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.
The dump is caused by speculators and weak hands, no one that know anything about bitcoin will see a relationship between icos being banned and bitcoin, most of the icos are ETH tokens and have no relationship with bitcoin, now bitcoin is trading at the same levels as before which show to us this was nothing but a speculative dump if it was a real one the price will go down and stay down for months or years.
Topic: Maybe governments can stop bitcoin after all - page 14. (Read 11335 times)
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.
How sad, we will lose our hard work in just a snap. Bitcoin would dump after Government announced the irregularities in bitcoin. There is nothing we can do when the government decides on it, just follow the rules. I still believe that we can still earn more money online even without ICO and bitcoin. All we have to do is look for our brighter side and use our best skills via online like programming, designing, and etc. I don't think government can stop bitcoin in the coming years but I do think they will soon have a share on each individuals who use bitcoin to gain profit, especially when they pass a law to tax bitcoin users. Also if I were to based it on my countries condition, bitcoin has not yet caught their attention or any other digital cryptocurrency that is available around the world.
No one can stop bitcoin if they cannot stop torrents and people from downloading movies and video games or from streaming their favorite shows, then they are not going to stop bitcoin, people think of governments as all powerful and while they are powerful there are things they cannot stop and bitcoin is one of them and I’m sure they have realized that. No, that's not gonna be happen. We all know that government was categorize in centralization system while Bitcoin was categorize in decentralization were obviously the government can't able to control bitcoin because of this wonderful and great features of bitcoin.
If you are not believing consider the fact that bitcoin is a decentralized system that has been establishing its own name all over the globe that as they say may have the possibility that it may replace fiat which is undoubtedly be happened, but the thing is governments will never allow a decentralized sstm may rule over them and their signature curreny if government cannot hold in the fact that ut may be greater than fiat they might do some action that may lead to governments to stop bitcoin.
No, that's not gonna be happen. We all know that government was categorize in centralization system while Bitcoin was categorize in decentralization were obviously the government can't able to control bitcoin because of this wonderful and great features of bitcoin.
If you are not believing consider the fact that bitcoin is a decentralized system that has been establishing its own name all over the globe that as they say may have the possibility that it may replace fiat which is undoubtedly be happened, but the thing is governments will never allow a decentralized sstm may rule over them and their signature curreny if government cannot hold in the fact that ut may be greater than fiat they might do some action that may lead to governments to stop bitcoin.
No, that's not gonna be happen. We all know that government was categorize in centralization system while Bitcoin was categorize in decentralization were obviously the government can't able to control bitcoin because of this wonderful and great features of bitcoin.
If you are not believing consider the fact that bitcoin is a decentralized system that has been establishing its own name all over the globe that as they say may have the possibility that it may replace fiat which is undoubtedly be happened, but the thing is governments will never allow a decentralized sstm may rule over them and their signature curreny if government cannot hold in the fact that ut may be greater than fiat they might do some action that may lead to governments to stop bitcoin.
The government's regulation of bitcoin transactions should instead consider bitcoin illegal. because if indeed the government can really mean it then the country can get more income than bitcoin subsidy.
No government will kick the development and progress chance out from their country and bitcoin is the major chance of development and economy stability and those who are using it see their economy and their development state and compare with those who are not and governments will not be jealous to their citizens if they are making clean and clear money.Government can do anything and there is always pressure of authority bodies when something extra ordinary happens within the world. However in developed countries government might just not care much about bitcoin or digital world as long as something illegal is not happen with it. The vulnerability of getting stopped with bitcoin might arise in the countries which are underdeveloped because the government won't allow people's to use third world currency as they may loose control over there own. This is complex and you never know what decision your government might just take in first place.
May or may not the governments can do anything but bitcoin is not the property of one government. It is circulated all over the world. And the people invest in bitcoin from all over the globe. So it may not be so easy for any government to stop bitcoin because it is not only a currency but also a coin business and all the people have the right to invest their money where they want and where they feel the most profitable field. 
The government's regulation of bitcoin transactions should instead consider bitcoin illegal. because if indeed the government can really mean it then the country can get more income than bitcoin subsidy.
No government will kick the development and progress chance out from their country and bitcoin is the major chance of development and economy stability and those who are using it see their economy and their development state and compare with those who are not and governments will not be jealous to their citizens if they are making clean and clear money. 
