They could stop, restrict exchange on fiat money and money withdrawal, so everyone would sit with Bitcoins.
It possible for a couple of country to do that but what about the other countries that doesn't care about bitcoin since it hasn't cause any trouble. Anyway, even if exchange on fiat has been restricted then how about a peer to peer or person to person selling and buying of it. Its possible for governments to restrict bitcoin usage but I don't it's possible to be stopped 
Topic: If the powerful governments wanted to, do you think they could stop Bitcoin? - page 15. (Read 4846 times)
November 03, 2017, 10:41:18 AM
November 03, 2017, 10:30:29 AM
This is something which I've beleived for awhile, which is the prospect that if big governments and banks worked heavily together they'd be able to remove Bitcoin from the face of the earth. They wouldn't ban it, as that would be a tough thing to swallow for the American people as they wouldn't see a good reason to do that ( at least in my mind here) But they could just go ahead and regulate Bitcoin into oblivion, making it hard for Bitcoin businesses (buying and selling, trading, etc) to operate within their countries, or be subject to insane taxes, KYC AML and such.
Do you think Governments could kill Bitcoin?
And what makes you think they are not trying, at first they did not care bitcoin was just too small then they realized too late that bitcoin in fact had a future and they tried to kill it indirectly with bad press but they failed with that, their next option is to regulate it, but bitcoin is impossible to regulate since there is not a central figure to threaten, and at the end they are going to ban it, but in many countries where liberty is appreciated this is going to raise concerns and eventually bitcoin is going to be legalized. Do you think Governments could kill Bitcoin?
November 03, 2017, 10:25:38 AM
government cannot gain tax from bitcoin since it is decentralised. China cant ban bitcoin, so how other b\governmentcan ban bitcoin. the only thing that can do to "kill" bitcoin is to buy the 21m bitcoin that are currently mined.
Governments are collecting taxes on bitcoin and income from the bitcoin. In countries which are recognizing bitcoin or crypto currency as property will attract the property tax, whereas in countries where bitcoin is recognized as the accumulated wealth will be taxed under the wealth tax. This wealth tax is applied to the gold, silver, other precious metal and stones like diamond, ruby, perls etc etc. 21M bitcoins is not going to kill the bitcoin, in fact it is that number which has kept bitcoin users loyal to it. Because of limit on crypto coins, there is trust among the users that if tomorrow bitcoin touches a million per coin then devels wont take advantage of it by increasing more coin limit. This scarcity is the one of reason for price rise and loyalty. November 03, 2017, 09:07:16 AM
government cannot gain tax from bitcoin since it is decentralised. China cant ban bitcoin, so how other b\governmentcan ban bitcoin. the only thing that can do to "kill" bitcoin is to buy the 21m bitcoin that are currently mined.
November 03, 2017, 05:45:39 AM
This is something which I've beleived for awhile, which is the prospect that if big governments and banks worked heavily together they'd be able to remove Bitcoin from the face of the earth. They wouldn't ban it, as that would be a tough thing to swallow for the American people as they wouldn't see a good reason to do that ( at least in my mind here) But they could just go ahead and regulate Bitcoin into oblivion, making it hard for Bitcoin businesses (buying and selling, trading, etc) to operate within their countries, or be subject to insane taxes, KYC AML and such.
Do you think Governments could kill Bitcoin?
Well in my opinion, they could not stop the bitcoin. Even though we know what is the capabilities of governmnet still it will be tough for them to stop it. And even now they can't still found out who is this satoshi nakamoto who is the creator of bitcoin. They can compete with it by just making of their own bitcoin but they cannot replace it.Do you think Governments could kill Bitcoin?
They can easily destroy it if they work together in every country. Bitcoin would fall to zero dollar in no time. Like months ago bitcoin fell to 3k from nearly 5k dollars. This means everything is possible.
They can also destroy altcoins by banning them. Altcoins are not that strong like bitcoin.
November 03, 2017, 05:38:48 AM
I think it will not happen because it recognizes bitcoin not only in a country even around the world. The government has also analyzed what bitcoin can contribute to the economy of a country even among the peoples. In addition to the fast-paced transactions the unemployed in a country are still reducing. Not like those companies with discrimination. Here in bitcoin no discrimination anyone can earn so I think the government cannot stop the bitcoin
November 03, 2017, 03:00:40 AM
They could stop, restrict exchange on fiat money and money withdrawal, so everyone would sit with Bitcoins.
November 03, 2017, 02:51:01 AM
It's not reasonably for government of one country. And it's very hard to imagine that greedy governments or banks unite in one community. Even if it may occur it will be too late i think 
November 03, 2017, 02:43:28 AM
This is something which I've beleived for awhile, which is the prospect that if big governments and banks worked heavily together they'd be able to remove Bitcoin from the face of the earth. They wouldn't ban it, as that would be a tough thing to swallow for the American people as they wouldn't see a good reason to do that ( at least in my mind here) But they could just go ahead and regulate Bitcoin into oblivion, making it hard for Bitcoin businesses (buying and selling, trading, etc) to operate within their countries, or be subject to insane taxes, KYC AML and such.
Do you think Governments could kill Bitcoin?
Well in my opinion, they could not stop the bitcoin. Even though we know what is the capabilities of governmnet still it will be tough for them to stop it. And even now they can't still found out who is this satoshi nakamoto who is the creator of bitcoin. They can compete with it by just making of their own bitcoin but they cannot replace it. Do you think Governments could kill Bitcoin?
November 03, 2017, 02:28:37 AM
Do you think Governments could kill Bitcoin?
