Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: bdsharminsoltana on September 29, 2018, 01:58:12 PM
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As of now, more and more users are getting the hang of sitting by their computers all day and they get paid millions through the help of bitcoins. What they earn is more than what they had in real life which makes life convenient and easier.
On the other hand, bitcoins are really helpful and accessible to everybody or to a group of individuals and they just click and their wallets get full. But what if, sometime in the future, bitcoins become more private and unaccessible? Will that cause a problem? What could've happened to us who were engaged in it first rather than the newbies to come?
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I think that nature of Bitcoin and the way it was built makes impossible a private usage or even centralized usage of it. If someone want to do something like that he can't use BITCOIN but have to create another coin.
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bitcoin will hard to access in the future when the all government in all country in the world is not agree with bitcoin and they will stop using bitcoin and another cryptocurrency because they think that bitcoin is dangerous, it will make us hard to access bitcoin in the future, so we all hope that it will never happen.
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In the future, Bitcoin will really strict to access as the population grow. The manager of bitcoin will have to think and improve the security of investors and also to lessen the scams and fraud.
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I don't think so. In the future, Bitcoin will become increasingly popular and accessible. Unless Bitcoin dies, it will never happen.
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There are too many projects working for the health sector, so it doesn't have to be a btc, maybe some countries will use their own infrastructures, but it's not time now.
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As of now, more and more users are getting the hang of sitting by their computers all day and they get paid millions through the help of bitcoins. What they earn is more than what they had in real life which makes life convenient and easier.
On the other hand, bitcoins are really helpful and accessible to everybody or to a group of individuals and they just click and their wallets get full. But what if, sometime in the future, bitcoins become more private and unaccessible? Will that cause a problem? What could've happened to us who were engaged in it first rather than the newbies to come?
If there is really a day that bitcoin become so inaccessible, the price of bitcoin will definitely be very high compare to now. I believe this scenario will not be happening as crypto is decentralized and if this is happening is more like market manipulation.
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like you explained, everything has changed since bitcoin was born, one can get hundreds of dollars just in front of the computer.
if only bitcoin is private, it doesn't matter, as long as other altcoins are still free to be owned by everyone :)
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~snip~ But what if, sometime in the future, bitcoins become more private and unaccessible? ~snip~
I don't think it will happen since there are millions active bitcoins users who keep the circulation and make bitcoins always accessible. Crypto market always develops day to day even the carypto price falling down. The indication can be analyzed from the number of new exchanges currently. They will keep bitcoins to be always accessible and not owned for someone only.
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I even think that bitcoin in the future will be easier to use by anyone and can be accessed at any time, bitcoin in the future may be faster in transactions and less in paying fees when making transactions
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I believe this scenario will not happen because crypto is decentralized and if this happens more like market manipulation. If there really is a day when bitcoin becomes inaccessible, the price of bitcoin will definitely be very high compared to now.
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it's true that bitcoin provides a lot of convenience, especially in financial matters, and I strongly believe that bitcoin can free financial problems, but for the future, bitcoin can be difficult to access.
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I don’t think that any regulation will help to somehow change the situation, but if you introduce any kinds of responsibility for projects and their teams, then I think that this will create a more favorable atmosphere!
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very likely bitcoin will be difficult to access in the future because so many who hunt for bitcoin are so that the procedure will be tightened and that makes bitcoin difficult to access but my hope in the future bitcoin is even easier to access
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When it will be regulated there is a chance that it will be too difficult to access. Only the identify people can easily access bitcoin. Government and crypto have long way to travel in the essence of future.
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Thanks to its decentralization, Bitcoin is so cool and valuable now. It will never be centralized, but if governments take Bitcoin at the legislative level, then all exchanges, exchangers and the entire turnover of Bitcoin will be monitored by government agencies and on any exchanges, stores, exchangers will require identification. This may shake Bitcoin decentralization in the long run.
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for now, the transaction speed of bitcoin has been lose compared to some types of Altcoin. I can't imagine in the future. may need further development from the BTC technology . 8)
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I don't think that it will be harder to access it. There are so many wallets, trading and exchange services that no one could close them at once.
Look how easy it is now. And I believe that more people involved in it let the rate rise according to their investments.
If there will be few of them - it will have no sense.
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It was a positive development.Japan’s Prime Minister Appoints Pro-Blockchain Figure as Minister of Science, Tech, IT
prominent pro-blockchain politician has been appointed as Japan’s Minister of Science, Technology, and IT, Cointelegraph Japan reported October 2. His appointment comes as part of the fourth reshuffle of Japanese Prime Minister Shinzō Abe's cabinet.
Takuya Hirai, a member of the ruling Liberal Democratic Party (LDP), and reportedly one of the architects of a law legalizing crypto exchanges in Japan last year, will take up the key role as head of the ministry — charged, among other things, with overseeing official government policy towards financial technologies.
As CT Japan outlined, Hirai has been proactive in promoting blockchain as part of his role as chairperson of the Liberal Democratic Party's IT Strategy Special Committee, as well as chairperson of the Fintech Promotion Parliamentarians’ Federation.
link for news:
https://cointelegraph.com/news/japans-prime-minister-appoints-pro-blockchain-figure-as-minister-of-science-tech-it (https://cointelegraph.com/news/japans-prime-minister-appoints-pro-blockchain-figure-as-minister-of-science-tech-it)
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That would not happen since services are trying to connect to the general masses lately, even suggesting that sending and receiving bitcoins through SMS would be a good addition to the ecosystem. One of the main proponents of the bitcoin whitepaper is to make it as decentralized as possible, and true to this--though some aspects of it have lost its decentralized nature--bitcoin is still somewhat decentralized. No central authority could ever own the whole of bitcoin, and services built around bitcoin can create things and content to satisfy the masses' needs and whatnot. The inaccessibility will come to the services, not from bitcoin itself.
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I don't think it will happen since there are millions active bitcoins users who keep the circulation and make bitcoins always accessible. Crypto market always develops day to day even the carypto price falling down. The indication can be analyzed from the number of new exchanges currently. They will keep bitcoins to be always accessible and not owned for someone only.
I agree with that, many exchanges can keep the bitcoin to be always easy to access till the future. Not all people can hold the bitcoin for long time. Some people will trade it because of many reasons. They need fiat, it makes them to trade bitcoin.
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it can be bitcoin will be difficult to access, bitcoin prices are never stable as before, bitcoin prices are now very ugly, I switched to working in an altcoin forum, I am now not investing in bitcoin
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What can be regulated is not BITCOIN but the way when BITCOIN and other crypto have to be converted in FIAT. There can be restictions there so people even if they are free to hold and manage their bitcoin and crypto then could be limited when they have to change them to FIAT
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What is certain when Bitcoin is difficult to access will cause problems. Because of the desire of the old users, that is, with the entry of more and more new users and investing in Bitcoin, then the price of Bitcoin will continue to rise, that's what is waiting for users like us. If Bitcoin is difficult to access, Bitcoin will also be difficult to experience price increases. That's a problem for me and the users here.