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Author Topic: No One Can Shut Down Bitcoin  (Read 1184 times)
redWAY
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June 25, 2021, 10:12:42 PM
 #141

if for some reason we get back to the stone age then btc may shut down. otherwise impossible, no matter what legal status. a revolution has taken place, too many are already in the boat. whether viewed technologically or historically. it is impossible.

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June 26, 2021, 03:04:16 AM
 #142

I agree no one can turn off bitcoin now especially now that there are countries that have legalized bitcoin. This is one of the shocking news for the development of bitcoin so for now I don't think there is a loophole to shut down bitcoin.

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June 26, 2021, 03:46:13 AM
 #143

The circulation of bitcoin between two people will always be available, it is here to stay, if it is legal or not, it should be a consideration in the background for those who are and those who want to join.

Until when(!?) that repetitive discourse on whether governments will accept bitcoin or if they will ban it, the important thing here is that new users of any type arrive, that the capitalization of bitcoin grows and that the volatility of bitcoin finally becomes an intrinsic characteristic of bitcoin that everyone uses as an investment technique and not to whine.

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June 26, 2021, 04:59:12 AM
 #144

Truly no one can shutdown bitcoin, it has  grown beyond that space. Bitcoin is being held by many people all over the world and there truly believe in it and also so many big investors and companies has interest in bitcoin as well because of the profit there derive from it so no matter the situation no one can shut down bitcoin, in the past years bitcoin has faced so many challenges which it overcame so no matter the FUD created bitcoin will survive it's sure and certain.

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June 26, 2021, 05:23:33 AM
 #145

I agree no one can turn off bitcoin now especially now that there are countries that have legalized bitcoin. This is one of the shocking news for the development of bitcoin so for now I don't think there is a loophole to shut down bitcoin.

Too late now. If they could they would have done so along time ago. Frankly speaking if you cant beat em you join.
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June 26, 2021, 11:01:19 AM
 #146

Im so agree with this, back at 2017-2018 period theres so many country banned bitcoin or do something bad into BTC but BTC keep survive and become stronger and more stable every year. And this current situation (China) is just same like before, so we just need to chill and don't panic with this current situation.
ropyu1978
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June 26, 2021, 11:42:52 AM
 #147

I agree no one can turn off bitcoin now especially now that there are countries that have legalized bitcoin. This is one of the shocking news for the development of bitcoin so for now I don't think there is a loophole to shut down bitcoin.
I really agree with your opinion bro, to turn off bitcoin is now very unlikely, because bitcoin has been legalized by several countries, because the benefits of bitcoin have been felt by many people, bitcoin has lived for more than 10 years, if anyone says bitcoin will die, in my opinion it's not possible..
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June 26, 2021, 12:34:52 PM
 #148

Bitcoin cannot be completely banned or banned from use by any government or group in any country is not possible. Bitcoin is a unique medium of exchange and is not controlled by anyone. Many people think that if the government bans it, it may not be possible to use or exchange it, but this is a completely wrong idea. Because it is not possible for the government of any country to completely ban or control the use of Bitcoin. It depends entirely on its users and the number of Bitcoin users is increasing day by day. So it can be said that no one can stop Bitcoin.

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June 26, 2021, 01:31:01 PM
 #149

Yes no one can shut down bitcoin as long as there still a miner out there the Bitcoin cannot be shut down although the government can ban it they still can't stop it and monitor all of its citizen if one or few of them are still mining the government can only do is to ban it but it won't stop the person in receiving and sending Bitcoin as a mode of payment. 
Unless all the government becomes like China, where every street corner has a camera or some form of surveillance., i think they will be able to suppress anything illegal not to mention that in small spaces, mines gets pretty hot so some neighbors will probably notice it.

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June 26, 2021, 03:31:27 PM
 #150

I strongly concur with your point. No one can shut down the Bitcoin. It can only happen if their is no internet again and I don't think that can happen. Because even our government now depends on internet. Almost everyone uses internet now. Everything is been computerized now.bitcoin has been in existence for so long, it's a means of employment for many Nigerians. So nobody can close it because as a nation we are gaining from it.
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June 26, 2021, 04:57:41 PM
 #151

A catastrophic dooms-day scenario on earth that shuts down the internet would be the only way the bitcoin network would be "shut down" but this is realistically outside the realm of possibility at this point.
tabas
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June 26, 2021, 05:27:46 PM
 #152

I agree no one can turn off bitcoin now especially now that there are countries that have legalized bitcoin. This is one of the shocking news for the development of bitcoin so for now I don't think there is a loophole to shut down bitcoin.
Some have given a way but those are just possibilities if something really has to happen as such.
A catastrophic dooms-day scenario on earth that shuts down the internet would be the only way the bitcoin network would be "shut down" but this is realistically outside the realm of possibility at this point.
Yes, that's one possibility but the chances of it happening is below to zero point and a decimal percentage.

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June 26, 2021, 05:56:56 PM
 #153

Yes no one can shut down bitcoin as long as there still a miner out there the Bitcoin cannot be shut down although the government can ban it they still can't stop it and monitor all of its citizen if one or few of them are still mining the government can only do is to ban it but it won't stop the person in receiving and sending Bitcoin as a mode of payment. 
Bitcoin is lacking a fixed physical form and it has become a wall that the government cannot destroy, they cannot seize assets that are not in physical form, exactly as you say, the government can go to the mining sites and interact with the owners but they can't do it with all the people who are online, can't verify who is behind the addresses exchanging in bitcoin. The strongest is still our key, sometimes there are passwords that we can't remember and if we don't actively provide it, others can't access it either.

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