Can world Government Kill Crypto? - page 40.

Kulafu

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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

If the country will really kill the crypto they can. If the goverment will tag crypto as illegal then it is easy for them to wipe-out it.

BookXchange

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They can not do this in any way, that's why they are furious. Crypto currency is a decentralized system, so it is possible to kill it only in the event that the last computer is destroyed, which even the world government can not do.

nwanne

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In my own opinion, Government cannot and will not kill cryptos, but what they can do is to regulate cryptos, which we have seen in past recent months, different government trying to regulate cryptos. For me as long as we have blockchain technology, cryptos will live on.

btcefeyigit39

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The crypto-currency industry is known all over the world every day. some governments have begun to legalize their cryptographic currency. In the early days, he had never accepted any humiliation, and then the crypto continued to live.

Raufjoze

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Quote from: anahata on April 26, 2018, 06:15:07 PM

They can, but whats the point? They only want their fair share aka taxes. If its making them money, then all is well and good.

Basically, they are afraid of the reasons of money laundering and drug business all over the world. Not only that but also every financial institution very carefully observe this situation. they take this crypto platform as a rival and risky system for the people. so they try to demotivate people who are not involved in this crypto world. the silent war has begun. And of course, they are trying to find ways to organize or control the crypto world. Most governments today are slightly worried about the rise of crypto industry or block chain technology

hidden jutsu

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probably, by trying to take control of it. they can make any false information about it, they can stop the circulation of crypto, and they can even ban it on a certain country.

TheDarkRide

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Government can ban crypto and killed it at their own theritory but government can't kill it globally. People from outside the country can still support crypto.

MOProgress

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To the the topic if world government can kill crypto, I will say to it. My reason is that if the whole government come together and aggree to stop it that will be possible. This is the only way I believe they can kill crypto.

coinbitw

newbie

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Its too late to kill it, it was then implemented today in our daily lives. Every transaction and operation of crytocurrency today takes place everywhere and we can see it that it is hard to remove what we put in the timeline. It also affects today technology and transaction online based, some countries banned it they can but kill it the whole will not happen or can't be

bummm

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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 don’t believe in a world government first of all. And after all it is hardly can be imagined that Bitcoin or all other cryptocurrencies would be banned. It is impossible technically. The whole Internet should be restricted then.

janelleshepard

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Quote from: kapalmabur on May 04, 2018, 07:08:21 PM

Quote from: Pompa on May 04, 2018, 07:04:26 PM

I think not all government kills cryptocurrencies because maybe we banned not kill our cryptocurrency it very easy if our government we want to kill crypto

It is obviously very easy for the government if it wants to kill Crypto because every country has full power, just look at some existing countries that really prohibit Crypto in its country, and if all countries apply such thing then Crypto could die because there will be no exchange and if any then it will enter the black market.

But sadly the number of goverments who release Bitcoin and don't put it in this prohibions is really limited . It's just about 10~15% goverments in this world and i think this number should increase in the future or else it gonna be dark for BTC and Altcoins.

kapalmabur

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Quote from: Pompa on May 04, 2018, 07:04:26 PM

I think not all government kills cryptocurrencies because maybe we banned not kill our cryptocurrency it very easy if our government we want to kill crypto

It is obviously very easy for the government if it wants to kill Crypto because every country has full power, just look at some existing countries that really prohibit Crypto in its country, and if all countries apply such thing then Crypto could die because there will be no exchange and if any then it will enter the black market.

Pompa

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I think not all government kills cryptocurrencies because maybe we banned not kill our cryptocurrency it very easy if our government we want to kill crypto

Cryptomagnus

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Perhaps governments could kill crypts, or at least make their use illegal and dangerous. But they have no reason to do it, all they want is to control the game and tax profits.

eye-con

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they can fully affect the cryptocurrency but they cannot kill it, I know that if a lot of countries will against crypto, the price of it will fall, but even if there are countries who will against it, there are still some countries that will surely support it, they cannot kill crypto, as long as there are many people who believe on it.

bitkanu

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Quote from: crypmike on May 04, 2018, 08:39:57 AM

I think we already saw that they able to kill crypto EASY.
Just to restrict exchanges' work and that's it + a lot of FUD
No new people in crypto and nobody wants to stay here because no possibility to get money
I think there are not so many new technology enthusiasts here

Restricting exchanges and making a lot of FUD only making crypto less valuable but NOT killing crypto, even if the price of bitcoin touches $0.01 it's still can be used to move wealth.
That means, government can't kill crypto THAT easily, if the government "really" want to kill crypto, they need to make the hashrate bitcoin has comes down to zero forever.

efxtrader

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Quote from: bitcoinvestor on May 04, 2018, 08:49:10 AM

THis world can not be banned or killed but it can be regulate even though it is hard. With bitcoin and ether govt can track the moving fund but with Monero and some other coins like, It is impossible. So How to control or stop unseen. I think it is difficult to ban or kill cryptocurrency. In China, citizens still trade either offline or ofshores. They move to hongkong to trade and withdraw their cash via alipay.

Its true, many ways from crypto exchanger if government ban crypto trade. Its hard to do if government want to ban cryptocurrency, because many country dont have regulation about crypto and what government can do is only prohibit crypto as payment.

ianthepcdoctor

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However, that is close to impossible as I think a lot of influential people also are into crypto so it might not push through. Unless if there would be a worldwide law that prohibits cryptocurrency.

zoata87

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In my opinion, it will be impossible for any government to kill cryptocurrency since most of them use the blockchain technology so it is decentralized like a p2p network. I think the government will control the crypto space instead of kill it.

specialized

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The max they can do is they can shut down the fiat exchanges. By no we have critical mass which will keep it going.

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