Topic: Will the governments kill cryptocurrencies (Read 7039 times)
This is a backward problem. If the cryptocurrency can be killed, the current bitcoin has long since disappeared. No one can kill the cryptocurrency, nor can the quantum computer kill the cryptocurrency. You don't have to worry about the security of the blockchain.
Na, they can do everything but they cant shut down Cryptocurrency its like finding a needle in a hectare of grass you just cant simply do that and people now a days are accepting new technology rather than sanctioning it. what we are just seeing now is they want legitimacy cause they want to protect those people from getting rekt or much worst, cause honestly Price swing in Cryptocurrency is to much for others and it get manipulated real fast even with just a FUD it swing 10-20% or more. even for me those move get me stress at first tho luckly i was at bull market when those thing happens
Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?
Governments do cryptocurrency wary and with great distrust. Cryptocurrency in general, the government does not need. Therefore, it can legalize it, but it will not actively support a cryptocurrency. Over time, governments will certainly try to regulate the circulation of cryptocurrency more as difficulties arise between it and the cryptocurrency. It is still difficult to predict how such forced cooperation between governments and cryptocurrency will end, everything will depend on how the cryptocurrency will behave and how much it will be used by citizens in the legal field.
They would have if they could. But as they can't, they need to work around to live with it.
Government can make it harder to maintain any monetarily value of a coin by restricting it's cashout.
But the people in general are killing infant crypto themselves.
Government can make it harder to maintain any monetarily value of a coin by restricting it's cashout.
But the people in general are killing infant crypto themselves.
It might sound like conspiracy theory but I really think so. The governments of biggest countries are trying wipe crypto technology from the face of Earth.
In the future, if the cryptocurrency market gets worse and is used for more criminal channels, then the market is likely to be disrupted by the government and banned!
That's an interesting prediction. What about the rest of the citizens who are not criminals? We are the majority, and governments also know about the advantages of crypto technologies, so they won't kill crypto because of crime. Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?
We will see resistance from some governments for a long time. But I am sure that the majority of the most successful states will actively use the crypto market technologies and will start investing money in this direction, given the important advantages for profitable transactions and the development of digital society.
Of course blockchain technologies are very interesting for lots of people who want to be strongly secured and protected from frauds and manipulations, and who wants to see clear processes in different directions of our lives. And too many organizations will loose their authority and become useless in case blockchain becomes the real part of our lives. So to my mind different governments are interested in the forbidden of blockhain. But will see.
Anything can happen, and the regulation of cryptocurrency on the state side is not the best development of a cryptocurrency and cryptocurrency, cryptocurrency will no longer be decentralized.
It seems to me that they have already killed .... 
After all the propaganda of last year, which caused the first crash, then speculation and panic were added.
I do not know, the next step will be to get everything to zero ...
After all the propaganda of last year, which caused the first crash, then speculation and panic were added.
I do not know, the next step will be to get everything to zero ...
I think that the government will not be able to kill the cryptocurrency. It seems to me that a cryptocurrency can develop its own way.
anyway cryptocurrencies stay in our life. And i dont think that governments will kill it. Most big holder of cryptocurrencies are from government. so they interesting that cryptomarket feel good)))
It seems to me that most government bodies do not like cryptocurrency because they cannot control it. But I believe that the cryptocurrency will actively develop in the coming years.
Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?
Some countries are closing their doors to cryptocurrencies because they still aren’t aware what they are for and how to regulate them, so it’s always easier just to say no. I think as the more time pass and crypto slowly gets more adoption, we will see many more countries trying to regulate them in proper way and make a good use of them. There is a great technology behind crypto and they can’t take that away from us, it’s the technology of future for sure.
The resistance and the hostile attitude of some government officials against is such that won't stand the test of time at all. No way will the world be moving toward this direction and any countryw will want to miss out.. It's then for a short while.
Despite resistance from some governments, robust cryptocurrencies are becoming increasingly popular and common. I believe that over time, the total number of countries working with different prospective cryptocurrencies will steadily increase.
I don't think so, Government will not kill Cryptocurrency as I see in progress of it's growing community and a helpful way to the people to make the economy grow with this. And I think some of the country that are growing fast with a growing technology in their country I can say they are adopting Cryptocurrency by now.
In any case, some governments will struggle with the development and implementation of promising cryptocurrencies. But most countries will be able to see the benefits and advantages of cryptography. Therefore, they will actively introduce the features and benefits of reliable coins.
Our leaders are very interested in cryptocurrencies. But on the other hand they don't understand this high-technological sphere. That is why the legislative regulation of crypto area is very controversial. There are a lot of user's doubts about
Blockchain is the main application of the Internet in the future, so the government can't close the blockchain, but they may turn off the cryptocurrency because the government has its own legal currency!
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