i think this world runs by money matters, besides bitcoin industry makes many people earn out of it, although central banks are against the regulation of bitcoin, it is still making its way to blck or ban usage of bitcoin, but bitcoin still now continue to grow and develop.
the conclusion is that bitcoin has a good impact on all users, bitcoin can provide many benefits even though there are some risks that must be dealt with correctly. many people feel happiness after joining bitcoin so that it will attract more people who will join bitcoin and this will have a good impact on the price of bitcoin where more and more demand will increase the value of bitcoin.
Topic: Why is Bitcoin allowed to continue? - page 9. (Read 2370 times)
And how do you want central bank stopping us to use Bitcoin? Who are they to give use us directives?
bitcoin is a stand-alone currency that is not dependent on one country and cannot be managed by anyone, so bitcoin cannot be stopped we are increasingly seeing the phenomenon of society in trading, especially online trading, where payment systems use bitcoin, so how can stop if the community starts to use it comfortably ..
bitcoin can make many men, indefinded earn. and can make life develop. can help economic in the country. so some government don't illegal bitcoin. central bank also dont affect with bitcoin. so many people loved and faithfully bitcoin. bitcoin is a digital currency in the world. hoped that future it will be more stronger and stable. so hoped that Bitcoin allowed to continue. thanks
And how do you want central bank stopping us to use Bitcoin? Who are they to give use us directives?
Lol your so rude in questioning 😂😂😂But you are right mate,theres no one can dictate us what to use,specially cryptocurrencies and most specially bitcoin
We will use this whenever we want and we need,so stop bullying around since this community is been here for more than 10 years now.
Obviously, it's not for nothing that you can not point out the specific person behind the bitcoin. Until now, no one knows who Satoshi is, and therefore there is no specific person to whom central banks, governments or the mafia could influence. The prohibition of bitcoin will not be able to stop the development of crypto currency.
it's actually simple, as long as there is demand and there are buying and selling activities, of course bitcoin will never be stopped by anyone and any country, that's the principle of trading as long as needed and many people are involved, bitcoin will be stronger and I feel demand bitcoin will never die because the world is experiencing evolution in terms of currencies,
i think this world runs by money matters, besides bitcoin industry makes many people earn out of it, although central banks are against the regulation of bitcoin, it is still making its way to blck or ban usage of bitcoin, but bitcoin still now continue to grow and develop.
I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance.
Central bankers aren't "allowing" Bitcoin, Bitcoin is permissionless
in the future, maybe central bankers and government can allow bitcoin and maybe they will makes bitcoin legally and can be used by all people in the world,
They can't allow it like they can't forbid it. Nobody can forbid bitcoin, really.
Govt can make laws that punishes the use of crypto, but that is a totalitarian regime.
I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance.
Central bankers aren't "allowing" Bitcoin, Bitcoin is permissionless
in the future, maybe central bankers and government can allow bitcoin and maybe they will makes bitcoin legally and can be used by all people in the world,
I still believe that the use of bitcoin is much more profitable than the banking system. And I think that many rulers understand this, though they do not want to admit it. And bitcoin has already become too popular, so it's not easy to get rid of it.
I agree with you, crypto is more profitable than banks that use a centralized system, I think banks only make consumers experience a lot of losses.monthly administration, bad security, and every service that doesn't make us satisfied.
and bitcoin came to be the solution to all that problems.
Most likely, bitcoin has already been tried to influence to find its creators or somehow break and take control of this technology. But it was created in this way to circumvent all these prohibitions, being also very safe. Therefore, most likely, bitcoin can not be reached yet.
Bitcoin is really decentralized and it dosed depend on every government it has really an own path. Thatvis why even if it is already banned on some other country it is still alive on other country. It is really allowed because government can controlled it at all. It is really an amazing coin that has really an amazing features. I believe that bitcoin will soon rise.Thats true, and no none controls this bitcoin. Some countries may banned it but bitcoin will continue as long as there are many people like us who support it as an alternative to fiat in transacting online. We already witnessed how bitcoin is useful with its valuable features, it is us who is benefiting from this that drives its adoption.
