Crypto markets can exist without government permission

[MrSpasybo]

It is reasonable for the current government to do this because it is indeed in an effort to maintain good stability and stabilize the economy without sacrificing the existence of crypto itself. agreeing, with the central authority can provide flexibility for local exchanges to be able to play an active role, so that from there, stability can occur and, of course, to be able to benefit from the taxes imposed without reducing the applicable regulations so that citizens can still be guaranteed

We have many examples of how to integrate crypto into the economy to create a positive impact on the country, such as El Salvador crypto policy or the EU MiCA. We still only talk about crypto and not crypto-currency so that crypto does not come with the goal of replacing fiat in the economy.

Governments are chosen by the people and will not dare to go against the people wishes in the long run. Accepting crypto is something they will naturally have to do, it's just a matter of time and the legal framework they will use to manage and benefit from this new market.

[Gurujebs]

Governments are chosen by the people and will not dare to go against the people wishes in the long run. Accepting crypto is something they will naturally have to do, it's just a matter of time and the legal framework they will use to manage and benefit from this new market.

Accepting Bitcoin is one thing and making a regulation that will makes it looks like the way it's is another thing. The government can't be trusted and that's why Bitcoin even existed in the beginning before it went to the main stream where instsit investor want to be here with crypto but because of the absence of regulation, the government doesn't has a say.

If something has government approval, know for sure that it's something they have to control and this why as we ask for government adoption, they counter it with regulation so they can monitor everything around it.

[malah]

Governments are chosen by the people and will not dare to go against the people wishes in the long run. Accepting crypto is something they will naturally have to do, it's just a matter of time and the legal framework they will use to manage and benefit from this new market.

Accepting Bitcoin is one thing and making a regulation that will makes it looks like the way it's is another thing. The government can't be trusted and that's why Bitcoin even existed in the beginning before it went to the main stream where instsit investor want to be here with crypto but because of the absence of regulation, the government doesn't has a say.

If something has government approval, know for sure that it's something they have to control and this why as we ask for government adoption, they counter it with regulation so they can monitor everything around it.

Bitcoin is recognised as a freedom of finance, but its existence in the world governed by governments means it has rather intricate relationships. The concept of regulation is actually something that can provide a bridge here, to help facilitate wider adoption, without removing the core principles of decentralisation. To encourage openness in this process of regulation, more so in the framework involving communities and governments, we can make it a point that the above transparency is in full practise to regulate as a team. Thus, it is possible to establish an environment in which no one will be harmed and at the same time preserve the fundamentals of platform development and freedom inherent in Bitcoin.

[doc]

Governments are chosen by the people and will not dare to go against the people wishes in the long run. Accepting crypto is something they will naturally have to do, it's just a matter of time and the legal framework they will use to manage and benefit from this new market.

Accepting Bitcoin is one thing and making a regulation that will makes it looks like the way it's is another thing. The government can't be trusted and that's why Bitcoin even existed in the beginning before it went to the main stream where instsit investor want to be here with crypto but because of the absence of regulation, the government doesn't has a say.

If something has government approval, know for sure that it's something they have to control and this why as we ask for government adoption, they counter it with regulation so they can monitor everything around it.

No one can control bitcoin even though the government legalizes bitcoin but no one can control bitcoin, the government only makes regulations so that citizens feel comfortable investing in bitcoin and the government can collect taxes from transactions on local exchanges. that's what I've understood so far, because centralized technology cannot be controlled by anyone.

[MrSpasybo]

No one can control bitcoin even though the government legalizes bitcoin but no one can control bitcoin, the government only makes regulations so that citizens feel comfortable investing in bitcoin and the government can collect taxes from transactions on local exchanges. that's what I've understood so far, because centralized technology cannot be controlled by anyone.

Yeah, governments have been forced to accept BTC & crypto under pressure from the investment community and they also want to collect crypto taxes to enrich their budgets. What makes BTC valuable is that it doesn't belong to any government or country, BTC is operated by thousands of decentralized nodes and is not subject to the direction of any presidents or political groups.

Currently, we are no longer worried about extreme bans from governments, we are just watching how they approach this market in the race to adopt crypto. If this race becomes fierce, BTC price will increase sharply when the supply cannot meet the demand of greedy governments.

[dekafee79]

No one can control bitcoin even though the government legalizes bitcoin but no one can control bitcoin, the government only makes regulations so that citizens feel comfortable investing in bitcoin and the government can collect taxes from transactions on local exchanges. that's what I've understood so far, because centralized technology cannot be controlled by anyone.

Yeah, governments have been forced to accept BTC & crypto under pressure from the investment community and they also want to collect crypto taxes to enrich their budgets. What makes BTC valuable is that it doesn't belong to any government or country, BTC is operated by thousands of decentralized nodes and is not subject to the direction of any presidents or political groups.

Currently, we are no longer worried about extreme bans from governments, we are just watching how they approach this market in the race to adopt crypto. If this race becomes fierce, BTC price will increase sharply when the supply cannot meet the demand of greedy governments.

