Topic: Will the governments kill cryptocurrencies - page 49. (Read 7071 times)
Cryptocurrencies and blockchain currently are attractive to the governements overall. But it is clear that government seeks to make cryptomarket and their users more transparent for itself.
The government does not have the ability to kill cryptocurrencies. They will only embrace cryptocurrencies or issue their own coins. But they can't oversee the cryptocurrency.
actually what makes this happen is a loss or risk is high enough and other negative things that arise from cryptocurrency can not be dammed. I often think too. whether there is no system that can fix it all.
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?
There are indeed some countries whose governments hate the development of cryptocurrency and even try many ways to kill cryptocurrency. But I still believe that cryptocurrency will continue to survive under any circumstances. And I still believe that one day all the countries of the world will receive crypto 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?
In different countries we have different governments and in different governments they have different goals in own country so it means if the governments think that crypto can compete on their businesses they banned crypto. You are lucky if your country is free to used crypto or bitcoin in paying things.
Well I don't think so that government will kill cryptocurrencies because it has no reason to do so. Now a days , many countries start accepting cryptocurrency and government will collect huge amount of taxes from this and economy of the country will be more stronger.
Cryptocurrency is beginning to indirectly impact traditional exchanges, too. Interest in cryptocurrency and the Blockchain is high enough that any mention of these technologies can cause a surge in share price. The US Securities and Exchange Commission (SEC) has warned that companies simply appending the word "Blockchain" to their names in order to dine out on investor interest will find themselves swiftly on the watchdog's radar. SO, regulations not termination is apparent.
There will not be, blockchain technology or similar technology will replace the money we are accustomed to, it just takes time.
Blockchain technology is likely to be accepted by governments rather than not. At least her business will be guaranteed. But do crypto-currencies as means of payment in any of the States is inconvenient and not profitable.
Developing countries often organize the presence of cryptocurrency. So there's a great possibility that some countries rejected and ban crypto can not penetrate what their steps to break down the cryptocurrency. They can regulate and slow down the growth but they can not totally stop it because of the technologies used which are hard to disrupt called blockchain.
I think that they have such an idea and they very seriously discussed it before they realized that they themselves can very well make money on this. But now many countries have begun to prohibit the turnover of crypto-currencies.
I don't think that governments can kill cryptocurrency, but they definitely can slow down its growth. When people make their financial transactions with the help of crypto, they deprive government from total controll over nation's money.
I don't think so, governments could find some benefits from the decentralization that the use of crypto represents, so they may regulate cryptos but not kill them, plus, cryptos are becoming accessible to everyone in the world, so it would be very difficult if they try it
I can categorically tell you that government cannot do anything to kill cryptocurrency the only thing government of different countries can do is to regulate the industry and nothing more than regulation.
Unfortunately,only a few governments approve cryptocurrency. Many of governments reject the presence of the cryptocurrency. They are creating laws and policies to ban it. But I am sure that one day the governments will give legal status to cryptocurrency.
nope
But trading will become harder due to volume and capitalization
making 3% in a month will be WOW
Whaletank club
But trading will become harder due to volume and capitalization
making 3% in a month will be WOW
Whaletank club
The government has started to take measures to control electronic money. This control has many reasons:
- Limiting market volatility
- Control of projects, anti-phishing
- Control the purpose of users of electronic money
- Collecting taxes to build the country ...
The codification of the financial industry will make the society grow. So in the future, governments will support and view digital money as a legitimate currency in every country.
- Limiting market volatility
- Control of projects, anti-phishing
- Control the purpose of users of electronic money
- Collecting taxes to build the country ...
The codification of the financial industry will make the society grow. So in the future, governments will support and view digital money as a legitimate currency in every 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?
Well, it looks like some governments are doing everything they can to cut down crypto or at least crypto exchanges. But on the other hand, blockchain technologies seems to spread and are started being used by some of the biggest companies.
Despite the fact that governmental authorities some countries are still head bent about not allowing the incursion/blossoming of blockchain technology, I believe sooner or later many of these countries will definitely still come to embrace. Looking at some things that eventually becomes generally accepted every where, we can actually discern that some of it faced even stiffer challengers than what the crypto world is facing right now. We just need time.
There is no way that governments can kill cryptocurrencies, that is the whole reason for a decentralized system in the first place, there is no way for one person to just reach in and shut it down. The worst that they can do is to ban its use but I think in the end they will just develop an effective way to tax the earnings which we get from cryptos.
Jump to: