Quote from: diazepam666 on Today at 03:34:11 PM

Quote from: Sulman326 on July 22, 2020, 08:28:21 PM

The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.

Quote from: diazepam666 on Today at 03:34:11 PM

Obviously, Bitcoin is a decentralized platform so you think government can't control the Bitcoin.

Seems like that from it's own intention to exist, bitcoin was decentralized.

Quote from: yhiaali3 on Today at 10:40:44 AM

But reality government can add some regulations of Bitcoin because each country have different set of regulations in government policy so they can add some regulations on convenient manner.

It's the power of the government, if they see that there's a need of implementing rules then law will be there to accompany the ruling.

Quote from: yhiaali3 on Today at 10:40:44 AM

The current situation many exchanges ask the proof of the country so government will monitor our activity.

Government seek for any illegalities as there are chances that money laundering and illegal transactions can happen using bitcoin.