Will the governments kill cryptocurrencies - page 23.

Zaidaskin

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Activity: 308

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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?

Such a situation will depend on the agreement between the two parties. A country that wants to implement blockchain system technology needs to have a more mature evaluation, especially the impacts that arise in the future. All not only directly applied, research and deepening takes a long time.

zhangxie29152784

newbie

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I don't think that's possible. I think cryptocurrencies are not only good for investors but also good for organizers.

Now that many governments are embracing cryptocurrencies, many are considering legitimizing their countries' encryption technologies.

Gromx

jr. member

Activity: 280

Merit: 1

I am sure that governments will fight with cryptocurrency for a long time . As long as they can not receive taxes in full and control the sources of profit-there will be no rest for crypto !

kaltar

sr. member

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Merit: 250

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, we don't need to worry about that, because over time, the governments of most developed countries will approve of blockchain technology and encourage the use of cryptocurrencies. Only because of misunderstanding of essence of cryptocurrencies in some countries treat them negatively, but very soon the situation will change for the better.

gusnulyadi

newbie

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I think the government wants to fight Crypto and decentralize, because they don't want to lose their power and control. But on the other hand, cryptocurrency is based on blockchain technology, which is very progressive and advanced. The government understands that they must use this technology to move forward and follow other governments. So they can't ban it.

Bonanzabits

member

Activity: 364

Merit: 21

I do not think that the authorities will kill crypto-currencies, I think they will just put them on a chain, they will hang a fence, well, just in case, they will file the teeth with a file. In simple words, they will be used for political purposes.

Epimetheus

legendary

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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?

Bitcoin is a decentralised currency which means it doesn't under control of any kind of authority or government. It is an independent currency. Many government ban it in their country because of its decentralised nature. A government can ban bitcoin just in their own country and influence other government to ban it. And in this way government can kill bitcoin. Government ban it because of bitcoin's volatile nature which influence an country share market price and produce trouble in their country economy sector.

phm

full member

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Merit: 110

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Quote from: nagasaking on September 02, 2018, 02:46:25 PM

They must delete the entire internet system so that they can "kill" crypto. That's a good thing about decentralization. Even the government will not be able to control it. The best they can do is to regulate certain regulations or laws on this system.

If gov's will want to kill crypto it will be made other methods. In cryptocurrency today exist a big problem - nowhere to pay. And if gov's will stop this way (cash to crypto and back) then it'll be like death

nagasaking

sr. member

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They must delete the entire internet system so that they can "kill" crypto. That's a good thing about decentralization. Even the government will not be able to control it. The best they can do is to regulate certain regulations or laws on this system.

hotforblockchain

member

Activity: 266

Merit: 26

This year we will see big changes in this mater. Why ? Because EU is going to come up with regulations which will most likely will become as ground braker s in this field. A lot of countries are going with strategy- lets wait and see what others will do. Only EU is going forward with new regulations.

marados

member

Activity: 406

Merit: 10

We can see more and more talk about different regulations being active, but this can just benefit cryptocurrencies in long term. Prices might fall but they will pick back up definitely.

bonyaserg

jr. member

Activity: 1876

Merit: 5

I think many countries on the contrary derive good profits from this. And then many will simply lose a very good income. For the crypto currency is a great future.

notlasttrain

member

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Thisis depends about waht counrty we are talking here...some like Russia or Notrh Korea - will do this of course

jekainvestor

sr. member

Activity: 924

Merit: 255

Quote from: active706 on September 02, 2018, 10:29:22 AM

Some governments will continue to fight back, but a lot of wisely countries will accept crypto and integrate it today. A lot of companies invest in crypto and I think crypto will be our future, so we need to support it.

Yes, lots of companies now will implement the blockchain into the working process, and not the private, but the public. I also think that the cryptocurrency is our future.

lily9002

newbie

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Governments are definitely a big obstacle on the cryptocurrencies development, it is something they know they won't be able to control because of it's centralization and that is worrying them.

catterpillar07

member

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Governments just fight against all things, which can make people free for all times. The cryptocurrency is not profitable for government, and they will try to kill it.

deadpool02

newbie

Activity: 88

Merit: 0

Cryptocurrencies are unregulated entities and could not be killed or governed by any government or any such agencies. They can try putting regulations to control ho can participate in crypto but they can never kill cryptocurrencies.

jan.nicolas

full member

Activity: 672

Merit: 100

Until people understand that crypto currency is a great opportunity to be better, it will certainly be best to keep the market with all the forces that are available today, but if they decide to do it then nothing will prevent it from doing so.

Jana Wood

member

Activity: 280

Merit: 10

I think it depends on each country. Despite the fact that many governments are still against crypto currency, I think that sooner or later many of these countries will compromise Grin

daenarys_stormborn

full member

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Merit: 100

in my opinion it is very possible if a country's government will try to eliminate crypto, because crypto tends to be used as cybercrime matters, such as money laundering, drug payments, weapons, prostitution etc.

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