Nope, government cannot completely kill cryptocurrencies at all cause of their decentralized nature. They may only block transactions possibly in local markets, so they can damage but not kill..
Topic: Can world Government Kill Crypto? - page 12. (Read 6424 times)
If government banned crypto why not just apply crypto a tax. Govt try to banned but they don't see the benefit on it, Crypto world addresses mainly the labor crises of the govt, give better life who engage on it, technology awareness, more investors come. A'rent they glad about it.
yes , absolutely.
I´ll tell you why. Because cryptocurrency has been sold, by marketing for "providing a stable way of doing projects". But THE REAL FACT, THE ONLY REAL FACT, is that crypto was used to evade money from goverments. Once the goverments have banned or difficulted this, Cryptocoins have lost in a single month half of its value. HALF!!! and the money in all the cryptomarket has gone from 800.000.000.000 dollars to 283.000.000.000 RIGHT NOW!!!!! THAT'S ALMOST 75%!!!
So....this was clear AF, and i already knew this. The goverments want to destroy crypto (and banks also want that) because whenever you put money on that goverment and banks lose the control and that brings to possiblity to evade taxes. Those mofos, that live at the expense of your money know that if all put money there, they will have less money to give it to their friends and so on.
They have killed cryptocurrency. Absolutely yes.
And this , what is actually happening proves my absolute and undisputable point: the moment goverments have banned crypto, crypto has died, because there is not a single viable project with blockchain. Just evading.
When a market loses 75% of it's value due to regulations, that means something, don't you think?
?
I´ll tell you why. Because cryptocurrency has been sold, by marketing for "providing a stable way of doing projects". But THE REAL FACT, THE ONLY REAL FACT, is that crypto was used to evade money from goverments. Once the goverments have banned or difficulted this, Cryptocoins have lost in a single month half of its value. HALF!!! and the money in all the cryptomarket has gone from 800.000.000.000 dollars to 283.000.000.000 RIGHT NOW!!!!! THAT'S ALMOST 75%!!!
So....this was clear AF, and i already knew this. The goverments want to destroy crypto (and banks also want that) because whenever you put money on that goverment and banks lose the control and that brings to possiblity to evade taxes. Those mofos, that live at the expense of your money know that if all put money there, they will have less money to give it to their friends and so on.
They have killed cryptocurrency. Absolutely yes.
And this , what is actually happening proves my absolute and undisputable point: the moment goverments have banned crypto, crypto has died, because there is not a single viable project with blockchain. Just evading.
When a market loses 75% of it's value due to regulations, that means something, don't you think?
?That really makes a lot of sense I think. Many have been bullish on Cryptos around March or April when it went back up to 8000 territory but now it went all the way down to 6000 and that is like 2000 dollar loss. Many are speculating it might go down further like five thousand but it doesn't really matter. It might spell the doom of cryptocurrency but the idea of a digitalized currrency I think will stay and private entities will do what it takes to prevent it from disappearing. Russia is a big country and has supported - I think Vitalik. So there is still hope.
" A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." Satoshi Nakamoto in Bitcoin: A Peer-to-Peer Electronic Cash System
Heavy regulation might kill crypto as we know it.
Heavy regulation might kill crypto as we know it.
I think in this case the Government cannot kill crypto, but could only make the rules about the use of crypto. Many of the countries whose inhabitants crypto fans and the Government let the matter because it was aware it could give results to the people. With economic problems so I think it must be controlled.
Big and Powerful government can regulate Bitcoin before Bitcoin crushes them this is a sad news for Bitcoin enthusiast,but digital currency will never disappear the technology behind it is far too powerful to be controlled by the government.
In the Philippine set-up, the government need to take preemptive measures just to kill crypto which is impossible as of the moment since it faces many problems.
This is possible if all governments around the world banned crypto. this is crazy I'm sure they will not do so because crypto has many benefits. It brings great profits to people.
In the crypt there is a lot of scum and many governments protect their citizens from possible fraud. In some way it is right.
Killing Crypto is not just a matter of governments. Crypto is a digital revolution and the revolution does not die, the interest of governments is also in implementing crypto.
I think it's unlikely, because people around the world seem to react positively to the transparency offered by the detachments. If this trend continues, then at least one crypto currency is likely to receive a phenomenal acceptance.
Many governments have laid down strict rules for the Crypto market, and many governments have banned the Crypto deal, such as India, China, etc., thus making the market cryptically gloomy. downward direction.
I think that there are chances that the crypt will continue to be banned in many developed countries and this can destroy everything.
"Regardless, just because South Korea, China, the US and other countries can crush Bitcoin by issuing new regulations and influencing cryptocurrency prices, it doesn’t mean they can kill it". The above quote is from the research information I got when I was trying to find out why world government is fighting crypto. Please read the full text here: https://www.ccn.com/fighting-bitcoin-cryptocurrency-trading-threat-government-policies/ and make your own contributions. It will help cool the nerves from the crypto dip we are experiencing recently. Happy reading. Thanks
I think, they cannot kill crypto, we all know that crypto becomes popular and being use in different countries, they cannot eventually kill it that easy.
World Government is a serious opponent to bitcoin and all other cryptocurrencies which makes owning money to be clear and understanding. But I think that crypto will rather kill world government than conversly
The state does not benefit from crypto-currencies. Since they lose control over money and mean lose power. Power is bought for money. And when the state does not know from whom how much money this leads to a change of power. The state will struggle with crypto-currencies in every way. It's just that they have not yet realized what kind of weapons in the war are the decentralization of capital.
I doubt that i don't think that world government can kill crypto. Let look at it these way who is government we people are the government. crypto has lot of benefit. Number one thing is that it serves as job opportunity to people. The crypto market will bring about a revolution in the financial world of technology. So I don't think government can just kill crypto.
Governments can regulate locally but crypto is globally decentralized so the effects will always be limited unless there is a political wide.
countries will always continue to have a positive or negative effect on the crypto money outflow and exit. As you said, this is the case in countries like USA, China and russia.
I believe the government can only try to but the crypto space is filled with lots of intelligent people and creative minds and w will always find a new way out to make crypto work again. The impact of these regulations might be felt for the main time but we will get used to it and end up being victorious.
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