Topic: Can Governments Kill Bitcoin? - page 15. (Read 2007 times)
I think yes but not that fast as you can see today bitcoin already have a big community and more peoples and company already trust botcoin so i thinks its big lose for government to kill bitcoin.
very interesting topic,,,have thaught of it as much,,but if government want to kill bitcoins,,they should have done that since
No governments cannot kill Bitcoin because we have this thing called encryption but can fees hitting as
high as $55 per transaction kill Bitcoin or the fact that mini centralized banks have been added to the
lightning network result in killing the coin ?
You bet it can
high as $55 per transaction kill Bitcoin or the fact that mini centralized banks have been added to the
lightning network result in killing the coin ?
You bet it can
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?
As all we know, the power of government on each country dictates the legality of something to become approved or to be accessed by people. Since we are one who witness on how other countries banned bitcoin and other cryptocurrencies in their territory, that is how government powerful and can easily erase bitcoin or other cryptocurrencies in their land. But the power is still on people if they will still use it even though it is banned by their government. Government can implement all they want but once that it does not have a great security, a lot of people will still use it.
We always present governments as some powerful force, but in reality they are just people that work together on the same goal. What can people do? People can do a lot of things together, or they can try to do it, will they be successful depends from many things, many many things. There are ways to kill bitcoin, but in most scenarios that can happen only if all miners and supporters abandon bitcoin, as there is single computer mining and couple people that use it, bitcoin will be alive.
People who are against bitcoin, no matter on which position they are, will try to limit bitcoin, they will propose restrictions, but internet should be a place for all of us, freedom, we will always find a way to continue to use bitcoins, publicly or secretly.
Some governments already have negative attitude, but there are countries open for a future and they accept crypto as technology that can improve many systems.
People talk about bitcoin death, they ask many things about what can kill bitcoin, but these are wrong questions, bitcoin is young, everything just started, its too early to talk about the end. Let's discuss what can we do in our community to rise awareness of crypto, to introduce others with crypto.
People who are against bitcoin, no matter on which position they are, will try to limit bitcoin, they will propose restrictions, but internet should be a place for all of us, freedom, we will always find a way to continue to use bitcoins, publicly or secretly.
Some governments already have negative attitude, but there are countries open for a future and they accept crypto as technology that can improve many systems.
People talk about bitcoin death, they ask many things about what can kill bitcoin, but these are wrong questions, bitcoin is young, everything just started, its too early to talk about the end. Let's discuss what can we do in our community to rise awareness of crypto, to introduce others with crypto.
For my opinion, I think no one can kill bitcoin even the government, but everyone may kill bitcoin simply because no one or its not possible to stop producing bitcoin, so if everybody will stop using bitcoin and no one will investing it then bitcoin would be worthless and then bitcoin mining will stop because no more profit is acquired. But its not that easy to happy because we can control all the people who use bitcoin so even if government still not enough to stop it.
I dont think government can kill bitcoin but they can make all much harder for us, like you cant buy bitcoin without taxes or vpn and so on.
The main problem of bitcoin is not the government. There's nothing they can do. The main threat to bitcoin is ourselves. People are so used to using Fiat that they don't want to give up this form of money. They use bitcoin only as a means of accessing Fiat. This is the most vulnerable place in the cryptocurrency. Any touch to the Fiat poisons the mind.
I dont think government can kill bitcoin but they can make all much harder for us, like you cant buy bitcoin without taxes or vpn and so on.
maybe. This market is gradually being controlled and manipulated. Who is the shark? I think it is the government. They manipulate everything so they become more messy than ever
they can banned it in there country but they can't kill it because bitcoin is a organization that government is not allowed to control, so i guess government will attack in users so they can kill the bitcoin from growing. "no user, no bitcoin".
Government cannot kill bitcoin. But yes, they feel btc as a threat. Thats why some countries are planning to launch their own cryptocurrency.
As far as block chain technology is concerned the government can not be able to kill bitcoin. They can only come up with their own digital coin they will be dead on arrival because they would want to control and manipulate it.
I think if the G8 countries decide to kill bitcoin they will... then a Bitcoin might be for 0.000001 USD.... the real hardcore bitcoin fans will still play with it (just like Elvis hardcore fans who are still alive) but the world will be done with it....
I dont think that government can kill bitcoin because bitcoin is not under by the government so they cant control it the reason why they ban bitcoin but still bitcoin is unstoppable because many people are investing on it even though its a little bit risky. They want it to be taxed and we should pay fees and we do not want it to happen because if they take over control, there will be limits then.
there are lots of countries trying to introduce their virtual currencies. they are also trying to follow the procedure of bitcoin technology. but, i think that this is really impossible to catch the bitcoin market,because, bitcoin is not only exist in some countries but also in all countries and it is same in any place.so there is no barrier and no restriction for transaction. so, its not a financial treat at all,but, bitcoin will be gone high if more currencies come out in crypo world.
Governments don't want to eliminate Bitcoin deliberately. They all see the benefits that cryptocurrencies bring and they want to profit from this also. That's why the G20 will discuss cryptocurrencies this month. This will result in worldwide regulations and that could be the end of decentralized currencies.
government can kill and stop bitcoin operation, it is something a war between government and bitcoin, because many people against government decisions if they try to kill bitcoin operation. And we all know that government has the power to kill bitcoin operation, and hopelly government would not be able to do that kind of actions.
No government cant completely ban the use of bitcoin because it is helping common people in becoming financially stable. If the public of a particular state goes in complete favor of bitcoin, the government cannot do the mistake of going against the will of public. Democratic states at least cannot do so or the consequences would not be easy to bear. I am sure that soon more and more countries are going to declare it legal for their people. 
Can. The Government had the authority in taking decisions everything problem in her country. Government decisions are absolute and not bother to sue by anyone.
You are definitely right about that. Yes the government can kill bitcoin because they have the power to do so.
Like looking at the aspect of BTC's legality, which is often attributed to location or place, in short, in a global context it is both legal and illegal, and in specific place it could be solely legal or illegal. This is the same thing for your query, on a global context it is both thriving and banned, depending on a the place. It will never be banned, not unless the entire Governments that constitute every single nation on the planet, unite and vote together to totally ban the bitcoin. But until that International consensus from all governments it would be impossible to ban or kill the bitcoin, although it might be banned in some nations, not all nations would. so that would depend on a global consensus from all governments, a single government could, but that doesn't mean it is the case for every single nation.
government can kill and stop bitcoin operation, it is something a war between government and bitcoin, because many people against government decisions if they try to kill bitcoin operation. And we all know that government has the power to kill bitcoin operation, and hopelly government would not be able to do that kind of actions.
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