When all change... | Bitcointalksearch.org

pinky

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Quote from: Lanacoco on February 15, 2018, 11:54:03 AM

Bitcoin or Altcoins has brought to the world a new technology, modern services, low transaction cost...
And more than that, all trading accounts are anonymous.
So the problem if all the cryptocurrency is managed by the government. All accounts must be identified as traditional accounts.
Is Bitcoin or Altcoins still high price? Do people still view cryptocurrency as a phenomenon or an idol?
Do you still want to hold them?

New innovations can bring a lot of features regarding current tecnological&financial system but problems dont let us to improve whole system.Governments wanna to control all this anonymous challenges no matter how they gonna o achieve this for future. Everyone is looking for profit but few people want to use this innovation for future of next generation.

Alert31

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There is no single authority that control bitcoin because it is decentralized in system. If government regulate bitcoin maybe there is a little changes in every transaction,you need to pay taxes but it is not easy to implement. Still i believe bitcoin will continue its popularity as long as there is a community that support bitcoin in crypto world.

keping1

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hire me Bitcoin or altcoins will remain high in price depending on supply and damage. crypto will remain a phenomenon as well as an idol for its users and I will definitely keep the bitcoin and altcoins

lucas_lewit

full member

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With government recognition, will definitely make bitcoin stronger. I got questions like this from people around me "whether bitcoin will continue to be popular", and I answer it if we do not know when bitcoin enthusiasts will decrease. Because until now the government in my country still has not acknowledged bitcoin.

Julunguul

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Activity: 473

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Quote from: Lanacoco on February 15, 2018, 11:54:03 AM

Bitcoin or Altcoins has brought to the world a new technology, modern services, low transaction cost...
And more than that, all trading accounts are anonymous.
So the problem if all the cryptocurrency is managed by the government. All accounts must be identified as traditional accounts.
Is Bitcoin or Altcoins still high price? Do people still view cryptocurrency as a phenomenon or an idol?
Do you still want to hold them?

Then bitcoin wouldnt be going to reach new ath anymore, and bitcoin is no more decentralized crytocurrency. Thats why i think its impossible that bitcoin will be under control of the government.
The world community is the strongest one

asdalani

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Quote from: Gabb on February 15, 2018, 07:12:41 PM

No, mate, I think you're a bit confused. It is impossible for the government to keep a reliable record of who is using cryptocurrencies, since the essence of this ecosystem is precisely decentralization, that is, the non-dependence of a central agency (such as a government or a central bank), for which we can all continue to use them with a high degree of anonymity. Maybe you are confused because of the recent regulations that impose on the exchanges the need of identify thier customers and users.

The locations can be traced but nobody can pin point who made the transaction except for that one person.

Gabb

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No, mate, I think you're a bit confused. It is impossible for the government to keep a reliable record of who is using cryptocurrencies, since the essence of this ecosystem is precisely decentralization, that is, the non-dependence of a central agency (such as a government or a central bank), for which we can all continue to use them with a high degree of anonymity. Maybe you are confused because of the recent regulations that impose on the exchanges the need of identify thier customers and users.

Biscutard

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Quote from: Lanacoco on February 15, 2018, 11:54:03 AM

Bitcoin or Altcoins has brought to the world a new technology, modern services, low transaction cost...
And more than that, all trading accounts are anonymous.
So the problem if all the cryptocurrency is managed by the government. All accounts must be identified as traditional accounts.
Is Bitcoin or Altcoins still high price? Do people still view cryptocurrency as a phenomenon or an idol?
Do you still want to hold them?

No one could ever managed and control the cryptocurrency except for themselves and the blockchain. Government won't do anything about it but rather find another way to control someone who owns a cryptocurrency and that one my friend is not a good idea but thanks to mixer out there who can mixed up your addresses to another to hide your real crypto address you are still safe.

Thirdspace

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Quote from: Lanacoco on February 15, 2018, 11:54:03 AM

And more than that, all trading accounts are anonymous.
So the problem if all the cryptocurrency is managed by the government. All accounts must be identified as traditional accounts.
Is Bitcoin or Altcoins still high price? Do people still view cryptocurrency as a phenomenon or an idol?

when cryptocurrency is managed by the government (centralized!) and crypto addresses identified as traditional accounts
I won't call it cryptocurrency anymore! I would call it simply Digital Currency

carter34

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Quote from: manismanja on February 15, 2018, 12:08:01 PM

the government will not be able to ban or control the circulation of bitcoin and altcoin and if there is any information about those who prohibit the circulation of altcoin bitcoin I will not sell I will always always buy and always buy because I believe the digital currency is the money of the future.

