Bitcoin Forum

The latest news is that the US government is look closely at Bitcoin. A number of governments such as Russia and China are also planning to issue their own digital currencies. They clearly see a financial threat from Bitcoin.

What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?

It is indeed the future plan of big countries such as china, Russia, America to create their own digital currency, but that I believe will not be able to stop bitcoin currency, because bitcoin is already owned and spread all over the world.

Speculation is after all speculation, but unless the government offer an improvement on Bitcoin then why would this be a threat to Bitcoin? If it's improved on Bitcoin then why would we be hostile to this crypocurrency? If the government came out with an improved cryptocurrency which was open source and decentralized then I for one welcome the change. Would probably change my mind of the way governments think if they actually did this. If it's not decentralized or open source then it should fail.

Yes government can kill bitcoin in the way how they want to do it for example if there no more people who are appreciating bitcoin they can kill it easily

How can they kill Bitcoin "easily", why haven't they done it already if this was indeed the case? Bitcoin is decentralized and has a format to prevent any manipulation from a central figure. Only certain aspects of mining is somewhat centralized.  Trust me if it was so easy to 'kill' Bitcoin then it would of likely been done already. I mean it's had several attempts on it, but as of today all have failed.

No they cannot kill something that is not alive, they can only put curbs on it, which as we have seen are a waste way of doing things, China tried it last year Bitcoins tanked and soon it shot up like anything. Bitcoin answers to no one and is not bound by limitation as it has no controlling authority. Let them ban it, we'll only indulge in it more, plus their coins will be a alts I don't buy alts, so no the government won't succeed for sure.

The government may limit the development of Bitcoin, but believe that the government cannot stop Bitcoin. The development of Bitcoin itself is not controlled by any organization.

This is an interesting topic. How do they kill Bitcoin? Even if it introduces its own cryptocurrency, it needs to be based on Bitcoin. If it is not a blockchain technical currency, then what is the difference between the digital currency and the legal currency? The coin is the door that they can't go around. They need to acknowledge the door before they can come.

If government kill and stop bitcoin operation, it is something a war between government and bitcoin, because many people against government decisions if they try to kill bitcoin operation. And we all know that government has the power to kill bitcoin operation, and hopelly government would not be able to do that kind of actions.

I agree that bitcoin is spread all over the world and no other country can kill bitcoin exept if they ban bitcoin in their country. Eventhough other country has their own digital currency, bitcoin is the most common used currency all over the world.

Yes this is possible if the world government take their actions to totally banned bitcoin because they want to create their own crypto currency and monitor who is the holder of the currency they are making today. this will definitely kill bitcoin.

difficult, the government can't block blockchain technology. the government can only close the sale and purchase sites only. and if it happens but there are still countries that open bitcoin trading sites, we can still trading bitcoin.

Bitcoin already sets the framework or the foundation in crypto currency so no matter what policies the government will make to kill bitcoin, it will always be based on bitcoin.

the government can not stop the circulation of bitcoin digital currency, the government can only limit its transactions, as it happens in my country ,, now.

As what others said bitcoin can't be removed/killed. Some countries already banned bitcoin but the demand is still high and even if it's banned in all countries there's no stopping people in using bitcoin. Maybe if they could make a better version of bitcoin without the need of the internet but I highly doubt that such thing could happen because it would take a lot of time before any newly made crypto could compete with other altcoin and eventually take out bitcoin from its current position.

I think yes, there is a possibilty that bitcoin can be killed or stop by the government specially when they unites. Bitcoin and its technology is a innovative financial system which is more efficient than the banking system we have right now, just so happen that banks is being controlled by the government. What can government do is putting an external power to bitcoin which their people will not able to use bitcoin.

No, bitcoin is international currency. Its advantage is the decentralization, those governments will only bring more positive impact for bitcoin. Indirectly those governments are agree that bitcoin is good technology or atleast the idea of digital currency is appropriate for this century.

thank god they cannot do that and that is a cool thing about bitcoin if bitcoin would have in there control bitcoin would have been crushed.

Yes, they can kill bitcoin if we do nothing and the reason is that they want a centraized coin which the reason why they are watching bitcoin closely and this why most of them says that bitcoin help money laundering, tax evasion and terrorist funding

In fact, it is very easy for the government to eliminate Bitcoin! Close all trading institutions including exchanges and wallets. Fully block the wording of Bitcoin above the search engine and the rest of the Lenovo extensions of Bitcoin

killing bitcoin is not difficult for the government, close all exhanger, block all sites related to Bitcoin. and turn off internet searches against Bitcoin. but I do not think that will happen, if a country will spend its own digital money. bitcoin will keep running as usual, coupled with other digital money.

If they tell others that they should choose their tokens instead of Bitcoin, what advantages they have compared to Bitcoin, if they can't trade anonymously and they are similar to French coins, then we might as well use legal currency.

Yes they can kill bitcoin. I see some of the news thats big countries try to create their own cryptocurrency if this plan will be successful bitcoin price will decrease so fast.

If the government is able to make people around the world prohibit bitcoin, bitcoin's death is inevitable, but if it can't be done, then this is just a joke.

Governments cant kill bitcoin easily they can minimize it but they can killed because bitcoin is an decentralized crypto currency which you can find it anywhere in the globe. They cant stop bitcoin whatever they do with it

They cannot kill bitcoin however banning them in their country could somehow affect the economy of bitcoin community since banning it would result to decrease in users meaning less demand and if the demand decrease its price will decrease also. I don't think bitcoin will be gone because I believe it is strong and many people who are into cryptos are still holding bitcoin besides bitcoin was the only digital currency that has managed to get accepted widely as payment method in any kind of transactions in most countries.

The governments will not kill bitocoin. Because government in the crypto market is just pawns.

I think the government can kill bitcoins. The use of bitcoins in any form is prohibited. Bitcoin-related organizations will be banned. This will make bitcoin lose value and gradually be forgotten

I think you are wrong address and ask in this forum
I do not know if you are really a newbie or just want to lead to panic because the situation is right for now. but believe me, what you say is not true. and to date all of that is still a rumor. nothing really happened. and bitcoin can never be killed by all countries. you can see that bitcoin is still very popular right now even though its value goes down but that does not matter everything will get back to normal.

There is no point for governments to be trying to introduce their own cryptos, most of them would do just fine maintaining the current scheme they have set out right now. If they look into making cryptos then they might as well just be switching their entire monetary system to cryptos since they already operate what is pretty damn close to cryptos already, minus some of the special features. There's a lot of things that wouldn't make sense in a situation like this.

At this moment, there is nothing the government can do with bitcoin so they can't kill it "easily" like you said. Bitcoin has been used in some countries already. That is a proof that bitcoin is being used already in some countries. Yes there are some countries who banned bitcoin but who cares. We can just use bitcoin because its decentralized.

Best thing to do is to somehow get politicians to be activists for bitcoin, and pay them public speaking fees in bitcoin.

the government will never be able to kill bitcoin, because bitcoin is now one of the most profitable coins. so I think the government can only limit the rules without being able to kill bitcoin, because after all the bitcoin is not owned by the government and the government does not have the authority to destroy or kill bitcoin.

How can they be able to limit the development of Bitcoin since they are not the developers of such currencies? Bitcoin will not be stopped by the government but they can banned them in their own respective countries.

The thing which does not exist physically, how can someone kill it??

I dont think that government can kill bitcoin because bitcoin is not under by the government so they cant control it the reason why they ban bitcoin but still bitcoin is unstoppable because many people are investing on it even though its a little bit risky.

many governments are now attacking bitcoin with any variety but I am on the principle of bitcoin can not be replaced by other virtual currency because bitcoin has proven its range and variety that is in touch.

yes i agree with you.you are right .bitcoin now very popular and people like it very much.if government decide bitcoin kill .it is i think not easy for government.bitcoin now very strong and good place in many country.

of course can not because if you know the purpose of bitcoin is to create money that can not be controlled or controlled by anyone including the government can hardly ever be to destroy or kill bitcoin. the circulation of bitcoin is very free, not hindered by any of it.

No. They may try to limit it, but that will only drive the price harder and in turn, increase its popularity. It's not a good use of resources for any government.

I think that government can literally ban bitcoin (just like the China ban) but it will still exist as a value like gold.

I believe attempting to kill bitcoin by developing their own cryptocurrency will only make bitcoin stronger. Developing their sends a message that it is threatened by it, and will only end up imitating it. And again, just like many others that imitate it, they failed, and made bitcoin stronger than ever.
Well it's just my assessment though.

I believe competition is the 'soul' of business. If governments intend to introduce their own digital currency, I think it will be even good. This will make the market more open and no one coin would be a super dominating coin. The government would always try to create more patronage within her citizen and beyond and that will give more room for growth and acceptance of digital currency.

I like the idea because it will end in creating more awareness of cryptocurrency and bitcoin particularly.

i think it may possible if governments all around the world accept to elliminate bitcoin, but i personally dont think it is gonna be easy because no government can easily quit a huge amount of money while they can still have benefits from its, but if one government ban bitcoin, another will take the benefits from it, so lets just agree bitcoin can hardly be killed by governments.

Governments are absolutely against digital money.

Governments make money through taxes and commissions.


However, thanks to the digital money, we can send money to the desired country without commission.


The banks are not sending money at weekends. With digital money, we can make the time we want when we want it.

Bitcoin is not affected by any organization. The government may limit the development of the special currency, but it is impossible to make Bitcoin disappear. Bitcoin will always exist unless the Internet disappears.

Bitcoin can not be completely banned, I think so. It's like the Internet, it's impossible to forbid it either. The fact is that bitcoin is decentralized. This means that he does not have a single control center. It is controlled by software from many different locations around the world.

Governments can effectively push BTC to the underground. They can regulate it in a way that no one in the main stream will be able to use it, and as a result it will, for all intents and purposes, be dead as the future of money. We have seen several countries already start down this path.

No,they.cant.. People who currently possessed bitcoins right now are from different parts of the world. So,how can they kill bitcoins like that? They only have the power to ban bitcoin or regulate it on their country.  But for now,the chances that they will kill bitcoin is next to impossible. They are only anxious of bitcoins potential in the future and they are also worried because they cant control bitcoin and the issues on how to impose taxation on it

what makes you make a post like this? I think you can read from many threads here. what you discussed has been overwhelming.
and every government will not have the same policy. and what you have said has not been proven to date.

No. US and China is not the country in the world. There are more countries in the planeteearth. Two is better than one but in bitcoin two's is not enough to kill bitcoin. Government can stop it if let the world form an office for cryptocurrency to just stop it. That will be their goal by creating the office to let bitcoin be killed. Without like that kind of strategic plan it couldn't kill bitcoin. No one can stop it unless everybody is against to it. While everyone is not against bitcoin will  remain.

         It is impossible for governments to kill bitcoin even replace it with theur own digital currency because bitcoin already made a huge name in the market of cryptocurrency. Bitcoin is alredy popular all over the world. Maybe they can make their own digital currency to be compete bitcoin and put  tax regulation. But everything is depends on the acceptance of the community.

 You make say Bitcoin can easily kill but do you think people will stop using Bitcoin? Even other crypto will dead Bitcoin will still the one who will stay at the top even goverment force to issue a ban on there country bitcoin cant still die like that. People will find a way how to earn bitcoin even US cant really easily ban bitcoin cause US have the biggest investor.

I think governments are not going to kill BTC and other criptocurrencies but regulate it. Blockchain technology is very useful and almost all people know it

There is only one way to kill Bitcoin that they may choose - to prohibit the internet within their respective country.

Well if you can not stop the wave then just ride it , that is what they are doing . Sadly crypto community is helping them without even knowing. Let me tell you that every time the market make gains because a positive news coming from big governments such as china , usa and  russia ect ... in the fact of it it is negative because it shows that we still need there approval . We are not even noticing what we are doing and how bad it is .

That would be too daunting a task to do. It's hard to kill bitcoin, cause that would mean stopping the overwhelmingly strong community that supports bitcoin, globally.
And introducing their own respective cryptos would only serve to make bitcoin stronger.
Even now bitcoin is growing.

The government is definitely against this market. Absolutely against the banks!

They make incredible money thanks to taxes and commissions. The coin market is following the obstacles because it prevents it.

I do not have much hope. There will be no beautiful things like the old.

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Government can kill Bitcoin as a moderately popular subject. In terms of currency or means of payment, most countries do not accept virtual currency as the currency or means of payment, for two main reasons.
First, if it is accepted as currency, as a legal means of payment, the national sovereignty over the currency issue is infringed.
Second, virtual currency is accepted will facilitate tax evasion, illegal remittance, payment
Similarly some cases are no exception, have counted on the use of digital money to trade illegal transactions, if the state prosecuted by the state, then I take a bitcoin is likely to be destroyed by the government and not for use nationwide,

Bitcoin is the good form of currency and the government can not kill bitcoin it is good for the countries and with this bitcoin can not kill bitcoin. it is good for the country because it is improving the country economy and by this many people have changed lives. bitcoin is good for the country economy and from this the country unemployment can be reduced and it is good to use this currency for many jobs and many jobs are paying bitcoin which is the modern era currency.

If the government really wants to prohibit Bitcoin, Bitcoin will not develop. However, Bitcoin has been active, indicating that the existence of Bitcoin can, to a certain extent, promote the economic development of a country.

It is quite possible that this is a conspiracy because they cannot control bitcoin, and why it is not necessary to develop bitcoin that has matured and then redevelop a new cryptocurrency. It can only be said that the government has already felt Bitcoin’s Threatened.

na! I don't think that any right minded govt will do that... instead they will try to adapt the tech for streamlining their own business affairs on how to run the govt more efficiently...   

And I no where see it a threat to the Govt or matter of fact for banks also its not a threat. example is of Ripple. which is helping banks to have another feature or channel in payment settlement. 

The govt would like to regulate and thats good thing as it will bring more transparency and safety for people funds; and more people can then invest.  Even big Investors will then take BTC seriously...

Government can't kill bitcoin because they didn't know who was the owner of this. They just can ban this site but users will make a way to use bitcoin.

They can crashed bitcoin but they can never kill it. Bitcoin is like freedom because we can own it if we want without the control of government. Killing bitcoin will also mean killing our freedom.

I think when the government tried to cooperate with cryptocurrency. surely they want full control of cryptocurrency, user data, their money amount and so on. so there is no decentralization in cryptocurrency again, because this is a lot of users are still cons and the government also seems still confused how to control cryptocurrency, so all they can do is threat to bitcoin

Governments cannot kill Bitcoin because the latter is independent of them. At best, they can only regulate it but still to only a certain extent.

You should know that Bitcoin knows no boundaries nor territories. It was created to substantially address the issue on borders, bank and government requirements, privacy, among others. Hence, even with the issuance of digital currencies by governments worldwide, it cannot affect Bitcoin because the former is one that is regulated by central banks. Meaning, all transactions are carefully monitored because it is expected to be transparent for the greater good and thereby subject to the lawful order of governments. While in Bitcoin, it is the opposite for some obvious reasons. Its transactions can hardly be regulated because it utilizes blockchain technology that is heavily encrypted. Thus, it is not transparent. More so, those who deal with Bitcoins cannot be identified because they are given leeway to use pseudonyms.

So you see, how can digital currencies kill Bitcoin when both have different offers?

Yes. No one can stop and kill the bitcoin. It freedom future digital currency. So it easy to reach the all country people. It good opportunity for the people future growth and improve knowledge. Market places is important for the reach the all country people. But bitcoin price is any time to change. So it not easy to guess the price. If need for coin price information check the price in the market place. This information help to time to sell,buy and invest for the future growth.

In theory, the government can do that. but do they need it? Yes, some are trying to release their own cryptocurrency, but you need to understand that it will not be as popular as bitcoin. It is more profitable for the government to tax income than to ban it.

Probably, they can! But I don't think that it's reasonable

In your opinion, I think the term used in your topic must not be killed but replace. Yes, government can replace the bitcoin. If the world government will ban the bitcoin and use a new coin made by the government then it is possible to beat the bitcoin. We know that bitcoin can be a threat in the government and probably, government always plan to eliminate the bitcoin.

Of course, government can kill bitcoin because they are the one who hold a country, they are the one who controls the people and also they are the one who implement laws. Once that they command people to stop using the internet then there will be no usage of it, if they demanded a law ordering to ban bitcoin, then it may happen. A government is strong enough to stop bitcoin because they are the one whom people obeys, they are also the one who can say stop to all the people who are using bitcoin.

I think it will not be so easy to kill Bitcoin.In many countries,the government has not accepted Bitcoin. But Bitcoin has not killed. I think Bitcoin helps in improving for a country.So government will not kill Bitcoin.

Actually government has an authority to do that because of his power. But it seems impossible in the near future.why ?. Decentralized system used in  it's operation makes it difficult even impossible to kill or ban fully. Mostly people are interested in and support bitcoin strongly including it,s blockchain technology.

I don't think it's possible to be happen, bitcoin is not easy to kill and it's hard to replace with other digital currency.

i think even china or any other country makes own digital currency, i believe bitcoin continue to be strong as first decentralized crypto currency,every country have an own rights to make what they want for their country. and i do not believe on that way bitcoin die.

They know or might not know who is the owner of bitcoin but the fact is no one is owning bitcoin, bitcoin is being used by people and no one is controlling nor owning them. There is no way that they will "kill" bitcoin even if they ban it since they will only be banning bitcoin in their country unable to use bitcoin in their country but the people there can still use bitcoin online.

Can. The Government had the authority in taking decisions everything problem in her country. Government decisions are absolute and not bother to sue by anyone.

The government cannot kill BTC per se. It can only control the usage of internet and access to BTC trading and anything related to it. Take other countries as an example, they moderate or ban any BTC transactions, but they cannot stop or kill BTC.

That's the whole point of BTC. If you keep off exchanges that require KYC idenification, there is no way to know which wallet belongs to whom, so goverments cannot track and punish you even if they ban BTC.

Your statement itself makes sense. There are some governments of different countries killed the Bitcoin or in other words, the bitcoin is banned in some countries.

Bitcoin and most other crypto currency works using Peer to peer protocol just like how torrents work. Every user has its data and shares it through out the world. No one controls it and is totally decentralized. Even though the government is trying hard to stop piracy by taking down torrent sites, do you think they are being successful? They take it down, and then the site goes back up again in few days. Now compare and think about bitcoin in the same way as torrents.

I think its right, but for me it is possible that they could kill bitcoin. Investors of bitcoin should always open their minds that one of the risk in investing bitcoin is the possibility that there will be an alternative crypto currency that would take the place of bitcoin and make bitcoin an obsolete one. However, we sholud always believe that whatever happens bitcoin should always be the number one crypto currency.

In no way,the governments could replace bitcoin with their own crypto currencies as the investors would not be willing to support such centralised coins which would never increase in price like bitcoin and which would not allow anyone to stay anonymous.Governments could only regulate bitcoin and all the world countries have started to realise it.

I dont think so that goverment can kill bitcoin because i think theyre consevative about bitcoin because they think that bitcoin is gamble and theres a lot of scammers in this system but for me theres on way to kill bitcoin as if it lessen unemployment rate.

Bitcoin is decentralized,even the government can't handle its volatility. But the government decides whether transactions with bitcoin is allowed in their country or not. Government can make digital crypto currency whenever they like, the crypto currency they made could be a big hit in the market or not. But regardless of its demand, the government still can't kill bitcoin.

Yes I agree that government can't kill bitcoin because first and foremost government has no control over bitcoin and that's why some of the countries are banning bitcoin because of its as known as decentralised which only mean that they can't take any control on it. Government can only banned bitcoin but they can't kill or stop it.

Actually I think government can't kill bitcoin because there are so many popular person that are involved here. I think everyone who are working on bitcoin will not let someone who destroy, shutdown or kill it because this is our only hope or this is only way that we know how to earn a large amount of money.

It is not wrong to analyze Bitcoin as gold in digital form. Because to get it, you have to mine it first.
and if every country in the world bans bitcoin then bitcoin becomes illegal but will not die because bitcoin users will continue to wear it in any way.

Exactly.I think all they can do is just banning bitcoin and  discouraging people from using bitcoin due to some speculations but i guess it's all useless.Bitcoin cannot be controlled by any supervising agency in the government because of its being decentralized in nature.And the fact that it's giving jobs to all unemployed people will make it very hard for the government to compete with bitcoin or kill bitcoin.

Governments can only kill Bitcoin if they impose tough regulations and bans on it, otherwise on a fair market platform, even if the governments come up with their own cryptos, i dont think if they can match bitcoin or lead to its decline.

Nope i dont think so that bitcoin is gonna fall and kill by goverment because there are many people that relays on this system and it lessens those unemployed people.

The government may limit the development of bitcoin, which the government cannot prevent.

It is not possible for all countries to ban bitcoin, as some countries have fully legalized it.

they are very tolerant to bitcoin, if they took hard measures like china did, probably the bitcoin price would be less than  $100, the US has great influence in the world, so I think many countries are not taking hard measures like china and Russia because they follow what the US does. Now it is clear that one must be very careful with Russia and China, people should not go to these countries if it is not a case of extreme urgency because in these two countries freedom of expression, human rights and freedom of the press are not respected, it is not only the bitcoin they want to destroy, but rather the democracy and the rights that their citizens have


Russia and China just want to have total control of their citizens to oppress them


No, even if they did a lot of research, they would realize that bitcoin does not pose great dangers, so why ban bitcoin? fiat, gold, oil, diamonds, uranium and so much natural resources and other things are used to hurt other people, it does not make much sense to say "let's ban bitcoin because it's used to commit on crimes" this sounds like a joke

if in my opinion it is impossible for the government to close bitcoin apron again bitcoin itself now in some countries have become local currency :D

How do you say so? Take a look now, bitcoin is continue growing and being more popular to the people and I've read on this forum that government want to have a tax of bitcoin. I was very disappointed when I have read that statement. In fact there is no more people could control bitcoin because it is an online system, decentralized. There's a lot of people focusing to do bitcoin as their job because they know that someday they will become rich.

I don't think so. No one owns the blockchain, and that is where the heart of bitcoins is located. Without the blockchain, bitcoins and other cryptocurrencies are dead as well. So we might want to protect the blockchain for whoever controls the blockchain has complete control over cryptocurrency.

You are definitely right about that. Yes the government can kill bitcoin because they have the power to do so.

They can, if there will be a global ban on bitcoin where nobody can sell or buy bitcoins. Because bitcoins value depends on the demand. But I think that would be impossible due the fact that some countries are already using bitcoins in their transactions and feels satisfied with it.

It is indeed a threat. In the a country'view, some transactions need to be tracked, for people 's safety purposes. For example, imagine that an assasination happened. The government caught the hitman and the money he got from the opetation. They want to track it. If it is in bitcoin, they can't. In that case , they will just prohibit it ,or they will just replace it with a new cryptocurrency that can be tracked. Which is different from bitcoin.
That is why i dont think that bitcoin will never lose its popularity facing these kind of problems

Bitcoin technology is too high that it almost impossible for government to kill, bitcoin as a decentralized currency and digital currency use for payment for online goods and service, bitcoin is a revolution in the world financial system the redistribution of wealth and empowerment platform the have high rewards to all it investors.

You're wrong mate and we should be thankful that not every other government are like Chinese government because if every countries government place ban on bitcoin and other crypto currency that the doomsday of crypto currency.

There are many other ways as well by countering the people for using the bitcoin, but why would governments do that. In fact, there are a lot of countries where a lot of people are involved in the trade related to the crypto currencies and if the governments are going to do anything against them, then surely they will face the pressure from the public. So in my opinion, no government of any democratic country will finish the crypto from their country with such a hard stance.

