Topic: Will the governments kill cryptocurrencies - page 27. (Read 7071 times)
They've been banned from using Bitcoin. But even though there are still many people who are prohibited from continuing to access the Bitcoin. Crypto is now in my country it's been a lot of people who know and they also try to join. And this is very positive for the development of crypto. With a great many people joined this will make crypto gets bigger.
It is highly unlikely that legislatures can execute digital forms of money, that is the entire explanation behind a decentralized framework in any case, there is no chance to get for one individual to simply reach in and close it down. The most exceedingly bad that they can do is to boycott its utilization however I think at last they will simply build up a compelling method to impose the profit which we get from cryptos.Unfortunately,only a couple of governments favor cryptographic money. A significant number of governments dismiss the nearness of the digital currency.
People in power understand that the crypto-currency industry will not only benefit society, but also harm the financial and economic system of many countries. Thanks to the crypto currency, financial flows between countries can not be controlled and it is impossible to use sanctions as levers of influence. But to influence the progress that is taking place in a world dominated by decentralization theoretically and practically impossible.
The government will not kill the cryptocurrency, it will also kill the cryptocurrency. The cryptocurrency is not controlled by the state and the government. The state can recommend that the majority of citizens stay away from the cryptocurrency or ban the cryptocurrency, but it cannot kill it because the cryptocurrency If there is demand, then he can survive for a long time.
Only a few governments are open to crypto currency. Most state governments still prohibit and block crypto-currency. Governments that still prohibit crypto-currency will continue to refuse to have a crypto-currency. Governments reject crypto-currency with the creation of new laws and policies. These laws and policies can only be restrictive. Even governments can always prohibit crypto currency. In my opinion, this is prohibited, because governments can not control the crypto currency in their country.
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?
Yes, they can do it easily. But for now, I think, governments still do not see the threat from crypto currencies. No one government will allow a crypto instead of their own fiat national currency. 
They will have to erase the whole internet system for them to "kill" crypto. That's the good thing about decentralization. Even governments won't be able to have control over it. The best they can do is to set regulations or certain laws over this system. But we can't be too convenient about this fact because governments are composed of very smart people and we can never tell what they have up in their sleeves.
Some governments are banning cryptocurrencies because some people are using it to perpetuate fraud most especially through ICOs. The blockchain tech and decentralization is a very good feat that every government should start to consider and develop with time.
a country must have their policies in the terms of cryptocurrency. there are countries that can accept it and some are not. I think they must have a reason for that. therefore, as a crypto lover we must be able to obey it and use the cryptocurrency world well so as doesn't make the losses to ourselves and the country.
I don't think so there no reason they kill crypto but thy will block the entering of crypto in the goverment or regulate the using of cryptocurrency.
I feel that if the administration considers it to be a danger as opposed to an open door then I do trust that they will add to the fall of the digital currency. I figure they can't do this by itself since, we do all realize that blockchain innovation is in our grasp or claimed by us and can't be controlled by just a single individual. There has been a ton of positive news encompassing bitcoin enactment as of late. Which governments do you think will make it hard? Most have reported to help the new innovation.
I don't think they will kill them I think they either created them or will co-opt them. Tracking every transaction on a public ledge is a governments ultimate dream. They will be able to track and tax absolutely everything if they can eliminate cash in the process. They will simple crash the fiat system and the sheeple will line up to accept the new savior.
Until now the Government still has not accepted the existence of bitcoin so they try to spread bad news about bitcoin or crypto currencies, so the impact has been felt that the bearish market continues until now.
but the government can't get rid of bitcoin to its roots.
but the government can't get rid of bitcoin to its roots.
Governments really want, all the governments want to kill cryptocurrencies. Because it threatens their dominance, management and absolute power.
But I think they cannot do that, nobody, no organization can kill cryptocurrencies. After all, cryptocurrencies are still there, ALIVE
But I think they cannot do that, nobody, no organization can kill cryptocurrencies. After all, cryptocurrencies are still there, ALIVE
Thus I see that the current Government is starting to show positive response against crypto. even some of the countries also have applied the technology of blockchain in some aspects. and this is supported by his Government.
If the development of cryptocurrencies becomes more massive and makes many people divert to the crypto transaction system, it is certain that it will create new problems, this is what the government feared that it would do everything to make cryptocurrencies disappear.
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?
You could say crypto is the main enemy for the government. money laundry, tax evasion, and other. all can be done with crypto. the government is afraid of crypto legal. they will find it difficult to solve all the financial problems in their country. and they are also afraid of being affected by inflation from rising crypto prices.
The state has numerous motivations to do this, however extends enhance the business will proceed to work and will be fruitful. This is essential for everybody and such undertakings will have the capacity to stay fruitful later on. I like EOT ventures and their objective is to construct a decentralized stage for amusements with the capacity for designers to spend less and gain more. The state will likewise be intrigued, so it is far-fetched that such tasks will be shut
Do not think that governments will kill cryptocurrencies they only want to be part of it and regulating it as they are aware that blockchain adoption becomes more widespread and cryptocurrency markets gain broader following.
Well mate, I think some government are starting to embrace and adopt blockchain and cryptocurrency. Government just want to clarify everything the cryptocurrency. Maybe they will study every factors and create regulation that cryptocurrency will not be used in any illegal transaction.
As long as they get their piece they do not really care... they will regulate enough that they will not kill our spirit.
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