I don't think that government able to control bitcoin because it is decentralized but market mess will be created over and over against bitcoin and alternative coins .
Panic in the market is created by those people who do not want to believe that bitcoin is a very strong coin. With every minor news, they begin to panic. I think that the government has no way to ban bitcoins
Jamie Dimon taken as a recent example. His bashing did not really caused a panic, but his origins are to be considered.
Goverments are overated in a globalized society. Corporations expanded into the scale of countries. There are banks of that size.
A goverment has ruling limits documented by their constitution. Any of the other players of compareable sizes are not limited by something even similar. I think they are the real thread. And those got a lever into politics by lobbying, bribery or other means.
The government's regulation of bitcoin transactions should instead consider bitcoin illegal. because if indeed the government can really mean it then the country can get more income than bitcoin subsidy.
i dont know. botcoin can be stop by government maybe. like china banned bitcoin but im not sure people in there not use bitcoin. just for my opinion
though, government take salary from bitcoin. because bitcoin more profitable if you can use
Bitcoins have made it possible to urge with governments to ensure them about its advantages. And what is best about all this? You know governments know very well about what economical potential bitcoins have and how they can made their country strong financially. But the reason of their banning comes, just because of decentralized nature of bitcoins.though, government take salary from bitcoin. because bitcoin more profitable if you can use
i dont know. botcoin can be stop by government maybe. like china banned bitcoin but im not sure people in there not use bitcoin. just for my opinion
though, government take salary from bitcoin. because bitcoin more profitable if you can use
Bitcoins have made it possible to urge with governments to ensure them about its advantages. And what is best about all this? You know governments know very well about what economical potential bitcoins have and how they can made their country strong financially. But the reason of their banning comes, just because of decentralized nature of bitcoins. though, government take salary from bitcoin. because bitcoin more profitable if you can use
No one can stop bitcoin. how many times does the government shut down bitcoin? many many times right!? Bitcoin is unstopabble. Bitcoin will give growth in every country we belong. so governments should educate themselves to merge their money to blockchain.
No government will stop it, because they know very well that bitcoin has potential to give boost to their national economy and those who will do this stupid thing they will cut off their development and they will lag in each and every field of progress and no government can do this because citizen know better than government what is best for them and what is not and bitcoin is best,No one can stop bitcoin. how many times does the government shut down bitcoin? many many times right!? Bitcoin is unstopabble. Bitcoin will give growth in every country we belong. so governments should educate themselves to merge their money to blockchain.
No government will stop it, because they know very well that bitcoin has potential to give boost to their national economy and those who will do this stupid thing they will cut off their development and they will lag in each and every field of progress and no government can do this because citizen know better than government what is best for them and what is not and bitcoin is best, No one can stop bitcoin. how many times does the government shut down bitcoin? many many times right!? Bitcoin is unstopabble. Bitcoin will give growth in every country we belong. so governments should educate themselves to merge their money to blockchain.
Bitcoin is by no means unstoppable. Bitcoin exist virtually and we need the internet to transact with it. And you know who controls the internet? The government, they can single-handedly issue executive orders where they command internet service providers to block of all kinds of cryptocurrency wallets in order to stop the usage of cryptocurrency in that 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.
The dump is caused by speculators and weak hands, no one that know anything about bitcoin will see a relationship between icos being banned and bitcoin, most of the icos are ETH tokens and have no relationship with bitcoin, now bitcoin is trading at the same levels as before which show to us this was nothing but a speculative dump if it was a real one the price will go down and stay down for months or years. No one can stop bitcoin. how many times does the government shut down bitcoin? many many times right!? Bitcoin is unstopabble. Bitcoin will give growth in every country we belong. so governments should educate themselves to merge their money to blockchain.
The government didn't shutdown even once they are just trying to regulate bitcoin but they don't shutdown bitcoin because they can't since it is decentralized. Bitcoin can be stopped by the government if they want to do it because they can create a law that will ban bitcoin to their country and they will continue doing that until there is no people will use or even mine bitcoin. 
No one can stop bitcoin. how many times does the government shut down bitcoin? many many times right!? Bitcoin is unstopabble. Bitcoin will give growth in every country we belong. so governments should educate themselves to merge their money to blockchain.
I guess government can't stop bitcoin, but they can be ban it in they counteif they want.
Jump to: