Quote from: tbct_mt2 on Today at 03:00:23 AM

Quote from: Zilon on October 20, 2022, 07:33:59 PM

From all stand point as Bitcoin keeps gaining more popularity and adoptions it won't be inaccurate to say the government are endlessly finding a way to do a complete regulation on Crypto currency specifically Bitcoin

Only if governments launch some super strict regulations like they will put everyone into jail if you install Bitcoin wallet software or run a Bitcoin node or store and use Bitcoin for any purpose. Honestly I don't imagine such future like this. If it happens, the world is without any sort of freedom.

Governments can not detect and prevent people to download and install any software and their citizens in freedom world will not easily accept it. They will make a lot of massive protest to fight and prevent it to be effectively applied. The crowd, the citizen will succeed with their fights for their freedom.

It's not a regulation anymore but a complete ban on bitcoin, I don't think things will go to such extremes. Bitcoin is not a killer disease or a social evil that destroys humanity that the government must severely punish. Human rights is what the world is increasingly moving towards, maybe it won't be completely free because that would create a very chaotic society but we will get some space, some privacy certain in today's modern world.

Bitcoin is the technology of the future and represents a modern world, maybe regulations that will make bitcoin and cryptocurrencies regulated like securities will be what the government is aiming for. They want to collect taxes and control fraudulent activities in cryptocurrencies the way they are doing with securities.