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Topic: How do you think bitcoin will be wiped out? - page 5. (Read 1467 times)

legendary
Activity: 2436
Merit: 1362
September 27, 2017, 03:39:35 AM
#5

They would need to turn off the internet forever, so basicaly impossible now.  If they were to crack  down on any particular coins new ones would be created within hours.  Just like what you saw with silk road only its even easier to create crypto coins. Pandora's box is open nothing can stop the crypto idea.

as above, its is impossible unless the internet is switched off forever,
which would also disrupt FIAT banking and communications globally.
so thats not going to happen!
full member
Activity: 378
Merit: 101
September 27, 2017, 03:30:35 AM
#4
It is impossible to wipe out bitcoin, why? because it is a decentralized currency, you need to deal with every people who use and mine bitcoin, because the people itself owns the bitcoin, if they're really want to make bitcoin erased then they need to shutdown the whole internet, because bitcoin uses internet to transact.
member
Activity: 111
Merit: 10
September 27, 2017, 03:29:39 AM
#3
No I dont think so/ Bitcoin wont wipe out.
hero member
Activity: 1372
Merit: 500
September 27, 2017, 03:28:25 AM
#2

They would need to turn off the internet forever, so basicaly impossible now.  If they were to crack  down on any particular coins new ones would be created within hours.  Just like what you saw with silk road only its even easier to create crypto coins. Pandora's box is open nothing can stop the crypto idea.
member
Activity: 105
Merit: 100
September 27, 2017, 03:22:01 AM
#1
I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...??  Huh
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