Topic: Will the governments kill cryptocurrencies - page 63. (Read 7071 times)
The Govt of some countries who are not accepting cryptos yet, should make some rules to make it legal in the economy of that country. Otherwise they will be far behind the success in cryptocurrency industry.
Its true that few countries dont like cryptocurrencies and they will do whatever they want to kill it. But in other hand many countries are supporting it. So, I think if the users take necessary steps than the unsupported government will take some time to think about the necessity of cryptocurrencies.
Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?
In my own point of view, i think the government could really kill cryptocurrencies because they are powerful enough to do that. But for now they can't because there are countries which they made cryptocurrencies as legal and i think in the near future government will start to accept cryptocurrencies.
We know that the states have seen crypts as enemies since the beginning. Because the states want to manage. They either exclude things they can not manage or they open war. While waiting for what the crypto money would be, the market had grown so unexpectedly that they could not intervene. They now know that they will lose standing in front of it and they are trying to get a position. In doing so, of course, they also plan to make profit on the one hand and control it on the other.
I think that soooner or later the governments of every country will understand the significance of cryptocurrency. It is already a necessary now. A time will come when the governments will not be against the decentralizations anymore.
It will be an ongoing battle to get cryptocurrencies accepted by governments, although some are more forward thinking than others. It doesn't help that new cryptocurrencies hit the markets every week, most will disappear, some will only be useful for a tiny section of the population and a few will end up with the lion's share. Regulation will come first, followed by 99% of cryptocurrencies collapsing and just a few key players left standing. Not a bad thing for the future of cryptocurrency in my opinion, and it will be a while before it happens, so still time to make a few bob.
lets hope not. its the future
Governments have no reasons to try to stop cryptocoins, so sooner or later all governments will establish frameworks and regulations for its acceptance.
No, they will not because it is absurd and government is not going to kill new tech. There will be a regulation and control and it is good but nobody is going to kill crypto tech. Crypto tech are similar IPO on a stock market but much better.
Why do they do this? I do not understand, I believe that everyone will get profits from it, and the government is the same. The technology of cryptocurrency will be applied and promoted. This is a good development direction. Maybe, some countries will control it because it affects the banking industry.
I don't think the government will kill nor possibly kill cryptocurrencies because cryptocurrency is what people need. It should be promoted, and now the whole world is talking about blockchain technology, talking about cryptocurrencies and talking about BTC. All this is a good sign.
Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?
Some will fight it some wont. Politicians are also people and they like assets that can store value. Crypto is the best for than so i think they will also want crypto to succeed.
If you equate tokens to shares, then you can take taxes from the holders of the tokens, this will lead to the replenishment of the state budget. In this case, no one will close anything. However, this will not work with coins.
I think that if the citizens are taxed for the crypto currency, then the state will not mind. And while the law is not introduced, they will prohibit.
Cryptocurrency is now accepted by many countries in the world because of its potential. I believe that the benifits of decentralization will be more obvious and the governments those who are against cryptocurrency they will figure it out and they will realize the positive sides of cryptocurrency.
i DONT have any reason to believe that governments will kill cryptos... But yes, they surely will do something to remove the scam projects / coins from the ecosystem.
The success of cryptocurrencies in other, more loyal countries, could make them change their mind. Over time, the benefits of decentralization will become more obvious, the government will figure out how to regulate this sphere, and fraud will decrease, so I think most developed countries will eventually accept the technology.
If they somehow benefit from it and people don't go unfollowing the laws on money laundering, I dont think they will hinder it.
Always remember to pay taxes boys!
You and your country will surely benefit from it anyways!
Always remember to pay taxes boys!
You and your country will surely benefit from it anyways!
Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?
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