Bitcoin Forum

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?

I don't see why every country would develop it's own custom cryptocurrency.
The block ledger technology can be adopted and modified to function in various sectors.

And the creation of new cryptocurrencies does not really directly affect bitcoin or it's decentralization. Nor would it give authorities control over the digital currency market.

You cannot be sure of this, and there is no fact that points to this, apparently the only country making such claims happen to be China,i do not see the reason why countries would create it's own cryptocurrency,when they can manipulate their very own fiat currencies..

Even if such creations happen to come into effect,they will just be creating some other Altcoins/shitcoins and it has absolutely nothing whatsoever to do with the bitcoin,how it works or it's nature..
We already have over 2000 Altcoins,they will just be additions to those numbers

I mean to be completely fair, we have seen certain countries attempt to implement some form of cryptocurrency. Realistically, Bitcoin & other cryptocurrencies are going to be financially difficult to control. It really comes down to the countries opposition to the currency in general, the risk they feel by the currency (if any) & how much they are willing to spend to enforce such control.

If you search in the press, at least more than ten countries stated this. Therefore, all this is only a matter of the future.


national crypto currency is a secure national currency - this is not some shitcoins  ;D

Because any state is not interested in mechanics, which cannot be controlled and regulated.

Technological hype perhaps? Realistically, the primary benefit to a country creating a crypto themselves is the hype/press that they are joining the technical revolution of cryptocurrencies.

Only problem is, I feel like due to the nature of the cryptocurrency market, where-as fiat is considered safe because it's backed by a country, I also feel as if the distrust in the market would have the opposite effect for a cryptocurrency established by a country. The reason cryptocurrency became so popular was that it was more or less out of countries full control.

I don't see that affecting bitcoin in any way. It will still maintain its purpose because everybody knows it is anonymous. So, it is going to operate like that while crypto that is country base, will remain centralized and operate like fiat.

There's no need to worry about it, two currencies can still operate whether its provided by the government and the other one is bitcoin. As you said, it's free so that makes everyone able to use it whether the government is providing their own currency.

What will happen if cryptocurrencies will have its own state of control? then it will have something that controls above so that sounds centralizing and that really contradicts to bitcoin as decentralized.

Cryptocurrencies are decentralized, and cannot be controlled, but regulations made by countries or the world can regulate the stability of crypto development.

yes, bitcoin and crypto need regulation to control security, transactions, and every crypto growth.

If all countries will have it own crytptocurrency cloned from the ideas of bitcoins then bitcoins decentralization aim will be adopted by each of the countries that will create it own crypto. Though the national authority will control it but the decentralize nature of each country currency won't be lost.

Cryptocurrencies must be decentralized. Their supply must be limited and they don't a third party. Otherwise I don't call the currency a cryptocurrency. But It is something governments will likely prefer over real cryptocurrencies like bitcoin. I think it's better than the papers called money. If such a currency is created and replace fiat money, some organization will be needed for controlling the supply, identity of the people and crimes.
So, a real cryptocurrency needs no third party, but this fake cryptocurrency will need it.

A state that wants to create an open source, de-centralized network may work. It must have no ability to manipulate the distribution, supply, or valuation. I don't know how you would pay for this unless you copied bitcoin's competitive math for money idea and issue a reward for discovered blocks. So if Iceland made a currency like this it may gain a legitimate value.

However, it is really just copy of bitcoin that only works in Iceland. It would be better to fully use bitcoin's potential and adopt it globally as an accepted form of money. Cut out the banks, the governments, the advertisers. You don't need them to engage in most transactions. And in the end that would not only be good for consumers, but for banks and governments.

it will be good when there are many countries that have their own cryptocurrency, but we should know that not all people that believe and accept bitcoin as the legal currency, so I think the government need to control it with their policy

That is true, altcoin is just another currency and Bitcoin is still bitcoin, even though we have a lot of altcoin most of them are just shitcoins, and I think if country will create more, then it will be an additional shitcoin.

So? Bitcoin is still Bitcoin.

Anyone can create an Altcoin. People trusting it and valuing it isn't something governments can just force. Ask Maduro.

I think it wouldn't really affect bitcoin's consistency because it will still be altcoins. And in crypto, bitcoin is main thing from all of that and we know market will focus too on bitcoin and not on other currency.

This belief is wrong, there is no reason for governments to do that and cryptocurrencies are not the solution to all the world's financial problems.
The current financial systems and cryptos are separate systems and for all the advantages and disadvantages, so people and companies will be driven to accept it, not governments.

