Topic: Maybe governments can stop bitcoin after all - page 8. (Read 11314 times)
Well, government can't stop bitcoin maybe they regulate it and have taxes. We all know that government do not want decentralized because of their corruption activity. They would stop in other countries but not the whole world.
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 I think not all people who invested in bitcoin are like the people that you are thinking in your mind. Maybe, there are some who are like that especially those greedy and selfish ones. But I don't think that all people will immediately stop just because some are considering it as an illegal kind of making money.
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.
Yes bitcoins can be stopped by governments but they can never destroyed bitcoins because it is a big industry bigger than an individual government and besides icos are been banned because of a lot of scams but bitcoins do not do that because bitcoins are a currency. If all of the countries will ban bitcoins a lot of people will protest about it for it to be back. A lot of big people are involved in this thing and they will never let their business to go down that easily and also a lot of people are dependending their lives into bitcoins so they will probably fight for it.
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.
If that thing would happen, I bet there will be a big rebellion that will happen and a big partition among government and its people will be done due to that disciplinary action brought by the government to evenly stop people on using bitcoin in their everyday life basis. But, if there will be a tough reasoning and proof that bitcoin has been proven to have bad effects on the state of mankind, I think that will be an enough reason why the government will stop the usage of bitcoin in their state or 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 last I heard about the government of my country is that they had set up a committee to look into the Cryptocurrency and know how government can come in to make a proper regulation of it. I don't think they will want to try to stop the blockchain and Cryptocurrency operations for now. They will want to swim in the pool of operations for a while; doing a study to know how it functions fully. The government coming in with the intention to put things in order.
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.
Honestly, they really can. Once the government officials of a particular country passed a law where bitcoin users can go to jail, it will lessen the users of bitcoin within that country. Now, imagine if all countries would do that, then there would be few users of bitcoin, which will lessen it’s value until it becomes worthless.
The very best strategy is to research concerning the gold coin tha you would tike to purchase.And join teams that are traders plus they're planning any pump motor and puts and you may loose or earn.Most of the time you can check yourself and find out the difference when users are most on the internet and when there are other deals.l
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.
I don't think governments would actually "stop" the use of bitcoin. I foresee that they would try to use whatever advantage they have in power to regulate its use or to tax it that would actually have a more positive effect that stopping it. I think that all governments who seek a higher and better revenue with the industries that enter their jurisdiction or market would want to put their hand in the emerging potential of the bitcoin market instead of trashing it altogether by way of prohibitions and bans.
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.
Anyway it's too risky. As practice shows, government can track and find each bitcoin trader and investor, who didn't declare their coins.SO, if each country would ban ICO and cryptocurrencies and invest enough money in control departamets — we all will be under threat of detection. Sad, but it is true.
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.
Anyway it's too risky. As practice shows, government can track and find each bitcoin trader and investor, who didn't declare their coins.SO, if each country would ban ICO and cryptocurrencies and invest enough money in control departamets — we all will be under threat of detection. Sad, but it is true.
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.
I dont think that government can stop bitcoin because bitcpin was a international cryptocurrency that even government cant stop the continuously upgrading, promoting all cryptocurrency just like now many investor was waiting and waiving for the time to invest in any altcoins so that many of users was cant agree to that plan of government.
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.
I dont think that government can stop bitcoin because bitcpin was a international cryptocurrency that even government cant stop the continuously upgrading, promoting all cryptocurrency just like now many investor was waiting and waiving for the time to invest in any altcoins so that many of users was cant agree to that plan of government.
They can and they have the power. If they fine people for using bitcoin and that you could get arrest. Not a lot of people will use it, because sometimes people want no trouble with their government.
If all the country's in the world work together bitcoin would fall to zero in less than a week, because bitcoin needs people otherwise the price would fall down.
If all the country's in the world work together bitcoin would fall to zero in less than a week, because bitcoin needs people otherwise the price would fall down.
Sure it can! Bitcoin is traceable and also miners are a weakness that a government can use to destroy the bitcoin. If a government want to stop it will stop it.
Basically request material have a hard time obtaining the government to stop the bitcoins. Particularly now it's a strong one. And lots of individuals remain faithful into it. And also the only feasible thing to do to have it completely unlawful is that if it's something wrong do. Are going to the example is nov banks. And should this happen they'll most likely stop. But it still cannot be terminated.
actually, no one people get harmed by bitcoin. bitcoin price control by us, by market order.
if someone say they loss because of invest in bitcoin, its their mistake.
government can stop it by banned all site and exchanger in their country
if someone say they loss because of invest in bitcoin, its their mistake.
government can stop it by banned all site and exchanger in their country
At some point, Yes it may happen because when the government is unable to track the transactions and starts facing shortage of funds due to wide usage of Bitcoin it may be a necessary step for government to impose a ban on Bitcoin and sites which help in the transactions of Bitcoin. But as we know Bitcoin is a decentralized currency, so stooping its usage will be a difficult process.
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.
You are saying about the bitcoin ban that is already regualted and legalised in many countries and many of the countries who didn't legalised yet are looking to legalise Because they know exactly that they can make rules to not to use bitcoin but still they can't stop people to use bitcoin transaction with the help of the internet connection. Here in my opinion if bitcoin ban happen in my country then surely I will never sell.my bitcoin Because I know that I am.safe with bitcoin Because the people in the another countries have much demand of the bitcoin where bitcoin is totally legalised. , So what may be the descion by the government of the country , we will still use bitcoin for our profit .
There is a possibility thet government can stop it, but as of this present moment there is nothing seen to require regulation. The bitcoin expert says that the report ends with a cautious note that this could change.
Im totally confused with this kind of topic, because mostly people agree's bitcoins will last because of its features and significant used for everybody, but in my opinion im still worried that if the Government will pursue their best to find ways to counter act bitcoin users because of its uncontrollable issue may be there's possibility to realize. There's a lot of programmers and developers who had amazing skills that could be helpful to do it.
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