Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: kemalramdanu on October 01, 2018, 01:25:46 PM
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Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.
China bans mining
South Korea will not ban crypto but obviously does not welcome it
India banning crypto
I fully expected this resistance from governments.
Don't be surprised if more countries come out against bitcoin
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Most of the governments? Excuse me but so far we see only a few countries (maybe 3-4 or 5) thinking not to ban cryptocurrencies but to regulate.
China has stopped ICO and not Bitcoin: yes and I think it's good, honestly, most ICOs are crappy. So in the end, it helps cryptocurrencies to not get the cryptos tarnished by a bad reputation
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I dont think like that.
As long as people already adopted and using blockchain in mass adoption, goverment cannot do anything.
And i think its not banning exactly. It calling regulate them and I agree exactly if they go regulate ICO cause a lot of ICO right now is more scamming, copy paste the old coin feature and plus some not so important feature. So the people will not got scammed easily. Just feel sorry for them who got scammed.
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Few countries doesn't mean ALL of them. Of course for some of them widening of Bitcoin is a kind of economic disaster - that's why they try to ban and forbid it.
But still people have some as it's hard to know whether you own some or not.
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Only a few not most of the country...and it is their government..so we cannot do about it..we just hope that in time they will see the bright future that cryptos can give and not only the negatives they are looking at...but all in all...they still want the security on their money that is why they didn't embrace the crypto yet..
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Well not just the countries themselves, but it seems the central banks (which are not always part of the government, like the U.S. Federal Reserve) are very against crypto because it will take their power away.
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every country must have a reason, but I always believe that someday there will be many countries that accept cryptocurrency, because it is realized or not, cryptocurrency plays an important role for future technological advances.
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Indeed, what I observed was that the ban would not affect the interests of Bitcoin users. Like Russia, Russia itself forbids its citizens to use Bitcoin but instead the world's biggest Crypto user is Russia. So this Blockchain-based crypto system will not be affected by government policies in all countries.