Futureglory
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November 22, 2018, 05:58:36 PM |
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It will never be of any use when all nations create their own cryprocurrency and I actually do not see such thing to come and as such if that be the case then things will fall apart as we see a lot of national currencies just at the mercy of the US dollar. And if it possible bitcoin will still be the control of all crypto market.
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levvv
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November 23, 2018, 01:58:25 AM |
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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 think it is not they are controlling bitcoin, but they are regulating bitcoin usage. When a country wants to legalize bitcoin usage among their peoples, the government will need to regulate btc, so there won't be any peoples using btc for bad purpose like scamming, or steal other's in their country.
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sudeshkumar
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THE ENERGY EFFICIENCY PROTOCOL
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November 23, 2018, 02:13:16 AM |
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Decentralization and the decontrol with blockchain technology are the main features of the cryptocurrency market and the root cause of the emergence of the Bitcoin ,imposing control means to destroy its basic features.
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NelfiNovita
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November 23, 2018, 05:14:58 AM |
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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 in the future developed countries are able to create crypto currencies themselves, this will certainly affect the existence of bitcoin, and allow bitcoin to weaken because of this. but that can all happen if the new crypto currency has the criteria and multifunction like bitcoin, if not bitcoin cannot be defeated.
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memecoin
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November 23, 2018, 06:03:30 AM |
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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?
In my opinion, creating new coins is not necessary. Because the current bitcoin has stabilized and we need to upgrade it to keep up with the times, instead of creating new coins that are deemed safe then missing .
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bdc2343
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November 23, 2018, 06:18:33 AM |
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Bitcoin control is necessary but those who believe bitcoin go high that not happy with when it in control
Me too, I also do not quite trust the bitcoin will be controlled, may be like the bank but so money can be guaranteed. I believe choosing investment BTC is due to the decentralization, I do not want the BTC to be controlled, even in the future .
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SUDARMONO
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November 23, 2018, 06:27:17 AM |
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I think this is very contrary to the purpose of bitcoin, because we know for ourselves that the purpose of bitcoin is to be decentralized without government regulation.
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Zadeket
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December 04, 2018, 07:32:39 AM |
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It will never be of any use when all nations create their own cryprocurrency and I actually do not see such thing to come and as such if that be the case then things will fall apart as we see a lot of national currencies just at the mercy of the US dollar. And if it possible bitcoin will still be the control of all crypto market.
Of course anyone cannot control or control the price of bitcoin to become a reference for altcoins. All independent cryptocurrency, depending on the market, will move up or down. The government cannot intervene, but can make regulations that limit the area where bitcoin can be used, an explanation of the business fields that bitcoin can be used as payments, etc. The aim is that as a payment instrument, Bitcoin has legal certainty.
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Belec
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December 05, 2018, 09:11:41 PM |
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Yes, bitcoin control is necessary, it would help in a lot of things, such as trade, it would be much safer, and that bitcoin was safer to attract new investors, so bitcoin would progress.
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kavindra
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December 05, 2018, 10:07:43 PM |
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No matter if every country creates its own custom digital or crypto currency, it is good for the improvement of crypto currency. It will not affect Bitcoin because all we know that Bitcoin was created for p2p transactions. The holders are free to do transactions anytime they want, and the price is not controlled or influenced by any institutions. The price is depending on the holders.
However, there are many opinions that say bitcoin is probably becoming more secure when it is controlled by government or other entity. That is probably true, but it breaks the aims of Bitcoin which decentralized system.
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a4techer
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December 05, 2018, 10:23:31 PM |
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I don't think that government take control the cryptocurrency because I doubt that every country creating own coins? As of now not all country accepting cryptocurrency but we hope they also embrace and accept it for us to easy to transact. We don't need government to control cryptocurrency but we need government set an rules and regulation in terms of transaction for us to avoid scamming and any illegal transaction.
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Raidal
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December 05, 2018, 10:44:20 PM |
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By looking at the price of crypto currencies which have deteriorated throughout the year, I honestly choose if we recommend that only bitcoin and other crypto currencies be controlled. When this crypto currency is controlled, the price of the crypto currency can be more stable and regulated. But I am sure this will change the existence of crypto currencies as decentralized crypto currencies. But there is nothing wrong if this decision is considered so that we can get certainty. With the price of ups and downs and full of surprises this makes us just wary of betting on losses. We are risking ourselves at great risk because the prices in the market are very shocking and can change drastically. As a crypto currency player, maybe some people still want crypto currencies to be unregulated but if the conditions drag on and on it decreases then maybe becoming a centralized system is a more appropriate decision.
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CryptoGosu
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December 05, 2018, 10:50:43 PM |
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I think that cryptocurrencies claim to be an industry with big money. Therefore, I am not surprised at the news about regulation. The regulator wants to control everything related to big money.
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kimpena
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December 05, 2018, 10:55:09 PM |
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Cryptocurrencies are decentralized, and cannot be controlled, but regulations made by countries or the world can regulate the stability of crypto development.
yes, bitcoin and crypto need regulation to control security, transactions, and every crypto growth.
I agree but when it comes to the price of it, cryptocurrency will never be control or must not be control by anyone. In fact it was one of the main reasons why people like. Cryptocurrency because it is decentralised. Rules and regulations are depends to the government in every country.
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Bonsaiav
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December 05, 2018, 10:56:49 PM |
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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 you think is very similar to what I thought before, until now this thought still plays in my mind. Maybe everything will conflict with the idea of bitcoin created by Satoshi Nakamoto, except the blockchain. As we know, most countries are more likely to reject bitcoin as a payment method, but most of them are more interested and accepting to learn and develop blockchain technology, even they have dared to adopt and implement this technology, for banking, finance and industry they. Thanks to blockchain technology, they are easy to carry out their actions in forming their new version of cryptocurrency, but the crypto nature they create may not be decentralized (having control from the authorities), if this happens in the future, most people will automatically trust him more. Well, this is what makes us afraid, if in the end they will get rid of bitcoin by force.
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acholagi
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December 06, 2018, 01:45:42 AM |
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IMO, what is important about the existence of bitcoin is the mass adoption of blockchain technology, please consider if developing countries adopt currencies other than their countries that have a high level of volatility, of course it will risk the survival of the country therefore, they prefer to use blockchain technology from bitcoin and that is no problem in my opinion
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zoeylee
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Semi-Decentralized Exchange
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December 06, 2018, 02:04:59 AM |
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In my opinion, as bitcoin itself is decentralized it has note not been regulated by any government. But, I think it must be control in order not to misuse any transactions.
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kucritt
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December 06, 2018, 03:19:36 AM |
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if any country create their own cryptocurrency, it is not possible. why? we can see that tevery county have their own currency, like USD, GBP, EUR, and anything else. maybe if there are cryptocurrency in every country, it value is same with their loca currency but with blockchain network
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manfredmann
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December 06, 2018, 03:25:58 AM |
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I saw a collapsing system of bitcoin for it has a long bear market now since July I guess where crypto has good market price. Besides, government could also not adapt a system that it is already falling. Probably if cryptocurrency will endure then it has a possibility that developed country will create their own crypto system.
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boyptc
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December 06, 2018, 07:05:25 AM |
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It's simple, those crypto's that will be provided by the government are centralized.
There's a lying body that will control its center and they can predict and manipulate the market, value and its supply. In this case, we are here for bitcoin's decentralization because no one is in the middle of it.
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