WHAT IF the GOVERNMENT wins over BITCOIN?

[taxmanmt5]

Some government has already banned bitcoin but they never could stop.people from using bitcoin.People investing many ways of earning money.VPN is a popular way of using bitcoin and avoid government rule.Government really can't stop us using bitcoin.Also if we convert it to fiat then withdraw then government won't find us anyhow.So I think it's impossible for government to wins over bitcoin.

They will freeze and seize Bitcoin when they give the "ban order"

How can they freeze or Ban bitcoins ? Bitcoins are available online and anyone can access them. Even if government blocks the trading / online Wallets sites, people can still use VPN and remain connected with bitcoins. This is the main reason why no government has not been able to fully control or stop the bitcoin usage.

[DoublerHunter]

Some government has already banned bitcoin but they never could stop.people from using bitcoin.People investing many ways of earning money.VPN is a popular way of using bitcoin and avoid government rule.Government really can't stop us using bitcoin.Also if we convert it to fiat then withdraw then government won't find us anyhow.So I think it's impossible for government to wins over bitcoin.

They will freeze and seize Bitcoin when they give the "ban order"

How can they freeze or Ban bitcoins ? Bitcoins are available online and anyone can access them. Even if government blocks the trading / online Wallets sites, people can still use VPN and remain connected with bitcoins. This is the main reason why no government has not been able to fully control or stop the bitcoin usage.

We know that we can do that but it is risky for the bitcoin or cryptocurrency users to use VPN because they get caught then they might get into the jail which is not a good thing to experience so the other cryptocurrency users that are in the country that the crypto is banned, they moved out and choose other to live in other country which can help them to worry less.

[Gayidnvf]

Yes, now bitcoin is not in the best position due to the fact that the government is still in uncertainty. I hope that all the same our rulers will be reasonable and accept bitcoin.

[Sinecoin]

I definitely think some regulations that will affect the trading/investing aspects of cryptocurrencies will be put into place and they need to be put into place.  However, i dont see the U.S government actually regulating the use and capabilities of cryptocurrencies because it would be too hard to track everyone using crypto and those people can virtually make themselves 100% anonymous.

[brightology]

Bitcoin transaction or. Trading has nothing to do with government, beside government has not create adequate jobs for youth, Base on that government should face they challenges, beside bitcoin transaction on each country federal government has been benefited on transaction charges. With out smart contract, nothing like government. Bitcoin always win.

[Pier7]

If ever the government will win over bitcoin, i have no choice but to follow all the regulations they will imposed even with the tax deduction. I am into bitcoin because of the freedom it gives me, no more approval needed, no more papers to sign just to withdraw or pay money to merchants. But if it is for the betterment of the country then i will just abide.

[prismatica007]

will become a bitcoin addict, all that income is good 

[saruxanyan]

It just became literally digital money but with rules and regulations from the government. It defeated the purpose of cryptocurrency which is liberal money. But I guess we can say that the government may have a plan to regulate cryptocurrency and make it stable.

[zelenkova]

well the majority says that the governments can`t stop the crypto craze because of blockchain... but what I think is that we have to secure ourselves also with other investments as governments can be insane and do anything when you correspond with their interests.

[sashulya7979]

I do not think that governments want this, it is not entirely beneficial to the government, many governments themselves want to launch their projects and some of them have opened large farm minings

[alexsandria]

If Government will win against bitcoin. There might be a sudden change in the amount of bitcoin. For sure government will control or manipulate it.

If the government wins over bitcoin I think they would impose a lot of rules and regulations in their favor ofcourse and in the welfare of all the bitcoin users. But I don’t think they couldn’t have the fully-control of bitcoin.

[aiviaa485]

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?

this is just a trick of the government just so that Convensional Bank behavior.

because if Bitcoin is in the hands of everyone, then the Bank will not sell, and the Bank has no tax or salary for employees.

[patrickj]

The legislature has high supports however they are not sufficiently solid to direct the cryptographic forms of money in which the biggest group is bitcoin ,they can corrupt the esteem yet it won't go down until the point when it is useless well other than we have a whale amass prepared to hold the torment down.

[franciscoDC]

If this will happened im sure that they abuse it and they put tax on it. As like as you said and for your fear for that we don't know what will happen next with our money in the digital world, to prevent it to be gone be positive in all thing and make a research in all news about crpto`s/digital world in this process you can know what will happen in the near future in crpto world.

[cech makey1]

I think that If Government will win against bitcoin. There might be a sudden change in the amount of bitcoin. For sure government will control or manipulate it.

[kingofrogues07]

I think the current miner's fear of regulatory issues is a human fear because as miners who have spent a lot of money and heard bad news about Bitcoin, we will be worried, but as smart miners we must follow the news to the end and know what the contents of government regulations.

[Menawi12]

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?

It is true that we should investing our profits from cryptomarket in real investment in real world. Cryptocurrency market is very volatile and its very risky investment and we can not predict it, to make safe on our profits better spend it on other investment like properties, bonds, or maybe stocks. I think thats a good idea

[gandhe83]

I think if the government wins over bitcoin. This will inevitably lead to tight controls from the government, controlling every bitcoin activity.
And of course bitcoin will still retain its value, only the development and features of bitcoin will be constrained by government regulations.

[cryptojenna]

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?

Nobody- or government- can stop the Bitcoin network itself, that's the magic of decentralisation But it is well known that the powers that be DO NOT like the free transfer of funds away from their vested interest, hence the constant FUD cycles. But HODL and we shall avail!

[warning_btc]

Allways finds the enthusiast who still continuous using bitcoins nad government nothing cant to with this.
Speculative aspect only die