Indeed, sometimes I also thinking about that, if the governments and big banks around the world cooperate, they certainly could kill of bitcoin from the face of the earth. But honestly, I personally can't be sure it will be happened or not, in my opinion the likelihood of occurr is still small, because bitcoin still really gives many benefits and advantages for many people to boost finances, overcome financial problems,etc and certainly from so many governments + all big banks in all countries will not easily decide to kill bitcoin, well certainly still consider many things. 
November 03, 2017, 02:15:53 AM
They could try by making their own version of bitcoin but it won't be enough to stop bitcoin. One way of killing bitcoin is to cut the internet access of everyone so there would be no transactions being made every second but that's unlikely to happen.
Well, internet has got past the stage where it can be cut off now as it will most definitely affect them too. Buying all bitcoin as well is already impossible and unless they are willing to wait for the remaining unmined bitcoin to keep buying, then no problem.The thing is that it is too late and even right from the onset it is a disruptive scheme that has come to stay and in as much as they did all their best to frustrate the effort, it just kept growing and I am sure they have come to realize it is better they benefit than to keep attacking now that is still possible. God bless Satoshi!
November 03, 2017, 01:38:11 AM
They could try by making their own version of bitcoin but it won't be enough to stop bitcoin. One way of killing bitcoin is to cut the internet access of everyone so there would be no transactions being made every second but that's unlikely to happen.
Well, internet has got past the stage where it can be cut off now as it will most definitely affect them too. Buying all bitcoin as well is already impossible and unless they are willing to wait for the remaining unmined bitcoin to keep buying, then no problem.The thing is that it is too late and even right from the onset it is a disruptive scheme that has come to stay and in as much as they did all their best to frustrate the effort, it just kept growing and I am sure they have come to realize it is better they benefit than to keep attacking now that is still possible. God bless Satoshi!
November 02, 2017, 09:10:15 AM
I think they can stop bitcoin if they serious about that, you know goverment they have a power maybe they can increase the price of bitcoin and lower if they want to involved but i think bitcoin can help the economy, possible that they want to stop bitcoin.
Who are the they ? All the government worldwide ? You think some did not ? They tried! They attacked it ! They did everything possible. Do you know how much fund was lost during Mt. Gox ?But at the end, it seems bitcoin just would not listen and then it kept on going and kept becoming even more of a threat and the only thing any sane government would do now is just to legalize it for their benefit since that is what most countries are already doing.
November 02, 2017, 08:31:40 AM
As many people says bitcoin is unstoppable and I believe that so. Whether the government like it or not, bitcoin is clearly the future of payments.
Decentralized systems is hard to eradicate it is owned by people and if the government do something to stop it people will revolt. But I don't think it will happen, even China's banning did not work and so other countries.
Decentralized systems is hard to eradicate it is owned by people and if the government do something to stop it people will revolt. But I don't think it will happen, even China's banning did not work and so other countries.
November 02, 2017, 08:09:12 AM
I think they can stop bitcoin if they serious about that, you know goverment they have a power maybe they can increase the price of bitcoin and lower if they want to involved but i think bitcoin can help the economy, possible that they want to stop bitcoin.
You are right if the government wants then they can easily increase the power and the price of the bitcoin. for this it will take the time and if once it happened the bitcoin will become the world famous currency and all the people will use the bitcoin and they will get the best return from the bitcoin users I hope in the future the bitcoin will grow more and more so the government will be in the favor of the bitcoin. 
November 02, 2017, 04:55:07 AM
I think the government will not be able to stop bitcoin, no matter how powerful the government is.
Because of the most powerful way to get rid of bitcoin, just by shutting down all the internet networks in the world, I'm sure, bitcoin will disappear and no longer be used in this world. And i think it's very unlikely, because everyone in the world is very dependent on the internet. So in conclusion, bitcoin will always exist as long as the internet network exists in the world.
Because of the most powerful way to get rid of bitcoin, just by shutting down all the internet networks in the world, I'm sure, bitcoin will disappear and no longer be used in this world. And i think it's very unlikely, because everyone in the world is very dependent on the internet. So in conclusion, bitcoin will always exist as long as the internet network exists in the world.
November 02, 2017, 04:41:05 AM
Look what china tried to do.Governmetns dont have that chance and power to stop blockchain tecnhology. If they has they should finsih it.
November 02, 2017, 04:38:09 AM
If the government itself wants it, of course it could do it, but everyone just like it is now, illegal things are "movig and living" about the various ways and on the Internet it is even easier.
Even though how powerful that country, it can't stop bitcoin at all as many other countries are supporting this. Only they can do is just banning it from coming in. Bitcoin is totally decentralized and nothing should take control with it. Actually killing bitcoin isn't a good idea because a lot of people benefiting this, in fact this is a big chance for them to have a better life. And now, this kind o technology is a playing a big role as we are now in new generation.
November 02, 2017, 04:33:58 AM
I think they can stop bitcoin if they serious about that, you know goverment they have a power maybe they can increase the price of bitcoin and lower if they want to involved but i think bitcoin can help the economy, possible that they want to stop bitcoin.
They can really stop bitcoins because they are the leaders of the country but when they ban bitcoins then a low of complains will happen coming from huge bitcoin companies because they will lost all their investments if it happens.
November 02, 2017, 04:07:40 AM
I so not think it's possible, it can be okay. And if bitcoin can not stop the government because the two may even join if, the government wanted to stop the bitcoin. It's not easy to get a bigger bitcoin because bitcoin is one of the biggest company so difficult to make the government stop the bitcoin.... If just in case....
It all depends on whether that government has declared bitcoin as legal or not. If they have declared it as legal, then there are chances that they’ll be able to stop usage of bitcoin in their countries. In other case, it will not be possible for the government to do any such kind of thing as bitcoin does not come directly under the control of any single person or government. This cannot happen at all.Yep... exactly, and the more that the government may try to control these kinds of matters, then the more that the whole conduct will be pushed underground.
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