The power of digital money

[Agbe]

My question is that how will they (the government) tackle it because bitcoin is a decentralized system asset and the government approved those early assets to be mine and operated in the jurisdictions because they were centralized so the directors and managers were accepting the policies of the government but in bitcoin, if they tell the exchange to stop operation for the exchange of bitcoin among users then p2p transaction will take place instant which the government can't fight with. Because that has come to individual business and not group business again. When government remove their hands from bitcoin then that will be the beginning of bitcoin expansion. Now that many countries ban bitcoin and yet the citizens are using it to the fullest.

[mindwatcher]

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[cydrix]

Although it has only been operational for a total of 14 years, Bitcoin is becoming more and more well-known. Despite the numerous unfavorable articles and news stories about Bitcoin that have been published by different media sites, its popularity has not reduced. Although numerous governments have attempted to halt it, it has remained the most valuable coin on the market up to this point. Currently, governments around the world are attempting to accept Bitcoin rather than outright prohibit it. As you consider whether Bitcoin will endure if all national governments decide to destroy it, I believe it's possible that it won't.

[benalexis12]

Before the existence of bitcoin they're many other digital economic assets that is in line with government policies like crude oil, gold and much more, government where comfortable with this assets trading online, including forex but crypto currency like bitcoin that would have change lives and alienates poverty from the world, government are afraid of its cumulative value.

Bitcoin is an assets that we shouldn't lose or allow to dies off, if you check history of all money weather digital or paper bitcoin circulate faster in values and distributions. As highly respected as dollars not all countries have it but bitcoin is 14 years now, the world is aware of it. Do you think bitcoin will stay if government totally remove their hands or stand against it?

Even though Bitcoin was just created it has been recognized by most business people around today for only a short period of time. Just like Gold which can be considered ancient but has been overtaken by bitcoin,
In addition to the topic you made, I also think that it is unlikely that other governments will oppose bitcoin because more and more people are accepting bitcoin in this generation.

[leonair]

Before the existence of bitcoin they're many other digital economic assets that is in line with government policies like crude oil, gold and much more, government where comfortable with this assets trading online, including forex but crypto currency like bitcoin that would have change lives and alienates poverty from the world, government are afraid of its cumulative value.

Governments are never afraid of Bitcoin's value. the government fears this is because there is still no trace of the owner of Bitcoin so they feel that if a country fully accepts Bitcoin and keeps a large amount of money in it and at some point if Bitcoin becomes a scam then those countries will suffer a lot financially. with these in mind, governments are afraid to accept Bitcoin.

Bitcoin is an assets that we shouldn't lose or allow to dies off, if you check history of all money weather digital or paper bitcoin circulate faster in values and distributions. As highly respected as dollars not all countries have it but bitcoin is 14 years now, the world is aware of it. Do you think bitcoin will stay if government totally remove their hands or stand against it?

Since the government can't or won't regulate Bitcoin in any way, Bitcoin won't suffer much if the government takes their hands off Bitcoin or acts against it.  It may have a huge effect on the price for a short period of time but it will not destroy Bitcoin by any means. Currently there are many countries supporting Bitcoin, but even a few years ago, every country was against Bitcoin, so Bitcoin could not come this far?

[riskarcher]

Before the existence of bitcoin they're many other digital economic assets that is in line with government policies like crude oil, gold and much more, government where comfortable with this assets trading online, including forex but crypto currency like bitcoin that would have change lives and alienates poverty from the world, government are afraid of its cumulative value.

Bitcoin is an assets that we shouldn't lose or allow to dies off, if you check history of all money weather digital or paper bitcoin circulate faster in values and distributions. As highly respected as dollars not all countries have it but bitcoin is 14 years now, the world is aware of it. Do you think bitcoin will stay if government totally remove their hands or stand against it?

Even though Bitcoin was just created it has been recognized by most business people around today for only a short period of time. Just like Gold which can be considered ancient but has been overtaken by bitcoin,
In addition to the topic you made, I also think that it is unlikely that other governments will oppose bitcoin because more and more people are accepting bitcoin in this generation.

Yeah that's true even though bitcoin don't have utility, all over the world know Bitcoin value is much higher than other asset or stock investment. It's difficult for goverment to anticipate of hype blockchain system and that's why World bank created new technology same as crypto but it's centralize such QRIS , Digital currency Which makes it cardless but currently bitcoin still to be number one as the best investment for to get more profit

[bluebit25]

IMO, the government still plays an important role in the regulation and regulation of cryptocurrencies. Governments can apply policies and regulations to control and monitor the operation of the cryptocurrency market. If the government does not deal with cryptocurrencies properly, this can have negative effects on the economy and affect people's confidence in the currency. The survival of bitcoin and cryptocurrencies depends on many different factors, not just government response. Bitcoin's convenience, safety, and ability to create value have attracted those interested in and using it. The blockchain technology on which bitcoin is based is also becoming a popular technology in various fields.

So bitcoin and other cryptocurrencies can exist in the future if managed properly and used for its intended purpose. There may be changes and adjustments in regulatory and regulatory circles, but the important thing is that cryptocurrencies can help solve a number of problems in different sectors and contribute to economic development global.

