Can world Government Kill Crypto? - page 15.

numbertech

full member

Activity: 428

Merit: 101

I don't think that's going to happen in near future Cool

. What they can do or have done so far is to make monetary system or regulations to watch over the people using cryptocurrency. Otherwise anything which is internet based can't simply be diminished by the governments. More and more people are getting involved with cryptocurrency, the popularity of it has risen so much high that governments won't try to make mistake by totally banning cryptocurrency which will have a big consequences from the user of cryptocurrencies. Cool

$Darkloard$

sr. member

Activity: 392

Merit: 250

Now there is a clear tendency to recognize crypto-currencies by the majority of states, if countries start mass prohibiting crypto money, the number of currencies that allow these prohibitions to bypass sharply increase, crypto-currencies spread, and therefore, they can no longer be spoken about a worldwide ban.

thrylos

newbie

Activity: 146

Merit: 0

No it will not. Government can not deny the truth about how crypto currency is very useful if they will help to develop it more to maximizing its full potential to have a better service.

Cubic Earth

legendary

Activity: 1176

Merit: 1018

I think that governments really want to kill cryptocurrencies. The problem is that they do not yet know how to do this, although they are trying to regulate everything.

bamita137

newbie

Activity: 28

Merit: 0

I do not think they would kill it, crypto MC as a whole may just return to levels seen a few years ago and we would take another few years to recover to this stage with regs

Ociwiw

jr. member

Activity: 378

Merit: 1

Exactly can not, the process has already started, the state has only the opportunity to join!

Samkol26

member

Activity: 532

Merit: 10

Bountyhive.io

I agree with you that they can't kill cryptocurrency all they can do I'd to yab blah blah blah and set regulations and boundaries.. But the only worry is that these regulations should not make us loose interest

Melit02

member

Activity: 180

Merit: 10

I think the government can't kill crypto because they can control it and they don't have the power to stop this kind of decentralized money. Rather than killing this kind of work that would really help the community to have a own salary.

Ycekezuv

jr. member

Activity: 350

Merit: 1

They can not, there is so much money invested by the same government officials that they will simply be afraid!

Sandeep24

newbie

Activity: 140

Merit: 0

I think it is not possible because several developing countries are already adopting cryptocurrency. In future crypto will be strongest currency of the world.

ylnar123

member

Activity: 350

Merit: 10

Quote from: cryptogeek101 on February 06, 2018, 04:06:41 AM

"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 also don't think world government can kill cryptocurrencies. They may implement regulations regarding on how toanahe cryptocurrencies in their country but they can't totally eliminate it. Because there are always this people who are willing to go under the radar of the authority just to earn decent amount of money through crypto.

REYVAN

member

Activity: 260

Merit: 10

I'm not sure they can, because its work system is not centralized. then nothing can stop, and I believe it they are only able to spread the issue to create panic conditions.

Ociwiw

jr. member

Activity: 378

Merit: 1

I think that it is unlikely ... There was a period when you could choke the crypto currency, but now it's too late. Crypt has already gained momentum for overclocking!

linhlinh1920

newbie

Activity: 102

Merit: 0

I think government feel hard to kill crypto currency since this is discentralise currency and look about bitcoin there are some country already banned bitcoin but still more people who are using bitcoin without a trace from government.

maxim000

full member

Activity: 304

Merit: 100

As far my knowledge I don't think world government will ever kill crypto as there are many benefits from this trade of investment and also there is a risk of money for the people around the world and taking such a big action at this stage. Yes, they can minimize the criminal acts being on over the crypto as there are no tax and many illegal activities are being performed through it. So, the government can keep a check on that and banning it instantly will not be a good decision.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: Baronggot on June 17, 2018, 07:09:57 AM

If the case is only one sided in the sense that all countries around the world will ban cryptocurrency, then there's nothing we can do about it. Thanks goodness to those countries (including ours) who embraced the blockchain technology because these governments have found out that cryptocurrencies can boost the economy of the nation.

even if the all the government are one sided , i dont still think that they can ban or destroy crypto easily. they can restrict people for using it in the means of declaring a law or a special rule but they cannot control or modify the state of bitcoin because bitcoin is independently built online to become decentralize and fully uncontrollable.

banning a crypto isnt also going to happen worldwide because majority of the countries are now already legalizing the use of cryptocurrency. cryptos are verry useful in so many different way , therfor why should they banned it at the first place?

weeklyeth

newbie

Activity: 168

Merit: 0

No government anywhere in the world can kill and completely stop cryptocurrencies they can say ban and put restrictions on paper but cryptomarket is run on the decentralized network

Hendramuliadi

full member

Activity: 308

Merit: 100

to kill Crypto I think it will never happen, although China, USA and the country that forbids bitcoin are united. because Crypto is moving on its own in the wireless world, so it can not be stopped by any world government at this time.

alt-fire

full member

Activity: 602

Merit: 104

The government can do anything. especially they are good at destroying. but the government is hardly interested

Baronggot

full member

Activity: 434

Merit: 100

If the case is only one sided in the sense that all countries around the world will ban cryptocurrency, then there's nothing we can do about it. Thanks goodness to those countries (including ours) who embraced the blockchain technology because these governments have found out that cryptocurrencies can boost the economy of the nation.

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