Post
Topic
Board Economics
Re: bitcoin
by
Bustart
on 27/03/2018, 17:49:55 UTC
economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction

If my understanding is right, you're afraid that the regulations being imposed right now for cryptocurrency is not good because its against the goal of BTC being decentralized?

I don't think these moves will lead us on the wrong direction, we need BTC and other altcoins to be accepted so we need the government to act on it. Thus, giving us regulations.

The whole idea of being decentralized is that there is nothing that can change the network and make it being centralized( there is not a centralized organization that can change the network pre-agreed rules).
Regulators can make law enforcement that will make it harder to convert bitcoin to fiat, they can affect fiat because it's a centralized currency and they decide whether banks accept or not accept the funds that you earned from cryptocurrencies trading.
They have no impact on transactions that are being done within the bitcoin network.

Bitcoin in today's date is the leading cryptocurrency even when the prices are down.It is a good opportunity for those who want to earn money and those who are jobless. Bitcoin gives good amount of returns.The signature campaigns are an easy way to earn Bitcoins.Investing in Bitcoin is also very profitable deed has it gives its uses tremendous amount of profits in a short period of time.Since it is decentralized taxes cannot be implied on it and the people get full amount of returns.
Bitcoin as the leading currency has gone through a lot of ups and downs, but it remains steadfast, undisputed, and indestructuble. We as bitcoiners have to be the voice of truth and change to spread the significance of bitcoin in our daily life, Economy, trading, and more of its kind. Let us push all negativities away and let optimism and morality transcends. Once we change one's mindset it can totally change his world and I hope bitcoin continues to dominate in helping and influencing a lot of people around the world, and together we shall parade to success.