OpenCryptoSystem (OP)
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January 19, 2021, 07:14:55 PM |
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Crypto is ruled soon by sec and goverment its not goodw
Make your cash and get out of crypto Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
We stay for using cash
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Upgrade00
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January 19, 2021, 07:20:49 PM |
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if the goverment start fuck woth our bitcoins and crypto then its not good
The government can only access your Bitcoins if you allow them to. There are many ways to use Bitcoins without compromising decentralization or privacy. If you view Bitcoin as a cash and grab scheme, then just maybe you do not fully understand it yet and should just stick to fiat.
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OpenCryptoSystem (OP)
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January 19, 2021, 07:25:40 PM |
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if the goverment start fuck woth our bitcoins and crypto then its not good
The government can only access your Bitcoins if you allow them to. There are many ways to use Bitcoins without compromising decentralization or privacy. If you view Bitcoin as a cash and grab scheme, then just maybe you do not fully understand it yet and should just stick to fiat. Bitcoin is for poor people to earn money ! Govermemt touching even the kyc is bad its control I use cash so no kyc stupid kyc we dont need kyc anyways So its killing of freedom. Reptiles is going to slave humans
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bitmover
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January 19, 2021, 07:28:14 PM |
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Crypto is ruled soon by sec and goverment its not goodw
Make your cash and get out of crypto Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
We stay for using cash
It is often wise to be careful in a bull market. When everyone thinks bitcoin will reach 1 million in the next upcoming months, that's the time to be extra careful and do not buy more than you can afford to lose. Look at the possible negative sides and do not be greed. That being said, I think you are wrong. Crypto is for the long term. SEC regulations will have a short/mid range impact over bitcoin. For long term there isn't much SEC can do. All governments that tried to fight against technology failed before. And SEC will fail now if they try to rule bitcoin.
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Upgrade00
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January 19, 2021, 07:32:23 PM |
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Bitcoin is for everyone and isn't peculiar to any social class; it can be different things to different people. A lot view it as an investment and speculate on the price, some use it for transaction and some as a store of value or a combination of any of the three.
There are also ways to remain pseudo anonymous even if the network is transparent. If you really want to discuss about Bitcoin you should make the effort to read the basics and understand how it works.
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OpenCryptoSystem (OP)
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January 19, 2021, 07:37:16 PM |
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Ok what if one day SEC will ban all bitcoin ?
They can ban exchamgers like binance to deal with btc They can ban all the mining activity. The kyc they force on people are all ready bad
Its dictorship faschist nazi control now !!
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adzino
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January 19, 2021, 07:52:01 PM |
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Crypto is ruled soon by sec and goverment its not good
What else do you expect? The government to allow us to use crypto currencies without any restriction? Of course they can't let you when fiat currencies will be involved. You can use crypto currencies without involving yourself with fiat (like p2p transaction, NOT converting it to fiat and so on) and the government will eventually trace you. They just can't let people use if with full freedom because of the risks involved. Make your cash and get out of crypto Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
Stop spreading FUDs. I guess majority of the people won't care about the regulation. Again, regulation is needed if we want to make crypto currencies mainstream. You don't like it, I guess you can use those "anonymous" coins. We stay for using cash
So fuck bitcoin because government is taking control of it and you don't like it. But then use cash/fiat which is under the total control of the fiat. Okay, what? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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OpenCryptoSystem (OP)
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January 19, 2021, 07:56:55 PM |
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Crypto is ruled soon by sec and goverment its not good
What else do you expect? The government to allow us to use crypto currencies without any restriction? Of course they can't let you when fiat currencies will be involved. You can use crypto currencies without involving yourself with fiat (like p2p transaction, NOT converting it to fiat and so on) and the government will eventually trace you. They just can't let people use if with full freedom because of the risks involved. Make your cash and get out of crypto Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
Stop spreading FUDs. I guess majority of the people won't care about the regulation. Again, regulation is needed if we want to make crypto currencies mainstream. You don't like it, I guess you can use those "anonymous" coins. We stay for using cash
So fuck bitcoin because government is taking control of it and you don't like it. But then use cash/fiat which is under the total control of the fiat. Okay, what? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Ok not good its not good everybody will start use cash amd old banks again if the goverment touch btc Or people small communities will create their own currency . Amd nobody dont work with goverment anymore
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cabron
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January 19, 2021, 08:10:03 PM |
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It sounds very backwards because we are suppose to be cashless society soon.
Government had been fucking every one buts how they are going to make all these thing work since the dawn of time. We need to pay them for tax and all, thats basic as part of the society. Regulation is good, it make thing legal and chances of adoption.
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OpenCryptoSystem (OP)
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January 19, 2021, 08:14:10 PM |
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It sounds very backwards because we are suppose to be cashless society soon.
Government had been fucking every one buts how they are going to make all these thing work since the dawn of time. We need to pay them for tax and all, thats basic as part of the society. Regulation is good, it make thing legal and chances of adoption.
Rich and goverment friends never payed any taxes Trump left office and no paying taxes If you dont pay taxes you go in jail lol Now they come in crypto i stay in cash i dont like cashless society i dont like internet or tech i even use old phone I dont like apple even and i dont like facebook If you guys dont pay me i dont stay here !!!
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hulla
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January 19, 2021, 09:31:43 PM |
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Ok what if one day SEC will ban all bitcoin ?
