Topic: Why government Don't kill btc? - page 3. (Read 1942 times)
It is theoretically possible to completely ban btc, but it is actually impossible. For example, most of the international bans, there are always some small countries or institutions because of their interests, so that capital will flow into these few countries, and other countries will see If there are benefits to be taken up, they will naturally keep up. Just like most countries ban the development of atomic bombs, but some countries will do it. Another example is the prohibition of drugs in the world, but drugs are still rampant.
What is Stopping?
Why government Don't kill btc?
Why They protecting the btc?
Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
Why government Don't kill btc?
Why They protecting the btc?
Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
Bitcoin exists on the internet and the government wants to kill Bitcoin then they will have to kill the internet too.
Bitcoin is decentralized so it is not controlled by any authority.
The government has put in place regulations to kill Bitcoin but they won't be able to because Bitcoin is everywhere in the world.
The government can only release bad news and scare people into selling off Bitcoin. It remains unclear whether any government is quietly hoarding Bitcoin.
Government can't kill bitcoin because government has no full control in bitcoin because bitcoin is a decentralized digital currency. Also, maybe you have a point, maybe government officials own also a bitcoin secretly for their own or they invest into bitcoin to support the economic financial system because they know bitcoin is a good investment nowadays. Nobody know! But the important is we are free to use bitcoin and other crypto currency.
A government can come up with rules and regulations that it could make things difficult for a user. If they force the exchanges to shut their doors and ask the credit card companies to never deal with cryptocurrency then it will be difficult to make trade normally and any government could enforce these rules and if they declare huge punishments then who is going to take that risk. So it is possible that a government could make restrictions. 
In case a government isn't grasping bitcoin, they can as it were kick against it in their claim nation, they cannot halt it in other nations, bitcoin has come to remain. This is true government and central banks will try hard to stop BTC but unfortunately they cant,Theycannot indeed completely annihilate it, on the off chance that as it were they will control the web from finger tips.Bitcoin is decentralized and its own Bank,people must learn to adopt BTC because in future they will need it.
Governments can neither kill nor protect Bitcoin. Bitcoin is decentralized and uncontrolled, so no government can stop it, it's impossible.
I wanted to ask, from where did you get all your claims OP? As what I know, Government isn't really killing BTC, they don't have direct control over it. They also not protecting BTC, it is just that, they don't have any power over it when it comes to dictating what BTC should behave or to somehow impose a regulation to the Bitcoin Network itself. Bitcoin will work without them, and wayback before, it has been an issue already, but since they couldn't do anything about it, I see that the government is the one who needs to adjust for Bitcoin and cryptocurrency. They are now imposing regulations outside of the blockchain in order to somehow regulate their people.
Honestly, the government does not kill BTC because it does not have the power to kill. BTC is a decentralized currency, with no government control over it. Already, several countries around the world have legalized BTC, which is playing a huge role in their economies. In my own country, BTC has not yet been officially recognized, so we are not able to use it publicly. The government has not been able to stop the use of BTC. The number of its users is increasing day by day.
The government cannot do killing bitcoin in the first place they have no control to it because it's decentralized, they can only enforce banned in other countries, but not worldwide. In other countries it may be seen as an opportunity for their citizens to help with their financial problems especially in times of crisis and pandemic.
It is not easy to stop bitcoin, it's just that the government can prevent it by using the rules that apply to each country, but over time several countries have started to become interested in bitcoin because of the benefits it can get.
Of course, one of them is that with this decentralized system, several countries have started to make their own digital currencies by preventing a recession that can happen at any time.
the government is unlikely to kill Bitcoin, because I believe the government has recognized Bitcoin with all its technology but in my opinion the government has not been able to make regulations to fully accept Bitcoin and is still afraid Bitcoin will replace Fiat money.
Somehow the government acknowledge Bitcoin as a helpful means of financial status of the community. They know that Bitcoin is volatile at the same time meaningful to everyone who earn enough and provide their daily needs. So the government is against to bitcoin but not against to profit. Therefore Bitcoin will not be killed by government now and tomorrows.
The Government could never kill Bitcoin because of its decentralized form. However, Government could stop it, but how? Government could easily make fuzz about it, spreading bad news about it, making banks prevent their customers to buy Bitcoin using their bank accounts, and anything that could make people stop using Bitcoin. But still, Bitcoin would still exist, it would just stop being use on a certain country that hates Bitcoin that much.
The funny thing is that no matter how they hate Bitcoin, it's innovative function will make them change their minds and starts to adopt it as well like the countries did in the amidst pandemic. "What doesn't kill you makes you stronger"
The funny thing is that no matter how they hate Bitcoin, it's innovative function will make them change their minds and starts to adopt it as well like the countries did in the amidst pandemic. "What doesn't kill you makes you stronger"
What is Stopping?
Why government Don't kill btc?
Because they couldn't kill it nor stop it they could only ban it but do you think that's enough to make the people leave crypto?Why government Don't kill btc?
Why They protecting the btc?
They aren't protecting it I think they are neutral or it depends on which country because there are some who doesn't like it.What is Stopping?
Its Becouse They own Secretly btc?
We couldn't clarify it but we could just assume that this is true after all who wouldn't want to get in on it,Its Becouse They own Secretly btc?
Who wants to be left behind so I think that they also have a secret investment on crypto not just on Bitcoin.
As we all know that Bitcoin is a decentralized crypto currency and Government is not able to kill or stop the bitcoin. Specifically some countries tries to stop uses of bitcoin in their country but crypto users are still with it continuously living with the crypto.
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What is Stopping?
Why government Don't kill btc?
Why They protecting the btc?
Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
BTC does not have a head office and BTC does not have an organizational structure like a company. The government cannot have the right to stop the BTC, because this is not their authority. the government only has rules about bitcoin for its own country Why government Don't kill btc?
Why They protecting the btc?
Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
What is Stopping?
Why government Don't kill btc?
Why They protecting the btc?
Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
Why government Don't kill btc?
Why They protecting the btc?
Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
Government can't kill bitcoin because government has no full control in bitcoin because bitcoin is a decentralized digital currency. Also, maybe you have a point, maybe government officials own also a bitcoin secretly for their own or they invest into bitcoin to support the economic financial system because they know bitcoin is a good investment nowadays. Nobody know! But the important is we are free to use bitcoin and other crypto currency.
Because indeed in some countries Bitcoin is starting to be glimpsed by the government and some have even legalized it. Most likely this will also be followed by other countries. After all, this crypto is an independent system. So it will not be possible for the government to be able to kill crypto.
That's right, crypto can never kill, let alone die, we all know how crypto currency works,
obviously crypto currency is not like fiat currency, crypto does not need a state or regulation,
and this is what makes Bitcoin even more attractive.
There are good and bad sides to BTC as well as the blockchain. there are so many reasons not to kill BTC. one is, the bitcoin network can be used for government systems. like the financial system. ledger notes. and today bitcoin has become a digital commodity. and nothing seems to stop bitcoin. except the internet network. because basically bitcoin runs on a decentralized network. neither person nor institution is the center of the bitcoin system.
What is Stopping?
Why government Don't kill btc?
Why They protecting the btc?
Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
Why government Don't kill btc?
Why They protecting the btc?
Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
even some platforms that should be bitcoin rivals are also now working with bitcoin is so interesting because bitcoin was previously widely considered a bubble and garbage is now an important part of the digital world, even platforms such as paypal can now make withdrawals as well as buy and sell bitcoin.
By now I would imagine most governments know they can't kill Bitcoin. They have already hampered it's progress with KYC and other nonsense regulation that prevents it from being adopted on a much larger scale. Through surveillance and AML/KYC compliance they can still control to a certain extent how people are able to use it.
There are also governments which have been sanctioned by the United States and they find it useful at circumventing restrictions.
There are also governments which have been sanctioned by the United States and they find it useful at circumventing restrictions.
What is Stopping?
No one or nothing stopping them.Why government Don't kill btc?
Because they can't not unless the whole world will stand as one and decide to ban the usage of Bitcoin and close all exchanges in the world,then maybe little by little this will die,but very impossible to happen because never that will happen about the world will decide as one specially in something that others believe that it is Helpful like Bitcoin.Why They protecting the btc?
Nope no government is broadcasting their full support for bitcoin though there are some country that let this operate in their areas.Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
Either Government is owning Bitcoin secretly or not,it doesnt matter because still World will decide about what crypto future is. Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
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