I really don't think that government can kill bitcoin because as you can see, the bitcoin is anonymous. However, the power of government is useful when it comes in digital currency because they can ban the transactions of bitcoins in their country which cannot be used by the citizens/people of their country. In addition, when it comes in replacing bitcoin, I think it will take a long time to be replaced.

I guess government have nothing to do with bitcoin yet they are really a big part of it, still they have no stand with it.  Nobody owns bitcoin.  What we have right now are base on peoples wants not any ones. We are acrually part of bitcoin for what is happening on it or what may happen.

I think the government cannot ban the bitcoin because as you can see, the bitcoin is anonymous. Nobody owns bitcoin. In fact, there are a lot of countries where a lot of people are involved in the trade related to the crypto currencies and if the governments are going to do anything against them, then surely they will face the pressure from the public.

I dont believe it. I think a govermnent have alot of crypto. They are a Whale, control the market, they post many " Rummor notice", make me- a "small fish" panic, sell, sell and sell. So, i belive in that The Government never kill Bitcoin or crypto curreny market

Yes they can if it is no longer being used by peoples and if bitxoin had been used for illegal things

I think the government cannot kill or ban the bitcoin, because the bitcoin is anonymous. No one can kill, destroy or ban the bitcoin. But some countries ban the bitcoin in their country. However, the power of government is useful when it comes in digital currency because they can ban the transactions of bitcoins in their country which cannot be used by the citizens/people of their country.

This news have crash already and its very famous huh? They can if they would but they dont have a choice but to let it by itself because the people in their country or the people that they have are more productive in making money because of bitcoin.

I do not think so. because bitcoin is anymous that can not be detected by anyone. although there are many actions to stop bitcoin, but bitcoin for the future will always live and find its own way to always exist. so do not be afraid to invest in bitcoin.

government can kill and stop bitcoin operation, it is something a war between government and bitcoin, because many people against government decisions if they try to kill bitcoin operation. And we all know that government has the power to kill bitcoin operation, and hopelly government would not be able to do that kind of actions.

Like looking at the aspect of BTC's legality, which is often attributed to location or place, in short, in a global context it is both legal and illegal, and in specific place it could be solely legal or illegal. This is the same thing for your query, on a global context it is both thriving and banned, depending on a the place. It will never be banned, not unless the entire Governments that constitute every single nation on the planet, unite and vote together to totally ban the bitcoin. But until that International consensus from all governments it would be impossible to ban or kill the bitcoin, although it might be banned in some nations, not all nations would. so that would depend on a global consensus from all governments, a single government could, but that doesn't mean it  is the case for every single nation.

The government cant kill bitcoin but they can regulate bitcoin. It will be very hard to regulate bitcoin. If government banned or regulate bitcoin in their country. Investor from that country shift to another country and try to invest their or use VPN. No one is going to kill bitcoin nor government. Bitcoin is future money they all are just feared from bitcoin.

No government cant completely ban the use of bitcoin because it is helping common people in becoming financially stable. If the public of a particular state goes in complete favor of bitcoin, the government cannot do the mistake of going against the will of public. Democratic states at least cannot do so or the consequences would not be easy to bear. I am sure that soon more and more countries are going to declare it legal for their people.

Governments don't want to eliminate Bitcoin deliberately. They all see the benefits that cryptocurrencies bring and they want to profit from this also. That's why the G20 will discuss cryptocurrencies this month. This will result in worldwide regulations and that could be the end of decentralized currencies.

there are lots of countries trying to introduce their virtual currencies. they are also trying to follow the procedure of bitcoin technology. but, i think that this is really impossible to catch the bitcoin market,because, bitcoin is not only exist in some countries but also in all countries and it is same in any place.so there is no barrier and no restriction for transaction. so, its not a financial treat at all,but, bitcoin will be gone high if more currencies come out in crypo world.

I dont think that government can kill bitcoin because bitcoin is not under by the government so they cant control it the reason why they ban bitcoin but still bitcoin is unstoppable because many people are investing on it even though its a little bit risky. They want it to be taxed and we should pay fees and we do not want it to happen because if they take over control, there will be limits then.

I think if the G8 countries decide to kill bitcoin they will...  then a Bitcoin might be for 0.000001 USD....    the real hardcore bitcoin fans will still play with it (just like Elvis hardcore fans who are still alive) but the world will be done with it....

As far as block chain technology is concerned the government can not be able to kill bitcoin. They can only come up with their own digital coin they will be dead on arrival because they would want to control and manipulate it.

Government cannot kill bitcoin. But yes, they feel btc as a threat. Thats why some countries are planning to launch their own cryptocurrency.

they can banned it in there country but they can't kill it because bitcoin is a organization that government is not allowed to control, so i guess government will attack in users so they can kill the bitcoin from growing. "no user, no bitcoin".

maybe. This market is gradually being controlled and manipulated. Who is the shark? I think it is the government. They manipulate everything so they become more messy than ever

I dont think government can kill bitcoin but they can make all much harder for us, like you cant buy bitcoin without taxes or vpn and so on.

The main problem of bitcoin is not the government. There's nothing they can do. The main threat to bitcoin is ourselves. People are so used to using Fiat that they don't want to give up this form of money. They use bitcoin only as a means of accessing Fiat. This is the most vulnerable place in the cryptocurrency. Any touch to the Fiat poisons the mind.

For my opinion, I think no one can kill bitcoin even the government, but everyone may kill bitcoin simply because no one or its not possible to stop producing bitcoin, so if everybody will stop using bitcoin and no one will investing it then bitcoin would be worthless and then bitcoin mining will stop because no more profit is acquired. But its not that easy to happy because we can control all the people who use bitcoin so even if government still not enough to stop it.

We always present governments as some powerful force, but in reality they are just people that work together on the same goal. What can people do? People can do a lot of things together, or they can try to do it, will they be successful depends from many things, many many things. There are ways to kill bitcoin, but in most scenarios that can happen only if all miners and supporters abandon bitcoin, as there is single computer mining and couple people that use it, bitcoin will be alive.
People who are against bitcoin, no matter on which position they are, will try to limit bitcoin, they will propose restrictions, but internet should be a place for all of us, freedom, we will always find a way to continue to use bitcoins, publicly or secretly.
Some governments already have negative attitude, but there are countries open for a future and they accept crypto as technology that can improve many systems.
People talk about bitcoin death, they ask many things about what can kill bitcoin, but these are wrong questions, bitcoin is young, everything just started, its too early to talk about the end. Let's discuss what can we do in our community to rise awareness of crypto, to introduce others with crypto.

As all we know, the power of government on each country dictates the legality of something to become approved or to be accessed by people. Since we are one who witness on how other countries banned bitcoin and other cryptocurrencies in their territory, that is how government powerful and can easily erase bitcoin or other cryptocurrencies in their land. But the power is still on people if they will still use it even though it is banned by their government. Government can implement all they want but once that it does not have a great security, a lot of people will still use it.

No governments cannot kill Bitcoin because we have this thing called encryption but can fees hitting as
high as $55 per transaction kill Bitcoin or the fact that mini centralized banks have been added to the
lightning network result in killing the coin ?

You bet it can

very interesting topic,,,have thaught of it as much,,but if government want to kill bitcoins,,they should have done that since

I think yes but not that fast as you can see today bitcoin already have a big community and more peoples and company already trust botcoin so i thinks its big lose for government to kill bitcoin.

i think no one can kill bitcoin. bitcoin is a decentralized cryptocurrency.
its price show that the demands of bitcoin is high. there will be peoples who want to own bitcoin.
because bitcoin is decentralized, no centralized system can control bitcoin, neither government.

No one can kill Bitcoin and the usage of Bitcoin. If these countries comes with a new coin released at par with their nations rules and regulations also they should adopt Bitcoin concept with its technology. I don't think they can or they will kill Bitcoin for their existence. May be the can regulate the rules in their country and they cannot own the world to regulate what was fixed in their country.

The only way that they could do that is banning Bitcoin and Blockchain technology, but doing this, they won't benefit from blockchain itself, I can't see a logic in that

This is most likely a rhetorical question, since if desired, yes, a law can be issued that will prohibit the use of the crypto currency on the terrior of a particular country

am not sure of that now,,,if they will,,,they suppose to would have stop it on before this time

No, Government is trying to kill bitcoin by using news, media and other related to social media but still bitcoin is still here. They used the word "ban", "hack", "tax" so people will panic sell but its affect only in a few days or week.

it could happen, if the government actually runs the system they created like bitcoin, which not only wants a big profit for themselves.

I think NOT. How could they kill something that is beneficial to people nowadays. If they will issue their own cryptocurrency then i think they'll be adopting bitcoin's technology, bitcoin will serve as a basis of making such currencies. As long as cryptos' live, bitcoin lives.

I don't think the government will kill bitcoin, and there are a lot of countries around the world that accept bitcoin and recognize the legitimacy of bitcoin. I think the government issuing its own digital currency may have an impact on bitcoin, but it can't end it.

No government can destroy or defeat Bitcoin all over the country, but the country whose government considers Bitcoin cash illegal. The government of that country can ban Bitcoin. This can lead to their price rate down. This can reduce the bitcoin user. But Bitcoin is a strong and trustworthy platform and it is due to being a digital currency and payment is widely accepted in every country. That's why the government can not completely kill it, it can ban only in your own country.

Bitcoin is well established world wide. As a result, big nations like USA, China, Russia feel jealous towards bitcoin. It is their ego problem. They will try their level best to bring their own currency and stop bitcoin. But, it is not possible due to the decentralized nature of bitcoin. Being decentralized, no government can regulate bitcoin.

For sure they want to kill bitcoin just like china wants right now, but for sure that it will not come true, especially now that we do have millions of demands or users/investors.

They can make using bitcoin difficult for people, but they cannot stop them. But now it is better to discuss about whether governments want to kill bitcoin or not. Because I think many governmets have known the advantages of blockchain technology and bitcoin. They just will make some rules and it is normal. There were many good signs in G20 summit and also US. Senate.

The primary idea of Bitcoin and Satoshi Nakamoto was - A Decentralization. That means nobody can take over the control of Bitcoin (any central institution) - banks, governments, unions and so on.  So the idea is that people - POTW (people of the world) gets financial freedom and most important financial power back from central institutions.

Twitter CEO mentioned last day as well, that Bitcoin finally will become only real global currency worldwide.  My personal predictions this will happen between 2025 - 2035, when 2005 - 2010 born generation gets adult.

Next 15 years will be really interesting for Bitcoin and crypto markets. :)  

P.s Cryptocurrency markets by 2030 will be between 40 - 60 trillions usd (about 50% of nowadays world assets).

They can't kill bitcoin, it is just like saying that all of the people in any country could be covered by a law prohibiting bitcoin. That is quite impossible, that is why one by one several countries issued a warning and banned bitcoin or other alts. There is a country that created their own crypto backed by petroleum. I think that is petrol if am not mistaken. However, government I think is pretty amazed on how the blockchain work and they are thinking of new way to use or utilize the technology that could benefit their community with a certain rules, policies and laws govern by it.

Some governments are already trying to kill Bitcoin or regulate the use of Bitcoin. I don't think it's easy to realize because of growing community around the world.

No! Governments can take steps to eliminate the use of Bitcoin are cryptocurrencies but they cannot Ban it completely unless they Ban the entire internet from the country. The core principle of Bitcoin state that it is a payment system with decentralization so in order to kill Bitcoin, they have to kill each and every record of the same but practically it is impossible. However, government can legally restrict users from purchasing or selling Bitcoins using Fiat currencies.

I think the government can kill bitcoin with regulations and harsh purnishments but I dont think the crypto technology is going in that direction because more and more big corperations have been investing in this technology and the is growing interest from people all over the world which keeps bitcoin and this tech alive.

Will the government kill bitcoin? I don't think so. Bitcoin can bring a lot of revenue to the government. The government finds its own digital currency, and if it kills bitcoin, the encryption market will collapse, which is bad for the entire encryption market.

For me, yes government have a jurisdiction to kill and prohibit bitcoin but only in their state. We all know that bitcoin is design to work without a single administrator or central banks and also that is the main aim of bitcoin a digital currency that government can’t control so it will become harsh to some government sectors to kill bitcoin. But I think some government sectors will embrace bitcoin and another cryptocurrency because some cryptocurrency is helping the economy's growth.  :)

If countries like China and Russia is thinking to make and launch their own cryptocurrencies for the do not trust Bitcoin as it can be used badly so it is very true about Bitcoin that it is decentralized and everyone can use it. So they would have control over their own digital currencies that are not called decentralized that would be the same as fiat money.

They can ban it but they don't have the power to kill it since bitcoin is controlled by people not by institutes. I think sooner or later every country will accept bitcoin

To have their own digital currency is possible. They must have the priority of making such cryptocurrency. However, it doesn't mean able to kill Bitcoin. As known, bitcoin has been spreading around the worldwide. It always develops and grows among societies in this world. It is difficult to stop it and replace with their digital currency. But, I also feel curious about this.

Having a currency in one country and it they made, this idea is good because they control and even the government can't banned it. But like as other said. It is not meang that they kill the bitcoin maybe the bitcoin user was lessen but it can't killed . Yhe only eay to kill the bitcoin is to unite and make decision that bitcoin banned in all country

Yes governments can really rid of cryptocurrency out of their country but just like china, there will be a lot of complains that will keep on coming on the government each day and they will still allow ico's to run on their country just like japan is doing right now on cryptocurrency, they are using bitcoins ti improve their own economy.

well for me bitcoin cannot be kill or replace with another coin, the creation of new coin buy the government organisation will only affect the price of bitcoin but that cannot eliminate its existence. 

of course, it may be done by the government because they have power over their country. but it is easy or not to kill them bitcoin I do not understand it. and hopefully that does not happen. I hope bitcoin can get support from the government.

2017 will introduce the world into cryptocurrency. Unfortunately, governments around the world are starting to notice this as money starts to flow in. There is no financial regulation in the area of cryptocurrency. However; With the development of the industry, the government has stepped in and tried to provide some oversight for the fragmented market.

In the long run, their regulations will help the development of this space. However, they remain focused on criminal activities surrounding the use of cryptocurrencies and will continue to strengthen control and regulation of virtual currencies in the coming years.

Theory is after all hypothesis, yet unless the administration offer a change on Bitcoin then for what reason would this be a danger to Bitcoin? In the event that it's enhanced Bitcoin then for what reason would we be unfriendly to this crypocurrency? In the event that the legislature turned out with an enhanced cryptographic money which was open source and decentralized then I without a doubt welcome the change. Would most likely alter my opinion of the way governments think on the off chance that they really did this. On the off chance that it's not decentralized or open source then it ought to fizzle.

I believe nothing can kill bitcoin at this point. Governments can ban the bitcoin in their country because they see that bitcoin is a threat to the economy. For example, China issued a bitcoin ban, they wanted to kill bitcoin in their country, but the Chinese government did not do that, because the bitcoin was decentralized and had millions of users and investors. . Since then the government can only issue regulations on bitcoin that can not be completely banned. I hope that in the future the governments of large nations will accept bitcoin and facilitate the development of bitcoin further.

I do not think that the state is capable of killing bitcoin, and if they would like to do it, they would have done it long ago

the state has the power and authority to make a rule. to kill Bitcoin state can not do it, that can be done by a country is to prohibit people to play Bitcoin. and the state can make strict rules about this, anyone who violates or plays Bitcoin will be given strict sanctions. countries can also block all sites that are used to access Bitcoin. Once the people can no longer access and play bitcoin.

I do not think that China and Russia have seen Bitcoin as a financial threat. Instead, what they are seeing is the subversion and innovation of blockchain technology in the financial sector. The government's issuance of legal digital currency is a recognition of blockchain technology, which does not conflict with Bitcoin. I think that let more people know about blockchain technology and Bitcoin. This is good news.

Like the Internet, bitcoin has spread all over the world already. Killing bitcoin can be likened to stopping the internet for just a second, the world over. Can you imagine the chaos? Governments only have the power to reject Bitcoin as a legal tender only within their jurisdiction. Individuals in such countries can still own bitcoin wallets and still trade via offshore accounts. I think the greatest enemy to bitcoin right now is FUD and so many scam ICOs emerging to taint the reputation of cryptocurrencies as a whole.

Getting to the roots of Bitcoin to kill it will be very difficult. The pace has been set already by Bitcoin and any other cryptocurrency including the proposed ones to come from the governments will be measured with Bitcoin as standard. These governments want to capitalize the crypto market for their own gains.

I don't think government can't kill bitcoin because it is the supreme of all cryptocurrency. If the government can serve in a best way using there created altcoins then it can someday, maybe 20 years or when the markets of bitcoin became low and the governments altcoins will be demanded by many crypto lovers from their country. But for now they should first plan it so well to encourage the community to buy their coins in the future.

Government rules if they want it they can get it but it needs much discussion with the expert, But I think they will not create their own crypto, because government were greed they want paper money so they can steal it easily..

It depends on the legality or illegality of bitcoin in your country. But in some considerations, the government may pursue rules on the illegality of bitcoin if it can cause problems on the economy of a certain country or results to a decrease in some investments or may result to losses, thats why someday the government might kill bitcoin because for it is illegality, but i heard in other country they support bitcoin.

It depends on the legality or illegality of bitcoin in your country. But in some considerations, the government may pursue rules on the illegality of bitcoin if it can cause problems on the economy of a certain country or results to a decrease in some investments or may result to losses, thats why someday the government might kill bitcoin because for it is illegality, but i heard in other country they support bitcoin. On the other side government or regulatory bodies can't impose laws to it because of the complexity of the terms used and lack of understanding about it.

Demand will start falling as people of that country who has issues their own coin will have to use that coin only as btc would be illegal in that country in such cases more and more country if started doing this the price will also fall of btc and thus people might shift to something else in such case.

Yes I think government can do that they can kill bitcoin in their country just like what other countries do with bitcoin, because some counties like china is now doing that.

I think that a government with a lot of power can seriously damage Bitcoin obstructing its distribution and persecuting those who use it.The way they do it. Of course, a government ban can push people to go away from bitcoin, perhaps they can dump the price with their laws against btc, But definitly not kill it

the government can not kill the bitcoin because people control it so and not the goverment controls it so they can not kill bitcoin ever.

I think government has the power to control but not to kill bitcoin at all, in fact we hear some news that government are warning people about investing in bitcoin and some other negative comments about bitcoin. Since it is already widespread all over the world and lot of people are engage with it, and lot of people are relying especially those who are unemployed because they got an earning through bitcoin so we can say that government cannot directly kill or stop bitcoin because of the people.

There's no chance that government can kill bitcoin because no one is holding or controlling it. They cannot turned down the internet too because a lot of people will get angry to them. But not accepting bitcoin is there last chance to stop it because not allowing bitcoin in any country means that it has no value at all because it's useless.

I think government can't kill easily the bitcoin because it is decentralized and no one controls it. It can operate without the government or bank oversight.  Some countries also like from where i came from, made bitcoin legal.

The government will never be able to kill bitcoin because they do not have control over it but people can just kill bitcoin without investing in it and it's going to crash.

Bitcoin is designed to be anonymous and stateless means no government can control it.  It is famously decentralized so everyone in all over the world can use it and could send it anywhere without the middle man or regulatory body giving it the go-ahead. For me personally, i believe it is impossible for them to kill it.

It could be that the government kills bitcoin and creates a new currency. But the new currency will certainly not be the same as bitcoin, in terms of functions and benefits will be different. Not necessarily can benefit users such as bitcoin provides a huge advantage to users. The interest of people who will join is also different, the number of people interested in the new currency is not necessarily as much the interest of people who want to join on bitcoin.

I think government can do whatever thay want even killing bitcoin or drag it down because government can make a law or policy that bitcoin will not be used to their country, because if something will be threat to a government they can put down just by giving order or to make a law just to put it down.

Yes, they can if they will not accept bitcoin in their countries. It is always depend on their governing rules and policies about digital currency usage in their countries.

Everything is possible and yes governments can kill bitcoin if they thinks bitcoin does not evolve these financial status

I think they can since government can regulate how people will be able to convert bitcoin to extent that it can be used in their nation. If they ban bitcoin then it will greatly affect a huge amount of investors thus affecting the market, though of course they would have a hard time regulating bitcoin users but it will surely hit hard the market.

Of course the government has the power to do so. But I think this will not do the Government because bitcoins help people especially those who are poor like me. I wonder if this could be the reason for controlling its price as in China where many people have been losing due to wrong information they are receiving

In my own personal opinion, it depends because there are now a lot of countries started making bitcoin legal to them so there are low chances that they could kill bitcoin or cryptocurrencies. But i think the government could run bitcoin if or take over of it, which i would disagree because the government would put a tax and stary corrupting it, so i will not earn the same amount of bitcoin ever again.

I think in future all governments will move to crypto so its not killing but they will be part of crypto. So we will need to adapt with time too .

of course not. governments cant kill bitcoin because bitcoin is not the same as fiats that they can controll easily. bitcoin is a decentralize currency and it was built online. that simply means it cannot be modified or damaged by anyone even the greatest hackers. governments can only block websites and ban the exchanges offline but not all countries restricts bitcoin. majority of countries are still operating bitcoin , so i guess bitcoin can still developed because many people use it for their daily lifestyle.

I think the government can only prohibit its people, not to play Bitcoin. but the government can not just kill Bitcoin, because bitcoin comes with the internet, as long as there are internet people will find a way to access Bitcoin.

Yes, there are very few reasons for governments to kill Bitcoin. As the popularity of Bitcoin has diminished, the power of banks has increased. Governments and banks are in a close relationship. That's why there are now problems with Bitcoin's freedom.

If the government wants to end the existence of Bitcoin, the government must hold and manage it. But as far as I know, this is something the government can not do. Bitcoin will be very difficult, if all countries simultaneously do not accept it. But I do not think so. Bitcoin in particular and Cyptocurrency is an indispensable trend. Too hard to stop Bitcoin.

For me government can't kill or ban bitcoin becausw there are so many people who make their life better because of it. All of the users or worker here don't let anyone to destroy it because we all know that many people being helped by it

I dont think so but  government can kill bitcoin maybe someday because in other country they ban bitcoin. But all i need to do is enjoy using bitcoin and just Ignored it.

If a government is not allowed to play Bitcoin or invest in it it seems like it could happen and make Bitcoin a less functional one in that country.

If the BTC can be killed, BTC would have been destroyed a few years ago. Instead, I think BTC can exist for decades.

On the business itself, a very significant part of our life is played by the government and they can literally forbid everything, not to mention the fact that even though there is democracy, it is suggested to our eyes that they are blind.

Yes governments can kill btc. Government are the one who is responsible in all the happenings in our society and in our community. Government can remove any sort of illegality and illegitimate transactions, connections and other works and actions that big people does. Many illegalities are made because they use digital money and btc or cryptocurrency is involved in those crimes so i conclude that government can really kill btc.

No, the best bitcoin to date is because many countries are receiving bitcoin other than the US government because of the security in transactions and the very low cost so that the level of trust of the world people prefer bitcoin.

no one can kill bitcoin, now bitcoin price is down but in my opinion this is only temporary, now is the best time to buy bitcoin and altcoin because the price is going down, and my estimate in mid year the price will go up

I think government support is actually very important in crypto world. But without government support, bitcoins still able to survive. All the years back then, bitcoin can survive, i think now and future also can.

NO because Bitcoin not under any government its digital currency and many government support Bitcoin, then you can say never.

