Will the governments kill cryptocurrencies - page 60.

Anzal RK

member

Activity: 420

Merit: 10

Hmm.. i think is not true Huh

yeah i know some county is block and baned a crypro and the reason is to safe that country.
But, look slowly but right a little county is ready to recave the crypto and the future.
And look every day the people is going up and interesting to crypto.
This is the bigin of crypro and will be so long to be changer of the world.
I think like that.

fetokun

full member

Activity: 210

Merit: 100

Presale is live!

They won't kill cryptocurrencies, although they can ban cryptos and banks from allowing people use their services to purchase cryptos but that does not mean that crypto will die, possibly will just continue existing on the internet and just been used as an internet currency and that's that. Governments have no reasons to ban cryptos though, they will just regulate its trading.

ahmadhasan

newbie

Activity: 129

Merit: 0

I think the government will not kill the crypto currency because nowadays many countries are using crypto money as a tool for transactions for that government is very difficult to stop it

sumangs

full member

Activity: 644

Merit: 101

NO. There will be a time where we will need the used of digital currencies. We can't depend on the traditional way of payment like fiat so the government will need to adjust and they will have nothing to do if they stop it by making regulations. If those regulations will be success the time will come that their traditional way will make more hassle than the digital method that the people are developing now. This is for my opinion, the effect of capitalism.

jeldzrey16

jr. member

Activity: 420

Merit: 1

I dont think so, because some government are supporting the crypto world. They even legalized the Bitcoin in their country.

jackmoon

member

Activity: 117

Merit: 10

The government can't kill the password world unless the world falls into a state of no network.

Tanzion27

jr. member

Activity: 252

Merit: 2

Some of the Countries really hate Cryptocurrency! It's because the Government can't gain anything with Cryptocurrency. But the really problem is that they can't do anything with Crypto, that's why they really hate it and wants to end this kind of thing. But some of them already adopt the Cryptocurrency in their country, and wants to make their life much easier.

_Mikasa_

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Activity: 234

Merit: 15

Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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 my opinion, governments just don't like crypto as they don't have any access on it because of its decentralize system. Many illegal transactions can be made and they wouldn't even know or track it because its system is secured. Scammers also can spread as they will take advantage the popularity of crypto. But I think that if they'll just know crypto's potentials in our future and the advantages it can bring to people then maybe they can change their mindset and accept it too. If the countries that accept crypto will increase, then maybe other countries would also start accepting it as they also can be used in international transactions.

omar bakrie

newbie

Activity: 182

Merit: 0

that's what I'm worried about. the longer, more and more bad news, about the government's challenge to cryptocurrency. But hopefully it will not happen. If you want to be safe, you should be diligent to pay taxes. And I hope that the government will finally legalize this cryptocurrency.

waaat?

full member

Activity: 574

Merit: 104

I think the most of cryptocurrencies kills self due to development in the nearest 1-2 years. Or silently die. And governments will not need to kill anybody. Natural selection is the best choice from Nature

LeroyBro

jr. member

Activity: 168

Merit: 1

Well I certainly hope that doesn't happen. It's interesting to see them try to ban it though instead of wanting their share of the profit.

btcefeyigit

newbie

Activity: 224

Merit: 0

In the early days of the world of digital currencies, some governments tried to kill crypto currencies but failed. because the crypto has always been strong and accepted by people. I can not think of such a problem any longer.

drogas

newbie

Activity: 168

Merit: 0

The only way I can see governments killing cryptocurrencies is through tons of regulations and taxes. Or they could just ban ICOs altogether like some countries did in the past.

elghoniya

newbie

Activity: 111

Merit: 0

Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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 am not sure. In my opinion, The government should accepts the crypto currencies, or they create a new crypto. because crypto is the future technology. It will be needed at the next 3 years again.

darmin

member

Activity: 532

Merit: 10

There is no reason for them to do that and not be able to. Crypto can only be stopped if the internet dies. the Government will not be able to do anything to address this. However, some Governments are even starting to support crypto because of potential in the crypto.

ezakmisd

member

Activity: 336

Merit: 10

Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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?

not all countries are struggling with cryptocurrency,because many governments benefit from it,they receive money from taxes that go from the crypto

fulmetal08larz

full member

Activity: 476

Merit: 124

I think at first, when crypto currencies was introduced, the government aims to eliminate it because of it was meant to be a revolution for the people. As time goes on, due to the popularity of crypto currencies, more people got interested and embraced crypto currencies. In the near future, the government will also realize that it can be utilized in many aspects such as administration, infrastructure, healthcare and many more.

eugenefonts

member

Activity: 364

Merit: 18

I dont think so because we are all in favor of crypto it has many usage and its like a hybrid of internet. Business man and governments can make a huge of money from crypto if they just be open minded . And aside from it many people will be rich and get job from many projects around the crypto world. Gorvernment is just scared because they cant impost laws and policies on crypto because its decentralized and i know someday government can find a way to accept and legalized crypto. As of now crypto is still on sleep but somedat it will wake up and continue to be adopted by more and more people.

yaelahwall

full member

Activity: 336

Merit: 100

Next Generation Antivirus

Only a few governments are open to the cryptocurrency. Most state governments still ban and against the cryptocurrency. Governments that still ban the cryptocurrency will continue to reject the presence of the cryptocurrency. The governments reject cryptocurrency with creating new laws and policies. These laws and policies can only be restrictive. Even, governments can prohibit the cryptocurrency permanently. In my opinion, this banned is because the governments can’t control the cryptocurrency in its country. But, someday if the governments can control the cryptocurrency and indeed the cryptocurrency is more profitable so I am sure that the governments will give legal status to cryptocurrency.

blmpnetwork

newbie

Activity: 98

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Quote from: stephanirain on May 13, 2018, 12:45:28 PM

Quote from: blmpnetwork on May 11, 2018, 11:23:55 AM

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 my own point of view, i think the government could really kill cryptocurrencies because they are powerful enough to do that. But for now they can't because there are countries which they made cryptocurrencies as legal and i think in the near future government will start to accept cryptocurrencies.

As part of the crypto community, we should educate people around us and totally embrace it if we want to contribute to the full adoption.

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