If people want to do something they will always find the way to do it. No matter how many regulations are released about it. Just look at how many illegal things there are that some people widely use.
If central banks/governments could stop Bitcoins, they would have done it already.
Topic: Maybe governments can stop bitcoin after all (Read 11342 times)
You have a point.
But, it will never be happen to bitcoin industry.
We all know that some countries are recognising bitcoin but there are also banning of it.
They can't banned bitcoin as long as there countries who are using bitcoin.
Maybe if all government unite for banning of bitcoin worldwide. I think that is the end.
But, it will never be happen to bitcoin industry.
We all know that some countries are recognising bitcoin but there are also banning of it.
They can't banned bitcoin as long as there countries who are using bitcoin.
Maybe if all government unite for banning of bitcoin worldwide. I think that is the end.
of course they can stop bitcoin and if they can´t at least they can slow it down with the laws and regulations they can have a negative effect with the burocracy
If more country ban it, the effects will only last for a bit. With each banning less effects than the ones before, until nobody care. It's decentralized, they can't stop that.
No matter what the government do they can't control bitcoin it's decentralized and bitcoin has it own system design and it's not been ruled by anyone bitcoin can rule over banks and government that can happen but not the other way around. Years for now the power and influence of bitcoin will continue to rise and become it world currrency
For me, Government can't stop Bitcoin, its growing investment in the whole world, maybe government can ban bitcoin as their alternative currency, but government can't stop their country men to invest in bitcoin.
Its not a matter of joke bro, stopping wilild fire is nearly impossible
India,China and other countries of world have introduced cryptocurrency in their countries though there are some risks as the money is decentralized and the opperators are anonymous and there is no one to control it.
More and more companies are participating in bitcoin mining, trade and other aspects, and they pay taxes.
It is hard for governments to make bitcoin illegal. The government can only introduce policies to regulate bitcoin.
It is hard for governments to make bitcoin illegal. The government can only introduce policies to regulate bitcoin.
Government today are not completely against bitcoin, there are a few nations are as yet open worked bitcoin exchange, and I trust government won't stop bitcoin in light of the fact that it truly helps individuals needs as far as money related, why government intend to stop bitcoin? Perhaps it is about assessment? On the off chance that administration stop bitcoin activity, im practically beyond any doubt that it is just a narrow minded choice without searching for the general population circumstance.
The government has never opposed bitcoin. They have been opposed to illegal things, with bitcoin and any other encrypted currency.
No government can ban bitcoin altogether.
No government can ban bitcoin altogether.
block chain and decentralized transaction is the most secure system this days that the government don't can't penetrate
so if they want to stop this system in a country the only way is a ultimate banned
but crypto will find ways
so if they want to stop this system in a country the only way is a ultimate banned
but crypto will find ways
Yes its a serious discussion but the fact remains that if governments are able to stop internet then its easy to stop bitcoin.
I dont think that goverments will stop bitcoin, because bitcoin is not doing anything wrong and i know that in next few years all goverments in this world is we will support or trust bitcoin because bitcoin is can totally give a good future for a particular country.This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
it is possible that these reasons could have made the government close bitcoins. the risk of fluctuating bitcoin values makes governments begin to doubt on bitcoin and always urge the public to always be careful. Yes its a serious discussion but the fact remains that if governments are able to stop internet then its easy to stop bitcoin.
I dont think that goverments will stop bitcoin, because bitcoin is not doing anything wrong and i know that in next few years all goverments in this world is we will support or trust bitcoin because bitcoin is can totally give a good future for a particular country.
Government cannot stop bitcoin, the only thing that they can do is prohibit and give punishment to who ever using bitcoin. But to find people who do things in bitcoin are not easy, to track them out they will need to spent a lot of their time. I think its not effective to do it, so the thing that they can do is making rules and bad news about bitcoin.
This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
For me also yes governments can really stop bitcoins after all because the government can banned bitcpins in their country like china and the other countries. The people in their country are not allowed to access any cryptocurrency so that means in that place no one can use it so the bitcpins can be stopped. And imagine if the united nations agreed to banned the bitcoins in all of the country we do not how how much the power they have but i know that they can stop it if they wanted to.
I think that will not happen during the rejection reaction from various parties, so the agreement will never happen, bitcoin is the future / technology we can not hold it or stop it, we can only follow the flow, the real evidence has been seen from various countries trying to ban it but in the end it is still enforced even if it is not legalized.
Yes its a serious discussion but the fact remains that if governments are able to stop internet then its easy to stop bitcoin.
I dont think that goverments will stop bitcoin, because bitcoin is not doing anything wrong and i know that in next few years all goverments in this world is we will support or trust bitcoin because bitcoin is can totally give a good future for a particular country.
True. Only governments can actually make Bitcoin useless. After the banning stage they've done we all noticed how the community reacts. And that will happen again in the future. They can never own or control Bitcoin but they can manipulate it by simply doing that kind of banning again.
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