bparkash09 (OP)
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March 25, 2018, 06:22:59 PM |
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The the government of some countries are against the Bitcoin and some are ready to adopt Bitcoin. So what would effect on btc if any government approv the Bitcoin is a legal tender.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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nedeken01
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March 26, 2018, 08:47:39 PM |
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Bitcoin will be the ultimate ruler of the currency world, there is doubt about that. Already so many developed countries are promoting bitcoin and if any government approve Bitcoin is a legal tender, that will be that best decision ever for their currency as bitcoin makes both investment and transaction easy.
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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March 26, 2018, 08:49:07 PM |
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don't get why adoption or not by certain governments has anything to do with the title of the thread.
btc is decentralised at least compared to most other crypto projects.
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Indrawan77
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March 26, 2018, 11:11:34 PM |
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Actually the best one will be decentralised where no one could controlled bitcoin, and all of the price is based on the market, this is why bitcoin was created, but now there are some interference by the government, there are good side and bad side, the good side is when btc is legal then it will be easily adoptedand we can see bitcoin being accepted every where and people not afraid anymore to invest, it can increase btc price, the bad side is we will lose the anonymity, we will be force to reveal our identity if we want to used btc
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Fire316
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March 26, 2018, 11:21:29 PM |
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Decentralized is the best in crypto that's what the reason behind why it was created to give us freedom from government and to be anonymous. In decentralized form of crypto there is no single authority can control us. But if it will become Centralized crypto will be controlled by the government and we need to pay tax,we need to follow the rules and regulation implemented by the government,and we can't hide our identity,it will become visible and crypto will lost the nature of anonymity.
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Weeko
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March 26, 2018, 11:42:03 PM |
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The the government of some countries are against the Bitcoin and some are ready to adopt Bitcoin. So what would effect on btc if any government approv the Bitcoin is a legal tender.
Everything happens like this: first, the state tries to completely ban crypto-currencies, and when it realizes that it is impossible to find a compromise, something like that |
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jaymor11
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March 26, 2018, 11:49:43 PM |
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For me , Decentralised is the best one, although both Centralised and Deccentralised aren't perfect, both of them have good and bad side, but the best one is decentralised because no one could control your bitcoin, and if the bitcoin was legal in all countries most people would invest confidently it builds more trust to people,and bitcoin will become visible and crypto will lost the nature of anonymity.
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abelmon66
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March 26, 2018, 11:59:00 PM |
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If any government agrees and wants to adopt bitcoin, it will be a very good thing and will increase the bitcoin price increase, and I love to hear such news.
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Manoharachan
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March 27, 2018, 12:04:21 AM |
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There are conflicting issues that agree and some disagree that something natural happens, and if any government adopts bitcoin as a legitimate payment tool, I'm sure bitcoin prices will soar up and down.
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Ausgewielt
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March 27, 2018, 12:38:54 AM |
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The the government of some countries are against the Bitcoin and some are ready to adopt Bitcoin. So what would effect on btc if any government approv the Bitcoin is a legal tender.
We already have centralized currency that only controlled by governments then we don't really need other types ofsuch currency. Decentralization in currency is good idea, it means that the power will move to each of its users. So far many countries that keep usd as a reserve currency but the effect is usd become to strong and america can affect the world economy condition. |
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Sudarmoon
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March 27, 2018, 12:53:12 AM |
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When that happens it will be very good news and it is very profitable for bitcoin owners, and if more countries are adopting bitcoin it is certain that bitcoin will rise even higher.
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rsrb
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March 27, 2018, 05:01:56 AM |
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Approval from Governments will be the biggest step for Crypto to be mainstream currency. Approval will not only bring attention towards Crypto, it will also encourage big organizations and a lot of people to have faith on Crypto. Scopes of Crypto will be extended tremendously.
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chalbinov
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March 27, 2018, 02:04:42 PM |
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Centralizing the decentralized changes the game. So therefore changing the nature of the crypto isn’t actuality adopting it for what it is, it’s more like bending it to a governing party’s rule to make something that can be regulated and taxed. What would this look like? You would have certain crypto approved for use, that will be somehow trackable, traceable and taxable accordingly. Is this even crypto anymore? While other forms of unapproved crypto would still remain available and remain truly decentralized.
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hispout
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March 31, 2018, 09:21:23 AM |
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There are conflicting issues that agree and some disagree that something natural happens, and if any government adopts bitcoin as a legitimate payment tool, I'm sure bitcoin prices will soar up and down.
So far, we have only seen the decentralized nature of the crypto currencies and that we don’t know how the crypto market will behave at time we will be experiencing the centralized nature of the crypto coins. However, I personally think that it will be much better if crypto coins stay the way they are and that they don’t go for getting their centralized nature as it will make them under the control of the government. |
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jmlona
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March 31, 2018, 09:24:35 AM |
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A government approving bitcoin is not akin to it becoming centralized. Any major government coming out right now and making a bold positive statement about bitcoin would be very good for the price and could snap us out of the bear market that we are in.
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JerryJam
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March 31, 2018, 09:56:01 AM |
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Now centralized cryptocurrency exchanges are becoming more and more widespread. But they are more likely to be attacked. Due to the high value of assets and the lack of proven practices.Compared to securities.The principle of centralisation implicit in the basis of these exchanges contradicts with the very fact of the decentralized blockchain.For these reasons, decentralized exchanges attract the attention of developers and investors.They are concentrated in the Ethereum ecosystem.Smart contracts are safer than centralized exchanges.But this is not the only reason why we prefer decentralized exchanges.Users prefer speed, low transaction costs and no market manipulation.
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Best Dreams
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April 01, 2018, 02:54:52 PM |
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A government approving bitcoin is not akin to it becoming centralized. Any major government coming out right now and making a bold positive statement about bitcoin would be very good for the price and could snap us out of the bear market that we are in.
It is the reality that our government is taking good interest about bitcoin currency now as they get to know what benefits they are getting from crypto currency every year, if new countries like Japan and the South Korea will accept bitcoin then, it will be more established and more stronger than before, we can take part in bitcoin centralization by helping our government or we can make posts about it, to force our government to give us our right in crypto currency, but I think bitcoin is an independent currency it is decentralized for now. |
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gambitcoin53
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April 01, 2018, 03:06:04 PM |
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The the government of some countries are against the Bitcoin and some are ready to adopt Bitcoin. So what would effect on btc if any government approv the Bitcoin is a legal tender.
Of course, the effect would be drastic, if bitcoin will be worldwidely accepted, the demand would increase, and we will see that the market will reach unimaginable spike on bitcoin price, lucky are those who hodl bitcoin, being it legalized would mean good news for the sellers, i cant imagine how much will the price be. |
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joshua05
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April 01, 2018, 03:11:41 PM |
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of course decentralized is the best because no one controls your money, tokens, or bitcoins, and no one can ever find out your transactions, because no one can access your transactions and of course your account itself, dont ever choose centralized wallet
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eijikaido11
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April 28, 2018, 03:34:07 PM |
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Decentralized is owned and controlled by the participants so there is no central corporation that has custody of customer deposits. The control of the money is always in the hands of the users since the network uses a P2P network architecture. Transactions occur between peers in the network by means of smart contracts which can only be controlled using the private keys of the participants. Users control their private keys as well as their funds at all times in a decentralized exchange.
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