I agree with you who make bitcoin valuable because bitcoin is owned by the government and we can have financial freedom from bitcoin because the technology is decentralized from bitcoin.
Currently the government is forced to accept this technological surprise because the crypto community is already large in every country, so whether they like it or not the government must make rules and accept bitcoin.

[satpol_PP]

Governments are chosen by the people and will not dare to go against the people wishes in the long run. Accepting crypto is something they will naturally have to do, it's just a matter of time and the legal framework they will use to manage and benefit from this new market.

Accepting Bitcoin is one thing and making a regulation that will makes it looks like the way it's is another thing. The government can't be trusted and that's why Bitcoin even existed in the beginning before it went to the main stream where instsit investor want to be here with crypto but because of the absence of regulation, the government doesn't has a say.

If something has government approval, know for sure that it's something they have to control and this why as we ask for government adoption, they counter it with regulation so they can monitor everything around it.

The government can only monitor crypto transactions on local exchanges, so we don't need to worry about government regulations. because this actually makes investors safer and more comfortable in investing because the government can accept bitcoin and crypto as investments from its citizens.
The government always takes taxes from our transactions on local exchanges and that makes us have to let our profits be taken by the government as compensation from the government allowing us to invest in crypto

[milewilda]

No one can control bitcoin even though the government legalizes bitcoin but no one can control bitcoin, the government only makes regulations so that citizens feel comfortable investing in bitcoin and the government can collect taxes from transactions on local exchanges. that's what I've understood so far, because centralized technology cannot be controlled by anyone.

Yeah, governments have been forced to accept BTC & crypto under pressure from the investment community and they also want to collect crypto taxes to enrich their budgets. What makes BTC valuable is that it doesn't belong to any government or country, BTC is operated by thousands of decentralized nodes and is not subject to the direction of any presidents or political groups.

Currently, we are no longer worried about extreme bans from governments, we are just watching how they approach this market in the race to adopt crypto. If this race becomes fierce, BTC price will increase sharply when the supply cannot meet the demand of greedy governments.

I agree with you who make bitcoin valuable because bitcoin is owned by the government and we can have financial freedom from bitcoin because the technology is decentralized from bitcoin.
Currently the government is forced to accept this technological surprise because the crypto community is already large in every country, so whether they like it or not the government must make rules and accept bitcoin.

Government do pretty sure trying out to crack down Bitcoin before as it is already that making up some noise but still they have failed out on doing so and thats why now that they do realize that this is something that cant really be stopped then they do rather just simply accept it out because there's nothing they can do. They've seen that institutions are really that starting up to accept it out and there are ones who do make it as a legal tender on which signifies that there's so much trust into it and thats why its not really that not shocking that they will really be making up some other actions towards it and instead on trying to crack it directly, they do rather impose strict regulations into those services that offers or in correlates with crypto.

[MrSpasybo]

Government do pretty sure trying out to crack down Bitcoin before as it is already that making up some noise but still they have failed out on doing so and thats why now that they do realize that this is something that cant really be stopped then they do rather just simply accept it out because there's nothing they can do. They've seen that institutions are really that starting up to accept it out and there are ones who do make it as a legal tender on which signifies that there's so much trust into it and thats why its not really that not shocking that they will really be making up some other actions towards it and instead on trying to crack it directly, they do rather impose strict regulations into those services that offers or in correlates with crypto.

We are seeing many companies starting to accumulate BTC for their treasury, which is a good sign, but it will also make governments worried because the demand for holding government bonds from businesses will decrease. Governments will need to have many new policies to protect themselves while still having to accept crypto according to the wishes of the voters.

Typically, governments will impose unreasonably high taxes, for example 28% or even 42%. I believe that those governments will need more feedback from the people to be able to adjust their greed. The South Korean government is doing a great job when they exempt crypto taxes for a few more years so that everyone can comfortably invest and enjoy all the profits from crypto.

[satpol_PP]

Government do pretty sure trying out to crack down Bitcoin before as it is already that making up some noise but still they have failed out on doing so and thats why now that they do realize that this is something that cant really be stopped then they do rather just simply accept it out because there's nothing they can do. They've seen that institutions are really that starting up to accept it out and there are ones who do make it as a legal tender on which signifies that there's so much trust into it and thats why its not really that not shocking that they will really be making up some other actions towards it and instead on trying to crack it directly, they do rather impose strict regulations into those services that offers or in correlates with crypto.

The government initially rejected bitcoin because we read a lot of news that bitcoin was opposed by almost all countries. But now the government is trying to accept bitcoin because bitcoin is getting more famous.
There are even countries that allocate funds to buy bitcoin in large amounts.
So other countries' governments should consider accepting bitcoin and maybe in the future will allow bitcoin as a means of payment

[Stuart]

The issue with the Nigerian government over crypto and it's users is the money that can be generated through the industry in a short period of time, either as an investor or trader. The crypto industry has shown a tremendous spark on financial freedom to the Nigerian users, and this is what came as a threat to the Nigerian government, that with this system, anyone can have financial freedom at ease.
This took time before the Nigerian citizens started developing interest in the crypto community due to the fear of scam and losing of money that can't be traced or regained. But now, they are high in the crypto industry.

