Topic: Will the governments ban all privacy cryptocurrencies ? - page 11. (Read 2500 times)
They shouldnt be doing this because cryptocurrencies are created to have a total anonymity its the freedom of cryptocurrencies and we shouldnt be allowing these people or government to take that away because that is the main reason why bitcoin is created to remove the centralization and to have transact anonymously.
Thet shouldnt because we are decentralized community and no one can dictate our market ,especially the use of these privacy coins how the heck thats going to happen? if they wanted to ban privacy coins they should banned the whol cryptocurrencies ! that is absurd action from the governent if they are really going to do that .
I'm considering to buy and hold some privacy coins for long term. I read some articles and they said governments are taking harsh stances on privacy coins. Do you think they will ban all privacy cryptocurrencies by prohibiting exchanges to list those coins?
Good question. Right now it still hasn't attracted that much attention from the government because they are busy attacking bitcoin but I'm sure that it is already in their radar. But I'm sure that when privacy coins grow exponentially in the next 5 years, I'm sure that the government will target it because we all know what privacy coins is, to hide everything from the prying eyes of everyone including governments.
So I wouldn't be surprise will go after Monero or Zcash or any other privacy coins in the future. I don't know what steps they gonna take, but I'm sure it's more harsher than bitcoin, probably a ban, but I don't know if they can go as further as prohibiting exchanges. Its a free market, they might as well close those exchanges instead of prohibition, and it will be difficult for them to make them comply specially DEX.
Cryptocurrencies are decentralized currency what the heck ? why would they banned or restrict these privacy coins are they insane? we are a decentralized community which they arent involved with,if theses restrictions will happen surely next move would be banning all the cryptocurrencies all over the world which might be the reason why our market is going to collapse.
Banning them will be difficult. Most likely, on all stock exchanges that would submit to regulation, they will be banned. And there will be a problem with cashing such currencies
At the moment I am more than convinced that the government can not control this flow. After all, they can not physically destroy the servers, because the system is decentralized, they can not track money, since most coins guarantee anonymity. Well, finally, nobody can manipulate us
That sounds impossible since crypto currency is all about decentralization. We can't blame the government why they are keeping their eyes with privacy coins since it was being used by syndicates and big time personality to hide their wealth. Just like bitcoin and ICO, it will not be banned, they will just regulate it. Lets see what is going to happen with those privacy coins. You might also do your own research before investing to those privacy coins.
There are many articles talking about banning privacy cryptocurrencies. I think it will not happen, is going to be next to impossible and cuts the nation off from the benefits of decentralization. The better option for government is to embrace cryptocurrencies. The mass adoption will come soon.
These privacy coins are the reason why i have joined cryptocurrencies because i believed tht privacy is needed when we are transacting online,i do believed that these coins shouldnt be restricted or banned because it is the arms and legs of cryptocurrencies without these people wont have any freedom to transact anonymously!
Lets hope not because if they did banned these privacy coins,its morelikely we wont have a total anonimity anymore because they are starting to regulate our market and its unaacceptable because we are a decentralized community and no one should be doing shit regulations to any of our activities especially these altcoins.
It is not safe to keep your coins on stock exchanges. About the ban. For a short period the crypto industry has grown tenfold. They can not forbid, they are only trying to limit further growth.
It is a facepalm to our community because the government will surely going to ban these privacy coins because most of the illegal things are being bough uing these coins,if we allow this to happen we are just going to kiss the government's asses so we shouldnt be allowing it to happen privacy coins shoud be private and cryptocurrencies shouldnt be regulated!
everything is possible my friend,
but, if the gov want, they will ban all cryptocurrency without exceptions
and remember cryptocurrency is focused on privacy
so, i still believe with privacy coins
Hm. It was so in start of crypto. As we can see almost all of Exchanges and ICOs want a KYC procedure now. That mean no more anonymity.but, if the gov want, they will ban all cryptocurrency without exceptions
and remember cryptocurrency is focused on privacy
so, i still believe with privacy coins
You have to do KYC even for a few penny Bounty reward .
They wont because if they did this to us its like we are giving up to the cryptocurrencies,doesnt want to go back to fiat that is why i wont be supporting these regulations! Our community should take some furthr step because these restrictions might be the reason why our whole market will collapse because we cant do anything about these countries are going to ban cryptocurrencies.
everything is possible my friend,
but, if the gov want, they will ban all cryptocurrency without exceptions
and remember cryptocurrency is focused on privacy
so, i still believe with privacy coins
but, if the gov want, they will ban all cryptocurrency without exceptions
and remember cryptocurrency is focused on privacy
so, i still believe with privacy coins
You can bet your ass that the government's view about btc is a lot more positive than about something like monero.
everything is possible my friend,
but, if the gov want, they will ban all cryptocurrency without exceptions
and remember cryptocurrency is focused on privacy
so, i still believe with privacy coins
but, if the gov want, they will ban all cryptocurrency without exceptions
and remember cryptocurrency is focused on privacy
so, i still believe with privacy coins
You can bet your ass that the government's view about btc is a lot more positive than about something like monero.
I hope not because if that happens all of the cryptocurrencies might come to its very end,its a clearly regulations that they are trying to do if the community will allow this we are going back to where we started,another centralization from the governent so it is better to stick with what we have now,hope that these countries will allow cryptocurrencies.
I'm considering to buy and hold some privacy coins for long term. I read some articles and they said governments are taking harsh stances on privacy coins. Do you think they will ban all privacy cryptocurrencies by prohibiting exchanges to list those coins?
good question!
but i have other vision- totally Market have consolidate at this time and will be pumped in the future 1-3 years
in real worldmarket i cant understand how the world goverments can stop private payments
everything is possible my friend,
but, if the gov want, they will ban all cryptocurrency without exceptions
and remember cryptocurrency is focused on privacy
so, i still believe with privacy coins
but, if the gov want, they will ban all cryptocurrency without exceptions
and remember cryptocurrency is focused on privacy
so, i still believe with privacy coins
I'm considering to buy and hold some privacy coins for long term. I read some articles and they said governments are taking harsh stances on privacy coins. Do you think they will ban all privacy cryptocurrencies by prohibiting exchanges to list those coins?
No, for this reason, states have no right to prohibit operations with crypto-currency with a high degree of confidentiality. In the constitution of the state of the states, all citizens have the right to privacy and confidentiality. For this reason, states will not be able to prohibit crypto currency with a high degree of confidentiality. However, confidentiality should not be confused with anonymity. The anonymity of the state can be reduced or removed altogether, as anonymity hinders the collection of taxes and fighting crime.Don't quote me on this, but I suspect the constitutional privacy thing is more geared toward your personal effects which seems likely it wouldn't apply to decentralized ledgers not under your control
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