Yes, our governments can't control the bitcoin but they can make it illegal in our countries so that we can't use it no more.
Topic: Governments cannot control Bitcoin - page 3. (Read 793 times)
The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.
It is true, blockchain technology is currently prioritizing decentralization so that no one has the authority to rule and every user has the same position and is convinced of the fluctuating value of bitcoin or cryptocurrency. Moreover, bitcoin was originally created for such a purpose where every user has the same rights without any third party influencing the rules of the transaction (P2P network). There is the little fact that we can adopt the concept of blockchain technology by having central authority over transactions, and still have data security and transparency.
The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.
It is true, blockchain technology is currently prioritizing decentralization so that no one has the authority to rule and every user has the same position and is convinced of the fluctuating value of bitcoin or cryptocurrency. Moreover, bitcoin was originally created for such a purpose where every user has the same rights without any third party influencing the rules of the transaction (P2P network). There is the little fact that we can adopt the concept of blockchain technology by having central authority over transactions, and still have data security and transparency. The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.
bitcoin is free in the market. the government will not be able to control bitcoin, because bitcoin is not a product of a country and is approved by many countries. even if it makes rules about bitcoin, the government cannot implement it according to the rules it must still be in a reasonable stage.bitcoin is present in the world for the trading system, and it is entering the free market. anyone can trade and use it
The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.
Regulations is the closest they can do because they will have to spend a lot of money and a lot of manpower if they try to control Bitcoin transactions or if they will try to ban people will always find a way use transact and store their Bitcoin in fact they can benefit if they allow it and then just charge taxes on services and products associated with Cryptocurrency.
Government cannot control bitcoin beause it is decentralized, there is no way to control cypto. I believe that it is really hard to control blackchain. Maybe government will adopt blackchain technology soon for it had really a great help or maybe it can contribute to make payment system more simple.
There is a reason why the government wants to take control over crypto, aside from trying to help in regards to scamming and illegalities, they are also after the taxes that every holder may have to pay. But, it was very unfortunate that they can't make it and live the market still fully decentralize. It doesn't mean that we don't need the government but only we ask is their support, not banning crypto because we decline their intent to control us. If they can appreciate how useful is Bitcoin, huge adoption might take place and so they are.
Government cannot control bitcoin beause it is decentralized, there is no way to control cypto. I believe that it is really hard to control blackchain. Maybe government will adopt blackchain technology soon for it had really a great help or maybe it can contribute to make payment system more simple.
I don't see the need why government should want to control bitcoin when it has its national currency to deal with. The government could only desire track the earnings from bitcoin and ensure that her citizens remite the right amount as tax. I know some countries like the United States is towing along the path to checkmate the citizens cryptocurrency earnings.
As you say, governments cannot control bitcoin, and they cannot control this market. That's why many countries have tried to ban cryptocurrency because they can't control it, they fear it will cause Fiat to crash.
No, the government can control the usage of bitcoin through heavy/strict regulation. Yeah, it is going to be quite difficult for them, but trust me, almost every countries are catching up! A decade before, almost no casino, exchange or any crypto currency related service asked for identification. But, now almost most of the services requires users through go through the KYC process.And they aren't afraid because it is going to "crash fiat". They are scared people might use it to evade taxes and launder money easily.
that's for sure, because bitcoin is very difficult to control even by world governments, because the market demand for bitcoin investment is uncertain, so investing in cryptocurrency is high risk if we don't know the market movements, because when bitcoin price goes up or nothing can hold it
The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.
right. The crypto market is for us like paradise, but for governments it is a disaster. Governments are always looking for ways to stop money launderers and illegal activity, but to the crypto market it looks like they're giving up. they just put out laws to minimize the criminal profile and could do nothing more. That is also why governments never let their people use bitcoin in payments.
I agree with you, government would find it extremely difficult to control bitcoin since its transferred without any central body and the value is determined purely by the forces of demand and supply. I don't even see any government contesting with Bitcoin, because its way more than any country in particular. It's way larger than an single government and that makes it untouchable.
The government cannot control bitcoin because of the decentralized nature of bitcoin.Other than that, bitcoin has a very high level of security, because it's hard to track by anyone.
The government can't control bitcoin is right, bitcoin has a very high level of security is also right, but if you say it is hard to tracked by anyone this is wrong because One of many advantages of bitcoin is we can see and track all the transactions in the blockchain, it's mean transparent that's why a lot of people love it.full member
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We can´t say this claim because this never happened globally. We witnessed that it is possible in countries with the totalitarian regime - China, but in the end, they changed their attitude because they realized how much taxes they are loosing.
The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.
Governments can stop the acceptance of cryptos, they can stop the conversion of fiat into cryptos and vice versa and lot more things they can do even if it is decentralized but they can't do anything to stop a bitcoin transaction but literally no one will use it if it doesn't have any value. 
that is the main advantage of bitcoin, it cannot be controlled by anyone, especially the government. only the bitcoin users can control the movement of bitcoin. and it is hoped that bitcoin can replace money that is deliberately regulated and diminishes in value even though its circulation is restricted.
If you are saying the possibility to control bitcoin directly with its chain and it will never possible but the government has the right to control the exchange site that has already used by bitcoin and the whole of crypto to get money from the investors and traders or even users.
Lucky our government legalized bitcoin so we can able utilize it without wories, unlike other governments out there that just bans crypto for bullshit reasons like tax evasion, meanwhile they waste tax payers money on bullshit.
It is true that full transactions can only be carried out on the blockchain network, which is why the government does not fully support crypto, but crypto has started to be recognized and supported by various groups.It is only a matter of time until the government turns around and supports it, or remains adamant about rejecting it.
Governments don't have the power to control bitcoin and this is the reason why most of the governments are against bitcoin adoption. But seeing how people reacts positively on bitcoin might give way for bitcoin to be legally adopted in some countries which are slowly supporting bitcoin and promote its blockchain technology. 
that is the main advantage of bitcoin, it cannot be controlled by anyone, especially the government. only the bitcoin users can control the movement of bitcoin. and it is hoped that bitcoin can replace money that is deliberately regulated and diminishes in value even though its circulation is restricted.
But it could also become a double edged sword though I know that the people that already has an experience with crypto usually are comfortable with all the advantages and disadvantages it brings when using crypto.I personally prefer it decentralized just like this so that our money not gonna get frozen out of the blue even we never do something illegal. for example like exchange where the froze money just for. "review"
yes bitcoin is not like paper money which can be controlled and controlled by the government,
Obviously the government cannot do that with Bitcoin, because Bitcoin with a centralized system cannot be controlled, only exchanges can be controlled and are taxed when converted back into banknotes.
Obviously the government cannot do that with Bitcoin, because Bitcoin with a centralized system cannot be controlled, only exchanges can be controlled and are taxed when converted back into banknotes.
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