Not at all cause bitcoin is still in some part anonymus, of course some of us won't invest more in it and they will just hodl this amount which they have now but for some it will be just next step to overcome barrier made by goverment.
It is also to be noted that governments follow the will of the public. A welfare state do not impose those rules on their public which are in harm for their public so if people will get prosperity with bitcoin then they will not ban it in their country but they will promote it more and more and they will legalize it just like Japan which know that it is beneficial for their people so they legalize bitcoin in their state. 
Topic: If the powerful governments wanted to, do you think they could stop Bitcoin? - page 6. (Read 4852 times)
December 09, 2017, 05:12:35 PM
December 09, 2017, 05:01:02 PM
They can stop bitcoin operation on their countries but the total usage of bitcoin, I doubt it they can stop it. There's a massive adoption that bitcoin has recently and gov't isn't taking any step of looking on it as something that can be stopped.
I agree to that. The only thing that a government can do is to stop bitcoin for the transactions that is going in their country and after that then there they can't do anything more than that. Bitcoin is just cryptocurrency and it is decentralized so even the governments can't do anything to fully stop it as a cryptocurrency. December 09, 2017, 10:27:19 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?
So for me, I think government could kill and stop bitcoin if they want and they can do it as fast as they can because they have unlimited source to do this and tey have power to do what ever they want .. But I think the government will thinking to not stop bitcoin or kill it and I also think that they are now studying about bitcoin, they have many questions about bitcoin and they need the answer,answer that they will encourage, so they let us to still use bitcoin because they know what about bitcoin and they can learn bitcoin from many ways and they want to see how bitcoin in future.. Do you think Governments could kill Bitcoin?
December 09, 2017, 10:18:05 AM
I'm afraid yes,
of course not entirely, but they could lower bitcoin position for about 90% by demanding to register btc adresses and penalizing use of unregistered ones, then they can control use of bitcoins by criminalize transfer beetwen some adresses, so bitcoin will become useless for independent people.
of course not entirely, but they could lower bitcoin position for about 90% by demanding to register btc adresses and penalizing use of unregistered ones, then they can control use of bitcoins by criminalize transfer beetwen some adresses, so bitcoin will become useless for independent people.
December 09, 2017, 01:07:45 AM
I would hate to live in your world where you think governments are powerful. They have absolutely zero power in reality, but virtually people believe they do because of FIAT money. FIAT money has been taking power from the people and giving it to TPTB. No longer will they have power though because people are converting their worthless FIAT into BTC and that is taking power away from them.
It was actually the control they have over FIAT that gave them the power they have and enslaved people in the process. Those days are gone now and there is nothing they can do about it. Some of them have come to accept the reality and are already trying to see how they can regulate the activities, while some are still trying to prove stubborn, but they have no choice! They will definitely come around. December 09, 2017, 12:38:04 AM
Maybe they can stop bitcoin.But they cannot really in a way diminish it for a very long time.And there are some things that a government should do instead of ruining bitcoin.
They can only do one thing that they can stop bitcoin usage in their region and nothing else and this is the best thing about bitcoin that it cannot be stopped by any specific region the recent example is china they banned bitcoin price goes down a bit and then clicked back, bitcoin nature is unstoppable and this thing attract people toward it and the most stupid government can try this to stop bitcoin in short stop progress. December 05, 2017, 02:12:30 AM
Well im not an internet expert but i think that they can put a stop to its people by regulating or putting a internet censorship over its population, just like China has over its citizen they have some internet censorship but i dont know to what extent.
December 05, 2017, 02:10:54 AM
Did they stopped all the illegal usage of drugs or even the criminals lurking in the darkest market place? if not, then do you think they could completely stop this cryptocurrency? now that most of the people around the globe are investing, staking a lot of money with this thing?
December 05, 2017, 01:57:39 AM
The only way to effectively ban the bitcoin is to ban the internet itself. Some governments like China have been trying to ban or regulate cryptocurrencies but to no avail. Powerful governments in the future might try to control or suppress the use of bitcoin by using technologies that used to create bitcoin like blockchain technology.
December 04, 2017, 09:06:38 PM
I've watched the movie "bitcoin hacker". and there, the subject matter is:
the government is worried if bitcoin is used as a means of money laundering by the mafia. then, the government and the state police are trying to find the bitcoin holders. after watching the movie, I also became worried if it happened. hopefully nobody takes advantage of bitcoin for criminal purposes, so there is no problem with the government and bitcoin can continue to exist.