No, it can not be done, but it can not be eliminated. In big countries such as Russia, America, business from Bitcoin has started to be made, which makes its digital currency, but I believe that bitcoin will not be able to stop the currency because bitcoin is already owned and Spreads around the world

Bitcoin is a famously dececentralized cryptocurrency, I think the government can  stop or kill bitcoin like China.but is was so difficult. because many people against government decisions if they try to kill bitcoin operation

This is quite possible and in general the most likely scenarios for the future. When a country comes to accept some crypto currency for its official currency, I am 100% convinced that it will not be a BTC, but it will be one created by the government.  :)

I think governments can not kill bitcoin or cryptocurrency at all , but they could make a lot of problems for bitcoin and for cryptocurrency also with bad regulations , ban cryptocurrency at all or big taxes and etc.

As for the business itself, a significant part of our life is in the hands of the top leaders. they can be at the government of the century.

Yes government can kill bitcoin. But in my own opinion they did not replace it on other cryptocurrency. Like in Phillipines I think our government cannot afford to have another own cryptocurrency and if Philippine government kill bitcoin the main reason of this criminality because I read some news that many of netizen are being a victim of investment scam that use the name of bitcoin. And other reason is bitcoin can affect the flow of money in the country. And I think other country kill bitcoin on other reason not to replace it on other cryptocurrency because their value their own currency as a trademark of their country.

The recent days hard regulations into implementation were to eliminate the usage of bitcoin from different levels. This is an impossible task, because even after hard opposition it has got more support from institutional levels making it grow forward and spread the good associated with it.

it is impossible for the government to kill the use bitcoin because there are so many people and community that protects it from people that are trying to kill the bitcoin and like these pas day they only spread fud news and other stuff to scare people but the fact that the bitcoin community is strong and getting stronger than ever before.

Yes they can. They have the ability to stop bitcoin. Just like what happened to other countries were bitcoin was banned, the bitcoin users doesn't have a choice but to just let go of their coin or they will lose it. Imagine if all the countries banned bitcoin. We have no other choice but to follow the government. It will be a hard task for them but they can do it. China has done it already.

I hope its not because if bitcoin will kill by government how about other people who will used bitcoin to buy their needs and foods. Because government cant give the job for the other people so they used bitcoin to sustain their daily needs.

As far as I know government of every countries has a power to control or to destroy bitcoin because government they can ban bitcoin, they can discourage people by spreading negative news about bitcoin but for sure they cannot stop the people who believe in this technology.

How could they kill bitcoin ? When bitcoin just released every government told that is fake scam and illegal just remember but they didn't kill that because its decentralization system , you need to kill all miners and holders to kill bitcoin :)

Governments in any countries could not kill bitcoin because the maker of it is the only one who can kill and destroy bitcoin and make it dissappear. Why do they need to kill bitcoin if their economy will benefit from it? Governments can only prohibit bitcoin but it will never destroy crypto like bitcoin.

I agree with you, bitcoin can't be killed. They can crashed it as they say but they could not kill it. The popularity of bitcoin is on the steady rise and it is just a matter of time before countries will realized the benefits that bitcoin brings.

It is way too complicated than the US, Russia and other countries think. They cant easily kill or desecrate bitcoin per se. As a matter of fact, these countries can create their own cryptocurrency but they cannot get rid of bitcoin since the latter is already established.

I don't think so that government can kill bitcoin because as far as I know bitcoin is still the strongest cryptocurrency up to this day and even in the future. As I observe a lot of countries banned bitcoin but still bitcoin stands firm. So bitcoin will still be the tough coin ever no matter what government can do do to end it.

For me, government can eliminate Bitcoin only in a particular country or place. However, it
will never be dead in a world full of digital system, unless all networks all over the world
have been shut down.

On the other side, if you imagine when government and bitcoin community will join forces
to improve the quality of life in the society. I think the world become somehow better and
productive.  ;D

They cannot kill bitcoin, to kill bitcoin you would have to kill the internet and remove it from existenc because wherever there is internet, there will always be bitcoin.

That is a big NO. Bitcoin is not established on a policy that any government can kill. Government cannot even regulate its price. Let's all be calm and cool minded. Cryptocurrencies have come to stay and stay permanent.

As for the business itself, a significant part of our life belongs to the government, and they can prohibit much that enters our periud existence....

may be I think the recent downtrend of the market is manipulated by the government. They control it, manipulate it.

Governments have a huge role in the quick success or slow progress of bitcoin. But to speak of killing bitcoin, I am absolutely aware that no single government can extinguish it.

I don't think the government wants to kill bitcoin. Bitcoin is still the king of the entire encryption market. The government just wants to get into the encryption market and get some profit. If it kills bitcoin, the whole encryption market will collapse, which is not good for the government. And I don't think the government has the power to kill bitcoin.

Of course they can, because anyone who has access to the Internet has the power, and the authorities want to control everything, but to control bitcoin you need to have a lot of money

Bitcoin is growing rapidly and I think that everything is possible for the fact that it will be at the price
that everyone is waiting for, that is a big one.

Not actually. But they can manipulate it in their country by the means of putting some tax to the investors or any holder that has bitcoin and how can they do that?by simply putting some tax when you convert it into fiat. By withdrawing your savings from bank. Its a oppotunity for them to have extra funds.

No one can kill bitcoin even the government, because bitcoin is the core value, it is the social progress that helps society grow !

Nobody could kill bitcoin now because its decentralization system and will work until every computer and miner will delete wallets and stop mining and support network work , only after that bitcoin will die.

Yes bitcoin is the independent currency and it is not in the control of the government at all. People are investing and making bitcoin high, so I think it will not be ban according to the will of government at all. They will not kill bitcoin because they know that bitcoin will be the future of country people. So no government would ever try to ban or stop the growth of bitcoin in their country, bitcoin is improving day by day with price and value because investors are investing in bitcoin currency, so it is unstoppable investment right now.

No Government can kill bitcoin though they could form a policy that will affect it negatively just to make people loose interested in it.

Isn't it obvious Bitcoin is a different thing and governments have no control over it even nobody can hack it. It provides Minister get security and awesome networking which everyone needs but Government and higher authorities cannot provide service. I think the answers are already in front of us. people should research on making the stuff which is much more secure and user-friendly rather than using all those old junk. No offense but in many countries like Asia technology is still at their mid-age and not many people are fully aware of the power of the internet till now. All the news Facebook and WhatsApp and some other features but they are not developers or they do not interact with the open world like us.

Of course government can be kill all cryptocurrency. But government cannt kill user and all transaction use cryptocurreny. cause its so difficult and so hard to makes all people not use bitcoin or cryptocurrency. As you can see in some countries bitcoin is prohibited and banned by the government but all activities or transactions using bitcoin keep going

Bitcoin Cash was nothing but a hand grenade killing/maiming every coin and investor within a 15m radius.

Bitcoin can stop by goverment?
Maybe not, because in the other countries this use bitcoin already to buy item,to pay and to invest to there business.
But there have 3 big countries do not want bitcoin because they want to have their own dugital currency.

The main point of the cryptocurrency is that the governments can not control it! Then I see the question: 'Why?' ;D

the government has no authority over bitcoin, the government can only set rules without being able to spread bitcoin let alone kill bitcoin, it is just a statement that will not happen, because bitcoin will keep running and bitcoin is not made by the government.

Government can not kill what they dont have outright power over. though government has a big roll to play when it comes to policy making in a country but as far as bitcoin is concerned it is a decentralized currency which cannot be only control by a single government. so no country policy can kill the existence of bitcoin the worst a country can do is to ban it from being used in their country and that can not determine in-existence of bitcoin.

The administration will never have the capacity to slaughter bitcoin, on the grounds that bitcoin is currently a standout amongst the most productive coins. so I figure the administration can just cutoff the tenets without having the capacity to execute bitcoin, in light of the fact that after all the bitcoin isn't claimed by the legislature and the legislature does not have the expert to wreck or slaughter bitcoin.

Yrs of course and unfortunately this is the thing that many govenements try to do it but i believ that the bitcoin will survive againts them

I dont think so,  bitcoin has been there for how many years.  It is being used by many users from different countries. Their new currency may help to promote more about btc since it is also a digital currency.  It will help to open their minds and finally accept btc all over the world.

Of course, the government has the power, the government has the authority. the government can make rules to ban people playing Bitcoin, they can sanction their people if they violate the rules made. if the government wants to kill Bitcoin, one way I think it's powerful is to block all Internet sites that are related to Bitcoin, then close the existing trading market in that country. then stop the Cryptocurrency activity, and kill Bitcoin.

Yes, Governments have no control over bitcoin. If they had control over it, they had killed it before. Now they are only trying to make some rules. Also, some governments are trying to make the people uninterested in bitcoin. That's all they can do.

that's unlikely to succeed as it would only seem like a stock on the stock market that you invest in because if its government controlled that means it cannot be decentralized and they will of course have measures in place to monitor its growth and also who the owners are thus making it not anonymous. so it would become a regular investment instrument so to answer your question bitcoins cannot be killed or replicated by any government institution as government institutions by there very nature requires checks and balances and some amount of traceability and accountability.  

A government of a single nation cannot just make Bitcoin collapsed.  Infact there are countries that banned to trade bitcoin. Even the whole world banned bitcoin.  They cannot stop the blockchain from processing unless they can locate and stop the miners.

Yes but they can somehow make their own private currency.
Have you seen USDT? It is like a currency of the government that doesnt even fluctuate. It is as equal as the USD that is made online.
Some day that token will blow and they will be losing all their money investing with it. They thought they have already escaped the dips. But now they are under the surveillance of the government and anytime they can take it without people knowing they are the one behind it.
It will just be a manner of time.

Yes, the government have a power to kill bitcoin and replace it by there own currency because government don't have any profits in bitcoin that's why they can replace bitcoin by the power of governments, but it is not to easy because many people are going to disapoint if government kill bitcoin.

No, but they are going to try, now they're not going to be able to replace bitcoin with their own crypto currency, what they are going to try to do is to regulate bitcoin to the point where no one will want to go to the trouble of using it, if you do not believe me you only have to look to US citizens which are not accepted in any international banks due to the heavy regulations they are subject from their government.

That is not a true , if government will make own local crypto currency they will just use them like fiat money to change on bitcoin like in Russia they want to make crypto ruble and citizens will must buy fro fiat firstly this crypto ruble and after change it to any crypto on government crypto ex-changer platform.

In fact, the government does not have the power nor the ability to kill bitcoin. To get rid of bitcoin, you will have to pay through many stages and have good reasons to kill bitcoin.
Bitcoin is a new trend in the world, it brings a lot of profit to the participants. So we need to believe in the bright future of bitcoin.  :)

Government cannot kill crypto. It's borderless. So they can just put a ban on it.

I don't think the government can kill bitcoin, bitcoin is decentralized, the government can't control bitcoin, so it's hard for the government to kill it. Some countries are issuing their own digital currency because they see the development of the digital currency very well, and they want to gain some revenue from the digital currency.

Absolutely Yes they can kill bitcoin anytime they want,  it simply because they are the head of their state,  if they think bitcoin is harm their own economy will they can kill bitcoin  as well as the good of all  of their country men and economy.

Bitcoin is has no boundaries even if  the head of state don't want bitcoin to proliferate in their country but still he should protect also those people who patronizing bitcoin.

No, definitely they have authority to kill bitcoins but only in their own country. They can’t just hurt bitcoins over other terrorist or generally as a whole. Reason is, bitcoins are decentralized. No one can even touch them or hurt them if they would be in physical state. So absolutely they can’t make anything harm to bitcoins but in their own country, they can pass a law which sentences all those who uses bitcoins.

The problem is can they beating the popularity of Bitcoin with state-owned Digital Currency? Bitcoin it's for worldwide but maybe their own digital currency will only be used in their own country. Maybe they make their digital money just for replace their payment system becomes easier.

