:56:08 AM
If bitcoin gets a go signal from the government to do business legally, expect the price to rise high as many investors will come in this market to make money. But the government cannot control bitcoin, they can regulate but never to be under their power because this is a worldwide currency.
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