Time Will tell

[Emitdama]

I am not hoping for any fight between the government and the cryptocurrency community. I’d rather that things remain as it is, people should be allowed to use whatever they want to use, whether Bitcoin or fiat, and I’m not hoping that everyone in the world starts making use of Bitcoin lol. If everyone in the world should start making use of Bitcoin it’s going to cause the government to start fighting against it and they will try to stop it at all means.

There are so many reasons as to why the government would be against it. For now they are saying nothing about it, because there isn’t much people that are using it, except a few.

[posi]

Well many countries are still able to invest in crypto using VPNs and such but government's power isn't just up to that. We never know what can they still do against crypto one day. For now we can see their regulations to crypto selling at some countries by imposing KYC policies which is kinda centralized idea that defeats the idea of decentralization that we know that crypto possesses that attribute.

It might depend on some country whether their government legalizes or not though.

As the thread topic said, time will tell but crypto restricted invest in crypto through VPN will still have some limitation and if the exchange site used notice something like that ke that theres chance for to freeze the user account. However, I think what we need now so that some governments which are against crypto to support it is that some of their gang which have already understand crypto say it public just like Kiyosaki does.

[Gozie51]

I still believe the government will never make Bitcoin illegal. They will try to regulate it and make money by adding special taxes on its transactions. Bitcoin is the currency of the internet. Internet is considered as a way of life in this era. You cannot ban Bitcoin without banning the internet.

Furthermore it is not practically possible to control the internet. Thee are zillions of ways to hide yourself online you just need to know how to do that?

True to say and to tell you how important that the internet is for digital and cryptocurrency , nothing happens without the internet, right from beginning transactions. The government can key in into the project to guide or try to control the operators in the system..

[Sayma83]

It is true that the governments of different countries have taken different laws on Bitcoin transactions or bitcoin investing because of their economy, because every day people are moving towards bitcoin or digital currency. So the governments of different countries are seeing the decline of their banks; Needless to say, as much as the government tries to reduce the use of bitcoin, it will not increase.

[panganib999]

I'm afraid it's quite the opposite: we shouldn't underestimate the power of a government. They let us be for the moment but I'm really wondering if they will do the same in the following years. If India was able to ban Bitcoin along with other countries and there was no civil unrest, I am honestly afraid a Bitcoin ban would only be followed by very small and non-significant protests that would result in.. nothing!

The only thing we can do is try to keep following the path we've started (mine is to keep believing in and supporting BTC) and hope a ban or harsher regulations aren't coming.

I agree. We must not underestimate the power the government have because if they want to, they can stop users from using cryptocurrencies just like what happened to those countries where a total whether temporary or permanent ban have already happened. Despite of the fact that cryptocurrencies are decentralized, still government have the power of the law to implement the banning of crypto currency usage since an individual using cryptocurrency is residing in a certain territory of a country. We just need to follow what the government wants on the proper moderation of using cryptocurrency to avoid letting them to make such actions against cryptocurrency once they think that usage of crypto is not good for their people. We just need to continue on doing what we used to do which is for me keep on using and holding cryptocurrency even market is on ups or downs because time will really tell what will happen i the future since we do not know what can happen because there are certain factors that may contribute and affect on the future we expect. Let us just wait and see.

[elenag1442]

Truth be told, if we are steadily expanding our Bitcoin clients, we will prevent the administration from recognizing Bitcoin.
They will ask every bitcoin client to understand that I will develop them to gain.
However, currently the use of Bitcoin clients is a bit less. There are many people who have been skeptical about bitcoin for so long and are reluctant to use it.
Negative information against Bitcoin still haunts them frequently and they admit that Bitcoin is not genuine which can bite the dust whenever and wherever they can lose cash.