The period of ban on crypto currency in Nigeria, gave a firm stand of the P2P system of trading.

Government do pretty sure trying out to crack down Bitcoin before as it is already that making up some noise but still they have failed out on doing so and thats why now that they do realize that this is something that cant really be stopped then they do rather just simply accept it out because there's nothing they can do. They've seen that institutions are really that starting up to accept it out and there are ones who do make it as a legal tender on which signifies that there's so much trust into it and thats why its not really that not shocking that they will really be making up some other actions towards it and instead on trying to crack it directly, they do rather impose strict regulations into those services that offers or in correlates with crypto.

The government initially rejected bitcoin because we read a lot of news that bitcoin was opposed by almost all countries. But now the government is trying to accept bitcoin because bitcoin is getting more famous.
There are even countries that allocate funds to buy bitcoin in large amounts.
So other countries' governments should consider accepting bitcoin and maybe in the future will allow bitcoin as a means of payment

Countries that has already accepted the use of Bitcoin and other crypto currencies are countries that has seen that the crypto industry has come to stay, and any ban placed on it, generates another idea or way that can byepass the ban without official trace. It is better for other countries to start making plans on accepting the use of crypto currencies and creating a way to control it's use to avoid illegal activities.
Any country fighting against Bitcoin and altcoins is probably fighting a vain fight, instead, they should start developing a means on how it can help the country's economy.

[taufik123]

-snip-
Any country fighting against Bitcoin and altcoins is probably fighting a vain fight, instead, they should start developing a means on how it can help the country's economy.

Fighting against Bitcoin is like a person who doesn't even believe in technological advancements. Even China has now lifted the ban on bitcoin because they know the potential of bitcoin and its technology in the future.

Each country may have different regulations regarding bitcoin, but not to ban it and only provide appropriate regulations but still controllable, that's better.

[MRY]

Government do pretty sure trying out to crack down Bitcoin before as it is already that making up some noise but still they have failed out on doing so and thats why now that they do realize that this is something that cant really be stopped then they do rather just simply accept it out because there's nothing they can do. They've seen that institutions are really that starting up to accept it out and there are ones who do make it as a legal tender on which signifies that there's so much trust into it and thats why its not really that not shocking that they will really be making up some other actions towards it and instead on trying to crack it directly, they do rather impose strict regulations into those services that offers or in correlates with crypto.

The government initially rejected bitcoin because we read a lot of news that bitcoin was opposed by almost all countries. But now the government is trying to accept bitcoin because bitcoin is getting more famous.
There are even countries that allocate funds to buy bitcoin in large amounts.
So other countries' governments should consider accepting bitcoin and maybe in the future will allow bitcoin as a means of payment

The rising acceptance of bitcoin is evidence that this innovation holds much promise in revolutionising the way we trade and build wealth. It is still evident today that when utilised sufficiently controlled, bitcoin is evidence that such innovative currency can be adopted. It can also bring benefits for the other countries to review the prospects of bitcoins adoption for themselves.

It is possible to have clear and transparent rules that would help create a defensive working environment for the users and bring about extra economic returns. Those who work for the advancement of such technologies do not only adapt to the socially established tendencies, but also make ourselves ready for the better and more widely open world.

[bitterguy28]

Fighting against Bitcoin is like a person who doesn't even believe in technological advancements. Even China has now lifted the ban on bitcoin because they know the potential of bitcoin and its technology in the future.

we know exactly why governments were hesitant in adopting bitcoin back then and it’s because of bitcoin’s decentralized nature that doesn’t allow them to gain full control of the network so they ban it completely but now they realize that the benefits outweigh largely the things they are scared of

Each country may have different regulations regarding bitcoin, but not to ban it and only provide appropriate regulations but still controllable, that's better.

the government won’t allow for complete control to be given to their citizens but at least this way they can still benefit from bitcoin if they don’t ban it and just regulate it

[nakmantu99]

-snip-
Any country fighting against Bitcoin and altcoins is probably fighting a vain fight, instead, they should start developing a means on how it can help the country's economy.

Fighting against Bitcoin is like a person who doesn't even believe in technological advancements. Even China has now lifted the ban on bitcoin because they know the potential of bitcoin and its technology in the future.

Each country may have different regulations regarding bitcoin, but not to ban it and only provide appropriate regulations but still controllable, that's better.

I think every country will eventually accept bitcoin and tax crypto transactions on their local exchanges.
The government will have rules for bitcoin investors. And now the government in every country has started to accept and allow bitcoin, although some have not accepted bitcoin as a payment method.