The concept of cryptocurrencies is based on peer-to-peer interaction, a concept quite different from that of a "trusted third party" government.

why do you think that can even contradict bitcoin?!!! to be honest your question doesn't make any sense at all. you can go and take a look at thousands of altcoins that existed in the past 10 years, many of them have been centralized, some good, some shit,... and none of them ever "contradicted" bitcoin because they have nothing to do with bitcoin. they are "ALT"coins and no matter how many of them exist and how they are, bitcoin is still bitcoin.
a government created coin is not much different from these altcoins.

The up and coming destruction of physical cash and introduction of closed source government issued cryptocurrency will be the perfect catalyst for bitcoin, as it will make a strong case in why it has value, hopefully it will become increasingly obvious for the average joe.

Banning of physical cash will be great news since people will be forced to get into crypto and bitcoin has #1 security.

If all the countries would have their own currency in crypto business it would be something bad and ugly. We are talking about the decentralization here, our dream is maybe one day we have only one currency and the world would come together. I am disagree with that. We have enough coin, the goverments never need to make their own coins, never!

If thing were so decentralize there would still be bad things that can happen. Of course when currencies go decentralize I know that a lot of people will be free to take good care of their own funds, but what if there would be no banks? Who would give us loans?

How about personal loans? Have you try one of them ? I know it still exist in real life and maybe the payback is a little bit higher than bank but it's easier to get a loan from them right ?
Of course in case you will payback that loan not scam them.

Whenever the government get control over cryptocurrency or develop its own country cryptocurrency, then the system will no longer be call a decentralize system rather a strict centralize one and the idea will no longer represent Bitcoin rather a contradiction of it. Candid speaking, the government shouldn't be given the control over cryptocurrency as their control will destroy the real theory of Bitcoin.

the state needs to establish control over this, I think this is a possible thing to do to anticipate the surge in crypto coins in each country. we know that sometimes it is difficult for a country to limit crypto coins so the limitation of bitcoin is the main choice.

It may be possible but for now we must work to make cryptocurrency globally accepted first. This will increase the market base of the crypto and improve the price as the demand increases. The beauty of the crypto is the decentralization of which if taken away from it will make it to be ordinary fiat. The issue of governments creating their own crypto would have been a welcome development but it will control the crypto and then there will be no difference.

To regulate bitcoin means it is a serious and very important matter to talk about and solve the necessary issue. To control bitcoin must have confirmation from other countries who were partners with bitcoin programs. Still I am doubtful if bitcoin will become centralized which it is decentralized.

I think if bitcoin can never be controlled by any party, if bitcoin is controlled by certain parties means that bitcoin is not decentralized

there are currently many digital currencies in the country. but all don't use blockchain technology. I think, in the future digital countries will adopt blockchain technology but with a controlled system. while Bitcoin will continue to run on its ideas. and that is a complement to the world currency.

Yes, the Blockchain technology developed requires the use of electronic coins. Bitcoin has some non-conformities with governments so it is banned in some countries. And with Altcoins it has too many coin garbage, will not be useful. So, countries need to develop their own electronic money to meet the needs and requirements of the government.

This may not really happen but if it does, then it won't be anything to worry about because a government's cryptocurrency cannot be fully decentralized which will still contradict the motive behind the development of bitcoin. Such development will not affect bitcoin in any way.

I think that cryprocurrency will be prosper! And I am sure that they I will remain and decentralised currencies which will be popular as well. I think that they will not prevent one another. :)

Government backed cryptocurrencies will be very successful in many ways if actually they decide to introduce but if we consider about the decentralized nature and other qualities there won't be a big different between traditional fiat currencies and government backed digital currencies except for the intangibility and other few benefits

Control is needed only in terms of Bitcoin price manipulation in the market, since there are many interested in this segment.

Bitcoin exit can contribute to this along with other assets of the stock market.

For some countries, they want it because they want to control the bitcoin market to contain its boom, possibly bitcoin bubbles, for example.

If indeed a country will produce its own cryptocurrency, I dont see which purpose they will be making it since they already have their own local currency, there is no substitute currency, if so one will be weakened and the other will be strengthened. So what will be the use, better change the currency at all than to play with the two. There will be no point of comparison between local government cryptocurrency and bitcoin. Both will not have the same features.

I suppose this idea is one of a middle ground but I will be concerned about losing the decentralisation and independency established by BTC. AT the same time, I recognise the need for a government supported coin. We should be more explorative as to what the different options are.

National cryptocurrencies can never contradict the idea of bitcoin because they will not become decentralized in any way which is a main quality in bitcoin that is no individual or an organization has the authority over its actions so national cryptocurrencies and bitcoin means two different things even both are digital currencies

if all countries accept crypto, then clearly the country will have rules governing it because this will make bitcoin decentralized in that country and the currency of a country will disappear with the presence of bitcoin.

No I don't think it is necessary because even now we see many alternative cryptocurrencies in the world but none of them has the ability to make a considerable amount of effect on bitcoin and its success so how future cryptocurrencies that are made by governments can make an effect and that is why it is not necessary control bitcoin   

No I don't think so all countries already have their own fiat currency, why will they make a new currency in the age of online wallets I don't think it's needed. Now let's assume in the future all countries suddenly create their own cryptos, it'll be given thumps down by the public and outrightly rejected by the public, cause it'll be a centralised coin, and will be regulated and open to manipulation. I think few countries, and some football clubs created thier coins and have got luke warm responses to it.

yes, you are right, in the future, every country will have a crypto currency that backed by a country's source of power, like petro backed up by oil.

and that will make the existence of the crypto world better, each country only needs regulations to control  the crypto trade cycle, and also to minimize crime.

Well the idea behind the development of cryptocurrency/bitcoin is to provide a free flow of money from one person to another and without boundary restrictions, and also to eradicate the double payment system by eliminating the third party involvement in financial transactions so for nations to created their own cryptocurrency coin or token is just like remaining in the old traditional financial system and that will shift us away from the decentralized mode.

The government plans to take control of what is impossible. This is not an exchange that can be easily manipulated and made centralized!
I think control is needed only during the ICO.

I think that btc is great because it doesn't have control at least at the moment. To my mind, it is better to invest in btc because this is the coin with the great power and it will be great to use it always

I don't think that's going to happen for the foreseeable future.Today it is something fantastic.If cryptocurrency replaces Fiat, it will be a new era in human evolution.The governments themselves will decide whether or not Bitcoin will control. So far it is technically very difficult to accomplish. But if such a goal is set, then it will be quite possible to do so.Is it necessary? I think not.The creation by each state of its own cryptocurrency may well be realized. From an economic point of view, this is very wise.

While I do think cryptocurrencies may provide a threat to the countries economy, I do believe both can live in tandem. But I'm not entirely sure politicians/economists will look at it that way.

Freedom for the future is not convincing. Bitcoin and Blockchain will cause a large positive change in the economy, but will governments give us economic freedom? Decentralized cryptocurrency will not be accepted. Probably the future money will be digital coins, but centralized coins.

    It is difficult to control cryptocurrency and besides bitcoin is a decentralized which is nobody can control it. Government saw the power of crypto to the people that's why they try to have conttol over it in many ways including the attemp to have own cryptocurrency. But i thinks it is impossible yo happen.

Controling bitcoin as decentralized currency is very long time argument
The world government they paln how to control bitcoin because they want to collect taxes from cryptocurrency

I think if they really are going to create crypto currencies from their national currencies, of course the crypto currency is decentralized, the government cannot control the crypto currency, if they can control it, it cannot be called a crypto currency and they never crypto currency

In my homecountry , germany, its very wired.
We not really need a control of bitcoin but wee need a regulation here or some Rules.
Noone here really nows how much fees he has to pay to the Goverment when we exchange btc to eur XD



regards

I disagree. I believe in the near future every country and not just developed country will eventually accept bitcoin and other major altcoins but I don't think they will develop their own crypto just like no country really build their own Paypal, visa or mastercard. It will simply coexist with fiat.


As much as any intitution or government would like to control or make bitcoin centralized it will never happen just like they can never control internet.


cryptocurrency can't be controllerd but it can be regulated in some way but never controlled.

I do agree with you, bitcoin can't really replace fiat, as far as I know, credit cards and cash card already exist for so long but I don't see it replacing the fiat, same goes for bitcoin, although it is a good project, it really foreseen the future to not use fiat. The will only happen if they stop giving out fiat.

when bitcoin need control will be change to centralization from decentralization. bitcoin only need regulation from government where bitcoin using by citizen. when bitcoin have regulation i am sure bitcoin price will be stable. again, not control bitcoin like fiat

Nowadays electronic coins are created to serve their own foundations, but I think it does not relate to bitcoins, as they develop a successful foundation that will be completely separate and unrelated. market

Instead countries creating their own cryptocurrency, it would be better to use the full capability of bitcoin and its blockchain to improve and develop the government system. Blockchain can innovate the current system. Cryptocurrency for each country would lead us back to the existing system which is fiat money.

basically all types of transaction tools, whether money, gold and as we often use crypto as a digital tool, will always have their own revolution and era. I think we only follow developments for the development of the advancement of technology and times

This will only lead to another centalised system controlled by a few individuals. I don't see it happening anyways for as long as there are Decentralised systems in place, which many will prefer than the later.

True. But it's not in the human nature not to suppress and enslave others, unfortunately.

the fact is that bitcoin cannot be controlled like a cryptocurrency that has a developer and is very vulnerable to manipulation. and if every government would legalize crypto and adopt it bitcoin would still be number one in every trade.

