Topic: Can Governments Kill Bitcoin? - page 10. (Read 1956 times)
No Government can kill bitcoin though they could form a policy that will affect it negatively just to make people loose interested in it.
I think government has the power to control but not to kill bitcoin at all, in fact we hear some news that government are warning people about investing in bitcoin and some other negative comments about bitcoin. Since it is already widespread all over the world and lot of people are engage with it, and lot of people are relying especially those who are unemployed because they got an earning through bitcoin so we can say that government cannot directly kill or stop bitcoin because of the people.
Yes bitcoin is the independent currency and it is not in the control of the government at all. People are investing and making bitcoin high, so I think it will not be ban according to the will of government at all. They will not kill bitcoin because they know that bitcoin will be the future of country people. So no government would ever try to ban or stop the growth of bitcoin in their country, bitcoin is improving day by day with price and value because investors are investing in bitcoin currency, so it is unstoppable investment right now. 
Yes government can kill bitcoin. But in my own opinion they did not replace it on other cryptocurrency. Like in Phillipines I think our government cannot afford to have another own cryptocurrency and if Philippine government kill bitcoin the main reason of this criminality because I read some news that many of netizen are being a victim of investment scam that use the name of bitcoin. And other reason is bitcoin can affect the flow of money in the country. And I think other country kill bitcoin on other reason not to replace it on other cryptocurrency because their value their own currency as a trademark of their country.
How could they kill bitcoin ? When bitcoin just released every government told that is fake scam and illegal just remember but they didn't kill that because its decentralization system , you need to kill all miners and holders to kill bitcoin
Nobody could kill bitcoin now because its decentralization system and will work until every computer and miner will delete wallets and stop mining and support network work , only after that bitcoin will die.
No one can kill bitcoin even the government, because bitcoin is the core value, it is the social progress that helps society grow !
The latest news is that the US government is look closely at Bitcoin. A number of governments such as Russia and China are also planning to issue their own digital currencies. They clearly see a financial threat from Bitcoin.
What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?
I don't think the government wants to kill bitcoin. Bitcoin is still the king of the entire encryption market. The government just wants to get into the encryption market and get some profit. If it kills bitcoin, the whole encryption market will collapse, which is not good for the government. And I don't think the government has the power to kill bitcoin.What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?
Bitcoin is growing rapidly and I think that everything is possible for the fact that it will be at the price
that everyone is waiting for, that is a big one.
that everyone is waiting for, that is a big one.
Of course they can, because anyone who has access to the Internet has the power, and the authorities want to control everything, but to control bitcoin you need to have a lot of money
The latest news is that the US government is look closely at Bitcoin. A number of governments such as Russia and China are also planning to issue their own digital currencies. They clearly see a financial threat from Bitcoin.
What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?
I don't think the government wants to kill bitcoin. Bitcoin is still the king of the entire encryption market. The government just wants to get into the encryption market and get some profit. If it kills bitcoin, the whole encryption market will collapse, which is not good for the government. And I don't think the government has the power to kill bitcoin. What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?
Governments have a huge role in the quick success or slow progress of bitcoin. But to speak of killing bitcoin, I am absolutely aware that no single government can extinguish it.
may be I think the recent downtrend of the market is manipulated by the government. They control it, manipulate it.
As for the business itself, a significant part of our life belongs to the government, and they can prohibit much that enters our periud existence....
That is a big NO. Bitcoin is not established on a policy that any government can kill. Government cannot even regulate its price. Let's all be calm and cool minded. Cryptocurrencies have come to stay and stay permanent.
They cannot kill bitcoin, to kill bitcoin you would have to kill the internet and remove it from existenc because wherever there is internet, there will always be bitcoin.
For me, government can eliminate Bitcoin only in a particular country or place. However, it
will never be dead in a world full of digital system, unless all networks all over the world
have been shut down.
On the other side, if you imagine when government and bitcoin community will join forces
to improve the quality of life in the society. I think the world become somehow better and
productive.
will never be dead in a world full of digital system, unless all networks all over the world
have been shut down.
On the other side, if you imagine when government and bitcoin community will join forces
to improve the quality of life in the society. I think the world become somehow better and
productive.
The latest news is that the US government is look closely at Bitcoin. A number of governments such as Russia and China are also planning to issue their own digital currencies. They clearly see a financial threat from Bitcoin.
What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?
What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?
I don't think so that government can kill bitcoin because as far as I know bitcoin is still the strongest cryptocurrency up to this day and even in the future. As I observe a lot of countries banned bitcoin but still bitcoin stands firm. So bitcoin will still be the tough coin ever no matter what government can do do to end it.
It is way too complicated than the US, Russia and other countries think. They cant easily kill or desecrate bitcoin per se. As a matter of fact, these countries can create their own cryptocurrency but they cannot get rid of bitcoin since the latter is already established.
If the BTC can be killed, BTC would have been destroyed a few years ago. Instead, I think BTC can exist for decades.
I agree with you, bitcoin can't be killed. They can crashed it as they say but they could not kill it. The popularity of bitcoin is on the steady rise and it is just a matter of time before countries will realized the benefits that bitcoin brings. 
Yes government can kill bitcoin. But in my own opinion they did not replace it on other cryptocurrency. Like in Phillipines I think our government cannot afford to have another own cryptocurrency and if Philippine government kill bitcoin the main reason of this criminality because I read some news that many of netizen are being a victim of investment scam that use the name of bitcoin. And other reason is bitcoin can affect the flow of money in the country. And I think other country kill bitcoin on other reason not to replace it on other cryptocurrency because their value their own currency as a trademark of their country.
How could they kill bitcoin ? When bitcoin just released every government told that is fake scam and illegal just remember but they didn't kill that because its decentralization system , you need to kill all miners and holders to kill bitcoin
Yes government can kill bitcoin. But in my own opinion they did not replace it on other cryptocurrency. Like in Phillipines I think our government cannot afford to have another own cryptocurrency and if Philippine government kill bitcoin the main reason of this criminality because I read some news that many of netizen are being a victim of investment scam that use the name of bitcoin. And other reason is bitcoin can affect the flow of money in the country. And I think other country kill bitcoin on other reason not to replace it on other cryptocurrency because their value their own currency as a trademark of their country.
How could they kill bitcoin ? When bitcoin just released every government told that is fake scam and illegal just remember but they didn't kill that because its decentralization system , you need to kill all miners and holders to kill bitcoin
As far as I know government of every countries has a power to control or to destroy bitcoin because government they can ban bitcoin, they can discourage people by spreading negative news about bitcoin but for sure they cannot stop the people who believe in this technology.
Jump to: