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Author Topic: Crypto markets can exist without government permission  (Read 36440 times)

Offline satpol_PP

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Re: Crypto markets can exist without government permission
« Reply #330 on: August 17, 2024, 01:01:00 PM »


There are a lot of nations that are in the gray area and so they won't be affected legally unless suddenly their government turn their backs on crypto and made a U-turn.

As for the election in the USA, Trump already made a head way that he will be supporting Bitcoin and the rest of the crypto. But so far according to some polls, Kamala Harris is leading and so we won't really know the state of crypto in the US unless Trump wins as we all know that Kamala and his political party are anti-crypto to say the least.
If kamala harris wins while she is anti-crypto, then this will have an impact on crypto. but we have experienced several negative news and bitcoin was initially rejected in many countries, but bitcoin is still surviving until now. so let's just wait, if I hope Trump will win and have a positive impact on crypto because we know Trump is a supporter of bitcoin and crypto.
Exactly, the negative impact on cryptocurrency may be a price drop and what is worse is that Kamala Harris has the opportunity to review the acceptance of cryptocurrency in her country. Trump is likely to be the winner in the ongoing presidential election process. Trump has various policies that are strongly supported by the American people.
if I personally support Trump because he is a businessman and during his leadership of the US he avoided confrontation with other countries. Trump is one of the politicians who supports crypto, this will have a good impact on crypto if Trump wins this election. Hopefully many US citizens will support Trump and crypto. Let's see.

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Re: Crypto markets can exist without government permission
« Reply #330 on: August 17, 2024, 01:01:00 PM »

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Re: Crypto markets can exist without government permission
« Reply #331 on: August 19, 2024, 06:36:13 PM »
if I personally support Trump because he is a businessman and during his leadership of the US he avoided confrontation with other countries. Trump is one of the politicians who supports crypto, this will have a good impact on crypto if Trump wins this election. Hopefully many US citizens will support Trump and crypto. Let's see.
If Trump can actually realize his big plans for the US such as reserve BTC for the federal budget and make the US a crypto hub, it will be a big win for BTC and crypto in the world's largest economy. I was not wrong to always support Trump since the 2016 election, even though I am not a US citizen to vote for Trump.

The US crypto community will have the opportunity to change their financial future by electing a president and congress through this election. I hope they know what they are doing and make the best decision when voting for crypto-friendly congressmen.
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Re: Crypto markets can exist without government permission
« Reply #331 on: August 19, 2024, 06:36:13 PM »

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Offline Themepen

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Re: Crypto markets can exist without government permission
« Reply #332 on: August 19, 2024, 06:58:59 PM »
If Trump can actually realize his big plans for the US such as reserve BTC for the federal budget and make the US a crypto hub, it will be a big win for BTC and crypto in the world's largest economy. I was not wrong to always support Trump since the 2016 election, even though I am not a US citizen to vote for Trump.

The US crypto community will have the opportunity to change their financial future by electing a president and congress through this election. I hope they know what they are doing and make the best decision when voting for crypto-friendly congressmen.
I agree with you about Trump crypto plans being exciting for US and for whole world. If he makes Bitcoin part of US budget and makes America center for crypto it would be big deal and help more people accept Bitcoin. You supported Trump since 2016 which shows you believe in his ideas. Now it is important for US crypto community to choose leaders who will make these ideas happen. Their choices can change the country financial future and more. Let's hope they make smart decisions that help crypto grow and improve.

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Re: Crypto markets can exist without government permission
« Reply #333 on: August 20, 2024, 05:53:05 PM »
I agree with you about Trump crypto plans being exciting for US and for whole world. If he makes Bitcoin part of US budget and makes America center for crypto it would be big deal and help more people accept Bitcoin. You supported Trump since 2016 which shows you believe in his ideas. Now it is important for US crypto community to choose leaders who will make these ideas happen. Their choices can change the country financial future and more. Let's hope they make smart decisions that help crypto grow and improve.
It's interesting that this election is happening simultaneously with the bullrun and we have both political and financial events to follow. I even believe that crypto will be one of the key factors determining the outcome of this election because millions of Americans are investing in crypto and they will choose someone who can protect the crypto market and their legitimate rights.

