Post
Topic
Board Bitcoin Discussion
Re: how governments can regulate digital currencies?
by
South Park
on 09/11/2018, 22:33:50 UTC
Though it’s easy to see why governments would want to regulate the movement of digital currencies, the reality of doing so is much harder. A lot of wallets have no identification to them and rest on a server in a third party country. In the case of offline wallets in devices such as the Ledger Nano, they’re not connected to any network.so is it possible to regulate ?

No. That's the whole point.

People own and control their money.

Nobody cares what each government wants, they all want different things in different era's.

People want to own and control their money though...that won't change....it's a pretty simple concept.
And yet many people do not get the concept of self determination, I understand the desire of the government to have some control of the society because that is why we created governments in the first place, but now were coming to a point in which decentralized solutions are becoming better than centralized solutions and instead of understanding this the government is opposing the change because they do not want to lose their power.