The fight against Bitcoin is coming. Are we ready?!

[drlukacs]

Recently Brett Sherman was nominated to chair of Investor Protection, Entrepreneurship and Capital Markets. He will surely have the power to influence bills that can get introduced into Congress. He has been incredibly anti-bitcoin and will surely try to pass bills that will stifle the growth of the industry. Also recently BIS head has been advocating Central Banks begin to use digital currencies for themselves. This will surely play out as a way to out-compete crypto.

https://www.bloomberg.com/news/articles/2019-12-05/bis-wants-central-banks-at-center-of-digital-cash-revolution

Discussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things?

I'm afraid bitcoin will soon plummet in the future if Sherman really taxes high on people who make money from bitcoin and ban crypto activities in his country. But there are some who think this will not matter much because China is one of the countries that hold the most bitcoins. Therefore, there will certainly be a decrease in bitcoin if there is bad news but letting bitcoin die is impossible. I just hope that Brett Sherman will not be too strict with crypto and not ban many activities for this decentralized market.

[plvbob0070]

Recently Brett Sherman was nominated to chair of Investor Protection, Entrepreneurship and Capital Markets. He will surely have the power to influence bills that can get introduced into Congress. He has been incredibly anti-bitcoin and will surely try to pass bills that will stifle the growth of the industry. Also recently BIS head has been advocating Central Banks begin to use digital currencies for themselves. This will surely play out as a way to out-compete crypto.

https://www.bloomberg.com/news/articles/2019-12-05/bis-wants-central-banks-at-center-of-digital-cash-revolution

Discussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things?

I think governments and authorities have no rights to stop the existence of crypto currency because of its users. Many companies and First World Country use the bitcoins and crypto coin to make a transaction so the result governments have a hard time to stop its existence especially in the near future because we are in the digital age now.

[Herry Toms]

I think it's not coming it is already happing if you can see all the corrupt politicians and bankers are against Bitcoin. And I think the people who are using and holding BTC has nothing to worry about because Bitcoin is not just a currency it a name of evolution.

[dimox]

bitcoin user will always stay calm and put their fund on it. how many and how famous people never make their desire gone, its like their soul take by bitcoin. every one will stay and use for bitcoin, because its very profitable for them, and no one know about the future

[Wysi]

How come flight with bitcoin still lower price and keep on $7k, where is prediction about bitcoin last October above $16k and on December will fantastic price up above $20k, always giving joke information about how to prediction with bitcoin and altcoin price. Next time I have enough with bullshit information giving advice about bitcoin price will go on to the moon and have higher price.

Yeah there are many so call expert advice which you can come across her in this forum wherein they will either make unrealistic predictions like bitcoin to moon and predict it to reach $100k or else the group will predict like bitcoin is bubble and it's going to go down under $5k. We need to stop believing in this bullshit and make our own call as per market situation.

[kaeluxdeuz]

I was reading the title to this forum and wanted to share something I noticed as i was browsing Bitcoin. Feel free to comment on this and let me know your thoughts perhaps. https://highworthcitizen.com/btc-may-hit-over-25000-by-2021-says-analyst-that-predicted-btc-to-6700/

[pawanjain]

It doesn't matter much in my opinion because bitcoin is meant to be evolved on it's own.
It doesn't depend on any external factors for it's price and hence even if anybody is passing bills or regulations for bitcoin, it will depend on the people whether to accept those regulations or not. Bitcoin will definitely not depend on any regulation to grow. It can grow without any external factors if it wants to.

[akirasendo17]

anti bitcoin or not, still they have shown interest on it, they are just delaying bitcoin purpose in the world, still no matter what happen bitcoin will be use on the bigger scale no one have ever imagine, the anti bitcoin is also just waiting for the rigjt price to be able to have it and control but sadly it will not happen, bit we musta all work together to achieved bitcoins and satoshi goal,

[shield132]

Banks are serious diseases that are always trying to cover every way of escape. It's funny how he is worried that Facebook will use it's chance by offering payment services. Btw I amn't afraid of what he is saying cause that means nothing important, he can't have huge influence.
If the central banks will begin to start using of digital currencies, they'll have to handle a lot of additional things that includes KYC documents but at the same time if they state that transactions will be anonymous, that will be a huge issue for them so there is no way they'll protect privacy, they won't even say that. So there is no way to affect bitcoin even if Central Banks start to use digital currencies.

