Quote from: Kimonoe on June 12, 2019, 04:31:04 AM

Quote from: lepbagong on June 11, 2019, 12:59:40 PM

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Quote from: Moshaid on June 10, 2019, 07:03:12 PM

I don't see this idea being accepted because a coin controlled by the whole seven great country would be really difficult to accept. One of the reason why bitcoin is what it is today is because it's not controlled by any factor nor governmental bodies which makes it a decentralized coin. I don't see any reason we should diversify to another coin rather let's make bitcoin adoption more popular.

Exactly.Instead of resorting into bitcoin coin,i think we should focus more on bitcoin adoption by the government.For me,bitcoin will not just fail easily knowing that every year its value increases long with its popularity too.More and more people are already inclined with bitcoin and all other forms of cryptocurrency.

right, the government holds control of a country. so every policy, of course, must be obeyed by its citizens. therefore I think this is the most effective step. and of course the policy must be in favor of the development of bitcoin

but is it really easy for a country to be able to control and operate bitcoin, because the movement of bitcoin is a uniqueness that cannot be regulated and moves up and down cannot be predicted at all. I think it's good to let Bitcoin grow on its own as it has happened so far. and supports so that bitcoin is more stable and moves in a positive direction

I don't think it's possible to regulate bitcoin, because of the decentralized system. no one can control bitcoin except for those who have the most supply of bitcoin. the more bitcoin is spread, I think it's increasingly difficult to control

I have been thinking a lot too, how regulation will encourage the government to adopt Bitcoin, but I have not really seen anything that will make regulation possible because of the reason you gave, it they regulate Bitcoin on paper, it will not hold much weight because government will still not have any clue to who uses Bitcoin for a transactions or who does not.

This is really going to be a difficult thing, the only thing they can regulate is cryptocurrency generally and which they must create their own decentralized coin before they can do so, and I think that is why India is planning to create their own digital coin instead of embracing Bitcoin.