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    Author Topic: Government trying to stop bitcoin, what I see  (Read 1713 times)
    wxa7115
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    Bitcoin is GOD


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    September 27, 2018, 09:30:54 PM
     #141

    Here is what I see each time the government tries to stop or control bitcoin-






    Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
    The picture is hilarious, but it is the truth, governments are trying to stop cryptocurrencies but it's going to be impossible for them to do it because cryptocurrencies were created in such a way that they can resist such censorship, from the very beginning satoshi saw this and planned for it, and governments are very confused about what to do with them, if they forbid them then they are showing their hand and telling the people that they are not willing to accept competition in the realm of fiat.

    But if they do not do it then people are going to keep adopting cryptocurrencies and the problem is going to become larger and larger, and if they try to regulate the market people are just going to ignore the regulations because they do not have to obey them because the government doesn't even know who they are.
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