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Author Topic: Need bitcoin control?  (Read 1370 times)
burky155
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November 07, 2018, 05:49:00 AM
 #21

If all the countries would have their own currency in crypto business it would be something bad and ugly. We are talking about the decentralization here, our dream is maybe one day we have only one currency and the world would come together. I am disagree with that. We have enough coin, the goverments never need to make their own coins, never!

nicster551
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November 07, 2018, 09:53:16 AM
 #22

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?




If thing were so decentralize there would still be bad things that can happen. Of course when currencies go decentralize I know that a lot of people will be free to take good care of their own funds, but what if there would be no banks? Who would give us loans?
vernl
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November 07, 2018, 09:59:31 AM
 #23

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?




If thing were so decentralize there would still be bad things that can happen. Of course when currencies go decentralize I know that a lot of people will be free to take good care of their own funds, but what if there would be no banks? Who would give us loans?
How about personal loans? Have you try one of them ? I know it still exist in real life and maybe the payback is a little bit higher than bank but it's easier to get a loan from them right ?
Of course in case you will payback that loan not scam them.
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November 07, 2018, 10:29:50 AM
 #24

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?
Whenever the government get control over cryptocurrency or develop its own country cryptocurrency, then the system will no longer be call a decentralize system rather a strict centralize one and the idea will no longer represent Bitcoin rather a contradiction of it. Candid speaking, the government shouldn't be given the control over cryptocurrency as their control will destroy the real theory of Bitcoin.

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seramania
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November 07, 2018, 10:34:04 AM
 #25

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?



the state needs to establish control over this, I think this is a possible thing to do to anticipate the surge in crypto coins in each country. we know that sometimes it is difficult for a country to limit crypto coins so the limitation of bitcoin is the main choice.

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November 07, 2018, 10:44:40 AM
 #26

It may be possible but for now we must work to make cryptocurrency globally accepted first. This will increase the market base of the crypto and improve the price as the demand increases. The beauty of the crypto is the decentralization of which if taken away from it will make it to be ordinary fiat. The issue of governments creating their own crypto would have been a welcome development but it will control the crypto and then there will be no difference.
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November 07, 2018, 10:52:12 AM
 #27

To regulate bitcoin means it is a serious and very important matter to talk about and solve the necessary issue. To control bitcoin must have confirmation from other countries who were partners with bitcoin programs. Still I am doubtful if bitcoin will become centralized which it is decentralized.

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November 07, 2018, 11:14:03 AM
 #28

To regulate bitcoin means it is a serious and very important matter to talk about and solve the necessary issue. To control bitcoin must have confirmation from other countries who were partners with bitcoin programs. Still I am doubtful if bitcoin will become centralized which it is decentralized.
I think if bitcoin can never be controlled by any party, if bitcoin is controlled by certain parties means that bitcoin is not decentralized

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November 07, 2018, 01:39:50 PM
 #29

there are currently many digital currencies in the country. but all don't use blockchain technology. I think, in the future digital countries will adopt blockchain technology but with a controlled system. while Bitcoin will continue to run on its ideas. and that is a complement to the world currency.
giantrobot
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November 07, 2018, 02:12:17 PM
 #30

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?




Yes, the Blockchain technology developed requires the use of electronic coins. Bitcoin has some non-conformities with governments so it is banned in some countries. And with Altcoins it has too many coin garbage, will not be useful. So, countries need to develop their own electronic money to meet the needs and requirements of the government.
gamechangers
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November 07, 2018, 02:21:51 PM
 #31

This may not really happen but if it does, then it won't be anything to worry about because a government's cryptocurrency cannot be fully decentralized which will still contradict the motive behind the development of bitcoin. Such development will not affect bitcoin in any way.
AlexVoron
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November 07, 2018, 02:42:09 PM
 #32

I think that cryprocurrency will be prosper! And I am sure that they I will remain and decentralised currencies which will be popular as well. I think that they will not prevent one another. Smiley
Snyderfx2
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November 07, 2018, 04:31:53 PM
 #33

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?




Government backed cryptocurrencies will be very successful in many ways if actually they decide to introduce but if we consider about the decentralized nature and other qualities there won't be a big different between traditional fiat currencies and government backed digital currencies except for the intangibility and other few benefits

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November 07, 2018, 04:36:21 PM
 #34

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?


Control is needed only in terms of Bitcoin price manipulation in the market, since there are many interested in this segment.

Bitcoin exit can contribute to this along with other assets of the stock market.
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November 07, 2018, 04:41:01 PM
 #35


For some countries, they want it because they want to control the bitcoin market to contain its boom, possibly bitcoin bubbles, for example.
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November 07, 2018, 04:43:13 PM
 #36

If indeed a country will produce its own cryptocurrency, I dont see which purpose they will be making it since they already have their own local currency, there is no substitute currency, if so one will be weakened and the other will be strengthened. So what will be the use, better change the currency at all than to play with the two. There will be no point of comparison between local government cryptocurrency and bitcoin. Both will not have the same features.

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worldofcoins
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November 07, 2018, 04:52:30 PM
 #37

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?




I suppose this idea is one of a middle ground but I will be concerned about losing the decentralisation and independency established by BTC. AT the same time, I recognise the need for a government supported coin. We should be more explorative as to what the different options are.
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November 08, 2018, 03:20:17 PM
 #38

In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?





National cryptocurrencies can never contradict the idea of bitcoin because they will not become decentralized in any way which is a main quality in bitcoin that is no individual or an organization has the authority over its actions so national cryptocurrencies and bitcoin means two different things even both are digital currencies

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November 08, 2018, 03:35:33 PM
 #39

if all countries accept crypto, then clearly the country will have rules governing it because this will make bitcoin decentralized in that country and the currency of a country will disappear with the presence of bitcoin.
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November 08, 2018, 03:51:56 PM
 #40

No I don't think it is necessary because even now we see many alternative cryptocurrencies in the world but none of them has the ability to make a considerable amount of effect on bitcoin and its success so how future cryptocurrencies that are made by governments can make an effect and that is why it is not necessary control bitcoin   

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