Can world Government Kill Crypto? - page 75.

BCEmporium

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Quote from: royale143 on February 21, 2018, 08:16:51 AM

Quote from: ?? on ??

Goverments could have influence on the prices of crypto.
But cryptocurrency was designed as instrument uncontrolled by goverments and I think that great times of crypto in future, but not this or nex year. But crypto expansion has started and it is unstopable.

That maybe true, and it is certainly within the ambit of the power of a government to do what they want with the cryptocurrency market in their jurisdiction. A government's power is encompassing to its territory, that's for sure. However, since a government is sort of a business entity as well that would jolt upon any opportunity they can get to earn more profit, then I don't think that a government would kill of the cryptocurrency market because, right now, it is a big market that commands a lot of moving assets that could certainly give lots of profit. I think instead of killing it off, governments would better try to assimilate the market to their local market systems that could help improve their economies, especially the week performing ones.

It's not within the power of a government to "do what they want" with cryptocurrency markets. It was obvious to anybody who understood Bitcoin, but lately even the FED and the ECB admitted that they had no power over Bitcoin.

cryptonianz

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Doubt very much they can kill it, because most government leaders use crypto currencies and they profit from them. The biggest investors in the world are mostly from Asia so why would they want to kill it.

Denlv

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dApps Development Automation Platform

Hello!What u think about world goverment illuminati?New world order kings?Pfff i dont think so only if all peoples withdraw money then only crypto goes down but till this is not happen we are in green zone .

sazon84

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It is very stupid to reject the latest technology. Governments of different countries will not take this step. Crypto currency is the future of the economy. And many countries understand this. Perhaps it is only these news that are brought to us differently. And of course, they want to control the whole situation, but with the crypto currency it is difficult.

royale143

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Activity: 294

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Quote from: ?? on ??

Goverments could have influence on the prices of crypto.
But cryptocurrency was designed as instrument uncontrolled by goverments and I think that great times of crypto in future, but not this or nex year. But crypto expansion has started and it is unstopable.

That maybe true, and it is certainly within the ambit of the power of a government to do what they want with the cryptocurrency market in their jurisdiction. A government's power is encompassing to its territory, that's for sure. However, since a government is sort of a business entity as well that would jolt upon any opportunity they can get to earn more profit, then I don't think that a government would kill of the cryptocurrency market because, right now, it is a big market that commands a lot of moving assets that could certainly give lots of profit. I think instead of killing it off, governments would better try to assimilate the market to their local market systems that could help improve their economies, especially the week performing ones.

ramayor

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We can't say that a government can kill the cryptocurrency unless they will banned all the social networking sites but it is very impossible because it can affect the way people's life and they can't control crypto because it is well known and widely spread in different country. As we can see the government are also interested about cryptocurrency and they like having a seminars about bitcoin that cause to promote the cryptocurrency in many people

anjohyx

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Quote from: Whosdaddy on February 21, 2018, 07:32:52 AM

Quote from: smelly_cat on February 19, 2018, 09:38:25 AM

as for me i think it's unreal

There is no one in this world who can kill even a single crypto coin and that is because of the decentralized nature of all of the crypto coins as there is no such entity which is governing any of the crypto coin. The only thing which government can do is that they can stop the regulation of the crypto coins in their country but even then, they can’t kill it. Crypto currencies are independent in nature and no one is their governor.

All of the Government also can't kill/ban/stop crypto, they try to control us , but they can't do that, government only want to tax our crypto income

Whosdaddy

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Quote from: smelly_cat on February 19, 2018, 09:38:25 AM

as for me i think it's unreal

There is no one in this world who can kill even a single crypto coin and that is because of the decentralized nature of all of the crypto coins as there is no such entity which is governing any of the crypto coin. The only thing which government can do is that they can stop the regulation of the crypto coins in their country but even then, they can’t kill it. Crypto currencies are independent in nature and no one is their governor.

Janinjo11

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Janinjo tips

Quote from: btcpara on February 20, 2018, 05:07:28 PM

I don’t think world governments are just going to “look the other way on this”. Correct me if I am wrong, but doesn’t anonymity mean that it is impossible to tax? Which is what governments are in business to do basically..

I watched a video yesterday with one guy saying that if Bitcoin keeps rising, the other currencies like $,€ will face depreciation. So governments won't allow this to happen. If this happens, I'm sure they will post some more regulations.

Masziv

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Quote from: btcpara on February 20, 2018, 05:07:28 PM

I don’t think world governments are just going to “look the other way on this”. Correct me if I am wrong, but doesn’t anonymity mean that it is impossible to tax? Which is what governments are in business to do basically..

They can still see the fiat to exchange, and exchange to somewhere transactions which makes taxing possible. It is also hard to stop something that's decentralized.

BCEmporium

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Quote from: yareklamator on February 20, 2018, 04:54:14 PM

It is not profitable to the government kill a cryptocurrency completely . You understand that most of the whales are politicians from different countries. They can come up with an order of taxation, a fee for special license. But the blockchain is progress. You have to be a fool to give up progress.

Politicians aren't whales, they're the puppets of (fiat) whales.

btcpara

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I don’t think world governments are just going to “look the other way on this”. Correct me if I am wrong, but doesn’t anonymity mean that it is impossible to tax? Which is what governments are in business to do basically..

novocaine

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Its such a repeatly story this to ban crypto in an government, i am asking why and whu those peoples would to ban an awesome thing like the cryptocurrency...

Nowadays is really horrible to see those news about it and i hoping will be better

yareklamator

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Magic is real

It is not profitable to the government kill a cryptocurrency completely . You understand that most of the whales are politicians from different countries. They can come up with an order of taxation, a fee for special license. But the blockchain is progress. You have to be a fool to give up progress.

Chrisjay29

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I think maybe if all country will unite. But if only one country. It will never kill crypto. But he can banned crypto in his country just like china do. I think it will not gonna happen because many country now are trusting bitcoin..

FireDemon

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First of all, there is no World Government. The country governments cannot kill crypto, but can make life hard. And especially if they collaborate and work together. Lucky for us many countries have different rules and laws.

Victor Beckham

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Quote from: Cmoh on February 19, 2018, 10:44:54 AM

There is no role of any Govt. of the world to kill the Crypto and Bitcoin because of this the function of decentralization which works on blockchain technology. People are accepting it and only people will kill it. If the Govt. ban it then it will still run in illegally. Because this is not actually a currency but a system of payment method in worldwide.

Governments cannot kill crypto trading, but they can make very hard to transfer money into the exchanges and wallets. And they can make withdrawing money very hard as well.

BuGimen$

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Only if they all unite, but this is simply impossible in a real situation

denis-z12

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They can make regulations making it harder to buy crypto. Banks can ban deposits/withdrawals of anything related to cryptocurrency. In a way they can limit the use of crypto currency but they will never be able to keep people from buying them.

Cmoh

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There is no role of any Govt. of the world to kill the Crypto and Bitcoin because of this the function of decentralization which works on blockchain technology. People are accepting it and only people will kill it. If the Govt. ban it then it will still run in illegally. Because this is not actually a currency but a system of payment method in worldwide.

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