Currently, Harris is still very naive about finance and crypto. I don't think she can compete with Trump when it comes to inflation, federal debt, the FED, or BTC. Anyway, we will have the results by the end of this year to plan how to handle our crypto assets in this cycle. I hope that we will receive the most positive news for the fate of BTC and crypto in the US.
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Re: Crypto markets can exist without government permission
« Reply #334 on: August 23, 2024, 05:17:01 AM »
I believe that cryptocurrency is a best benefited digital currency in the world. So i think that crypto market is always trying to running in the worldwide. We know that some country were rejected in cryptocurrency, but another we can see that next time they can try to received it cordially. Example we know that trump made bitcoin, which including in US budget and it helps to more people for accept bitcoin. So i think without government permission can running it’s activities.
« Last Edit: August 23, 2024, 05:30:21 AM by Azharul »
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Offline koang

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Re: Crypto markets can exist without government permission
« Reply #335 on: August 23, 2024, 07:52:48 AM »
If Trump can actually realize his big plans for the US such as reserve BTC for the federal budget and make the US a crypto hub, it will be a big win for BTC and crypto in the world's largest economy. I was not wrong to always support Trump since the 2016 election, even though I am not a US citizen to vote for Trump.

The US crypto community will have the opportunity to change their financial future by electing a president and congress through this election. I hope they know what they are doing and make the best decision when voting for crypto-friendly congressmen.
I agree with you about Trump crypto plans being exciting for US and for whole world. If he makes Bitcoin part of US budget and makes America center for crypto it would be big deal and help more people accept Bitcoin. You supported Trump since 2016 which shows you believe in his ideas. Now it is important for US crypto community to choose leaders who will make these ideas happen. Their choices can change the country financial future and more. Let's hope they make smart decisions that help crypto grow and improve.

Vote for Trump to protect our crypto bags :)  Trump is "good with" crypto

We need crypto adoption in the US and are tired of the constant FUD from the SEC.
But Trump has a big ego and at this point, he will pull all the tricks just so he wins.
As is RFK, and he’s a bit more trustworthy but I'm glad Trump understands what blockchain is.
Honestly, Trump has the best chance by far to beat Kamala.

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Re: Crypto markets can exist without government permission
« Reply #336 on: August 24, 2024, 12:19:56 PM »
if I personally support Trump because he is a businessman and during his leadership of the US he avoided confrontation with other countries. Trump is one of the politicians who supports crypto, this will have a good impact on crypto if Trump wins this election. Hopefully many US citizens will support Trump and crypto. Let's see.
If Trump can actually realize his big plans for the US such as reserve BTC for the federal budget and make the US a crypto hub, it will be a big win for BTC and crypto in the world's largest economy. I was not wrong to always support Trump since the 2016 election, even though I am not a US citizen to vote for Trump.

The US crypto community will have the opportunity to change their financial future by electing a president and congress through this election. I hope they know what they are doing and make the best decision when voting for crypto-friendly congressmen.

Only time will tell how things will go ;D Also, it was stated many times by many prominent figures (like Vitalik Buterin, for example) that it's not a good trend to go for politicians because they tell everybody that they are pro-crypto, so to speak.
` Against choosing your political allegiances based on who is "pro-crypto" `, the article was called.

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Re: Crypto markets can exist without government permission
« Reply #336 on: August 24, 2024, 12:19:56 PM »


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Re: Crypto markets can exist without government permission
« Reply #337 on: August 24, 2024, 03:46:40 PM »


Only time will tell how things will go ;D Also, it was stated many times by many prominent figures (like Vitalik Buterin, for example) that it's not a good trend to go for politicians because they tell everybody that they are pro-crypto, so to speak.
` Against choosing your political allegiances based on who is "pro-crypto" `, the article was called.
I agree with Vitalik's statement that supporting politicians is not a good trend, because politicians are already kept to their promises when they are elected. We should focus on our investment and not care about that. Trump and Kamala are fighting, they will definitely find a way to get support.

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Re: Crypto markets can exist without government permission
« Reply #338 on: August 25, 2024, 12:29:42 PM »


Only time will tell how things will go ;D Also, it was stated many times by many prominent figures (like Vitalik Buterin, for example) that it's not a good trend to go for politicians because they tell everybody that they are pro-crypto, so to speak.
` Against choosing your political allegiances based on who is "pro-crypto" `, the article was called.
I agree with Vitalik's statement that supporting politicians is not a good trend, because politicians are already kept to their promises when they are elected. We should focus on our investment and not care about that. Trump and Kamala are fighting, they will definitely find a way to get support.

Yep, it shouldn't be taken as the biggest factor, so to speak. Both in choosing the candidate and in our plans for the future regarding investments and trading.

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Re: Crypto markets can exist without government permission
« Reply #339 on: August 26, 2024, 03:25:25 PM »
I agree with Vitalik's statement that supporting politicians is not a good trend, because politicians are already kept to their promises when they are elected. We should focus on our investment and not care about that. Trump and Kamala are fighting, they will definitely find a way to get support.
I think that support from governments is necessary for crypto to thrive. The President of El Salvador has embraced BTC and we have seen their success. On the contrary, the Nigerian government has banned crypto and investors can only access crypto through inconvenient P2P.