There's no way a government can kill bitcoin. It isn't controlled by them and is decentralized meaning no one can control it. Even if the governments come up with their own coins still Bitcoin won't lose its value cause the coins the governments are going to develop are going to be centralized and controlled by the governments while bitcoin will still be decentralized.

In any case Bitcoin has already entered the history as the main cryptocurrency. Just a lot of countries, where huge wealth is accumulated, do not want to let it into its territory – then there will be no sense in their money. Well or their governments do not understand the very essence of cryptocurrency.

yes ofcourse if they wish to they surely can. Its that government can not stop bitcoin from flowing through the private key wallets but they can stop people from using exchanges and all. If they are able to stop these exchanges normal people will get less motivated to use it as it will only be useful as a currency in transferring bitcoins. But governments will not get any merit from doing this thing as all they will kill is their own taxes. Governement cannot kill it but can permanently deplete its value which in itself can be said as killing it.

In an interview on the Central Television of China (CCTV) - the main state television company of the country - Al Hae, the former head of the Bank of China - one of the largest banks owned by the Chinese government and a member of the People's Council, said that the Central Bank of China should try to regulate crypto-currency companies and the actions of digital currency users, rather than trying to stop the adoption of bitcoin by force.

Obviously it would depend on how bitcoin runs through out the country. Mean while bitcoin is just a digital currency but there are lot of investors would gather to make some effort on giving their time and exchange there savings to have more reliable alt and in return such profit.
And government stop this if this would used in an maliscious drags etc.

bitcoin is the international currency. The advantage is decentralization, the government will only have a positive impact on bitcoin. Indirectly, these governments agree that bitcoin is a good technology or at least the idea of digital currency is appropriate for this century, I think yes, maybe bitcoin can be killed or stopped by the government especially when they are united. Bitcoin and its technology are innovative financial systems that are more efficient than the banking systems we have today, just by coincidence that banks are controlled by the government. What the government can do is put the external forces into bitcoins where its people will not be able to use bitcoin into the next century ...

Yes, the government have a ward to preclude bitcoin in their state. I realize that bitcoin is configuration to work without a central bank and furthermore that is the principle point of bitcoin cryptocurrency that administration can't control so it will wind up cruel to some administration parts to preclude bitcoin.

If the government wants to remove Bitcoin then it will be able to remove it because the government has all the powers. Maybe Bitcoin can not finish alone. This will require the assistance of all the countries. Bitcoin has been used for many years. But the number of users of Bitcoin has been growing so much that the government has become entrenched and trying to ban Bitcoin. But unfortunately, no governments are trying to understand the advantages of Bitcoin.

Government authority can kill bitcoin in their respective countries, by policy and programs that will kill bitcoin direct and indirectly, but as I always said it bitcoin can't die, is a decentralized crytocurrency which no government has control of its.

Honestly, even if govts ban Bitcoin, people will still find a way to make use of it. They may be able to lessen its users, but not totally kill it.

i think is very hard for the goverment to kill bitcoin, you know bitcoin is like a people itself, and goverment can't relay when rebellion held by people
killing bitcoin is mean killing people choice, they will not killing bitcoin instantly but slowly with some scheme, but i think if they thingking bitcoin could benifit for they, why not

No The elimination of Bitcoin will not be possible for the government alone. The King of Bitcoin Online. Before finishing Bitcoin, the crypto must be completed before it, which is not the work of any government. Maybe the government can cancel Bitcoin in their country. The government will succeed in this. But killing Bitcoin will not be so easy. Bitcoin is managed by the internet. As long as there is internet, there will be Bitcoin.

In addition to this, nobody can really anything or remove any kind of stuff from internet. Bitcoin is a digital currency. Even if the government of whole world decide to go against it, they would fail in eliminating it. It is decentralized in nature due to which it comes under no one’s control. Besides, not all the countries are idiot. Japan is fully supporting bitcoin and it truly admires this currency.

nope, since they don't own any bit of it

Don't be too sad about the governments.
Remember that Gold was forbidden to be owned by person in USA, while gold will never be killed.

Yes its true, if the Government can easily kill bitcoin i think they kill it before the bitcoin is not popular. Bitcoin cant easily kill because if its easy then it already replace by another crypto currencies, because there are lot of people wants to copy the format of bitcoin but they cant do it.

No of course governments cannot kill Bitcoin, they can only produce legislation to restrict its usage within the borders of their own country. Let's also remember that governments change every few years in most countries so even if a country has a negative stances now that can completely turn around after the next election.

Government can obviously ban the cryptocurrency exchanges since they have the power to do so, but in no way they can "kill" the bitcoin.
The main reason that government quotes for banning crytos is that it makes easy for people do do money laundering since the funds of a country can be easily sent abroad. But, that is not really the case. The majority of the people that deal on local exchanges are the ones who complete their KYC and do small term trading. By banning such exchanges, the government is only encouraging people to find an alternative way of trading by registering themselves on foreign exchanges.
As a result of this, a lot of people would like to open foreign bank accounts and move their funds over there. This way, money laundering would be done even by those who initially didn't intend to do it.
So Bitcoins being banned by government is not really a positive move and will have its own consequences in future.

no government can kill bitcoin. the blockchain technology was not designed to be  manipulated by the government agencies or by the global financial laws as it is a stand alone technology. one of its motives is to decentralize the financial way in which the government regulated financial policies. thanks

I agree with you, because when I see the current Governments in some countries have issued regulations that limit values thus making the bitcoin continued depressed, but guys don't have to doubt all will definitely be running smoothly back along with public confidence towards the bitcoin

countries like Russia and US making their own digital currency to fight with Bitcoin, but it is not in line with the purpose of the blockchain, and i think Bitcoin will not be killed.

The government's ban on bitcoin will end in failure!

Because bitcoin is a new form of payment, it makes it easier to get and sell goods through BTC. BTC makes trading more convenient and faster!

They would have to kill the internet if they want to kill bitcoin but we all know that is not possible. The best thing the governments can do is to put regulations in place for the trading of coins to control the market.

Basically regulations could be adopted to monitor and control the crypto exchanges. A government has the purchasing power to buy up large quantities, drive the price up then sell and collapse it, thereby massively increasing volatility. These market fluctuations could be aggravated by a covert government programme of destructive funding and public disinformation. This would make doing business in any cryptocurrency more difficult.
I don't think that any government is interested in "killing" bitcoin, but rather in regulating it, having more control on it and so limiting any form of "abuse".

I am believe that government can not kill bitcoin or other cryptocurrency because bitcoin system is decentralized. Bitcoin growth because community and people who believe that bitcoin can bring new monetary system.

They won't and can not kill bitcoin but they can make bitcoin less effectively or do something to control it.
They ban ICO, exchanger, trading,...

If desired, the government can develop its economy with the legalization of bitcoins, and miss this chance and stay in the outsiders.

Yes government can kill  bitcoin with enough evidence that it harms their citizens. Like here in the Philippines, bitcoin might be banned and it is because of the people who uses as scam to gain or to outweigh other citizens.

this might happen and make a lot of competition, and there will be more resistance from the government if they already have their own digital money, but I am sure Bitcoin will become more popular because of the competition.

I don't think that any government will kill Bitcoin and that isn't even the intention.
Regulation attempts don't have the goal to destroy Bitcoin or other cryptocurrencies but to define some rules and policies that could actualy help Bitcoin to grow.
So all this governmental actions in many countries are often seen in the wrong lite and often exaggerated in their intentions.

Control is not the word but keep on being used by the people in a country making Bitcoin less in demand and having a and dump at that state. If Bitcoin is continuously dropping, it is expected that people will either take advantage of it or leave Bitcoin alone.

Yes, I think you are right, according to the increasingly worsening situation, this news comes to us and the Crypto money world is very badly banned. Bitcoin banned the good blocking of the states every bitcoin trade will hurt the community whatever it is that it will hurt the community.

So far, we have seen the actions taken by the bans, the bitcoin restrictions imposed from Korea, China have their purpose. It seems that the great success of bitcoin, eth and the crypto market are gaining interest from governments by substantial revenue streams. Their initial plan could be to motivate and enable their domestic coin to grow. At least for me it is ICX and NEO tend to grow and more and more investors are interested.

Simultaneous ban by many governments Probability (next 5 years): medium to low Effect: instant loss of relevance States can not destroy bitcoin because of its decentralized arrangement, but can control and limit its use in its jurisdiction. For example, you can close bank accounts of crypto companies, and in general create a business related to crypto currency. At the same time, if such a ban is adopted only in some countries, its effect will be limited - the business will simply go into more friendly jurisdictions. This is exactly what happened when last year the Chinese government banned the country's crypto-exchange exchanges. It is likely that other governments will follow in the footsteps of Beijing, but in my opinion, a global ban is impossible (imagine the achievement of such a consensus in the UN). In addition, bitcoin is already legal in Japan. Nevertheless, if the United States, the EU, the United Kingdom and China introduce a joint ban, it will be very dangerous. However, it is more likely that they will regulate the crypto-currency market in order to protect individual investors and collect taxes.

I do not think so. bitcoin will always remain in use, but it may have a bad effect on bitcoin, as the price decreases, and the quality will be bad. I think if that happens, only anonymous investors will remain.

I agree with this, Bitcoin cannot be controlled by a Government as long as there is a big demands and enough supply Bitcoin will go on and continue to rule in digital currency.

Governments can NEVER kill btc.
Even if Government are the one who is responsible in all the happenings in our society and in our community and can remove any sort of illegality and illegitimate transactions, connections and other works and actions that big people does, but Bitcoin is not among them.
Bitcoin is decentralized!

Bitcoin runs on the blockchain platform. This is a great security technology application. So I think instead of killing it, why not develop it? And even if the government does kill, I think it will not be destroyed.

Government connot kill bitcoin, however they can stop there countrymen to use bitcoin. Example of that was the country of China, the government of China totally banned the uses of bitcoin.

I think they can't kill bitcoins but most likely, they can ban bitcoins. They'll probably ban it and replace it with their own currency so as to remove competition and possible financial instability in the country. They can also ban exchanges to prevent bitcoin movement in the country.

I think they can restrict and pinch the bitcoin and crypto market. However, that will not prevent bitcoin from working and evolving. It is difficult to control whether users or investors can transfer money or pay for goods. I totally do not expect that to happen with bitcoin and cryptographic markets.

That might happen, because bitcoin can be a threat to each country and can change the currency in every country. But bitcoin is still a developmental stage so now it can not happen.

yes government can kill bitcoin but not alone.if government wants to kill bitcoin then first of all government has to made aware general people.next they have to banned bitcoin in their own country.at last they have to made a strict law against bitcoin.thus government can be able to kill bitcoin.but i don't think that it will be implemented in a short time.

Bitcoin is a big  financial threat. But they know how effective and relevant it is in the present times. They for sure look for a way to control it if they cant yes it is very possible that they will destroy something that they cannot take control.

A potential threat is always an enemy of the state. If they cannot find a way to regularized or control bitcoin then it is a big possibility. And i think the present attact of bitcoin is their doing.

If necessary, governments can do anything. However, they need multilateral solution of G20 at least, to try to significantly damage  Bitcoin. Now such a scenario would be unlikely. I believe that governments will try to benefit from Bitcoin to varying degrees.

Even if they try , they will not succeed. They can have their own cryptocurrency but bitcoin will remain.  People are supporting bitcoin and for as long as there is cryptocurrency there will always be a bitcoin.

I don't think that they will implement such coins real soon. To be honest the current crypto market itself is struggling a lot since many years to get into the nationwide payment structure. That was it's one of the principle when it was created in the first place. I mean they tried to make it secure and anonymous and for the peer to peer transaction.

Now you are saying that government wants to create their own crypto currencies, but I ask why is that so? Why make more mess if they already have fiat to look after? That's just meaningless gesture in anyway and it's not gonna be worth it.

