Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bruks on October 19, 2018, 06:24:13 AM
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Bitcoin don’t need any permission on government??
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Hmm,,, I think its does due to finance regulations. Bitcoin has already make a large number of people getting interest in Crypto meanwhile the government will submit themselves soon
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7- Always use a meaningful title for new topics. Not 1-2 words that are general! title should explain what the question is !!!
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I think their is no need of government to regulate it because the bitcoin technology is already very wide and day by day people connected to it.
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As we see, bitcoin and cryptocurrency do not need the permission of governments to exist, but that bitcoin could show itself completely, then of course it will be not possible without governments.
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The current government is like at a crossroads. Because when making a decision to ban cryptocurrency, many people actually use it. In my opinion, if the government supports cryptocurrency, it will get many benefits. From the new tax collection on cryptocurrency, it will be able to increase state revenues and cash. But the decision is indeed in the hands of the government to accept or prohibit it.
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I think the government is only trying to make sure everything is under their control, thats why there several controversies about this cryptocurrency ban and so on.
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I think to the government this freedom allowed the unfettered investing of the technology and put men on the moon . Any citizen can become whatever he wants .
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Bitcoin don’t need any permission on government??
Regulation of this sphere is necessary for all countries and governments to recognize Bitcoin and cryptocurrencies as means of payment or securities. Of course, there is no need to go too far, but it is necessary to protect against fraud.
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Surely bitcoin dont need any permission from goverment. But if all goverments will ban bitcoin surely that decision will reflect on prices. Because if we can not cash our or if we can not buy something with bitcoin surely that will be very bad for bitcoin.It will not end for bitcoin but that will kill bitcoins value that is clear.
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At present the Government still cannot accept Bitcoin legally and is free to use. Because according to them Bitcoin will affect economic activity and also state finances and many banks in the country will go bankrupt because of Bitcoin. Therefore the government still thinks long to be able to legalize Bitcoin in their country.
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Bitcoin directly does not require government approval because the blockchain and the crypto market are on a global network on the internet and they are decentralized and this makes the government sensitive to crypto
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Bitcoin is known to have a large number of communities, not even a government that can prohibit someone from getting to know blockchain and bitcoin technology.
Bitcoin does not require permission, because everything is transparent, but for transactions, bitcoin requires recognition in every country
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Bitcoin directly does not require government approval because the blockchain and the crypto market are on a global network on the internet and they are decentralized and this makes the government sensitive to crypto
I think it still needs licensing from the government, especially regulations because crypto users are citizens of a country and in each country there are regulations that need to be obeyed to provide services to the community to be better
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Bitcoin don’t need any permission on government??
In order to walk in our world, Bitcoin does not need the permission of governments. However, in order for Bitcoin to legally go in each state and its owners are protected by the laws of these states, it needs legalization, that is, the determination of its official status, the order and conditions of its circulation on the territory of the state and, as a rule, the order and conditions of its taxation.
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Fist of all @unknown is right. The title should be clear. There are already too many governments actively support cryptocurrencies. But unfortunately, these governments are not governments of developed countries. For instance, if the US starts to support cryptocurrencies we will see an immense rise in the market volume.
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For me bitcoin don't need a permission by the government except if the government want to implement bitcoin in any country and if there's a rule and regulations to follow.