Can bitcoin be frozen?

[seattletu]

The improvement of bitcoin is developing so quickly that a few nations have effectively received bitcoin as a money that has a comparable capacity to genuine currency,with support of different gatherings that help bitcoin so bitcoin winds up plainly solid and growing,with some of these realities positively difficult to make bitcoin kick the bucket and I believe it's "outlandish" for the following couple of years.

In the event that you take a gander at the current bitcoin advancements and are upheld by development of financial specialists to dependably put resources into bitcoins.It appears to be impossible that bitcoin will freeze by any gathering.

[SushGo]

No, its not possible to freeze the all the bitcoins. It will be required lot of computer power and more advanced technology which is not available at the moment.

[DanetonBit]

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[DanetonBit]

can somebody tell me why the US bans its citizens from ICO. I have done some research but can fathom it!

[darylalban]

The government will always want to regulate and monitor because they want their cut. But to make it widespread, they government does need to endorse it.

[craigpo]

Bitcoin can freeze if the community stops using and contributing. But I wonder if ETH is going to rise above Bitcoin.

[Maymun_lavigne]

Not impossible do it. Bitcoin's ownership is anonymous. decentralization , open source.
although open source, can not be anyone freeze it. unless they have access to Bitcoin's wallet
and it must also be very difficult to do.

[bryant.coleman]

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?

Theoretically, it is possible. There are a few things which the government can do, but none of them are very attractive propositions in my opinion. Let's look at various scenarios one by one. First of all, the government can declare the possession of Bitcoin as a criminal offense and arrest those who are suspected of holding Bitcoins. But this can unleash a legal firestorm for the authorities. Another options is to block various exchanges and online wallets. But if a good VPN is used, these restrictions can be over-ridden. Another option may be to conduct a 51% attack, using the super-computers in the possession of the government.

[Macukica]

Millions of bitcoin investors in China are seeing their assets partly frozen, as three major bitcoin trading platforms in the country have suspended “bitcoin withdrawal business”, as they respond to China’s central bank’s call to strengthen anti-money laundry functions.So everything is possible...

[Tahid12]

Of course not. Didn't  you notice that china banned Bitcoin due to stop or frozen it but?  Whatever Bitcoin don't care about anything.  Its just like to grow up and up and up. So I don't saw any possibly for Bitcoin can be frozen in future...

[Basmic]

The government can't do anything with bitcoin. Any attempt to ban the use of bitcoin in one country will facilitate the transfer of capital to another country. When governments you will see that the bitcoin ban only leads to a capital outflow from the country they will stop fighting him and try to legalize it. Then everything will depend on us. We want to pay taxes and you won't pay.

[apex944]

It's just not possible. The whole point of a decentralized currency is exactly that. To not be controlled. But I already know that every government will either not want anything to do with it or try to get a piece of the pie. It'll be hard and slow for them though.

Also explore other crypto like ETH. Those are up and coming.

[denny27]

I haven't yet thought at all that bitcoin will be frozen because it's feared will probably take fiat currency's place, of course there are still many governments that still considering bitcoin / using of bitcoin by everyone.. will be officially allowed or not yet legally permitted at all or even maybe not so care about it. But i think that's a chances are small if will be happened.

[HARRYscotter]

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?

bitcoin need hardware so that it is possible but  all countries can’t move as union  that make ban bitcoin system impossible

[marcbitcoins]

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?

It is impossible for our bitcoin accounts will be frozen because we are the one who keeping our private keys which are all computer system generated beside we could make hundreds of bitcoin wallet with hundreds of private keys match up. If we will send our money to other wallets it very impossible to trace because of hundreds of trading sites both local and foreign.

[kimochidesh]

Govt. Seek 2 option....Either Regulate it or BAN it. It is impossible to freeze all BITCOIN accounts or stop Users. Banning of BTC has to take place at world level which is not possible. They need to find a suitable solution to handle the BITCOIN economy without conflicting with users interest.

[MariamSargsan0101]

No. It's impossible cause of it is decentraliezed and noone can stop the transaction

[Proton2233]

The government can't stop bitcoin. But the government can act in other ways. First of all, they may prohibit the use of bitcoin and the special bots will track all users. In addition to this banks the government can stop bitcoin exchange operations on Bank cards. In this case, bitcoin users accounts themselves will lose interest in bitcoin.

[alva 666]

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?

if you mean price go to zero not think

government only can try to reduce prices and make some control  so may be ban it .

stop this program ?
no  bitcoin system is hard enough to be stopped but it is possible 

[Nameless27]

If the government has a law declaring bitcoin as illegal, then they can somehow track or closed exchanges operating in one country if only they have the machinery to do so.

In the same issue were they can’t even find any hackers when we’re talking about 1 of a thousand person in the world. Then how will any government frozen any bitcoin transactions without stopping the internet? The answer is they can’t.

Bitcoin and cryptocurrency is on a channel that is beyond the control and jurisdiction of any county it is called “internet” and the only option they can stop it when they want war on its own people.