Dont stay in crypto too long

[Russlenat]

Government may regulate the market more and cash is still king but it would not make bitcoin suffer in the end. Bitcoin will continue to be stronger, not as good as the cash as it's hard to compete but as to security for investors who can't anymore trust the economy of a certain government, investing in bitcoin gives them freedom and its movement is not correlated to the actually world struggle.

What's the purpose of the invented word HODL if we can't stay too long, early investors who stayed until this long are making a fortune, so you are wrong for saying not saying too long.

[fishbonez11]

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 

Government has no way yo regulate Bitcoin, they can regulate exchanges but not the whole system. Bitcoin give us full control over our funds. This is the very reason why crypto is made, to be free from third party system which makess a transaction so hassle and costly. We choose to hold since there is a lot more potential stored in bitcoin application.

[Waltmart]

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.

And besides it is usually up to the person whether they depend on using bitcoin or not

[777Jolami]

We stay for using cash  

That is the meaning of serious anxiety. If one thinks more positively, maybe the government will change its view of decentralization or the benefits and efficiency of a cashless economy. Covid 19 is a big reason that, in my opinion, the wind will turn positively on the crypto market. Cash and banking risk infection for all. Or if the government kicked in earlier than blockchain and the crypto space, it is possible that catastrophe would have lower consequences during the pandemic.

[AakZaki]

It is very certain that what you say is the impact, but there may also be someone who experienced it not only him, it is just how to reduce what is experienced more wisely and wisely, no one wants it to happen.
everyone also wants to be successful, hopefully what he is talking about can be understood by him.

The impact really depends on how we respond to it. If we respond positively and don't give up, of course the story will be different. The greater the interest. But when a failure in crypto left him feeling insecure and wanting to give up, of course the journey was just there. Success will be achieved by staying consistent and not giving up on circumstances.

[Vaskiy]

Even now there are people who have been continuing to use bitcoin and other cryptocurrencies even after the functional government restricts the usage of bitcoin and other cryptocurrencies. It is upto the users to make decisions whether to stay or give up. You need to be lucky or you need the right understanding, then for sure at any circumstance one will not give up easily.

[Casdinyard]

Even now there are people who have been continuing to use bitcoin and other cryptocurrencies even after the functional government restricts the usage of bitcoin and other cryptocurrencies. It is upto the users to make decisions whether to stay or give up. You need to be lucky or you need the right understanding, then for sure at any circumstance one will not give up easily.

Also, we have seen many users discouraging the use of cryptos which is also ironic because they cannot even sell their holdings. This could also be somewhat of a black propaganda, wherein there all people who will do such thing in order for the price to fall down and for them to enter investment at a low market price. If people will choose not to use this technology, then that would be fine, staying will be fine as well. We just have our own reasons why we are doing something. It is our action which will matter the most. All I know is that this technology is not under any authority due to its nature of decentralization. There are regulations being imposed but that won't mean total control. So if that bothers those people, then this is the answer already.

[elisabetheva]

Even now there are people who have been continuing to use bitcoin and other cryptocurrencies even after the functional government restricts the usage of bitcoin and other cryptocurrencies. It is upto the users to make decisions whether to stay or give up. You need to be lucky or you need the right understanding, then for sure at any circumstance one will not give up easily.

It is clear that the government must have full authority over everything that happens in the country, as well as bitcoin. If the government does not allow it, of course there will be sanctions that will be accepted, although we can do it in other ways. because bitcoin clearly no one controls and no one operates because it moves itself.

it is true that all now return to each individual in carrying out whether it continues or follows the rules that have been made. because regulation is needed in the management of a country against anything including bitcon.

if there are clear rules then we can do according to these rules, because after all, everyone will always hope for crypto because it is very helpful.

[Twentyonepaylots]

Number one, you can't let your government take a hold of your cryptocurrency since it is meant to be anonymous and special for every individual, that is unless you let them, which I doubt you will. Number two, with the above fact stated, cryptocurrency concealing everyone's identity disallows any government to audit or even get a hold of your cryptocurrency records.

Even now there are people who have been continuing to use bitcoin and other cryptocurrencies even after the functional government restricts the usage of bitcoin and other cryptocurrencies. It is upto the users to make decisions whether to stay or give up. You need to be lucky or you need the right understanding, then for sure at any circumstance one will not give up easily.

I don't understand why he gotta spread FUD like that, for all I care the government will adjust to crypto, not crypto adjusting to the government. That should give OP a sense of how powerful cryptocurrencies are in the face of the government.

[isaac_clarke22]

Governments can f themselves in controlling something that's decentralized especially Bitcoin.
Their minimum control is when their citizens use online crypto wallet but crypto itself? I don't think so.
This is why I hold a lot of Bitcoin.

