Need bitcoin control?

[sikkan]

I think bitcoin, if it becomes a legal tender, does need control to avoid illegal business practices and regulate the market.

[Morgania]

how to control. i don't understand anymore. can you explain me

[nerlial]

The original bitcoin idea can no longer exist. The idea could exist only when Bitcoin was not known worldwide.

[- ESPERS -]

           What would be the reason for each country to create their own cryptography currency? We are currently at the opposite pole, where many countries are trying to ban bitcoin or some other business. The governments of the countries want a currency they can control and manipulate as they please. Unfortunately for them, the crypto market largely uses a decentralized system, so it can not be controlled. Even if that were the case, Bitcoin would not suffer.

[Dana-pasar]

bitcoin needs to control what else is alcoin that has many types, crypto will be stronger if there is control in each country, because it will minimize fraud

[Leoeco]

I think No. because bitcoin is decentralized token!so it couldn't

[DavidTep1987]

Bitcoin is decentralised in a way that data are forwarded from a block to a block in the chain without the possibility for the whole system do get hacked and jeopardized. I don't know what will control bring to the coin, what kind of benefit and who will benefit out of it. If we are looking for it to be nationally accepted and supported by the governments, some kind of compromise will probably have to be made.

[CriptexExchange]

The possibility of a cryptocurrency is it's decentralisation and it's not practical to create a lot of coins. It really will contradict the idea of Bitcoin. The cryptocurrency will stop to be any different than a paper currency

[fianaindriati]

bitcoin needs to control what else is alcoin that has many types, crypto will be stronger if there is control in each country, because it will minimize fraud

now indeed there are quite a lot of circulating altcoins in circulation. indeed, every country should be controlled so that the outstanding altcoins can be better, and not carelessly in developing an outstanding altcoin.

[nizamcc]

I think cryptocurrency state control is no need. I read a lot of articles about the state control.
That it may help new investors to come in the crypto market. But it's just one opinion, right?
State control of cryptocurrency will be contrary to the idea of cryptocurrency.

[Valer4ik]

Talked and accurately raised the issue. What is the essence of the cue ball?

Why does he even need someone?

For me, this is an experimental value system with distributed consensus.

This is the greatest invention since gold became money.

I understand the despondency of those who first heard about the cue ball and the crypt at the end of the 17th beginning of the 18th,

but those who remember 14 and do not know why he needs it all, just a clinic.

[H1N1]

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?

Although many countries will creating their own cryptocurrency, i believe when they want to trade with other cryptocurrency, they will need
to convert their crypto to bitcoin first. Bitcoin is a global and international cryptocurrency, everyone can use it unlike national currency (their own crypto). So, it won't contradict if there are many countries creating their coin.

[HandSilver]

but do you think anyone can control this

[bitbunnny]

I don't think that new cryptocurrencies that appear all the time endanger Bitcoin idea or Bitcoin itself. It's the free market. Although I beleive that Bitcoin will always stay some referent value for all other cryptocurrencies
As far as control is involved, Bitcoin is decentralized and will so. Nevertheless, I think that we need some kind of regulation that will give Bitcoin some legitimate nature and involve it formaly into economy system.