Topic: Bitcoin's strength is that nobody can crack it yet - page 8. (Read 1850 times)
And who says Government have not tried to destroy bitcoin, they just do not have a choice than to embrace it and probably regulate it, there is no part of the world that people are not trading with bitcoin, infact more than a thousand persons embrace bitcoin daily while over 10,000 wants to learn how it works, time has passed for the world leaders to damage bitcoin... BITCOIN is the future
Bitcoins are in a downturn and underdeveloped. Another time I did not know what to do
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 single entity can, that's true. Only if more users would put together to destroy it, then it might be possible. Either way, it's not likely and especially it's the best we have
As long as the internet is alive bitcoin will also continue to live and help people to have a better living in the future. Bitcoin is the strongest digital coin in crypto world that after a lot of dumps and negative news about it,bitcoin always survived and rise.
I think they just have to ban the use of bitcoin in their country. And making horrifying punishments for those that do not follow and people will blindly follow the government.
Because they also can not destroy all the computers in the world in an instant because it can damage all existing networks. The only thing they can do is resist the prohibitions and regulations to propose their own solutions or they will try to adjust and gradually assume it exists in various ways. In some countries
Because it is being decrypted and data could not be easily cracked. The only people or person that could enable to get and crack the bitcoin is the owner since he has the knowledge how he made bitcoin and maybe he has the back up of the data he had made. This is why bitcoin as a digital currency is good and that is why USA and other countries had accepted and regulated bitcoin because this is one of a good source for income and a new business for everybody.
because bitcoin is one of the sizable incomes, and large countries use bitcoin, one factor can not break, many bitcoin users almost all over the world use bitcoin.
lol the internet ban will be impossible. Government can actullay ban it only in their country ofcourse but it just limits the use of bitcoin there.
Yes bitcoin"s strength no body can crack because its a digital currency not like other fiat currencies and also its transactions is not traceable and P2P if government wanna ban bitcoin then they need to ban first Internet. but they can One thing with fiat currency they can stop bitcoin conversion to fiat currency and then not possible to sell bitcoins but Government need to regulate bitcoin because this the future of economy.
They don't need to ban it directly to outlaw it. What if fiat money made off of selling cryptocurrencies were declared illegal? Even if you had billions of bitcoins, they would be worthless because you wouldn't be able to cash out legally.
and yes nobody can hack it yet why because it has the high security level that nobody can hack or crack it like he said they don't need to ban it
Cryptocurrency is pretty much unstoppable. We may know it as an asset or currency, but first and foremost, it is technology --one that is fully decentralized across thousands and thousands of computers all over the world, any one of which can fully restore the entire network. It's just like the internet. Websites or even forums like this one can block specific users from access, but it's basically impossible to stop the internet all together. So yeah... crypto will definitely remain strong and will be indispensable to the world's future.
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.
well that's the greatness of bitcoin than in other crypto.
I believe it will be very difficult to compete with bitcoin. the main factor you have said in this discussion, and so bitcoin has a very future
bitcoin is very stregnth we can see that many time people and other things that will make bitcoin down and die but they failed again and again, adn bitcoin still be the best until right now. so it hink bitcoin is the best thing platform of currencies that we know
I will stick with my Bitcoin for the rest of my life, the power of bitcoin lies in its users.
They do not care much about leaving their money on the exchange. Every day it becomes more expensive but you want to withdraw money to ever weaken the fiat 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.
Did you mean no body can crack bitcoin private key ? Of course nobody. Cryptocurrency is created because it cannot be cracked.
Maybe you can do brute force for finding private key, but you won't get the right address because there are billions of combinations.
As much as government authorities may feel hurt by the development and growing popularity of bitcoin, this technology is here to stay and sooner or later governments will have to assimilate it. In fact, it seems that most free and progressive nations tend to be increasingly tolerant towards the use of cryptocurrencies and favorable legislation is emerging in this regard, which is why I think a quite promising future awaits bitcoin.
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 am sure, we will be using it to enhance the network security and efficiency. There is no way to crack / brute force Bitcoin network to pull private keys.
Maybe you're right about destroying itself. Because its security is best than banks and governments of any country in the world. This technology is our future.
It can not be denied if no one can solve the bitcoin strength. Indeed the government in a country has the right to ban bitcoin in the country but it is only limited to the country only. If bitcoin gets banned globally then it's not fair because the internet also has a negative side that is not prohibited. Indeed there is no perfect technology. All there must be benefits and disadvantages so we need to use technology more responsibly. Indeed the virtual world is a free world where we can not forbid it. We can only limit ourselves personally to avoid bad things. Therefore, we need to be an intelligent technology user.
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