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Bitcoin => Bitcoin Discussion => Topic started by: joesorrell on April 12, 2018, 01:38:44 PM



Title: Can government destroy Bitcoin?
Post by: joesorrell on April 12, 2018, 01:38:44 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Title: Re: Can government destroy Bitcoin?
Post by: Biso on April 12, 2018, 01:40:57 PM
They can try, but they wont succeed. The whole concept of decentralization is what will protect Bitcoin and other cryptocurrencies from governments. They are trying to delay the inevitable!!! Change is coming, they will lose their grip on the world and we will all have equal chances to succeed... 


Title: Re: Can government destroy Bitcoin?
Post by: doblok on April 12, 2018, 01:48:57 PM
many people and governments want to destroy bitcoin because they see it will destroy the country's currency because of the many restrictions and regulations they make and want to slowly stop it and this will not be easy because I assume that bitcoin is very strong and many countries are using it and up to now not some are harmed even bitcoin brings a lot of cool new winds in industry and business and I hope that the government will soon legalize it ;)


Title: Re: Can government destroy Bitcoin?
Post by: bellakrstna on April 12, 2018, 02:26:19 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


i think the government cannot destroy bitcoin.
bitcoin is an advance technology, it is decentralized. But the regulations about bitcoin may affect the price of bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: jonruhoax on April 12, 2018, 02:42:01 PM



I do not understand why there's always someone asking this sort of thing.
I think you can read many threads in this forum about banning on bitcoins and crypto. bitcoin can not be stopped by all countries, some countries can only prohibit it but not for its growth. see today the market grows pretty well bitcoin up 8k again.


Title: Re: Can government destroy Bitcoin?
Post by: rapsa2018 on April 12, 2018, 02:49:55 PM
the government will never break bitcoin because its users and investors can only damage because they control the price.


Title: Re: Can government destroy Bitcoin?
Post by: Jody.Drummer on April 12, 2018, 02:50:28 PM
actually this problem is not important because the government will not be able to destroy bitcoin because this will be a very fatal decision for the country and the negative impact otherwise the government should quickly legalize bitcoin and this will benefit the country and the government will get much support in developing the country and this should be done ;D


Title: Re: Can government destroy Bitcoin?
Post by: bolbau on April 12, 2018, 02:51:06 PM
on the scale of the country concerned, they may be able to minimize the bitcoin space. but it will not just close the chances of using bitcoin in the country. technology continues to grow, they can not shut the internet completely. many avenues can be done to keep doing bitcoin transactions, such as the use of VPNs, proxies, asset sales in overseas markets. it sounds illegal and criminal, but that's the reality that the movement of bitcoin will not be dammed.


Title: Re: Can government destroy Bitcoin?
Post by: Dluretic on April 12, 2018, 02:51:46 PM
Governments may try, but they cannot succeed.
Because the idea of bitcoin is decentralized, no government can ban it.


Title: Re: Can government destroy Bitcoin?
Post by: Palmerson on April 12, 2018, 03:01:29 PM
The ban does not destroy bitcoin. It seems to me that bitcoin can be destroyed by legalization. It seems ridiculous. But I can explain everything. People are attracted by decentralization and deregulation of cryptocurrency. Many people are now faced with the problems on the exchanges because of the regulation. Do you think this will add to the popularity of bitcoin?


Title: Re: Can government destroy Bitcoin?
Post by: Kotone on April 12, 2018, 03:04:04 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yes they can, especially with how they can ban and create laws which make bitcoin unappetizing to the public. Which makes the stock of bitcoin lower and lower into the cryptocurrency market. With that said even if the cryptocurrency are decentralized it is still affected by a lot of factors which are also dictated by the terms set by this world and if a considerable number of governments and places even corporations does this then bitcoin can surely be dropped


Title: Re: Can government destroy Bitcoin?
Post by: gantez on April 12, 2018, 03:07:32 PM
The simple reason that they won't succeed is that bitcoin is a centralized coin. So with the availability of internet service, a hodler can still have an access despite the restrictions.


Title: Re: Can government destroy Bitcoin?
Post by: bitart on April 12, 2018, 07:40:04 PM
Maybe they could.
But why would they want to destroy it? If they only regulate it, they can tax it heavily, so they will have a huge income and they don't need to do anything but collecting the taxes.
If they ban it and want to destroy it, they won't be able to do that in the end and also they won't have any tax, any income from bitcoin transactions or profits.


Title: Re: Can government destroy Bitcoin?
Post by: Dapper on April 12, 2018, 07:43:38 PM
Destroy, no.   Cripple, yes.   


Title: Re: Can government destroy Bitcoin?
Post by: waqasniaz007 on April 12, 2018, 07:47:10 PM
Bitcoin will live as long as a handful of computers run the bitcoin software on a network .It is likely  that it will still be the top cryptocurrency in the coming years, unless the community destroys itself due to greed or carelessness.


Title: Re: Can government destroy Bitcoin?
Post by: Veterock on April 12, 2018, 08:36:49 PM
I can even say how they can destroy! they can just buy up the bulk of the coins and that's it. The market is dead)


Title: Re: Can government destroy Bitcoin?
Post by: aoluain on April 12, 2018, 08:42:41 PM
no

the only thing they can do is restrict the movement from FIAT to crypto
or "punish" in the form of taxes people when they move crytpo back into FIAT.

The key is FIAT, that is all they can control, not crypto.


Title: Re: Can government destroy Bitcoin?
Post by: Ais08 on April 12, 2018, 08:52:58 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



I think hard on governments around the world, what is the reason the government forbids Bitcoin?
If I think Bitcoin does not harm all countries so why Bitcoin should be banned, the question is why the new government recently forbade bitcoin to grow, that we know that bitcoin has been going on for quite a while, even where the government at a time when bitcoin prices are still cheap, and there is no ban from the government, whether the government is urged by the banks around the world, so bitcoin growth is not too widespread, of course not, even more and more new users to join Bitcoin ...


Title: Re: Can government destroy Bitcoin?
Post by: brampower on April 12, 2018, 10:11:06 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?
These government could stop the growth of bitcoin momentarily and i have not seen any major governments taking a stance against bitcoin, some of the Asian countries have mixed response according to the region but they cannot shut the network but they can make things difficult for the users to trade smoothly.


Title: Re: Can government destroy Bitcoin?
Post by: laayouni aymen on April 12, 2018, 10:33:46 PM
i don't think that government can destroy Bitcoin , if they can do it why they let Bitcoin enter to wallstreet ? ;)


Title: Re: Can government destroy Bitcoin?
Post by: SUDARMONO on April 12, 2018, 10:37:13 PM
As we have seen, the government has long disagreed with bitcoin, but here the bitcoin is still roads and triumphs with no support by the government, because the bitcoin that many people like with Blockchain technology and decentralized systems has.


Title: Re: Can government destroy Bitcoin?
Post by: dothebeats on April 12, 2018, 10:53:05 PM
What kind of destruction are we talking about here? As for complete shutdown of bitcoin in a country, no, it simply cannot happen. Legal trades and the likes might face these kind of bans but the overall usage of bitcoin in a country would still be operation since there isn't a central server or node that can issue a blacklist on all IP addresses belonging to a certain country. So yeah, you may not be able to send and receive money that came from bitcoin in a legal and allowed way however you can still do P2P trading if such a scenario ever happened to your country.


Title: Re: Can government destroy Bitcoin?
Post by: Meysa_richa on April 12, 2018, 11:14:22 PM
I do not think it's easy for the government to destroy bitcoin, so many governments want to try to destroy but bitcoin still stands as strong as this, bitcoin is not dependent on government because bitcoin is unregulated and can be owned by anyone with a decentralized system.


Title: Re: Can government destroy Bitcoin?
Post by: campbell.box on April 12, 2018, 11:22:28 PM
BTC invests too much, and it is easier for the government to destroy individual confidence than to destroy it.

In their view, BTC is no different from gold, real estate or apple stock.

The value of BTC comes from the user's confidence.


Title: Re: Can government destroy Bitcoin?
Post by: maimainguyen05 on April 12, 2018, 11:30:31 PM
You should remember that Bitcoin is not under the control of anyone, not by any organization or government, so it can not be destroyed by any individual or entity, it is only Destroy only when no one deals cryptos anymore. The government can ban cryptos, and that affects the rate of the cryptocurrencies market only!


Title: Re: Can government destroy Bitcoin?
Post by: bengca84135120 on April 12, 2018, 11:30:45 PM
BTC exists to break national boundaries. The biggest advantage of bitcoin is that it can transmit transactions directly across the Internet without relying on third parties.

BTC is an advanced technology. How can advanced things be blocked?


Title: Re: Can government destroy Bitcoin?
Post by: sinkfish on April 12, 2018, 11:40:36 PM
possibility close to 0%. They can stop for awhile, but not for long. Demand for cryptocurrency especially Bitcoin is increasing, eventually even government force to adopt Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: bitchubitchu on April 12, 2018, 11:49:42 PM
I think the government cannot destroy bitcoin because the government did not own cryptocurrency they don't have any access in bitcoin the only person that can destroy the bitcoin is the founder itself.


Title: Re: Can government destroy Bitcoin?
Post by: Finestream on April 12, 2018, 11:51:20 PM
You should remember that Bitcoin is not under the control of anyone, not by any organization or government, so it can not be destroyed by any individual or entity, it is only Destroy only when no one deals cryptos anymore. The government can ban cryptos, and that affects the rate of the cryptocurrencies market only!
Right.No one is capable of destroying bitcoin since it is not controlled by any government or high officials in the country.The government may banned it but they can't stop the people from using bitcoin and making investments in bitcoin.It will be only destroyed when people decided not to use bitcoin anymore in their daily transactions.


Title: Re: Can government destroy Bitcoin?
Post by: molenracing on April 12, 2018, 11:52:14 PM
although the government has the power and a rule, but there is no reason for the government to seize and destroy bitcoin. because bitcoin has provided a great advantage for its users. bitcoin can also we use without government intervention, so I think the government has no rights and can not do it all.


Title: Re: Can government destroy Bitcoin?
Post by: NavI_027 on April 12, 2018, 11:59:46 PM



I do not understand why there's always someone asking this sort of thing.
I think you can read many threads in this forum about banning on bitcoins and crypto. bitcoin can not be stopped by all countries, some countries can only prohibit it but not for its growth. see today the market grows pretty well bitcoin up 8k again.
I absolutely agree with you, I don't know either why they always open up topics that previously discussed before. We know the fact that it's easier to directly ask compare to conduct some research, maybe that's their reason behind it. But in my opinion, this is not a good habit at all because it provides spoonfeeding. Well, it's not my business anymore, i just continue answering their questions because all I want is to help them.

Going back to OP's question, it is impossible for a government of a particular country to ban crypto worldwide. What they can only do is to give regulations or even ban it also in a sense that countrymen can't convert it into their fiat, that's it. Restrictions of cryptos can only be implemented within the sovereignty of a country.


Title: Re: Can government destroy Bitcoin?
Post by: Astermony on April 13, 2018, 12:04:10 AM
actually this problem is not important because the government will not be able to destroy bitcoin because this will be a very fatal decision for the country and the negative impact otherwise the government should quickly legalize bitcoin and this will benefit the country and the government will get much support in developing the country and this should be done ;D
Yes I agree with. There are governments who are looking bitcoin as illegal but it is obvious that it is not because bitcoin is not against the law. They just misunderstand what bitcoin is. They can't destroy bitcoin without a valid reason. And I think there are also a great number of people who supports bitcoin because we experience how helpful it is to us.


Title: Re: Can government destroy Bitcoin?
Post by: cahbagus555 on April 13, 2018, 12:14:59 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


They can not destroy bitcoin. Bitcoin system is decentralized and its hard for government to touch bitcoin. Bitcoin data is spreading around the world and as long internet still exist and community using it, bitcoin can not destroy by government or other institution


Title: Re: Can government destroy Bitcoin?
Post by: vina.lugtu on April 13, 2018, 01:05:34 AM
They can't destroy bitcoin but they can definitely ban bitcoin and everything that is related to it. Like those countries were bitcoin is banned (Thailand, China, India, Germany, Bolivia, Russia - not sure if there are others), the citizens doesn't have any choice but to obey or transfer to other countries were they can use bitcoin. What I am not sure of is that if they can still access their coins even if bitcoin is banned in their county.


Title: Re: Can government destroy Bitcoin?
Post by: christian07 on April 13, 2018, 01:11:37 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

They can easily do destroy bitcoin like ban it but there's no need to do that because we can easily use this to have worth like we can use this to pay bills and to do an easy transaction in other country so if they destroy this that's not good for their country another thing if you experience not good here like you experience a lot of investing here that not go well i think better for you to leave then back after you already have knowledge or just don't do investment


Title: Re: Can government destroy Bitcoin?
Post by: rhayot on April 13, 2018, 01:18:17 AM
It is impossible that the government can destroy the bitcoin. We all knownthat bitcoin is decentralized, it came from a blockchain technology. Not unless they have an advance technology that can destroy the blockchain. They know that bitcoin has a lot pf advantages and especially in economic growth of the country but they choose to be blind because they are thinking that maybe bitcoin will wipe away the traditional currency that we have and they are controlling.


Title: Re: Can government destroy Bitcoin?
Post by: boyptc on April 13, 2018, 01:20:06 AM
Do you think can government distroy bitcoin?
Destroying bitcoin? You mean breaking down every bitcoin's that's in their jurisdiction? There's no way to destroy bitcoin that's why they are stopping the use of it because it's decentralized, nobody controls the supply and it's number is already there until it fully fills the whole 21 Million supply. I wonder what type of destruction is in your mind, you should elaborate it.


Title: Re: Can government destroy Bitcoin?
Post by: hybridmedia on April 13, 2018, 01:22:09 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I think crypto in a whole has the government terrified. It can completely change the way we look at finance in a whole. For something to take the power out of their hands and put it into the hands of the people, it's dangerous,


Title: Re: Can government destroy Bitcoin?
Post by: thunderclup on April 13, 2018, 01:26:07 AM
Maybe yes,  because government have a power to destroy but it is not to easy because bitcoin is the king of all currency they can ban bitcoin but they can't destroy it easier because as long as the world have an internet bitcoin are still exist and many people are disappointed on if the government destroy it.


Title: Re: Can government destroy Bitcoin?
Post by: PM.coins on April 13, 2018, 01:27:45 AM
a ban on bitcoin by the government could have a negative effect on bitcoin, but it can not destroy bitcoin. bitcoin growth is influenced by investor demand for bitcoin, world economic conditions, political issues as well as laws and government restrictions in it. if all those factors are likely to be bitcoin will be destroyed, but if the government ban on bitcoin then I think it will not destroy bitcoin although it can affect the growth of bitcoin selling value.


Title: Re: Can government destroy Bitcoin?
Post by: plaintiff77 on April 13, 2018, 01:35:22 AM
I dont think so.Bitcoin cant be destroy easily by the government because they dont own it and wheather they like it or not many people will still invest and work for bitcoin because it helps them alot rather than the government.


Title: Re: Can government destroy Bitcoin?
Post by: Apes on April 13, 2018, 02:03:06 AM
Maybe it can happen but will not succeed in eradicating it cleanly, since bitcoin is very beneficial to its users and very profitable ... so anyway people will try to stick with bitcoin or in cripto .. I think the government should not oppose bitcoin or forbid it because bitcoin not criminal or fraud, and the government should be grateful to the bitcoin that has helped its people become better and more prosperous..


Title: Re: Can government destroy Bitcoin?
Post by: burakdat on April 13, 2018, 02:11:56 AM
No government could not stop an individual to invest in bitcoin. THe system is composed of worldwide investors and even if one county could be able to put a stop in investing or joining bitcoin but still bitcoin will operate. Somehow government are only doing an advise about bitcoin risk however most of the individuals who are investing bitcoin are having good time with bitcoin. So they could no be able to put a stop of an individual to invest in bitcoin. The same thing if a country will ban cryptocurrency in their area but people who are used in doing crypto will still be able to invest and do bitcoin or cryptocurrency because they could not be able to trace those people that will do bitcoin investment. If the government can trace will there are many of them to trace so you can still make bitcoin investment and had a little chance to get caught by the government authority.


Title: Re: Can government destroy Bitcoin?
Post by: Norberto bacabac on April 13, 2018, 02:15:50 AM
definitely not. because bitcoin is stronger  as of now and will still stronger for the our support so thats why bitcoin is undestroyable.


Title: Re: Can government destroy Bitcoin?
Post by: zhea on April 13, 2018, 02:25:26 AM
Government are trying to destroy bitcoin but they will not succeed because bitcoin is an independent entity. Lot of people are engage with it so its strong and stable and cannot be easily destroyed by anybody who wants to. I think government should support with bitcoin through taxing it to generate revenue for the development of a certain country and to the people as well. Government should see the good effect that bitcoin brought to the people who are engage with it because the lives of the many becomes better.


Title: Re: Can government destroy Bitcoin?
Post by: NightCloudz07 on April 13, 2018, 02:54:01 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

yes government can destroy a bitcoin because they have a rights to banned a bitcoin and other countries they banned a bitcoin and the governments also banned the bitcoin in other countries bitcoin they did not want to replace thier real currency


Title: Re: Can government destroy Bitcoin?
Post by: hualangktsld841 on April 13, 2018, 02:59:05 AM
Some countries are boycotting bitcoins for the time being. I don't think they want to destroy bitcoins. Their boycott is just to suppress the development of bitcoin, because they worry that bitcoin will replace the functions of many industries, which will reduce their control of these industries. Like banking, there are many functions that can be replaced by encrypted currencies.


Title: Re: Can government destroy Bitcoin?
Post by: uiyh687 on April 13, 2018, 03:28:05 AM
Bitcoin is decentralized, and no government can destroy Bitcoin. The reason why Bitcoin was destroyed can only be from the inside, self-destructive. But Bitcoin is now very safe to be destroyed.


Title: Re: Can government destroy Bitcoin?
Post by: rahul10948 on April 13, 2018, 03:28:12 AM
Right now .seeing the the current market the answer is no...as Japan and South Korea are already in the game...and other country also want to be part of this distruptive technology....So government was able to stop when it's week like 8, years ago....but right now it's known to everyone...and seems quite dificult to stopped it..


Title: Re: Can government destroy Bitcoin?
Post by: aakriti on April 13, 2018, 03:34:51 AM
Government can not destroy Bitcoin. Bitcoin is a wordwide spread asset and no body control it. Government may accept it or may not  accept it.


Title: Re: Can government destroy Bitcoin?
Post by: Sunyoto on April 13, 2018, 03:41:17 AM
I think in our country the government does not prohibit the development of bitcoin, because for bitcoin for the government we can reduce unemployment for its people, so bitcoin according to our government really produces more profitable and appropriate for the society. so our government will not destroy the existence of krypto money.


Title: Re: Can government destroy Bitcoin?
Post by: gahsh on April 13, 2018, 03:41:25 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

some governments are currently still banning the use of bitcoin, but when it comes to crushing or eliminating bitcoin, it's certainly not an easy thing to do, while there's still an internet network for me the government will not be able to eliminate or destroy bitcoin, that's my opinion.


Title: Re: Can government destroy Bitcoin?
Post by: Rajamuda on April 13, 2018, 03:50:59 AM
They only banned it and are impossible to intend to completely destroy it, anyway it would never happen if bitcoin can be destroyed until it's completely gone, that's a ridiculous thing which never happened.
No wonder why it can not be destroyed, well it really does have unique characteristics and is one of the new sophisticated technology that's created till developing very well.


Title: Re: Can government destroy Bitcoin?
Post by: okour999 on April 13, 2018, 03:55:51 AM
I think the government can not destroy the bitcoin because many bitcoins and bitcoins are a lot of people who know bitcoin so I think no one can get rid of bitcoin because legit bitcoin in other countries and many people support it


Title: Re: Can government destroy Bitcoin?
Post by: batang_bitcoin on April 13, 2018, 04:03:10 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?
Destroy in terms of getting inside the country? They can stop it once in awhile by implementing ban and other rules engaging the prohibition of bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: troglobait on April 13, 2018, 04:10:29 AM
I think the government can kill bitokoyn in a separate country, a separate government can greatly affect the course, but not to kill.


Title: Re: Can government destroy Bitcoin?
Post by: Ka4Rt4 on April 13, 2018, 04:18:34 AM
indeed the government is trying to do and ban bitcoin but I am sure the government will never be able to.
knowing bitcoin has a very smart idea and no government can stop its popularity. And I'm sure bitcoin will continue to grow despite a lot of negative news about bitcoin and become a negative talk of some governments.


Title: Re: Can government destroy Bitcoin?
Post by: Ca.ming14 on April 13, 2018, 04:30:25 AM
Fortunately, very few countries have taken steps to ban cryptocurrencies to date. But the threat is legitimate. Governments might not be able to prevent all cryptocurrency transactions, but they can significantly discourage their use. With this in mind, we should continue to push for choice in currency. We should continue to explain the benefits of financial privacy and stateless monies. However, we should also support sensible regulation that would preserve most of the benefits from cryptocurrencies while eliminating the major justifications for outright bans. It is a second-best solution. In a world with powerful governments, it might be the best one can hope for.


