"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 dont think that world government can kill crypto, then can manipulate it but i dont think that they can kill it. why? because even those who called “government” are studying about crypto, they are also using it to earn big money thays why they are manipulating it.
Yes i agree, the other reason why the government can not kill cryptos due to it is decentralize, transparant, immutable and unstoppable. Almost all of cryptos coins be run by their community ( developers of team in free time, the community of miners and cryptos lovers) without control the government or corporations and other. As long there are community that supports of cryptos, the cryptos can not be killed by the government.
i totally disagree, sorry. All altcoins are worth something due to the possibility to exchange it to BTC. once BTC crashes, those coins will be worth NOTHING. Who is going to be using mining and spending electricity on something that's worth NOTHING??
For god shake, i don't know if you have interests on any coin (i sold all my ETH at 1050$). i knew this was gonna happen. If BTC is worth almost nothing, all altcoins will be worth nothing. If BTC cannot be used in real live, nor will be those alt coins.
For me , cryptocurrency is dead, because goverments have done what they can only do: put regulations over them, so that they are not viable to evade taxes. This is the only truth of nowadays, and what proves why BTC and ETH have lost 50% of its value in 1 month, or why in that same period, the money invested in cryptomarket has gone from 800.000.000.000 dollars to about 280.000.000.000.000, that's like 70% down.
Face it, those that are farming, will spend more money in electricity and actual profit. And yes, they have killed cryptocurrency. At all. If you don't believe me, see the graphs of all coins and compare news from goverments to falls in price. they absolutely match.