Leyss
Member
 Offline
Activity: 574
Merit: 12
|
 |
April 12, 2018, 05:40:25 AM |
|
In opposition to the crypto currency, governments will definitely benefit, because they have powerful levers of control and coercion, which have been formed for centuries. Decentralized crypto currency must go in a society governed by governments. Therefore, the rules of circulation for crypto currency will be set by them. Crypto-currency should not be too much of a conflict with governments, but one should not concede in matters of principle. As always, the golden mean must be observed.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
In order to achieve higher forum ranks, you need both activity points and merit points.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
glaciercapital
Member
Offline
Activity: 145
Merit: 10
|
|
April 12, 2018, 05:45:06 AM |
|
In opposition to the crypto currency, governments will definitely benefit, because they have powerful levers of control and coercion, which have been formed for centuries. Decentralized crypto currency must go in a society governed by governments. Therefore, the rules of circulation for crypto currency will be set by them. Crypto-currency should not be too much of a conflict with governments, but one should not concede in matters of principle. As always, the golden mean must be observed.
At the moment I believe the answer is yes, but over time decentralized cryptocurrency will become much larger than global governments and there will be a true alternative for people that want to take money out of the current controlled system. |
|
|
|
|
Dudeperfect
|
|
April 13, 2018, 05:22:39 PM |
|
Obviously no but since we don't have unity as of now and the volume of actual user base actively supporting decentralization is very low as compared to that of supporters of centralization. This is the biggest obstacle when it comes to advocate centralization on a bigger scale but I am happy with the growth rate so far and I believe that we will see a united group of people actively coming together for the betterment of decentralization. Bitcointalk forum is one of those noble efforts.
|
|
|
|
|
Notcalculator
Member
Offline
Activity: 196
Merit: 12
★Bitvest.io★ Play Plinko or Invest!
|
|
April 13, 2018, 05:38:28 PM |
|
If they really wanted to, they could. But really allocating the resources to do so would be pointless. If regulated correctly, btc could be beneficial for both government and its citizen. Additionally a single government wouldnt be able to do it. There has to be inter government cooperation.
|
|
|
|
THATBTC
Newbie
Offline
Activity: 98
Merit: 0
|
|
April 13, 2018, 05:43:09 PM |
|
The direct answer will be "NO" but giving it a second thought considering the recent "hammer dropdown" will create an impression that government is really winning the fight.
The price of Crypto has been dropping due to government dropping "an heavy hand" and interference in the crypto world then followed by the biggest social media like Google, Facebook, Twitter.
That's sad...
Will they succeed?
What are your thought?
Yes, but this is only because people are still afraid to invest in btc or cryptocurrencies, due to the possibility of losing their money when the government tries to punish this |
|
|
|
|
|
audaciousbeing
|
|
April 13, 2018, 05:51:35 PM |
|
The direct answer will be "NO" but giving it a second thought considering the recent "hammer dropdown" will create an impression that government is really winning the fight.
The price of Crypto has been dropping due to government dropping "an heavy hand" and interference in the crypto world then followed by the biggest social media like Google, Facebook, Twitter.
That's sad...
Will they succeed?
What are your thought?
Government today no doubt possesses some high level of imaginable powers that can make anything go away if they so wish but this power is not absolute as they have to justify the use of this power. The simple truth is that all of this powers were given to them by the people or assumed to be given to them by the people and only the giver of such powers can actually retract such powers. Today we have seen excesses of government but because they have been able to influence some people and make them see things in their own way it makes it difficult to call such to questioning. On the issue of decentralization, concluding that they would lose or win would be to the extreme which is not right but my thought for or against would be on one condition which is if the majority of the people allows them. |
|
|
|
|
royalbittinz (OP)
Newbie
Offline
Activity: 382
Merit: 0
|
|
April 13, 2018, 06:26:28 PM |
|
I think a coordinated government effort to shutter cryptocurrency could send the remains of the crypto-world underground, the question in my mind is if there is enough support for crypto right now that will force government to accept and regulate crypto instead of trying to shut it down.
True. A well coordinated government can make cryptocurrency become almost nothing but the thing there is that not all government is against cryptocurrency, that's why they still some level of influence. |
|
|
|
|
|
brickafterbrickwalldpt
|
|
April 13, 2018, 06:31:22 PM |
|
Governments will continue to try getting rid of Bitcoin. Cryptocurrencies decentralised nature helps them to survive ban attempts. It will be impossible for them to ban Bitcoin nodes, it is not possible to cut off trafic to them. I think that cryptocurrencies will win, more and more famous people are getting seriously into Bitcoin and I think the won't Bitcoin be banned completely. Cryptocurrencies will eventually replace fiats but it will take a lot of time since governments will continue to fight for a long time. Fortunately, there are some countries like Japan and South Korea which will implement them.
|
|
|
|
Sazakan
Jr. Member
Offline
Activity: 82
Merit: 6
|
|
April 13, 2018, 06:33:30 PM |
|
A single government - not so much - united government, potentially. Most of all, many companies have an interest of their own to work together with the government and compromise a bit to make their dealing more secure on a legal basis.  |
“Three may keep a secret, if two of them are dead.” ― Benjamin Franklin
|
|
|
BTCappu
Member
Offline
Activity: 516
Merit: 38
|
|
April 15, 2018, 10:12:15 AM |
|
The banning of Crypto currency advertisements did not impact on the decentralization of Bitcoin. We still have the same amount of nodes and it even increased after these announcements. Yes, the price dropped a little, because some of the scammers were unable to advertise their scams on social media, but other than that, it is business as usual.
Governments are not going to stop decentralized crypto currencies by cutting off advertisement opportunities on social media. We still have other media and word of mouth advertising opportunities.
Besides, I think that it is already a way too late for such actions from the authorities. Already thousands of people are aware of bitcoin and they are going to spread the words now even if ads are banned. Nothing can hurt bitcoin and the more governments will go against it, the more people are going to hate government because public is well aware of the benefits bitcoin can give. |
|
|
|
|
