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I would say that the state can control the currency, but most likely it will use it to its advantage, here are some examples of the proper use of cryptocurrency:
1)Taxes are needed, but minimal. It is important - the first three years, for example, the ICO should be exempted from taxes. And then the country will receive: a) huge liquidity (one ICO - the budget of a region or even a few small ones); b) new funds on deposits; c) new business entities; d) a huge labor market; e) additional funds from related services (purchase of traffic, payment for the work of specialists).
2)Mining Divide it into industrial and home. For example, in terms of power: up to 15 kW - home, over - professional. I always cite the example of hosting: I do not pay any taxes for home hosting, I do not get licenses. Another thing, when it is put on a grand scale.
3)Training. Free and for all: this will remove the issue of investor professionalism, for which (allegedly) many officials are experiencing. Are you afraid that a person will invest in ICO and burn through? So teach him how not to do it: bans will not become a barrier - Forex has already proved this, and binary options have put an end.
4)No interference in the zone of complete virtuality: control only over the points of entry and exit. Why go where there is still no competence? Even Japan, and this country will certainly give two odds on manufacturability, has refused to regulate this aspect.
5)And the main thing is to stop looking at cryptocurrencies as something absurd: this is the future that has come. All that is needed is not to interfere with its development, otherwise we will lose again, as was the case with bank cards, the Internet, online services, PC development, etc.
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As I think, whales are large companies or rich people who can manipulate their capital price on the stock market.
I think they exist, but they always try to hide it because if people know who owns a lot of cryptocurrency, it will be dangerous for their lives
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Really nice to hear a country like Belgium so open-minded about embracing the blockchain technology and in fact providing an ATM machine for bitcoin. I really wanted to hear good news from countries who are not in favor of bitcoin that they're finally accepting the blockchain technology too one of these days.
Yes, I agree with you, this is good news. |
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Compared to conventional government currencies, cryptocurrencies are not provided with anything. Consequently, no administrative services affect their nominal value. The rate of virtual coins of the new generation depends solely on the proposals and financial capabilities of the users themselves. Cryptocurrencies are not printed anywhere, they are created by the participants of the system
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It tends to be driven by people on the grounds that Bitcoin's cost depends on the law of free market activity. On the other hand, if many individuals will use Bitcoin, it will become more acceptable and higher cost. Then bitcoin will great demand of people and price will increase automatically. So it is possible that Bitcoin Is really driven by individuals.
I hope that bitcoin is not managed by the people who are now managing our money. Just then bitcoin makes no sense. |
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In recent days we have seen lots of news which are negative about bitcoins and how government and Banks are doing whatever they can to limit the exposure of Bitcoins to people.
Like recently the banks banned the bitcoins transactions in India and since there is no money or hand to hand transactions going on now people won't be able to buy and sell bitcoins using the money in their banks . Person to person transactions is something that requires us to paly with a dice of luck.
What you think Bitcoins can do to survive in this world right now ?
What can it do to gain favor of the government and banks ?
Could it be possible that banks see it as an ally contary to a threat ?
Aren't government already regulating Bitcoins and aren't they already making people pay taxes how much they demand ?
What you think Should be the next move of Bitcoins.
I think there should be a body to Target these kinds of issues and body which will stand up for bitcoins and other cryptocurrencies and present them in from of the judiciary, so that everything can be fair .
Right now governments are doing whatever they please.
The next step is to secure cryptocurrencies in the market and put it on a par with others. Yes, there are risks for the state and for the Bank. But there are risks for the cryptocurrency. If bitcoin will be fixed and will receive the equivalent of commodity, it can devalue. So the only option is to bind bitcoin to gold, but this is my personal opinion |
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Bitcoin has to be a speculative investment or a currency weaken a global financial system full of injustice are trying to destroy Bitcoin?
"When it was created in 2009, Bitcoin surpassed all currencies, even with the government itself as hostile to it, and the uncertain legal regime that governments have created to manage it. The way people can not predict what will happen. So its present value can reach this level as has been great, since the fact that it only faces headwinds without tailwinds. Every government around the world is trying to find a way to stop and destroy Bitcoin."What do you think about this?
Quite an interesting project that will help us get rid of money slavery. Soon, I guess there will be a return to the exchange of goods for goods using Bitcoin. A completely new market will be created. |
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The recent happenings of hack are becoming rampant that exchanges are no longer safe. If the exchanges can get hacked this means you and me stand no chance at all so in view of this if you can do get cold wallet/ Web wallet to keep ur funds safe, never leave ur long term bags on any exchange.
Do not visit random links and also stay away from airdrops requiring your private keys or Passphrase.
Do not store your private key or passphrase online.
It's called a private key or passphrase because only you should have it and not even the developers of the app has access to it and that is why if you lose your keys you have equally lost your walllet.
Stay positive and waiting for the bull run.
Stay safe everyone!
You should protect your computer and accounts from hacking. Then your safety will increase, but there are still risks. |
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