Post
Topic
Board Legal
Re: Bitcoin centralization and governmet control
by
Argoo
on 27/03/2021, 05:05:13 UTC
As long as there is a decentralized cryptocurrency, governments will try to control it as much as possible. This process of confrontation will last for a very long time, since, indeed, the cryptocurrency has many opportunities to resist such control.
Over time, a certain golden mean should be worked out in this matter, which should generally suit both cryptocurrency owners and the government.
But what form this golden mean will have? What do you think ?
I think that state control over cryptocurrency can be organizational, without interfering with the nature of its functioning. States may well determine the conditions and procedure for the circulation of cryptocurrency in society, determine its legal status, the procedure and amount of taxes on profits when using it. However, the conditions of circulation and the amount of the determined tax may also be different, and here states, if they wish, can abuse their position.