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Author Topic: Government Controls Crypto?  (Read 904 times)
Dread Pirate Roberts
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May 09, 2021, 04:44:24 AM
 #121

Goverment only can make regulation because bitcoin based on blockchain system which never can control by anyone its already on internet and nobody could control or use it as their desire. and also why goverment need to controls it ? its out of their right and system.
JohnBitCo
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May 09, 2021, 07:56:48 AM
 #122

Government does not control anything related to crypto and infact that's the reason why they are fighting hard to bring it down. Imagine turning all the blockchain projects and crypto into the hands of government, that means we did not get any form of liberty. Government has no hand in it.

Luckily government has no control over our funds and crypto and they can't take hold of it. Consider for a moment, if government has the power to stop the block chain technology. They would have stopped the blockchain technology and would want us to be their salves and keep on using the banking fiat system.
dimonstration
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May 09, 2021, 07:59:56 AM
 #123

Goverment only can make regulation because bitcoin based on blockchain system which never can control by anyone its already on internet and nobody could control or use it as their desire. and also why goverment need to controls it ? its out of their right and system.
Sometime government fears the rise of scam transactions using cryptocurrency that makes them banned it before, however since they cant control the continuous use of crypto and fast adoption of it throughout the world tgey can just limit it thru the uses or authorization to other companies in using, hopefully they will just accept the fact that transactions will only be controlled by the user themselves and not them.

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Newlifebtc
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May 09, 2021, 08:09:36 AM
 #124

Ok so there are people who say that crypto is decentralized and cannot be controlled by the government. How can this be true when the government can shut down the companies or networks where you are able to buy, sell, or send crypto? What do you guys think? Do you all think that crypto is truly decentralized and cannot be controlled by the government or can they? Maybe not directly but indirectly controlled?

Government and its policies can't shut down or stop crypto but rather they can illegalize it within there jurisdictions and make subscribers or users look like offenders

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