[BVeyron]

Before the existence of bitcoin they're many other digital economic assets that is in line with government policies like crude oil, gold and much more, government where comfortable with this assets trading online, including forex but crypto currency like bitcoin that would have change lives and alienates poverty from the world, government are afraid of its cumulative value.

Bitcoin is an assets that we shouldn't lose or allow to dies off, if you check history of all money weather digital or paper bitcoin circulate faster in values and distributions. As highly respected as dollars not all countries have it but bitcoin is 14 years now, the world is aware of it. Do you think bitcoin will stay if government totally remove their hands or stand against it?

The main thing about cryptocurrencies is good performance in working with big data. Blockchain mechanism is ont something which will always be unique for cryptocurrencies. Nowadays main fiat currencies have become digital too, so they face problems with big data processing. Soon they can adopt blockchain mechanism and transform into pseudofiat currencies with some features of decentralised cryptocurrencies.

[Japinat]

Before the existence of bitcoin they're many other digital economic assets that is in line with government policies like crude oil, gold and much more, government where comfortable with this assets trading online, including forex but crypto currency like bitcoin that would have change lives and alienates poverty from the world, government are afraid of its cumulative value.

There are lots of reason why government doesn't want bitcoin and it is certainly not because it can have a good effect towards the people financially but because, first in foremost, government doesn't want cryptocurrency mainly bitcoin because they cannot control it, tax it, and take advantage of it.

And that's quite understandable because everything that have no use with the government will be useless in their eyes and some countries like China even went to the extremes and banned it. But the people are not in the same sides with government, at least for the majority, because Satoshi Nakamoto created bitcoin so that it can help the people and use it as a hedge against inflation and be a currency that the government cannot dictate.

[AnonBitCoiner]

There is no doubt that bitcoin is highly acceptable coin or asset all over the world and no one can deny its beneficial aspects but if government doesn't allow its uses then no one can use it and I think that government will hardly accept it all over the world because due to the acceptance of bitcoin the economy of the countries are badly disturbed.

I think those who are involved in bitcoin are not interested in doing jobs due to which there are are bad effects on the economy of a country.

[Hamza2424]

Whenever we think like this is the perfect solution for us that is where we are completely wrong in my view we all need to understand that Bitcoin is the only solution for our current problems as self custody, cross border P2P transfers. In the future maybe Bitcoin won't be able to fix our problems so there can be another community standing as it is as we are standing with BTC for some alternative to it. It is just my view you can disagree with it. But remember nothing is perfect except for a few things.

[Slow death]

including forex

 

when I hear that word forex I immediately remember how the internet has become a place where many people who are creating day trade courses and charge a lot of money for the courses lie that they are specialists in day trade, they show a chart that is not moving and they lie to people that they had a successful buy and sell and people believe in this nonsense and I hardly see these gurus trading live and on a bitcoin pair, there are few people who risked trading bitcoin live, all see him on the exchange making and leaving with profit, it is not easy to trade bitcoin and this forex is the dish of scammers

but crypto currency like bitcoin that would have change lives and alienates poverty from the world, government are afraid of its cumulative value.

sincerely, the objective of bitcoin is not to end poverty, although bitcoin is a very volatile asset and because of that it gives high profits it can also cause high losses, so a poor person who only has money to eat should not buy bitcoin, that's why one should not look at bitcoin as something that will end poverty, because it will not

Do you think bitcoin will stay if government totally remove their hands or stand against it?

bitcoin has been around for years and if governments wanted to phase out bitcoin they would have done it years ago, now it no longer makes sense to think that governments would want to get rid of bitcoin, bitcoin has already reached a stage of adoption that has become impossible to reverse and come back to the early days of years ago, I think this is pretty clear

[kaseygriffin]

The issue has always been a controversial topic and is of interest to a lot of people. How can this problem be solved in a good way around cryptocurrencies? How will they cope with increasing awareness and interest in cryptocurrencies as an alternative asset? This challenge is not small for many countries; it is true that some countries accept the use of bitcoin, but many other countries still ban it, and it is worrying for users to experience it. In the future, when bitcoin is constantly evolving, the fact that bitcoin can affect the financial sector is also worth wondering.

[Raflesia]

Do you think bitcoin will stay if government totally remove their hands or stand against it?

Regardless of what they do whether it opposes or ultimately admits this is not going to make anything of the sort for Bitcoin actually because we know Bitcoin is an unrelated thing about it.
Precisely with the existence of Bitcoin at this time there will definitely be a certain dependency if the government adopts and acknowledges this. We know they are still trying to create some conditions where bitcoin is weak but it doesn't really have any impact and this is evidenced by us still holding on maybe even more people are currently in bitcoin.
There will definitely be some situations where the government poses this as a threat but they won't be able to do anything to stop bitcoins because they will continue to exist.

[Obari]

 Do you think bitcoin will stay if government totally remove their hands or stand against it?