Title: Re: Can government destroy Bitcoin?
Post by: Spaffin on April 13, 2018, 05:02:36 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

The government of any state can take an official decision to ban the passage of bitcoin on its territory. However, it can not destroy bitcoin. It will not even be able to fully control the fulfillment of its decision to prohibit the passage of bitcoins. People vseravno will use it, using the Internet, which is forbidden even more difficult. The government can significantly complicate the use of bitcoin if it simultaneously prohibits the work of crypto-exchange exchanges, exchangers and Internet sites on its territory where the problems of crypto currency are discussed. However, bitcoin is an electronic monetary system of a peer-to-peer network, which does not require the participation of third parties and any transactions can be committed by citizens directly. Therefore, bitcoin is almost impossible to destroy.


Title: Re: Can government destroy Bitcoin?
Post by: genset88 on April 13, 2018, 05:09:38 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Bitcoin is a currency that is causing a lot of fluctuations in the market, which is a lot of countries think that with the influence of Bitcoin there may be signs of recession in the market in their country should contain Bitcoin in The market is impossible, and they want to eliminate the virtual currency.


Title: Re: Can government destroy Bitcoin?
Post by: pekcoin01 on April 13, 2018, 05:12:08 AM
I can not eliminate it, but it reduces the popularity of bitcoin in that country. Forbidden cancels purchases. He will punish. It blocks in one way but can not lift it. I do not give a chance.


Title: Re: Can government destroy Bitcoin?
Post by: princesspoppy on April 13, 2018, 10:13:15 AM
I think it is not possible for government to destroy bitcoin. Many tried but none of them succeed. Even professional and great hackers tried to hack the blockchain but still, it seems impossible for them to have access and to take over it. Maybe someday, they can, but as of now, it would be hard for them, they still need to learn more about it.


Title: Re: Can government destroy Bitcoin?
Post by: Topek3 on April 13, 2018, 10:28:29 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



They can try, but they wont succeed . Because the bitcoin is so strong and so many people trust in bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: Adegokemufu on April 13, 2018, 10:46:00 AM
Government can not destroy bitcoin.they have no reason to do that.


Title: Re: Can government destroy Bitcoin?
Post by: Suguha on April 13, 2018, 11:05:11 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

No, because bitcoin is now popular all over the world, how can they destroy it if bitcoin can help the citizen of their country, can help the member of their community to earn more money. Bitcoin cannot destroy bitcoin even if they make or use a law to delete bitcoin in a country, users of the bitcoin will fight back to not remove the bitcoin in the country.



Title: Re: Can government destroy Bitcoin?
Post by: Sniper76 on April 13, 2018, 11:47:45 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Prohibit nothing. The forbidden fruit is always sweet is not it?
It is much easier to conduct an organized attack on bitcoin in order to ruin its cost and thereby kill in people the belief in bitcoin, the belief that you can earn money and use it as a means of payment.


Title: Re: Can government destroy Bitcoin?
Post by: Theo222 on April 13, 2018, 11:52:45 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

they can ban it in their country but they cannot destroy it only the creator can do that way. bitcoin is a digital currency and it is supported by blockchain its hard to hack or going to the back end. no one will do something danger to bitcoin because it is useful to us.


Title: Re: Can government destroy Bitcoin?
Post by: Bitcoinislifer09 on April 13, 2018, 12:21:18 PM
No because the government dont have a authority in bitcoin, but if theres someone expert in hacking maybe theres possibility that bitcoin can steal by hacking only even thought alof of peoples says the bitcoin is the strongest security ever... so the happening the security and hacker are already fighting for bitcoins and make sure that satoshi nakamoto can make another security to avoid hacking...


Title: Re: Can government destroy Bitcoin?
Post by: dubidooh on April 13, 2018, 01:06:19 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I think even if they do, they wouldn't succeed. Just look at the other countries who already banned Bitcoin, still there are a lot of people who are using it. The main idea behind bitcoin is to create a currency free from government and banks, and this is something that we want. For as long as we have internet, we can use bitcoin anytime, anywhere! Nah, how can they destroy something that's giving people the opportunity to earn the legal way and making our life more convenient?


Title: Re: Can government destroy Bitcoin?
Post by: Visbay on April 13, 2018, 07:10:53 PM
They can try, but they wont succeed. The whole concept of decentralization is what will protect Bitcoin and other cryptocurrencies from governments. They are trying to delay the inevitable!!! Change is coming, they will lose their grip on the world and we will all have equal chances to succeed... 
They want to let them do it will not affect the price and the importance of bitcoin in market and for us to me the best thing is the bitcoin same as me million of people in my country think that bitcoin is the best currency it will never go wanted, today the price of bitcoin is increasing because bitcoin has profit and people are accepting is, bitcoin will never get destroyed because bitcoin is the best thing that no other thing can ever be like bitcoin ever, it is impossible to destroy bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Washball on April 13, 2018, 07:19:15 PM
Governments can ban cryptocurrencies, because they're being pushed by financial institutions who are afraid bitcoin might take over. But the authorities realize the value of crypto and blockchain, so they may be not that keen on eliminating this new technology. They will regulate and tax cryptocurrencies, but they will not deliberately destroy bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: btyco on April 13, 2018, 09:33:46 PM
Not a chance, it is something the people want and the governments cannot stop it. They can only make things difficult for it's population but it will be a backwards step for their country.


Title: Re: Can government destroy Bitcoin?
Post by: Doge dealer on April 13, 2018, 09:39:24 PM
this question is not even relevant anymore as no government or their organization is interested in destroying bitcoins , over the past couple of months what we have see is where governments and even well established reputable companies have taken a positive stance on bitcoins , its clear now to everyone that crypto currencies will in the future become the means of exchange.


Title: Re: Can government destroy Bitcoin?
Post by: kil5478 on April 13, 2018, 09:41:06 PM
No, the governments will not be able to destroy bitcoin, but it can do anything to make it as unattractive as possible for ordinary people.


Title: Re: Can government destroy Bitcoin?
Post by: Giftedcrypt on April 13, 2018, 09:50:18 PM
Government cannot destroy bitcoin,not anyhow, because they don't have what it takes to do it, it's a decentralized system,where the power lies in the persons that are using it..


Title: Re: Can government destroy Bitcoin?
Post by: quovadiz on April 13, 2018, 10:00:54 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

they can ban it in their country but they cannot destroy it only the creator can do that way. bitcoin is a digital currency and it is supported by blockchain its hard to hack or going to the back end. no one will do something danger to bitcoin because it is useful to us.
In fact they do not know the importance of bitcoin therefore they are trying to ban bitcoin, but i do not think that still they can stop their people not to use bitcoin, in future i think that they will review their decision and will hopefully start accepting bitcoin as legal country and will surely allow their people to use bitcoin for business and for shopping etc, because bitcoin is going to be the future currency.


Title: Re: Can government destroy Bitcoin?
Post by: Oceat on April 13, 2018, 10:02:32 PM
They can try, but they wont succeed. The whole concept of decentralization is what will protect Bitcoin and other cryptocurrencies from governments. They are trying to delay the inevitable!!! Change is coming, they will lose their grip on the world and we will all have equal chances to succeed... 
I guess you were right since a decentralized crypto currency could be too hard for the government from stopping it. You are right, they can try but they won't succeed. It will require a global or maybe universal approval to stop Bitcoin but since they can't do that, their only way of stopping it is banning it to their country. But people can still use it since it on the internet, i wonder if the government would do such thing after all when we are already in the new modern technology world.


Title: Re: Can government destroy Bitcoin?
Post by: Arlibtchunt2018 on April 13, 2018, 10:13:18 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I think they can't. If you see the only thing that the governments can do is to ban bitcoin in their country but they cannot totaly destroy bitcoin. They can't control it most importantly they can't regulate it. This are the factors that thoroughly destroy their thoughts on making a move on bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: babyaia on April 13, 2018, 10:19:57 PM
I think no,because the government dont have access in bitcoin.They can ban cryptocurrency but they cannot destroy it.


Title: Re: Can government destroy Bitcoin?
Post by: ivee on April 13, 2018, 10:24:51 PM
I think no,because the government dont have access in bitcoin.They can ban cryptocurrency but they cannot destroy it.

Yes. I believe that As long as the government you’re talking about can handle bitcoin server or they have the access on the server of bitcoin, They can ban it. But, I think its impossible. Satoshi Nakamoto is not in the government to be against in this wonderful creature and masterpiece. And Hw/She will not allow to destroy it. Bitcoin exist forever.


Title: Re: Can government destroy Bitcoin?
Post by: richardsNY on April 13, 2018, 10:24:58 PM
No, the governments will not be able to destroy bitcoin, but it can do anything to make it as unattractive as possible for ordinary people.

It's too late for that now. I am fairly sure that if they did everything they could to discredit and tarnish Bitcoin back in the very early years, they could and probably would book success. However, with countries legalizing Bitcoin, large professional parties getting involved in this ecosystem in more ways than one, merchant adoption increasing, less negativity in the media, crypto in general has gained a whole lot more credibility. One must be living under a rock to not know Bitcoin. The only thing these people need is a trigger to enter the market, and we have been very successful in that, especially so when it comes to the adoption boost of last year. Nothing can even remotely describe what happened last year. Exchanges receiving numerous +100,000 signups within 24 hours is just insane....


Title: Re: Can government destroy Bitcoin?
Post by: neoandtrinity on April 13, 2018, 10:26:41 PM
As recently government are banning bitcoin in some countries. Do you think can government bitcoin?

I think the government can not destroy the bitcoin  but they can ban crypto and ICO then the negative news will normally cause individuals to sell BTC and I think Bitcoin's value is going down.


Title: Re: Can government destroy Bitcoin?
Post by: harobaru on April 13, 2018, 10:28:06 PM
government can not destroy bitcoin because bitcoin is digital currency and its information is not any one place. so it is impossible.


Title: Re: Can government destroy Bitcoin?
Post by: ngavanngo22 on April 13, 2018, 10:29:15 PM
Bitcoin cannot be destroyed by the government because Bitcoin itself is a self-contained model, independent of any individual, organization or government. So the government's ban on cryptocurrencies only affects Bitcoin's exchange rate instead of destroying them. The government's ban on BTC has made the crypto's appeal even higher because the exchange rate of the BTC has increased steadily.


Title: Re: Can government destroy Bitcoin?
Post by: Sarastiche on April 13, 2018, 10:50:03 PM
Yes the  government can destroy BTC, policy and regulations against Bitcoin has a major detrimental effect on  and on the growth and  acceptance  of Bitcoin, the advantage BTC has is the decentralized platform, with this in place it will be difficult for  goverment to destroy BTC.


Title: Re: Can government destroy Bitcoin?
Post by: faceoff97 on April 13, 2018, 10:57:49 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


The technology is unbreakable and cant be controlled by any government. They can change people's mind and even ban it, but the thing is it will continue to go on. The only way to make it useless is when people dont use it anymore and it's there is no longer demand in the market. Bitcoin has decentralized feature and no one can have full control over it, the has control over all his funds.


Title: Re: Can government destroy Bitcoin?
Post by: Tnt1971 on April 13, 2018, 10:59:57 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

A government and their people only the main catalyst of destroying bitcoins.a government can legalise bitcoin worldwide and a government  can ban bitcoin worldwide.


Title: Re: Can government destroy Bitcoin?
Post by: RondoAnyar on April 13, 2018, 11:01:09 PM
the government destroys the bitcoin is just an impossible dream. I can only see if the government can only apply a rule without being able to destroy. because the government does not have the authority of it.


Title: Re: Can government destroy Bitcoin?
Post by: jhonvir666 on April 14, 2018, 08:55:48 AM
 :)  We do not know where to go for the purpose of the puppets are so many poachers and scamers who want to destroy the bitcoin and sometimes there are people who are not accredited about bitcoin so we do not blame it even though the government sometimes did not allow bitcoin.at there are also countries where bitcoin is being banished because of its destruction and lack of confidence that bitcoin binds. This does not mean that bitcoin is being attacked by the government right now that the government is now receiving a cryptocurrency in all the world especially now that the government is open to a bitcoin. except in countries rejected by bitcoin or banned countries so bitcoin can not be destroyed by government ..


Title: Re: Can government destroy Bitcoin?
Post by: Jcabudx on May 03, 2018, 10:53:27 AM
Yes it can be that bitcoin can be destroyed by government as you see now government is banning bitcoin is some countries and bitcoin couldn't resist about it. But I'm pretty sure that if bitcoin will banned bitcoin all over the world, bitcoin will make a way to have another crypto that is hidden from government.


Title: Re: Can government destroy Bitcoin?
Post by: klimyud on May 03, 2018, 11:01:35 AM
They can affect the bitcoin growth by banning in their own country. Once a government bans bitcoins, people in that country will be scared to invest in it.


Title: Re: Can government destroy Bitcoin?
Post by: Bugcoin5 on May 03, 2018, 11:03:47 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

It is impossible to destroy the existence of bitcoins, no one or any government has the ability to do so.Bitcoin is too big to destroy the governments can’t ban something they can’t control, if they would like to destroy it, they would have to erase every node in the network which is nearly impossible - All the computers which contain the blockchain history need to be put offline.


Title: Re: Can government destroy Bitcoin?
Post by: Paka1 on May 03, 2018, 11:15:28 AM
Government cannot destroy bitcoin as a whole,  they can only restrict or prohibit cryptocurrency within their country. Government may intervene and imposed regulations from banning bitcoin to enter to their country but  they won't be able to put end in it. Moreover, they won't be able to tell other countries from using and accepting bitcoin as a mode of payment. Thus,  bitcoin can never be defeated by the government.


Title: Re: Can government destroy Bitcoin?
Post by: Khalp1 on May 03, 2018, 11:18:30 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

I think they could not eradicate bitcoin because Bitcoin was the largest distributed computing project by several orders of magnitude, and to successfully fork the Blockchain they would need to coordinate an amount of computing power of the existing ones running the bitcoin software.


Title: Re: Can government destroy Bitcoin?
Post by: KateOrigami on May 03, 2018, 11:21:38 AM
I can enjoy a wonderful bathroom, even if no one else does. But the usefulness of potential money, such as bitkoyn, depends crucially on whether other people use them. We must coordinate our beliefs. If someone does not believe that others will use bitcoins, they will be less inclined to accept it. For cryptresources that lack some non-monetary usage, this means that demand can fall to zero, even if everyone chooses its appropriate alternative.

In general, governments can define an exchange environment, coordinating beliefs, applying a transaction policy and punishing users of alternatives


Title: Re: Can government destroy Bitcoin?
Post by: Happydd on May 03, 2018, 11:32:53 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

In my opinion, the government only contributes to reducing bitcoin investment, not completely destroying it. In fact, in Vietnam the government does not accept bitcoin but bitcoin is still growing. Many businessmen, despite the prohibition to get rich from bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: dodz031718 on May 03, 2018, 11:43:58 AM
The government should see the good effect that bitcoin brought to the people who are engage with it because the lives of the many becomes better. Even if the government are trying to destroy bitcoin but they will not succeed because bitcoin is an independent entity. Lot of people are engage with it so its strong and stable and cannot be easily destroyed by anybody who wants to.I think it good to see our government will support with it through taxing and to generate revenue for the development of a certain country and to the people as well.


Title: Re: Can government destroy Bitcoin?
Post by: arrmia11 on May 03, 2018, 11:47:44 AM
They are just threatened with the concept of bitcoin that is why they want to destroy it. Unfortunately, they cannot do that, they may be able to lessen the number of investors or users per country, they may put some restrictions or rules but they cannot destroy the fact that bitcoin is a decentralized system and any person can use it. If they were just able to realize the good effects of it they would use it for the betterment of their country and not do the other way around.


Title: Re: Can government destroy Bitcoin?
Post by: CJPEREZ on May 03, 2018, 11:51:58 AM
Some of the country banned bitcoin but they have some country accept bitcoin to use payment in online shopping and they have some banks accept bitcoin and can convert from bitcoin into physical money. So government can't  destroy totally  the bitcoin because of the supporters  and community.


Title: Re: Can government destroy Bitcoin?
Post by: AurumService on May 03, 2018, 12:07:30 PM
Governments can`t destroy bitcoin because officials don`t have profound knowledge of what it is and how it works. They see that it`s a new kind of currency - virtual, decentralized, volatile and uncontrolled. And they fear it. But as time goes by they realize all the advantages and those who do it first they will be on the leading positions and those who don`t they will follow.


Title: Re: Can government destroy Bitcoin?
Post by: icecube45 on May 03, 2018, 12:09:57 PM
if all countries forbid bitcoin then it will destroy bitcoin because if the government(countries) prohibits the use of bitcoin then its citizens will automatically be punished and will further reduce the interest of users to use bitcoin around the world, if bitcoin users reduce the bitcoin price will decrease because bitcoin price depends on the user (demand and supply on the market) then the total amount of bitcoin and its holders, as well as the news and over time the bitcoin is not profitable anymore and bitcoin is lost from this world. for the possibility of this happening is small because bitcoin is very profitable (influence) in the world economic factors.


Title: Re: Can government destroy Bitcoin?
Post by: charlemagne_15 on May 03, 2018, 12:12:05 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yeah of course. They can definitely destroy the bitcoin. Governments are afraid of it due to they can't have a power over bitcoin. They also can't fully control it unlike in the paper money. Setting some rules, regulations, and laws might be their way to damage the bitcoin. Banning it all over the world us also a way to stop the bitcoin. But I guess they can't do it because of the continuous groeing and develipment of bitcoin. Governments might lessen the investors and users but they can't fully stop people to use it.


Title: Re: Can government destroy Bitcoin?
Post by: cryptobluemoon on May 03, 2018, 12:13:25 PM
No governments can either ban or destroy bitcoin in any time future bitcoin is decentralized network no central authority can control the bitcoin network


Title: Re: Can government destroy Bitcoin?
Post by: whoisyourking on May 03, 2018, 12:17:21 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yes only government can destroy bitcoin if the world government agree that bitcoin will treat as ilegal and government implement an legal action to banned bitcoin world wide.


Title: Re: Can government destroy Bitcoin?
Post by: sp01_cardo on May 03, 2018, 12:19:14 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

No, they cant destroy bitcoin. From the past years governments and banks declares war against bitcoin. But bitcoin stand still and became stronger and stronger. The governments bans bitcoin just because some people used bitcoin from illegal acts.


Title: Re: Can government destroy Bitcoin?
Post by: ngano ba on May 03, 2018, 12:20:21 PM
No, government can not destroy bitcoin because government have no hold for bitcoin and its opeteation , this is because bitcoin is decentralized cryptocurrency in the digital world ,so government can not impliment its policy to the bitcoin government.


Title: Re: Can government destroy Bitcoin?
Post by: Addywealth on May 03, 2018, 12:20:32 PM
I don't see the government of any country destroying bitcoin they can only come up with policy and laws that would not be  friendly with it, nevertheless bitcoin will still thrive though might not be openly traded.  


Title: Re: Can government destroy Bitcoin?
Post by: Dingdongjl on May 03, 2018, 12:21:40 PM
Not at all and that is why its decentralized except if all country will banned it and they force all people to sell their bitcoins it will start the crash of its price and then suddenly will die.


Title: Re: Can government destroy Bitcoin?
Post by: neo444 on May 03, 2018, 12:24:24 PM
Government can't destroy bitcoin they can only ban it nothing more and i think bitcoin will be the currency of many countries in the world


Title: Re: Can government destroy Bitcoin?
Post by: Bruce1614 on May 03, 2018, 12:25:27 PM
Truly they can, particularly with how they can boycott and make laws which make bitcoin unappetizing to people in general. Which influences the supply of bitcoin to lower and lower into the cryptographic money advertise. So regardless of whether the digital money are decentralized it is as yet influenced by a great deal of elements which are additionally directed by the terms set by this world and if an impressive number of governments and places even organizations does this then bitcoin can unquestionably be dropped


Title: Re: Can government destroy Bitcoin?
Post by: ZAYANDI on May 03, 2018, 12:38:10 PM
Bitcoin can not be stopped by all countries, some countries can only prohibit it but not for its growth. actually this problem is not important because the government will not be able to destroy bitcoin because this will be a very fatal decision for the country and negative impact if the government should immediately legalize bitcoin and this will benefit the state and the government will get much support in developing the country and this should be done.


Title: Re: Can government destroy Bitcoin?
Post by: Samj16 on May 03, 2018, 12:57:23 PM
Maybe they can do it once they make and implement a law that forbid or banning individuals using bitcoin. But maybe its a long process before they succeed.


Title: Re: Can government destroy Bitcoin?
Post by: neymarjunior50 on May 03, 2018, 01:02:09 PM
No government cannot destroy bitcoin . so many country government already declared it is legal some few country still not approved it . i think in future every country can create own crypto currency  . fiat currency always controllable but crypto not controllable .


Title: Re: Can government destroy Bitcoin?
Post by: rye18 on May 03, 2018, 01:25:36 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yes of course the government have all the right to impement the law, if they prohibit the use of bitcoin in their country and to people as well.


Title: Re: Can government destroy Bitcoin?
Post by: AurumService on May 03, 2018, 02:41:14 PM
Personally I can`t see the particular ways governments can destroy bitcoin. If they don`t understand the "machinery" of it, how they can influence it? I`m sure that officials ain`t that silly and if they see advantages they use it in their own interests. The time of bitcoin hasn`t just came.


Title: Re: Can government destroy Bitcoin?
Post by: dammang on May 03, 2018, 03:01:43 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

i think they cannot,bitcoin is become bigger and bigger now million of people has now invested in bitcoin so government has not that easyto destroy bitcoin,


Title: Re: Can government destroy Bitcoin?
Post by: herfie.chen on May 03, 2018, 03:21:55 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

i think they cannot,bitcoin is become bigger and bigger now million of people has now invested in bitcoin so government has not that easyto destroy bitcoin,
I agree with you, Bitcoin is the currency with the technology in it that is Blockchain and Bitcoin can not be destroyed , there are now many countries that legalize the use of Bitcoin. Bitcoin is become bigger and bigger now.


Title: Re: Can government destroy Bitcoin?
Post by: oniracnai on May 03, 2018, 03:24:35 PM
I think they cant. Bitcoin is very successful and big industry beside there is no big effect of it to the real world but make the people grow. In short there is no bad reason to totally ban bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: DrYe5 on May 03, 2018, 03:25:55 PM
I think they cant. Bitcoin is very successful and big industry beside there is no big effect of it to the real world but make the people grow. In short there is no bad reason to totally ban bitcoin.
They can't kill bitcoin, even if they try ... Fans of cryptocurrency fear government regulation could ruin it, but they shouldn't be concerned. ... As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: sakuragi21 on May 03, 2018, 03:44:12 PM
I think the government can not afford the power of the country, especially as many countries know that bitcoin and legitimate countries are connected to bitcoin so the bitcoin can not just break the government because it also supports bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: wave1002012 on May 03, 2018, 03:48:06 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yes the government have all the right to protect their citizen so if the they think bitcoin is not good , the government can easily banned bitcoin for the benefit of the people


Title: Re: Can government destroy Bitcoin?
Post by: callmeback on May 03, 2018, 03:56:19 PM
There is a posibility that the governments will desrtroy bitcoin. As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin. Bitcoin is the currency with the technology in it that is Blockchain and Bitcoin can not be destroyed , there are now many countries that legalize the use of Bitcoin. Bitcoin is become bigger and bigger now. Insert Quote
Government can't destroy bitcoin they can only ban it nothing more and i think bitcoin will be the currency of many countries in the world.


Title: Re: Can government destroy Bitcoin?
Post by: yummydex on May 03, 2018, 04:05:11 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

They can ban bitcoin in their government why not! But they can not destroy it. As long as the internet exist.


Title: Re: Can government destroy Bitcoin?
Post by: Mr Bhuiyan on May 03, 2018, 04:06:04 PM
I think they can't. Bitcoin is very successful and big industry. Bitcoin is become bigger and bigger now. Government can't destroy bitcoin they can only ban it nothing more and i think bitcoin will be the currency of many countries in the world.


Title: Re: Can government destroy Bitcoin?
Post by: gahsh on May 03, 2018, 04:39:24 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


although here I am a beginner, and do not know much about bitcoin yet, but I think to be able to destroy bitcoin is not easy, even though the government does not seem to be able to destroy it, while the internet is still there, bitcoin will be hard to destroy.


Title: Re: Can government destroy Bitcoin?
Post by: DatKing on May 03, 2018, 04:40:44 PM
The governments cannot destroy Bitcoin. They can just ban Bitcoin or accept it in their countries. Bitcoin is decentralized and i hope it will not change in the future too. Also, why would they want to destroy it ? This market is the future of currencies.


Title: Re: Can government destroy Bitcoin?
Post by: tangsanzang7 on May 03, 2018, 04:42:33 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

The Chinese government has taken a bite out of the decentralization of Bitcoin. How good is it? It clearly supports Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Jakuhivili on May 03, 2018, 04:56:46 PM
They will do all they can to destroy Bitcoin but i bet they can't! I hope they won't. We are in the new era they should accept new technologies and this internet money.


Title: Re: Can government destroy Bitcoin?
Post by: cosmo1 on May 03, 2018, 06:36:54 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

No they cannot destroy bitcoin.But many governments are trying to destroy bitcoins because bitcoin will make end to banks and currency of their countries.So this first reason why many governments are trying to destroy bitcoin.Then another problem if to make bitcoin as a legal and major usage of currency they have to regulate the regulations but the conclusion is that the government cannot destroy bitcoins.


Title: Re: Can government destroy Bitcoin?
Post by: Dewi08 on May 03, 2018, 07:05:29 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


BItcoin is an invisible material, so it is very difficult for the government to destroy or attempt to destroy it, because I know that bitcoin has the power of all investors who always give the power to bitcoin, and it is impossible for the government to destroy bitcoin, instead it will turn around bitcoin will destroy the government ...


Title: Re: Can government destroy Bitcoin?
Post by: Emran4567 on May 03, 2018, 07:19:30 PM
Of course. But if the government destroys Bitcoin, then its own loss will be greater. Because of the destruction of Bitcoin, many people will become unemployed, they will be damaged by economic consequences. It is very harmful for a country.


Title: Re: Can government destroy Bitcoin?
Post by: cryp24x on May 03, 2018, 07:20:10 PM
How can they destroy something which they don't know how it was created nor who really created it? I think that is the reason why Satoshi Nakamoto is still unknown to us because he/they is/are protecting Bitcoins existence. If someone knows who is the creator of Bitcoin, they will hunt them down and force the creator to reveal Bitcoin's secret. Some countries can ban Bitcoin but they can't destroy it. No one can destroy a thing when two or more persons believe it.


Title: Re: Can government destroy Bitcoin?
Post by: Pasaway2701 on May 03, 2018, 07:33:46 PM
I think the government can not afford the power of the country, especially as many countries know that bitcoin and legitimate countries are connected to bitcoin so the bitcoin can not just break the government because it also supports bitcoin

I do not think there is other way for the government to take away bitcoin from their people aside of banning it. There are many countries that are now accepts bitcoin in different areas of transactions specially those who are very advance in technology. It cannot be ban and government won't take any actions unless the users use it in any illegal things that the government have yo control with.


Title: Re: Can government destroy Bitcoin?
Post by: jump4ever on May 03, 2018, 08:06:55 PM
one of the options is the seizure of bitcoin by Facebook: the network creates a bitcoin-purse for its users, rewarding them with crypto currency for interaction with advertising, and frees them from advertising if they allow Facebook to crypt with the help of the unused capacities of their computers (this scenario this year already offered the newsletter Salon)


Title: Re: Can government destroy Bitcoin?
Post by: Mwalshe89 on May 03, 2018, 08:11:10 PM
one of the options is the seizure of bitcoin by Facebook: the network creates a bitcoin-purse for its users, rewarding them with crypto currency for interaction with advertising, and frees them from advertising if they allow Facebook to crypt with the help of the unused capacities of their computers (this scenario this year already offered the newsletter Salon)
If Facebook managed to convince a large majority of bitcoin users and miners to switch to a patented version of bitcoin software owned by the social network, the company would be able to establish its own rules. In this case, she could turn bitcoin into a corporate version of fedcoin (Fedcoin), described above.


Title: Re: Can government destroy Bitcoin?
Post by: wolfracer on May 03, 2018, 08:23:04 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


The original idea of the bitcoin, its decentralization was what attracted millions of users to this ecosystem. The end of bitcoin is not in the hands of a minority group, but in the decision and confidence that each of its users give to it.


Title: Re: Can government destroy Bitcoin?
Post by: Ghayoor on May 03, 2018, 08:26:49 PM
I think they cant. Bitcoin is very successful and big industry beside there is no big effect of it to the real world but make the people grow. In short there is no bad reason to totally ban bitcoin.
They can't kill bitcoin, even if they try ... Fans of cryptocurrency fear government regulation could ruin it, but they shouldn't be concerned. ... As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin.
i agree with you because they need bitcoin and  bitcoin is playing a very big role in economy of many countries.


Title: Re: Can government destroy Bitcoin?
Post by: QuickS22 on May 03, 2018, 08:37:12 PM
It is possible only if the largest countries unite. But so far I do not think that someone will have the need to do it.


Title: Re: Can government destroy Bitcoin?
Post by: farukahmed on May 03, 2018, 09:37:04 PM
Bitcoin is one of the most powerful currency in the whole world. There are many country are banned bitcoin for there country but it is not possible to destroy bitcoin forever.bitcoin is a online currency. Actually no government control it. There are many more negative news about bitcoin in the social media now. So if any government want to banned it for there country it possible but no government can destroy bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: asbak66 on May 03, 2018, 09:43:17 PM
Of course they can
The goverment have the power to stop anything they want such as banned bitcoin in their country or make some deal or agreement that make bitcoin price will fall (FUD)
Something that bitcoin cant do since btc dont have real owner and legal foundation


Title: Re: Can government destroy Bitcoin?
Post by: soenaderecho10 on May 03, 2018, 09:44:25 PM
Bitcoin is one of the most powerful currency in the whole world. There are many country are banned bitcoin for there country but it is not possible to destroy bitcoin forever.bitcoin is a online currency. Actually no government control it. There are many more negative news about bitcoin in the social media now. So if any government want to banned it for there country it possible but no government can destroy bitcoin.





I think its hard to ban bitcoin in the other country because other country used bitcoin so the government agree that to used but other country banned bitcoin because the govenment scared to replace the currency of that country and did not get a tax.like my country bitcoin is legal to use and the people invest it and become rich so that i think its depends of government.


Title: Re: Can government destroy Bitcoin?
Post by: conceivedspoon2 on May 03, 2018, 09:50:37 PM
No. Government of nations have decided to have bitcoin stopped but it is possible. Bitcoin is decentralized in its nature and cannot be curbed by anybody so it is quite discouraging to the government. SOme of the leaders are corrupt and dont want their transactions exposed.


Title: Re: Can government destroy Bitcoin?
Post by: MiF on May 03, 2018, 09:51:42 PM
I think they cant. Bitcoin is very successful and big industry beside there is no big effect of it to the real world but make the people grow. In short there is no bad reason to totally ban bitcoin.
They can't kill bitcoin, even if they try ... Fans of cryptocurrency fear government regulation could ruin it, but they shouldn't be concerned. ... As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin.

We can't be sure that government will not ban this cryptocurrency, but here in asia now compared to western countries bitcoin was highly adopted. More countries now used cashless payments as well as card payments and online transactions. The bitcoin idea is there, and other countries outside of asia were now also thinking of bitcoin to be used as main currency for buying goods aside from fiat cash payments to eliminate cash or fiat money.


Title: Re: Can government destroy Bitcoin?
Post by: blue_dragon on May 03, 2018, 09:57:30 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

They cant destroy bitcoin because it happen online, but they can create a law that can llegalized bitcoin in their country so that it can possibly stop any transactions on their country. But which is hard to determine if one person is using a bitcoin because using a bitcoin is can really secure yourself and no one even notice it.


Title: Re: Can government destroy Bitcoin?
Post by: jetjet on May 03, 2018, 10:11:47 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


it could somehow imperil patially the movement of the coin when goverment try to take bitcoin down. but as we what could see in the marketplace the coin will just rebounce back and regain its strength.. its decentralize system so its not that easy to destroy. not unless people will loss interest in it. maybe that would be the end.


Title: Re: Can government destroy Bitcoin?
Post by: De Suga09 on May 03, 2018, 10:14:02 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


The government can never have a full control of the bitcoin. It can challenge bitcoin by banning it in their country but bitcoin has survived and will continue to survive. It is already evident today that some countries and even large companies such as google and facebook ban bitcoin but it recovered and the price continue to increase.


Title: Re: Can government destroy Bitcoin?
Post by: Blackrain13 on May 03, 2018, 10:18:42 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


     No,government can't destroy bitcoin because it is decentralized digital currency which means no single authority controlled it.Government can put sone regulations and taxes but they can't destroy and stop it. Bitcoin only destroy if there is a totally shut down of internet and there is no more demand in the market.


Title: Re: Can government destroy Bitcoin?
Post by: Tapyaks72 on May 03, 2018, 10:26:34 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


     No,government can't destroy bitcoin because it is decentralized digital currency which means no single authority controlled it.Government can put sone regulations and taxes but they can't destroy and stop it. Bitcoin only destroy if there is a totally shut down of internet and there is no more demand in the market.
The only possible things that  the government can do  to adopt and put  some policy, because the government is only after  taxation and the security of their citizen, a policy during local currency exchange they can apply some regulations pertaining to taxation and safety.


Title: Re: Can government destroy Bitcoin?
Post by: Ismat Morshed on May 03, 2018, 10:26:58 PM
Bitcoin is one of the most powerful currency in the whole world. There are many country are banned bitcoin for there country but it is not possible to destroy bitcoin forever.bitcoin is a online currency. Actually no government control it.Bitcoin is decentralized in its nature and cannot be curbed by anybody so it is quite discouraging to the government.


Title: Re: Can government destroy Bitcoin?
Post by: Malya_alkendy on May 03, 2018, 10:57:17 PM
The government can not destroy Bitcoin, but the government can forbid its people to play Bitcoin. if in this world Many countries forbid Bitcoin, and ultimately many people who do not use Bitcoin, then Bitcoin will experience a big price reduction. maybe this will happen, if any government intends to destroy Bitcoin. but I do not think that will happen either.


Title: Re: Can government destroy Bitcoin?
Post by: slackcryptoz on May 03, 2018, 11:00:51 PM
Governments if get united can destroy, but governments won't get united in this regard. Because, each government has got different stand on the cryptocurrency usage. Some agree and adopt it, while some doesn't. Maybe similar to the recent months governments come up with regulations that will restrict the growth but won't lead to destruction.


Title: Re: Can government destroy Bitcoin?
Post by: markint on May 03, 2018, 11:15:41 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I have no doubt that at first the governments had wanted to do everything possible to destroy the progress that bitcoin has had among Internet users, but in these precise moments it seems that the financial authorities have already understood that it is impossible to oppose the advancement of technology, so they seem to be building bridges towards greater permissiveness to this technology, while trying to update the regulatory framework that allows bitcoin to receive a status of legality in different countries.


Title: Re: Can government destroy Bitcoin?
Post by: Finestream on May 03, 2018, 11:16:15 PM
Governments if get united can destroy, but governments won't get united in this regard. Because, each government has got different stand on the cryptocurrency usage. Some agree and adopt it, while some doesn't. Maybe similar to the recent months governments come up with regulations that will restrict the growth but won't lead to destruction.
Right.I believe bitcoin is already inevitable today because a lot of people are learning to value it already as a form of long-term or even short-term investment.So even if the government will continue on making regulations against bitcoin,that won't stop bitcoin from conquering the whole universe since people are the ones who controlled it and not anybody else.


Title: Re: Can government destroy Bitcoin?
Post by: assyla on May 03, 2018, 11:24:31 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Yes, that is true some governments today are banned bitcoin on their country, it is sad but it is happening. Although it is true, it cant destroy bitcoin, bitcoin will continue its transaction and no one can stop it becuase it usually happen online and the government cant stop it because it is not under their scope in government.


Title: Re: Can government destroy Bitcoin?
Post by: zbaharudin on May 03, 2018, 11:40:08 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Indeed in some countries today has banned the use of bitcoin, but i think their efforts to destroy bitcoin certainly not easy
and so far government has only been able to restrict bitcoin users to the prevailing laws of country. This is indeed a worrying endeavor


Title: Re: Can government destroy Bitcoin?
Post by: ys fs on May 04, 2018, 12:22:42 AM
I think that the government will not be able to destroy bitcoin, because the government has no right to destroy it and im sure with it.... :)


Title: Re: Can government destroy Bitcoin?
Post by: Ibrahim1337 on May 04, 2018, 12:43:46 AM
No,
It is out of control for government.
But some country exp china officialy band but,
They use BTC unofficially.


Title: Re: Can government destroy Bitcoin?
Post by: Wish 107.5 on May 04, 2018, 12:47:50 AM
I think the government can not afford the power of the country, especially as many countries know that bitcoin and legitimate countries are connected to bitcoin so the bitcoin can not just break the government because it also supports bitcoin

I think government cannot destroy Bitcoin because there are a lot of people are now supporting it, so Bitcoin is now powerful; thus, it will never easily destroy.


Title: Re: Can government destroy Bitcoin?
Post by: Demughni on May 04, 2018, 12:48:10 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No, I am not sure . the governments only can ban the bitcoin transactions in their countries. I think the government should accepts bitcoin, because bitcoin is the future currency.


Title: Re: Can government destroy Bitcoin?
Post by: cpoer2011 on May 04, 2018, 12:54:45 AM
Nah, the government can not destroy Bitcoin because it's Decentralized and as long people using or trading it, Bitcoin will survive. And the system itself called Blockchain will be use into many sectors. Change is coming, it's true.


Title: Re: Can government destroy Bitcoin?
Post by: gaurav82 on May 04, 2018, 12:55:51 AM
This is decentralized currency and work on world level. It is not regulate by single government. So a single or double or triple government can not destroy it. It can destroy when whole world is against it which is hard to possible.


Title: Re: Can government destroy Bitcoin?
Post by: aryani on May 04, 2018, 12:58:42 AM
the government will not be able to destroy Bitcoin, many people argue that the ban on the use of bitcoin by governments in a country will be able to destroy bitcoin. but in fact bitcoin still exists and has a high price and always in want of many people around the world. this means that prohibiting the use of bitcoin may have an effect on bitcoin prices but I'm sure bitcoin will still exist and always have a lot of interest.


Title: Re: Can government destroy Bitcoin?
Post by: smyslov on May 04, 2018, 01:15:36 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No they cannot, they can try but they cannot, because there is no office to close no business to sue, it is decentralized and and no no group or individuals have the full control and no third party in transactions, they can regulate but doubt if they can stop it.


Title: Re: Can government destroy Bitcoin?
Post by: rizkypurwati on May 04, 2018, 01:19:45 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

I think it is very difficult for the government to destroy bitcoin, because technological advances are tough on opponents, the government's best step is to study blockchain and develop along with technological advances


Title: Re: Can government destroy Bitcoin?
Post by: Jamjamz30 on May 04, 2018, 01:29:55 AM
The government cannot destroy bitcoin, they can only regulate the use of it. Bitcoin is something that cannot be harmed by the government. The government only bans the illegal use of bitcoin and not bitcoin entirely. The government can impose laws about bitcoin but at the end of the day bitcoin will still live and prosper because its technology and its used by people around the world.


Title: Re: Can government destroy Bitcoin?
Post by: eekkaa on May 04, 2018, 01:49:29 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I do not think any hard effort by the government to try to control the condition of bitcoin circulation in my opinion that would not be possible because bitcoin is created to be the only currency that will never be controlled by the government or whoever it is.


Title: Re: Can government destroy Bitcoin?
Post by: Jaslinbor28 on May 04, 2018, 01:51:21 AM
I don't think so. Government can't do so. As because BTC is a digital currency with lots of advantages. It's becoming people's great investment property and some do earn from it. BTC do have a place in people's heart. I love BTC. Some countries accept it  and some are interested in it. I hope it will long last.


Title: Re: Can government destroy Bitcoin?
Post by: xiwanfd on May 04, 2018, 01:55:09 AM
The government has always treated bitcoin as an enemy, because they think it will destroy the currency of the country. They have created a lot of restrictions and regulations, but they can't destroy bitcoin. It's dispersed.


Title: Re: Can government destroy Bitcoin?
Post by: MrCrank on May 04, 2018, 02:04:01 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No, government can't destroy Bitcoin.
Government try ban Bitcoin in few country but they can't ban in all country.
I think this is impossible


Title: Re: Can government destroy Bitcoin?
Post by: Df9898 on May 04, 2018, 02:46:09 AM
the Government can destroy the bitcoin but there must be a clear reason and don't create a bitcoin becomes bad because criminals are made by people not responsible and the Government can destroy the bitcoin if bitcoin have a problem.


Title: Re: Can government destroy Bitcoin?
Post by: Cinemo on May 04, 2018, 03:17:27 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


it is possible that government can destroy bitcoin and other cryptocurrencies cause bitcoin has owned by anonymous so government can easily steal it and dump its value. hopefully our government dont do that cause many of Filipino is depending in bitcoin and other only cryptocurrency job. here in the philippines bitcoin was so popular.


Title: Re: Can government destroy Bitcoin?
Post by: kirito1614 on May 04, 2018, 03:21:05 AM
Numerous individuals, organizations and governments need to crush bitcoin in light of the fact that they see it will annihilate the nation's money due to the numerous limitations and directions they make and need to gradually stop it and this won't be simple since I expect that bitcoin is exceptionally solid and numerous nations are utilizing it and up to now not some are hurt even bitcoin brings a considerable measure of cool new breezes in industry and business and I trust that the administration will soon sanction it.


Title: Re: Can government destroy Bitcoin?
Post by: hefjor on May 04, 2018, 04:10:39 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Theres is possibility if all country are proclaming to ban bitcoin in thier country but its hard to proclaim that,they are know what bitcoin can change thier economic system and it helps a lot of poor people.


Title: Re: Can government destroy Bitcoin?
Post by: lunasol on May 04, 2018, 04:14:33 AM
What kind of stupid question is this? NO a government cannot ‘destroy’ bitcoin. Think about what your asking and be more specific next time. The word ‘destroy’ makes no sense.


Title: Re: Can government destroy Bitcoin?
Post by: taeewo on May 04, 2018, 06:25:11 AM
What kind of stupid question is this? NO a government cannot ‘destroy’ bitcoin. Think about what your asking and be more specific next time. The word ‘destroy’ makes no sense.
You dont need to be harsh in answering a question, the op is asking what he dont know...


Title: Re: Can government destroy Bitcoin?
Post by: EvgeniyWorik on May 04, 2018, 06:34:07 AM
I think that for some time the government can muffle the bitcoin boom, but it can not completely destroy it, the government can not. What would kill bitcoin, you need to disconnect the Internet around the world)


Title: Re: Can government destroy Bitcoin?
Post by: Piggymonster on May 04, 2018, 06:48:51 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I think, the government can banned the use of bitcoin but they can't kill it or destroy it even if they try. Bitcoin is not link to any territory or financial institutions, it is for every people around the world. It gives back to people the freedom to manage their own money and the trust to make a transactions to any stranger living anywhere in the world.


Title: Re: Can government destroy Bitcoin?
Post by: andika2018 on May 04, 2018, 07:23:08 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


As long bitcoin using blockchain technology and using decentralized system, no one government can stop bitcoin. Government have no authorities on bitcoin because bitcoin data spread all around the world and many people around the world keep the data.


Title: Re: Can government destroy Bitcoin?
Post by: ClackKendi on May 04, 2018, 07:39:58 AM
 i do not think so in fact, there are some governments that do not accept bitcoin because they are afraid that bitcoins will lose control of their economy and they fear their citizens will be at high risk of participating in it. , but if things are resolved clear, then there will be no problem destroy government bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: lucy94 on May 04, 2018, 07:47:47 AM
They can if they ban its use, but there is no point to it.


Title: Re: Can government destroy Bitcoin?
Post by: Isaacck on May 04, 2018, 07:50:11 AM
Definitely NO. Bitcoin is like a drugs. Although our government is fighting on drugs, they can't kill all users of it. Like in bitcoin, there will always use bitcoin in transaction, so, government will never destroy bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: cryptojac17 on May 04, 2018, 07:55:52 AM
Definitely NO. Bitcoin is like a drugs. Although our government is fighting on drugs, they can't kill all users of it. Like in bitcoin, there will always use bitcoin in transaction, so, government will never destroy bitcoin
Yeah definitely government cannot kill bitcoin because the system is  anonymous and the transaction is peer to peer the government can do is only to regulate the bitcoin exchanger where the changes from bitcoin to local currency they provide some policy in order to get some taxes out  the transaction.


Title: Re: Can government destroy Bitcoin?
Post by: maxman190 on May 04, 2018, 08:00:21 AM
The first crypto currency can sink the first social network. If Facebook takes advantage of the idea of Telegram and decides to create its own crypto currency, it can topple bitcoin from its pedestal.


Title: Re: Can government destroy Bitcoin?
Post by: DimensionsOfHell on May 04, 2018, 08:09:39 AM
Creating a lot of digital currencies can output bitcoin from the game. In one theory, all products and services will be represented by tokens. In the grocery store you can pay only tokens of this store, and on the digital wallet will be conditional Fedcoin, Facebook Coin and many others, even special coins to pay for babysitting or metro travel.


Title: Re: Can government destroy Bitcoin?
Post by: mrben77 on May 04, 2018, 08:13:12 AM
Its main advantage is anonymity. If the state or Facebook takes over the crypto currency, the transactions will cease to be anonymous. Already, the authorities are making attempts to deanimize.


Title: Re: Can government destroy Bitcoin?
Post by: MakeMoneyBtc on May 04, 2018, 08:20:13 AM
Governments can't destroy bitcoin in the meaning of making it disappear but they can make people stop using it by taking down the price. Governments are very powerful and only by creating a law they can convince a lot of people to sell their bitcoin so that the price goes down. If FUD about governments made people sell their coins think about what effect will have the actual news from government about being against cryptocurrencies


Title: Re: Can government destroy Bitcoin?
Post by: CAPTEZECC on May 04, 2018, 08:35:02 AM
Government can come up with laws and policies that can frustrate the use of bitcoin in some countries and transactions but government can not totally kill bitcoin because of it's decentralized nature.


Title: Re: Can government destroy Bitcoin?
Post by: irenegaming on May 04, 2018, 08:52:21 AM
I don't know where you get your news from cause I don't see any governments banning Bitcoin. Can you name a few countries that have banned Bitcoin. Bitcoin is a decentralized currency which means that no government in the world will be able to destroy Bitcoin no matter how hard they try, they are just going to keep on failing.


Title: Re: Can government destroy Bitcoin?
Post by: boty on May 04, 2018, 09:40:22 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


of course not, no matter how hard the government's efforts can never beat bitcoin, bitcoin circulation will still exist and the government will never be able to prohibit the circulation of bitcoin as long as the internet still exists in the country.


Title: Re: Can government destroy Bitcoin?
Post by: mickeybuddy27 on May 04, 2018, 10:21:43 AM
Governments can't destroy bitcoin in the meaning of making it disappear but they can make people stop using it by taking down the price. Governments are very powerful and only by creating a law they can convince a lot of people to sell their bitcoin so that the price goes down. If FUD about governments made people sell their coins think about what effect will have the actual news from government about being against cryptocurrencies
Government do not want bitcoin because they think that fiat can disappear and it will not benefit for the economic growth but the truth is that it can be the way and help for the country. It is being ban because it is use by those who are greed for illegal transactions where they cannot be track by anyone.


Title: Re: Can government destroy Bitcoin?
Post by: denizci on May 04, 2018, 10:28:21 AM
I think the government can not afford the power of the country, especially as many countries know that bitcoin and legitimate countries are connected to bitcoin so the bitcoin can not just break the government because it also supports bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: ajiejot on May 04, 2018, 10:29:30 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

They can destroy Bitcoin by brainwashing the mind of every people in this world. They will spread bad or fake news about cryptocurrency, to make sure the people will be afraid to use Bitcoin. Since Bitcoin is decentralized, the government will have a hardtime to take down Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: virtue44 on May 04, 2018, 10:35:17 AM
I don't know where you get your news from cause I don't see any governments banning Bitcoin. Can you name a few countries that have banned Bitcoin. Bitcoin is a decentralized currency which means that no government in the world will be able to destroy Bitcoin no matter how hard they try, they are just going to keep on failing.

I believe Pakistan and Iran banned BTC


Title: Re: Can government destroy Bitcoin?
Post by: esa2782 on May 04, 2018, 10:41:13 AM
they can't, it is not something that government can validly crush and demolish, unless they took bold action by shutting down the entire system of internet by force and send society back to stone age, otherwise bitcoin will stay here and around solidly, that is why the action we see from government is banning the bitcoin, forbidding it from widely use and also try their best to limit the scape of bitcoin, that is all they can do.


Title: Re: Can government destroy Bitcoin?
Post by: AurumService on May 04, 2018, 10:55:15 AM
Definitely NO. Bitcoin is like a drugs. Although our government is fighting on drugs, they can't kill all users of it. Like in bitcoin, there will always use bitcoin in transaction, so, government will never destroy bitcoin

Incorrect comparision. Some drugs do kill people and destroy people`s lifes. Bitcoin is a currency. Entering cryptocurrency market is a risk any smart person should understand and accept. That`s it.  ;)


Title: Re: Can government destroy Bitcoin?
Post by: culberth on May 04, 2018, 11:01:12 AM
How about government decide to ban Bitcoin and many country in the world do the same like that. Yes, it will not destroy Bitcoin but it will make Bitcoin dump very low because of that. Many investor will not believe in BTC or other cryptocurrency again and it's the bad scenario.


Title: Re: Can government destroy Bitcoin?
Post by: menloone on May 04, 2018, 11:04:17 AM
The Governments as a whole are 100% already in BTC.


Title: Re: Can government destroy Bitcoin?
Post by: Howard1102 on May 04, 2018, 11:04:29 AM
I think the governments of many countries do not agree with the development of bitcoin currency in the country; there are many people involved in bitcoin in the country has not developed the economy so many governments very scared of a panic.


Title: Re: Can government destroy Bitcoin?
Post by: SplendidHunter on May 04, 2018, 11:06:51 AM
I believe that the government will not destroy the cryptocurrencies! Becouse so many people are involved, that they will survive.


Title: Re: Can government destroy Bitcoin?
Post by: okour999 on May 04, 2018, 11:07:11 AM
it can not stop government alone and the government will not be able to overthrow it, especially when it comes to bitcoin and its many investors so it's not just as bad as it can


Title: Re: Can government destroy Bitcoin?
Post by: vorobev on May 04, 2018, 11:15:29 AM
Yes, they can affect the growth of bitcoins in many ways. Once they ban bitcoins, many investors will stop using bitcoins or investing in it.


Title: Re: Can government destroy Bitcoin?
Post by: Sir Legend on May 04, 2018, 11:28:29 AM
I think the governments of many countries do not agree with the development of bitcoin currency in the country; there are many people involved in bitcoin in the country has not developed the economy so many governments very scared of a panic.
Yes it seems so, most governments are busy with other problems so do not care about bitcoin, the easiest thing is banned bitcoin so there is no new problem if people use bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: lauranaura67 on May 04, 2018, 11:32:27 AM
They can't ban crypto completely. Even if all banks ban crypto related  transactions, people will always find means to buy btc directly from other people. This will have massive negative impact on crypto and slow down its adoption. But no, they can't totally destroy it.


Title: Re: Can government destroy Bitcoin?
Post by: Dark_raven007 on May 04, 2018, 11:40:58 AM
In my opinion, it can not. Bitcoin has already infiltrated the system. It will be too painful. Moreover, they all have the same benefit from it through time (taxes)


Title: Re: Can government destroy Bitcoin?
Post by: thankyoulord on May 04, 2018, 11:47:42 AM
Just as no government can stop the use of the internet same way they can not stop or destroy bitcoin because bitcoin is all about the use of internet. Thus, no government can't destroy bitcoin, they can try but won't be successful because bitcoin is decentralized


Title: Re: Can government destroy Bitcoin?
Post by: TIDOVEE on May 04, 2018, 11:51:32 AM
Why should a government even plan to destroy it?
Under whose government will that be?
Well, even though Bitcoin is decentralized, yet it was initiated by some set of people, so it will take many governments coming together to destroy bitcoin. And this must be under a strong and genuinely agreeable reason. Ofcourse I don't believe there is something impossible except its directly by God


Title: Re: Can government destroy Bitcoin?
Post by: aryaadikariyansyahsuwarto on May 04, 2018, 11:53:46 AM
it could happen, because the government will do anything to block the outstanding bitcoin. and if it happens it is not impossible the bitcoin will be destroyed and disappear ..


Title: Re: Can government destroy Bitcoin?
Post by: thankyoulord on May 04, 2018, 11:55:40 AM
Just as no government can stop the use of the internet. Same way they can not stop or destroy. Bitcoin is all about the use of the internet. Thus, no government can stop bitcoin, they can try but won't be successful because bitcoin is decentralized...


Title: Re: Can government destroy Bitcoin?
Post by: lotfiuser on May 04, 2018, 11:56:45 AM
they try and try and try but only bitcoin users who can destroy bitcoin which is impossible gov can ban it thats all what they can do


Title: Re: Can government destroy Bitcoin?
Post by: iMark on May 04, 2018, 12:01:05 PM
I think the governments of many countries do not agree with the development of bitcoin currency in the country; there are many people involved in bitcoin in the country has not developed the economy so many governments very scared of a panic.
some governments disagreed because it could threaten the existence of their local currency and could add to financial crime so some country banned bitcoin to be used and it had a very bad impact on bitcoin, but I don't think that bitcoin can die because of the government? because you know that bitcoin can not be interfered by anyone


Title: Re: Can government destroy Bitcoin?
Post by: sidebyside on May 04, 2018, 12:03:50 PM
I think bitcoin will not be completely destroyed by the bitcoin ban from a certain country. Bitcoin has influenced the development of many economies of many countries and it is gradually being accepted by major nations. I do not think governments will give up bitcoin backwards  they will try to use it for economic development of the country they


Title: Re: Can government destroy Bitcoin?
Post by: MNtrio on May 04, 2018, 12:03:55 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Honestly the Goverment is very powerful different country but its not a basis that it can destroy Bitcoin and crypto world.But I believe it can makes bitcoin low profile


Title: Re: Can government destroy Bitcoin?
Post by: jhayryl on May 04, 2018, 12:09:33 PM
actually we do not know what really works because we do not hold the dictation of anybody but hopefully they will not do it on bitcoin because many will be affected by everyone who hopes it but they might not immediately break it that should let's expect what they did not do to bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: harbs23 on May 04, 2018, 12:12:44 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

As far as i now there a lot of country allowing bitcoin in their country ! It is possible to prohibit bitcoin in thier country but NOT destroy bitcoin anymore!


Title: Re: Can government destroy Bitcoin?
Post by: buternasek on May 04, 2018, 12:13:23 PM
many governments have banned bitcoin, seeing bitcoin as the biggest threat or deception.
but not all countries do that, there are still many countries that receive bitcoin well.


Title: Re: Can government destroy Bitcoin?
Post by: 19Nov16 on May 04, 2018, 12:13:50 PM
The government can do anything with bitcoin including making bitcoin destroy, the easiest thing to do is turn off the internet so everyone can not access the site and of course this will make bitcoin die.


Title: Re: Can government destroy Bitcoin?
Post by: Goldenprog on May 04, 2018, 12:17:27 PM
The bitcoin digital currency can be destroyed by government rules. This is due to the anonymous nature of an anonymous transaction. The risk of financial anonymity creates an environment in which regulation destroys bitcoin.A small but anonymous transaction with a virtual currency would be interesting, but on a large scale anonymous payments would make it very difficult to collect taxes and win criminal activity.
As for the government in time sooner or later will set the bitcoin and digital currency in general. In fact, digital currencies could be set to none.The government can allow the digital currency to exist peacefully, and not accept it as a means of payment, I think that's what needs to be done. However, my guess is sooner or later the government will arrange to not exist.The potential for government regulation is very real, in line with some countries that have restricted access to exchange of bitcoins and other digital currencies.Earlier, China banned the issuance of a new coin or an ICO initial coin. China has also tightened access to bitcoin exchange


Title: Re: Can government destroy Bitcoin?
Post by: yitepaja on May 04, 2018, 12:19:44 PM
Government can't do that they don't have any control on it.So they can't


Title: Re: Can government destroy Bitcoin?
Post by: Zabrielle on May 04, 2018, 12:21:16 PM
Yeah. That if bitcoin did something against the law. The Government can destroy anything that against the law.


Title: Re: Can government destroy Bitcoin?
Post by: Ondre on May 04, 2018, 12:39:30 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No, they cannot destroy Bitcoin cause it is already spread or penetrating the world. it's like virus without antidote. Cause not all countries will ban it. But willing to accept it. It is advance technology now so we are into digital world and digital money are important.


Title: Re: Can government destroy Bitcoin?
Post by: Bitdressa on May 04, 2018, 12:43:45 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

I think they can not disrupt the aspirations of the people because some of the people who have limitations can not find a decent job for them by making use of this access they can be freer beyond their daily activities and not necessarily the government get bitcoin access so they control it is very likely small when they succeeded in hacking the impact to the long time joining. this is the first step in the modern era in the field of economy only this my opinion hopefully received well.


Title: Re: Can government destroy Bitcoin?
Post by: Raline on May 04, 2018, 12:44:03 PM
They can try, but they wont succeed. The whole concept of decentralization is what will protect Bitcoin and other cryptocurrencies from governments. They are trying to delay the inevitable!!! Change is coming, they will lose their grip on the world and we will all have equal chances to succeed... 
you have the same mind with me, I also think like that. they can do the destruction of BTC but they will not succeed as they had planned I strongly believe it


Title: Re: Can government destroy Bitcoin?
Post by: verziagra on May 04, 2018, 12:46:46 PM
Many bitcoin enthusiasts, despite a lot of resistance in every country. I am sure one day all will receive bitcoin and cryptocurrency and the price is increasing every year.


Title: Re: Can government destroy Bitcoin?
Post by: thanhhoian2016 on May 04, 2018, 12:49:15 PM
I think that's impossible, because they are also using it to do some things, and it is a very good technical currency to trade, saving time, safety and speed.


Title: Re: Can government destroy Bitcoin?
Post by: Elips1 on May 04, 2018, 12:51:25 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

,,,After the existence of bitcoin, there are some other government from other countries wanted to ban bicoin, but unfortunately they were failed. Actually, bitcoin is still growing for nowadays and it works normally for the better future.


Title: Re: Can government destroy Bitcoin?
Post by: warning_btc on May 04, 2018, 12:51:54 PM
Today we see how decetralized apps can be destroyed by governments.
See for example telegram messenger which cant be banned by Russian government and its only beginning


Title: Re: Can government destroy Bitcoin?
Post by: bitcoinmasterlord on May 04, 2018, 12:54:28 PM
Yeah. That if bitcoin did something against the law. The Government can destroy anything that against the law.
Yes in many countries governments announced that using bitcoin is against the law and suppose if you use means you have to pay a penalty. But till today no governament officially announced that they ban cryptocurrency in their country. that means they are against the blockchain technology and they don't have any control over it. once the governament lost there control then they will destroy anything it maybe bitcoin or something else.


Title: Re: Can government destroy Bitcoin?
Post by: nara1892 on May 04, 2018, 12:57:26 PM
The government maybe able to 'destroy' bitcoin in the country. Even if the government blocks all bitcoin-related sites and completely banned.
The government can't seize the bitcoin that we have, except we keep it in the online wallet that they've created.


Title: Re: Can government destroy Bitcoin?
Post by: kier010 on May 04, 2018, 01:03:47 PM
they can't destroy bitcoin but they can regulate it. why destroy if they can get money from it and it can passively help their economic to grow. many are against but don't forget many are also in favor of bitcoin. bitcoin is also decentralized and no one is in control over it.


Title: Re: Can government destroy Bitcoin?
Post by: Odelkaleng on May 04, 2018, 01:06:09 PM
I think it could be a government to remove or destroy bitcoin. Because for a government if it can threaten then they will take any action. For example if bitcoin is used for everything that is illegal then it can certainly threaten a government.


Title: Re: Can government destroy Bitcoin?
Post by: karamanacar on May 04, 2018, 01:07:25 PM
Definitely NO. Bitcoin is like a drugs. Although our government is fighting on drugs, they can't kill all users of it. Like in bitcoin, there will always use bitcoin in transaction, so, government will never destroy bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: Pier7 on May 04, 2018, 01:08:10 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No, i don't think so, government may ban the usage of bitcoin but they can never ever destroy it. Bitcoin is created for all the people around the world, it is decentralized and nobody controls it.


Title: Re: Can government destroy Bitcoin?
Post by: YED on May 04, 2018, 01:08:25 PM
Complying with government regulators' rules may remove ostensible excuses from their rhetorical arsenal and that may help for a very precious time. But more important are mainstreaming cryptocurrency before regulators can shut it down (the Uber effect) and legally bribing politicians with Bitcoin with with proceeds from the cryptocurrency industry (wealthy cryptocurrency owners should fund key politicians' campaigns, preferably with Bitcoin).

Keeping cryptocurrency legal really is a race against the clock at this point. Its growing popularity serves clashing forces by simultaneously spooking the regulators and mainstream it. The latter wins only to the extent the former can be restrained.



Title: Re: Can government destroy Bitcoin?
Post by: ericmalik on May 04, 2018, 01:08:39 PM
well i think instead this questions we need to enhance data on bitcoin.
no wonder, government try to destroy bitcoin.but they cant success.


Title: Re: Can government destroy Bitcoin?
Post by: lelangsabun on May 04, 2018, 01:10:11 PM
That was so hard for the goverment to destroy bitcoin. Many problem that they consider in it matter and many of point about it and that just imposible for them to destroy it


Title: Re: Can government destroy Bitcoin?
Post by: hoavantathan on May 04, 2018, 01:13:49 PM
i don't think so. government will accept them. real money will be disappear soon. government must find some thing to trade


Title: Re: Can government destroy Bitcoin?
Post by: josephpogi on May 04, 2018, 01:18:12 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

I dont think if goverments will going to destroy it because some govermemts are accepting this because they know the potential of the cryptocurrency  and i know that this cryptocurrency is our future money our future currency because people used this to trasact so fast.


Title: Re: Can government destroy Bitcoin?
Post by: efxtrader on May 04, 2018, 01:25:25 PM
they can't destroy bitcoin but they can regulate it. why destroy if they can get money from it and it can passively help their economic to grow. many are against but don't forget many are also in favor of bitcoin. bitcoin is also decentralized and no one is in control over it.

What government can do is making regulation on cryptomarket so government can collecting taxes. To destroy or ban bitcoin, government should shut down internet connection on their country because as long internet connection exist, bitcoin or other crypto will always exist too.