It may happening in the future, but even all countries have their own cryptocurrency, bitcoin will be the global cryptocurrency to pair with their's.
Peoples will keep trading with their bitcoin to buy another cryptocurrency, just like now the volume of btc is the most in the exchange market.
So, it won't contradict with bitcoin as a decentralized currency.

Of course, you can not give Bitcoin full control over the cryptoindustry. Otherwise, a banal departure. The departure of a large number of Satoshi could bring down the market.

Cryptocurrencies are decentralized, and cannot be controlled, but regulations made by countries or the world can regulate the stability of crypto development.

What makes you think Bitcoin is a decentralized system?

Not sure, they truly going to create these national cryptocurrencies, but if they do, surely they want to control it. And in that matter it would differ from Bitcoin a lot. Cryptocurrencies must be out of government control in my view.

Control only harms Bitcoin, because any control is also an interference with the functioning of the system, which was created as relatively free. In addition, I do not see the area for control by the state authorities, since neither the extraction nor the turnover of cryptocurrency depends on them.

maybe this happens in the future every developed country will create its own cryptocurrency. and certainly a lot in opposition to the current Bitcoin system, and there must be countries that control cryptocurrency. Hopefully, it can bring peace to the future.

The creation of a single currency for a country needs the stability of its currency in exchanges so its value will not change. In contrast, Bitcoin constantly changes to make things better when it comes to attracting more venture capitalists, so why should we worry and control it?

I agree, even there are new coins that arise in every country, I always see that bitcoin will be on the top of it. Its like it was the head of all thd cryptocurrency we have now. I can't see that it would be controlled as it was decentralised no one can control it even the government and bitcoin doesn't need anyone who can control them.

Maybe it needs control to some extent..

I do not think that countries with a strong currency like Germany or the United States or the United Kingdom will make their own cryptocurrency, that is just dumb I mean they do not need it but if talk about countries with big economies and weak currencies like India or Brasil I am willing to bet that you are right they will try to make some kind of crypto coins and try to control the market

Won’t one, global currency make more sense though? It’s digital, so it should be feasible, right?

Just let the government in each country make coins with their respective currencies because the system will remain decentralized so that even if they make their own coins they will also not be able to control the coins they make.

If each country will make their own crypto, it will not be decentralized. Ofcourse the government will make it centralized. The idea of being decentralized defeats the idea of banking and centralization. That's why most countries are banning bitcoin.

No it will not because if it happen that each developed country will create their own cryptocurrency it will be designed the same as with bitcoin but it could be modified for the good of the investors or its clients. Security is the issue here that if one country creates crypto then one must prioritize security of the investments. This maybe will twist the bitcoin idea but as we all know that bitcoin system has more challenge and this challenge might be attained by other crypto that will be introduce.

I don't think it's necessary. If the state and the government fully control the cryptocurrency, then they will lose their basic character which is decentralized. Bitcoin should indeed be fully controlled by the holder, not the state and centralized government. If bitcoin is fully controlled by the central government, the holder will not be free to make transactions without a third party

bitcoin does not need anyone to control it because if someone can control it, the bitcoin will cool down its decentralization

I mean absolutely fair, we have seen some countries try to make some kind of electronic money. In fact, Bitcoin and other electronic money will be financially difficult to control

Not sure the government will control bitcoin, even though they plan to release their own crypton but I'm sure they will follow the workings of the crypto world that cannot be controlled and let it move according to demand.

this is very funny, bitcoin was initiated with a free and decentralized system so that it is easy to develop and not hindered by stupid government regulations that only benefit them. if they try to control it will be bad news.

something like that will happen. all countries will make or launch crypto currencies. so that each country will have digital currency products. this can happen because every country does not want to lose investors who have provided capital in that country. so that each country will facilitate and keep investors from switching to using crypto currency products from other countries. so that investor capital will remain in that country.

No, its essence will be gone. Just let it flow and for some reasons it will run smoothly, we just getting started of being recognized so and later will be an adoption. Bitcoin itself will change the way we live now so be prepared.

Whatever crypto currency they decide to create be it the petro or digital USD it eill almost certainly be tradeable as a pair with bitcoin, so it doesn't really matter about national coins if btc exists

There must be an agreement so that bitcoin can be used throughout the world, because currently many countries are not willing to accept bitcoin. The most reasonable agreement is to modify bitcoin from unmanageable to controllable, in the sense of narrowing the space for the criminals  use bitcoin to carry out their actions.

Let's imagine USA or China come up with, let's say, digital dollar or yuan. Powered by big money, it can even outperform btc. So there's a chance btc will have to survive some attacks like the one that have taken place with BCH.

Any control measures or instruments will be applied to control people's money rather than illegal activities. So that might not be a good decision for the crypto community.

