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Topic: Will the governments kill cryptocurrencies - page 51. (Read 7071 times)

newbie
Activity: 295
Merit: 0
They need to kill www, i dont see nay other opportunities to kill decentralized blockchain. They can not even kill Tor or Telegram)) There will be always people who will resist
full member
Activity: 1036
Merit: 109
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 this will not happen. As we know we are in an era where technology is really important. They are maybe against it for now, since they cannot see the real purpose and scope of cryptocurrency. But, once they see it as a good investment and if they see the real purpose of it, they might even be adapting it.
newbie
Activity: 35
Merit: 0
In my opinion, the state should not prohibit the crypto currency. For the state there are a lot of advantages from the crypto currency, they can improve their economy, remove many problems in management, can solve the issue of corruption.
full member
Activity: 700
Merit: 100
Governments kill cryptocurrency through inaction. One of the main problems of cryptocurrencies is the presence of fraudsters. The government's inaction means that the fraudsters go unpunished.
sr. member
Activity: 490
Merit: 250
In my opinion, governments are not able to kill crypto as they don't have any real  access to it as it is a  decentralized system and it can't be fully controlled by one small group of people.
full member
Activity: 434
Merit: 105
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?



It is hard for the government to kill the market and the new tec. But they will make the developmment more difficult. Decentralization is the new tec and the new trend for the world so it will be here and fond the future for itself.
Eventhough a lot of discrimination of crypto by governments still this technology will remain stronger because there are a lot of investors who are willing to support due to the opportunities to earn big than bank community.
full member
Activity: 484
Merit: 101
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?



It is hard for the government to kill the market and the new tec. But they will make the developmment more difficult. Decentralization is the new tec and the new trend for the world so it will be here and fond the future for itself.
newbie
Activity: 98
Merit: 0
In their present form, most likely Yes. In the case of control of the issue of cryptocurrencies by the state, it is not. A separate blockchain of cryptocurrencies will, in any case to implement.
full member
Activity: 335
Merit: 100
Many governments have already  tried to kill cryptocurrency but failed. The main reason for that is huge support of people whi want more freedom with their assets.
member
Activity: 462
Merit: 10
At the moment, there is a decline, then the rise of the market, it is impossible to unequivocally say about the future of the cryptocurrency. There is still more negative than good events. countries that are actively going to meet cryptocurrency can be counted on the fingers, hindering a lot and is still pleased that the main countries support the cryptocurrency, they think and can make the right decision.
member
Activity: 79
Merit: 12
From the recent market feedback, we can see that the impact of the government on the encrypted world is enormous. Although it can not kill encryption, it can be influenced by policies.
newbie
Activity: 104
Merit: 0

In my opinion, governments are in a dual position. On the one hand, officials are afraid of losing their power over the population, since controlling the issue of the national currency, they control many processes. However, the appointment of a real and wise government is to serve the interests of the inhabitants of the country. Blockchain is a very advanced technology that speeds up processes and simplifies many procedures. This leads to a reduction in the consumption of many resources and strengthens the state. Therefore, the reviewing countries have already legalized the crypto-currencies. Anyone who does this first will have an advantage in the next stage.
sr. member
Activity: 392
Merit: 250
The ban on crypto currency can negatively affect the economy, it can provoke an outflow of investments of those investors who are ready to work with crypto-currencies. So it happened in China: many investors left for Japan, Dubai ...
newbie
Activity: 126
Merit: 0
They have no chance at all. Cryptocurrency and blockchain are technologies of the future and free people. Even if the cryptocurrency is banned worldwide the market will still remain. But this is the worst case. At best, we will have a more pleasant and comfortable future.
member
Activity: 196
Merit: 10
Distributed Credit Chain
I think the government will limit decentralization and cryptocurrency.
There is a growing tendency for the government to restrict the entire cryptocurrency market through KYC.
jr. member
Activity: 252
Merit: 1
For my opinion I do not believe the government will kill cryptocurrencies because they have no control with it.The government I think they can do is to get taxes for our transaction.
sr. member
Activity: 644
Merit: 261
The thing government can do is they make the cryptocurrency illegal tender in their country other than that they cannot do anything with the cryptocurrency because it's a decentralized thing and no one can control that

If they restrict the people accessing crypto like what happen in China and declare it illegal to use then they can do it but there are always other ways or means to still have access to it that's why they cannot totally control it since it is decentralized. Some are closing their doors to this technology while others are welcoming it with applicable regulations so that they would still have control of the flow of money.

The fight will last a certain time, but in the end they will understand that to resist this is meaningless. And most importantly, the majority of officials who are in power have already invested in the crypt.

Those who are in power especially the rich people knows that they miss an opportunity when they do not invest in crypto and we know that in the government, there are always powerful families that can influence their decision so if ever these families decide that they wanted to make crypto legal then they would make applicable laws for it. I don't think they will kill crypto especially if other countries are doing good with it.
newbie
Activity: 84
Merit: 0
The thing government can do is they make the cryptocurrency illegal tender in their country other than that they cannot do anything with the cryptocurrency because it's a decentralized thing and no one can control that
newbie
Activity: 126
Merit: 0
it is too unreasonable for the state to deny the cryptocurrency and press it! I believe that the state will try to develop a bill to regulate processes in cryptography.
newbie
Activity: 64
Merit: 0
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.
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