Title: Re: Can government destroy Bitcoin?
Post by: Phyton76 on May 04, 2018, 01:29:39 PM
As recently government are banning bitcoin in some countries. Do you think can government destroy bitcoin?

I guess the bitcoin is already created on the internet and it is already been up in the system having the thinking that no one was an owner of this bitcoin, In my opinion, is a big lie that blockchain is already up and developing over time I don't believe that there is no one that is making this all happened meaning it is already so powerful.When it comes on the internet even the government cannot shut down the bitcoin and blockchain easily because it is already up all over the world surely they could have blocked it but it could go back and already even if they block it in their county there is always a way to access it.


Title: Re: Can government destroy Bitcoin?
Post by: Gontxi on May 04, 2018, 01:30:49 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



I think there's been a lot of reviews about what you discussed. there are various differences from many of its members here. but in fact, every country can not destroy bitcoin. and this has happened in the past several years. the last country forbid strong is china, why china, because most miners from china residents. but bitcoin is still used until this moment.


Title: Re: Can government destroy Bitcoin?
Post by: iqlimasyadiqa on May 04, 2018, 01:34:44 PM
The government does have the power to do so, in conclusion then the government is an institution that will make regulations whether Bitcoin can be used or prohibit it. The government is very powerful and when the government supports it can be said that the price of Bitcoin will increase because of the increasing trust owned by the public. If the government does not support then one more step Bitcoin will lead to a destruction.


Title: Re: Can government destroy Bitcoin?
Post by: TrufieldICO on May 04, 2018, 01:36:47 PM
For governments to destroy Bitcoin and other Cryptos, they would have to destroy the internet first. And I don't think anyone can


Title: Re: Can government destroy Bitcoin?
Post by: Lounadolcy on May 04, 2018, 01:39:57 PM
No, i think it's impossible.. governments might determine the medium of exchange by coordinating beliefs, employing transactions policy, and punishing users of alternatives. By declaring an item legal tender, for example, the government might create an especially salient focal point around which individuals can coordinate on a particular money. Legal tender status might be nothing more than a designation; it need not convey any special privileges under the law (though sometimes it does).


Title: Re: Can government destroy Bitcoin?
Post by: Tusher1234 on May 04, 2018, 01:42:17 PM
I think government can't destroy bitcoin. But government can ban bitcoin. In some countries government ban bitcoin. But they can't destroy bitcoin...


Title: Re: Can government destroy Bitcoin?
Post by: sr32703 on May 04, 2018, 01:44:37 PM
According to me Government can't destroy bitcoin just banned in the country's. But it will bad effect for bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: ajoygb on May 04, 2018, 01:44:57 PM
How can government destroy bitcoin if it is the bitcoin can help the government in the growing of its economy  and to sustain the needs of the people.. Bitcoin will be more helpful in the transparency of government and to .take care of the assets of the govenmen


Title: Re: Can government destroy Bitcoin?
Post by: Elrozaq on May 04, 2018, 01:52:14 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No, I am not sure, The governments only can ban bitcoin. they cannot distroy bitcoin. the bitcoin is virtual money, it is a digital currency and the bitcoin is the future. I think No one can refuse the future.


Title: Re: Can government destroy Bitcoin?
Post by: klebsiella on May 04, 2018, 02:03:25 PM
I don't think a government can destroy bitcoin. But, I believe they have the capacity to ban the usage of it. Just like what the government of Bolivia, Ecuador and other countries that have already done so. Unfortunately, few countries have taken steps to ban cryptocurrencies and the threat is legitimate.


Title: Re: Can government destroy Bitcoin?
Post by: powermagic on May 04, 2018, 02:17:42 PM
nothing is impossible, to do including destroying btc, but to do that takes a lot of consideration because not a few are legalizing btc in many countries, now back again to the government will take it or vice versa?


Title: Re: Can government destroy Bitcoin?
Post by: olyolali on May 04, 2018, 02:22:03 PM
I think bitcoin will not be destroyed, will not be able to menyitapun because until now who the creator and how bitcoin made is still a mystery
and many bitcoin users will not agree with the government's decision


Title: Re: Can government destroy Bitcoin?
Post by: Devawnm367 on May 04, 2018, 02:40:57 PM
They may ban it in places but, there are ways around that and lets say if the us banned it, that doesnt mean china, japan, korea any of these places do, it won't be illegal everywhere!!!


Title: Re: Can government destroy Bitcoin?
Post by: JoshyKulotski on May 04, 2018, 02:43:58 PM
Government can do anything literally everything even commanding war they can. Government was the one who making and signs the law, they assigns the tax on every companies and in every person, and they are the one who command everything.
Can government destroy Bitcoin? Definitely Yes, because of their genuine power in the country. Democracy? Yes, it can help but money and greediness among people will be on the first place.


Title: Re: Can government destroy Bitcoin?
Post by: crossabdd on May 04, 2018, 02:52:58 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

in my opinion, the government can't destroy bitcoin. because bitcoins are connected. and runs without being controlled by one person or institution, but the government can prevent bitcoin to be used, ie prohibit the use of bitcoin for its people. and for those who violate will be given the law. but I think that's impossible. because bitcoin is a transparent and traceable transactions future. this is the technology of the future. so many countries and governments are supporting Bitcoin technology.


Title: Re: Can government destroy Bitcoin?
Post by: Specnaz_Parusnoe on May 04, 2018, 02:53:53 PM
tgm,e rfgm
 :o :o :o


Title: Re: Can government destroy Bitcoin?
Post by: Williams_Leo on May 04, 2018, 02:56:52 PM
A country with a low economy will not be able to destroy Bitcoin, there are many countries nowadays involved in Bitcoin to get high profits, but there are also risks that Bitcoin will bring to the home. As well as many countries around the world are participating in and allow Bitcoin to grow.


Title: Re: Can government destroy Bitcoin?
Post by: kalstarzz on May 04, 2018, 03:00:27 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

I think it is very impossible if done by one or two countries only, because bitcoin will continue to run as long as there are countries that accept it. if all countries in the world forbade it there may be bitcoin will be destroyed.


Title: Re: Can government destroy Bitcoin?
Post by: asus09 on May 04, 2018, 03:03:06 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



any government can ban the development of bitcoin within its country's global economy. however, bitcoin can not be destroyed. we can know it from history. some countries have tried to destroy its development but bitcoin can last more than a decade and to this day will continue in every innovation and growth.


Title: Re: Can government destroy Bitcoin?
Post by: dhka on May 04, 2018, 03:03:39 PM
For governments to destroy Bitcoin and other Cryptos, they would have to destroy the internet first. And I don't think anyone can

That comment of yours might sound absurd, but it is actually true.
That is the power of decentralization because it has not regulated by single system or groups. It is fully dependent of its users.
While there are any people who are still using it, bitcoin will still be there


Title: Re: Can government destroy Bitcoin?
Post by: Genamant on May 04, 2018, 03:06:52 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


The government cannot destroy bitcoin. They can ban it or regulate it but they cannot abolish bitcoin. Too many regular people are living off bitcon that it will find a way to be used by people. Unless every nation gets rid of their internet then maybe bitcoin will be lost. And i don't think that will happen anytime.


Title: Re: Can government destroy Bitcoin?
Post by: Shadovka on May 04, 2018, 03:16:58 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



Governments definitely can destroy bitcoin. Either by regulating laws on banning bitcoin or make it very difficult to trade bitcoin, in a way the citizens might drop the trading of bitcoin due to all the hassle to involve in trading bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: GeniusAko on May 04, 2018, 03:19:21 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Government can't destroy the bitcoin because the life of the bitcoin depends to its users. The bitcoin will not lose its value if all its users will continuing to use and to buy bitcoins.


Title: Re: Can government destroy Bitcoin?
Post by: AurumService on May 04, 2018, 03:23:01 PM
I think bitcoin will not be destroyed, will not be able to menyitapun because until now who the creator and how bitcoin made is still a mystery
and many bitcoin users will not agree with the government's decision

I think that if government officials decide to break bitcoin down they will do it by any means. For now they don`t care who the creator of Bitcoin is but if they decide to know it it will be no problem. The fact that bitcoin users won`t agree with the government`s decision doesn`t matter for officials. If they decide to block it the number of crimes won`t decrease but grow because the players won`t go away they just go in the shadow zone.


Title: Re: Can government destroy Bitcoin?
Post by: Dudeperfect on May 04, 2018, 04:06:04 PM
Not at all! In fact, if the government is banning Bitcoin to fiat and vice versa transactions, even in that case we will be able to trade crypto with cash and even individual bank transfers (one to one unlike exchange system). Bitcoin as a technology is very strong and no one can destroy it other than the users. Lack of maturity among the users is the biggest concern in my opinion when it comes to the journey of Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Joyeeta on May 04, 2018, 04:14:55 PM
I don't think any Government can destroy bitcoin now, it's been 10 years bitcoin in the market and it will continue to grow. So it will be impossible task for any govt to challenge bitcoin at this point.


Title: Re: Can government destroy Bitcoin?
Post by: jpespa on May 04, 2018, 04:26:45 PM
They may be able to ban bitcoin in their country but they cannot destroy or delete the existence of bitcoin because bitcoin is also part of technology that we are using and beside bitcoin is not owned by anyone.


Title: Re: Can government destroy Bitcoin?
Post by: jerowacik on May 04, 2018, 04:27:50 PM
Depending on if, and how, government going to destroy bitcoin. The only way bitcoin could be destroyed with regulation the cryptocurrency market to collect huge tax revenues.


Title: Re: Can government destroy Bitcoin?
Post by: Edraket31 on May 04, 2018, 04:32:21 PM
Depending on if, and how, government going to destroy bitcoin. The only way bitcoin could be destroyed with regulation the cryptocurrency market to collect huge tax revenues.
I don't think that the government could ever do something to ruin bitcoin unless they would declare to banned bitcoin in their respective country, but although right now a lot of countries banned bitcoin, it is still existing.


Title: Re: Can government destroy Bitcoin?
Post by: THATBTC on May 04, 2018, 04:36:10 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



No, that will not happen, on the contrary, it will end up accepting it in each country


Title: Re: Can government destroy Bitcoin?
Post by: electronus on May 04, 2018, 04:40:22 PM
If the crypto currency is widely spread, it is the society that will choose the leader of the crypto currency and determine its fate, not the government. and the same government will not be able to prevent and even less destroy the very idea and implementation of crypto currency in the world.


Title: Re: Can government destroy Bitcoin?
Post by: ACCOUNTSTRADER on May 04, 2018, 04:42:04 PM
WTF?! Mate thats impossible, goverments can prohibe use btc, but destry it its impossible! Thats why its beautifull, becouese nobody can control it.


Title: Re: Can government destroy Bitcoin?
Post by: stryker on May 04, 2018, 04:43:34 PM
The government may recognize as illegal bitcoin on the territory of the country. But they can not destroy bitcoin. Bitcoin isn't controlled by anyone, including the government of any country.


Title: Re: Can government destroy Bitcoin?
Post by: haxker007 on May 04, 2018, 04:59:11 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Btc is an imperceptible material so it is extremely troublesome for the government to destroy or endeavor to destroy it since I realize that Btc has the energy of all financial specialists who dependably enable to Btc and it is unimaginable for the government to destroy Btc rather it will pivot Btc will destroy the government.


Title: Re: Can government destroy Bitcoin?
Post by: alvinmtp on May 04, 2018, 05:06:38 PM
the government will not be able to destroy Bitcoin, many people argue that the ban on the use of bitcoin by governments in a country will be able to destroy bitcoin. but in fact bitcoin still exists and has a high price and always in want of many people around the world. this means that prohibiting the use of bitcoin may have an effect on bitcoin prices but I'm sure bitcoin will still exist and always have a lot of interest


Title: Re: Can government destroy Bitcoin?
Post by: ankurguta87 on May 04, 2018, 05:27:26 PM
The truth is yes, till Bitcoin is dependent on fiat currency. In India Bitcoin market was booming like anything but when it comes to decision, central Bank of India tooks one one step and Bitcoin is going to die. They banned Banks to support Bitcoin.

When no one will be able to convert Bitcoin to fiat there is no use of it...


Title: Re: Can government destroy Bitcoin?
Post by: adpinbr on May 04, 2018, 05:37:07 PM
If a.country bans bitcoin there are still altcoins that you can use. and i think government can play a role in destroying a cryptocurrency if all countries agreen to illegalized and destroy bitcoin. But that wont happen since japan already legalized bitcoin and some countries already accepts bitcoin in their companies.


Title: Re: Can government destroy Bitcoin?
Post by: Bionicgalaxy on May 04, 2018, 05:44:05 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

If all the government banned bitcoin in there country in conclusion bitcoin will be no more. I think it will never gonna happen because there are now countries that bitcoin is legal and accept it as a payment, so there are no possibility that bitcoin will be destroy and governments do not actually can take over bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: iram1011 on May 04, 2018, 05:46:22 PM
No governement or authority has enough resources or time to completely ban a decentralised for of currency that too on an internet from existing unless there is a break down of the internet itself. They can only regulate it until people are converting these crypto in fiat. Else crypto currencies are quite untraceable and can't be easily analyzed for taxing on gains. The ultimate motive of crypto is to give the decentralized form of financial landscape free from any type of regulation or manipulation. This can only be achieved if the utility of bitcoin increases and people start trusting it as a monetary system more.


Title: Re: Can government destroy Bitcoin?
Post by: stely41 on May 04, 2018, 05:53:54 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

If all the government banned bitcoin in there country in conclusion bitcoin will be no more. I think it will never gonna happen because there are now countries that bitcoin is legal and accept it as a payment, so there are no possibility that bitcoin will be destroy and governments do not actually can take over bitcoin.
Governments might determine the medium of exchange by coordinating beliefs, employing transactions policy, and punishing users of alternatives. By declaring an item legal tender, for example, the government might create an especially salient focal point around which individuals can coordinate on a particular money.


Title: Re: Can government destroy Bitcoin?
Post by: Ikbal Naiem on May 04, 2018, 05:54:28 PM
Of course not , It is impossible to destroy the bitcoin . because bitcoin is the global coin ,almost all over the country's people know about bitcoin when any country ban the bitcoin its news spread all over the world then  people are interesting to know activity of bitcoin.Day by day bitcoin popularity increasing at increasing rate.


Title: Re: Can government destroy Bitcoin?
Post by: hidustep on May 04, 2018, 06:07:09 PM
if then could they already would have done this but they can't.they can just ban it nothing else


Title: Re: Can government destroy Bitcoin?
Post by: Aying on May 04, 2018, 06:13:28 PM
No governement or authority has enough resources or time to completely ban a decentralised for of currency that too on an internet from existing unless there is a break down of the internet itself. They can only regulate it until people are converting these crypto in fiat. Else crypto currencies are quite untraceable and can't be easily analyzed for taxing on gains. The ultimate motive of crypto is to give the decentralized form of financial landscape free from any type of regulation or manipulation. This can only be achieved if the utility of bitcoin increases and people start trusting it as a monetary system more.
If they can destroy the world for sure no more bitcoin existing right now right? That is why I really love bitcoin as it is not controlled by anyone and I am confident that no one can hack it.


Title: Re: Can government destroy Bitcoin?
Post by: Dapu gap on May 04, 2018, 06:42:33 PM
The government can not destroy its own bitcoin because of its decentralized nature. However, they can control and restrict their use in the territory of their jurisdiction


Title: Re: Can government destroy Bitcoin?
Post by: Vart4varta on May 04, 2018, 07:19:52 PM
Needless to say, the crypto currency is difficult to destroy immediately - it was created in order to withstand external pressure. However, you can block the corresponding traffic, close certain resources, and completely prohibit bitcoins. In this case, the system is really waiting for serious problems.


Title: Re: Can government destroy Bitcoin?
Post by: Salesman4coinZ on May 04, 2018, 07:25:23 PM
I dont think that any gouverment of the world could every destroy a cryptocurrencies. How should this go? Cryptocurrencies are decentralized, so there no main server who you can turn off. So maybe you can go and hunt the miners in your country, but this would be a huge tast and you will be never aible to get them all. And as long as they have internet in this country and many miners and fullnotes outside, the bitcoin or any other cryptocurrencies blockchain will always running!


Title: Re: Can government destroy Bitcoin?
Post by: boris singer on May 04, 2018, 07:26:07 PM
The government can not destroy its own bitcoin because of its decentralized nature. However, they can control and restrict their use in the territory of their jurisdiction

if all countries agree to ban bitcoin, then they can destroy it verbally, but this will not be done because it is feared will emerge crime rate higher than cyberspace. Bitcoin has a big influence on this. Everything can still happen, but the fact is that not all countries today agree to ban bitcoin, and that will not damage the whole crypto ecosystem.


Title: Re: Can government destroy Bitcoin?
Post by: Ailmand on May 04, 2018, 08:40:08 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


In can, not literally though. It can destroy the cryptocurrency market by way of making it an illegal act or banning it that would prohibit people from using or supporting it, that in a sense, would be similar to death because that would surely affect the market and its assets so negatively that bad things will happen, most notably, the fall of the market itself. However, as I see it, a government wouldn't do that because, the thing is, they can have so many advantages from it.


Title: Re: Can government destroy Bitcoin?
Post by: Udrujec on May 04, 2018, 09:30:58 PM
I think the government can destroy bitcoin, but I hope it won't. Cryptocurrency is not evil and it is not intended to destroy the world and the economy, but on the contrary, it can improve our lives. I wish our government understood this.


Title: Re: Can government destroy Bitcoin?
Post by: Dondisimo on May 04, 2018, 10:02:48 PM
Undoubtedly, if the government sets a clear goal to destroy bitcoin, they will be able to do so. But I believe that mostly advanced people sit in power and figure out how best to allow bitcoin to function in the world and not stount to destroy it.


Title: Re: Can government destroy Bitcoin?
Post by: Urbinklin on May 04, 2018, 10:27:24 PM
If all countries of the world conspired and unanimously banned bitcoin, it could destroy it. But already several States have adopted bitcoin, some have the intention to consider its adoption, so destroy bitcoin around the world will not succeed. It's stupid.


Title: Re: Can government destroy Bitcoin?
Post by: Wowcoin on May 04, 2018, 10:31:28 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Maybe they can ban bitcoin on there country but they cannot destroy bitcoin because bitcoin is a digital currency that we can use internet. If internet will gone that is the only way to destroy bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: kache2018 on May 04, 2018, 10:36:24 PM
I think this is ironic in a sense that bitcoin is a decentralized platform where in control is limited to its users. How possible bitcoin can be intervened by the government or how true is that it has being banned in some countries?


Title: Re: Can government destroy Bitcoin?
Post by: rickyNmorty on May 04, 2018, 10:45:55 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Though it may seem like they could because they are just effortlessly banning cryptocurrencies in tgeir respective countries the  truth is they really couldn't and no country could do it to bitcoin. There is no way a local government or even a national government could subjugate bitcoin just as how no country could take advantage of bitcoin's powers for themselves. Because bitcoin is a decentralized cryptpcurrency.


Title: Re: Can government destroy Bitcoin?
Post by: terbetet on May 04, 2018, 10:50:42 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

For me, government cannot destroy Bitcoin because for some reasons, their power is just limited for their own states or countries so it is still impossible if the international federation will do such thing, maybe they can but it will be a real large chaos because people especially individuals do have different beliefs, perception and reasoning towards using Bitcoin so still it is impossible because if they force to push on destroying Bitcoin, they will just fail to do it because a lot more people is still into using Bitcoin and the power of the government may not be enough to prohibit Bitcoin usage added by the fact that it is decentralize.


Title: Re: Can government destroy Bitcoin?
Post by: iamzill on May 04, 2018, 10:51:57 PM
Does the government have the authority to destroy bitcoin? I do not think so. the government can only impose a ban or accept bitcoin in the country the government has no right to destroy bitcoin because the government has no role to the development of bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: walemil on May 04, 2018, 11:11:14 PM
Government can not completely shutdown bitcoin. They can only try but they will not be successful. There will always be cryptocurrencies friendly countries and some enthusiasts will not mind focusing on these countries due to the ease of doing business.


Title: Re: Can government destroy Bitcoin?
Post by: kache2018 on May 04, 2018, 11:16:42 PM
Government's intervention for me is based from that fact that they cannot earn from them unless they are being taxed. Government has no jurisdiction with bitcoin so what they do is they are partnering with internet providers to prevent its usage and their they can stop it.


Title: Re: Can government destroy Bitcoin?
Post by: lukeclick on May 04, 2018, 11:29:27 PM
Governments controls what happens within the country's borders,  whatever they decide as laws take effect, Therefore they have the powers to decide what they feel is  good and whats not good for their countries. if  the world governments act in union an decide to make Bitcoin illegal then it will be worthless and valueless, No one wants anything valueless as it will have no purpose at all. If this happens then they will have destroyed BTC completely as it will cease to have any use,


Title: Re: Can government destroy Bitcoin?
Post by: maflec0713 on May 05, 2018, 02:08:39 AM
The government cannot destroy bitcoin but they can regulate it in terms of law and policy of the government. Other government banned bitcoin because they can't control it because of its decentralization of digital currency. Even the government banned bitcoin in their country, their people can still used bitcoin and earn bitcoin in other country that accepts bitcoin transactions.


