Topic: Why hasn't any government stopped Bitcoin? - page 10. (Read 36251 times)
Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.
At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.
We don't know, maybe these nations have a big plan to control bitcoin for their own good. If one nation can manage or checkmate the bitcoin then it will lead that nation to become more rich and powerful.
in the country of Vietnam. The government has banned the use of Bitcoin since 1.1.2018. If I was found out country I would fine 
I think they don't have reason or seen any illegality in BTC for now with the laws. Maybe there is still investigation going on depending on the government in what country. Some country do not want BTC but some BTC is okey. In my place BTC is free to go. The government just warned us the risk and possibilities.
At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.
I think that initially the government was wrong in assessing bitcoin, now in fact they are beginning to legalize the bitcoin that leads them to have to revise the laws they have made earlier to oppose the legality of bitcoin. In the next few years there will be some countries that will follow in their footsteps, I believe this will be a challenge for countries that still underestimate bitcoin.
I will agree with you.
If the government wanted to stopped Bitcoin,why did not the government stop it long ago.But now why the government seems to have stopped Bitcoin. So it is understood that there was some mistake of the government. I think the government will accept Bitcoin, because now Bitcoin popularity is much more has gone to the stage.Now if you do not want to go Bitcoin can be stopped.
At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.
I think that initially the government was wrong in assessing bitcoin, now in fact they are beginning to legalize the bitcoin that leads them to have to revise the laws they have made earlier to oppose the legality of bitcoin. In the next few years there will be some countries that will follow in their footsteps, I believe this will be a challenge for countries that still underestimate bitcoin.
I will agree with you.
If the government wanted to stopped Bitcoin,why did not the government stop it long ago.But now why the government seems to have stopped Bitcoin. So it is understood that there was some mistake of the government. I think the government will accept Bitcoin, because now Bitcoin popularity is much more has gone to the stage.Now if you do not want to go Bitcoin can be stopped.
The main challenge about regulations is to keep the balance,On one hand In financial services field - Promoting innovations and On the other hand - Protection against these innovations for illegal purposes and the answer is: Is it possible to use it for illegal activities? I always answer no,At least not as in fiat currency is,Because this is available for investigative bodies to investigate cases where users commit a crime by bitcoin and thats why goverments have not stopped bitcoin,In additional,The most important are Human rights wich are directly related to this situation.
At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.
You can't say all nations agree with bitcoin. It is true some nations now did realized the potential of bitcoin as a very useful tool to help their economy grows that is why they adopt and legalized it as long they have it regulated but not at all because still some nations are still against bitcoin in which they stopped the use of it with penalties and punishment because they only see the negative side of it.
They themselves are engaged in the mining of crypto-currency, so do not prohibit it. For people, you can adjust the tax as in Russia there will soon be a law, and the officials will be considered a "gift" to candidates and not be taxed! Clowns.
Bitcoin will not be stop by any government it's because of it's anonymity, bitcoin is like a good virus/malware that cannot be appreciated by government. russia , China, and any other country cannot fully erase bitcoin. If internet network exist then bitcoin will never stop existing and insisting to any protocols. Government will just waste their time trying their best to make bitcoin dissolved.
Its really possible for it to be stopped but would really require super quantum computers which we do know that it isn't available as of now and it would still take time for it to be invented which means bitcoin would able to still exist for longer years as of now.Government cant really do nothing on its existence and it cant be stopped this is why they do only impose laws on their vicinity regarding on the prohibition of using it but totally shutting it down it isn't possible.At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.
Some governments stopped and banned bitcoin in their country and some also continue and acknowledges it also because they may have another good views in bitcoin for the good of their government.
Firstly, it just can't do that. And, secondly, it is suposed that the government does not consider Bitcoin to be an immense threat. It may even see some benefits here as this cryptocurrency can work in everybody's particular interests.
Although government earn nothing from bitcoin this I think would not worthy to be a reasonable one to stop it. Government still concern to its own community and bitcoin is helping it so why would the government stop bitcoin if it is a big help.
Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.
I strongly agreed with you
Bitcoin never stop. It is impossible to stop bitcoin. Government can not stop bitcoin because there really don't have any control of bitcoin. At present many country give permission to bitcoin.
Just to correct you, government has control to stop and ban completely the cypto currencies in any country. They can easily block all such website and have stringent laws if any found using this inspite the ban. So people will differ using this since it is not supported by their government.
Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.
I strongly agreed with you
Bitcoin never stop. It is impossible to stop bitcoin. Government can not stop bitcoin because there really don't have any control of bitcoin. At present many country give permission to bitcoin.
Just to correct you, government has control to stop and ban completely the cypto currencies in any country. They can easily block all such website and have stringent laws if any found using this inspite the ban. So people will differ using this since it is not supported by their government.
Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.
I strongly agreed with you
Bitcoin never stop. It is impossible to stop bitcoin. Government can not stop bitcoin because there really don't have any control of bitcoin. At present many country give permission to bitcoin.
Just to correct you, government has control to stop and ban completely the cypto currencies in any country. They can easily block all such website and have stringent laws if any found using this inspite the ban. So people will differ using this since it is not supported by their government.
bitcoin is virtual money.and government not control the virtual money and volume. so i think government can not stop bitcoin.bitcoin stop never easy.
Maybe the government is re-thinking to stop bitcoin. The government should evaluate the impact of closing the bitcoin. Whether it will be profitable, or it will get worse.
It depends on the country's government if they will ban the bitcoin. But most of the illegal transactions are on bitcoin I guess.
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