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Topic: Will the governments kill cryptocurrencies - page 56. (Read 7071 times)

full member
Activity: 340
Merit: 100
idap.io
I think not all countries will kill or weaken cryptocurrency, I see some countries are very supportive and follow to adopt technology blockhain and cryptocurrency
member
Activity: 392
Merit: 10
Ccfound
cryptocurrencies are very high technology asset with many advantages provide for their users. as we know the concept of blockchain in cryptocurrencies is transparency, lack of fraud, decentralized and safe. the goverment especially in my country will always push investors to invest their money in bank asset, and media always blowing the cryptocurrency's news negativity, and they push every fintech company to always develop their product to eliminate people's interest into crypto investment. but it will always no way to kill cryptocurrencies
newbie
Activity: 182
Merit: 0
In my country, Bitcoin is not welcome, from the beginning until now. But it does not mean that it will kill the cryptocurrencies. The number of participants at this time is not small.
member
Activity: 200
Merit: 10
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 do not think the government can kill cryptocurrency. Governments can issue rules to manage crypto, but they can not ban crypto. cryptocurrency is a new market, it is widely spread throughout the world. It gives us many benefits as in the future we will have a more advanced payment system. many countries in the world have adopted and used crypto. Some other countries think that crypto is a threat to their economy. I hope that in the future the cryptocurrency market will grow stronger and more countries will accept crypto.
full member
Activity: 361
Merit: 106
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 government can kill cryptocurrency. Not every government hate or disagree with cryptocurrencies  progress. Mainly developing countries government doesn't like cryptocurrency because it affects their country economy growth. Governments is the Controller of any country and government have power to ban cryptocurrency in their country. Cryptocurrency are ban because of their Decentralised nature. Chinese government ban bitcoin in their country because it affects their country own currency and like this many other government ban cryptocurrency for this reason. If a government ban crypto currency in their country means their is no way to convert cryptocurrency into that country real currency and their is no possibility of mining cryptocurrency in that country.  Smiley
some community that governments lead on they just want some protections against on some bad may ever happen for what they have to dependency on , scammers and criminals things to do are every where and in this currency it is more to happen here.
member
Activity: 252
Merit: 10
The government will fight with the crypto currency until they see in this invention is safe. But then it will be too late.
member
Activity: 210
Merit: 11
Do governments really make these statements, or some news sites make false news in exchange for money? Those who want to manipulate the market may have fake news.
newbie
Activity: 196
Merit: 0
If I think it depends on the provisions of each, because the constitution of each country is different, so there is support and some want to destroy the crypto.
newbie
Activity: 127
Merit: 0
It is unlikely that they will be able to impose a ban on the government, if only in some individual States, the technology is widely popular
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
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!
Thats the problem about many of us,we are gaining money here but if talking about taxes were always hiding and hating the idea,isnt it our obligation to pay tax in everything that we will profiting?but afraid when their country banned crypto,why are you people like this,be considerate
newbie
Activity: 100
Merit: 0
I don't think that the government can kill cryptocurrency especially now that it has advantages in our daily life. Maybe they can ban it like other country do but they can never kill crypto
newbie
Activity: 149
Merit: 0
Why would they do this? Many people from the government today use cryptocurrencies themselves. Almost all deputies in our country have savings in bitcoin.
copper member
Activity: 1162
Merit: 1025
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 government can kill cryptocurrency. Not every government hate or disagree with cryptocurrencies  progress. Mainly developing countries government doesn't like cryptocurrency because it affects their country economy growth. Governments is the Controller of any country and government have power to ban cryptocurrency in their country. Cryptocurrency are ban because of their Decentralised nature. Chinese government ban bitcoin in their country because it affects their country own currency and like this many other government ban cryptocurrency for this reason. If a government ban crypto currency in their country means their is no way to convert cryptocurrency into that country real currency and their is no possibility of mining cryptocurrency in that country.  Smiley
full member
Activity: 434
Merit: 104
Esport Ecosystem
I thought even if the goverments are going to kill cryptocurrency it will not make cryptocurrency die, since internet are still a live there are so many option to access this technology. when the goverments are banned some coin, we still can use this using VPN or something. dont be scare about it cause there will be a ways if internet are still alive.
newbie
Activity: 19
Merit: 0
If you equate tokens to shares, then you can take taxes from the holders of the tokens, this will lead to the replenishment of the state budget. In this case, no one will close anything. However, this will not work with coins. Wink
jr. member
Activity: 224
Merit: 1
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
member
Activity: 364
Merit: 10
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?



Governments are still trying to understand the nature of the crypto currency, classify it and try to use it in their own interests. This process is lengthy and on its outcome will depend on how each state or group of states will act in the future. Now while each state solves these questions in its own way. Most states are positive about crypto currency and especially its technology blockchein. I think that this will happen in the future.
full member
Activity: 294
Merit: 100
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.
newbie
Activity: 70
Merit: 0
One day governments will create some international coin that will be used in entire world instead of bitcoin. That's inevitably
sr. member
Activity: 630
Merit: 250
I think it is too late for governments to kill cryptocurrencies as currently we have reached a point where the crypto market is too big for it to vanish just like that. In the end the governments will have to accept crypto currencies to avoid missing out on the revenues that they could earn from the crypto transactions.
They are not getting any revenue from crypto transactions that's why our governments are not supporting cryptocurrency. suppose if they manage to control crypto transactions then they must accept cryptocurrency.
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