Hello everyone, a good question, in Russia they are trying to prohibit the use of crypto currencies. I do not know what it will lead to

I think really that many governments in different countries dreams about the possibility to put cryptocurrencies under their control. But as we know it is almost impossible to do at least for now.

naah! never! government cant kill bitcoin but they are trying best, they will not successful.
Old government very afraid from btc. banks also in danger because use of btc increasing day by day, banks will be destroy if btc unban from the all countries.

Just curious, what is the most crypto-friendly country at the moment? In terms of cryptocurreny, of course

Bitcoin is decentralized and can not be killed as it has shown that surviving in such situations when you start from scratch is very hard ad Bitcoin has gone through that situations now the time is very good and favourable. If Bitcoin has survived in that situations the today killing Bitcoin is impossible for Governments but possible for people. You must be thinking that why people will kill it but can not because Bitcoin is the well and wish of people so it is impossible and not an important question to ask.

I'm interested in this topic. Well, I'm also curious how they can kill the bitcoin that has been spreading around the world. Maybe they can create their own cryptocurrency and force the societies to stop using or involved in bitcoin. But, it cannot make the bitcoin killed when there are still many people around the world involved and investing in bitcoin. They may influence the price or existence, but, to kill the bitcoin, it is difficult and it really needs a big effort from them. Because now, more people support the bitcoin and use it for valuable things.

Every government have the power to stop bitcoin operations when they amend or create a law for totally banning of bitcoin to their jurisdictions .
I'm hoping that my country could not do that.

I believe that the government will not be able to kill bitcoin, for this they will need to unite and have the same position in relation to bitcoin. But many countries have a positive attitude towards bitcoin, so it will not be able to kill.

They cannot kill bitcoin, but they are trying their best to try to manipulate the market and the people holding cryptocurrencies, they are trying to scare people away with all the regulations that they are imposing, I'm sure that the regulations are going to be so complex that you are going to need several accountants and lawyers and most the time people do not want to deal with that and they will avoid cryptocurrencies as a result.

No, bitcoin is decentralized system, even government cannot kill bitcoin. No one can control bitcoin.
Even if government have regulations about bitcoin, it will not kill bitcoin.

For me.yes if all tje governments all around the world will banned it into the market because in that sense the bitcoins will not.run anymore and the people cannot use it because it is banned but maybe it can be used because there wjll always be an illegal activity but they will lose a lot of people and the price will surely fall down too. But lets not forget that yhe Japanese is really supporting the bitcoins so that thing will not happen in.real life. Noyhing can stop bitcoins if there are still one country who supports it.

Governments have no control over Bitcoin but have control over people and can not change or amend Bitcoin but can make amendment or can pass a law to ban Bitcoin and other cryptocurrencies in country to prevent people not to use cryptocurrencies. In my assumptions I have concluded a main point which is about the growth of Bitcoin; from now if there is no such country allow Bitcoin for its people to invest then there is no affect on the Bitcoin because Bitcoin is already using all over the world and some countries have adopted it fully so the future survival is valid and the and then lasting of Bitcoin is invalid.

I don't think any government can totally kill Bitcoin but they can hamper it's growth or even reduce its value. They'd do this through two mechanisms: legality and bank regulation. Banning bitcoin would remove a lot of the 'honest' investors and thus reduce the value; it'd push bitcoin into the fringes. For instance, big investors and even institutional investors would be forced to cash out into fiat.

The big hammer governments have is through banking regulation; imagine if governments around the world forced banks to sever any connection to institutions that purchase bitcoin, such as Coinbase. If Coinbase couldn't receive fiat from banks that'd dramatically push purchasers away. The only way to get bitcoin would be peer-to-peer transactions.

Together these would dramatically lower the value of bitcoin and to me are the biggest threat to long term value storage. If neither of these happen then Bitcoin will just continue to climb in value.

The government of different countries see it differently. In any country, the government sees Bitcoin as its economic development, but one sees it as a loss. But most of the governments of the governments of this country will see it better. And if the country's head of government banned Bitcoin, There is no good idea about them. They banned Bitcoin in their country and could not stop its work. So B Are coins and will cilo.

I think it will not happen, if the government wants to kill bitcoin would have been done for a long time. his real bitcoin has lasted for 9 years. bitcoin has been designed not to be easily destroyed by a government. its decentralized system makes the strong bitcoin unmanageable to anyone.

It will be difficult for them to abandon bitcoint, all the same the majority of the population will start using bitcoint. But if the government tries, they will cover the bitcoin

What government can do is only make trade regulation on bitcoin transaction but government or central bank can not control it because bitcoin transaction data spread around the world and in many computer

I don't see any reason why governments will even try to kill bitcoin. Cos, bitcoin have nothing to do with the governments.

Definitely yes, governments can kill bitcoin or stop bitcoin but only in their jurisdiction or country. We all know that some countries or government already kill bitcoin on their land or country. They are their different reasons for doing that and the people of their country can’t do anything about this because we are all govern of whatever kind of leadership we have. Here in our country we are just luck enough that our government is not against with bitcoin and our hopes are so high that they will not do anything or plan to kill bitcoin here in our country.

If the government came up with an improved crypto currency, which was open source and decentralized, then I would be fine.

Governments have begun to pay close attention to Bitcoin. They see the benefits of Bitcoin and the potential of Bitcoin in the future. The non-governmental nature of Bitcoin, which deals with the taxation of Bitcoin activities in disputed countries. As far as I know, governments are finding solutions to the management and taxation of Bitcoin activities. They will not replace it with another crypto. Bitcoin will grow stronger.

I think yes,Government everywhere do the bad job of it.but not for lack of conscience and effort,rather more for lack of  humility.They will never be up to the task of central planning.

What I worry about is governments shutting down the exchanges that convert bitcoin to local currency. They can make it illegal. I wonder there if Bitcoin can survive that, if people will be willing to use Bitcoin exclusively to buy and sell goods.
 

Yes, The government has a power to control or kill any activity under it's jurisdiction most especially if it threatens national security.

In my country Bitcoin is banned by the government but there are many investors involved in these currencies, it can be said that the virtual currency is making the economic market trying my country more developed but vice versa The government feels very uncomfortable when these currencies are in the market.

right. The government can kill bitcoin. Countries are stifling the development of bitcoin. They can forbid bitcoin to work. countries like China, China do not want to bitcoin activities. They are releasing their digital money to counter bitcoin.

if government bans the use of bitcoin it can be stop or killed sad to say the government still has its power.

I do not think that US government will do this. Some of the countries like India have made an statement that they are thinking to launch their own crypto but I do not see much potential there because:

1) Thy are calling crypto bad and thus banning bitcoins. Then if they launch own coins, who will have trust on this hypocritical attitude.

2) Since, they are banning other crypto, what will their coins compete with. I think that it is because of comparison and competition only, bitcoin gained so much popularity.

Maybe some of the country's government can kill bitcoin but here in our place, no one can kill it. Not all governments in the world have the power to make bitcoin gone in our lives. If more supporters bitcoin have, it can help to be strong enough even if they will try to defeat it and make bitcoin disappear in mind. So let's be united to help and to maintain bitcoin in this world.

Governments of many countries have been keeping a close watch over bitcoins. They certainly feel the threat from it and thus wanted to stop it at any cost but technological aspects that are running it is somewhere out of their hands and not easy for them to understand or ban the encryption behind it.
Thus there's not much anything they can do about it and can't stop it.

but it does not kill bitcoin entirely, only in the sphere of its government alone, so if that's what it means yes the government can do anything against bitcoin, but limited in the scope of its power alone.

of course not, the government will never be able to kill bitcoin because I think bitcoin is created because it wants to make one of the digital currency that will never be controlled by anyone even the government, if the government succeeds in mastering bitcoin then it seems bitcoin price will be made game by the government, but I do not think that's possible.

As we all know about bitcoin is that it can't be hacked and trace for the reasons that bitcoin is untraceable and untouchable for the reason that no central system takes control of bitcoin, it exidt on its own that's why I don't see them shutting down the bitcoin but I don't know what their full capacity either. So maybe they will, but they can't fully shut the system down.

Yes. Government can kill the bitcoin. In india  the government announced that all the banks are stop all the transaction related to crypto.so Indian government try to kill the Bitcoin.

That would really be hard since bitcoin has an unique codes in its creation. And the fact that its origin is really unknown even if satoshi nakamoto is really a person still no one knows his true identity and the place that he created bitcoin. Also the users of the bitcoin will also be a reason for the goverment to not ban bitcoin since the users will be protesting against banning it. And the fact that bitcoin could really help someone when it comes to moneytary issues is really hard. The only thing that they could do is to ban it globally and endure the peoples protest against banning it which is pretty hard.

Government cannot control Bitcoin because it is decentralized.  They have no way to  penpoint anyone who must be responsible of Bitcoin.  For now they cannot taxed it, they have no way tracking people to be taxed of their income in Bitcoin, so it is impossible for them to put and end to Bitcoin.

Well, they can easily open a bank account abroad and send the money there: maybe government will stop cheap investors  but medium/large can't be easily stopped

If they will find a way to tax the related economic activities, they will stop any plan of killing it  ;D

Yes they can,as in india rbi cutoff the money supply for buying bitcoin and other crypto currency there is huge impact on indian market due to this government action. if all other county also take such actions against bitcoin then there is possibility that bitcoin will die. so there is need to be regularized this currancy and ico so that people will buy and use crypto so that these currency stay alive.

Government everywhere do the bad job of it and What I worry about is governments shutting down the exchanges that convert bitcoin to local currency. They can forbid bitcoin to work and Bitcoin is banned by the government but there are many investors involved in these currencies.They will not replace it with another crypto. And that's all i know

this can happen. Governments can inhibit bitcoin development. They can forbid bitcoin operations in their country. The big countries like China, China do not want the development of copper bitcoin. They do not allow people to use bitcoin. They are releasing their country's digital currency to fight bitcoin.

They cannot kill it because it is on the internet and nothing on the internet ever really dies. They can just place bans on it and make it impossible to cash out to fiat.

Many countries have there own digital currency.  They didn't want to take lose for there own . So the want to kill or stop using bitcoin.  But it is not possible  because many people  in the world use bitcoin for there earning and daily needs.so government can't kill bitcoin.

maybe yes,if all government ban crypto and stop all website about cryto,the market will die but i think government want control crypto than killing crypto

I think bitcoin will never be controlled by the government because of the very little bitcoin supply but the very high bitcoin demand that everyone in the world wants bitcoin and all can have it but will never be able to control the bitcoin circulation.

Government cant kill bitcoin, because bitcoin is decentralized, it cannot be controlled by anyone. They want to kill bitcoin because bitcoin have potentials, and they think that bitcoin might be their greatest competition in the future. And also because bitcoin can be used in illegal transaction, like buying of illegal drugs, and trading of illegal things, etc., anonymously.

it could happen but I feel it will be very difficult because the one using bitcoin not only from one country but in the whole world and with its very much bitcoin enthusiasts at this time then it's in my opinion will be very difficult and takes a long time to kill bitcoin.

I dont think so but  government can kill bitcoin maybe someday because in other country they ban bitcoin. But all i need to do is enjoy using bitcoin and just Ignored it.

I don't think so but there is a possibility that this can affect bitcoin price. The more those larger country act and involve their country towards bitcoin is a bad sign for bitcoin's market. This could act as a threat for investors.

Bitcoin does not come under anyone control and it is really not influenced too much by the actions of any sort of authority. It has been on its own since ever. At most, any decision against bitcoin can slow its progress down for few days and that is not near to the efforts people put in bringing bitcoin down. If you ask me, such governments are just wasting their time here.

Yes, Government can do that by not allowing use cryptocurrency but Government cant make their own coin to use by the people because that is decentralized

Many developed countries want to create their own digital currency, and it is legitimate but requires a long and time-consuming process for one country to apply its own digital money, but to kill bitcoin is impossible, because the development of digital currency the world today can not afford without the presence of bitcoin in every country.