If they won't follow the sole purpose of bitcoin/crypto will be disregarded, they can create their own ruling inside their jurisdictions but not inside the entire market of crypto, adopting and creating their own coin can be helpful to their economy as an alternate currency where they can deal using the system to transact all over the world.

if any government issue their state backed national crypto, that crypto will be heavily centralized, no doubt. so, those crypto will have Zero effect on Bitcoin.

It is quite tough to control bitcoin by Government because bitcoin is decentralized and its users are anonymous so it is not possible to control bitcoin literally. But it is needed to be controlled for better security and transaction. The government should take some reliable steps to regulate bitcoin and its transaction policy.

Bitcoin not needed everything control for government or other institution, many way we could help bitcoin become on the higher price by always give and support for bitcoin, we have advertise of bitcoin with good and positive news or information.

The technology behind these types of electronic money is not a new concept. Long before, many companies were working on complete digital trading systems. However, not all systems are effective and cheap. That is why governments and banks have not been quick to adopt this technology.

National cryptocurrency is a welcome development in as much as it is not controlled by the government. This will create a massive exposure and adaptation of other cryptocurrencies by the mainstream society.

Bitcoin is design to be decentralized and I think the designer already anticipated that crypto currency have many threat at the future that most likely the government are the hesitant, so having no central control is advantage for bitcoin and it should have not to change the system.

These currencies will be contrary to the idea of creating Bitcoin. But I think they won't affect bitcoin itself.

A wise state control will bring some confidence, but that must be a really wise control. If governments will grab money through controlling, nothing good will come out of it.

They can affect! and I think they can greatly reduce the price of bitcoin. ordinary people who do not understand the basis of Bitcoin(decentralization), will invest in these currencies. And accordingly, new money will not come in bitcoin

It is quite difficult to control the bitcoin of the Government because bitcoin is decentralized and its users are anonymous so it can not control bitcoin literally.

No I don't think it is necessary because even now we see many alternative cryptocurrencies in the world but none of them has the ability to make a considerable amount of effect on bitcoin and its success so how future cryptocurrencies that are made by governments can make an effect and that is why it is not necessary control bitcoin

In reality, it doesn't make any sense for any government to issue cryptocurrency unless they transfer the entire control to the users who are involved in transactions with that particular cryptocurrency. The basic characteristic of Bitcoin is decentralization and this is also applicable to altcoins out there and that's what makes it unique which will not be the case regarding cryptocurrencies launched by the government or any other central authorities.

What did you say? Did I just read it right? "Bitcoin of the Government?" and you also said it is a decentralized crypto currency, that is ironic in every way I look at it man. Bitcoin is not Government's property not being controlled by them, it is a decentralized crypto currency and no one controls or owns them. The only reason why Bitcoin is having a price change is because of its decentralization.

yes in my opinion we must always control the bitcoin even though bitcoin is flucfuative it can go up and down quickly so we must always check it. so we don't take the wrong step if we invest.

in cryptocurrency which is decentralized, it cannot be controlled, because cryptocurrency has the opposite nature
without any connection

Governments and countries may use digital currencies in the future when they get convinced that it is fir their best.
It will be different from Bitcoin and other cryptos because it have to be more centralized and they have to add features allowing them to have control over it.

I think that btc is the best coin among others thanks to its benefits like confidentiality. To my mind, btc is the best coin because it can provide us with the financial independence and freedom

Crime has been around for a long time. Even before Bitcoin was present, money laundering, terrorist funding and other financial crimes had often happened before. That is not caused by Bitcoin. Crime always uses any situation to carry out the action. The state and government only see the negative side. And I think that's just an excuse that the state banks are not abandoned by society.

If government or central banks create their own cryptocurrency, i think its can not compare with bitcoin. Their cryptocurrency must be centralized and bitcoin is decentralized. Its not different with fiat money if government cryptocurrency centralized and the supply controlled by central banks

Of course the government has an interest in controlling bitcoin, but in reality the government cannot because all transactions occur on the internet and peer to peer so that only the two parties know. The government is not stupid, so control is carried out at the place of withdrawal, namely the exchange of bitcoin into fiat money. That's where the government can find out the data of the bitcoin owner and withdrawal of taxes for the state.

I think that this is a race in which each country will compete in the development of new technologies. I think that every country should have its own cryptocurrency !

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

- For what reason why the country will create its own crypto currency? for them to control their own crypto, because they don't want to adopt decentralization instead centralization so that they have the power and fully control for it. That's the main thing reason why they want it to be happen.

I think the government will find it difficult to control bitcoin, even though there is a government that has created crypto/altcoin, then it will follow the rules of the crypto which has been running on demand and cannot be controlled by a (http://yubster.com)nyone.

