Polo7 (OP)
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September 14, 2020, 08:49:57 PM |
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so what is the future of btc ?
likely goverment will shout down this like e-gold and liberty resrve? is btc end up like this? goverment cant shut down btc but they can ban exchangers. and can ban all the exchangers as its not legit and still grey area.
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Mbitr
Legendary
Online
Activity: 2030
Merit: 1321
Bitcoin needs you!
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September 14, 2020, 09:03:18 PM |
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I wouldn’t worry about btc , it’s been going 10 + yrs now I’m more worried about you ! Just by checking your post history- you seem rather annoyed with life ! https://bitcointalk.org/index.php?action=profile;u=2640926;sa=showPostsMy advise - for what it’s worth - take a step back , go for a nice long walk in the sunshine and maybe move on to a different forum . Peace
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sunsilk
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September 14, 2020, 09:08:01 PM |
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No need to worry about bitcoin's future. There are governments whom are even taking their action of knowing how they can adopt it. Give them time to realize what bitcoin can give to them and what it can contribute to their economy and people's well being.
They can ban exchangers if they don't like it or they see some rules being broken by them. I wouldn't worry much about it but I'm more fond of thinking what will be the price of bitcoin in the future.
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CarnagexD
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Leading Crypto Sports Betting & Casino Platform
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September 14, 2020, 09:19:25 PM |
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Bitcoin is not that so threatening for the government, sure they can do this as several countries already prohibit activities that involves bitcoin but the thing is they cannot be certain if someone is using bitcoin from their country because bitcoin is highly accessible. The growth of bitcoin already proves that people want what the bitcoin has, and from that fact alone we know that bitcoin has a future.
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TravelMug
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September 14, 2020, 10:15:10 PM |
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so what is the future of btc ?
likely goverment will shout down this like e-gold and liberty resrve? is btc end up like this? goverment cant shut down btc but they can ban exchangers. and can ban all the exchangers as its not legit and still grey area.
As far as I know, Liberty Reserve, it was shutdown because it is running a money laundering enterprise, https://www.justice.gov/opa/pr/founder-liberty-reserve-pleads-guilty-laundering-more-250-million-through-his-digital, same as E-gold. So it's not even comparable to bitcoin. Of course there are governments around the world that ban or consider bitcoin illegal, but it doesn't mean that it will be or can be shutdown for good as there are no central authority behind. If government wanted to shut it down, then they might as well targeted "internet" as well.
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AakZaki
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zknodes.org
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September 14, 2020, 10:33:24 PM |
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The future of Bitcoin will be better than it is today. The development of bitcoin and blockchain technology is also getting serious. some governments have even legalized bitcoin transactions and some developed countries also provide regulations on bitcoin as a tool for commodity trading. There will be no exchange restrictions.
This is also not only the future of bitcoin, but the technology used by bitcoin, namely blockchain, which can be adopted for several government systems which will be very useful as a recording tool that cannot be deleted by anyone and is transparent.
Several adoptions and developments to adapt to multiple platforms will be required, the future of bitcoin and cryptocurrency will be better.
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cryp24x
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September 14, 2020, 10:47:37 PM |
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Government will have a hard time shutting down BTC if they intend to ban it but lucky, many countries acknowledge BTC as either mode of payment or speculative asset. Aside from that, several countries imposed regulation as a step to adopting Bitcoin and once it is finalized and established, BTC future will be as bright as ever.
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GreatArkansas
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September 14, 2020, 10:49:56 PM |
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I’m more worried about you ! Just by checking your post history- you seem rather annoyed with life ! (....)
We can ignore about his/her post history, the user is making a conversation here or asking some of our opinion (if it's really what he/she want). If you don't want to participate because of his/her post history, simply ignore the thread.
Btw, government is just doing what they should do for sure, we all know that there are lot of things that government want to do or already done that we don't want it. Especially now, in the field of Finance, we all know Bitcoin is one of the greatest invention that will help everybody related in finance and banking, but no one is perfect. They will still find some holes on Bitcoin, but Bitcoin is decentralized, so it's kinda difficult for them.
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bocyaj
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September 14, 2020, 11:29:55 PM |
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Government will have a hard time shutting down BTC if they intend to ban it but lucky, many countries acknowledge BTC as either mode of payment or speculative asset. Aside from that, several countries imposed regulation as a step to adopting Bitcoin and once it is finalized and established, BTC future will be as bright as ever.
It's due to uncontrollable spread of cryptocurrency users and investors. And we can predict the transaction of bitcoin from one point to other. So some country had started to regulate the cryptocurrency, even after banning.Because from regulations, the flow can be calculated some how and government can get some tax from it.
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Polo7 (OP)
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September 14, 2020, 11:40:45 PM |
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Government will have a hard time shutting down BTC if they intend to ban it but lucky, many countries acknowledge BTC as either mode of payment or speculative asset. Aside from that, several countries imposed regulation as a step to adopting Bitcoin and once it is finalized and established, BTC future will be as bright as ever.
