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tes-dav
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October 15, 2017, 02:49:48 PM
 #141

I use to wonder how can a good government who is masses and economy friendly can come to formulate a policy to stop or restrict the use of bitcoin in it public domain, first let us take a good look at the economic advantage of bitcoin as it will open up the country domestic and foreign trade to the global world for easy transactions and sell boost. And secondly bitcoin empower the citizens of the country financially there by reducing over dependent on the government.
So I think many countries of the world will celebrate bitcoin rather then trying to suppress it activities.
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October 15, 2017, 02:58:06 PM
 #142

The state has the right to take specific steps to regulate the circulation of crypto currency in this country. This may include taxation on profits from operations with the crypto currency, the procedure for making transactions, and so on. However, for cryptovplaty, encroachment on its basic principles of existence would be unacceptable, especially regarding the decentralization of the crypto currency and its anonymity in transactions.
Last time I check profits arising from Bitcoin earnings are taxable even if it is not regulated by the government only people who are evading taxes are the ones who are not recording there earnings from Bitcoin. Also why are we still pursuing anonymity until this time, if we want to use it in public such stores and transportation we need to accept that Bitcoin having anonymous transactions will be useless in the future, at least that is how the way I see it.
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October 15, 2017, 03:09:07 PM
 #143

I think the government regulation of bitcoin is very important for the continuity of bitcoin in the country. Regardless of the positive or negative impact of regulation, if the government is occupied by people who have good attitudes and behavior then the rules will have a positive impact on bitcoin.

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October 15, 2017, 03:14:49 PM
 #144

whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
Government regulations will greatly affect the development of bitcoin. if the government recognizes and adopts bitcoin then bitcoin will be one of the legitimate payment media. this will have an impact on increasing the use of bitcoin and can also increase the price of bitcoin. on the other hand, if bitcoin is prohibited by the government there will be negative impact such as decreasing bitcoin price. that's why government decisions are so important in determining how bitcoin will be regulated.
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October 15, 2017, 06:45:11 PM
 #145

maybe the rules do not exist yet, then later if we have allowed the very tight rules that will be made by the government about bitcointalk and we just wait for it.
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October 15, 2017, 06:53:00 PM
 #146

The government regulation is good and bad cause some government were trying to control bitcoin because they see bitcoin as something affecting their national currency/economy and is what the Chinese government trying to do but I love the part of regulation created by the Japanese government which generate positive impact into bitcoin.

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October 15, 2017, 07:13:30 PM
 #147

Honestly, we need the government help somehow in other to create some sort of awareness because some people still don't believe in bitcoin and some create false capital which will experienced in China last year before the PBOC came in. Therefore, if the government regulation was in a way of creating security/awareness and accept bitcoin as an electronic cash. This will definitely create a positive impact to the crypto world.


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October 16, 2017, 05:30:56 PM
 #148

whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?


the government regulation of bitcoin is always different in each country. I think all countries have interests and laws regarding bitcoin. even then if the state has legalized it.
NO there is no such thing, I do not think every government or country will have some kind of regulations towards Bitcoin. Other countries are so interested in Bitcoin that they wanted to get their hands on it and wanted to manipulate it. But they are not in luck, because the concept of Bitcoin is to have freedom in using it, so basically it was obviously that it was created so that no people will control it.

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October 19, 2017, 05:05:06 AM
 #149

whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?

every rule is always different in every country. I don't know for sure what is beneficial or disadvantageous, because in my country there is no problem with the rules on bitcoin.
There are many countries who are allowing bitcoin as a payment method because they have no issues such a poor states because they know that bitcoin can make there country better. So it’s depend on country.
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October 19, 2017, 05:08:46 AM
 #150

Honestly, we need the government help somehow in other to create some sort of awareness because some people still don't believe in bitcoin and some create false capital which will experienced in China last year before the PBOC came in. Therefore, if the government regulation was in a way of creating security/awareness and accept bitcoin as an electronic cash. This will definitely create a positive impact to the crypto world.



