Quote from: hispout on April 05, 2018, 09:35:27 AM

Quote from: Funeral Wreaths on March 31, 2018, 07:24:19 AM

Quote from: Jonsnowstark on March 31, 2018, 07:11:32 AM

Quote from: rowel21 on March 30, 2018, 01:35:15 AM

What is the possibility effect of this in both side
Are this a good thing to happened
https://www.bloomberg.com/news/articles/2018-02-12/why-governments-might-join-the-cryptocurrency-craze-quicktake

These governments i think only wants to use the blockchain technology to track down and gain control over their peoples money. Decentralization has always been the reason why bitcoin was materialized. With government attempting to incorporate this technology, it only defeats that purpose. To invest in a currency controlled by the government and central banks is really unwise. I hope people will not support these. Trump's action on banning venezuela crypto is a good one. I hope people will see that they're losing their money over things that don't come through.

i am still doubted about these actions though, but i am also doubted if is it really a good choice on legalizing bitcoin and as you have said that they want to penetrate the crypto world, or should we say the government wants their hands on cryptocurrency. i really think you have the point, but still what is the point of banning bitcoin, since if it is considered illegal, a lot of us would be at stake right?

Looking into the banning and against system Bitcoin is still running and has survived a lot which is witnessing that we should not fear and should not consider if any government is against so Bitcoin is dieing and we should think of the legalization of Bitcoin as we know that Bitcoin is legal but if any government is considering it illegal and banning it then we should make a clear proposal for its legalization and to let them know of the Blockchain technology that results in no illegal transactions.

i think it will be difficult in my country if we make a clear proposal, but although not yet legalized still grateful because only on the prohibited transactions, i think this is not a problem for me, but it would be great if it is legalized