Well to the best of my knowledge,  I think Bitcoin  has been thriving despite its rejection and strong fight against it by most of the leading countries like even the United  States  and yet it never died off.
Bitcoin  is already here to stay and I don't see it dying off anytime soon because  there are people and countries who are ready to give in their all to see Bitcoin  stand and I think Bitcoin  will do alot more better if it is globally accepted rather than been fought or kicked against by most of the leading countries.
So answering your questions  directly,  I think Bitcoin  will always stand whether the government  acceot it or not because it isn't controlled by the government.

[YUriy1991]

Bitcoin is an assets that we shouldn't lose or allow to dies off, if you check history of all money weather digital or paper bitcoin circulate faster in values and distributions. As highly respected as dollars not all countries have it but bitcoin is 14 years now, the world is aware of it. Do you think bitcoin will stay if government totally remove their hands or stand against it?

This is like asking why crypto is going up even though interest rates are also going up which is usually when interest rates are going up asset values are going down. that's the crypto world. For the reasons why you should invest in crypto, i.e. BTC and hold it always, it's hard to say very specific, but looking at the current conditions like the Inflation Hedge, they Whales Continue to Collect BTC for a Long Term for at least 1 year and finally, Crypto market now leaves only the strongest players, and no more significant bankruptcies like Celsius, Voyager and other incidents are expected. Yes. bitcoin will stay with us all.

[Iranus]

My question is that how will they (the government) tackle it because bitcoin is a decentralized system asset and the government approved those early assets to be mine and operated in the jurisdictions because they were centralized so the directors and managers were accepting the policies of the government but in bitcoin, if they tell the exchange to stop operation for the exchange of bitcoin among users then p2p transaction will take place instant which the government can't fight with. Because that has come to individual business and not group business again. When government remove their hands from bitcoin then that will be the beginning of bitcoin expansion. Now that many countries ban bitcoin and yet the citizens are using it to the fullest.

If the government bans bitcoin altogether, P2P will be the solution we will be looking for, and the government will know it too. My question is, can we use P2P smoothly and conveniently without the hassle of government bans? I don't think so, P2P also has certain risks if the government really wants to ban us completely. We can still use bitcoin even if we live in a banned country because they (the government) are not so oppressive to us. So don't look down on the government and get too confident that they won't do anything to us.

[BTCBroker2016]

My question is that how will they (the government) tackle it because bitcoin is a decentralized system asset and the government approved those early assets to be mine and operated in the jurisdictions because they were centralized so the directors and managers were accepting the policies of the government but in bitcoin, if they tell the exchange to stop operation for the exchange of bitcoin among users then p2p transaction will take place instant which the government can't fight with. Because that has come to individual business and not group business again. When government remove their hands from bitcoin then that will be the beginning of bitcoin expansion. Now that many countries ban bitcoin and yet the citizens are using it to the fullest.

Small business is always in more danger now mater what is going on.

[posi]

Although it has only been operational for a total of 14 years, Bitcoin is becoming more and more well-known. Despite the numerous unfavorable articles and news stories about Bitcoin that have been published by different media sites, its popularity has not reduced. Although numerous governments have attempted to halt it, it has remained the most valuable coin on the market up to this point. Currently, governments around the world are attempting to accept Bitcoin rather than outright prohibit it. As you consider whether Bitcoin will endure if all national governments decide to destroy it, I believe it's possible that it won't.

I agree with you, I also believe that although bitcoin is decentralized, no one can control it, but if many governments come together determined to destroy it, then I think bitcoin will hardly survive. Currently, the regulations have also made it difficult for us, let alone the government try to destroy us to the end. If they can't wholly destroy bitcoin, we will have a lot of trouble if the government really wants to ban it altogether. But fortunately, that will not happen as many countries have become more friendly with bitcoin and gradually accept it to a certain extent.

[MarjorieZimmermanGinger]

Before the existence of bitcoin they're many other digital economic assets that is in line with government policies like crude oil, gold and much more, government where comfortable with this assets trading online, including forex but crypto currency like bitcoin that would have change lives and alienates poverty from the world, government are afraid of its cumulative value.

The main problem is actually the government wants to act further to control and the concept of bitcoin is contrary to the system they implement. So this goes in opposite directions which in the end the two cannot unite and even though they are forced the two of them can only walk together not to replace each other. This concept has always been a concern for the government and they don't try to accept it with fluctuating reasons that could harm users. Even though if you look further, everyone is starting to feel comfortable with fluctuations and many people already understand how to minimize these risks independently.

Bitcoin is an assets that we shouldn't lose or allow to dies off, if you check history of all money weather digital or paper bitcoin circulate faster in values and distributions. As highly respected as dollars not all countries have it but bitcoin is 14 years now, the world is aware of it. Do you think bitcoin will stay if government totally remove their hands or stand against it?

This kind of concern has been going on for a long time and they tried to ban it with regulatory limits that were started to be made, but in the end the limits again did not make it a conceptual to ban bitcoin. Now we are no longer talking about opposition or prohibition against bitcoin, but how far bitcoin can provide a choice for people to be made as an alternative in the midst of increasingly depreciating fiat financial conditions.

There is no need to worry too much about that and if they wanted to they would have done a more challenging ban a long time ago, but in fact the ban also can't limit anything and instead bitcoin is experiencing such widespread adoption right now.