Bitcoin Forum

What if anyone wants to eliminate the bitcoin
This question always arises in my mind
as we know that digital currency it could eradicate the economic problems of each person.
But what if no one from the Government or concerned with currency want to eliminate the bitcoin.
I need to friends who are here to give you a bit of advice for me regarding this myself ...

You cannot simply eliminate a technology that are decentralized. If Bitcoin was run on centralized servers, some government could have taken them down, but not Bitcoin. Bitcoin runs on 1000's of computers and cannot be taken down at the same time, these computers are spread globally.

The governments may implement strong laws or regulations, but people will still be able to use it globally. ^smile^

Actually many people are trying to put bitcoin down and make it to get ommitted but until now, no one is successful with it. They will keep on trying to put bitcoin down but I doubt they will become victorious especially now that iys value is constantly increasing! Many business will be created and it will be bitcoin related.

You are the bitcoin.
If they can't stop you running bitcoin node at home, they can't stop the bitcoin.

destroying mining big farm will effectively put a serious dent on bitcoin,  and since you can not build a peta farm in few days, the network would be at 51% risk from random miners in the world

this is the only real thing that can make bitcoin unsecure for me, it's not that hard for terrorist to attack a farm for example if they want to, they just have no reason to do it currently

i don't know how much they invested in personal security but i doubt it's strong enough

Simply outlaw Bitcoin and declare anyone who is still using it an enemy of the state and threaten them with a lifelong stay in a cozy prison cell? I think this will be quite the persuasive argument  ;D People would stop running nodes, the exchanges will cease to exist, peer-to-peer sites would be either monitored or shut down as well etc.

The easiest way to kill anything is to kill the infrastructure and everyone will stop using it sooner or later when it's no longer convenient.

Well I will wish them Goodluck with that, since Bitcoin is the not their normal currency which they can just ban or say not valid anymore. It's a technology, and it belongs to no one. They can't do anything to Bitcoin accept declare it use invalid but then again who really will care. Bitcoin transactions are anomouos and they will give you in the end trying to figure it out, as to how to make sure people stay away and if they were to do so it will create more awareness for Bitcoin so either way it's good for Bitcoin but trust me they got bigger problems in trump and Bitcoin is not a issue for them now.

Unless they actually get rid of the mines and other related infrastructures, they'll find it hard to eliminate. Even in countries where mining is prohibited, like Venezuela, people are still able to use their bitcoins. It being decentralized is one of its biggest strength. A single government (well, maybe except China) will find it hard to shut off bitcoin on its own.

Thank you for your comment

how your actions if any Government wants to abolish the bitcoin? Maybe with politics, violence and others
What kind of response will do if it happens.

I can't see the way how this could be possible. Bitcoin is not just cryptocurrency, it's whole new technology and you can't simply eliminate the whole technology. Bitcoin could be regulated, even banned but not erased although I'm sure there are some who would want excatly that.

The power of bitcoin is its being a decentralized currency.It is due to its decentralized nature, bitcoin can not be destroyed by one single individual or entity.

Can we already do it please? because I'm tired of all the FUD and BS, seriously lets all kill bitcoin and focus more on 6000 altcoins. ugh! wait shutting them down would take forever :).
So far few individuals or entities managed to interrupt the network.

There were no infrastructure when bitcoin was introduced. No exchanges,no big mining farm etc.
If infrastructure from one specific location is removed for whatever reasons, new infrastructure will come up at other place.

Eliminate bitcoin  ::) I think you are talking about shutting down whole bitcoin network.

Bitcoin is decentralized that mean ledger is distributed among thousands of servers all over the world, so even if government shut down one server bitcoin network will remain as strong as it is before.

Nobody can shutdown bitcoin network.

Trust me, if government really wanted to destroy bitcoin they would do it already. It may not be easy but it is doable.

1. If they would initiate a BTC ban and heavy smearing campaign, it would put off majority of people from using BTC.
2. They can't kill the network, but they can hinder it greatly. For example, gov can target ASICs manufacturers. Disrupt their business or try to force them to add a kill-switch to their products etc.

It is not possible for governments to remove bitcoin from the middle. Because bitcoin is not a central system. It is the same as the operating logic of the torrent system.
States can not remove torrent systems. States can not remove from the Bitcoin system.

I think the elimination of bitcoin is pretty possible in the case if bitcoin cost huge. Many countries just can block it in one moment due to concerns about the anonymity of committed transactions and possibility to hide big money amount in bitcoins skeeping paying taxes. Today everything about bitcoin and other crypto-currencies is opened for everyone, so I think we can use that chance to increase our wealths.

Are you kidding? to shut down the system of bitcoin is to shut down the internet connection there would need a lot of resources to do that or maybe a solar flare storm can actually shut it, but if a mere government can't do it maybe a catastrophe would that is the only thing I think could stop the bitcoin system!

Has government ever been able to check illicit drug business, money laundering, terrorism?.
In today's world of sophisticated technology, government can not control every action of its citizen.
Bitcoin will survive any ban albeit it will be used stealthily.

It will depend on the situation. Actually there are many moves to make bitcoin go down but those efforts did not succeed. A good example were the predictions that bitcoin is dead, or bitcoin price will experience meltdown and will flow down to 10$ each. But those statement were proven false. Even if government bans bitcoin it will not stop bitcoin on its path except of course if all the country around the globe bans bitcoin and bitcoin usage is considered a criminal act.

Omitting bitcoin in 2017 is already too late!
It is hard for people even to affect 10k btc nowadays. Bitcoin has spread its reach among more than 10 millions people in more than 160 countries. The Bitcoin has provided the feature of decentralization which made it possible for people to become a sole owner of their Bitcoin. It is almost impossible for anyone to omit bitcoin hold by others.

it is hard to understand what you really mean, or even you are asking a legit question or making a random topic without even reading the replies. i guess me saying this here will clear things out, in case you clarify or ignore this.

in any case your question is similar to other many topics about what if bitcoin is banned and the rest of them what ifs. you can read them to maybe get our answer.

Relax my friend it cannot be eliminated in any way unless they see itch off Internet in the whole world. Bitcoin is based on a decentralized technology called blockchain which isn't controlled by a central authority or government but individual crypto enthusiast like you and me through mining and periodic development.

Exactly, there's no mechanism possible to stop Bitcoin, it's a decentralized technology people! It's run by you and me in our homes and mining farms and there's no government or system capable of stopping it all alone unless we all decide to quit one day.

I think they will have difficulty in putting stop to Bitcoin operation.  First, they need to do it internationally, meaning, they need all nation to participate in this, making Bitcoin illegal and put those who support it into jail.  If they failed to do it, there is no stopping Bitcoin.  Just look at torrents, they had been shutting it down ever since but it is still up and running.

Bitcoin is even stronger than torrents, nobody gonna find out who is holding bitcoin and who are running/supporting bitcoin nodes. Government can't just raid all of the homes to shut down each and every bitcoin nodes all over the country, so even all of the government participate in mission to stop bitcoin they can't.

The only way they can eliminate Bitcoin is making it illegal in every country in this world. It's unlikely that it will happen all around the world if it ever will though, because there will be at least one country that will still accept it. I think they will start making it illegal as soon as the total Bitcoin market cap will pass $100B.

It is possible also that government will adopt the bitcoin industry, yes they cannot control the central system for now but definitely they  could find ways on how to control it. I think that government loves the idea of having a digital currency, lots of advantages compare to having a fiat. Let us just see in the next years.

I think it will be difficult to bring down bitcoin, bitcoin is created by people's power, the control is on the people who used it, single community or government won't be able to bring down and eliminate bitcoin, to really bring down bitcoin you need to stop everyone in this world to used bitcoin and I doubt somebody can do that thing

okey. thank you very much for your comments and suggestions. I felt a little relieved by the response.
this way I became convinced bitcoin or altcoin could be an economic solution to mankind.
maybe if friends want to continue these discussions or news is concerned, we are discussing here
Thank you very much

Bitcoin currency is good for this world, then if Bitcoin eliminated would be a bit difficult, to berteransaksi to other users, I believe bitcoin will not be removed ;D

I have no doubt that bitcoin will survive the ban. But at what cost? Global adoption dream will be shattered, progress hindered, bitcoin users reduced to being terrorists and criminals.

Would you still use bitcoin when it was explicitly said by your government that Bitcoin is undesired and harmful currency? Would you risk it just in the name of freedom?

Yeah, I don't think that bitcoin will die out that fast and easily since bitcoin is clearly gaining people's attention, there are positive ones and the negative but the positive view of point is taking over the place. Although there is a small possibility of disappearing, bitcoin will survive for a long long time before becoming extinct.