So you want to be like king Solomon in the bible. In your own case the wisest crypto accumulator Grin

But surely you will have to sell at a point even if you start gathering now. For instance, the early adopters sold at a particular time, I think thats a point about holding.

mrsandhu0

newbie

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Crypto currency will not be managed by any government. It is almost impossible for government to manages full control over all crypto currencies. Huh

Albert211994

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Cryptocurrency will not be managed by any government. They can either ban it or regulate the exchanges but they cannot control the cryptocurrency or blockchain itself. I will continue using it because it is the future.

maimainguyen05

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Why not? I think it'll keep working to earn cryptocurrency cause I still can earn money with cryptocurrency but it'll be less than before cause when the government can be able to control cryptocurrency, we will have to pay taxes for our cryptocurrency income. But I think it'll not affect to much cause when we lost this one we will get another better thing. When the government can be able to manage cryptocurrency we can use cryptocurrency as a local currency for everything we want

papasmurph

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Activity: 503

Merit: 250

Quote from: Lanacoco on February 15, 2018, 11:54:03 AM

Bitcoin or Altcoins has brought to the world a new technology, modern services, low transaction cost...
And more than that, all trading accounts are anonymous.
So the problem if all the cryptocurrency is managed by the government. All accounts must be identified as traditional accounts.
Is Bitcoin or Altcoins still high price? Do people still view cryptocurrency as a phenomenon or an idol?
Do you still want to hold them?

In my view, it will be very difficult and almost impossible for governments to manage full control over all crypto currencies.

monalia

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Quote from: erickkyut on February 15, 2018, 11:59:18 AM

There is no way that the government will manage the crypto currencies. Decentralization is one of the main characteristics of crypto currencies and we wouldn't want the government to control it. If that will happen, it might become taxable and you cannot use it anonymously.

The future all the governments are legalize in cryptocurrency because already India approved in Laxmi coin. It will launch in March 1st so some changes are happening in future. But decentralised cryptocurrency is make huge profit and centralised cryptocurrency make little profit but both are taxable in future it is confirmed.

budi691

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Quote from: erickkyut on February 15, 2018, 11:59:18 AM

There is no way that the government will manage the crypto currencies. Decentralization is one of the main characteristics of crypto currencies and we wouldn't want the government to control it. If that will happen, it might become taxable and you cannot use it anonymously.

yes, maybe agree for now is not possible. I had time to think if the government is able to unite and make clear rules, cryptocurrency in every country can be realized and real.

Shaycoe

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I think goverment can't control BTc or any antcoin
Because It's decentralization

SUDARMONO

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Although the government is doing such a thing I'm sure bitcoin will still be high and I will still hold bitcoin for higher prices, bitcoin the future of the world.

dothebeats

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For the most part, I don't think the governments would be able to have sufficient control over crypto for them to impose such strict rules, but then again nobody knows. If bitcoin goes to be so popular that a lot of people utilize it for their everyday expenses, even with the government's intervention, it would still be big due to the fact that demand is still there and the fact that the government offers a layer of protection through crypto accounts being linked on certain people's identity will bring down the doubts inexperienced people might have when starting to invest.

I never support all-out regulation of crypto, but if it's one way for bitcoin to progress, then I'd take it as a compromise.

1Referee

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Quote from: erickkyut on February 15, 2018, 11:59:18 AM

There is no way that the government will manage the crypto currencies. Decentralization is one of the main characteristics of crypto currencies and we wouldn't want the government to control it. If that will happen, it might become taxable and you cannot use it anonymously.

Governments have only influence over that what is centralized (eg, exchanges, wallet services, casinos, etc), and thus can force whatever service to abide by their rules if it's operating within their 'borders'. I must however point out that with or without regulations, your crypto holdings and profits are always taxable. If you want to use crypto "anonymously", then make sure you stay away from centralized services at all cost. In reality, only a very few will be able to firmly keep avoiding centralized services. It takes away a large portion of the convenience and usability centralized services offer you. It might even feel like you are isolating yourself a bit, but if that's what you choose for, then you will accept it. I can definitely understand it.

Topic: When all change... (Read 212 times)