Topic: They will try to stop Bitcoin - page 2. (Read 1208 times)

It is possible that the states of the European Union may, at the request of the Swedish regulatory authorities, decide to ban the mining of those cryptocurrencies that use an energy-consuming proof-of-work algorithm. In any case, the states at the last summit of the G20 countries pledged to dramatically reduce greenhouse gas emissions due to the rapid global climate change on our planet. Considering that states in general do not support cryptocurrency, they will not lose anything because of such a decision.

I think at this stage, no one can stop bitcoin again, it has come to stay and it is going to stay with us forever. It has become part of us already. Elsavador as a country bass adopted bitcoin, so what else

Government needs to throw away this greed of them and allow bitcoin to function open. They already know the benefit of bitcoin. I wonder why they be against what is important and beneficial to the society,  I'm sure some of them are into crypto secretly.

'Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns'
https://news.bitcoin.com/elizabeth-warren-queries-bitcoin-mining-operation-us-senator-says-crypto-miners-raise-environmental-concerns/

in other words they look for loopholes to gain profit by attacking the other side of bitcoin and after getting it will close their eyes and ears so they can relieve their thirst but unfortunately bitcoin is not a factory and company that can be controlled

It's because some of those government officials especially in the higher class are also investors in those said companies and we can't deny that there's some "under-the-table" exchanges in order to renew their business license and continue to operate even if it already defy some laws. This issue are in-fact real even in our country.

Bitcoin on the other hand is new to them ears and it's not beneficial to them, that's why they're finding some potholes or issue within to destroy and take down bitcoin, they also can't sue someone because there's no one who practically owns bitcoin.

We all knew already why they can't blame the large factories and minings of all sorts just like you stated. Those said companies are still standing tall until now because of the fact that they're sanctioned by the government itself. When it comes to that issue, they became deaf and blind.
But when it comes about bitcoin, they're so loud always try and try to take bitcoin down and finding some holes. Why? Because the government itself won't benefit from every transactions, even becoming a middle man of crypto is still impossible.

There have been many attempts to stop Bitcoin, especially those who perceive Bitcoin as a threat to fiat usually often provide misleading information
about Bitcoin. Like some country leaders who say Bitcoin is widely used for illegal activities. In fact, if we think about it carefully, fiat that has been
used for a long time should be used more for illegal activities. Like China, which often spreads FUD about Bitcoin, but fails to stop Bitcoin. In fact,
many projects have been created to replace Bitcoin, until now there is not a single project that can replace Bitcoin. Bitcoin is too strong to stop,
its development is very rapid and I believe people who support Bitcoin will continue to increase.  Finally one by one the parties who oppose Bitcoin
will turn in favor of Bitcoin. Because it will be a loss if someone ignores Bitcoin.

Bitcoin can not be bridged from been successful, the surviver of bitcoin come from people that invest on it with full trust and humanity abd also cryptocurrency as bitcoin is a digital currency that work alone with anyone come in control so the technology for it development is different and is secret to person that invent it only, bitcoin is unstoppable even government can not stop it

Many tried to stop Bitcoin from becoming successful. It didn't work. When it comes to new technologies, there are always people who don't want them to survive. These are the same individuals who are trying to stop Bitcoins. Many countries in the world tried to stop Bitcoin and failed. Bitcoin has been accused of a lot of things. From funding terrorism to money laundering and even using it for criminal purposes, it has not stopped the people from using it.

I think this is just their way to manipulate the price. I think and I know that cryptocurrency will now be part of our life on way or another. I know the government knew that. Especially, Facebook will now change its name to Metaverse. Many companies will follow.

Currently they are no longer a country that has an influence on BTC. There are indeed many supporters and haters. But they don't know how many people have changed for the better economically. How strong the government is for now they are still difficult to stop Bitcoin. Maybe in the future they will make more stringent regulations. They will set up like stock. They will collect taxes for state income. I think this is a better solution than stopping bitcoin development. The world is growing, the government should be able to follow it, not stop it.

I don't understand if this is really happening. But right now I have never heard and read clearly that any government institution buys bitcoin, except for El Salvador. All I know is it's the big crypto-backing companies that bought it. If it's about buying below it is a natural thing, because every price increase there must be a decrease. I've experienced this two times with very sharp declines.

Wrong in this, Chinese government succeeded stopping Bitcoin in their region , but not affecting the whole process because instead of Dumping the price of Bitcoin increases so much high and we can see that making another ATH right after they finally announced their Banning of Bitcoin .
Like what happened back in middle years of Bitcoin ? when government are making negative feeds about bitcoin so they can purchase in much cheaper value?

Indeed, when bitcoin has been reaching its ATH , people have so many things to say and do so that they could stop its growth. But guess what, no matter how hard someone would try to destroy bitcoin, they just can't. Bitcoin already passed the test of time. It has withstood all the bad things thrown at it years back then and was able to survive the pinning down of other countries such as China who kept on trying to bring bitcoin down by imposing banning of anything related to crypto. But instead of totally declining, bitcoin just eventually bounced back after some backslash on its end. It didn't really went downhill and reached rock bottom. It managed to stop the dump and get back on the top like it usually does. You see, bitcoin is a strong coin.

Despite the efforts of declaring bans and such, it will still continue to exist. Bitcoin requires power and energy to be mined and we all know that. Hence, bitcoin mining is often done in areas which has low electricity cost to minimize the cost efficiently and at the same time, they try as much as they can to minimize the power consumption as well. That is why there are places that has been relying now on renewable sources of energy such as using geothermal energy to power the mining of bitcoin. That way, the pollution would be lessened and the power consumption would be minimal, resulting to saving little more portion of the production cost.

Sure, there are alternative ways to mine coins and we know for a fact that miners are already doing that to effectively harvest more positive results as well. I just can't see the point why bother to complain now when it was done all these years. After all, miners are also doing their best to switch from better ways which could impact the planet in less negative manner.

It is indeed who benefits many people but there are part of the world that are not, specially governments and other areas that people are being hindered by decentralization and Volatility .
and that is the reason why there are still faction that wanted to stop bitcoin but it is clearly that they are failing over and over again.
it has been years and years now yet Bitcoin is alive and kicking so in the end of the road they are failure.

What is this, another horror story of Bitcoin being dead? How many times people bury or tried to kill Bitcoin? I guess every quarter someone appear that "will definitely stop or ban Bitcoin". But if I open mempool, it is never empty. Isnt it a proof that Bitcoin can not be stopped ? Countries tries to ban Bitcoin, but dont succeed fully. Banking and law system tries to stop Bitcoin - we see how they fail or cryptocurrency finds a way out.

long ago they have said they want to stop bitcoin in their respective countries like the Chinese government which loudly and loudly rejects the circulation of bitcoin among its people where they openly do this, but they also have not succeeded in stopping bitcoin, they just can stop it by prohibiting the circulation of bitcoin for the people there but can't stop the bitcoin by prohibiting the circulation of bitcoin for the people there but can't stop the bitcoin

Stopping Bitcoin would be a stupid move. It's benefiting people in many ways and will benefit them in the near future as well. Yes, the government can impose any indirect control over transactions, but internally, they can’t impose any regulation on Bitcoin.

yap...they don't really want to stop bitcoin, they invest in it and try to manipulate its price with the bullshit news they create every time the value of bitcoin goes up.  they are drama makers and trying to make big profits from panic sellers.