In this election, crypto companies donated a lot of money and played a major role in the final result. At the same time, crypto investors tend to vote for people who will benefit them and I encourage this. We need the political power to elect a crypto-friendly government instead of anti-crypto lawmakers!
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Re: Crypto markets can exist without government permission
« Reply #340 on: September 05, 2024, 08:27:00 PM »
I agree with Vitalik's statement that supporting politicians is not a good trend, because politicians are already kept to their promises when they are elected. We should focus on our investment and not care about that. Trump and Kamala are fighting, they will definitely find a way to get support.
I think that support from governments is necessary for crypto to thrive. The President of El Salvador has embraced BTC and we have seen their success. On the contrary, the Nigerian government has banned crypto and investors can only access crypto through inconvenient P2P.

In this election, crypto companies donated a lot of money and played a major role in the final result. At the same time, crypto investors tend to vote for people who will benefit them and I encourage this. We need the political power to elect a crypto-friendly government instead of anti-crypto lawmakers!
I also agree that we should get government support in investing in crypto, because we need comfort and security. If the government makes rules and takes taxes from its support, I think that's a reasonable thing. El Salvador has allowed bitcoin and crypto as a payment method, but I can't understand why there are still governments that prohibit crypto like the one you mentioned in Nigeria.

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Re: Crypto markets can exist without government permission
« Reply #341 on: September 07, 2024, 12:13:32 AM »
Crypto’s resilience in countries like Nigeria and China really depicts how crypto can thrive despite government restrictions and issues. Which has made many governments to reconsider their stance and decisions, seeing potential benefits like taxes and job creation. But still, global adoption is likely, concerns over volatility and security make governments cautious. I believe crypto will coexist with fiat currency but then the  acceptance of crypto will depend on stable regulations and a clear legal framework.
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Re: Crypto markets can exist without government permission
« Reply #342 on: September 08, 2024, 01:54:58 PM »
I agree with Vitalik's statement that supporting politicians is not a good trend, because politicians are already kept to their promises when they are elected. We should focus on our investment and not care about that. Trump and Kamala are fighting, they will definitely find a way to get support.
I think that support from governments is necessary for crypto to thrive. The President of El Salvador has embraced BTC and we have seen their success. On the contrary, the Nigerian government has banned crypto and investors can only access crypto through inconvenient P2P.

In this election, crypto companies donated a lot of money and played a major role in the final result. At the same time, crypto investors tend to vote for people who will benefit them and I encourage this. We need the political power to elect a crypto-friendly government instead of anti-crypto lawmakers!
I also agree that we should get government support in investing in crypto, because we need comfort and security. If the government makes rules and takes taxes from its support, I think that's a reasonable thing. El Salvador has allowed bitcoin and crypto as a payment method, but I can't understand why there are still governments that prohibit crypto like the one you mentioned in Nigeria.

It directly depends on what kind of government has been formed in the country. The governments of some countries are really interested in building a social, legal state. And then their involvement in regulating the cryptosphere really makes sense, because they are able to establish legitimate rules that will make the relationships in the cryptosphere more understandable and certain.

But if we are talking about countries where the government only thinks about how to steal more while they are in power, then regulating the cryptosphere will only lead to another activity, the taxes from which go into the pockets of those in power. This will not create any advantages for regular crypto activists.
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Re: Crypto markets can exist without government permission
« Reply #343 on: September 08, 2024, 07:08:22 PM »
Crypto’s resilience in countries like Nigeria and China really depicts how crypto can thrive despite government restrictions and issues. Which has made many governments to reconsider their stance and decisions, seeing potential benefits like taxes and job creation. But still, global adoption is likely, concerns over volatility and security make governments cautious. I believe crypto will coexist with fiat currency but then the  acceptance of crypto will depend on stable regulations and a clear legal framework.

Yeah.
It will happen and be integrated eventually.
The question is how much effort and resilience the parties involved will have for that.

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Re: Crypto markets can exist without government permission
« Reply #344 on: September 11, 2024, 05:53:12 PM »
I also agree that we should get government support in investing in crypto, because we need comfort and security. If the government makes rules and takes taxes from its support, I think that's a reasonable thing. El Salvador has allowed bitcoin and crypto as a payment method, but I can't understand why there are still governments that prohibit crypto like the one you mentioned in Nigeria.
El Salvador can easily implement the BTC strategy for the country because it is a small country, they do not have their own fiat, and their president is progressive and understands BTC value for his country. Other countries do not have these conditions, they rely too much on fiat and are not willing to accept the threat from crypto.

People often tend to fear what they do not fully understand, which may be why many governments are cautious and take extreme measures to suppress crypto instead of accepting, managing, and taxing it to develop the country. After all, it is their choice, their actions will affect people choices for the government in the next term.
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