Topic: Bitcoin's strength is that nobody can crack it yet - page 7. (Read 1850 times)
Internet and the constant update of blockchain is bitcoin's strong suit, it is clearly not governed by any world government and cannot be banned. It being cracked, it is largely not posible for now but nothing stays impossible for ever.
The government prohibits Bitcoin because it does not work, it can not enrich the country if we trade a large sum of money. However, Bitcoin will later prove its versatility and convenience, and The government will accept it. When they deal with tax issues, they have no reason to prohibit Bitcoin transactions.
And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
We cant determine that but lets just hope because I know that government really hates bitcoin that they will find a way to destroy it. We cant predict what will happen in the future. No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
That is why we must make bitcoin independent from tracking
Your statement is really true.
Bitcoin can be appreciated because of its anonymity and is so secretive about its owner.
If Bitcoin is not a secret, maybe the story will be different in the future.
that's right bro. especially how to predict the bitcoin price movement. because until now I have never heard and see there are people who can predict price movement bitcoin gan .
Most likely, no one can create fake BTC coins, which is the strength that BTC money, fiat can not overcome this place.
Exactly! Bitcoin technology (protocol and cryptography) has a strong record of security records, and the Bitcoin network is likely to be the largest distributed tally project in the world. Bitcoin's most common disadvantage lies in its user error.
Bitcoin is strong as a technology but it has grown so big that at this point, Bitcoin is the only thing that could destroy itself. We don't have quantum computers at this point but whenever it will be there in the market
I do not think that it is not possible to crack the bitcoin code. What we should however know is that the chance of it being cracked can only come from a highly sophisticated and well organised system that would have billions of dollars to spend in the purchase of hardware and related components that is not and cannot be called ordinary.
The advantage of BTC is that no organization or country can control BTC!
Bitcoin information and computers running calculations are provided by participants on the Internet. In this way, no country can fully control it, and it can realize the free exchange of various currencies through Bitcoin. More importantly, Bitcoin transactions only authenticate passwords and do not authenticate individuals, so its transactions can be left unregulated.
Bitcoin information and computers running calculations are provided by participants on the Internet. In this way, no country can fully control it, and it can realize the free exchange of various currencies through Bitcoin. More importantly, Bitcoin transactions only authenticate passwords and do not authenticate individuals, so its transactions can be left unregulated.
And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
It is true because the way to crack bitcoin is the way of making the process; the destruction of blockchain technology itself aside from the source of existence - Internet. In which, it would be impossible to happen since many organizations, institutions, government, and even the public need the connection of internet.
The strength of bitcoin in the society is very essential and it would greatly improve the overall status of the world in the future - by changing the face with an era of blockchain technology. The creation of bitcoin proves the existence of the future towards innovation and continuous improvement. The free trade not so long ago with the end of the dark age, the birth of industrial generation; the internet era and now the blockchain (in bitcoin`s representation and other cryptos) influence the society as it is in future. Thus, it is difficult to crack bitcoin`s system without knowing that it is the future of secured currency.
And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
No one can easily crackdowns Bitcoin. With all Its strength no one still can control it Even the central bank can not do it, but trying to study first about Its features, either a commodity , a currency or an asset. The government also trying to regulate it , but non yet, no government regulated Bitcoin yet. Once been regulated, it Will then be considered as currency. It Will gonna be centralized , controlled by the government. HOWEver , If there Will be can cracked it down no other than but the internet.
I concur with that. Bitcoin was made not for it to be easily wreck out. For how several years now, bitcoin was able to withstand and we can't really accept any premises beforehand.
That's a very good advantage of bitcoin which has convince me to get in touch with this system. Due to its decentralized system it makes it advantageous over the other system. As what the quote says I totally agree that nobody can crack it yet. We can experience this kind of system for years to come as bitcoin is still developing. 
I concur with that. Bitcoin was made not for it to be easily wreck out. For how several years now, bitcoin was able to withstand and we can't really accept any premises beforehand.
That's a good thing to know for the newcomers and potential investors. As of now bitcoin is a developing system and it's getting stronger. With that said and done it's strength is that nobody can crack it yet as what the quote says. Bitcoin will be still in this way for years to come so better get involve with it to maximize the use of the system.
I concur with that. Bitcoin was made not for it to be easily wreck out. For how several years now, bitcoin was able to withstand and we can't really accept any premises beforehand.
And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
Yeah even governments can't destroy bitcoin because bitcoin is strong. Bitcoin can still operate and stand even though there are many people who are against in bitcoin and want to destroy it but they fail. They spread fake news and only few people believe in that fake news.
Yes bitcoin is a powerful currency since many people support and believe in it lets just hope that our countries will not banned bitcoin so we can still freely used and convert it into our own money or the fiat.
I think investors' belief will be shaken by ban from government. Your investment will become worthless if Bitcoin is strictly banned from the country you live since you can't convert Bitcoin into cash.
You may think that Bitcoin will be traded underground but in my opinion, Bitcoin will be used by terrorists and crimes for illegal purposes like money laundering and weapon selling instead of good purposes. That will definitely not Bitcoin that we want because it would become tool for social evils.
You may think that Bitcoin will be traded underground but in my opinion, Bitcoin will be used by terrorists and crimes for illegal purposes like money laundering and weapon selling instead of good purposes. That will definitely not Bitcoin that we want because it would become tool for social evils.
Nothing is impossible. It is the most certain thing. If all the countries in the world decide to ban Bitcoin, it can still be traded underground but for bad purposes like crimes, not for first mission as a means of payment to facilitate commerce. Till then, Bitcoin would not as valuable as it is now. So though it's not the end of the world, gaining permission and legitimacy from governments is better than not.
I guess you are a frenzied investor. No matter how much you like it, you should look everything rationally. Yes, I agree that ban from government can't kill Bitcoin or prevent Bitcoin trom being traded, but the ban law can do much damage to Bitcoin. When ban from government was introduced, Bitcoin priced decreased. if they really want to kill Bitcoin, they can decide to block all website related to Bitcoin. Though that move can't still kill Bitcoin, it will not be a small shock to Bitcoin.
Jump to: