Governments can definitely block the bitcoin, or at least make it illegal and dangerous to use.
But they do not have a particular interest in doing so, it is much more convenient to control and tax it.
Topic: Can world Government Kill Crypto? - page 6. (Read 6487 times)
I think that the world government has the power to stop cryprocurrency but I don't think that they would be willing to stop innovation like cryptocurrency which is the hottest all over the world.
The government does not benefit from removing the crypto currency from the market. It can not completely replace real money, but it is quite possible to remove the investment tension and fill the void.
either by removing Crypto the government will certainly not be profitable even will suffer losses because the taxes will be reduced by the removal of Crypto, the government should be able to make rules for Crypto turnaround in this world, but to eliminate Crypto of course the government has full rights in every country is very easy for the government to delete it.
The government does not benefit from removing the crypto currency from the market. It can not completely replace real money, but it is quite possible to remove the investment tension and fill the void.
i think it can but then they have to shut down all the bitcoin servers and i can tell you. these are a lot. If there's 2 servers running, the bitcoin can still exsist. But i think it won't ever happen. The marketcap is too big to bring it down, it generates money too..
It is impossible to only one government to kill the cryptocurrencies but if the most countries/government has banned cryptocurrencies it might be the reason why our community will collapse,because who will support our currency if there is no country who supported it ? but it is not going to happen because some countries like venezuela has already supported the use of cryptocurrencies.
There is no ang forum of government, state, organization or individual who could stop Blockchain and Cryptocurrency to circulate around the world because it is indeed the future of our monetary system and there's no way on stopping cryptocurrency and even China couldn't stop their citizens on using Bitcoin and accessing Blockchain.
This was an issue that that became a serious controversy for quite some time, but it now seems to be more of a reality that cryptocurrency has come to stay. So many countries have adopted the technology and i envisage that crypto will continue to spread wide.
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..
Actually there is no possibility to prohibit Crypto. It is possible to restrict it, to change the way how to use coins. If people really will need it, they will invent how to avoid any government restrictions.
I do not think that the government can kill crypto. Governments can try, but as long as there is something illegal, for example (drugs) this is not possible
"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
Of course. No matter how revolutionary the cryptocurrency system is, it is still no match to the system that our government has. Our government practically controls everything in the world right now. They have the power to allow something to exist in our current situation or not. But still the government fears crypto and its capabilities
"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
Government have not enough power to kill crytpocurrencies. The life of the cryptocurrencies is depends to its users and I know that they will not let cryptocurrencies to die.
crypto currencies are just new and governments are waiting for it to mature. According to my opinion, if the government grows out of control, it will legislate in the future to check the crypt money. maybe it could be bad then.
if all governments around the world work together to kill crypto, it can happen. by closing all crypto exchange access on all sites and all countries. because despite having a wallet and balance in the wallet, but if there is no exchange then it will not be meaningful. because all crypto users, on average they use it for investment and exchanged for fiat money.
if people wont stop scamming and hacking wallets and exchanger site. there will be a probabily that they gonna banned or kill crypto. Because government cares about the people.
I think that no one wants to kill cryptocurrency, all the laws are being made for someone to get rich, and everyone fells for it and think that cryptocurrency will be banned soon, I think that is a lie and do not pay attention to these laws. Today was added 1 bad law for cryptocurrency, and tomorrow will add 2 good ones)
Its very easy for them to do or achieve in few months but i never believed they will do such since they also know that crypto currency might be the future of currency and using blockchain technology will also be useful to them..
"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 that each government in local area can deal with crypto on the level of local area. Scince we are not having a worldwide united government - they cannot kill crypto on that level.
They dont want to kill Bitcoin coz they have crypto investments. What they want is to make crypto collapse so they can buy a lot. They could not do this as people doesn't want to giveup their coins. So they send FUD to make it possible.
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