[Krislaw]

Discussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things?

The government has always made threats about restrictions, bla bla bla. And here is just another hater just like those in the past

We should've worry much about the anti-bitcoins because people are starting to get more interested in bitcoin and crypto.

[dadach]

in my opinion there is nothing to worry about, someone always tries to stop bitcoin, even in the past several countries strictly prohibited the use of bitcoin, but in fact until now bitcoin is still going well, bitcoin is impossible to stop.

fixed it for you

[ardentvolcanoes]

Discussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things?

The government has always made threats about restrictions, bla bla bla. And here is just another hater just like those in the past

We should've worry much about the anti-bitcoins because people are starting to get more interested in bitcoin and crypto.

Real thing is happening now, more people are getting attached with crypto especially bitcoin so even there's such government who are anti bitcoin they can't
prevent those interested investors and users to keep buying and using this system. It's been a long 10 years and still this industry is standing up and keeps on surviving to any threat coming from different government agencies and financial institutions.

[Genemind]

There are already lots of groups who are against cryptocurrency which includes the government and banks. I don't think there would be a bigger organization that could stop cryptocurrency. We all know that Bitcoin is growing and being adopted continuously so it's building a strong foundation which we shouldn't worry about.

[Romeotom]

in my opinion there is nothing to worry about, someone always tries to stop bitcoin, even in the past several countries strictly prohibited the use of bitcoin, but in fact until now bitcoin is still going well, bitcoin is not easy to stop.

Yes bitcoin is not East to stop and no need to worry about it, i see some group already keep discussion many time but still their can't change anything about bitcoin. So keep be alone about yourself this is the real currency and king one.

[riso2015]

I'm not too worried if what they're going to do is want to stop Bitcoin because I'm sure it's just waste of time. We often read news that says someone or country wants to stop Bitcoin, but we see that until now Bitcoin still continues to exist. That means the development of Bitcoin has begun to be favored by public.

[cryp24x]

It is has been a rough year since Bitcoin and Cryptocurrency experienced different problems. I guess after all things that had happened, Crypto became stronger and bolder. It will surely overcome this season. If Crypto will be regulated, I guess there is no reason to be afraid.

[Orochimarukin]

This is definitely an expected move but thankfully we have at least one pro-crypto senator, Kelly Loeffler. Hopefully his influence and the influence of the not-so-anti crypto senators will help stifle any major anti-bitcoin laws that may be passed.

[Jocuserious]

Yes definitely we are ready everyone bitcoin holders but real think i have not received any signal from anyone bitcoin community. But some smart people telling us it has certainly upcoming years a boom chance so we can see let us do next.

[DevilSlayer]

Yes definitely we are ready everyone bitcoin holders but real think i have not received any signal from anyone bitcoin community. But some smart people telling us it has certainly upcoming years a boom chance so we can see let us do next.

So you are relying your decisions in signals? Are you really making profit from it? I don't think so. There are a lot of fake information in internet.There are a lot of traders who are relying to other opinions like in signal group and it is really a dumb decisions because their signals are not worth it to follow. There are considered as scammers and be careful on who you listen.

[isaac_clarke22]

Yes definitely we are ready everyone bitcoin holders but real think i have not received any signal from anyone bitcoin community. But some smart people telling us it has certainly upcoming years a boom chance so we can see let us do next.

So you are relying your decisions in signals? Are you really making profit from it? I don't think so. There are a lot of fake information in internet.There are a lot of traders who are relying to other opinions like in signal group and it is really a dumb decisions because their signals are not worth it to follow. There are considered as scammers and be careful on who you listen.

Good thing I don't browse a lot in Google about the speculation of Bitcoin. There were a lot of source telling that Bitcoin could go back to where it was back in the middle of 2018 when it went back down to 4k.
I don't really rely that much to news,articles, and even journals of others when it comes to making decision here in crypto. I mean I was here because of me, and definitely not because of someone else.