I can't see that all of the countries can manage to create and maintain a cryptocurrency on its own. But I see your points because when the whole world has accepted cryptos, many powerplayers will rise and try to monopolize the market. What you have forgotten is that many individuals can and will create their own movement to compete in the market.

I think no need to control bitcoin. if we do what will happen??

Goverments may put their own coins into circulation but they can only decrease the demand for bitcoin at a limited ratio. Most of investors are not only investors and most of them are also familiar with the idea of decentralization and its advantages. In a near future, we'll see such attempts to implement some form of official cryptocurrencies. I think, people wouldn't let authorities totally control the digital currency market.

Bitcoin control is necessary but those who believe bitcoin go high that not happy with when it in control

Yes, Bitcoin is designed to be a decentralized crypto currency without transaction censorship and it cannot be controlled technically. But nowadays most of the mining pools that have a lot of ASICs are located in China, and many investors do not like such situation. One day the chinese government can ban all the mining pools by restricting connections through their "great firewall". In this case, the global Bitcoin network will be temporarily paralyzed until the mining difficulty is reduced. I think this is a vulnerability.

I agree that the regulations are necessary to prevent money laundering and to control criminal activities, but policies of governments are different.

Bitcoin was created as a digital currency with the aim of not depending on the government, meaning that the government cannot intervene and control bitcoin.
However, in its development, many countries prohibit bitcoin because it cannot be controlled. So, for the future so that bitcoin can be accepted by all countries, there must be modifications so that the government can get taxes and can protect its citizens from fraud.

Creation of the national crypto won't change a thing. Maybe, national digital currency will be more suitable for performing payments, but it will be fully controlled by the government in the same way as fiats are now. Bitcoin needs not control but regulations and also institutional investors.

Block chain is totally decentralized and not controlling by the any individual entity or any body, so that's why it is impossible to control on the internet. Bitcoin is not running in even single country and it is internet based currency buy and sell system which can use any body at any where and any time in the  world.

To me personally....the technology CAN'T be control! But am advocating for services and start-ups in the space should be control....even ICOs; they need some level of regulations!

It will never be of any use when all nations create their own cryprocurrency and I actually do not see such thing to come and as such if that be the case then things will fall apart as we see a lot of national currencies just at the mercy of the US dollar. And if it possible bitcoin will still be the control of all crypto market.

I think it is not they are controlling bitcoin, but they are regulating bitcoin usage.
When a country wants to legalize bitcoin usage among their peoples, the government will need to regulate btc,
so there won't be any peoples using btc for bad purpose like scamming, or steal other's in their country.

Decentralization and the decontrol with blockchain technology are the main features of the cryptocurrency market  and the root cause of the emergence of the Bitcoin ,imposing control means to destroy its basic features. 

if in the future developed countries are able to create crypto currencies themselves, this will certainly affect the existence of bitcoin, and allow bitcoin to weaken because of this.
but that can all happen if the new crypto currency has the criteria and multifunction like bitcoin, if not bitcoin cannot be defeated.

In my opinion, creating new coins is not necessary. Because the current bitcoin has stabilized and we need to upgrade it to keep up with the times, instead of creating new coins that are deemed safe then missing ???.

Me too, I also do not quite trust the bitcoin will be controlled, may be like the bank but so money can be guaranteed. I believe choosing investment BTC is due to the decentralization, I do not want the BTC to be controlled, even in the future :'(.

I think this is very contrary to the purpose of bitcoin, because we know for ourselves that the purpose of bitcoin is to be decentralized without government regulation.

Of course anyone cannot control or control the price of bitcoin to become a reference for altcoins. All independent cryptocurrency, depending on the market, will move up or down. The government cannot intervene, but can make regulations that limit the area where bitcoin can be used, an explanation of the business fields that bitcoin can be used as payments, etc. The aim is that as a payment instrument, Bitcoin has legal certainty.

Yes, bitcoin control is necessary, it would help in a lot of things, such as trade, it would be much safer, and that bitcoin was safer to attract new investors, so bitcoin would progress.

No matter if every country creates its own custom digital or crypto currency, it is good for the improvement of crypto currency. It will not affect Bitcoin because all we know that Bitcoin was created for p2p transactions. The holders are free to do transactions anytime they want, and the price is not controlled or influenced by any institutions. The price is depending on the holders.

However, there are many opinions that say bitcoin is probably becoming more secure when it is controlled by government or other entity. That is probably true, but it breaks the aims of Bitcoin which decentralized system.   

I don't think that government  take control the cryptocurrency  because I doubt that every country creating own coins? As of now not all country accepting cryptocurrency  but we hope they also embrace  and accept it for us to easy to transact. We don't  need government to control cryptocurrency  but we need government  set an rules and regulation in terms of transaction for us to avoid scamming and any illegal transaction.

