Quote from: stadus on October 24, 2022, 11:15:48 AM

Quote from: tabas on October 24, 2022, 07:47:44 AM

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

Believe you me no matter how advanced bitcoin decentralisation might look or sound the government will never risk giving their citizens full control of their assets. The always want to be in charge and has long has they have this limitation of full custody stricter laws regarding Bitcoin usage might spring up. Technology is advancing

That's why they're the government, they're following the centralized way of managing the country so things must go accordingly to what they're implementing. And as for our assets, it's on you on how you should keep them. They're still giving us some freedom to manage these things as we still get to own them but they've got a portion of it through taxes. We hold and manage our own assets but they're telling us that let's not forget them that they have a part of everything we profit with, whether it's from btc or not.

That should be the case and we can't blame the government for their strict implementation but for us who manage our investment. Besides, we can't put the future of our investment to the government for the reason that they are implementing what is fair and a must to do. I have no problem with the regulation and I was prepared for that already because whether we like it or not, that will come sooner or later. So, instead of thinking negatively about it, I think we need to find a way how to embrace it.

It's a different thing if we're going to let them have full control to our assets. Well, for some countries they're doing that but if we're living in a free country and there's democracy, they cannot do that unless they find your assets came from illegal activities. What they're likely to do is to freeze those assets. But, since we're from crypto and our source is from our own investments and money as we buy bitcoin, there's no way that they'll do that. I almost forgot that, corrupt people also uses bitcoin and if the regulators have found it out that they misuse funds from legitimate sources, they will seize it from the owners if they have leads of them.