Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?
I am agree that government should implementing blockchain technology for their service. It will saving a lot budget and government can use others bugdet for build infrastructure. Beside that, with blockchain technology, government service will more faster and eficient
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Over the years cryptocurrency has evolved into a global currency but governments are trying to sweep it's relevancy under the carpet. We all know that the eyes of the community are now opened to the importance and blockchain technology.
What baffles me is why are the government making lives difficult by banning or limiting it's use? Is it because it threatens the political power or are they scared it will improve the global economy or force the traditional banks to reduce their ridiculous interests rate which we have been robbed of for decades now.
What is your take on this and what do you think will make governmental bodies to finally accept crypto?
In my view, government wont lose control on money supply and thats why many government in the world ban and prohibit bitcoin. But recent news, member G20 country already make statement that they will regulate cryptocurrency and i think its big step for cryptocurrency market
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The bill that has been introduced in the Ukrainian parliament which proposes a halt on cryptocurrency taxation of any nature in Ukraine until the end of 2029, would definitely be something all crypto people would get behind. The questions is, how does cryptocurrency taxing work? And is there a fair way around it?
I think its good for Ukraine people, they can trade crypto in their country with relax. I think taxes is consequences if crypto want to regulate by government. Regulation from government will reducing scam ICOs and its mean government recognize crypto as digital asset
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Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
I think its hard for government in the world eliminate their own currency and replace it with bitcoin. Its because bitcoin is decentralized cryptocurrency and government can not control the supply like government did on fiat money.
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If crypto does gain massive adoption and you are able to pay for things in crypto, there would be less of a reason for people to cash out into fiat. How would government collect taxes from crypto gains then? Also, if something like ETH becomes big, how is the government gonna stop people from making pyramids, ponzis, and scams in general?
Government can make regulation to collect taxes from bitcoin trading. Every trade we made in market will put taxes by government. I think Ethereum is not a ponzi scheme because its already recognize as digital asset in several country
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actually it is very easy for everyone to use bitcoin that is the government inaugurates or recognizes crypto currency as the applicable currency I think everyone will automatically use crypto currency
I am agree. Its depend on government regulation. If government recognize bitcoin as currency and allowing merchant accept bitcoin for payment, i am believe people will use bitcoin
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I am always believe in bitcoin and cryptocurrency market. It will be big in the future. We are know that bitcoin will be traded in nasdaq, one of biggest stock market in the world. People who dont believe in bitcoin is people who not understand about bitcoin price history
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I think cryptocurrency will survive in the future. Right now many market already recognize cryptocurrency as a digital asset and soon will be traded in reputable financial market
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In my view, Indonesia still banned if bitcoin used for payment in merchant. I think its like in grey area because Indonesia have local exchanger and having big transaction value.
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Bitcoin could be the subject of conversation in our table in the future. People in the future could be dreaming want to back at this year and buying bitcoin because bitcoin in the future is very valuable
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I hope bear market ended and market start to recovery. Its very hard to see market drop more than 90% and i am believe investor portfolio decrease the value and suffering big loss.
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I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?
Its true that only few people or institution can hold bitcoin for long term. Many people panic when market drop but not with institution because institution always accumulating their bitcoin.
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When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?
I think its because people can hold their bitcoin and selling their coin at cheap price. Finance institution must be seeing this opportunity and buying bitcoin at cheap price. I think as long we are holder, we should not worry about this because it will profitable for us in the future
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Beside South Korea, Japan is earlier country that regulate cryptocurrency. I think more country will regulate cryptocurrency and mass adoption become closer. I hope with more country regulating cryptocurrency, investor will confident with their investment and not panic with market condition
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I will never sell under 20k$, even if Bitcoin go to 100$ ...
The peoples who bought Bitcoin at 19k$, why you are selling them now ? You bought at 19k$ sell higher than that !
If you don't beleive at this technology do not buy anymore.
Its others peoples choice and they have their own reason. Some people doing trade and cutting their loss and some people prefer hold their coin for long term. But i do believe bitcoin will recover again and reach highest price
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Holder will make big profits in the future. Many big financial institution involve right now in cryptomarket and i am believe cryptomarket cap value right now are undervalue. Its need patient to be holder but i think its worth
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There is many different coin in market and sometimes they have similiar project. I think many of that coin will be dead because competition will be very tight. Competition to attracting investor getting more hard and only coin with solid developers can survive
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I am newbie and some of my friends who are already into crypto market say I am late. This isn't the time to start investments and I must refrain and just research for later.
Do you think the same? Is it really not the time to invest as a beginner?
I dont think you late join in cryptomarket. Its true that most crypto price are fall but i think its long term investment. And i think if we join this month, coin price very low and its time for buying and hold it for long term.
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In my country, cryptocurrency like bitcoin or altcoin forbid for payment and no one merchant accept crypto. If we can pay our bill using crypto, i am believe it will be fun and i hope it happen in near future
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