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Topic: Will the governments kill cryptocurrencies - page 52. (Read 7071 times)

newbie
Activity: 30
Merit: 0
I don't think they can. I think China tried and to a lesser extent Russia (Putin recently said that it is impossible for nation states to have their own cryptocurrency). China found out that is impossible to kill off all crypto currency trade even with a outright ban. I think if governments could kill off cryptocurrency or control it they would have. This applies, even more so, to privacy orientated cryptocurrencies such as DAPS and Monero. I think the reality is that world governments (and the international power brokers) know they cannot kill or have a huge amount of control over crypto. They have to live with it, adapt, and embrace it ( some grudgingly)
newbie
Activity: 48
Merit: 0
how can crypto be killed when it can be generated without much energy? masternode or staking, you dont need GPU
full member
Activity: 378
Merit: 100
The Premier Digital Asset Management Ecosystem
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.
member
Activity: 167
Merit: 10
Not yet, but no one can guarante the future, maybe yes, maybe no, that's depend
newbie
Activity: 112
Merit: 0
How and why would the government have the power to close it down? If only they can close means of communication.
Remember all this is going global through wide means of communication and I don't see it stopping but growing wider.
Let's all have the positive mind about coin world. We all in this together. Money laundry has been before crypto so it's not a genuine excuse to me at all. 
full member
Activity: 532
Merit: 165
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?



We in Russia since July 1 make an amendment to the tax law. Now for any suspicious transaction (rubles on the card) tax will strictly observe. If we can not document that this is not income, and say the transfer of any debt, they take almost half of the transferred amount
member
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
I don't think government can kill or stop cryptocurrency. Be cause they  don't have a n influencve or It.  Tho cryptos still need a little bit of regulations.
jr. member
Activity: 168
Merit: 1
I don't think so, latest news about cryptocurrency show us that the governments will have to adapt themselves into cryptocurrency. For example Soros is getting into cryptocurrency business and there should be something behind this and i don't think governments will resist cryptocurrency and blockchain technology.
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: 588
Merit: 101
If they somehow benefit from  it and people don't go unfollowing the laws on money laundering, I dont think they will hinder it.

Always remember to pay taxes boys! Cheesy You and your country will surely benefit from it anyways!

It will be extremely difficult, almost impossible for the governments to kill the cryptocurrencies. Honestly, I think that they are not interested in it. They can start taking huge taxes for trading and mining.
newbie
Activity: 93
Merit: 0
Goverments cant destroy cryptocurrency.  Yes some governments ban cryto transactions but on the other hand some goverments are supporting it.
It would be impossible to detroy or stop cryptocurrency.
sr. member
Activity: 574
Merit: 250

Governments will not be able to kill cryptocurrencies, but some of them will try to derive their benefits from the Cryptocurrency. They will impose sanctions, collect taxes and so on. But this is the internet, and without the control of the internet, they cannot control cryptocurrencies.
newbie
Activity: 84
Merit: 0
In some country, the governments will kill cryptocurrencies
newbie
Activity: 98
Merit: 0
They'll probably try. But I bet they can't close cryptos cause some are already embracing it.
full member
Activity: 364
Merit: 106
ONe Social Network.
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 cant kill whats impossible to control...thats the point of crypto..decentralized money thats not controlled by big central banks
member
Activity: 210
Merit: 11
Governments can make tax gates through legal arrangements. I don't think it's in the government, but other big speculators will kill the crypto.
jr. member
Activity: 168
Merit: 3
HI, they will never kill crypto market as they invest money in it, the only thing they do is to influence it, very then and now, they say: "we are going to stop the crypto market with law" and the market dump, they invest and make profits
newbie
Activity: 53
Merit: 0
I think this is impossible. 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!
full member
Activity: 406
Merit: 100
If such an event depends on an agreement between the government and the people of a country because to implement the blockchain system there needs to be some more mature evaluation, especially the impacts that arise in the future.
full member
Activity: 462
Merit: 100
It is possible, of course, as in China, to ban almost everything related to cryptocurrencies. The truth remains an open question - if you close your eyes, will what they see disappear?
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