WHAT IF the GOVERNMENT wins over BITCOIN?

[Faxmate]

now the technology can not be defeated in any way, progress will not be stop, crypto anarchists will not allow the state to control bitocoin

For sure you are right because bitcoin is an independent currency and no system and no government can take the command over bitcoin, today people are investing bitcoin but they are making high investment with time bitcoin is being more independent. I think right now there is no involvement from the side of government but as much as time passing bitcoin will increase and just like some countries bitcoin will be legal but it will not affect the price and the value of bitcoin at any cost.

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[RondoAnyar]

if the government wins for bitcoin I think the government would have greater authority access to regulate bitcoin use and maybe the government could apply taxes to bitcoin owners and more worries the government could at any time close bitcoin

[1BTC EQUALS 1CAR]

That is what I'm really worried about. They have the power and authority to do what they want and manipulate people that they are doing the right thing. Our only allies are those countries who are in favor of decentralization so I hope they will dominate those anti-btc countries.

[luluninho]

it never will

[tidus_13]

now officials are afraid of the "effect of Viagra." Viagra was invented accidentally when developing a formula to strengthen the heart muscle. Similarly, the crypto currency was created for the global market as a means of payment, but received an excellent platform for the financial pyramid. Now this is not a means of payment, but an investment tool, and many do not understand what it is, but they want to earn money. The regulator will not do anything that could contribute to the growth of such a pyramid

[sicnarfkswiss]

Then that would be the saddest crypto news ever, But I dont think the government will win over btc. The only way for them to win is to unite each country with regards to bitcoin. Unity is far from reality. Im not saying that unity is not good what I am telling is that to unite against crypto is the worst thing ever.

[BCTBF]

Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.

I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).

So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.

This is not an advice. It's simply a shared idea.

How about you? What do you have in mind?

Although the government is winning over bitcoin, I'm sure the government only issues a ban on cryptocurrency, the government can not control the price of crypto, because cryptocurrency prices move on demand rather than the users themselves.

Yes, investing in physical property is the best way to benefit from the profits you have gained from cryptocurrency or opening your own business would be much better.

[dave111223]

How could the government win over something totally decentralized ? They could try to regulate but there would always be ways

[kiboloves]

Last year's market was really crazy, but ICO was called more fraud. This will bring some pressure to the government of every country, and indeed many ICO are bubbles, so appropriate regulation is necessary. Of course, I think the government will not easily ban the bitcoin trade, and there are many governments that hope to use this technology well.

[hitrawal91]

Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation.

I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible).

So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.

This is not an advice. It's simply a shared idea.

How about you? What do you have in mind?

Yes, I am aware of the 2018 year that it is going to be the major year for the cryptocurrency regulations and legality in major parts of the world. In fact, we should be taking this move in a positive manner and I firmly believe that by the 2018 year end we will be seeing bitcoin and other private coins to introduced and made legal in many parts of the world with some strong conditions and regulations which will be protecting us from scams and other fraudulent activities and by this way i am pretty much sure that Government winning over the bitcoin will bring the positive things for us.

[xraisers]

Nothing is impossible, however, they will try to regulate and control the number of bitcoins in the market, thus manipulating the price. This also may lead its price being less-volatile than before and relatively more controlled. Though there may be some negative implications, embracing bitcoin by the government may also bring forth a development that may enhance its system under the blockchain technology.

[Dmitriy02231]

The government can limit, but not win.

[crocozino]

if government will block and ban bitcoins, I guess we will loose, I mean by "we" general miners and traders
no doubts some part of crypto will go underground, but that will hard hit the price of btc
and a lot of general miners and public will forget about btc

[Ahimoth]

I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue.

it is understandable to be worried about what the government is going to do about bitcoin and what kind of regulations they are going to put in place, but at the same time i believe that it doesn't have to be against the "freedom" either. regulations can be good too, they can help the growth, they can prevent a lot of crimes and besides we are living in a world of regulations already. it is not such a bad thing to have it for bitcoin too as long as they are not ridiculous ones.

There is only so much that they can do. They may implement some regulations, but they can't totally take over bitcoin. Bitcoin was desgined to be decentralized. But they may have the power to ban bitcoin in their country. But they cannot change the system it was designed with. Because that is one main advantage of bitcoin. Freedom from authorities. 

[The_prodigy]

That is what I'm really worried about. They have the power and authority to do what they want and manipulate people that they are doing the right thing. Our only allies are those countries who are in favor of decentralization so I hope they will dominate those anti-btc countries.

i think it will never be, bitcoin has been their for about a years and government has no action about it, bitcoin will never be under the government, one of the good characteristic of bitcoin its anonymously is that matter so therefore i believe that it will never be happens, and if yes many people will look for a way so that they will earn bitcoin anonymously people will always finds a way.

[Babyfaceless]

If the government wins and starts regulating cryptocurrencies, then expect our earnings to considerably drop as it will mostly go to permits and taxes. One of the reasons I invested in bitcoin is to avoid unreasonable taxes in incomes. Now the government will be chasing us again about it.

[Pancheng]

Nothing but this, I hate to see Bitcoin fall under the management or control of government officials, not that I'm thinking they well place a lot of hell rules and laws and do's&dont's, and I hate more if they out tax over it in every movement of your coins and when you purchase tokens or coins I hate the tax go with it, I do love bitcoin to stay decentralized.

[cho99]

We can not talk about governments winning over bitcoin because there is no war or a competition between them . There is only some countries that believe that bitcoin trading is illegal and they want to make some restrictions about it , it's not a huge war against bitcoin and there is only few countries causing trouble for cryptocurrencies nowadays . So in the end there is no point to speak about who's going to win .

[Findingnemo]

Nothing but this, I hate to see Bitcoin fall under the management or control of government officials, not that I'm thinking they well place a lot of hell rules and laws and do's&dont's, and I hate more if they out tax over it in every movement of your coins and when you purchase tokens or coins I hate the tax go with it, I do love bitcoin to stay decentralized.

Yes bitcoin has many rules and regulations comming out next by next we cannot accept and move on with that so it need to change a lot and also it will be move to before stage and it will come back soon.

[RoftheN]

Ultimately, the best response to bitcoin is not to limit it, but to embrace the technology and try and work with it. Helping to create the future of cryptocurrencies with the users and developers would be a much smarter and more effective stance for governments and regulatory bodies to take. Here’s hoping they do.