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Author Topic: USA government power over Bitcoin  (Read 324 times)
kotajikikox
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November 15, 2020, 02:53:26 AM
 #41

The USA has no control over Bitcoin...

yeah No country that has control over Bitcoin even China that has been said to be the Highest Bitcoin miner yet they can't control this Decentralized currency.

Voters should vote better leaders/politicians that can think for themselves.  Wink
The voters already choose right?and it is Biden over trump  Grin

and Not the politician that only think for themselves but the one that think for everyone and for future and betterment of all.

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November 15, 2020, 10:31:45 AM
 #42

The United States cannot exercise any power over Bitcoin is not under anyone's control and no country's government can operate as it pleases. The privacy provided by Bitcoin makes a common currency for hackers and thieves to steal. As a downside to a good black market also makes Bitcoin's ability to finalize transactions much easier, if not impossible, by withdrawing fraudulent transactions. Before the U.S. backtracks at this crucial juncture i urge regulators to work together, to act quickly and to ban these dangerous currencies from harming hardworking Americans.
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November 15, 2020, 11:57:30 AM
 #43

If the American government uses its power to control Bitcoin, this is very unlikely. No matter how great the military power America has,
it is impossible to stop Bitcoin transactions around the world. Because the American government cannot prohibit other countries from
using Bitcoin.

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November 15, 2020, 12:58:35 PM
 #44

Since they are holding the world power, every country normally looks up to them for help in times of need, they tend to abuse that power and act like bully on everything,they have absolutely no power over bitcoin, because it is a decentralized currency and doesn't depend on country for the network to keep working, the only reason why it feels like their government has power over bitcoin, would be because most bitcoin users are actually based in the US, so placing a ban on the use of Bitcoin in the US will definitely affect the growth of bitcoin.

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November 15, 2020, 01:44:28 PM
 #45

Literally yes because they are in such a position to command or atleast influence the decisions taken on the leaders from countries from any corners of this world, it's simply because every country's growth is somewhat connected with the USA. But there is no possibility to take complete control over Bitcoin in anyways.

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November 15, 2020, 03:02:48 PM
 #46

Forget what happen several years later with United State government because many bad impact for many investor from bitcoin and altcoin because United State government is terrible for bitcoin, now waiting what Joe Bidden effect for bitcoin after win election united state last few weeks. He will discuss with his minister of economy what will do with bitcoin accept as legal payment currency or not. We just waiting and hope for Bidden will give different from the other president of United State always become bad reputation for bitcoin like Donald Trump and waiting what new decision from Bidden to help bitcoin become legal payment currency in the world. Right now we need to promote bitcoin around the world and give how positive side of bitcoin if adopt as legal payment currency.

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November 15, 2020, 03:31:41 PM
 #47

Bitcoin is a decentralized currency, that is not control by the government of USA which no one can decide how it will pump or dump in the country. The government can do other things to improve their fiat money for their citizens to grow their businesses in the country. Joe Biden who won US election promised all bitcoin users that he will create a good environment for them to carry out their business in the country.
Biden cannot do anything negative to bitcoin users in the land because many bitcoin users voted massively for the candidate of Democratic party that make him to pulled 306 to defeat his incumbent Trump who pulled 239, that make the electoral declare Biden winner for the US presidential election.

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November 15, 2020, 03:32:07 PM
 #48

Isn't it true that America is the world policeman? but that does not mean that rights and freedoms can be fully controlled by them. In terms of security, America has rights in the world peace sector. But what is the slightest suspicion that chaos always overlaps because of American interference. even if for bitcoin, they will insist on controlling its value. what America wants is complete control of any movement around the world. and they act as judges.
as a result bitcoin also entered their territory, and its abuse was taken over. limit each exchange and control the wallet of anyone who owns bitcoin. There seems to be no freedom.

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November 18, 2020, 09:45:12 PM
 #49

The US government tries to control and/or kill anything they can't control. They killed NORFED (National Organization for the Repeal of the Federal Reserve) and its Liberty Dollar that was trying to return a solid gold and silver backed currency to the people of the US instead of the US Dollar which is literally just a paper note backed by empty promises. And indeed, OP hit the nail on the head mentioning the US's large military. I am from the US and I sadly recognize that we are viewed as the bully of the world that tries to stick our nose into everybody else's business.

I strongly feel that the globalists are going to try to switch from individual government Fiat money to a one world digital currency, and since they can't seemingly control Bitcoin enough to use it for that purpose I think they will eventually do everything they can to kill Bitcoin by regulations, taxes, and legal crackdowns. But for now Bitcoin is helping their cause by spreading the knowledge and widespread acceptance of a digital currency.
It's obvious that a one world currency is what comes next, the dollar at some point is going to fall, that is inevitable, especially because the US government is treating it as if it is their right to print as many dollars as they want and the world is simply going to take the dollar at face value, so when an economic crisis hit us because the dollar is going through a period of hyperinflation people are going to get desperate and they're going to be willing to accept any solution that is proposed to end the chaos and that is when a one world currency is going to be proposed.

And I have no doubts that the proposal is going to be accepted and even celebrated by the people, however while I have no doubts that governments at that point will try all kind of measures against bitcoin at the same time a lot of people will realize that giving more power to those that created the problem in the first place is not the answer and we will begin to see an unprecedented support for bitcoin.
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November 18, 2020, 09:57:27 PM
 #50

they can talk whatever they want. BTC is a threat to all government they would face BTC whether they like it or not. they'd have to regulate the market if its possible. its going to be a battle and just like China did, there may also bank accounts that will be frozen. preying over other country though is just not acceptable. the people are good but their government is like owning other countries.

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November 18, 2020, 10:17:13 PM
 #51

When America talks about bitcoin and crypto, I have two assumptions:
1. America doesn't want bitcoin assets to beat the fiat or dollar market, they define bitcoin and crypto as a threat. 
2. The American government wants to regulate the movement of the crypto market.  Its goal is to save crypto users from hackers, scams and other criminal transactions.  USA finally chose to make crypto regulations.and we never know the ending.
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November 18, 2020, 10:29:49 PM
 #52

As we've always known; USA is actually the most powerful country. So many other countries look up to it. Also, are you really sure USA government is trying to overpower Bitcoin? If I'm not mistaken, I once saw a post in this forum where US residents(from this forum) were talking about the Bitcoin ATMs they have there.
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