Will the governments kill cryptocurrencies - page 20.

Jalum

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Quote from: keykey1 on September 05, 2018, 01:11:02 PM

Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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?

They are already slowly killing the crypto currency. Coins do not grow for a long time but are treading in one place and I'm sure it's the government's job.

It would be really tough for the government to just kill crypto because a lot of people are using it already.

Hulh

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Quote from: vasilvas15 on May 12, 2018, 02:56:59 PM

I think that if the citizens are taxed for the crypto currency, then the state will not mind. And while the law is not introduced, they will prohibit.

I think that government wont kill crypytocurrency as long as we pay taxes on time. Instead, government will benefits cryptocurrency once the government officials properly educated about blockchain. Even they are not going to support it , still it will develop and continue dominate in the market.

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Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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?

A Government which is still closing itself to blockchain and crypto decentralization, will open up and utilize this technology. They quietly research and find the right benefits to use. I am sure that all governments will use and utilize this technology in the future.

blazsqd

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Yes, chances are that it can kill cryptocurrency, but it will be very difficult. Because the technology behind cryptocurrency has always been an attraction, well unless the government can make technology more sophisticated.

fing ter

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I think that cryptocurrency not only benefits investors, but also makes profits for the organizers. This means that the government that accepts it will also gain from it. In fact, it needs to be used in many places. These benefits, blockchain can not avoid the cryptocurrency! Because the most mature technology in blockchain now is cryptocurrency!

stiffbud

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Quote from: cryptomoon1003 on May 11, 2018, 02:10:19 PM

i DONT have any reason to believe that governments will kill cryptos... But yes, they surely will do something to remove the scam projects / coins from the ecosystem.

Yes government can kill bitcoin. Every government has the power to stop cryptocurrency trading in their own country, out side the country they cannot ban cryptocurrency actively, but can ban cryptocurrency passively by putting pressure on different country. Government mainly ban it because of its decentralised nature, because of which government doesn't control its production, supply and cannot access the illegal transactions. And Because of this many criminal activities are increase in a country.

salad daging

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Bitcoin To The Moon 📈📈📈

Quote from: lordmick on September 05, 2018, 05:13:17 AM

Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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?

Actually governments are not against blockchain technology. They are against cryptocurrencies, especially governments of the countries with developed and strong monetary policy, because right now adopting of cryptocurrencies to their financial systems can cause damage to the economies of these countries, because of scams, frauds and instability cryptocurrencies. But IMHO in the future, when this sphere becomes more regulated, governments will approve using some strong, stable and developed cryptocurrencies.

I also think that because blockchain technology can actually benefit the country but unfortunately blockchain is always associated with crypto, in fact many countries have not yet approved the crypto for a number of reasons that can harm citizens and even the country and it all happens because there are many frauds in the name of crypto and also blockchain

cryptogeek101

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Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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?

I think it's quite true that some governments of some developed countries have really embrace the decentralized cryptocurrency blockchain while some are still resisting, it's very unfortunate for those countries that are still in the dark era, however i don't thinks government have the capability to kill cryptocurrency.

tranquanghuy

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I think the governments can't kill crypto .Why i said that ? Because i think the crypto community will only grow then there is no chance to kill it. The only way might happen that governments will take them under control. If we will begin to use the coins in every day living, they’ll need to be tax payed.

bobbyjonathan

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I think the governments closing the doors to cryptocurrencies will definitely end up working with them at some point, it is impossible to ban them as they are decentralized schemes.

heelariyanti

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Pragmatic undertakings identified with innovation, for example, EOT (EON)? Me and others essentially need to be put resources into regions of their advantage. I think about how such ventures are against any administration arrangements It doesn't center around limiting the expenses of middle people and against fake segments, so it fits into the necessities without bounds, regardless of whether after the legislature should perceive usefull of it.

keykey1

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Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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?

They are already slowly killing the crypto currency. Coins do not grow for a long time but are treading in one place and I'm sure it's the government's job.

lordmick

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Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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?

Actually governments are not against blockchain technology. They are against cryptocurrencies, especially governments of the countries with developed and strong monetary policy, because right now adopting of cryptocurrencies to their financial systems can cause damage to the economies of these countries, because of scams, frauds and instability cryptocurrencies. But IMHO in the future, when this sphere becomes more regulated, governments will approve using some strong, stable and developed cryptocurrencies.

[email protected]

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It is unlikely that governments are interested in this. Most likely, they will simply find some ways to regulate crypto-currencies. I do not think that they will succeed. It will be necessary to seek compromises, now it is best to wait. The government will definitely find a solution, but for now there is no answer to your question

Roni116

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I think the government doesn't have to do that, because cryptocurrency are not solely for criminal activities, but cryptocurrency can be an income to make the economy better.

Sondale

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Quote from: bibie26 on September 05, 2018, 03:46:35 AM

there is possibilities the government will do that, because some government on some country think crypto was dangerous.

i doubt that you can really gorbid something like that the only thing you can do is forbid to use cryptocurencies in the country but that is all

Sondale

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Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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?

i think taht there is no reason for the government tomkill cryptocurrencies it is impossible in my opinio crhtpocurrency will live

bibie26

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there is possibilities the government will do that, because some government on some country think crypto was dangerous.

tttuida

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IT will not bring them the benefit so no, they will not kill it at all. It will be more profitable to join to it and be the part of this bigger system than they are.

daxiake

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Current situation is just temporary.After some time the government will stop fighting with decentralization and recognize its benefits in many areas. After a few years, cryptocurrencies will be used in most developed countries of the world and they will become familiar to most people.

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