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Topic: Can world Government Kill Crypto? - page 31. (Read 6486 times)

full member
Activity: 812
Merit: 120
https://combonetwork.io/
May 22, 2018, 02:42:37 AM
it is unlikely that the government could kill crypto that have users around the world and decentralized network systems.
where it can destroy an already strong crowd just because the government organizes crypto is impossible.
legendary
Activity: 1564
Merit: 1027
May 22, 2018, 02:27:09 AM
True, no single government can kill a decentralized network.

But a joint effort against the exchanges would kill the market.

People want to cash out, converting crypto to fiat.

If all major exchanges were to be made illegal or heavily regulated, the market would collapse.

But I don't think that will happen, there's too much money at stake!
newbie
Activity: 7
Merit: 0
May 21, 2018, 09:01:39 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

There have been some attempts at regulation over the years, the Chinese government banned financial institutions from using bitcoin. The U.S. has also made attempts to regulate. Without a central location, any shutdown would have to be global. Even if a country was to somehow prevent bitcoin transactions from taking place within their country, a simple VPN would let users operate internationally with no issue. If bitcoin was regulated users could simply trade it for another Cryptocurrency, so it would be impossible to stop unless all currencies were barred. The government can try their best to regulate it, but they never be able to “kill” Crypto
full member
Activity: 456
Merit: 102
The Premier Digital Asset Management Ecosystem
May 21, 2018, 07:40:44 AM
the government of any country can decide only on its own territory. but if all the countries of the world unite against cryptocurrencies and then, of course, it will not survive. just imagine if for the cryptocurrency will be for example, put in prison. hardly anyone wants to do it.
member
Activity: 182
Merit: 10
May 21, 2018, 06:35:43 AM
The technology behind it is too strong to kill. They just want to find a way to control and tax, I think that's all they want to do.
member
Activity: 294
Merit: 15
May 21, 2018, 06:27:57 AM
It seems to me that this is absolutely impossible. Because the government can't control the life and death of the coin. Only the ability to influence.
member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
May 20, 2018, 02:24:45 AM
I don't think that the world government will be able to kill crypto. Crypto currencies are completely decentralized and they proved their viability, as they began to develop with the help of ordinary people and crypto enthusiasts. The government drew its attention to the cryptosphere only last year. That is, 8 years after the  first crypto currency - bitcoin creation.
newbie
Activity: 124
Merit: 0
May 20, 2018, 02:10:56 AM
I think that of course they can. But why! I think all will cost only the fact that legalize a certain amount of cryptocurrency, and the rest of the ban. In General, I'm interested to see how they will do it. And it is interesting that it will be so - 5-7 years later. Let's see. Cool
newbie
Activity: 69
Merit: 0
May 20, 2018, 02:10:11 AM
They can't completely kill it, they can crash the price big time though.
newbie
Activity: 139
Merit: 0
May 20, 2018, 02:05:57 AM
Regulators cannot stop the use of cryptocurrencies because cryptocurrency or blockchain is the world's future. Instead a proper legislation to regulate the use of digital currency should bring into effect so that to protect people from fraud ICO's.
jr. member
Activity: 280
Merit: 1
May 20, 2018, 01:57:37 AM
If all of the world power governments decided to ban Bitcoin, that would effectively kill it.
No, it wouldn't disable it, but making it "dirty" money would mean that all transactions become black market, and that's not sustainable.
There's also Net Neutrality to worry about. ISPs could easily collude to cripple blockchain networks.
newbie
Activity: 56
Merit: 0
May 20, 2018, 01:17:29 AM
In case most countries regulated the cryptocurrency I believe investors can still earn. Of course the government may not impose stiff regulations againts the digital currency. The income may get low but not low enough that investors will lose big time.
newbie
Activity: 20
Merit: 0
May 20, 2018, 01:14:18 AM
absolutely, not crypto but bitcoin. i think world goverment will kill bitcoin and will made own crypto without cryminal or narco history of coins. if it will be - world goverment. while we have multigovemments world bitcoin will not die.
full member
Activity: 658
Merit: 153
May 19, 2018, 09:13:11 PM
They will not kill crypto. Because they will use crypto everywhere. No need to worry. Keep calm
sr. member
Activity: 486
Merit: 250
May 19, 2018, 09:12:43 PM
I thought government wont kill crypto, as the government created that technology. Blockchain controled by the goverment. Right now is a short period of time when everything setups and regulation is only in development. After that, all our money will be open for the government, so you would not hide your money from the taxes.  Wink Smiley
newbie
Activity: 10
Merit: 0
May 19, 2018, 09:09:22 PM
For me governments can't kill crypto because they don't get a hold of crypto's system. Cryptocurrency moderators/admins already has their system secured from people who will try to destroy them.
newbie
Activity: 11
Merit: 0
May 19, 2018, 10:51:26 AM
World Government can not kill bitcoin unless of course if they criminalize the use and the ownership of bitcoin of which it may be impossible to publicly own and transfer bitcoin. Even in such worst case scenerio, people will still find a way.
newbie
Activity: 117
Merit: 0
May 18, 2018, 11:15:16 PM
They cannot kill crypto becauce crypto are decentralised and cannot be controlled. And all they do crushing the markets price by releasing bad news that could make the markets crash.
newbie
Activity: 28
Merit: 1
May 18, 2018, 10:03:36 PM
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..
newbie
Activity: 21
Merit: 0
May 18, 2018, 12:16:23 PM
The governments may not be able to kill crypto, but they can discourage a lot of people from using crypto-currency. I heard from my friends in India that the volumes went down sharply there as a result of government actions.
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