Why would someone want to eliminate bitcoin.
It is a good crypto currency and is working perfectly.
And in case it stops functioning , we can't do anything except
regretting and finding a new way to invest.
Also people cannot case according to the terms.
So in such a situation you loose all you money.
But it won't close right away.
You should have enough time to convert your BTC into fiat

We all cannot predict what will be in the future of bitcoin. We only see the positive ideas and what will happen to bitcoin, but what if bitcoins will be omitted, we cannot withdraw our money, we cannot payout, or all our earnings and efforts will be lost. We should prioritize first, the securities of our bitcoins, before they will omit the bitcoins

i think it is impossible for anyone or any government to eliminate it because now it has a huge number of user which directly or indirectly uses it and into bitcoin business and the way more and more people are interested towards it so, no one want bitcoin to be eliminated.....

Well, I guess it would take a lot of time for him to eliminate bitcoin, maybe forever is enough lol. Eliminating something big is not that easy, specially bitcoin, because like the others said, that bitcoin is a decentralized one, then it would be really impossible to someone just to eliminate it or shut it down whenever he likes it. It is not something that we can just do in a blink of an eye. It is like finding the end of the rainbow after the rain.

Bitcoin and others cryptocurrencies are decentralized and because of this it can not be wiped out. If it is possible to wipe bitcoin out from existence, they could have do it since, as bitcoin is against the desired of monetary policy makers and the world elite. The only way they can attack it is through media propaganda outside that nothing can be done to wipe it out from existence.

Yeah I am quite agree with you that omitting or eliminating it now is quite impossible as this may happen if you said this around 2 0r 3 year after establishment of bitcoin but now it has a huge no of user and huge number of user is attracting towards it and it has spread arround all over the world so I think now it is impossible to eliminate it.

I dont think in this era bitcoins will be eliminated ! Bitcoin has built his reputations for how many years now and I dont thinks it will be vanished now that many users has accepted bitcoin as its currency ! bitcoins has been good to the business of many crypto enthusiast so I don't think they gonna let bitcoin down ! Not today , not tomorrow and not in the future  !

I also hope like sir.
I would like to answer the questions in my mind.
In this way I am very sure if bitcoin can provide a solution to the economic problem may
Oh, how wonderful to have a production tool bitcoin,

1. I would like to ask; When we speak about the government. Which one? The Chinese, the USA, the Russian or anyone elese, because till now there is not a universal government. On the other side there countries like as  Switzerland  (http://www.coindesk.com/swiss-government-paving-way-bitcoin-blockchain-banks/) which is crypto currency friendly.

2. No they cannot because they know that after every ban or a hostile movement bitcoin always is getting stronger. Only bitcoin will kill bitcoin and the governments as well as the banks know that. If bitcoin ecosystem will not find a solution in scaling issue then people will not use bitcoin as payment system but only as commodity in exchanges and markets. So fiat will have not any fear from this usage of bitcoin.

I think you have a point my friend, though it can't be taken down that easy. And if they really want to take it down, they must have done it a log time ago when bitcoin is not even that popular because icknow they had realized that it will be a problem.

Im thinking how about  the blockchain or the whole blockchain instead of eliminating other computers of every country..
Since bitcoin just made by a team of satoshi nakamoto and i think if their found who made bitcoin they can eliminate since satoshi have an access in whole blockchain.. that is why i think satoshi is always hiding.. because of this..

excuse me sir. Sorry deviated from the topic of the discussion
where can I get information about the State of the length of the bitcoin
I want to count the number of bitcoin

Eliminate Bitcoin, I think this is a not an easy task, even very difficult. Bitcoin is a product of modern technology, blockchain, it is a kind of digital electronic money, no need to go through an intermediary financial institution, no one managed or controlled. Bitcoin decentralized nature, it has a different activity than the typical currency without a central bank to manage and it is only based on the network of Internet. To completely remove Bitcoin really need a lot of resources and I believe that this is impossible. Bitcoin may be banned in some countries, its price may be unstable, but Bitcoin can not be removed completely, I believe it.

Probably one person may stay away from using bitcoins but that also now a days will not be possible as he might get attracted toward bitcoin is he is working online. Maybe for the people who are not having internet connection, I guess it would be possible to omit bitcoins.
But literally it will not be omitting as they are living in different world as in most of the country a life without internet maybe similar to living in a den.

I can not see how this can happen,

the Government can implement strong laws or regulations but only for tax Bitcoin

If removing it is not possible, since Bitcoin don't interfere with the government's financial

I hope that the Government would be to accept the potential perpetrators Bitcoin