By looking at the price of crypto currencies which have deteriorated throughout the year, I honestly choose if we recommend that only bitcoin and other crypto currencies be controlled. When this crypto currency is controlled, the price of the crypto currency can be more stable and regulated. But I am sure this will change the existence of crypto currencies as decentralized crypto currencies. But there is nothing wrong if this decision is considered so that we can get certainty. With the price of ups and downs and full of surprises this makes us just wary of betting on losses. We are risking ourselves at great risk because the prices in the market are very shocking and can change drastically. As a crypto currency player, maybe some people still want crypto currencies to be unregulated but if the conditions drag on and on it decreases then maybe becoming a centralized system is a more appropriate decision.

I think that cryptocurrencies claim to be an industry with big money. Therefore, I am not surprised at the news about regulation. The regulator wants to control everything related to big money.

I agree but when it comes to the price of it, cryptocurrency will never be control or must not be control by anyone. In fact it was one of the main reasons why people like. Cryptocurrency because it is decentralised. Rules and regulations are depends to the government in every country.

What you think is very similar to what I thought before, until now this thought still plays in my mind.

Maybe everything will conflict with the idea of bitcoin created by Satoshi Nakamoto, except the blockchain. As we know, most countries are more likely to reject bitcoin as a payment method, but most of them are more interested and accepting to learn and develop blockchain technology, even they have dared to adopt and implement this technology, for banking, finance and industry they. Thanks to blockchain technology, they are easy to carry out their actions in forming their new version of cryptocurrency, but the crypto nature they create may not be decentralized (having control from the authorities), if this happens in the future, most people will automatically trust him more. Well, this is what makes us afraid, if in the end they will get rid of bitcoin by force.

IMO, what is important about the existence of bitcoin is the mass adoption of blockchain technology, please consider if developing countries adopt currencies other than their countries that have a high level of volatility, of course it will risk the survival of the country
therefore, they prefer to use blockchain technology from bitcoin
and that is no problem in my opinion

In my opinion, as bitcoin itself is decentralized it has note not been regulated by any government. But, I think it must be control in order not to misuse any transactions.

if any country create their own cryptocurrency, it is not possible. why?  we can see that tevery county have their own currency, like USD, GBP, EUR, and anything else. maybe if there are cryptocurrency in every country, it value is same with their loca currency but with blockchain network

I saw a collapsing system of bitcoin for it has a long bear market now since July I guess where crypto has good market price. Besides, government could also not adapt a system that it is already falling. Probably if cryptocurrency will endure then it has a possibility that developed country will create their own crypto system.

It's simple, those crypto's that will be provided by the government are centralized.

There's a lying body that will control its center and they can predict and manipulate the market, value and its supply. In this case, we are here for bitcoin's decentralization because no one is in the middle of it.

No need to worry about that, countries want to make or create their own coins this does not affect bitcoin. Independent Bitcoin and all will still depend on this bitcoin.

I think if the government has created a cryptocurrency that uses instead of traditional money, then control is necessary or it will be a mess in the economic processes.

I do not agree with you. It is very contrary to the aim of bitcoin. We know bitcoin is decentralized. It is it's identity. I want anybody can not control bitcoin.

I don't see any need to control Bitcoin but I really some need to control people who can be in BTC. Please don't take me as a control freak or any supporter of regulation, I am just tired of seeing stupid people jumping in to make some quick risk free cash and crying out loud blaming BTC instead of their stupidity.

There is no need to control bitcoin. And anyway nobody can control Bitcoin. Because Bitcoin is crypto currency. And if anyone also takes control of Bitcoin. So bitcoin will not benefit from it.

As a use for a national currency individually, i think no one countries will take such a huge risk. If it will make for using national currency, people suffering financial crisis because btc is volatile. Bitcoin used in the whole world as a digital currency not like a global currency you have to keep in mind. Who will control bitcoin or how? But its price up and down by people demand that's correct.     

That's the saddest point of cryptocurrency as a lot of countries are against this, the entire market has been bombarded right now. Digital currency need to implement in every country for a good future.

How?
Who has a million computers to run this network? Are miners going to get the money, if not why would I run a mine?
Are governments and central banks going to give up control of supply, distribution, and valuation? If they are not going to then why would I use their money instead of bitcoin?
The best a nation could do is to make a bitcoin-like alt-coin that only works in one country.
Who want's that?

Interesting, what do people that say that Bitcoin can be controlled, know about the cryptocurrency. No control is possible as the crypto is decentralized. This is one of the BTC advantages.

Of course, I am sure that in developed countries they will definitely create their own cryptocurrency, because cryptocurrency has grown rapidly, so there is no harm if the cryptocurrency develops itself in developed countries.
Seeing the future of cryptocurrency, more and more people believe that cryptocurrency resembles real money, and cryptocurrency is a very attractive income for everyone who understands its use.

