IS THERE A WAY TO KEEP BITCOIN FROM GOVERNMENTAL CONTROL?

[rockyfeller]

Governments has government banks and has a law, they can't control bitcoin coz it's decentralized by holding bitcoin into a secured wallet, governments doesn't know everything what amount of bitcoin you hold. i believe in technology and we as well. bitcoin is going to be the most secured currency and digital asset that no one is holding except you.

[1715431871]

1715431871

[1715431871]

1715431871

[1715431871]

1715431871

[phr0stbyt3]

Trying to escape regulation isn't a good idea if you get caught things might turn up worse for you instead just buy any altcoin like zcash or dash , your address can't be traced and it's more a anonymous type of coin which was created to protect privacy , if not then use any bitcoin mixing site and keep doing it to avoid any regulations

[orka39]

Well the top post says it all about this site, but why would you really escape the regulation of the government in bitcoin, what if it is for the good? What if it is a sign that the government is accepting the future of the crypto currency?

Speaking of regulations, the Philippines are starting to regulate bitcoin and I think this is one of the recent examples that you need to read.

If philippines start to regulate bitcoin i think philipphines have quick and good move.
Regulation is not bad, but the control is very bad.
If regulated, bitcoin will become more valuable and easier to get bitcoin without hiding from government especially for government that banned bitcoin.

[Shamie1002]

Well the top post says it all about this site, but why would you really escape the regulation of the government in bitcoin, what if it is for the good? What if it is a sign that the government is accepting the future of the crypto currency?

Speaking of regulations, the Philippines are starting to regulate bitcoin and I think this is one of the recent examples that you need to read.

Yes, securities and exchange commissions are already talking about it but with no specific plans yet.

http://news.abs-cbn.com/business/11/21/17/sec-looks-to-regulate-cryptocurrencies-crowdfunding

I am a bit worried about this, as we experience today, even without the regulations yet it's already very expensive converting BTC to fiat. Remittances have very high fees. I am hoping that crypto will still be worth investing in especially for new investors.