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Topic: Maybe governments can stop bitcoin after all - page 6. (Read 11342 times)

full member
Activity: 196
Merit: 100
They are not banning the Bitcoin just they banned only ICO's because it may create lot of panics in the governments already there is big rumors about China. Definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems. Unless the Bitcoin's community is threatening the world's economy and the tax of the government, there is no reason to bans Bitcoin if they can tax the Bitcoin's user
hero member
Activity: 1148
Merit: 504
Bitcoin has been banned in some countries but it still grows. In a way, it helps the developed nations, so many countries have adopted it. People can join it even though it becomes illegal because it is completely in the dark and nobody knows you. So Bitcoin will continue to grow despite the hindrance of government and banking
which country has adopted bitcoin? which I often see is that many countries still prohibit the use of bitcoin, yeah bitcoin grows and more popular but it is true that many people are increasingly hating bitcoin due to the development of bitcoin, and the government may give bad rules on bitcoin
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
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.
Do you think that the government has a power that can stop bitcoin? I believe that all of us are aware that there is no organization, group or even government that can stop bitcoin. I can say that the bitcoin is unstoppable.
Yes it is. Remember the bitcoin pegged into the centralized site. that means if the bitcoin can stand without exchange site. As the decentralized exchange population is very low rather than the centralized exchange. The centralized exchange was following the government's rules. It may become a very bad part in crypto.
hero member
Activity: 686
Merit: 500
definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
Yes, the governments are afraid of their economies but they are seeing bitcoin only from one side and are only worried about the banking system of their state but on the other hand, bitcoin is modernizing people and giving them opportunities. It can help people to improve their financial condition so indirectly bitcoin is also helping countries to improve their economy but the governments can't see it.
full member
Activity: 994
Merit: 105
I feel government can stop bitcoin with a choice of stopping it from mainstream activities. The technology of crypto currency is really beneficial as there is money on it. Government may try to put some limitations for trading and exchanges. There is a tremendous growth in bitcoin.
World is enjoying the profits of bitcoin including the bankers do keep interest.
sr. member
Activity: 686
Merit: 250
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.
But that only makes icos illegal, that does not ban crypto in itself, that just means that the developers cannot expect to get millions of dollars without having anything ready, if they want to obtain money they are going to need to do it by supporting their coins creating giveaways and creating support for their projects, I like it, this way we are going to see better coins and not just attempts by scammers to make a quick dollar.
member
Activity: 106
Merit: 10
Highest ROI crypto infrastructure
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.

Sure some may dump and move on some see the bigger picture and are holding on for that. If you live in a 3rd world country and got in early yeah you can get out and retire but for the rest of us that simply can't happen yet. Also I doubt the government's come together and crash bitcoin it would mean that they would have to see eye to eye which has never happened in human history. It is possible but I put it at improbable.
member
Activity: 160
Merit: 14
Government of any country cannot stop bitcoin after all. Cryptocurrency is invented for its won identification which cannot be traceable and you don't know who is having how much which give the investor freedom to grow independently. Till internet is available in the world no one can block bitcoin. Technology is the key power of cryptocurrency it cannot be banned.
full member
Activity: 481
Merit: 100
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.
Do you think that the government has a power that can stop bitcoin? I believe that all of us are aware that there is no organization, group or even government that can stop bitcoin. I can say that the bitcoin is unstoppable.
bs9
full member
Activity: 154
Merit: 100
The government wants to control bitcoin and soon if several more countries ban it, the price may drop significantly. Bitcoin has grown very well and is a huge competition for the banking system.
Most of governments never want to cryptopia currency any country .If they agree and legal to their country they didnot get huge tax and face a problem in economy.Developed country already agree and legal there country but its some country and most of country use bitcoin or any other coin illegal.
sr. member
Activity: 463
Merit: 250
definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
No, You really need to get your facts straight regarding this. Governments are not controlling digital currencies in any way especially bitcoin. Bitcoin is totally decentralized and governments are working day and night to get some good control over this currency to regulate it in their states.

This is the reason many countries have not yet declared bitcoin legal officially. Governments can control only that currency which they have made.
It is not the main of reason made the government do not accept Bitcoin is legally. Bitcoin used the blockchain technology for its system, it was developed on this technology and it is also the first product used this technology for develop. But the nature of blockchain technology is decentralized and the government do not like that Grin.
hero member
Activity: 1190
Merit: 541
Its is impossible and no one can stop spreading and continuesly rising value of bitcoin even thou the government they cant stop bitcoin because this is a digital money that they cannot control spreading the information about bitcoin just like in our country they broadcast that the bitcoin was a scam and if you are joining here you are go to jail but for those who know literally bitcoin didnt believe what government broadcast because we know that we are earning legally and its have a big help everyone of us.
Nobody talked about the price rate going up and down, nobody can stop that one (except the developers of Bitcoin, cause they carry out everything and makes every decision on how things works) but as for stopping bitcoin entirely, there is quite a possibility in doing that.

If a particular wants to stop Bitcoin, they can, but don’t ask me how, cause I won’t even say how. Well, why would they stop Bitcoin, while they are benefiting from it?
full member
Activity: 266
Merit: 102
No, government can not be stop bitcoin after all because  lot of people is expecting to make a good savings and investment for our future came from bitcoin. Many government got banned and against to bitcointalk, I think their reason has no tax and also decentralization but my country's government bitcoin was surely to be apart of it. All of us are working in bitcointalk because we are wanted to make some investment and get a good profit. That's why we need our government to protect us and support on how to work in bitcointalk and also our government was our guide to get away in the hand of scammers.
sr. member
Activity: 552
Merit: 250
Its is impossible and no one can stop spreading and continuesly rising value of bitcoin even thou the government they cant stop bitcoin because this is a digital money that they cannot control spreading the information about bitcoin just like in our country they broadcast that the bitcoin was a scam and if you are joining here you are go to jail but for those who know literally bitcoin didnt believe what government broadcast because we know that we are earning legally and its have a big help everyone of us.
hero member
Activity: 2548
Merit: 605
definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
No, You really need to get your facts straight regarding this. Governments are not controlling digital currencies in any way especially bitcoin. Bitcoin is totally decentralized and governments are working day and night to get some good control over this currency to regulate it in their states.

This is the reason many countries have not yet declared bitcoin legal officially. Governments can control only that currency which they have made.
full member
Activity: 301
Merit: 100
Bitcoin has been banned in some countries but it still grows. In a way, it helps the developed nations, so many countries have adopted it. People can join it even though it becomes illegal because it is completely in the dark and nobody knows you. So Bitcoin will continue to grow despite the hindrance of government and banking
hero member
Activity: 994
Merit: 503
definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
The governments have the power to almost stop everything in this world. If all the governments will be together and convinced all of them to ban bitcoin then it will be the reason for bitcoin to stop working and all of the bitcoin users will undergo to a bankruptcy which is the worst case scenarios in the world of cryptocurrencies.
Unless the Bitcoin's community is threatening the world's economy and the tax of the government, there is no reason to bans Bitcoin if they can tax the Bitcoin's user.
Nowadays, not hard to tax the Bitcoin's user, they can do that through exchange easily because almost exchanges all need to use KYC for verification.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
The governments have the power to almost stop everything in this world. If all the governments will be together and convinced all of them to ban bitcoin then it will be the reason for bitcoin to stop working and all of the bitcoin users will undergo to a bankruptcy which is the worst case scenarios in the world of cryptocurrencies.
full member
Activity: 154
Merit: 100
definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
no they can NOT stop bitcoin.

first of all the government has never had anything against bitcoin. they have always have been against illegal things that is done with it. with bitcoin and any other cryptocurrency. this China ICO drama is the perfect example of what i just said.

secondly nobody can stop bitcoin. things like what happened can temporarily damage the price. and even if all countries announce bitcoin as illegal the price drops and that will be the worst part of it. but it won't kill bitcoin!
thats it!! government can do action against bitcoin or the whole crypto but the
question is WILL TEHY SUCCEED?impossible and not necessary.the only problem about
crypto is the ILLEGAL USE OF FUNDS BY SOME CRIMINAL personalities.but the rest
about bitcoin is helpful to every government and most for the people.so i do believe
that it will never happen or if may,it wont win over this community
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