Quote from: legiteum on January 09, 2024, 06:14:20 PM

Quote from: Y3shot on January 09, 2024, 05:34:56 PM

Quote from: Bushdark on January 07, 2024, 01:27:18 AM

We should not be surprised that very soon the government would start controlling every aspects of cryptocurrency.

The government may succeed in controlling other cryptocurrencies but as for bitcoin it won't be possible for them, the government before now have tried to short down bitcoin or to control it but didn't work out for them. The government will not have any option to accept Bitcoin when they understand bitcoin is beyond control for anyone to to destroy it. Some countries that used to be big enemy of bitcoin are accepting bitcoin, this is what happens when they can't control bitcoin.

Governments don't need to control the assets themselves, they will (and often do already) control all the points of entry and exit.

Personally I think cryptos (and all digital assets) are going to be regulated just like stock shares if they aren't already. That won't effect your ability to buy or sell it, or transact with it. It will, however, effect your ability to conduct crime with it, or to evade taxes with it. The US clamped down on physical cash starting in the 1970s, and they will do the same thing for digital stuff.

The government may try to block the access of buying and selling crypto but it may not work for them completely because this is not the first time that the government have been trying frustrate people from using cryptocurrency but still people still try their best to use cryptocurrency even with all restrictions from the government. Their is nothing the government will do that will totally shutdown and make people from using cryptocurrency.