Correct and some parts of it I dont agree.
We dont really need the government for some reason. We need investors. They will be the one who are willing to risk something just so they could provide a good service.
Example is a bitcoin ATM. Not much wants to get to that business because of the volatility of bitcoin that might get them on the losing part. Who will risk it?
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October 19, 2017, 02:21:34 PM
 #151

according to me government regulations will not affect bitcoin, usually the government only regulate how to transact using bitcoin or withdraw tax from bitcoin users, that's just my thinking, because in my country the government has not set the bitcoin
It is right that government can get access to the bitcoin users only in order to collect his taxes. Bitcoin is so much far away of government access because bitcoin is decentralized and no one person or government can get control on bitcoin.

Government regulation in a sense to collect taxes from exchanges is possible just like in Japan but control on bitcoin in order to regulate in a country is impossible.

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October 19, 2017, 02:36:24 PM
 #152

whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?



I think every rule that involves bitcoin in it will always be different in each country.
and all that there is always debate every policy and decision, yes I guess that's how it happens.
Yes, you're right. In every countries are not the same policies and regulations in bitcoin. Like in the USA and Philippines. In United States, you can buy directly what you want through bitcoin so they treated bitcoin as a legal their country. And also the Philippines, they are not use bitcoin as a legal currency but they are adopting it as a currency so we can still use it but we have to use valid IDs. Therefore, again, every country has a different way on treating bitcoin as a currency.

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October 22, 2017, 08:45:12 PM
 #153

according to me government regulations will not affect bitcoin, usually the government only regulate how to transact using bitcoin or withdraw tax from bitcoin users, that's just my thinking, because in my country the government has not set the bitcoin
It is right that government can get access to the bitcoin users only in order to collect his taxes. Bitcoin is so much far away of government access because bitcoin is decentralized and no one person or government can get control on bitcoin.

Government regulation in a sense to collect taxes from exchanges is possible just like in Japan but control on bitcoin in order to regulate in a country is impossible.

I agree with you, Governments really want to control Bitcoin to earn tax. But they know that Bitcoin was invented so no one could control. Therefore, they change from control method to regulation method. Everything will be fine.  Grin






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October 22, 2017, 11:13:33 PM
 #154

Government regulation will not affect Bitcoin in any way because Bitcoin is decentralized. The network is and so are the users and miners so there is no stopping it.

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October 23, 2017, 03:06:29 PM
 #155

Year ago, the question of the status of the Crypto currency was based on a disappointing dilemma: whether to establish an administrative or criminal legal prohibition on the turnover of crypto-currencies. Now government strategy has changed radically: the legislator and regulator are inclined to consider in the cryptocurrencies a new and very promising direction in the economy, rather than a marginal currency surrogate in the shadow sector.
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October 29, 2017, 03:21:38 AM
 #156

I think government regulation is not so important in the world of crypto. Without interfering from the government, crypto continues to run and take place. But if the government supports the crypto it will add a positive influence, especially in the economic field.
if there is a government regulation about bitcoin then this is bad news for bitcoin users because they will be in tax income based on every activity of transaction made

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October 29, 2017, 03:30:27 AM
 #157

whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
in my opinion will have a negative impact because every government regulation on the economy is inseparable from income tax, then we have to pay tax every income we get from bitcoin.
it would be better if the government did not give a rule about bitcoin.

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October 29, 2017, 03:35:09 AM
 #158

Governments can attempt to regulate it and set rules in their country but the great thing is it's your choice to follow them or not. No one can force you to. I wish them good luck on their regulating of bitcoins haha.
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October 29, 2017, 03:36:06 AM
 #159

if the government provides a rule about bitcoin then we must obey the rules, because as a good citizen we must obey the rules that exist, although it is difficult to go through it

megynacuna
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October 29, 2017, 04:47:54 AM
 #160

if the government provides a rule about bitcoin then we must obey the rules, because as a good citizen we must obey the rules that exist, although it is difficult to go through it

Well then i guess you don't know why bitcoin came and why you're  even here in the first place. Btcoin was created to liberate us from the hands of some of these government decisions and central control of our finances so that we can individual control our own funds like we have our respective banks at home and so if we allow these government interference then they are going to tell us that they will now regulate it's flow in the market  like the central banks to fiats and gradually they will take over.
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