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Author Topic: Need bitcoin control?  (Read 1370 times)
basobulat
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November 12, 2018, 12:22:37 PM
 #61

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 fact is that bitcoin cannot be controlled like a cryptocurrency that has a developer and is very vulnerable to manipulation. and if every government would legalize crypto and adopt it bitcoin would still be number one in every trade.

levvv
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November 13, 2018, 02:52:44 AM
 #62

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?




It may happening in the future, but even all countries have their own cryptocurrency, bitcoin will be the global cryptocurrency to pair with their's.
Peoples will keep trading with their bitcoin to buy another cryptocurrency, just like now the volume of btc is the most in the exchange market.
So, it won't contradict with bitcoin as a decentralized currency.
StarFeederTopMider
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November 13, 2018, 06:36:36 PM
 #63

Of course, you can not give Bitcoin full control over the cryptoindustry. Otherwise, a banal departure. The departure of a large number of Satoshi could bring down the market.
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November 13, 2018, 06:40:27 PM
 #64

Cryptocurrencies are decentralized, and cannot be controlled, but regulations made by countries or the world can regulate the stability of crypto development.
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November 13, 2018, 08:32:37 PM
 #65

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?




What makes you think Bitcoin is a decentralized system?

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sultanGol
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November 13, 2018, 08:55:22 PM
 #66

Not sure, they truly going to create these national cryptocurrencies, but if they do, surely they want to control it. And in that matter it would differ from Bitcoin a lot. Cryptocurrencies must be out of government control in my view.

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November 13, 2018, 09:04:34 PM
 #67

Control only harms Bitcoin, because any control is also an interference with the functioning of the system, which was created as relatively free. In addition, I do not see the area for control by the state authorities, since neither the extraction nor the turnover of cryptocurrency depends on them.

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andigentho
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November 13, 2018, 11:30:14 PM
 #68

maybe this happens in the future every developed country will create its own cryptocurrency. and certainly a lot in opposition to the current Bitcoin system, and there must be countries that control cryptocurrency. Hopefully, it can bring peace to the future.
mutrang23
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November 13, 2018, 11:41:18 PM
 #69

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 creation of a single currency for a country needs the stability of its currency in exchanges so its value will not change. In contrast, Bitcoin constantly changes to make things better when it comes to attracting more venture capitalists, so why should we worry and control it?
White Christmas
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November 13, 2018, 11:44:49 PM
 #70

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 fact is that bitcoin cannot be controlled like a cryptocurrency that has a developer and is very vulnerable to manipulation. and if every government would legalize crypto and adopt it bitcoin would still be number one in every trade.
I agree, even there are new coins that arise in every country, I always see that bitcoin will be on the top of it. Its like it was the head of all thd cryptocurrency we have now. I can't see that it would be controlled as it was decentralised no one can control it even the government and bitcoin doesn't need anyone who can control them.



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November 13, 2018, 11:48:55 PM
 #71

Maybe it needs control to some extent..
waterman
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November 14, 2018, 12:05:18 AM
 #72

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 do not think that countries with a strong currency like Germany or the United States or the United Kingdom will make their own cryptocurrency, that is just dumb I mean they do not need it but if talk about countries with big economies and weak currencies like India or Brasil I am willing to bet that you are right they will try to make some kind of crypto coins and try to control the market

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November 14, 2018, 12:20:14 AM
 #73

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?





Won’t one, global currency make more sense though? It’s digital, so it should be feasible, right?
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November 14, 2018, 02:20:45 AM
 #74

Just let the government in each country make coins with their respective currencies because the system will remain decentralized so that even if they make their own coins they will also not be able to control the coins they make.
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November 14, 2018, 02:25:21 AM
 #75

If each country will make their own crypto, it will not be decentralized. Ofcourse the government will make it centralized. The idea of being decentralized defeats the idea of banking and centralization. That's why most countries are banning bitcoin.

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?



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November 14, 2018, 02:40:20 AM
 #76

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?

No it will not because if it happen that each developed country will create their own cryptocurrency it will be designed the same as with bitcoin but it could be modified for the good of the investors or its clients. Security is the issue here that if one country creates crypto then one must prioritize security of the investments. This maybe will twist the bitcoin idea but as we all know that bitcoin system has more challenge and this challenge might be attained by other crypto that will be introduce.
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November 14, 2018, 05:05:13 AM
 #77

I don't think it's necessary. If the state and the government fully control the cryptocurrency, then they will lose their basic character which is decentralized. Bitcoin should indeed be fully controlled by the holder, not the state and centralized government. If bitcoin is fully controlled by the central government, the holder will not be free to make transactions without a third party
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November 14, 2018, 06:03:45 AM
 #78

bitcoin does not need anyone to control it because if someone can control it, the bitcoin will cool down its decentralization
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November 14, 2018, 06:35:51 AM
 #79

I mean absolutely fair, we have seen some countries try to make some kind of electronic money. In fact, Bitcoin and other electronic money will be financially difficult to control
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November 14, 2018, 06:43:59 AM
 #80

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?
Not sure the government will control bitcoin, even though they plan to release their own crypton but I'm sure they will follow the workings of the crypto world that cannot be controlled and let it move according to demand.

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