It's due to uncontrollable spread of cryptocurrency users and investors. And we can predict the transaction of bitcoin from one point to other. So some country had started to regulate the cryptocurrency, even after banning.Because from regulations, the flow can be calculated some how and government can get some tax from it. tax??? from what? its same like you go casino you win money and pay tax? dont forget that crypto is big casino just house wins and investors lose!
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Xxmodded
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SOL.BIOKRIPT.COM
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September 15, 2020, 01:40:44 AM |
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Almost people will say bitcoin is best assets for investing at the future, why not checking with situation where bitcoin always have difficulty when get bad news can make bitcoin suddenly drop, better you play as well as soon with bitcoin investment, don'rt worry how grow up bitcoin at the future higher or not just get chance when raise profit from your investment price better sell your bitcoin assets. Become holder is not always worth and many people have lost their chance to sell bitcoin and other assets with good price because most trusted will have second chance to see bitcoin and altcoin assets back to higher price again.
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Assface16678
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★Bitvest.io★ Play Plinko or Invest!
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September 15, 2020, 01:46:15 AM |
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Don't get feared that the bitcoin will go its already in a long run don't get afraid of this will be banned by the countries. Bitcoin is a decentralized coin no one handles and no one can shut down this coin but still the government can regulate this kind of coin also the cryptocurrency many countries right now still does not accept the use of this coin. But don't worry.
We are heading right now to the use of the digital payment and there is a chance that the bitcoin is one of them.
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Astvile
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September 15, 2020, 01:48:20 AM |
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Government is already making a move against bitcoin, banning them in some countries and tagging it illegal and a jailable offense. But they didn't really won, because no matter how they act against bitcoin there are still millions of supporters who finds their way to continue use bitcoin. Yes they can ban exchangers but they cant stop p2p transactions. Bitcoin will not be ended by government that's for sure.
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geyayy
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September 15, 2020, 11:49:01 AM |
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Bitcoin has a bright future ahead, several countries have been using crypto for a while now. There has been instances that they are really planning on adapting bitcoin in their country, although some countries, like in our country, they are still unaware of the capabilities crypto currency has to offer. Here, we are really outdated, it is as if they just heard what bitcoin is, and just starts to research about it.
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isaac_clarke22
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September 15, 2020, 02:09:47 PM |
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~
Sure. Government will tell every ISPs to block every single exchange to every users of their nation, but it won't stop the personal transaction from happening. People would still be able to hold Bitcoin like usual. Maybe buying it would just prove a bit sticky and tricky, since many of those are done online.
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BlackHatCoiner
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Bitcoin is a royal fork
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September 15, 2020, 02:45:44 PM |
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No. I really don't think that bitcoin and cryptocurrencies in general will get affected by government. Of course and they can't shut down them, we shouldn't even discuss this. Satoshi said that centralised creations like napster seem that can be controlled by government, but tor can't. And it's right. At some scale.
Now if the internet providers (that are controlled by government) can see that you're connecting through the bitcoin protocol and the fine of using bitcoin is big, I wouldn't risk it. At least not without vpn and a thousands other methods of privacy.
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BrewMaster
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There is trouble abrewing
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September 15, 2020, 03:25:40 PM |
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likely goverment will shout down this like e-gold and liberty resrve?
when there is one owner, one CEO, one office,... that owns and fully controls something then to shut that thing down all you need is a boot that kicks down its door. now imagine if there were hundred thousand CEOs, offices, owners,... that were not only spread all around the world but also they all had equal power. you can't shut this system down. that is what bitcoin is like, it is a decentralized peer to peer payment system. to shut it down you'll have to shut down the internet all over the world not just in your own country!
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There is a FOMO brewing...
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DatKing
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September 15, 2020, 03:44:22 PM |
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so what is the future of btc ?
likely goverment will shout down this like e-gold and liberty resrve? is btc end up like this? goverment cant shut down btc but they can ban exchangers. and can ban all the exchangers as its not legit and still grey area.
It is not that easy for governments to shut down Bitcoin completely for good. As a matter of fact, I think there is nobody who can make it happen (perhaps including the inventor of Bitcoin). Bitcoin and other cryptocurrencies have a decentralized system. So, I believe that Bitcoin will never be under control of any government, people etc. . It will be a very good alternative for the future digital currencies whose control will be on governments.
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Leviathan.007
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September 15, 2020, 04:07:26 PM |
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Considering bitcoin something threatening for any government, we don't need to be worry about bitcoin's future. Also, the governments are doing adoptions and multiple developments related to bitcoin, we can see a bright future for bitcoin Also the technology used by bitcoin blockchain is being used by many financial and non-financial organizations. So, currently we don't need to be worry about the future of this new technology.
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masphie
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-= OI =-
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September 15, 2020, 04:16:28 PM |
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I think bitcoin still like this forever. If the government shutdown the exchanges, how about stock market ?
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-= OI =-
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