Difficult question. However, I believe that there is no sooner than yes. With a high probability, the future for crypto-currencies, and progress as you know, can only be slowed down, but it will not stop. However, this does not mean that the government will not interfere in any way with the development of bitcoins and other crypts.

Shut down the internet connection,by that,  the government can stop or kill right away the transaction of bitcoin. That is the only way they can stop the operation of digital currency.

Of course, they can kill bitcoin!!Why? Just buy more than 50% of all bitcoins) After that they will absolutely control it)

Each individual user of the network bitcoin can safely store his money on his computer, anonymously send to any part of the world and not be afraid that his account can be blocked if he somehow did not please the state or bank

i dont think so, that governments can kill bitcoin. perhaps they can dump the price with their laws against btc but definitly not kill it, because is not easy

Bitcoin is change our life, from rugs to riches. There are some people are bad impression in bitcoin. Maybe they did not know the big advantage in joining in bitcoin maybe they don't know how to earn big profit in bitcoin. Bitcoin is still stronger and fight for our future. I don't believe they can completely erase bitcoin in the game board. It will take more than political influence to do this.

well maybe it could be if the government
create a law for those who invest, buying and selling bitcoins will be imposed criminal penalties or fines
by making such a regulation likely to be a stirring news if any country makes such a rule
but well there does not seem to be any such rules
there will be some debate

There are some governments trying to oppose the BTC. But I do not think much about BTC, because other governments still accept BTC. and BTC will continue to exist. So please invest in BTC.

For now the possibility exists, as we know the impact of bad news and the closing market market in a country could have a big impact on Bitcoin. What I'm afraid of is if the big country is really illegal Bitcoin and many small and developing countries follow it. Hopefully it does not happen...

Some countries forbid bitcoin because they can not control it. They plan to make their own digital currency in order to be controlled. I do not think it will have much effect because Bitcoin has its own community.

For me its possible that government will kill bitcoin. Infact some other countries are in the plan of doing it. According to the news, India is about to kill bitcoin. They ban bitcoin in all banks. Bitcoin will become illegal in all transactions.

I don’t think so, they can make their own digital currency, but when going to international transactions they will exchange it with bitcoin.

Yes, but specific to its territory only.

I think of course the government can kill bitcoin, let alone superpower like US and russia. the government could have banned everything related to cryptocurrency, especially bitcoin, and with that no one else would want to invest crypto or save their money in the form of crypto, so that way the market would be ruined and there would be no cryptocurrency

I don't think anyone can kill BTC unless the whole BTC community agrees to do so. BTC is distributed and decentralized which means it's not under any single authority's control. But yes government policies on BTC can have a huge impact on the crypto market, as in Sep last year we saw a huge decline in BTC value after China ban ICO's.

Some large countries are quietly killing bitcoins. They seek ways to prevent bitcoin development. Their purpose is to kill bitcoin then they release their virtual money. This is why China prohibits the use of bitcoin

Bitcoins are not easily killed by the government. The government does not control bitcoin. If you want to kill bitcoin, all countries in the world must simultaneously block bitcoin. But I think this is totally unlikely

Indeed, the government can only limit the development of bitcoin. Some countries like China banned bitcoins, causing bitcoins not to develop in these countries, but it flourished in other countries such as Japan and Korea.

The bitcoin itself will no longer be killed by government. As long as the government has no access on the server of it, They will not control the bitcoin and it will still exists. Bitcoin is still in the market if the server will still have no plan in deletion of bitcoin. And i think, Bitcoin will exist forever.

More chances that Bitcoin will kill government :)

I dont government can kill bitcoin, they can only make the price drop drastically by closing many centralized exchange which people still have opportunity to use decentralized exchange in trading as government can not control decentralized exchange...

Government can ban the Bitcoin but cant stop the Bitcoin.Bitcoin have it own platform and peer peer technology based on Blockchain no need of third party or regulator authority to operate the Bitcoin.
It is good for government to legalize Bitcoin will be beneficial for the economy of the country.

I think the government can not kill bitcoin. They want to kill the bitcoin to create their virtual currency, but they will not be able to. Some countries recognize the potential of bitcoin and they favor bitcoin, because bitcoin helps them attract investment.

Yes sir! Their stories and tabloids they made up doesn't really have primary or proven source. All of them are just speculations and doubly true. If government will kill bitcoin, it will backlash to them. Instead of thinking of doing such thing, they should just support it and make it better and develop it more. 

Most likely no they can't kill bitcoin. Remember darknet, torrent and so on, all they can do is try to block these sources from us, but how can you block something which is decentralized, doesn't belong to no one, and has no boss or CEO ??? I guess most of Governments will try to settle a regulation around bitcoin and crypto market. Governments live by principle "If we can not forbid it, let's try to be head of it"
Not sure if crypto issued by countries will become that popular in near future, right now i know only one popular coin which is backed by oil - elpetro, cryptocurrencies which are backed by real product most likely could make it to stay on the market for a long time.

Yes but not in every country happening all this, growing market of bitcoin is making it good be like as in my government bitcoin is being support at very high level, for me bitcoin is best thing for the economy of the country, I hope this way if our government will support bitcoin then slowly we will get more stable in the world, and our country will appear as the strongest country in the  map of the world.

Yes government can kill Bitcoin and in many country their government already killed it. :o Yes that is true many country produce their own crypto currency in order to lower the reputation and market price of Bitcoin. But those coins are not as much as famous like Bitcoin. The main reason behind any government fear to Bitcoin is their country economy :-[. Due to decentralised nature it production and distribution is not stable,and this thing directly affect an country own currency value and also affect that country bank system and growth. Because of this reason Chinese government ban it  in their country. Bitcoin is also associated with criminal activity and due to this Israel government ban it in their country.  :)

No, government cannot kill Bitcoin. It can although restrict its usage. Killing Bitcoin completely is not easy as it has already spread over the world. Further, government cannot interfere in a decentralized concept. Bitcoin does not need anyone’s approval to operate. Government can introduce some regulation to the crypto market to make it more secure, which is, indeed, a good thing.

Unfortunately if a government really wants to kill the btc it is able to do it. Just a law that prohibits its use in commercial or financial transactions in some important countries and the btc would have died

It is way too complicated than the US, Russia and other countries think. They cant easily kill or desecrate bitcoin per se. As a matter of fact, these countries can create their own cryptocurrency but they cannot get rid of bitcoin since the latter is already established.

No they don't.  I think governments can block Bitcoin's development and make some bans. But no government can stop Bitcoin altogether. Bitcoin has been accepted by a large community, as if it were impossible to stop.

Yes, I agree with you. Government officials has the power to kill Bitcoin; they are capable to ban it so I guess they are also capable to kill it especially they don't anything from it.

Nope, I don't think so. Actually there's no digital cutrency in real life. Bitcoin is just illusion. Bitcoin is only alive in internet. Yeah, the government can banned the bitcoin in their country but it's not mean that the bitcoin is actually killed because there are many countries who used bitcoin even though the government banned it in their country

if it kills the bitcoin it seems so hard or impossible even. unless there is a state that can create its own cryiptocurrency that costs more than bitcoin. maybe just a lot of people who moved to the crypto .Essentially everyone they choose when investing in the digital world. which coin is more profitable for them. and so far bitcoin is profitable and its position is still no one can replace it .

Its almost impossible to kill bitcoin because bitcoin is decentralized system. Maybe they can reducing bitcoin holder by promoting their own cryptocurrency or by banning bitcoin on their country.

I don't think the government can kill bitcoin because it's decentralized, and as long as someone trusts and USES it, it will never die. If the government issued tokens without the user's approval, it would be worthless.

The main reason cryptocurrency can survive is trust.

until now no one can kill bitcoin including the government though. government efforts to issue coins alone will not have a big effect on bitcoin because bitcoin users are too strong to move on to another coin

They can ban in their country but they can not kill it as it is not possible for a single government to kill bitcoin and even after banning people will use because no one can stop bitcoin.

1. It's impossible for the Government to kill Bitcoin, Given that Bitcoin is all over the internet with no physical form.
2. They could somehow manipulate its people or the citizen that are engaging the in this industry, by somehow imposing some threats to totally make these people lessen there transactions or activities that has a connection with Bitcoin.
3. It's possible for the Government, to make their own cryptocurrency  given the power that it has. It could easily penetrate the market in their own country.

A government ban can make it extremely difficult for Bitcoin users to exchange their coins to fiat and vice versa. It may not be possible for the authorities to track the coins to the users, but once they convert it to fiat, it is going to be traceable.

I believe government has the power to kill bitcoin. If all the countriea in the world regulate or totally ban bitcoin then this will affect big time on bitcoin. If no demands or nobody use bitcoin then bitcoin will definitely die. But don't worry that is unlikely to happen. Even though the government ban bitcoin, people are still gonna use it legal or illegally.

If a bunch of giant countries got together and figured out how much they can make by devouring market share through developing an even more secure cryptocurrency, getting big partnerships with large corporations and shedding a negative light on Bitcoin, I think it would hurt Bitcoin a great deal, I don't think it will Kill it completely though.

,i think they can't kill bitcoin, because as far as i knew, the nature of bitcoin was decentralized and aside of it, they can only prohibit or ban the usage of bitcoin in their respective country but not totally kill or hunt it down and then shut it. one more thing is that maybe they are planning to create their own digital currency for their own good or should we say they will adapt to changes by using digital currency as future plans.

they can not kill bitcoin but they can cause injury to it. This is in the sense that they can not erase it but with their public comments it can tarnish the image of the coin and causes a further drop in the value of bitcoin

The value is rising for the past few days. In one week, the exchange rates have risen by almost 25%. I am not sure whether this is a temporary phenomenon or not. In case it is not a temporary phenomenon, then we can confidently say that the government propaganda is not having much impact on the Bitcoin users.

If you are able to explain us how a government can replace a decentralized and basically anonymously run system, they probably can. As long as you are not able to do so, they can not and I highly doubt you ever can, because this is technically not possible. Several countries, if not all, probably will one day introduce its own crypto currencies, but those crypto coins are not compareable with the decentralized and privately run, because currencies introduced by governments are usually to take the value of people's work.

If the start and eventually growth of Bitcoin is not brought about by the governments, then I can see no reason why the governments can effectively kill Bitcoin. Bitcoin started and earned fast and solid growth over the years without any kind of help from the governments. That means they have made such amazing achievements independently from the governments. It can exist on its own with only the ordinary people backing them up. Governments may try to cripple Bitcoin by banning it but it will definitely fail to kill it.

Are you sure the government can kill bitcoin? In what ways did they kill him? If bitcoin can be killed, but why is bitcoin still present today? It is very difficult for the government to kill bitcoin, although there are some countries that prohibit bitcoin such as china, colombia and ekuador, it is difficult to kill bitcoin because bitcoin is a decentralized crypto currency worldwide.

well, bitcoin may not be turned off, because it has spread on the internet. but, the government can ban bitcoin in a country they occupy. it may affect the bitcoin price to be lower. it happens when china bans bitcoin.

It can happen, because the government is formed because they are the best and the great and whatever they can do. and it will make it difficult to transact and the government can kill bitcoin for the country. but it is unfortunate that it happens because bitcoin is not a criminal or a murderer, the government should thank bitcoin for being able to help its people on financial and economic matters for the better.

This will be decision just like a war. Personally I don't think that it is possible because there is lot of investment in BTC and killing it may damage the situation between government and people.

Yes, the government can kill the bitcoin in the way of banning or not allowing the bitcoin to be the use of the people around in their country. Correction they can replace the bitcoin. No matter what happens the bitcoin still the king of all crypto. They can create their coins, but they can’t stop people believe in the bitcoin.

This is indeed the case in China. Russia, the United States, and other big countries have formulated their own plans for the future of digital currencies. I believe that it is impossible to stop bitcoin currencies because Bitcoin already owns and spreads around the world.

I think when they create the digital currency in the country. They will not be able to kill the cryptocurrency, because crypto is used by the world community and increasingly popular.