[Noctis Connor]

SEC can regulate exchanges and cryptocurrency but doesn't mean ruled entirely by them, wake up, sec isn't the one and only, bitcoin thrive not just in the US, there are plenty of bitcoin-friendly countries that support cryptocurrency and exchanges way better than in the US.
Cash or fiat currency isn't freedom, that's a centralized tool issued by the central bank, while crypto as an alternative offer the freedom to manage your own funds and freely move it wherever you want. 

Well you can say whatever you want but for me bitcoin is decentralize even you say that government wants a full control into bitcoin or any cryptocurrency and people still keep showing interest in bitcoin yet other countries still illegal to use bitcoin maybe this the reason why because government wants to full control even if they will build there own wallet or into trading system they want to put taxes into it even if theres already service fee when you're going to transfer fund or buy bitcoin from the market maybe in fiat currency i believed they had a full control because of the economy that needs to grow.

[Garageexperiment]

I do not think so that anyone can shutdown Bitcoin as it is pretty much decentralized and is not controlled by anyone.
Other coins will die with time. But Bitcoin can keep surviving. There is no need to panic

[Fredomago]

Even now there are people who have been continuing to use bitcoin and other cryptocurrencies even after the functional government restricts the usage of bitcoin and other cryptocurrencies.

There are ways if you are really aiming to continue, not unless the government have the full control/access to the internet, they can restrict you and your transactions using this channel.

It is upto the users to make decisions whether to stay or give up.

Yeah right, the owner itself who can decide what to do, whether to continue or to stop and quit away from this venue.

You need to be lucky or you need the right understanding, then for sure at any circumstance one will not give up easily.

Proper knowledge and understanding are the keys to have a much higher chances of success, plus luck leads you to a successful
journey towards to this  investment venue.

[iTradeChips]

I don't really think that the governments of the world would be able to control Bitcoin and Cryptocurrency in general. The people who are using it, investing and trading it, they are many and no single financial institution or government entity would be able to control or manipulate it. I think this is another one of those attempts by naysayers and doom sayers to discredit bitcoin. Mainstream news right now all has bad news for crypto and people not acquainted with crypto will say that Bitcoin is a scam.

[tabas]

I do not think so that anyone can shutdown Bitcoin as it is pretty much decentralized and is not controlled by anyone.
Other coins will die with time. But Bitcoin can keep surviving. There is no need to panic

It is the reality that bitcoin will continue and it will remain to be at the top. With government or without government, it's just getting stronger. And with people having to discourage others to get out or stop getting in bitcoin might be jealous of what it is right now.
Don't listen to them but look at what it is right now.

[so98nn]

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.

Agree with you. It's next to impossible to trace out the crypto currency transactions if government ever wanted to do this. Moreover, by now they would have gotten your details already if there was such thing as breaking out in your bitcoin wallet. Imagine a blockchain with millions and millions of nodes already embedded into it, you can't just see the bigger picture. It would take many more years for government to trace you down. In addition to this with the bitcoin mixer services things are even worst when it comes to tracing of bitcoin transaction. Literally when you send the bitcoin through mixer, on the other side you wouldn't recognise your own transaction mate.

So stay in the crypto, there is long way to go for this stuff.

[HakaseMarui]

Its decentralized, they will be able to access it only if you allow them to do it too and I dont think government will be able to handle it just like of what they were doing with fiat currencies, they wont even know where to start.

[Natsuu]

Its decentralized, they will be able to access it only if you allow them to do it too and I dont think government will be able to handle it just like of what they were doing with fiat currencies, they wont even know where to start.

That's the beauty of crypto, how open-sourced it can be, and no exact location on this planet you can pinpoint the source code for all of it.

And yet I seem to think that crypto being decentralized also means its own way to self-explode in the future. Just feel it.

[South Park]

SEC can regulate exchanges and cryptocurrency but doesn't mean ruled entirely by them, wake up, sec isn't the one and only, bitcoin thrive not just in the US, there are plenty of bitcoin-friendly countries that support cryptocurrency and exchanges way better than in the US.
Cash or fiat currency isn't freedom, that's a centralized tool issued by the central bank, while crypto as an alternative offer the freedom to manage your own funds and freely move it wherever you want. 

The US has for a long time considered itself the centre of the world and there was a time in which that was true but since then many other markets have emerged and there are countries like China that can rival it, so if they decide to pass regulations that are too hard on exchanges then they are simply going to leave and if they cannot then their clients will, it is that simple, people are going to vote with their money and if the laws they pass are too harsh no one will deal with those exchanges anymore.

[royalfestus]

I do not think so that anyone can shutdown Bitcoin as it is pretty much decentralized and is not controlled by anyone.
Other coins will die with time. But Bitcoin can keep surviving. There is no need to panic

The main reason government may not want to shut down bitcoin is the advantages that supersede the disadvantages. Not only the Government that benefit from it even those high profile in government have their fund in it, even in the USA. The technology may expensive to hack but not for some countries.so let's just enjoy the gift of the technology and hope government don't interfere at all.