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Topic: Will the governments kill cryptocurrencies - page 59. (Read 7071 times)

newbie
Activity: 177
Merit: 0
Governments may or may not kill crypt depending on their policies on virtual coins, policies vary from country to country some  Like Germany Japan, Sweden, among others countries have embraced crypto and has  legalized their transaction within their territories, some has however not been so friendly to crypto, if these governments however come together and decide on one thing then they can eliminate crypto, thats however not currently vey possible as there is a considerable number of
newbie
Activity: 266
Merit: 0
No Government can kill the cryptocurrencies it runs on decentralized network peer to peer so either government can use the blockchain technology or else regulate the crypto currency trading and tax the coins
newbie
Activity: 182
Merit: 0
Its a strange situation for real, some goverments are seeing the good this can make, the others are just buffled with bad things that comes out of this. But one thing is for sure, we need to keep working hard and the crypto will be there for a long time
full member
Activity: 378
Merit: 100
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 don't think the government  of this world can kill cryptocurrency .. theyll  just have to deal with it if they don't like it.. the people do
jr. member
Activity: 448
Merit: 1
Maybe so, but I think that they are also interested in this, because now there are a lot of people who are not supporters of different decisions that are adopted at the level of legislation, I think that they should still be more flexible
legendary
Activity: 1176
Merit: 1024
I think for governments in countries that deny the existence of crypto will fight cryptocurrency, but they (the government) who agree with crypto will embrace and fully support cryptocurrency and will even develop cryptocurrency in their country.
They may want to fight it but they will just end up giving up anyway because they are going to be like minority in the midst of majority where the majority are accepting and regulating it, they will just be so far behind that even their own citizens will start looking for better options to live to and enjoy their crypto earnings as who would want to be stuck with a government that has chosen to be backward when there is so much to derive from the future by being a part of it now.
full member
Activity: 728
Merit: 101
I think yes, of course it can be, the government can do anything if they do intend to shut down crypto, because crypto is always considered a threat to the state's finances, imagine if everyone keeps their money in the form of crypto and no longer save money on bank, it will lose huge state tax revenues
newbie
Activity: 252
Merit: 0
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?



for those who forbid the answer yes because they think crypto will kill their financial system, but for those who support the answer of course not.
newbie
Activity: 252
Merit: 0
I think they will, because it turns out that this is an uncontrolled financial territory: taxes are not collected, to track who to whom and for what the transfer was made - it is impossible, the turnover is growing. In the end, governments lose a lot of money. Extremely not profitable. Therefore, I think that there will be only a tightening.
sr. member
Activity: 896
Merit: 251
It's too late to kill cryptocurrencies. They are already way too popular. Governments will try to regulate it. This is the most they can do.
Do you actually think that it's so hard? And popularity may interfere if crypto will threaten their existence? Comprehensive measures for destruction were not even undertaken. Only words and bla-bla now
hero member
Activity: 3080
Merit: 603
Do you think governments will continue to fight back against cryptocurrencies and decentralization?
What they will get if they will continue to fight back against cryptocurrencies? They'll got nothing but the only advantage is they are assuring to protect the financing system that is existing to them. Protecting banks is a government's duty but if there is something that can be competitive and can be a source of blood(tax profit) for the government, they'll open their doors. There's so much hate on crypto's for few countries but look on how many are accepting and adopting it.
newbie
Activity: 44
Merit: 0
It's too late to kill cryptocurrencies. They are already way too popular. Governments will try to regulate it. This is the most they can do.
newbie
Activity: 112
Merit: 0
I believe the government is threatened that this technology will be used for illegal transactions like drug transactions. Moreover, crypto is being used also for fraudulent acts like scam ICOs. I think, the government is open to this technology but they need to settle first on how to minimize such illegal acts. And what are the necessary actions to be in place so that these illegal acts will be caught.
sr. member
Activity: 896
Merit: 251
Nothing happens, guys. Governments can control all our money if they will want. There is a huge count of methods and possibilities. But if it does not happen then it's mean govs don't want such. relax and get plague on hold/trade
hero member
Activity: 924
Merit: 500
Why do I think encryption will kill the government and form an anarchic world? Who can say clearly about the future? I reckon this is possible. Is there no place to implement it now?
the government can't kill the cryptocurrency easily, but it is possible to kill. if l government and countries are think about the banning of the cryptocurrency in all countries I think in this way,they beat the cryptocurrency so no one use it because it is banned. but if not all countries agree then it is still continue spread in the world
full member
Activity: 798
Merit: 101
Why do I think encryption will kill the government and form an anarchic world? Who can say clearly about the future? I reckon this is possible. Is there no place to implement it now?
full member
Activity: 532
Merit: 100
government don't hate cryptocurrency it just that it is use illegally by others and also no tax go to them. what if all use cryptocurrency? government will have no money to use and it will start to crumble. in my country they allow cyrptocurrency and they regulate local exchange site and allow only a few of them.
jr. member
Activity: 196
Merit: 1
the most important thing for the government actually is we have to pay taxes. If we pay taxes wisely, then the government will also allow it. Therefore, do not be late to pay taxes. Actually in my heart was afraid, if only this crypto will eventually die because of the harsh ban from the government. But while there is still a chance, it's good we use it as well as possible,
member
Activity: 406
Merit: 10
https://www.bitc2.org/

I think we do not need the opinions of all countries, the main thing is that many developed countries will accept this, and then eventually pull themselves together. I think everything will be fine and the cryptocurrency has a bright future !!!
jr. member
Activity: 224
Merit: 2
I think that the government will create their coins that they can control
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