I think the idea of creating a national cryptocurrency by each state is quite absurd, It does not make any sense, because we can use Bank cards, it is also a non-cash payment. But the digital bitcoin currency carries a completely different meaning - it is the unity of this decentralization.

I do not understand why every state should create its own cryptocurrency. After all, then it will be controlled by this very state, and the essence of the crypto currency is completely different - it is full independence from the state system and control. That's why I'm in favor of bitcoin remaining an Autonomous technology.

If bitcoin will be controlled by someone, it totally changes his sense of his purpose and lost all sense of its use. Therefore, this should not be allowed in any case.

The creation of a national cryptocurrency makes no sense, because the essence of bitcoin is that it is a single global digital currency, decentralized and independent. For the whole world it is very convenient when it is all United by one currency, which is convenient to use anywhere in the world.

I think that the control for bitcoins is very necessary because what is happening to him now is not normal

If there are governments have created coins with their own currencies, I think those coins will still be decentralized and eventually they who created the coins won’t be able to control the coins like other altcoins beca (http://rumahmu.com)use I'm sure the coins will move based on demands.

What are you saying? Every crypto currencies that is ever made is decentralized, the reason it is called a crypto currency. They will not be able to control it but they can do something to affect or influence it. The price moves on demand, yes but the reason it is a volatile crypto currency is because of its decentralization.

Yeah, I think states definitely need to regulate the creation of federal-backed cryptos, so as to deter the creation of the "hyped" ones or those created only to scam, just like in ICOs. This is the one of the reasons for the devaluation of crypto prices and is also responsible as to why many people who have not enough knowledge about crypto refuse to adapt it. It creates FUD inside and outside the market. And this very same situation will also happen in different states once it is not regulated.

Well, it not every crypto currencies that are decentralized because the last time I checked XRP,NEO and EOS are both centralized coins and if it happen that the government of each developed countries create their own national crypto currency then they make it a centralized coin because we both knew the government like have power over things which is why they see bitcoin as threats.

Every state must control means of payment. If it does not have any control then sooner or later there will be a mess.

I think bitcoin, if it becomes a legal tender, does need control to avoid illegal business practices and regulate the market.

how to control. i don't understand anymore. can you explain me

The original bitcoin idea can no longer exist. The idea could exist only when Bitcoin was not known worldwide.

           What would be the reason for each country to create their own cryptography currency? We are currently at the opposite pole, where many countries are trying to ban bitcoin or some other business. The governments of the countries want a currency they can control and manipulate as they please. Unfortunately for them, the crypto market largely uses a decentralized system, so it can not be controlled. Even if that were the case, Bitcoin would not suffer.

bitcoin needs to control what else is alcoin that has many types, crypto will be stronger if there is control in each country, because it will minimize fraud

I think No. because bitcoin is decentralized token!so it couldn't

Bitcoin is decentralised in a way that data are forwarded from a block to a block in the chain without the possibility for the whole system do get hacked and jeopardized. I don't know what will control bring to the coin, what kind of benefit and who will benefit out of it. If we are looking for it to be nationally accepted and supported by the governments, some kind of compromise will probably have to be made.

The possibility of a cryptocurrency is it's decentralisation and it's not practical to create a lot of coins. It really will contradict the idea of Bitcoin. The cryptocurrency will stop to be any different than a paper currency

now indeed there are quite a lot of circulating altcoins in circulation. indeed, every country should be controlled so that the outstanding altcoins can be better, and not carelessly in developing an outstanding altcoin.

I think cryptocurrency state control is no need. I read a lot of articles about the state control.
That it may help new investors to come in the crypto market. But it's just one opinion, right?
State control of cryptocurrency will be contrary to the idea of cryptocurrency.

Talked and accurately raised the issue. What is the essence of the cue ball?

Why does he even need someone?

For me, this is an experimental value system with distributed consensus.

This is the greatest invention since gold became money.

I understand the despondency of those who first heard about the cue ball and the crypt at the end of the 17th beginning of the 18th,

but those who remember 14 and do not know why he needs it all, just a clinic.

Although many countries will creating their own cryptocurrency, i believe when they want to trade with other cryptocurrency, they will need
to convert their crypto to bitcoin first. Bitcoin is a global and international cryptocurrency, everyone can use it unlike national currency (their own crypto). So, it won't contradict if there are many countries creating their coin.

but do you think anyone can control this

I don't think that new cryptocurrencies that appear all the time endanger Bitcoin idea or Bitcoin itself. It's the free market. Although I beleive that Bitcoin will always stay some referent value for all other cryptocurrencies
As far as control is involved, Bitcoin is decentralized and will so. Nevertheless, I think that we need some kind of regulation that will give Bitcoin some legitimate nature and involve it formaly into economy system.