This already happened, have you not heard about the silk road and similar sites? And it is useless to hope otherwise, bitcoin is going to be used by criminals and unfortunately that is going to bring the attention of the governments, however if they try to deal with this by just punishing bitcoin users they are going to find that is going to become a lot harder than they thought, the best approach is to accept bitcoin and then prosecute those that are guilty of a crime. the government is worried if bitcoin is used as a means of money laundering by the mafia. then, the government and the state police are trying to find the bitcoin holders. after watching the movie, I also became worried if it happened. hopefully nobody takes advantage of bitcoin for criminal purposes, so there is no problem with the government and bitcoin can continue to exist.
December 04, 2017, 07:22:59 AM
For me i think they can stop the bitcoin by the goverment because they do not control the bitcoin or else they have no right to stop the bitcoin, there are so many people who help bitcoin especially those who do not have jobs or stable jobs.There are so many jobs for the people but the goverment does not give it.
Government is the only organization that the people obey in a country and that is the reason why the government can stop bitcoin because if they will make a law that is strong enough to scare people and make them away from using bitcoin then i think that it will be very possible for them to just stop bitcoin and shutdown it completely by banning it. December 04, 2017, 07:15:20 AM
For me i think they can stop the bitcoin by the goverment because they do not control the bitcoin or else they have no right to stop the bitcoin, there are so many people who help bitcoin especially those who do not have jobs or stable jobs.There are so many jobs for the people but the goverment does not give it.
Government is the only organization that the people obey in a country and that is the reason why the government can stop bitcoin because if they will make a law that is strong enough to scare people and make them away from using bitcoin then i think that it will be very possible for them to just stop bitcoin and shutdown it completely by banning it. December 04, 2017, 07:04:02 AM
For me i think they can stop the bitcoin by the goverment because they do not control the bitcoin or else they have no right to stop the bitcoin, there are so many people who help bitcoin especially those who do not have jobs or stable jobs.There are so many jobs for the people but the goverment does not give it.
December 04, 2017, 05:47:17 AM
I think that everything is under control, no one will allow chaos in the states...and if bitcoin was a danger, it would have been covered long ago
December 04, 2017, 03:53:50 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?
Do you think Governments could kill Bitcoin?
"Do you think Governments could kill Bitcoin?"
To this extent, I would let us know that so many countries do not see some other countries as powerful or bigger than them and so, whatever suggestion or ways that are preferred by the "powerful" countries are not abided to. The "smaller" countries always look for opportunities to showcase that they are also to be reckoned with.
Hence, talking about making a stopping statement or banning bitcoin would be difficult for every country to hid to. Some countries would now see it as a time to thrive.
Also, we understand that some countries have personal antagonist tendencies over others.. At least we saw how China banned icos and immediately adopted by Japan for instance.
December 04, 2017, 02:55:14 AM
They can stop bitcoin operation on their countries but the total usage of bitcoin, I doubt it they can stop it. There's a massive adoption that bitcoin has recently and gov't isn't taking any step of looking on it as something that can be stopped.
I agree to that. The only thing that a government can do is to stop bitcoin for the transactions that is going in their country and after that then there they can't do anything more than that. Bitcoin is just cryptocurrency and it is decentralized so even the governments can't do anything to fully stop it as a cryptocurrency. 
December 04, 2017, 02:28:35 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?
Bitcoin has made a very strong root in the digital world and most of the people have started trusting in it and also have developed a good trust on it. Do you think Governments could kill Bitcoin?
But if big governments like china tries to make bitcoin illegal or try to fall bitcoin it ill be not so easy for them to do so as bitcoin has gained the hearts of many people around the world and people live there daily life on this bitcoin income so the will try to protect this and make the country to accept the bitcoin and its flow in the country . Bitcoin has become the base of income for many people around the world.
December 03, 2017, 02:52:27 PM
Not at all cause bitcoin is still in some part anonymus, of course some of us won't invest more in it and they will just hodl this amount which they have now but for some it will be just next step to overcome barrier made by goverment.
December 03, 2017, 02:46:05 PM
They can stop bitcoin operation on their countries but the total usage of bitcoin, I doubt it they can stop it. There's a massive adoption that bitcoin has recently and gov't isn't taking any step of looking on it as something that can be stopped.
December 03, 2017, 02:36:58 PM
Government cannot totally stop Bitcoin,we know that Bitcoin is already used by many people.it cannot stop instantly, maybe they can do it by regulating some laws or ban it to their community/country but not totally kill it.government did not even know the advantages given to those users of bitcoin.
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