Most likely, bitcoin has already been tried to influence to find its creators or somehow break and take control of this technology. But it was created in this way to circumvent all these prohibitions, being also very safe. Therefore, most likely, bitcoin can not be reached yet.
Bitcoin is really decentralized and it dosed depend on every government it has really an own path. Thatvis why even if it is already banned on some other country it is still alive on other country. It is really allowed because government can controlled it at all. It is really an amazing coin that has really an amazing features. I believe that bitcoin will soon rise.
I think they are private sector which goverment can't stop. It could be the reason also the number of investors and people who uses and joined bitcoin.
Most likely, bitcoin has already been tried to influence to find its creators or somehow break and take control of this technology. But it was created in this way to circumvent all these prohibitions, being also very safe. Therefore, most likely, bitcoin can not be reached yet.
Bitcoin is really decentralized and it dosed depend on every government it has really an own path. Thatvis why even if it is already banned on some other country it is still alive on other country. It is really allowed because government can controlled it at all. It is really an amazing coin that has really an amazing features. I believe that bitcoin will soon rise.
Most likely, bitcoin has already been tried to influence to find its creators or somehow break and take control of this technology. But it was created in this way to circumvent all these prohibitions, being also very safe. Therefore, most likely, bitcoin can not be reached yet.
Bitcoin was created to minimize the influence of the authorities and state banks. And it is difficult to influence it, because no one knows who created and develops it. Therefore, bitcoin still lives and continues to conquer the world.
i dont see the point how bitcoin and other assets on blockchain create wealth and stimulate economy to grow.In traditional way people investing money in shares bonds or stocks which creates wealth.Funds are used for expand companies create jobs invent new tech and etc. Lets say people been investing in samsung apple microsoft amazon and etc ,these giants created thousands jobs ,amazing technologies and investors happy they became richer and people happy having such amazing achievements.But bitcoin has done fk all ,nerds and insiders became rich and some lucky ones
Central bank giving no resistance? Who are they going to resist 
? There is no central authority in bitcoin, thus there is no way the bank will be able to stop bitcoin. There is no way they can stop everyone from using bitcoin. The case would have been different if bitcoin was centralized. The government could have taken down those central authority and stop the usage. Fortunately, that is not the case. Do you think the government was or will be able to stop torrenting? If they can stop torrenting, there are chances that they will be able to stop usage of crypto currencies.
? There is no central authority in bitcoin, thus there is no way the bank will be able to stop bitcoin. There is no way they can stop everyone from using bitcoin. The case would have been different if bitcoin was centralized. The government could have taken down those central authority and stop the usage. Fortunately, that is not the case. Do you think the government was or will be able to stop torrenting? If they can stop torrenting, there are chances that they will be able to stop usage of crypto currencies. The banks don't really care about what is happening in the world of cryptocurrency in the current time. Bitcoin transactions can easily be monitored or tracked with ease. There is transparency in the world of crypto this is the main reason why people should join the amazing world of crypto.
I agree that. Banks don't care much about bitcoin. The only reason is they have no control on what is happening. So, they ignore it. And even if some governments and banks try to play a role in cryptocurrencies, they can only create a new centralized one. They won't be able to control bitcoin.
Bitcoin continued existence is driven by these 2 major forces,
1. The community
2. Miners
The second point is very vital in the existence of bitcoin because without miners, no one can make a transaction on the bitcoin blockchain. The first point comes into play when there are miners alright but people do not like the coin itself so not using causing less demand. Bitcoin successfully exists bacause it has all these favoring it.
1. The community
2. Miners
The second point is very vital in the existence of bitcoin because without miners, no one can make a transaction on the bitcoin blockchain. The first point comes into play when there are miners alright but people do not like the coin itself so not using causing less demand. Bitcoin successfully exists bacause it has all these favoring it.
There are many countries in the world that are still banned, but they are allowed to operate because of their great contribution to society and because of its decentralized nature, no one has the power to decide. Its existence so it always works and grows
Bitcoin always developed plot from which starting till the end of the day that are the special and different kind of achievement from different to the other currency that's why I like other people also like investing in cryptocurrency field
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