I suppose you dont understand the SEC stance about cryptocurrency cause most them are somehow crypto enthusiasts and their duties is to give investors security and also protect their fund. They are never against crypto. They can ban exchamgers like binance to deal with btc
Yes but only if Binance in US break their rules and regulations They can ban all the mining activity.
No, thats not part of their duties cause their duties have to do with anything that involve investment and capital. The kyc they force on people are all ready bad
Yes, but when there huge number of scam activities and they have to protect the investors fund. Note : Fiat is a failure system even the IMF have told the government the need of Central Bank Digital Currency.
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serjent05
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January 19, 2021, 09:34:27 PM |
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Crypto is ruled soon by sec and goverment its not goodw
Make your cash and get out of crypto Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
We stay for using cash
What is the difference in staying with crypto that you think will soon be regulated with staying in cash that is already regulated? I don't see any sense in what you wanted to tell us. Choose regulated currency because cryptocurrency will be regulated soon?? Yeah right.
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Marcus69Nio
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January 19, 2021, 10:26:06 PM |
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I also think that Bitcoin and other cryptocurrencies need to be regulated. Perhaps, it will allow us to make some spheres of our life such as economic and politics more transparent. Probably, we'll be able to use bitcoins in our everyday life to buy some food and pay for a cab e.g. Therefore, crypto won't be using for sponsoring terrorism or another illegal money laundering.
Recently I've heard former Canadian Prime Minister said that Bitcoin can become an international reserve currency. In my opinion, it's great but we won't be able to see it without a proper crypto regulating system.
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Tstar
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January 19, 2021, 10:39:50 PM |
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This is just more FUD and not supported by a single fact.
Nobody could access your crypto wallets unless you give them access. Govs could only ban individual exchanges and that's why we should keep the coins in wallets, not exchanges.
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Ridwan Fauzi
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January 19, 2021, 10:43:48 PM |
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Bitcoin is not like ripple, that is one thing that you should know.
Seem like you are the victim of ripple investor, right? Loosing money because the price price just fall when SEC start make a lawsuit.
Honestly, there is no one who can do these things. Bitcoin is decentralized system, there is no owner or someone who can manage it, just someone who using it where will the bitcoin end up.
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sheenshane
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January 19, 2021, 11:01:53 PM |
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Ok what if one day SEC will ban all bitcoin ?
They can ban exchamgers like binance to deal with btc They can ban all the mining activity. The kyc they force on people are all ready bad
Its dictorship faschist nazi control now !!
I think China was already doing this but nothing happens, you can't completely stop people from using Bitcoin, they can hide and becomes anonymous and protect their privacy. SEC has nothing to do with it, even IF they will ban Bitcoin but there is still an alternative way to hold and own Bitcoin. SEC in the US and SEC Chairman Jay Clayton explained how they regulate Bitcoin. "We determined that bitcoin was not a security, it was much more payment mechanism and store of value" “We did not regulate bitcoin as a security,” SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value.
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Rengga Jati
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January 19, 2021, 11:02:54 PM |
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Crypto is ruled soon by sec and goverment its not goodw
Please read this about what SEC is and what they rule, it is not only about crypto. The U.S. Securities and Exchange Commission (SEC) is an independent federal government regulatory agency responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation. Source hereIt actually rules exchanges in the U.S, so it is not for the world rules. however, if any crypto from the US and are considered as things under their regulation, they will act for it. But if the cryptos are not, so they will not get attention from SEC itself. what you said is likely a FUD spread to this forum base don your deep fear about what SEC can do. SEC can do their power, but limited in the US. They cannot rule the world. Although it may really influence certain cryptocurrencies, it doesn't mean to influence all crypto in the world coming from outside of that country's regulation. Bitcoin is for poor people to earn money !
I think that you need to widen your mindset about this. Look around and not look at yourself only.
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imstillthebest
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January 19, 2021, 11:05:52 PM |
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This is just more FUD and not supported by a single fact.
Nobody could access your crypto wallets unless you give them access. Govs could only ban individual exchanges and that's why we should keep the coins in wallets, not exchanges.
there is a fact because not all cryptos are decentralized . another fact is people dont like regulations but that applies to us crypto users but for users that dont use crypto they have no complaints in regulations. if an exchange gets banned , exchanges are going to return the funds to the users but decentralized exchanges arent going to get ruled out , we are safe on using dexe's . we dont need to stay long but we need to know the right timing to sell and to go out and then return again if the oppurtunity strikes
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kawetsriyanto
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January 19, 2021, 11:14:27 PM |
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I also think that Bitcoin and other cryptocurrencies need to be regulated.
Who will regulate Bitcoin and crypto? The government? So, then they will act like they are the owner of all crypto and Bitcoin? No, mate. It will be the wrong way if we let the government regulates Bitcoin and crypto. The government can regulate the use of crypto and Bitcoin in a country according to laws there, but it doesn't mean the government regulates Bitcoin and crypto as a whole. Let Bitcoin and crypto be always decentralized as their nature. I bet even Satoshi won't agree to let Bitcoin be regulated by the government.
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tabas
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January 19, 2021, 11:22:16 PM |
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Who are to you say that? you're not different from the government and SEC who tells what people must do and what's crypto is all about. They can regulate as much as they want but the market will continue to go on and it will be a regretful decision and idea while you're out forever.
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