I have concluded that all governments together can't stop bitcoin - page 8.

The Cryptovator

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If you know that how a decentralized system works then simply you know that any centralized organization like the government wouldn't prevent the use of Bitcoin. Because Bitcoin is the truly decentralized cryptocurrency backed by the community. It's not backed by any government. So, they simply unable to stop Bitcoin. Although they can't stop it technically, but if all governments ban Bitcoin then it would affect Bitcoin price. I don't think it will happen since the world moving towards digitization. And a few governments taking advantage of Bitcoin that is well aware of its technology.

Charles-Tim

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Although, before it is very unstoppable to stop bitcoin because it is decentralized, while people are now adopting it the more. Who are the people to stop it? The governments that have officials already having bitcoin, this makes it hard for bitcoin to be stopped in the developed country, while the developing and underdeveloped countries will follow. I see bitcoin as the world's currency in the future, not that it will be the only currency but will be the most powerful of all existing currencies. Also a potent asset to compete with gold which is the greatest asset in the world.

Bitcoin is unstoppable.

Gozie51

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I get to be thinking what about all the government of the world unite and decide to stop bitcoin and cryptocurrency ? Grin

I have wondered if this is possible to happen despite bitcoin being decentralized. Within me, I don't think that is no more possible because bitcoin is now unstoppable. Just like water is to the fish, bitcoin is the light of the earth.

What do you say yourself ?

Topic: I have concluded that all governments together can't stop bitcoin - page 8. (Read 1169 times)