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Topic: Can Governments Kill Bitcoin? - page 20. (Read 2007 times)

newbie
Activity: 35
Merit: 0
March 10, 2018, 12:51:43 AM
#32
Best thing to do is to somehow get politicians to be activists for bitcoin, and pay them public speaking fees in bitcoin.
jr. member
Activity: 104
Merit: 5
March 10, 2018, 12:50:21 AM
#31
At this moment, there is nothing the government can do with bitcoin so they can't kill it "easily" like you said. Bitcoin has been used in some countries already. That is a proof that bitcoin is being used already in some countries. Yes there are some countries who banned bitcoin but who cares. We can just use bitcoin because its decentralized.
legendary
Activity: 1218
Merit: 1007
March 10, 2018, 12:44:17 AM
#30
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?
There is no point for governments to be trying to introduce their own cryptos, most of them would do just fine maintaining the current scheme they have set out right now. If they look into making cryptos then they might as well just be switching their entire monetary system to cryptos since they already operate what is pretty damn close to cryptos already, minus some of the special features. There's a lot of things that wouldn't make sense in a situation like this.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
March 10, 2018, 12:37:32 AM
#29
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 think you are wrong address and ask in this forum
I do not know if you are really a newbie or just want to lead to panic because the situation is right for now. but believe me, what you say is not true. and to date all of that is still a rumor. nothing really happened. and bitcoin can never be killed by all countries. you can see that bitcoin is still very popular right now even though its value goes down but that does not matter everything will get back to normal.
full member
Activity: 360
Merit: 100
March 10, 2018, 12:20:55 AM
#28
I think the government can kill bitcoins. The use of bitcoins in any form is prohibited. Bitcoin-related organizations will be banned. This will make bitcoin lose value and gradually be forgotten
jr. member
Activity: 84
Merit: 5
March 10, 2018, 12:17:54 AM
#27
The governments will not kill bitocoin. Because government in the crypto market is just pawns.
member
Activity: 294
Merit: 17
March 10, 2018, 12:17:50 AM
#26
They cannot kill bitcoin however banning them in their country could somehow affect the economy of bitcoin community since banning it would result to decrease in users meaning less demand and if the demand decrease its price will decrease also. I don't think bitcoin will be gone because I believe it is strong and many people who are into cryptos are still holding bitcoin besides bitcoin was the only digital currency that has managed to get accepted widely as payment method in any kind of transactions in most countries.
sr. member
Activity: 644
Merit: 250
March 10, 2018, 12:12:27 AM
#25
Governments cant kill bitcoin easily they can minimize it but they can killed because bitcoin is an decentralized crypto currency which you can find it anywhere in the globe. They cant stop bitcoin whatever they do with it
newbie
Activity: 90
Merit: 0
March 10, 2018, 12:10:48 AM
#24
If the government is able to make people around the world prohibit bitcoin, bitcoin's death is inevitable, but if it can't be done, then this is just a joke.
sr. member
Activity: 602
Merit: 255
March 10, 2018, 12:06:33 AM
#23
Yes they can kill bitcoin. I see some of the news thats big countries try to create their own cryptocurrency if this plan will be successful bitcoin price will decrease so fast.
newbie
Activity: 121
Merit: 0
March 10, 2018, 12:03:54 AM
#22
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?
If they tell others that they should choose their tokens instead of Bitcoin, what advantages they have compared to Bitcoin, if they can't trade anonymously and they are similar to French coins, then we might as well use legal currency.
newbie
Activity: 314
Merit: 0
March 10, 2018, 12:03:39 AM
#21
killing bitcoin is not difficult for the government, close all exhanger, block all sites related to Bitcoin. and turn off internet searches against Bitcoin. but I do not think that will happen, if a country will spend its own digital money. bitcoin will keep running as usual, coupled with other digital money.
jr. member
Activity: 168
Merit: 1
March 09, 2018, 11:26:14 PM
#20
Yes government can kill bitcoin in the way how they want to do it for example if there no more people who are appreciating bitcoin they can kill it easily

In fact, it is very easy for the government to eliminate Bitcoin! Close all trading institutions including exchanges and wallets. Fully block the wording of Bitcoin above the search engine and the rest of the Lenovo extensions of Bitcoin
hero member
Activity: 1834
Merit: 566
March 09, 2018, 11:14:48 PM
#19
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?
Yes, they can kill bitcoin if we do nothing and the reason is that they want a centraized coin which the reason why they are watching bitcoin closely and this why most of them says that bitcoin help money laundering, tax evasion and terrorist funding
copper member
Activity: 644
Merit: 0
POINTPAY
March 09, 2018, 11:07:24 PM
#18
thank god they cannot do that and that is a cool thing about bitcoin if bitcoin would have in there control bitcoin would have been crushed.
full member
Activity: 453
Merit: 104
March 09, 2018, 11:02:24 PM
#17
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?
No, bitcoin is international currency. Its advantage is the decentralization, those governments will only bring more positive impact for bitcoin. Indirectly those governments are agree that bitcoin is good technology or atleast the idea of digital currency is appropriate for this century.
full member
Activity: 420
Merit: 101
March 09, 2018, 10:53:34 PM
#16
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 think yes, there is a possibilty that bitcoin can be killed or stop by the government specially when they unites. Bitcoin and its technology is a innovative financial system which is more efficient than the banking system we have right now, just so happen that banks is being controlled by the government. What can government do is putting an external power to bitcoin which their people will not able to use bitcoin.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
March 09, 2018, 10:41:17 PM
#15
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?
As what others said bitcoin can't be removed/killed. Some countries already banned bitcoin but the demand is still high and even if it's banned in all countries there's no stopping people in using bitcoin. Maybe if they could make a better version of bitcoin without the need of the internet but I highly doubt that such thing could happen because it would take a lot of time before any newly made crypto could compete with other altcoin and eventually take out bitcoin from its current position.
newbie
Activity: 210
Merit: 0
March 09, 2018, 09:21:36 PM
#14
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?
the government can not stop the circulation of bitcoin digital currency, the government can only limit its transactions, as it happens in my country ,, now.
newbie
Activity: 85
Merit: 0
March 09, 2018, 09:11:13 PM
#13
This is an interesting topic. How do they kill Bitcoin? Even if it introduces its own cryptocurrency, it needs to be based on Bitcoin. If it is not a blockchain technical currency, then what is the difference between the digital currency and the legal currency? The coin is the door that they can't go around. They need to acknowledge the door before they can come.


Bitcoin already sets the framework or the foundation in crypto currency so no matter what policies the government will make to kill bitcoin, it will always be based on bitcoin.
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