Title: Re: Can government destroy Bitcoin?
Post by: Flayme on May 05, 2018, 02:50:09 AM
For me the government can banned bitcoin but they can never stop it... This is the era of Bitcoin even the government has a power to control it still they can't manipulate the desire of people to use it....  Beyond their restrictions we know that they are just only aiming for the goodness of their country...  I think they restrict it because they saw that bitcoin has its disadvantage...  But we are hoping tha beyond the disadvantage of bitcoin they will probably saw its advantage to us... We are hoping that soon government will be the one who promote Bitcoin...


Title: Re: Can government destroy Bitcoin?
Post by: Gabrieelle on May 05, 2018, 03:03:08 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?
These government could stop the growth of bitcoin momentarily and i have not seen any major governments taking a stance against bitcoin, some of the Asian countries have mixed response according to the region but they cannot shut the network but they can make things difficult for the users to trade smoothly.
You're right on government cannot stop bitcoin but somehow it is affecting the price of it which is really not a good thing for the users. Unless every country in the world comes together to put bitcoin down I think it will be possible but as we can see different government has different perspective about bitcoin and they also has their won decisions.


Title: Re: Can government destroy Bitcoin?
Post by: 3angel84 on May 05, 2018, 03:19:42 AM
I think that the government could not destroy this and they will not do it because what the government really its absulote purpose in destroying it if these crypto can makes its citizens good,for I've understand that the what the government vission is to make the citizen of its country to be a better citizens and I think that theres a lot of positive
impact brought but this crypto so why does they distroy it if this can make the citizen into a better ones.


Title: Re: Can government destroy Bitcoin?
Post by: barlo_blake on May 05, 2018, 03:21:51 AM
It can because only the government have the complete machinery to destroy bitcoin, they can make a law to prohibit accessing bitcointalk.org in order to stop connecting to website.


Title: Re: Can government destroy Bitcoin?
Post by: MakLampir on May 05, 2018, 03:46:21 AM
Creating a lot of digital currencies can output bitcoin from the game. In one theory, all products and services will be represented by tokens. In the grocery store you can pay only tokens of this store, and on the digital wallet will be conditional Fedcoin, Facebook Coin and many others, even special coins to pay for babysitting or metro travel.


Title: Re: Can government destroy Bitcoin?
Post by: jhenz20 on May 05, 2018, 03:47:04 AM
Governments want to destroy bitcoin because they see it will destroy the currency of the country, but they will never succeed to destroy this. They Cannot control the bitcoin because this is the digital currency that works through internet connection. Even if they want to banned the bitcoin in our country, many people will make a way to perform bitcoin, maybe they will used a private network that they can transact using bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: jerix on May 05, 2018, 04:00:53 AM
As recently government is banning bitcoin in some countries. Do you think can government destroy bitcoin?

If the Government of the whole country forbids Bitcoin, it is certain that the Government could slowly dislodge Bitcoin. Because if every Bitcoin country has been banned for sure we will not be allowed to use Bitcoin again. I hope there are not many countries that forbid Bitcoin so that Bitcoin will survive forever. I do not want Bitcoin to be ruined because Bitcoin is my only job.


Title: Re: Can government destroy Bitcoin?
Post by: Kisanaq on May 05, 2018, 04:49:07 AM
Government has unlimited power and if you want to make bitcoin destroy then it is easy, the government will recruit experts to make bitcoin destroy, but I hope this is never done all government.


Title: Re: Can government destroy Bitcoin?
Post by: CrayjeksAjek on May 05, 2018, 04:57:14 AM
The government have the powerfull to destroy and to grow up bitcoin popular in their country, they have the power to banned and allow the bitcoin as the payment transaction in their country. They will try to banned bitcoin if have less and negative effect for their income and they are will be allow for bitcoin as transaction payment if bitcoin will be positive effect. Always all country will be allow bitcoin if have positive and could make income for it self.


Title: Re: Can government destroy Bitcoin?
Post by: aezotxmb on May 05, 2018, 05:01:33 AM
From past experience, it is difficult for a single government to destroy bitcoins unless it is possible for most large countries to jointly ban mines and destroy bitcoins. Last year we all knew that China closed their exchange services and ICO business, but this did not destroy bitcoin, and even China's encrypted users have increased.


Title: Re: Can government destroy Bitcoin?
Post by: guppak on May 05, 2018, 05:06:53 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


This kind of news will only affect the price of bitcoin in the interim time. several times the bitcoin is shaken but in the end, it can recover. The government will not be able to destroy Bitcoin, many people argue that the ban on the use of bitcoin by governments in a country will be able to destroy bitcoin. but actually, bitcoin is still there and has a high price and always in want of many people around the world. this means that prohibiting the use of bitcoin may have an effect on bitcoin prices but I'm sure bitcoin will still exist and always have a lot of interest.


Title: Re: Can government destroy Bitcoin?
Post by: Beldon on May 05, 2018, 05:22:19 AM
As recently government is banning bitcoin in some countries. Do you think can government destroy bitcoin?

I think the Government will not be able to destroy Bitcoin. Bitcoin will survive and live forever. Although there are some countries that ban it Bitcoin can definitely maintain its existence and will not disappoint its users. I'm sure Bitcoin is able to get through this very heavy obstacle.


Title: Re: Can government destroy Bitcoin?
Post by: ashlyvash00 on May 05, 2018, 05:33:28 AM
Will as long as people wont stop scam people then government can destroy. Because scamming make the name of bitcoin dirt. Thats 3 of 5 people believe that bitcoin is scam because of the bad news.


Title: Re: Can government destroy Bitcoin?
Post by: funyjackson on May 05, 2018, 05:41:05 AM
they can't do it . bitcoin is decentralized . it is widely distributed in all corners of the globe . it will become a universal currency for the world , not far in the future .


Title: Re: Can government destroy Bitcoin?
Post by: crypto.kaka on May 05, 2018, 05:43:42 AM
Never the government will break and destroy the bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: Agapelove on May 05, 2018, 05:51:02 AM
The government cannot destroy bitcoin but in terms of what they can do, they can only regulate the use of it. The government only banned the illegal use of bitcoin in some countries, but they cannot ban bitcoin overall. With some laws that the government can make up, we are safe to say that they can only impose laws to certain degree that they cannot harm bitcoin but can keep bitcoin at their watch.


Title: Re: Can government destroy Bitcoin?
Post by: maydna on May 05, 2018, 11:58:22 AM
I am sure that the government can destroy bitcoin because they have an unlimited resource that capable to do that. but somehow, I think the government still learning about bitcoin and they wonder why bitcoin price is too volatile and they cannot control bitcoin. maybe they need time to know everything about bitcoin so they can make a regulation for bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: ostrovagaly on May 05, 2018, 02:26:30 PM
I don't see the government of any country destroying bitcoin they can only come up with policy and laws that would not be  friendly with it, nevertheless bitcoin will still thrive though might not be openly traded. 


Title: Re: Can government destroy Bitcoin?
Post by: MMA on May 05, 2018, 08:38:22 PM
Government has unlimited power and if you want to make bitcoin destroy then it is easy, the government will recruit experts to make bitcoin destroy, but I hope this is never done all government.
I think some counties have already tried their best to stop their people from using bitcoin, but still i do not think that they have become succeeded, i think that they still cannot succeeded to stop their people form using bitcoin, in my country our government instructed people to stop using bitcoin and other altcoin but still people are using it without any difficulties.


Title: Re: Can government destroy Bitcoin?
Post by: ariaalex on May 05, 2018, 09:29:14 PM
government try to destroy it...cause they don't get taxes...but they failed..It seems like ridiculous..


Title: Re: Can government destroy Bitcoin?
Post by: marabanda on May 05, 2018, 09:58:43 PM
Yes, recently this question is very often found on the territory of this forum.
The government will use its best efforts to prevent crypto-currencies from taking the leading positions in the market, especially when there is a real threat that crypto-currencies can replace the entire modern financial system. However, at the moment, the capitalization of the whole market is very low in currency, when compared with the dollar.


Title: Re: Can government destroy Bitcoin?
Post by: fbastage on May 05, 2018, 11:30:08 PM
Of course! However bitcoin was independent, the government exerts a very strong influence (through the media, bans and laws on the use of crypto currency and other means), thus undermining the credibility of crypto-currencies!


Title: Re: Can government destroy Bitcoin?
Post by: 7Dyoknga5 on May 05, 2018, 11:35:09 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


it will not be a destruction but it will render bitcoin useless when banned. Governments are capable of doing so with registered business on their countries and if that happen, only p2p transactions will be left. And that kind of transaction seldom happens


Title: Re: Can government destroy Bitcoin?
Post by: berinatt on May 05, 2018, 11:36:04 PM
They can not do anything mate, if they tried the price will go up.


Title: Re: Can government destroy Bitcoin?
Post by: dereksiltz on May 05, 2018, 11:36:23 PM
Nah I don't think so.


Title: Re: Can government destroy Bitcoin?
Post by: kasemin on May 05, 2018, 11:41:47 PM
The government will not be able to destroy Bitcoin as it will be a very fatal decision for the country and a negative impact if the government should immediately legalize Bitcoin and this will benefit the country and the government will gain much support in developing the country. Use it and until now no one has been harmed even Bitcoin brings a lot of cool new winds in industry and business.


Title: Re: Can government destroy Bitcoin?
Post by: sari_ on May 05, 2018, 11:50:32 PM
why the government must destroy bitcoin. it should support if every existing modern technology then we reject it then we will be obsolete. what the government must call is. see the positive and negative impact of more names for the nation and country


Title: Re: Can government destroy Bitcoin?
Post by: cryptonage on May 05, 2018, 11:55:03 PM
No. But they can take it over control. They can centralize it.


Title: Re: Can government destroy Bitcoin?
Post by: Rkss4 on May 06, 2018, 12:01:09 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Yes  a government can destroy bitcoin if he tries. A government and bank systems can be two major catalysts in crypto world. They fully control bitcoin and other currency if they wish and try.


Title: Re: Can government destroy Bitcoin?
Post by: Good Bo on May 06, 2018, 12:01:44 AM
No governement or authority has enough resources or time to completely ban a decentralised for of currency that too on an internet from existing unless there is a break down of the internet itself. They can only regulate it until people are converting these crypto in fiat. Else crypto currencies are quite untraceable and can't be easily analyzed for taxing on gains. The ultimate motive of crypto is to give the decentralized form of financial landscape free from any type of regulation or manipulation. This can only be achieved if the utility of bitcoin increases and people start trusting it as a monetary system more.
If they can destroy the world for sure no more bitcoin existing right now right? That is why I really love bitcoin as it is not controlled by anyone and I am confident that no one can hack it.
How confident you are about no one can hack? As we all know, there are so many issue about hackers. Not bitcoin that they hack but wallet. But its the same that its impact to bitcoin price too. Government is another best key. It can destroy with work together with all country to ban bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: elghoniya on May 06, 2018, 12:02:27 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No, I think it is imposible.The government  can't ban crypto completely. Even if all banks ban crypto related  transactions, people will always find means to buy btc directly from other people. So, This will have massive negative impact on crypto and slow down its adoption. But no, they can't totally destroy it. No one can refuce the technology.


Title: Re: Can government destroy Bitcoin?
Post by: quirman77 on May 06, 2018, 12:15:09 AM
I think the government can not seize bitcoin yet. because until now the government does not have a system to regulate bitcoin, hence now the government can not do that yet.


Title: Re: Can government destroy Bitcoin?
Post by: iotarocket on May 06, 2018, 12:20:49 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No way. Bitcoin is unstoppable because it is decentralized and hence censorship-resistant. Plus a few countries have already legalized it.


Title: Re: Can government destroy Bitcoin?
Post by: THATBTC on May 06, 2018, 12:21:42 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


not germany! hahaha Of course not, they'll try, but they'll end up joining


Title: Re: Can government destroy Bitcoin?
Post by: szpalata on May 06, 2018, 12:30:10 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


not germany! hahaha Of course not, they'll try, but they'll end up joining

I don't think they even can because many would have destroyed bitcoin by now if they could starting with China. Bitcoin is decentralized and for them to totally destroy it then the must win her turn off the internet or control a majority of the coins and the latter is practically impossible at the moment so let's just forge about them and enjoy our financial freedom to the max with bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Hec2005 on May 06, 2018, 12:44:02 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

It would be easy for governments to say that they will destroy bitcoin but it is very hard to do. Bitcoin is decentralized that government can't do anything about it. The best that government can do is regulate exchanges.


Title: Re: Can government destroy Bitcoin?
Post by: P60 on May 06, 2018, 12:47:38 AM
I think the government can not seize bitcoin yet. because until now the government does not have a system to regulate bitcoin, hence now the government can not do that yet.
Yes, I also don't think that government can destroy Bitcoin; bitcoin is becoming more popular and it is continuously growing so it won't be easy to destroy it.


Title: Re: Can government destroy Bitcoin?
Post by: renggileh on May 06, 2018, 12:51:43 AM
The government does have the power to do so, in conclusion then the government is an institution that will make regulations whether Bitcoin can be used or prohibit it. The government is very powerful and when the government supports it can be said that the price of Bitcoin will increase because of the increasing trust owned by the public. If the government does not support then one more step Bitcoin will lead to a destruction.


Title: Re: Can government destroy Bitcoin?
Post by: arienna23 on May 06, 2018, 01:56:20 AM
It is impossible to destroy the existence of bitcoins, no one or any government has the ability to do so. However government collaborations certainly has the possibility to destroy the demand for bitcoins and thus reduce the price too near zero.


Title: Re: Can government destroy Bitcoin?
Post by: baho11 on May 06, 2018, 02:13:18 AM
Maybe in some countries who banned the bitcoin but here in Philippines it will not happen for a lot of people used this as their  source of income .And if government destroy bitcoin opportunities lose .In some instances also a lot of working students and young people loses their financial support .


Title: Re: Can government destroy Bitcoin?
Post by: hrz on May 06, 2018, 02:17:40 AM
I do not think the government can destroy bitcoin, because bitcoin does not hurt anyone else even bitcoin can help others, if the government does not legalize legitimate bitcoin just because of fear the country's currency will go bankrupt with the presence of bitcoi


Title: Re: Can government destroy Bitcoin?
Post by: CoinstarF on May 06, 2018, 02:30:13 AM
i don't think that government can destroy Bitcoin , if they can do it why they let Bitcoin enter to wallstreet ? ;)

No they cannot destroy it is decentralized very hard to pin point individuals privately locked and bitcoin has a good purpose for the economy of the country.


Title: Re: Can government destroy Bitcoin?
Post by: Merugu on May 06, 2018, 02:38:51 AM
I think it's not that easy the government will confiscate bitcoin, because bitcoin is also very popular all over the world, and also greatly helps the needs of our society, I think the government will not be able to get rid of bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: cahgantenx on May 06, 2018, 03:03:53 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

I think the government can not simply destroy bitcoin because bitcoin is the digital currency and the government may find it difficult to track and destroy it


Title: Re: Can government destroy Bitcoin?
Post by: Boknoyz on May 06, 2018, 03:05:41 AM
Of course not , It is impossible to destroy the bitcoin . because bitcoin is the global coin ,almost all over the country's people know about bitcoin when any country ban the bitcoin its news spread all over the world then  people are interesting to know activity of bitcoin.Day by day bitcoin popularity increasing at increasing rate.


Title: Re: Can government destroy Bitcoin?
Post by: globalking on May 06, 2018, 03:07:27 AM
well I don't think so they might be trying to do that, in fact, they have already tried in few countries but they have not succeeded in doing that


Title: Re: Can government destroy Bitcoin?
Post by: Atang Sulaeman on May 06, 2018, 03:15:13 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


nothing can destroy government bitcoins or other people, but bitcoin can be ostracized
by one government rule that prohibits bitcoin in a country that makes bitcoin prices weak,
bitcoin can only be destroyed in terms of price, because the bitcoin technology of the future
continues to grow, and technology can not be prevented and gradually every country will legal it,
and will strengthen the bitcoin and not destroy it.


Title: Re: Can government destroy Bitcoin?
Post by: hot_ads on May 06, 2018, 03:23:06 AM
A single government can't destroy BTC. BTC is global. Unless the Internet ends, BTC will not end.



Title: Re: Can government destroy Bitcoin?
Post by: Mikejones64 on May 06, 2018, 03:26:17 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Some countries already banned bitcoin, you can search it in google; but some countries are supporting bitcoin.
They cannot destroy bitcoin worldwide. They cannot destroy it instantly, it takes time or they will fail.;)


Title: Re: Can government destroy Bitcoin?
Post by: Thira on May 06, 2018, 03:44:33 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I think no, government cannot totally destroy bitcoin, they only prohibit or banned said bitcoin in a certain country that they think that bitcoin can harm their flow of currency. But then still, they cannot destroy because many countries who still using or believe in bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Flomo on May 06, 2018, 03:50:46 AM
I think it would be very difficult for a country that forbids bitcoin to remove bitcoin, because bitcoin is not born from a country. and users and investors come from all over the country.


Title: Re: Can government destroy Bitcoin?
Post by: sulec70 on May 06, 2018, 03:53:46 AM
many people and governments want to destroy bitcoin because they see it will destroy the country's currency because of the many restrictions and regulations they make and want to slowly stop it and this will not be easy because I assume that bitcoin is very strong and many countries are using it and up to now not some are harmed even bitcoin brings a lot of cool new winds in industry and business and I hope that the government will soon legalize it ;)
Actually, the government has the authority to ban or destroy bitcoin but it might be difficult to do or realize it completely. It is operated by decentralized system and unregulated. No formal issuer of bitcoin and it can be controlled only by all users involved in it. Besides that, bitcoin is also usefull and bring a lot anvantages for the government. It can support the economy, can minimize unemployment, etc. that is why bitcoin will not be banned morever destroyed fully by the government. What the government wants is the local currency is not influenced by bitcoin or local currency still stable in value.


Title: Re: Can government destroy Bitcoin?
Post by: Bdstar on May 06, 2018, 04:01:08 AM
I think no one government can destroy Bitcoin because Bitcoin is not a centralized platform. the most efficient specialty is that Blockchain system couldn't be destroyed by anyone. So the government can ban but can't destroy Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: cutecute on May 06, 2018, 04:08:16 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?





No government can't destroy bitcoin even they banned it in other countries because there are still countries that bitcoin is legal. I don't know why other countries banned bitcoin because the only goal of bitcoin is to help people to make their life better.


Title: Re: Can government destroy Bitcoin?
Post by: jennygamilo on May 06, 2018, 04:25:46 AM
Many people and government wants to destroy Bitcoin why ? Its because if the people Learn to use it they will not try and want to find work , they will gonna use Bitcoin rather than working but another reason why government wants to destroy it because if there is no workers and employees therefore there is no tax coming. And it is a bad news for them because they think that Bitcoin can't run an country's economy 😉


Title: Re: Can government destroy Bitcoin?
Post by: Sate Jamu on May 06, 2018, 05:03:37 AM
The government will not be able to make bitcoin destroy, which can be done bitcoin banned and prohibit the use of bitcoin, blockchain technology is unique so we do not have to worry that bitcoin is destroyed.


Title: Re: Can government destroy Bitcoin?
Post by: Sithara007 on May 06, 2018, 05:34:52 AM
The government can't ban the possession of Bitcoin, but it is capable of performing a lot of actions which can harm the currency. For example, they can try the 51% attack which will result in chaos and anarchy in the Bitcoin world. Or they can tactically support another coin, to take on Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Thyristor on May 06, 2018, 05:58:48 AM
Government just can ban Bitcoin in single country it's government power but government can't destroy Bitcoin.Because BTC is never stop anyone can't destroy.Yeah in there are many countries ban Bitcoin that means it will be stop.Also in my country government ban BTC.I think really government going on the wrong way to banning Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Mr Bhuiyan on May 06, 2018, 06:05:49 AM
Government can't destroy Bitcoin.Because BTC is never stop anyone can't destroy.The most efficient specialty is that Blockchain system couldn't be destroyed by anyone.Bitcoin has a good purpose for the economy of the country.


Title: Re: Can government destroy Bitcoin?
Post by: bizarro on May 06, 2018, 06:07:28 AM
I personally doubt it, becouse bitcoin has so huge support at the side of users and adopters, that no one government could not stand


Title: Re: Can government destroy Bitcoin?
Post by: callyf on May 06, 2018, 06:11:16 AM
As per my point of view govt think about it very soon and speed the world about the magic of cryptocurrency


Title: Re: Can government destroy Bitcoin?
Post by: jeraldskie11 on May 06, 2018, 06:13:29 AM
No one can ever destroy bitcoin even the government will do and said that as much as we believe that this will be exist a long time so we don't need to worry as much as it is very popular nowadays. Think always positive everything will be fine and it will bring you a good and positive life without negativity. So just calm and enjoy while working.


Title: Re: Can government destroy Bitcoin?
Post by: @Mhaiang on May 06, 2018, 06:18:58 AM
Destroying bitcoin is one of the topics that i have seen in this forum. Governments can only ban bitcoin and cryptocurrencies by imposing a regulation and their will on that matter but they can not stop or destroy bitcoin since bitcoin is decentralized and that the government can not intervene on its operation.


Title: Re: Can government destroy Bitcoin?
Post by: Jerzzz on May 06, 2018, 06:21:54 AM
Government has unlimited power and if you want to make bitcoin destroy then it is easy, the government will recruit experts to make bitcoin destroy, but I hope this is never done all government.


Title: Re: Can government destroy Bitcoin?
Post by: Renzzzz on May 06, 2018, 06:27:46 AM
They can attempt, yet they wont succeed. The entire idea of decentralization is the thing that will shield Bitcoin and different digital currencies from governments. They are endeavoring to defer the inescapable!!! Change is coming, they will lose their hold on the world and we will all have square with opportunities to succeed


Title: Re: Can government destroy Bitcoin?
Post by: Ms.cumshot on May 06, 2018, 06:33:43 AM
They can try, but probably they won't succeed since other countries like Japan and Korea are now accepting bitcoin as a digital currency. Countries who will ban bitcoin will have a big problem since the people who wants to use this technology will migrate to other countries and they will have a big economic loss.


Title: Re: Can government destroy Bitcoin?
Post by: lhea056 on May 06, 2018, 06:43:16 AM
maybe for me in my opinion maybe no because it was a virtual currency but  they can ban it on their country some of countries already banned bitcoin maybe because it has an effect on their economy , if people use bitcoin instead of paper fiat currency the demand will decrease and supply will increase which has big effect on their economy . Luckily bitcoin is working in our country but still there are people making fake news about it


Title: Re: Can government destroy Bitcoin?
Post by: xamxam on May 06, 2018, 06:44:25 AM
Well, as I can see, bitcoin will not easily to destroy, and bitcoin is a big help to the government because it gives people an extra income and they will help to lessen the population of those who are unemployed.


Title: Re: Can government destroy Bitcoin?
Post by: rutherford on May 06, 2018, 08:02:16 AM
I don't think government can ever destroy bitcoin. Because it isn't easy as it sounds. Bitcoin has a strong foundation and great managing bussiness company. Isn't it easier for the government to make regulations? Better than try to destroy it. And government will get advantages from bitcoiners by bitcoin taxes.


Title: Re: Can government destroy Bitcoin?
Post by: Lataman on May 06, 2018, 08:10:45 AM
The government cannot destroy bitcoin. They can ban it or regulate it but they cannot abolish bitcoin. Too many regular people are living off bitcon that it will find a way to be used by people. Unless every nation gets rid of their internet then maybe bitcoin will be lost. And i don't think that will happen anytime.


Title: Re: Can government destroy Bitcoin?
Post by: neerajimittal on May 06, 2018, 08:13:44 AM
Yes they can, especially with how they can ban and create laws which make bitcoin unappetizing to the public. many people and governments want to destroy bitcoin because they see it will destroy the country's currency because of the many restrictions and regulations


Title: Re: Can government destroy Bitcoin?
Post by: kalstarzz on May 06, 2018, 08:31:54 AM
Government has unlimited power and if you want to make bitcoin destroy then it is easy, the government will recruit experts to make bitcoin destroy, but I hope this is never done all government.
it is not that easy bitcoin is destroyed, even the government will think twice to destroy it, now start many countries interested in bitcoin, only now they are still studying it. with the aim that their currency is not dead.


Title: Re: Can government destroy Bitcoin?
Post by: Bheb112795 on May 06, 2018, 08:40:29 AM
No. Not actually destroy, the government may regulate and control it, but when it comes of destroying the Bitcoin probably they won't succeed. If they destroy the Bitcoin, they'll lose plenty of money because lots of businessmen of different countries are interested in Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: renderingfaster on May 06, 2018, 09:08:24 AM
I dont think so, the goverment only focus on for the real money , how to make it the rupiah rating always be normal than dolars, as we know bitcoin is the digital money, we able to control but the goverment does not.


Title: Re: Can government destroy Bitcoin?
Post by: monacous on May 06, 2018, 09:13:58 AM
Government can't destroy the bitcoin because the life of the bitcoin depends to its users. The bitcoin will not lose its value if all its users will continuing to use and to buy bitcoins.


Title: Re: Can government destroy Bitcoin?
Post by: multic2012 on May 06, 2018, 09:14:42 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

No one will be able to destroy bitcoin, since everyone needs it, but the government wants to take it away and not give it to all ordinary people, that's why they forbid it (((


Title: Re: Can government destroy Bitcoin?
Post by: Phoenixpple on May 06, 2018, 09:18:00 AM
There have been some recent positive signals that the US exchange may launch the bitcoin service in October this year, and others with large funds are also starting to pay attention to bitcoin. This may indicate that many big countries have begun to be open to special currency, and I think these countries will not destroy bitcoin, instead they may accept the regulatory state of the bitcoin market.


Title: Re: Can government destroy Bitcoin?
Post by: JiuMiBe on May 06, 2018, 09:23:24 AM
The government can not quell bitcoin because of its scattered nature, but they can control and control it within their jurisdiction. It is likely that governments will be taking moves watching bitcoin in the same way, this is almost guaranteed, I think the bitcoin destruction is impossible


Title: Re: Can government destroy Bitcoin?
Post by: Phyton76 on May 06, 2018, 09:24:51 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


For the past year, government had tried to destroy bitcoin by banning it from different nations and even influencing  huge companies such as Google and Facebook to ban it. But bitcoin survived. Although at first we thought that bitcoin cannot survive it, bitcoin always prove itself and now the price is again at a high level. The government can try to pass regulations to limit what bitcoin can do but that is the advantage of bitcoin, it can never be controlled by anyone or anybody even government or huge association.


Title: Re: Can government destroy Bitcoin?
Post by: Driggers95 on May 06, 2018, 09:31:49 AM
I think that this could happen when it is possible to destroy Bitcoin in the future, many countries have economies of scale, but they still prohibit Bitcoin to obtain well-developed economies. And are not afraid of risks.


Title: Re: Can government destroy Bitcoin?
Post by: anti76 on May 06, 2018, 09:55:24 AM
Of course the state can destroy Bitcoin, as we see now there is all sorts of regulation in the direction of the crypto currency, which makes all citizens doubt in security and honesty! Because of this, new investors do not come to the market, Because of what, sooner or later, everyone will leave the market.


Title: Re: Can government destroy Bitcoin?
Post by: Maveric99 on May 06, 2018, 09:58:26 AM
I think this issue is not important for the government to do, the government should immediately legalize bitcoin and this cooperation will benefit the state and the government will get a lot of support in developing the country and this should be done.


Title: Re: Can government destroy Bitcoin?
Post by: menloone on May 06, 2018, 09:59:54 AM
I think the government already see the opportunity BTC and other cryptocurrencies present and have invested heavily behind closed doors.


Title: Re: Can government destroy Bitcoin?
Post by: airdnasxela on May 06, 2018, 10:00:15 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Government cannot destroy bitcoin but I think they can make life of bitcoin harder.  It is because if they limit their people in getting or having bitcoin investment rates will decrease,  which will eventually make the value of bitcoin lowered. But to say it will destroy bitcoin,  I think it isn't possible due to the decentralization of bitcoin. So no is my answer.


Title: Re: Can government destroy Bitcoin?
Post by: Bastok on May 06, 2018, 10:00:45 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



The government cannot destroy bitcoin immediatly. It is a long process and i think it has 20 % success rate. The government need a concrete evidence to  validate  the reason why they have to destroy bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Ashong Salonga on May 06, 2018, 10:14:58 AM
many people and governments want to destroy bitcoin because they see it will destroy the country's currency because of the many restrictions and regulations they make and want to slowly stop it and this will not be easy because I assume that bitcoin is very strong and many countries are using it and up to now not some are harmed even bitcoin brings a lot of cool new winds in industry and business and I hope that the government will soon legalize it ;)
Yes because government has all the power to do anything so I think they can destroy bitcoin whenever they wanted. But imagine government destroying a reasourceful thing like bitcoin. If you really care about the status of your countrymen yoy would not destroy bitcoin because it gives so much opportunity to peoples.


Title: Re: Can government destroy Bitcoin?
Post by: olatslodi on May 06, 2018, 10:21:13 AM
They can attempt, yet they wont succeed. Bitcoin has a strong foundation and great managing bussiness company. Isn't it easier for the government to make regulations. Luckily bitcoin is working in our country but still there are people making fake news about it. Think always positive everything will be fine and it will bring you a good and positive life without negativity. So just calm and enjoy while working.


Title: Re: Can government destroy Bitcoin?
Post by: jchav010101 on May 06, 2018, 10:28:52 AM
Policy and regulations against bitcoin has a major detrimental effect on and on the growth and acceptance of bitcoin.The advantage of bitoin is the decentralized platform.With this in place it will be difficult for  goverment to destroy bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: jayarbillones on May 06, 2018, 10:33:28 AM
I think they can not disrupt the aspirations of the people because some of the people who have limitations can not find a decent job for them,I also think like that. they can do the destruction of BTC but they will not succeed as they had planned I strongly believe it.I am sure one day all will receive bitcoin and cryptocurrency and the price is increasing every year.


Title: Re: Can government destroy Bitcoin?
Post by: melinda29 on May 06, 2018, 10:45:01 AM
The government will not be able to destroy Bitcoin as it will be a very fatal decision for the country and a negative impact if the government should immediately legalize Bitcoin and this will benefit the country and the government will gain much support in developing the country. Use it and until now no one has been harmed even Bitcoin brings a lot of cool new winds in industry and business.


Title: Re: Can government destroy Bitcoin?
Post by: MusicManPL on May 06, 2018, 11:08:09 AM
The government can prohibit the use of bitcoin at the legislative level, but it is impossible to stop the technology itself. The world is globalized so that it can be forbidden everywhere


Title: Re: Can government destroy Bitcoin?
Post by: pekavcilar01 on May 06, 2018, 11:11:17 AM
I do not think the government will destroy bitcoin. This is very difficult.
Governments do not like bitcoin. The reasons for this are obvious. With the Crypto money exchanges, we can transfer money whenever we want. It's cheap, fast and secure. Governments do not like the crypto stock exchange because it is against their interests.


Title: Re: Can government destroy Bitcoin?
Post by: Ankhesenamun on May 06, 2018, 11:11:53 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Of course, now a lot of governments have banned bitcoin, but in the future it seems to me all the same time something new, and everything will certainly get better, but depends on the cryptocurrency itself.


Title: Re: Can government destroy Bitcoin?
Post by: XpanderaX on May 06, 2018, 11:20:44 AM
Bitcoin is an advanced technology that users have tens of millions of people in this World. and it seems that the existence of Bitcoin is felt to threaten FIAT currency exchange rates from several countries, so many countries in the world that prohibits Bitcoin. but I think even though Bitcoin is banned in the country, people will still find a way to play Bitcoin, so the government will not be able to destroy Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: TommyAMD on May 06, 2018, 11:23:35 AM
Of course, the cryptocurrency can be closed at all, but I think it will be unprofitable for others, so it will not be closed at least in the near future. Too important.


Title: Re: Can government destroy Bitcoin?
Post by: JoshMart on May 06, 2018, 11:25:12 AM
I don't think they can ever destroy Bitcoin, They have been trying to but no success up to now, they have been doing a black propaganda via the mass media to make Bitcoin look like it is bad, an instrument of evil and all the other bad stuff.    Even after all those efforts Bitcoin remains to be successful since it has a lot of good things to offer the people plus more and more countries are now appreciative and open to using Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: onemancrypto on May 06, 2018, 11:35:52 AM
Government can not destroy this crypto World , They will try to change different policy but in the end it will remain same. The main theory of decentralized market is completely contrast to the government of any country . Govt will always think how to take taxation from this system. It is possible , May be both parties will be profitable in a sense. But it is hard task to do. I hope one day both will disperse and become the same. Cryptocurrecny is the future currency.


Title: Re: Can government destroy Bitcoin?
Post by: Drakula on May 06, 2018, 11:36:00 AM
I do not think the government will destroy bitcoin. This is very difficult.
Governments do not like bitcoin. The reasons for this are obvious. With the Crypto money exchanges, we can transfer money whenever we want. It's cheap, fast and secure. Governments do not like the crypto stock exchange because it is against their interests.
I strongly agree with you there. Since bitcoin industry is easy, quick and accessible transaction, it poses a threat to the government's interest so there's quite a push on why would they attemp to do such thing.. but i dont think they can succeed in that.


Title: Re: Can government destroy Bitcoin?
Post by: loews on May 06, 2018, 11:40:33 AM
Maintaining cryptocurrency lawful actually is a race versus the clock now. Its expanding appeal offers contrasting pressures by at the same time alarming the regulatory authorities and also mainstream it. The last victories just to the degree the previous could be limited.

Abiding by federal government regulatory authorities' policies it might get rid of plausible reasons from their ornate toolbox which might aid for an extremely valuable time. A lot more essential are mainstreaming cryptocurrency prior to regulatory authorities could close it down as lawfully paying off political leaders with Bitcoin with earnings from the cryptocurrency market


Title: Re: Can government destroy Bitcoin?
Post by: bitfocus on May 06, 2018, 11:41:38 AM
no, no government or any alliance of governments can destroy Bitcoin - that's the beauty of it.


Title: Re: Can government destroy Bitcoin?
Post by: Freyya08 on May 06, 2018, 11:42:08 AM
I don’t think government can destroy bitcoin because for one, bitcoin follows a decentralized system meaning no one can take control of it even the government. So with that alone, i don’t see any possibility for government to be able to destroy bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: adjong on May 06, 2018, 11:57:49 AM
for me Definitely NO. Bitcoin is like a drugs. Although our government is fighting on drugs, they can't kill all users of it. Like in bitcoin,,The simple reason that they won't succeed is that bitcoin is a centralized coin. So with the availability of internet service,they can ban bitcoin transaction in their countries. I think, The government should accepts bitcoin. it is the future.


Title: Re: Can government destroy Bitcoin?
Post by: wasaisisisi on May 06, 2018, 12:17:52 PM
If governments of all countries in the world would probably be able if they wanted to destroy bitcoin. Because if they propose like a strike against bitcoin it will destroy the bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Rosscy on May 06, 2018, 12:23:39 PM
The government can allow the digital currency to exist peacefully, and not accept it as a means of payment, I think that's what needs to be done. However, my guess is sooner or later the government will arrange to not exist.

The potential for government regulation is very real, in line with some countries that have restricted access to exchange of bitcoins and other digital currencies.

But I think if bitcoin enthusiasts are still a lot in a country, I think the government will be difficult to stop it.


Title: Re: Can government destroy Bitcoin?
Post by: Victorias on May 06, 2018, 12:29:30 PM
The government can limit or prohibit the circulation of bitcoin in a single country, but it is impossible to destroy bitcoin. The decentralized system means that outside control is not possible.


Title: Re: Can government destroy Bitcoin?
Post by: Selbit on May 06, 2018, 12:31:13 PM
There seems to be no denying that governments can ban cryptocurrencies. Some bitcoin proponents have argued that governments cannot really prevent bitcoin use. Jon Matonis once stated that “a government ban on bitcoin would be about as effective as alcohol prohibition was in the 1920s.” How could a government prevent people from using bitcoin? It’s online. It’s pseudonymous. And, as Matonis notes, “demand for an item […] does not simply evaporate in the face of a jurisdictional ban.”In general, governments might determine the medium of exchange by coordinating beliefs, employing transactions policy, and punishing users of alternatives. By declaring an item legal tender, for example, the government might create an especially salient focal point around which individuals can coordinate on a particular money. Legal tender status might be nothing more than a designation; it need not convey any special privileges under the law (though sometimes it does.



Title: Re: Can government destroy Bitcoin?
Post by: redhorsebeer1980 on May 06, 2018, 12:39:37 PM
Government may destroy bitcoin if the world government agree that bitcoin will treat as illegal and government implement an legal action to banned bitcoin world wide.Governments and banks declares war against bitcoin but bitcoin stand still and became stronger and stronger.


Title: Re: Can government destroy Bitcoin?
Post by: geegaw on May 06, 2018, 02:07:34 PM
I don’t think government can destroy bitcoin because for one, bitcoin follows a decentralized system meaning no one can take control of it even the government. So with that alone, i don’t see any possibility for government to be able to destroy bitcoin.
Although the features of bitcoin prevent government and make the government very helpless in managing it but that does not mean that the government can not destroy bitcoin, government always possessed terrible underground force than what you imagine, do not despise them. They certainly take measures to destroy bitcoin but perhaps, some of the components in the government system are related to bitcoin, combined with the benefits that bitcoin has brought to the people, that made the government ignore and not want to destroy bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: Hopeliza on May 06, 2018, 02:09:16 PM
I think government can not really destroy the Bitcoin because of its a lot of supporters and also the users of the Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: nikay12 on May 06, 2018, 02:12:25 PM
This seems impossible to be destroy by the government because there was also no reason for it to be destroy.


Title: Re: Can government destroy Bitcoin?
Post by: JustQueen on May 06, 2018, 02:14:52 PM
For me I think it is depends if there was an issue that will destroy the bitcoin by the government. And as long as there was nothing wrong done by Bitcoin it will not destroy.


Title: Re: Can government destroy Bitcoin?
Post by: adadaorlina on May 06, 2018, 02:44:30 PM
Governments can only ban bitcoin and cryptocurrencies by imposing a regulation and their will on that matter but they can not destroy bitcoin since bitcoin is decentralized and that the government can not intervene on its operation. It is likely that governments will be taking moves watching bitcoin in the same way, this is almost guaranteed, I think the bitcoin destruction is impossible.


Title: Re: Can government destroy Bitcoin?
Post by: tamarindbleu on May 06, 2018, 04:06:25 PM
I don’t think government can destroy bitcoin because for one, bitcoin follows a decentralized system meaning no one can take control of it even the government. So with that alone, i don’t see any possibility for government to be able to destroy bitcoin.
Although the features of bitcoin prevent government and make the government very helpless in managing it but that does not mean that the government can not destroy bitcoin, government always possessed terrible underground force than what you imagine, do not despise them. They certainly take measures to destroy bitcoin but perhaps, some of the components in the government system are related to bitcoin, combined with the benefits that bitcoin has brought to the people, that made the government ignore and not want to destroy bitcoin

I don't think so. Because a country's government has all the power to illegalized it but not to destroy it. I can do nothing to destroy bitcoin


Title: Re: Can government destroy Bitcoin?
Post by: gadimbrut on May 06, 2018, 04:15:40 PM
if only the government of one country in my opinion will not be able to destroy bitcoin, because bitcoin is designed without being able to intervene in a country's government, that's in my opinion


Title: Re: Can government destroy Bitcoin?
Post by: Saldom12 on May 06, 2018, 04:17:45 PM
I think it will not be possible, because many bitcoin users in this world even some developing countries have already received bitcoin. People who use bitcoin so much the government will not be able to destroy bitcoin.
Government dare to challenge the people? impossible.


Title: Re: Can government destroy Bitcoin?
Post by: bitadviser on May 06, 2018, 04:32:01 PM
they cant, they never may even, so they made another way to get it, they made a thing called ripple, and try to ppl buy it instead their precious btc or good alt coins


Title: Re: Can government destroy Bitcoin?
Post by: Domino68 on May 06, 2018, 04:35:31 PM
If they can destroy the world for sure no more bitcoin existing right now right? That is why I really love bitcoin as it is not controlled by anyone and I am confident that no one can hack it.


Title: Re: Can government destroy Bitcoin?
Post by: IMMBAGGA on May 06, 2018, 04:41:50 PM
All the bitcoins are under different person's control.  They can only transfer with the usage of password which they only knowing.  No one else authorised to even view.  So how any govt can destroy the instrument which they are even unable to touch. 


Title: Re: Can government destroy Bitcoin?
Post by: cosmo1 on May 06, 2018, 04:51:30 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

No it is not possible to destroy bitcoins by the government.


Title: Re: Can government destroy Bitcoin?
Post by: reidel21 on May 06, 2018, 05:04:35 PM
I think it would be very difficult for a country that forbids bitcoin to remove bitcoin, because bitcoin is not born from a country. and users and investors come from all over the country.


Title: Re: Can government destroy Bitcoin?
Post by: hamdun on May 06, 2018, 05:10:22 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


The government can make policies that can complicate the use of bitcoin in the country in transactions, but the government can not completely kill bitcoin because of its decentralized nature.


Title: Re: Can government destroy Bitcoin?
Post by: saumang2m on May 06, 2018, 05:58:02 PM
It will not be easy for any country to destroy Bitcoin, because Bitcoin has become an international platform. And the Bitcoin currency has also become worthwhile currency in today's time. There are many people in the world supporting Bitcoin. They know what Bitcoin has in his life. Despite all this, the government can only try but can not destroy Bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: HiringYou on May 06, 2018, 07:12:14 PM
We all say that Bitcoin is decentralized in nature which means that no government is able to control the transactions made through Bitcoin but according to me government can destroy bitcoin.If governments of all countries declared it as illegal in their respective countries then we will have no way to use Bitcoin.I mean we will be able to work with Bitcoin but as we all know Bitcoin has no physical form ,we have to convert it in our respective currencies to use it.If government will ban it then we will have no way to convert it in our particular currencies.So we will not be able to use it.Due to this people will slowly stop using it and Bitcoin will come to it's end.But I don't think this will happen because governments are intelligent enough to understand it's potential and they know that Bitcoin can be an asset to their economy so they will not ban it.


Title: Re: Can government destroy Bitcoin?
Post by: Ochuvatkina1 on May 06, 2018, 07:31:31 PM
Bitcoin may disappear for two reasons. 1 Mining bitcoin will be too expensive and it will be necessary to expend so many capacities that it will be absolutely uneconomic economically. 2. Governments of countries at the legislative level will prohibit bitcoin and other coins. In this case, bitcoin will go to the black Internet and will be used only for illegal operations


Title: Re: Can government destroy Bitcoin?
Post by: overseer470 on May 06, 2018, 08:00:08 PM
I think it's not that easy the government will confiscate bitcoin, because bitcoin is also very popular all over the world, and also greatly helps the needs of our society, I think the government will not be able to get rid of bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Kupid002 on May 06, 2018, 08:04:07 PM
I think it's not that easy the government will confiscate bitcoin, because bitcoin is also very popular all over the world, and also greatly helps the needs of our society, I think the government will not be able to get rid of bitcoin.


The popularity are not an excuse for to destroy something if the government wanted this to be done they make a way to be done this for but they dont do that to destroy this currency cause as what we may ever have to use it for government see this things too.


Title: Re: Can government destroy Bitcoin?
Post by: yangdd on May 06, 2018, 08:12:14 PM
they can't do it . bitcoin is decentralized . it is widely distributed in all corners of the globe . it will become a universal currency for the world , not far in the future .


Title: Re: Can government destroy Bitcoin?
Post by: stephanirain on May 06, 2018, 08:23:42 PM
In my own personal opinion, it is possible that the government will destroy bitcoin because they have the power to do it if all the our country start to banned bitcoin. But it can't happen because there are many countries that was legalize by the government, so it can't be destroy by the government.


Title: Re: Can government destroy Bitcoin?
Post by: oseikuf44 on May 06, 2018, 08:44:46 PM
Government can use regulations and sanctions to prevent citizen to use bitcoins but is not possible for government to destroy bitcoins. While some government are hostile to bitcoins others welcome the use of crytpcurrency. So to say government can destroy bitcoin won't work in the whole world but can work in the jurisdiction of the government.


Title: Re: Can government destroy Bitcoin?
Post by: BertoloyBTC on May 06, 2018, 08:49:04 PM
The government have no rights or authority to destroy bitcoin , because of the fact that bitcoin is decentralized and circulating only in the internet, the government can not do something that make bitcoin stop its circulations because it like a programme in the digital world  which are use by the people and doing right things which does not bother the peoples lives.


Title: Re: Can government destroy Bitcoin?
Post by: PatronRH on May 06, 2018, 08:55:46 PM
Although it is kind of hard to do that but I think that they can destroy  bitcoin as a matter of fact if all countries ban bitcoin the demand on it will decrease exponentially as it will be either useless or so hard to trade with and thus it's value will decrease a lot untill it's gone.


Title: Re: Can government destroy Bitcoin?
Post by: Kate_Ngubanga on May 06, 2018, 09:10:09 PM
If the government decides to make trade or storage of bitcoins illegal, questions will be raised about exactly how such a ban will be provided. The government can not capture your bitcoins unless you decide to transfer your personal keys. However, this can significantly reduce interest, which will in general affect its existence in the market.


Title: Re: Can government destroy Bitcoin?
Post by: x xurtjati on May 06, 2018, 09:12:27 PM
Lately there is a lot of talk about bitcoin even the media is also peeling about bitcoin and the government also gives direction not to invest in bitcoin but what happened bitcoin so many people who invest even schoolgirl also do that .. government can not stop bitcoin because bitcoin can not be owned by a single power so what the government expects is useless


Title: Re: Can government destroy Bitcoin?
Post by: Marjo04 on May 06, 2018, 09:15:37 PM
Government cant destroy bitcoin but they can banned and prohibit bitcoins in one country and stop people using it.but some country lready accet bitcoin so maybe instead of destroying bitcoin they will accept the bitcooin in the near future.


Title: Re: Can government destroy Bitcoin?
Post by: maaydin on May 06, 2018, 09:25:48 PM
they for sure if unite globally and set some limits to it can destroy it but it would be against their interest as they would damage themselves I mean the politicians as btc can reduce the offshore banking.


Title: Re: Can government destroy Bitcoin?
Post by: lida311993 on May 06, 2018, 09:28:30 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

No, only a few governments have decided to regulate and ban bitcoin. But I think-this decision will not be permanent. Soon it will be canceled, as will understand what bitcoin gives and what prospects and opportunities.


Title: Re: Can government destroy Bitcoin?
Post by: billknight on May 06, 2018, 09:34:17 PM
As far as I know, the government can not destroy Bitcoin. The government may ban people from using and trading Bitcoin. But the government can not ban all people from using and trading Bitcoin, there will be a lot of black market and the government can not intervene.


Title: Re: Can government destroy Bitcoin?
Post by: ZENC on May 06, 2018, 09:34:33 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



I do not think governments can destroy Bitcoin. As the use of bitcoin increases, it will become more difficult.
They are doing FUD with such news.


Title: Re: Can government destroy Bitcoin?
Post by: tiktak89 on May 06, 2018, 09:43:43 PM
No, governments may attempt to regulate digital currencies, but this will not lead to the desired result. Bitcoin was created with the purpose to block such actions.


Title: Re: Can government destroy Bitcoin?
Post by: CreateCrypto on May 06, 2018, 09:50:26 PM
Governments will not seek to destroy it, rather they will find a way to control it. At the end of the day Governments and Corporations will have the lion's share of it. Once crypto is widely accepted, it is money and those two entities will do everything to grab hold of power.

Make no mistake, it's a power game in the long term.


Title: Re: Can government destroy Bitcoin?
Post by: Lucifers on May 06, 2018, 09:52:07 PM
Perhaps if only a few governments of one of the countries it would be difficult to destroy bitcoin. Because the range of bitcoin that has been increasingly widespread and increasingly known by many people. But I do not know if the governments of some compact countries are willing to destroy bitcoin. Maybe it can be in my opinion because surely there will be many people who invest in bitcoin and lower the price in the market.


Title: Re: Can government destroy Bitcoin?
Post by: MyIdeas on May 06, 2018, 09:55:07 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

If the people will be well educated about bitcoin and they will know about all the features of bitcoin then no one can harm their bitcoin as with the knowledge of bitcoin anyone can know that bitcoin is a decentralized currency and it is also anonymous currency so no one can control it and no one know that who is using it. It is also the right of people that government allow those things which are for the benefit of their people so people have to know about their this right and have to call for their right to not disallow bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: maximkretov on May 06, 2018, 10:24:20 PM
Bitcoin has been on the periphery of the financial markets for almost a decade, but is gradually becoming popular as an alternative asset class. so I think that no one can kill bitcoin because it starts at the moment to go to the top. and destroy bitcoin for all wakes not possible!


Title: Re: Can government destroy Bitcoin?
Post by: risatrakib on May 06, 2018, 10:27:38 PM
No government can destroy Bitcoin now or in coming future . They just can control it in any country but will never be able to destroy it . Actually no one can destroy Bitcoin .


Title: Re: Can government destroy Bitcoin?
Post by: slackcryptoz on May 06, 2018, 10:31:28 PM
Bitcoin has been on the periphery of the financial markets for almost a decade, but is gradually becoming popular as an alternative asset class. so I think that no one can kill bitcoin because it starts at the moment to go to the top. and destroy bitcoin for all wakes not possible!
What's been stated is true, it is impossible to destroy the bitcoin. The hard regulations were the possible consequences to restrict the usage of bitcoin. Another thing if each and every government plans to impose hard regulations, then it might get itself towards destruction.


Title: Re: Can government destroy Bitcoin?
Post by: steve_rogers on May 06, 2018, 10:36:41 PM
I think idea of blockchain will live forever, but to be honest bitcoin is not strong enough to withstand G20 for example. It needs more support from common people and gain more authority. Also developers should try to make it more usable for common people.


Title: Re: Can government destroy Bitcoin?
Post by: Prettyme on May 06, 2018, 10:38:06 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


It would be possible that government destroyed bitcoin by means of banning it to their country. But as long as we people believe and use bitcoin as a means of payment or as one of our source of income then government would never be successful in destroying bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Gyugita on May 06, 2018, 10:42:50 PM
The government can't destroy bitcoin.
Because the government that prohibits the existence of bitcoin instead using blockchain technology for industrial activities, health and others.
I think bitcoin will be accepted in government


Title: Re: Can government destroy Bitcoin?
Post by: kingkonjac on May 06, 2018, 10:45:09 PM
Governmetn will not destroy btc as they can face a really huge resistance from the population of the world especially on that country where they start to destroy the king.


Title: Re: Can government destroy Bitcoin?
Post by: AimHigh on May 06, 2018, 10:53:09 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No i doubt that bitcoin they can stop or destroy bitcoin or cryptocurrency because they didn't handle who are holding it juat like in my country before they are not favorable in bitcoin or they banned cryptocurrency but at the end our government embrace it because even they put a penalty to those who are using it but we know nothing is impossible now in internet so that we uaing bitcoin secretly and at the end they are now legalize it because they also think that bitcoin have a big help in  our country.


Title: Re: Can government destroy Bitcoin?
Post by: wallstone on May 06, 2018, 10:58:00 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I don't believe that the government can completely destroy bitcoin and the market around it. I think that there will always people that will take interest on this innovation regardless of what the government says. Block chain technology is a very helpful and promising innovation that could lead our economy to success. I still hope that the government can finally listen and understand this.


Title: Re: Can government destroy Bitcoin?
Post by: Osakrita on May 06, 2018, 10:58:59 PM
I do not think so,bitcoin started without the government.It is the peoples currency and draws its power from collective trust in it.It has proven it is a superior technology and with time will show greater adoption.Government regulations will only slow its progress not  kill it.Bitcoin can go back to the darkweb if regulations become too bad,Banning some thing has never really stopped it,e.g drugs,Rhino horns,mariwana etc.


Title: Re: Can government destroy Bitcoin?
Post by: BlackBeauty on May 06, 2018, 11:10:28 PM
Governmetn will not destroy btc as they can face a really huge resistance from the population of the world especially on that country where they start to destroy the king.
I think government will never destroy bitcoin but banks are jealous from bitcoin because many people invest their a lot of money in bitcoin and that's why banks will never want that people invest their money in bitcoin, so I think that's why bitcoin is illegal in some countries but it will never destroy rather it will more improve and government will accept in future.


Title: Re: Can government destroy Bitcoin?
Post by: Doge dealer on May 06, 2018, 11:26:20 PM
no one government can destroy bitcoins because its fan base is so wide and diverse it spans the entire world , it would require a tremendous amount of resources to attempt to do this and apart from not being economically viable no government that is forward thinking or concerned about it citizenry would want to ban bitcoins as it could single handedly provide economic growth .


Title: Re: Can government destroy Bitcoin?
Post by: melekseverce on May 06, 2018, 11:36:13 PM
Of course! However bitcoin was independent, the government exerts a very strong influence (through the media, bans and laws on the use of crypto currency and other means), thus undermining the credibility of crypto-currencies!


Title: Re: Can government destroy Bitcoin?
Post by: bimbie on May 06, 2018, 11:40:00 PM
I think the government don't have the ability to destroy the bitcoin,they can put or add rules and regulations in using bitcoin but destroying it is not possible.


Title: Re: Can government destroy Bitcoin?
Post by: Peashooter on May 06, 2018, 11:50:45 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Bitcoin has already created a legacy in our economy so I don't think the government can fully eliminate it from the market. And I think, if the government pushes bitcoin, the people in the community of cryptos will just shrug it off and continue what their doing. Bitcoin is a very complex business and every time critics says it won't last, bitcoin still prevailed and rise up.


Title: Re: Can government destroy Bitcoin?
Post by: Larva14 on May 06, 2018, 11:58:24 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Government can indirectly affect the market of cryptocurrency, both good and bad. But I still don't believe that the government is capable of destroying something that is build for the public. Cryptocurrency provides people a choice, freedom and security in finance. Cryptocurreny also created jobs and help people find a new career here. I just hope that the people in position can see how valuable this industry is.


Title: Re: Can government destroy Bitcoin?
Post by: Ethan Argu on May 07, 2018, 12:03:36 AM
Maybe because goverment will find ways to do that why?
Because bitcoin has no tax. Goverment centralize the tax so if bitcoin will not agree for income tax i think they will destroy bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: Weeko on May 07, 2018, 12:04:05 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Excluded. It already and so all for a long time have understood. So now there is a process of trying on and trying to control, which are also not entirely successful.


Title: Re: Can government destroy Bitcoin?
Post by: massinedz on May 07, 2018, 12:04:44 AM
They tried but noone can destroy bitcoin because everyone use it right now
it will last forever


Title: Re: Can government destroy Bitcoin?
Post by: Nylelyn on May 07, 2018, 12:25:11 AM
A government can destroy bitcoin but it would be difficult. One way is to completely shutdown the internet but impossible because it would destroy also all online businesses.  They can stop the access on all the exchanges. It is possible also for them to prohibit withdrawals thru banks or any money exchange. But all this move might create chaos to the their people.  What they can do better is to regulate on a positive manner and not to ruin it!


Title: Re: Can government destroy Bitcoin?
Post by: dangwapo311 on May 07, 2018, 12:37:55 AM
I don't think the government has the capability to destroy bitcoin. But I believe they can stop or prevent bitcoin usage and that is already happening is some countries out there. Making bitcoin illegal is one way to stop it but still some people use it even if they ban its usage. They can try to deatroy bitcoin but they will only fail.


Title: Re: Can government destroy Bitcoin?
Post by: Remainder on May 07, 2018, 12:39:26 AM
Maybe the government can destroy bitcoin because they have the power to make rules and laws to their people in order not to support and invest on bitcoin and it can weaken the crypto or even lose.


Title: Re: Can government destroy Bitcoin?
Post by: vonnyaries on May 07, 2018, 12:52:11 AM
1 government in the world try to destroy bitcoin? i think they can't unless all government in the world make a policy about bitcoin i think they can makes bitcoin destroy, if just a few government i think they can't destoy bitcoin, maybe they just cant restrict the wallet of bitcoin, the trading market of bitcoin and something else, just for restricting


Title: Re: Can government destroy Bitcoin?
Post by: anehh on May 07, 2018, 12:52:43 AM
if the government prohibits the use of bitcoin it certainly can, therefore the authority of the government of a country to ban, legalize or permit without any prohibition and government rules on bitcoin. but the government will not be able to destroy bitcoin as long as bitcoin still has a reasonable price and still in the interest of many people in the world.


Title: Re: Can government destroy Bitcoin?
Post by: congresowoman on May 07, 2018, 12:58:38 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

a big possibility granting bitcoin interferes greatly with government's day to day operations like people wouldn't want to be transacting with banks anymore, bitcoin will be mafia's and terrorists' fuel or people getting scammed by investing in it. Then I can see grounds for the government to stop cryptocurrencies from taking over the country's financial aspect.


Title: Re: Can government destroy Bitcoin?
Post by: Crypto26 on May 07, 2018, 01:03:20 AM
it is unlikely that government can destroy btc. There's a lot of big time investors behind cryptocurrency and will not allow government just to ruin what they have started.


Title: Re: Can government destroy Bitcoin?
Post by: reality18 on May 07, 2018, 01:06:13 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

The governments can limit the patronage of Bitcoin to some extend as they cause frequent FUD in the people but the power to the total destruction of Bitcoin rests on the people - You and I. Once people decide not to accept it as a medium of exchange, the demand reduces and that can destroy bitcoin and i don't think this circumstance is very likely to happen, it takes a lot of factors to come to play.


Title: Re: Can government destroy Bitcoin?
Post by: BennyK on May 07, 2018, 01:15:49 AM
Governments will not seek to destroy it, rather they will find a way to control it. At the end of the day Governments and Corporations will have the lion's share of it. Once crypto is widely accepted, it is money and those two entities will do everything to grab hold of power.

Make no mistake, it's a power game in the long term.
Exactly what the governments are seeking for - power! The intention behind their allegations is to gain control over Bitcoin and cryptocurrencies in general, and manipulate the market to suit their interests and gains. Bitcoin and the cryptocurrency industry will persist till the end and it is about time users fight the FUD.


Title: Re: Can government destroy Bitcoin?
Post by: bjmpoker001 on May 07, 2018, 04:50:03 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


What if i told you it is the opposite. Bitcoin can destroy government !
decentralized system will disrupt the existing centralized system. the existing centralized system on government can be disrupted by
bitcoin and cryptocurrency decentralized system.


Title: Re: Can government destroy Bitcoin?
Post by: yabutzxc on May 07, 2018, 04:55:03 AM
it defends to the goverment if they have Power to destroy the bitcoin,as i know goverment has of big power to control the things that we have in every day life.


Title: Re: Can government destroy Bitcoin?
Post by: mix max on May 07, 2018, 05:02:51 AM
Yes, of course. If governments in all countries unite and prohibit access, transactions and all about bitcoin then the possibility of users will not be able to do anything. Bitcoin without the user is nothing and is no longer worth it.


Title: Re: Can government destroy Bitcoin?
Post by: wormgummy019 on May 07, 2018, 05:10:29 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?








I think government can't destroy bitcoin but they can stop it in their country. Government can't destroy the whole bitcoin because it is a worldwide digital currency and not all governments are banning bitcoin. They can stop bitcoin in their country by banning it in their country. Making it illegal to their country can make it stop. Governments can't destroy bitcoin because bitcoin is powerful.


Title: Re: Can government destroy Bitcoin?
Post by: Malian on May 07, 2018, 05:19:45 AM
Government has unlimited power and if you want to make bitcoin destroy then it is easy, the government will recruit experts to make bitcoin destroy, but I hope this is never done all government.


Title: Re: Can government destroy Bitcoin?
Post by: kencot on May 07, 2018, 05:30:38 AM
Although it is prohibited, it seems like users have 1000 ways to keep using bitcoins. So, I think the government will have trouble to destroy bitcoin.


Title: Re: Can government destroy Bitcoin?
Post by: ParveZ219 on May 07, 2018, 05:35:51 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Bitcoin is nothing but a cryptocurrency and if you want to enjoy the advantages of Bitcoin then no one is there to destroy Bitcoins and it is totally based on internet and government can destroy the internet so Bitcoins are also undestructable. So don't worry if government is banning Bitcoin in your country then Bitcoin is going to be illegal in your country but then also you can use Bitcoins. As Bitcoins are anonymous.


Title: Re: Can government destroy Bitcoin?
Post by: Altcoindealer on May 07, 2018, 05:38:37 AM
As you know the blockchain technology is decentral. So i dont think that any gouverment could destroy bitcoin or any other cryptocurrency. So they can make laws against it, and try to censor the internet of their country, they can bann it, but you can hold the blockchain technology. Even when there are start to hunt the miners, they can maybe shutdown the miners in their country, but never the miners worldwide. So in the end, there just one fullnote needed to keep the bitcoin blockchain network on run!


Title: Re: Can government destroy Bitcoin?
Post by: newgal2017 on May 07, 2018, 05:39:00 AM
If the government would want to destroy bitcoin in a way of shutting it down and wanting it to completely eliminate, they are capable of doing so because of the power they have. The government is the one controlling its people therefore if a law that prohibits the usage of cryptocurrency is going to be implemented in order to ban the usage of bitcoin, a lot of people would have second thought in using it because of the possible consequences they may face if they violate that. Yet, it is not assured that all of the people would follow this because bitcoin has been a part of the lives of many people.

If the government would want to destroy bitcoin, people would only make actions that will save bitcoin and themselves from being manipulated by the government. Unless all of the administration worldwide would ban the usage of bitcoin and cryptocurrency, the bitcoin would continue to prosper and would make a way to lives of people.


Title: Re: Can government destroy Bitcoin?
Post by: jops on May 07, 2018, 05:39:40 AM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Yes i think it is possible that government can destroy bitcoin. If all the government around the world banned bitcoin that is the time that bitcoin will destroy. Because no one can use bitcoin if it is banned, we all know that bitcoin depends to those people who use it.


Title: Re: Can government destroy Bitcoin?
Post by: TWW on May 07, 2018, 06:11:55 AM
the only way they could destroy bitcoin is with shutting down the internet and even they do it wont technically destroyed,it just disabled temporary and will come back if internet activated again...and of course it is impossible because they always need internet too


Title: Re: Can government destroy Bitcoin?
Post by: shaheer001 on May 07, 2018, 06:16:32 AM
Got can not destroy it but due to fake news,FUD new and some negative news and article which are about crypto world temporary effect on Bitcoin price and trading.


Title: Re: Can government destroy Bitcoin?
Post by: waton gayeng on May 07, 2018, 07:09:40 AM
I have no idea. To be sure, the government has the power to ban bitcoin. On the other hand, users have other means of using bitcoin even though it is banned by the government. Looks like fifty fifty.