Topic: Can world Government Kill Crypto? - page 76. (Read 6461 times)
Crypto industry appears to be here to stay - Governments can try and criminalize this activity but I can't believe even this will stop it
The government can't kill crypto, it's because of crypto being decentralized from the very start. I think what the government can do is put some limits such as its how can people can use it and also regulate some of its capabilities. And as long as the crypto gets support from the community, then it's impossible for the government to kill it.
Imagine, just imagine for a second the following scenario. petroBitcoin - for some closer unidentified reason our bellowed crypto becomes or being consider to become, major currency in the world of oil trading. Regardless of how impossible/improbable this is sounds, BTC starts to look a lot better, safer, more profitable for example for Saudis.
USandA faces its dollar to be completely abandoned and thrown in to the trash can of history. Along with this process their economy will face the same fate, resulting in complete destabilisation of world military power. I think you already know where I'm going with this...
war on bitcoin, war on crypto etc. I just can't imagine a case where very existence of world economics is threaten and no aggressive action is taken to prevent it.
The government can't kill crypto, it's because of crypto being decentralized from the very start. I think what the government can do is put some limits such as its how can people can use it and also regulate some of its capabilities. And as long as the crypto gets support from the community, then it's impossible for the government to kill it.
They have been on the neck and head of Cryptocurrecy ,trying to make it impossible for investors to lost interest of investing but all effort have been proved abortive,which means if it is possible they will put it to an end but it is quit impossible especially when some Government have approve of it to be legal.
as for me i think it's unreal
No I don’t think.no one can stop cypto. Because cypto is decentralized .if we stop trading sure cyptocurrency dead otherwise no one can beat our crypto world.and many government received big amount because they charged huge tax into cypto trading. in near future most of government accept cypto trading.so no once can stop crypto.
I always feel that block chain and bitcoin are our future, so no government can complete ban it, because it can develop in a direction on condition of anonymity, so no one can restrict it.
Indeed, Blockchain Technology and Cryptocurrency are the future of our money and even some countries aren't fully adapting it and others are banning it like China, still the rest of the world are adapting it, supporting it and even they develop their own Blockchain because they do really knew that in the near future everyone is using it and international companies are already on their way on including Blockchain as their marketing and operation advancements.
Blockchain couldn't be stopped.
Blockchain couldn't be stopped.
Of course we can see now how governments try to ban crypto, but I'm sure that they can't do this, because a technology can't be banned and I believe more and more people will understand that cryptocurrencies are much more honest and usable than fiat.
They wouldn't do that, because they can't even if they really want to. Banning crypto would be very easy, but killing it... Just look at the drug dealers: you wouldn't stop or kill something just because you banned it, but there will grow a black market that would be even more crazy and totally off their control and that is unnecessary.
"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 not like what you discussed. I do not think western regulation prohibits the growth of bitcoin or crypto. but only set with the policies they discussed earlier
for south korea. south korea has now opened the crypto market back on again. although some rules have been created to make it more secure. no one can kill crypto. but to make policies and regulations on crypto is possible. because it is very important to have a legal entity in charge of crypto and ico.
I cannot agree that any of the World Governments' is trying to kill Crypto. In fact, there are few major countries that could kill crypto (at least for now). Those are Korea, China, Russia, USA, Canada....I think that these are the major countries where most of the crypto participants came and I do not think that those countries are trying to kill crypto. In fact, they only try to regulate it, so that there are less scam, which is not so bad (for me, at least).
Also, if some of the countries are trying to kill crypto, for example China, they do not have to make regulations regarding crypto....they could just shut down the farms for mining in China and this will be much more bad for crypto, than regulations
Also, if some of the countries are trying to kill crypto, for example China, they do not have to make regulations regarding crypto....they could just shut down the farms for mining in China and this will be much more bad for crypto, than regulations
No. They can't kill it. And they wont, but soon they will not want to kill him.
Crypto has it's own world now.
Crypto has it's own world now.
Governments can ban cryptocurrencies. Many countries have already done so. The question is whether — or, to what extent — a ban will actually discourage use. In general, the government can slow its growth, might determine the medium of exchange by coordinating beliefs, employing transactions policy, and punishing users of alternatives but they cannot kill it outright. It’s online. It’s pseudonymous. To punish cryptocurrency users, the government has to find them. Can't kill a decentralized entity.
It cannot be killed in near future, but it can be hard regulated in every country so miners, investors and other people which have interest in it will be under the pressure. The crypto world will struggle this pressure but it will be functionating because a lot of money are circulatng here now. Government destoying those things that they can't control and use for itself.
Otherwise even if it's possible this scenario might come true in a few years, not now.
So feel free now to mine and invest in strong ICO, but check them wisely and make an audit before investing money in it.
In any case it's like guessing on the coffee grounds.
Otherwise even if it's possible this scenario might come true in a few years, not now.
So feel free now to mine and invest in strong ICO, but check them wisely and make an audit before investing money in it.
In any case it's like guessing on the coffee grounds.
Criminal charges against those who use Cryptos can really hurt Crypto (a 95% price crash easy)
I don't believe that there's somebody who could just simply pull of the plug from the outlet and kill or stop Crypto instantly.
No form of governments, states, institutions, corporations, organizations or individual could stop Blockchain and Cryptocurrency to dominate and replace our monetary system because this the future and we all are heading to the future and time will come that everyone will adapt Cryptocurrency that is the biggest part of everyday living.
I am one of the lucky Crypto enthusiasts who earn money while we're still on the first phase of introducing Cryptocurrency to the world.
No form of governments, states, institutions, corporations, organizations or individual could stop Blockchain and Cryptocurrency to dominate and replace our monetary system because this the future and we all are heading to the future and time will come that everyone will adapt Cryptocurrency that is the biggest part of everyday living.
I am one of the lucky Crypto enthusiasts who earn money while we're still on the first phase of introducing Cryptocurrency to the world.
i dont think it is possible yet, but we are more likely to see more regulations especially on icos and exchanges
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..
They can ban all exchanges. And you can not exchange crypto currency for fiat money. But so that the whole world would forbid, there will not be.
The World Government could have been implicated in the creation of Bitcoin itself. Bitcoin appeared in 2009, immediately after the economic crisis of 2008.
And maybe the coin become a test of new digital money technologies, which should come to replace the US dollar.
The US public debt is astronomical figure and most likely the government will have to crush it to pay off its debt.
And maybe the coin become a test of new digital money technologies, which should come to replace the US dollar.
The US public debt is astronomical figure and most likely the government will have to crush it to pay off its debt.
Jump to: