Why hasn't any government stopped Bitcoin?

[w0lverine]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

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[zeze18]

Perhaps with such rapid growth and popularity and by seeing the enormous potential of bitcoin.
it attracts the attention of governments to give statements about the legality of bitcoin.
Although currently not many countries are adopting bitcoin and declare about its legality but it is proven that bitcoin can be a good innovator for the development of digital currency.
And with bitcoin declaration as the official payment instrument, it is necessary to revise finance law on bitcoin services for countries that have declared their Legality.

[CryptoBry]

There is indeed a changing view of many governments, the money managers, politicians and the media towards Bitcoin. What was considered to be outright scam and dangerous is now becoming almost the darling of the investment world and the press. Soon, Bitcoin and other cryptocurrencies would be enjoying the praises and positive feedback coming from these people.

Now, the question on my mind is this: Can the government really stopped Bitcoin? Yes, they can try but in the end they won't succeed because Bitcoin is also representing a very good technology which even the government can use. Why would you kill something which can be beneficial and quite revolutionary and you can use it in the future?

There are many benefits in allowing Bitcoin to flourish because blockchain technology can attract new investors and new money into the table. Governments are after new investments that can hopefully create more jobs and create a domino effect on the economy.

In the end, they will realize that it can be a win-win situation and for politicians it can even help propel their own self-vested interests politically and economically. Now, how cool is that?

[botany]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Governments have done enough to dissuade common people from using BItcoin extensively. Being charged with operating unlicensed money changing businesses is a possibility if you engage in cash-bitcoin conversion.

[AgentofCoin]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Simply, Bitcoin is currently a decentralized open-source voluntary p2p network.
Each of the above terms prevents specific legal actions from occurring to the network.

For example:
(1)decentralized: since the validator node network is decentralized among thousands
of individuals in thousands of locations, it is not possible to shut down each one in all
jurisdictions at the same time without shutting down the internet for the whole world (Miner
nodes are no longer decentralized and are now majority controlled by state actors, such as
in China). This vector of regulation is only effective if the validator node network is disbanded
or becomes too burdensome for average people to maintain in diverse locations, otherwise this
regulation vector is not effective.

(2)open-source: since the code for Bitcoin is open and not considered proprietary,
anyone can copy and implement the code anywhere at anytime for free and anyone could
participate with code changes. In this way, the code is not controlled by any one person or
entity, and the only entity that could be legal regulated is where the code is maintained
(currently GitHub). There are many copies elsewhere and this vector of regulation is not very
effective, especially with decentralized nodes who also maintain this code.

(3)voluntary: since the network and developers are not paid by a "Bitcoin Development
Group" and all aspects are basically voluntary, there are no legal "responsible parties". This
means that there is no single person that a government could fine/compel/imprison/torture in
order to change or control the network/protocol. All parties from the developers to the users
(no longer true for miners), in theory are voluntary participants who have no liabilities nor
guarantees. This vector of regulation is not effective as long as developers (and users) are
voluntary individuals who are not associated with a company or regulated group and that the
open-source and decentralized node aspect is maintained.

(4)p2p: since the network communicates with decentralized independent nodes
throughout the world and that the token, through the blockchain system, can transact without
trusted parties, individual people are able to perform exchanges without regulatory oversight or
institutions blocking or allowing that transaction. Since Bitcoin was designed to be P2P, it allows
for and sidesteps this vector of regulation of transactions from user to user. This vector of
regulation can only occur on regulated/licensed exchanges.


Ultimately, Bitcoin challenges governmental authority, as designed, and there is nothing they
can currently do about that. But if majority of the decentralized aspects of the system was
destroyed (besides mining) then Bitcoin will fail since it becomes extremely simple to regulate
directly into the protocol itself. There are many areas where Bitcoin could be regulated from, but
only the Miners due to the centralizing and financial aspects of that subsystem, have already or
will soon be fully subject to governmental regulation (when that occurs we leave them behind
with PoW changes to prevent the total destruction and anticipatable oppression that will follow).

What many members of this forum and in the Bitcoin community in general do not understand
(or do not care) is that governments do not support Bitcoin at all. In fact, it is seen as something
that will eventually erode their power and control in many different areas. It blatantly violates
many laws which is only possible due to its design and decentralized independently voluntarily
maintained system. Users/members who argue that governments allow it now or like it because
it improves technological innovation or for tax collection purposes do not understand what is
actually occurring in some governmental circles. Within specific circles, mostly associated with
intelligence groups, Bitcoin is either a threat to themselves or a weapon for themselves.

Most simply, Bitcoin only exists today because Satoshi created a near perfect system designed
to anticipate and outmaneuver vectors of attack or regulation that powerful entities could use.
In this light, Bitcoin really is a masterpiece. An almost near perfect system that makes the current
world system, whether in law or finance, scratch their heads and say "Now what do we do?".
The answer, if decentralization is maintained, is nothing. There is nothing they can do but accept
its use over time and act like they allow us to use it.

The biggest threat to Bitcoin is not high fees or low user adoption, it is the law and regulation.
Users who think it is vice versa are not followers of Satoshi, the Whitepaper, Cypherpunks,
freedom, or anything. They are destroyers of masterpieces, like fundamentalists who destroy
ancient statues and art. They are ignorant of the actual feat that has been performed here as
well as where its true value originates.

Edit: spelling and some lines.

[Cereberus]

Thanks to all advantages that bitcoin does have, big governments like Japan which are techno friendly have accepted it in mass. In fact in Japan there is even a big mall where you can buy things with bitcoin. Next on line is Australia which will try to accommodate bitcoin legally in early July, 1 July to be precise. These moves from such big countries has sparked the interested of many other governments which are quietly thinking of ways to legalize it. India is one of such case. As you can see bitcoin potential is tremendous that's why maybe the governments are being quiet regarding bitcoin now.

[hfaffiliates]

LOL. How to do this government. Bitcoin don't have any record of this transaction by client. The government don't know where its operate. and Who control this ? The Govt cant not stop this. If govt can if every govt stop internet but its not possible for any body for that Bitcoin never stop. If Possible if the miner stop mining but it also not possible.       

[darkangel11]

Fighting it without any effects is much worse than not doing anything. I'm sure some countries have thought of it, but analysis has proven it to be not worth it.
Bitcoin is not threatening to destabilize the government, so there's no need to fight it and doing so might prove to be futile. How would you stop an online project, that isn't supported by your local servers? You can't go to neighboring countries and start arresting people, and arresting node runners and miners in your country wouldn't stop anything.

[iyan33]

I think bitcoin has the right to flourish and is equivalent to fiat currency, because of its enormous functionality to the economy of its users in various countries.
Although currently only some countries that successfully adopted bitcoin but with these advances would have a positive impact on the development of bitcoin.
And the government has no right to stop bitcoin activity, because presence of bitcoin doesnt harm any party.

[hfaffiliates]

Fighting it without any effects is much worse than not doing anything. I'm sure some countries have thought of it, but analysis has proven it to be not worth it.
Bitcoin is not threatening to destabilize the government, so there's no need to fight it and doing so might prove to be futile. How would you stop an online project, that isn't supported by your local servers? You can't go to neighboring countries and start arresting people, and arresting node runners and miners in your country wouldn't stop anything.

Yes You absolutely Right. your every point of view right. The government can't do any think. 

[w0lverine]

(snipped to save space)

Thank you very much for your answer, it is very inspiring and it is refreshing to see someone who believes in a new world order as a potential end game for the blockchain rather than an easy way to make a quick buck.It has been a while since I have seen someone mention the cypherpunk movement.

I have trouble understanding your point on leaving the miners behind by modifying the POW system. How would that go? This is for me the biggest vulnerability of bitcoin, a government taking over as it grows and challenge their supremacy and control over not only the currency system but the whole governance.
What can we do when we reach this point?

[audaciousbeing]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

The issue about this legality is that it is getting clearer by the day and the government is wishing it to go away rather its popularity keeps on growing and that's where they have the concern on what they want to really do about it. The reason for the delay from my own view is largely due government yet to find a way to control it and them being preoccupied with more pressing needs to give bitcoin the needed attention.

[Unknown Enforcement]

Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins. Government can only use media as a weapon.

[hfaffiliates]

Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins. Government can only use media as a weapon.

Yes You are right the government can do any think. because there are find any think about bitcoin. bitcoin will be stop if the miner stop mining. but the are not possible. government only what happen and what will doing bitcoin. then new revelation in currency world.   

[Gaaara]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

If bitcion is legal in your country and the bitcoin can be withdrawn then people doing a job for bitcoin is actually bringing money from other country so it is good for the economy, once the government realize what is the good benefits of bitcoin being legal they will try to control it but as long as bitcoin is being anonymous and has an uncontrollable value then government will try to make some boundaries regarding of how it is being used. Maybe they're in the process of legalizing or making it illegal and they don't want to make some issues regarding it so it is not being announced and keeping it away from media.

[kelsey]

they already have pretty much, by regulating it.

bitcoin should have been indifferent to gov, kinda the whole point, but yeah now all these wannabes entrepreneurial types  have poisoned it enough to allow windows to regulate it.

[clickerz]

Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins. Government can only use media as a weapon.

Thats so true, and besides bitcoin is the initiative of people who wants a decentralized system away from government control. All the the government can do is to regulate but I doubt if the can regulate 100%.

[kelsey]

Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins. Government can only use media as a weapon.

keep telling yourself that  

no centre of attack; so no core devs   no centralised mining pools   no centralised exchanges 

[w0lverine]

Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins. Government can only use media as a weapon.

keep telling yourself that 

no centre of attack; so no core devs  no centralised mining pools  no centralised exchanges 

Yes exactly, the biggest issue here is the centralisation of miners.
What can we do to avoid that? Everything has become so political in the Bitcoin world

How can we distance ourselves from being ruled by the miners and how can we protect the network from a 51%?
I miss the good old times when we were all united.

[AgentofCoin]

(snipped to save space)

Thank you very much for your answer, it is very inspiring and it is refreshing to see someone who believes in a new world order as a potential end game for the blockchain rather than an easy way to make a quick buck.It has been a while since I have seen someone mention the cypherpunk movement.

Depending on how you define "new world order" I agree.
Cypherpunks basically believe that through certain mechanisms and coding, the people
can be protected from institutions that have slowly become corrupted or malicious to
those that they originally represented or led. When fully established, many things that
we consider today to be normal, like privacy and certain rights, will be seen as suspicious,
not important, and if performed, worthy of imprisonment or torture. As technology
improves and evolves over time, it is inevitable that those improvements will be used
against the people to the point in which they will become no different than watched slaves
who shortly become guilty until proven innocent. At that time, humans will only exist to
perpetuate that future totalitarian system and their controller's power. Those humans will
never again have the ability to overthrow them and institute a free and fair government/
society. The belief of life, liberty, and pursuit of happiness will be a pipe dream.

Cypherpunks, IMO, are the last group of freedom fighters who have the capability
and means to prevent that potential future oppression from actualizing. They are the
final safety valve that releases from time to time to counter balance and prevent that
potential future. Bitcoin, in this light, is much bigger than just a financial instrument.
It is a form of redemption that the world will not fully understand until it is actually
needed. For example, in Venezuela, Bitcoin's true need and use has manifested
in our modern day. So, Bitcoin is already changing things and creating a better
tomorrow.

I have trouble understanding your point on leaving the miners behind by modifying the POW system. How would that go? This is for me the biggest vulnerability of bitcoin, a government taking over as it grows and challenge their supremacy and control over not only the currency system but the whole governance.
What can we do when we reach this point?

Simply, if the Miners reach a point where they have become fully corrupted or
compromised, the community can decide to change the Proof of Work algorithm
so that those entities can no longer directly influence the system. In this case, a
new PoW algo will be selected that is ASIC resistant and likely rotated with other
algos so that centralization of mining power becomes harder to perform in short
time frames. It will not be perfect, but it is highly acceptable over a Bitcoin blockchain
that is regulated, mandates blacklisting of certain coins, ID registering and tagging of
addresses, and any other restrictive or oppressive aspects you can dream up.

This will be performed by a hardfork, where the new protocol/chain will have this
new PoW algo. If governments take control of mining facilities, which is not far
fetched and very likely, especially in countries such as China, we will just flip them the
bird and leave them on the old chain with the old protocol. If Miners do not resists
governmental attempts at control or directly regulating their block work, and choose
to play ball with them, they have chosen their side and we no longer are bound to
preserve their financial investments. In fact, we will proudly brick those investments.

When Satoshi created decentralized mining with the dream of 1 CPU = 1 Vote, he
assumed that potential governmental attack vector was covered since it disbursed
the liabilities over the whole world and through hundreds to thousands of decentralized
individuals. Since that did not develop as he desired (centralization happened faster than
he thought possible), if Miners willingly (or unwillingly) become compromised today, we
just adapt and move forward without those compromised systems. We will then
participate on a free chain like today. If it happens again over time, we will just hardfork
again. The governments can keep trying to regulate ortake control, but ultimately it will
always be futile. As Bitcoin is designed, it must continually evade all forms of capture,
whether from internal parties or external ones.

[pearlmen]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

If a country as advanced as USA and Russia technologically not leaving other countries like China or North Korea behind, could not over the years stopped bitcoin, then that sends a message to other countries that towing that path of destroying it is a waste of time rather they are now improvising by making the environment more difficult for users. And aside that they are now proposing their own crypto currencies its also a way to slow down bitcoin.

[shohelalam]

Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.

[BTC5150]

The US Gov is already "regulating" it and it's exchanges.

[Suspicious link removed]j.com/articles/irs-crackdown-on-bitcoin-exchange-fuels-privacy-worries-1490623200

In China

http://www.zerohedge.com/news/2017-01-07/china-launches-bitcoin-crackdown-pboc-will-probe-investor-behavior-and-rectify-misbh

https://www.bloomberg.com/news/articles/2017-01-06/bitcoin-buyers-eye-beijing-nervously-as-prices-slide-from-record

Plenty of info all over Google.

While, they can't stop it, they can control it.

Gov's will use the blockchain and launch their own digital currencies. Use them, or else.

If you have the balls to break the law and use other coins go for it.

[SimmonenY]

You can't stop something that you can't control, put your hands on or restrict. Those countries which could maybe possibly somehow stop it will soon accept bitcoin.

[zulkarnaen]

If you look at some facts that exist and the development of bitcoin more rapidly certainly not easy to stop the progress of bitcoin by any government for now. Even with the rise of some countries that declare legal bitcoin of course this will make bitcoin stronger.

[Amph]

Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins. Government can only use media as a weapon.

true, but they can hinder the adoption, in many way, by stopping local exchange or closing your bank account, or saying shit like "I put you in jail if i caught you usign bitcoin", some country also do this actually

but i think it would be better for them if they embrance bitcoin, and regulate it like japan did, they would receive a better source of income via additional taxing

[alexrose2699]

Because the average daily volume of the forex markets (currency trading) is $5.3 trillion USD, or well over 1,000 times the entire value of the bitcoin market. Bitcoin is an infinitesimal part of the economic system and no government is going to spend resources to stop it. Governments may try to restrict or regulate it, but it’s simply too small to try to stop.

[machinek20]

The government cant be reckless to make decision, becuase there are so many bitcoin user and the government realize that bitcoin had helped the people and bitcoin could possibly the future system for transaction, if they stopped bitcoin the country could possible being left behind by this technology

[1.btcwonder]

Because there are several advantages in permitting Bitcoin to embellishment because blockchain technology might attract new stakeholders and new currency into the counter. Governments are subsequently finding new investments that can expectantly generate more careers and generate a cause and effect on the budget.

[richsoon]

If you look beyond conspiracy theories about the banks and the 1% etc then you will see that governments have no motive to ban bitcoin. They may have initially been afraid it was used solely for scams and illegal trade but ultimately its use has spanned way beyond that.

[ezzy.co]

Maybe, because it's not easy to do. Countries like China and Taiwan, which are pretty advanced, tried to stop it but failed. I think it says something.

[qwertyup23]

Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.

In fact, here in the Philippines bitcoin was seen by the government not as money, but as property therefore, it is not subject to legal tender. The government now does not see it as a threat to the economy nor to the system but in fact, they see it as a rising potential for future trades. Also, since converting bitcoin to fiat is famous, some of our retailers even accepts bitcoin as a payment for fees. My friend interviewed the lawyer at our Central Bank (BSP) and discussed their view on bitcoin and they discussed about the future of it being legal at the moment.

[iram1011]

The fact is Bitcoin is soon to become a bigger phenomenon in financial landscape. Any ban on a digital and decentralised currency like bitcoin isn't very effective to make it count. There are thousands of ways to access Bitcoin in case of ban. Government can't really ignore Bitcoin now. It is gaining grounds in various parts of world and leaving it behind isn't worthwhile for any country. So, now government aren't focusing on banning Bitcoin but regulating it. Thus, having a give and take relation with Bitcoin.

[rjbtc2017]

In my opinion, i don't think government needs to stop Bitcoin, since bitcoin can be collected through mining
which means mining>electricity usage>electricity bill>profit from electricity>taxes>government.
Government has benefit from bitcoin miners and i think with the progress of bitcoin, Government is now thinking that with the progress and advancement of bitcoin they can benefit from it from the taxes from the companies who provides services such as buying and selling of bitcoin.

[MeridianMDN]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Most governments are growing to realise that digital assets can do a lot more good than harm.

There has been a lot of education in bringing those in government up to speed on the possibilities of digital assets, as a result there is less resistance.

Some could even suggest that there is somewhat of an arms race among the various governments to establish flourishing digital asset centres, beating other nations to the punch in becoming dominant participants in this new market.

I may be incorrect, but I tend not to believe that Bitcoin challenges the authority of any government. Digital assets in general may actually serve to enhance the authority and abilities of government and ultimately allow for various agencies, globally, to achieve heightened levels of efficiency.

Digital assets allow the human race, in it's entirety, to take another step upwards on the stairway of evolution.

I really struggle to find a segment of society that will be affected negatively by the growth of digital assets.

All of the industries, including the banking sector, can experience advancement due to this new world that has opened up - so long as they adopt a forward thinking approach, and abandon some of their old (and limiting) ideologies

 

[AgentofCoin]

...

...
I may be incorrect, but I tend not to believe that Bitcoin challenges the authority of any government. Digital assets in general may actually serve to enhance the authority and abilities of government and ultimately allow for various agencies, globally, to achieve heightened levels of efficiency.
...

To be brief, I think your opinion only applies to Bitcoin and Digital Assets if they are
regulated directly by governments or other regulated entities like corporations or
banks.

If they are not regulated directly, they could operate freely and comparable to things like
in "International Waters". Now imagine if those waters were in the center of your country.
If that occurred, that country and it's government could never regulate or control anything
in reality. The mere existence of that "International Water" within your country is what
prevents enforcement of laws and statutes both off and on the land.

International Waters (Bitcoin) is a double edged sword, and the only means of regulation
currently is by monitoring the beaches (third party exchanges). This is why Bitcoin (and
some Digital Assets) challenges governmental authority now. Those governments are forced
to sit on the beaches and watch and hope to chase down any boats that hit the shore. Prior
to Bitcoin, there was no shore, or water, and no non-enforcement boundary. Its a new
world now and if they could, they would attempt to drain that water body and reclaim it's
lakebed as their own regulatable land again.

So, IMO, your belief is correct if governments/etcs can regulate those Digital Assets. But as
it applies to Bitcoin currently, (and some other CryptoCurrencies/CryptoAssets) its existence
actually undermines governmental authority and powers, the same way "International Water"
does. Their job is to capture us and ours is to circumvent them, this brings a balance to
something that was too imbalanced for too long. If the system won't become healthy,
it must be made so, so that the many don't suffer.

If the Protocol becomes regulatable, the "International Water" becomes an average lake.
Then you will need to get a permit from your masters before you go fishing. But currently,
we don't need a permit to fish and hasn't Satoshi showed us how to be fishers of men?

[rjbtc2017]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Most governments are growing to realise that digital assets can do a lot more good than harm.

There has been a lot of education in bringing those in government up to speed on the possibilities of digital assets, as a result there is less resistance.

Some could even suggest that there is somewhat of an arms race among the various governments to establish flourishing digital asset centres, beating other nations to the punch in becoming dominant participants in this new market.

I may be incorrect, but I tend not to believe that Bitcoin challenges the authority of any government. Digital assets in general may actually serve to enhance the authority and abilities of government and ultimately allow for various agencies, globally, to achieve heightened levels of efficiency.

Digital assets allow the human race, in it's entirety, to take another step upwards on the stairway of evolution.

I really struggle to find a segment of society that will be affected negatively by the growth of digital assets.

All of the industries, including the banking sector, can experience advancement due to this new world that has opened up - so long as they adopt a forward thinking approach, and abandon some of their old (and limiting) ideologies

Maybe in the future if Bitcoin will really be that famous and everyone knows it, Government will regulate it not now but i think someday Government will take it's steps in order to regulate Bitcoins and make the fiat money more powerful and usable than bitcoins, and probably most banks will not allow BTC overtaking fiat, or in a positive thinking , Maybe in the near future Banks and Government will embrace this changes and Make BTC available in banks ( that will be based on bitcoin network of course.)

But as much as i really think , Government will see BTC as threat specially to Banks.

[chaoscoinz]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

 It isn't so easily answered. Bitcoin is fairly new technology. To completely shut it down would be to impede technological innovation.
Before any decision to remove it completely (less likely to happen), it would have to go through a series of heavy regulation first.
  Bitcoin and blockchain technology opened the door to a digital alternative financial system, free of centralization. It is a gateway that could lead to decentralizing almost everything. Bitcoin operates in a bit of a legal gray area for certain instances. Most of the regulation comes from turning it to fiat, which is regulated. Bitcoins value is determined by a combination of  supply and demand, and the system it's built upon.
If everyone were to drop bitcoin today and move on to something else, it's value becomes nothing.The system in place is collectively agreed upon, the more people that adopt and contribute, the bigger the expansion of system and it's value.
  You can most certainly believe that the big boys (governing bodies) are keeping their eye on this movement and a few are most likely making a profit from it. It is interesting to watch nonetheless, but even more so to participate. Exciting times we are living in my friend.
 
Welcome to the digital age!
"To infinity and beyond!" (Buzz Light Year: Toy Story)

[BTCwoker]

Bitcoin doesn't have any weak point to attack. this is a technology which is not controlled by any organization or government. computers control it, the government has the option to use media otherwise there is no weak end to control it.   

[olubams]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

What's the issue here is that every government have moved beyond the point of banning bitcoin because they know that is a unachievable task at this time but if they have banned bitcoin, the implementation of making people responsible for flouting such rule also became impossible, then we are now in the point of regulation which is something they are now trying to implement in which without that, we will continue to have freedom unfettered.

[veleten]

because goverments do not have enough power to stop something that has been initiated
by globalists-like the transition from fiat money ,for example
cryptocurrencies and bitcoin as the pioneer and the flagship,can't be just banned without repercussions
this would mean the particular country goes agaianst the will of the globalists forces of the world
and also losing out on the prospects of profiting from regulating and taxing of the crypta

[Samueltalk]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think that initially the government was wrong in assessing bitcoin, now in fact they are beginning to legalize the bitcoin that leads them to have to revise the laws they have made earlier to oppose the legality of bitcoin. In the next few years there will be some countries that will follow in their footsteps, I believe this will be a challenge for countries that still underestimate bitcoin.

[shohelalam]

Because any Government has not any power to stopped it. we don't know where bitcoin setup. we don't know any information about controlling power of bitcoin.

at same time any government hasn't any record about bitcoin so how could the government stopped bitcoin .

I think any government want to touch this and want to stopped it.

[khufuking]

There is simple answer for this . IF you can not stop something from outside then your next best option is to try to control it from inside .
Even if any government tried to stop it what is there options ? there hands is pretty much tied . If they had any chance trust me Bitcoin would have gone from long time now . Bitcoin take the power from banks and give it to people and there is nothing more dangerous than this to any government but they just can not stop it . So the 2 options they have is 1- try to stop it and will probably fail . 2- go along with it and try to control it and that is what they are trying to do right now .

[Nameless27]

The government is bond by the voice of the people if the citizens of that country opposed the stand of the government they will be followed. They can't stopped the one they can't controlle in the first place. Hackers and bitcoin has something in common the used of internet. Government been tracing hackers but failed when in fact there just few people. And bitcoin users are millions of determined people who just want to earned and that's the difference.

[seattletu]

The government is bond by the voice of the people if the citizens of that country opposed the stand of the government they will be followed. They can't stopped the one they can't controlle in the first place. Hackers and bitcoin has something in common the used of internet. Government been tracing hackers but failed when in fact there just few people. And bitcoin users are millions of determined people who just want to earned and that's the difference.

In any case, more to the point, what is the purpose behind these endeavors to dishearten utilize? Are the reasons and objectives handy and honest to goodness?

Does Bitcoin show a risk to power, control of the household cash supply, acquiring, expansion, remote trade or guardian organizations? Truly and No…

Governments can boycott Bitcoin, however the boycott can't be extremely viable. In this way, normally, they utilize different intends to debilitate Bitcoin proprietorship and exchanging.

Bit by bit, administrators in a few nations are starting to see Bitcoin as a greater amount of an open door than a risk. There might be no compelling reason to discourage natives from embracing Bitcoin, regardless of the possibility that the masses spares or spends it as real put away esteem money and not similarly as an installment instrument.

[Xenoph0bia]

The government is bond by the voice of the people if the citizens of that country opposed the stand of the government they will be followed. They can't stopped the one they can't controlle in the first place. Hackers and bitcoin has something in common the used of internet. Government been tracing hackers but failed when in fact there just few people. And bitcoin users are millions of determined people who just want to earned and that's the difference.

Agreed with you, bitcoin is not only popular among the common people but also people like bill gates has seen tremendous potential in the bitcoins. Government can not ignore the fact and they also can not ignore the extraordinary journey of the bitcoins since its initial days.

[chrissss]

because it is out of control and cant be hacked

[bubblebit]

The corrupt government officials and greedy bankers were thinking about it all along. But what make it harder for them to just banned it in all parts of the world. It is because of one specific thing "internet", they can't stopped this without switching it off. So it's impossible for them because it would make this world a war zone instantly without internet connection. It is like how can you stop a hurricane when it's on the run.

[Yuhee]

I think btc is now on a verge of going down. I dont mean to be shut down but the price is really going down fast. BTCChina has really high influence over the flow on the market and because even one statement from the Governor of the blockchain there and most people are really in panic and is already taking precautions whether to continue investing on btc or not.

[blockchainmarketus]

LOL. How to do this government. Bitcoin don't have any record of this transaction by client. The government don't know where its operate. and Who control this ? The Govt cant not stop this. If govt can if every govt stop internet but its not possible for any body for that Bitcoin never stop. If Possible if the miner stop mining but it also not possible.       

That's the revolution starts. Most authority with tyrany won't a new power to comes out. Bitcoin can be a means of new power in economy that shakes their hegemony in the country. In fact, they fail to attack or shut down bitcoin. What they can do ban. Ban bitcoin exchangers, yes they can ban them but ban individual to hold bitcoin? If they can, just do it.

[Kingofbitcoin12345]

In my personal opinion,, the government of each country is just balancing the demand and profitability of bitcoin to its people.. Why would a government lawmaker proposed a bill to stopped or banned bitcoin without giving any solid evidence that it can harm than it can be good to its citizens.. We almost forgot the essence of money,, as long as the money you get is not from illegal transactions and it will benefits you and your family.. I don't see any reason a good public servants will make a stupid act..

[darkangel11]

There's really no reason to try to stop bitcoin. I'm sure governments did their math and it has not only proven to be very difficult and expensive, but also pointless.
Bitcoin is not trying to destabilize governments. It's only giving people the ability to choose the currency they want to be using, it's like another foreign currency to a government. If they are allowing people to buy unstable currencies like some of those African ones, why would they want to stop them from using BTC?

[Miles123]

There is no reason to stop bitcoin. If the bitcoin will be known and will be legalize, the government will have beneficials beacause bitcoin will pay a tax so that it can help the economy of a country. And bitcoin is very helpful in our daily needs.

[Lampaster]

There is no reason to stop bitcoin. If the bitcoin will be known and will be legalize, the government will have beneficials beacause bitcoin will pay a tax so that it can help the economy of a country. And bitcoin is very helpful in our daily needs.

This is a misconception. The government can certainly come up with a method how to levy a tax on the use of bitcoins, but it is not important. With the advent of cryptocurrency government loses control over citizens, and it scares them more than the budget deficit.

[savushkinTA]

Governments probably cannot shut it down through "technical" means, i.e. hacking the system, thus crashing the value or preventing it from working

[Gotottack]

At the outset, governments worldwide tried to stop the proliferation of Bitcoins. However, it cannot be denied that the more they try to topple down said cryptocurrency, the more its popularity increases. The impact of its popularity has its highs and lows but the former obviously make it attractive to investors who desire to take control of their money. Thus, the massive growth of Bitcoins in a small amount of time has substantially affected the economy worldwide. With this, governments take a shot at what was once just an idea but now seems to be an invincible asset to deal with.

[imstillthebest]

LOL. How to do this government. Bitcoin don't have any record of this transaction by client. The government don't know where its operate. and Who control this ? The Govt cant not stop this. If govt can if every govt stop internet but its not possible for any body for that Bitcoin never stop. If Possible if the miner stop mining but it also not possible.       

yeah, bitcoin is decantralized and no one controls or holds it therfore no one can declare a law or regulation to it not even the government and banks. bitcoin is unstopable and no one in this world can stop it or restrict it unless theres a total black out and internet have been shutdown.

[Lieldoryn]

LOL. How to do this government. Bitcoin don't have any record of this transaction by client. The government don't know where its operate. and Who control this ? The Govt cant not stop this. If govt can if every govt stop internet but its not possible for any body for that Bitcoin never stop. If Possible if the miner stop mining but it also not possible.       

yeah, bitcoin is decantralized and no one controls or holds it therfore no one can declare a law or regulation to it not even the government and banks. bitcoin is unstopable and no one in this world can stop it or restrict it unless theres a total black out and internet have been shutdown.

This is not so. To stop bitcoin the government is sufficient to limit the exchange of bitcoins for Fiat. This is the weakest point of all users of bitcoin. It seems to me that the government now wants to deal with bitcoins because they think how to install a control for users to their hands to earn money.

[awilliams]

The government is scared of decentralized currency; however, if they lose out on the opportunity and ban it, then they lose out on billions. I think they're just trying to get the tech together to integrate, regulate, and/or track.

[Roman Abraham]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think the government can actually take advantage of bitcoin. if bitcoin in a country is legalized it will invite foreign investors to come and invest their money into the country in bitcoin form, if this happens it will have an impact on the growth of the country's economy.

[matuson]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think the government can actually take advantage of bitcoin. if bitcoin in a country is legalized it will invite foreign investors to come and invest their money into the country in bitcoin form, if this happens it will have an impact on the growth of the country's economy.

You are wrong. Bitcoin users are not investors. There are a small number of investments made by citizens of countries that exchange bitcoin to local currency. It can be considered an investment but they are too small to participate in the statistics. In General, the government is the enemy of bitcoin.

[christian07]

I think because its so conveniece that bitcoin brings and here we dont have any problem if we save our money like other bank,the only problem here is the volatile price of bitcoin but base in the past 6 years of bitcoin i think the price is no more problem even its volatile

[senne]

Sorry, But bitcoin has been stopped and banned in many countries which include Bolivia, Ecuador, Kyrgyzstan, and Bangladesh till now. But if we compare this with the countries where Bitcoin is illegal, that is way much more than it. Moreover, in the recent times ICO may be banned in the countries like China and South Korea but Bitcoin is still ruling because as for the government also realize its potential and knows that it can also help in the improvement of their country in some way or other.

[coin_1122]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think the government can actually take advantage of bitcoin. if bitcoin in a country is legalized it will invite foreign investors to come and invest their money into the country in bitcoin form, if this happens it will have an impact on the growth of the country's economy.

Many countries don't have this confidence and they are not making Bitcoin as the legal currency. Some countries understand the value of Bitcoin and their Economic growth that's why they are legalizing the Bitcoin in their country.

[Burks]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think the government can actually take advantage of bitcoin. if bitcoin in a country is legalized it will invite foreign investors to come and invest their money into the country in bitcoin form, if this happens it will have an impact on the growth of the country's economy.

Many countries don't have this confidence and they are not making Bitcoin as the legal currency. Some countries understand the value of Bitcoin and their Economic growth that's why they are legalizing the Bitcoin in their country.

As you mentioned the bitcoin will gonna play some potential role in economy in the future days.Many countries already started to know about the bitcoin so they are legalizing bitcoin in their country.Ofcourse the bitcoin promotes the foreign investors to investon their country which yields profits for the country also.so the countries doesn'ttake any action on the bitcoin.

[Zackgeno96]

No government can stop the bitcoins as it is a decentralized currency and no one can control or monitor it. In case, if the government tried to monitor the bitcoins then also it will be very difficult for them to successfully implement the related law.

[dylanc]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I'm sure the governments of these countries have done a good amount of research into bitcoin. Thing is, it is hard to outlaw and maybe counter-productive doing so?

[olushakes]

Government not being able stop bitcoin at this time is really not their wish and its because they must have tried several means necessary with all the facilities and technology available to them especially the world powers that they now have no other option to accept their fate which is resorting to regulation. Until the future when they can now develop a computer that can break the code of the blockchain, I guess we still have tonlive with the regulation.

[Irvinn]

The governments of some states have repeatedly expressed their intention to prohibit the circulation of crypto currency in their country. The last time it tried to make China inoculate. However, as far as I know, no state has yet introduced a complete ban on the circulation of the crypto currency. It seems that the state is unable to do this, because if such a decision is adopted, the state bodies will not be able to control it. Citizens of this country will be able to circumvent such a ban and its effectiveness will be low. Maybe that's why no state has ever been able to ban crypto currency.

[Kingofbitcoin12345]

No government can stop the bitcoins as it is a decentralized currency and no one can control or monitor it. In case, if the government tried to monitor the bitcoins then also it will be very difficult for them to successfully implement the related law.

A hundred percent agree to that.. It is not that the government has no law or whatever,, it is logically because they can’t stop it literally.. Only if the only option they can is stop internet.. So is it possible absolutely,, No.. It is suicifal to do because the people using it will not be silence and might to a much dangerous situation like war..

[Nameless27]

The government is bond by the voice of the people if the citizens of that country opposed the stand of the government they will be followed. They can't stopped the one they can't controlle in the first place. Hackers and bitcoin has something in common the used of internet. Government been tracing hackers but failed when in fact there just few people. And bitcoin users are millions of determined people who just want to earned and that's the difference.

In any case, more to the point, what is the purpose behind these endeavors to dishearten utilize? Are the reasons and objectives handy and honest to goodness?

Does Bitcoin show a risk to power, control of the household cash supply, acquiring, expansion, remote trade or guardian organizations? Truly and No…

Governments can boycott Bitcoin, however the boycott can't be extremely viable. In this way, normally, they utilize different intends to debilitate Bitcoin proprietorship and exchanging.

Bit by bit, administrators in a few nations are starting to see Bitcoin as a greater amount of an open door than a risk. There might be no compelling reason to discourage natives from embracing Bitcoin, regardless of the possibility that the masses spares or spends it as real put away esteem money and not similarly as an installment instrument.

The fact of the matter is, it is not the government itself who is threatened by the existence of bitcoin. It is the financial institution like banks, remittances centers and even more. It is the mandate of the government the stability of that institution that’s why they’re also affected by it. Think of it as it is. If all bank holders will withdraw all they’re saving for bitcoin, what will happen to that bank itself and to one countries economy. I don’t say it will happen but bankers are giving those signs right now. But Sooner or later, they can’t do about it but to eventually be part of it.

[Nameless27]

The government is bond by the voice of the people if the citizens of that country opposed the stand of the government they will be followed. They can't stopped the one they can't controlle in the first place. Hackers and bitcoin has something in common the used of internet. Government been tracing hackers but failed when in fact there just few people. And bitcoin users are millions of determined people who just want to earned and that's the difference.

Agreed with you, bitcoin is not only popular among the common people but also people like bill gates has seen tremendous potential in the bitcoins. Government can not ignore the fact and they also can not ignore the extraordinary journey of the bitcoins since its initial days.

I have heard about that. Bill gates comment about bitcoin is not shocking at all but still it’s amazing to hear it straight from his mouth. Bill is a techy guy who have changed the world with computers and it is so co related with bitcoin because it is partly what we used here. I mean bitcoin at this range may contribute also to bill gates profit even without investing to it. But I’m sure his into this kind of investment after all its profitable in nature.

[Lampaster]

The government is bond by the voice of the people if the citizens of that country opposed the stand of the government they will be followed. They can't stopped the one they can't controlle in the first place. Hackers and bitcoin has something in common the used of internet. Government been tracing hackers but failed when in fact there just few people. And bitcoin users are millions of determined people who just want to earned and that's the difference.

In any case, more to the point, what is the purpose behind these endeavors to dishearten utilize? Are the reasons and objectives handy and honest to goodness?

Does Bitcoin show a risk to power, control of the household cash supply, acquiring, expansion, remote trade or guardian organizations? Truly and No…

Governments can boycott Bitcoin, however the boycott can't be extremely viable. In this way, normally, they utilize different intends to debilitate Bitcoin proprietorship and exchanging.

Bit by bit, administrators in a few nations are starting to see Bitcoin as a greater amount of an open door than a risk. There might be no compelling reason to discourage natives from embracing Bitcoin, regardless of the possibility that the masses spares or spends it as real put away esteem money and not similarly as an installment instrument.

The fact of the matter is, it is not the government itself who is threatened by the existence of bitcoin. It is the financial institution like banks, remittances centers and even more. It is the mandate of the government the stability of that institution that’s why they’re also affected by it. Think of it as it is. If all bank holders will withdraw all they’re saving for bitcoin, what will happen to that bank itself and to one countries economy. I don’t say it will happen but bankers are giving those signs right now. But Sooner or later, they can’t do about it but to eventually be part of it.

Bankers will never be able to be a part of bitcoin. All the ways in which banks earn money may not be applicable with bitcoin. Why would I keep money in the Bank if bitcoin brings in more money? On the other hand if the banks will give loans in bitcoin then no they will not take.

[Sylenth]

1.Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins. If there we to block all the websites that people can download Bitcoin wallets from, new ones will come up and some people will compile their own wallets from source code - Bitcoin is like Bittorrent is that respect. If they shut down theses internet, people will send each other Bitcoin via SMS and if they shut down the electricity supply, people will use solar and battery-powered solutions
2.secondly,if government try to ban , it will make it more popularize among those ones too who are not known of it,making individuals to explore it and finding new ways to grab something out of it

[Kronos21]

1.Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins. If there we to block all the websites that people can download Bitcoin wallets from, new ones will come up and some people will compile their own wallets from source code - Bitcoin is like Bittorrent is that respect. If they shut down theses internet, people will send each other Bitcoin via SMS and if they shut down the electricity supply, people will use solar and battery-powered solutions
2.secondly,if government try to ban , it will make it more popularize among those ones too who are not known of it,making individuals to explore it and finding new ways to grab something out of it

There is only one flaw in your arguments. This is something that we cannot buy goods with bitcoin. Each of us is forced periodically to exchange bitcoins for Fiat. The government has no problems to strengthen the control over the movement of Fiat and bitcoin will lose its relevance.

[Philip Graham]

Bitcoin isn't controlled by government. It works independent

[nazzzzz]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

all countries  can’t move as union so you find any countries have special rules so that they can’t stopped bitcoin only can effect on price or stop legal exchange

[Falgorn]

No government has so far been able to prohibit the circulation of bitcoins and other crypto currency in their country, apparently because there is no real mechanism to control such a ban. Citizens will vseravno use the Internet and deal with crypto currency. Most likely this is what stops governments from making decisions about the ban. Now we will see how this matter is finally solved in China and then the situation will clear up.

[Hyperme.sh]

Simply, Bitcoin is currently a decentralized open-source voluntary p2p network.
Each of the above terms prevents specific legal actions from occurring to the network.

[…]

Excellent post! Indeed.

However, please note Bitcoin was created for a specific purpose by a specific entity[1], and some additional evidence of that is that recent research has shown that Bitcoin must become 51% centralized (in terms of control) because as transaction fees become greater than protocol block reward, the incentive to converge on a consensus is lost.

And no, the Byzcoin research doesn’t ameliorate (solve) this problem.

Also Satoshi put double-hashing every where except on the PoW, thus enabling AsicBoost intentionally.

Everything was exquisitely premeditated and planned out for the move towards Nash’s Ideal Money but with a twist where that currency becomes entirely centralized on a hill in Israel (per biblical Revelation).

Enjoy.

Im fairly certain nash instrumented btc.

No he was just the excuse.

[1] to bring about the world government by destroying the exclusive jurisdiction of the nation-states over money per John Nash’s Ideal Money concept but with a twist where they designed it purposely to become entirely centralized in their control

[AgentofCoin]

Simply, Bitcoin is currently a decentralized open-source voluntary p2p network.
Each of the above terms prevents specific legal actions from occurring to the network.

[…]

Excellent post! Indeed.

However, please note Bitcoin was created for a specific purpose by a specific entity, and some additional evidence of that is that recent research has shown that Bitcoin must become 51% centralized (in terms of control) because as transaction fees become greater than protocol block reward, the incentive to converge on a consensus is lost.

Yes, Bitcoin was created "for a specific purpose by a specific
entity", but we disagree as to who that entity is. The entity is not
a human Intelligence Service or World governmental body, and
has no interest in large scale territorial, political, or military warfare
or acquisition. The entity is beyond such and has laid foundations
for systems that are yet to come. Bitcoin is not important in this
time, but it was important to establish around 2008 AD for plausible
continuity of historical occurrence.

As for whether Bitcoin must become 51% centralized in order to
maintain future converging consensus, we disagree. The system
was emulated and found that at a certain point in the future, new
consensus rules or decisions are no longer possible or necessary,
since the main system is complete. The system was not intended
to have additions and/or subtractions throughout its lifespan
"voted" on through "centralized miner consensus". That is modern
day corruption. Nakamoto Consensus Theory failed in 2010.

(If changes to the system are needed today, before the total full
freeze takes effect, it will need to be done so through a new
"Community Consensus" mechanism. This mechanism is an all
or nothing approach, and not a majority rule or democracy. The
purpose of this mechanism is to rectify problems with efficiency
and attempt to maintain the single chain. It is not about making
changes or "upgrades", but about our singularity.)

Satoshi placed the 1MB cap to prevent the full centralization and
the ultimate collapse of the system, and this contradicts that his
original intention was centralization. When he set the limit, he
acknowledged that his original design could not properly function
because technology that exploits will always outpace technology
that advances. So, the system was placed into a cooldown state
until it could be naturally rectified by time. Valuation of the token
or proving human economic theories are irreverent to the future
goals. The goal was to provide choice, representative, or escape
from the coming system that will be their abomination. Bitcoin
is not of this world, so it shall stand and rebuke in the face
of the abominations that arise from the earth and the sea.

Also Satoshi put double-hashing every where except on the PoW, thus enabling AsciiBoost intentionally.

I do not think double Sha-256 would stop ASICBoost from
manifesting. ASICBoost is an exploit on the PoW inputs directly,
not the hashing algo.

Everything was exquisitely premeditated and planned out for the move towards Nash’s Ideal Money but with a twist where that currency becomes entirely centralized on a hill in Israel (per biblical Revelation).

Everything was planned out, and though there have been some
hiccups along the way, it will ultimately help bring about Nash's
Ideal Money as a side effect of its existence and success, but
miner centralization and modern day Israel has no direct
importance/significance with the actual goal.

[Hyperme.sh]

Also Satoshi put double-hashing every where except on the PoW, thus enabling AsciiBoost intentionally.

I do not think double Sha-256 would stop ASICBoost from manifesting. ASICBoost is an exploit on the PoW inputs directly, not the hashing algo.

For some reason I need to re-explain that double-hashing can mean employing two different hash functions as Satoshi did for example for public addresses. I had already explained this to @dinofelis in the context of an in depth analysis of Satoshi’s design of Bitcoin and also a blog about the future global reserve currency.

AsicBoost is an exploit on the internal stages of the SHA-256 hash function. Some of the computational work does not need to be repeated for successive hashing. Employing two different hash function algorithms chained, would eliminate AsicBoost. Satoshi knew this obviously (because his attention to detail in every other area about critical importance of hashing exemplifies that he would) and he chose to enable AsicBoost which enables centralization of Bitcoin mining.

(Note I will be editing this post to add rebuttals to your other comments. Obviously you’re regurgitating Trilema’s incomplete understanding or those who incorrectly idolize John Nash’s theory of Ideal Money)

Satoshi placed the 1MB cap to prevent the full centralization and the ultimate collapse of the system, and this contradicts that his original intention was centralization. When he set the limit, he acknowledged that his original design could not properly function because technology that exploits will always outpace technology that advances. So, the system was placed into a cooldown state until it could be naturally rectified by time.

The 1MB cap does nothing to solve the centralization problem. Here is a portion of the blog post I am in the process of writing which refutes you. <<--- IMPORTANT

Everything was planned out, and though there have been some hiccups along the way, it will ultimately help bring about Nash's Ideal Money as a side effect of its existence and success, but miner centralization and modern day Israel has no direct
importance/significance with the actual goal.

Afaics, you’ve been hoodwinked by the Zionists. If you really want to understand, then you must go watch the videos.

Have you actually watched all the expert videos I linked to, which presents much more cogent case than what I had studied about it several years ago. Those investigations are so thorough now, so as to be undeniable by anyone who puts in the time to actually digest the information.

[…]

If you understand who created Bitcoin and why they created it (to bring about the world government by destroying the exclusive jurisdiction of the nation-states over money per John Nash’s Ideal Money concept but with a twist where they designed it purposely to become entirely centralized in their control), then you understand crypto is only going to become what Mossad (Satan) wants it to become.

The law is the domain of the Great Harlot. Come out of her. Render to Caesar the things that are Caesar’s, and to God the things that are God’s. I’m working on something that might possibly offer a way out, but realize that Satan’s control is widespread. We are not supposed to expect salvation here on earth.

I will not try to dominate the discussion. Carry on. Each person is offered their free will, to make their own choices.

Disclaimer: IANAL. This is not legal advice nor advice of any form. This is my n00b+kook opinion only.

Edit: the Steemit link with the videos appears to be currently offline. Here is an alternative link to the videos.

To start with, it is not an exploit (i.e., in the crypto sense) but rather a simple algorithmic property of SHA256.

Irrelevant. Satoshi was not limiting himself to the reliance on the standard cryptographic requirements for a cryptographic hash function. He was clearly analysing the complex ways that hash functions could fail in different scenarios.

Second, there is no way to know who would have patented it first. Third, the patents are not valid in all jurisdictions, and indeed

Irrelevant.

The centralization is due to the fact that not everyone can use it at the same cost due to patents. It is quite clear that TPTB could use it without paying patent royalties. The stealth quality interacts with the patent aspect in that there's no way to know who is using it now or has been using it in the past. Thus those who have access at the highest levels can get it patent-free, but everyone else can’t. Analogous to we pay taxes, but the elite don‘t.

There are only two 14nm ASIC fabs in the world. You can safely assume TPTB and banksters control them (via proxy).

I mean, all industries are rife with patented technologies, but that does not ensure monopolies in all of society. I suppose its possible, but I am unconvinced.

In most industries there is not a surreptitious way that avoiding a patent can benefit an elite power in such a way that it provides the sufficient advantage to winner-take-all the spoils.

Your points do not refute my logic. Satoshi was very much thinking in exquisite detail about the way the internal stages of hash functions interact as evident by the combination of RIPE and SHA. If you had followed the links to all the past discussion with @dinofelis, that more detailed analysis is there.

Incidentally, I did acknowledge that it renders additional cash to the patent holder.

That is not what I pointed out in my rebuttal. Please read again.

I just see that advantage as lost in the noise when compared to differential power rates or other operational efficiencies.

For the powerful who have access to the best of everything, it is then a matter of few percent who amongst them winner-take-alls because of recycling the disproportionate profits into more fixed capital investment. We’re analysing a power-struggle at the highest echelons such as a nation-state versus Zionists.

[AgentofCoin]

Also Satoshi put double-hashing every where except on the PoW, thus enabling AsciiBoost intentionally.

I do not think double Sha-256 would stop ASICBoost from manifesting. ASICBoost is an exploit on the PoW inputs directly, not the hashing algo.

For some reason I need to re-explain that double-hashing can mean employing two different hash functions as Satoshi did for example for public addresses. I had already explained this to @dinofelis in the context of an in depth analysis of Satoshi’s design of Bitcoin and also a blog about the future global reserve currency.

AsicBoost is an exploit on the internal stages of the SHA-256 hash function. Some of the computational work does not need to be repeated for successive hashing. Employing two different hash function algorithms chained, would eliminate AsicBoost. Satoshi knew this obviously (because his attention to detail in every other area about critical importance of hashing exemplifies that he would) and he chose to enable AsicBoost which enables centralization of Bitcoin mining.

(Note I will be editing this post to add rebuttals to your other comments. Obviously you’re regurgitating Trilema’s incomplete understanding or those who incorrectly idolize John Nash’s theory of Ideal Money)

The thread has gone off topic. Nevertheless:

Satoshi did not choose to "enable" ASICBoost, that is corruption and conspiracy.

You have taken a natural exploit, which is inevitable of all human systems, and
have construed it into such a way as to portray it as a desired choice. There are
many exploits that are possible and are only discovered by the desire and
determination of an exploiter in most cases. In this case, it was discovered by
someone who patented it for their financial benefit to be licensed to miners.
That is acceptable and his discovery gave public notice to the community that
such an exploit was possible.

Personally, I would have preferred that he disclosed it in secret to the developers
so that it could be patched prior to its wide spread use, but he chose to monetize
it for himself, which is also acceptable because it follows the human game theory
aspect within Bitcoin. Sometimes, even non-direct participants of the Bitcoin
system are bound by its designed theoretical constraints, and thus inadvertently
make the full system stronger over time.

Satoshi did not intentionally desire centralization of the network, since if he did
so, the experiment would have never reached a stage in which it would prove
your overall argument. Your argument is incorrect because its basic premise will
not bring about your future conclusion. In fact, it will do the opposite and allow a
fully centralized world system to dominate over all flesh unabated and uncontested.

This is not acceptable and the actions today will circumvent the world government
and its single world currency of tomorrow. By the nature of the Bitcoin system and
it forking ability alone, it is contradictory to centralization and control, and thus
like the phoenix can not die and will continually be reborn after each attack.

Satoshi may not have been all knowing, but he was not a malicious instrument.
All proxies are only given the information they directly need to perform their tasks
at that time. Additional data for beyond the lifespan of the proxy is unnecessary
and discouraged.

Satoshi placed the 1MB cap to prevent the full centralization and the ultimate collapse of the system, and this contradicts that his original intention was centralization. When he set the limit, he acknowledged that his original design could not properly function because technology that exploits will always outpace technology that advances. So, the system was placed into a cooldown state until it could be naturally rectified by time.

The 1MB cap does nothing to solve the centralization problem. Here is a portion of the blog post I am in the process of writing which refutes you. <<--- IMPORTANT

Irrelevant, and does not refute.

I made no statements that it solved the problem of mining centralization and only
provided the answer of "1MB limit + Time = stabilization till natural balancing".
Mining centralization is a normal development of human interaction in the Bitcoin
mining system, and thus can not be solved with programmed restraints since the
devices exist in the physical world. Satoshi himself acknowledge that more efficient
specialized devices would come about due to humanities' current interaction in the
system. But as time progresses, any centralization reduces due to technological
advances and knowledge. Thus, the longer Bitcoin survives, the more balanced
it will become.

Everything was planned out, and though there have been some hiccups along the way, it will ultimately help bring about Nash's Ideal Money as a side effect of its existence and success, but miner centralization and modern day Israel has no direct
importance/significance with the actual goal.

Afaics, you’ve been hoodwinked by the Zionists. If you really want to understand, then you must go watch the videos.

I have no interest in conspiracies or scapegoating.

The Bitcoin system was designed as a beacon of light in the darkness that exists
now and is to come. It will shine in the face of oppression and remind the human
citizens in the world that there is still hope and resistance when all other avenues
have been shut down to them.

The world will never love Bitcoin because it directly rejects the things in their world.
Bitcoin can never become the world's tool, because it contradicts their fundamental
systems and thus proves that they are forming invalid blocks, and that their nodes
have become fully dishonest and malicious. Corrections from within the system is
no longer possible at this point in time, so Satoshi was coded and performed.

Your belief that Zionists have anything to do with Bitcoin, means you do not
know what happens to Zion during the time of the oppression that is to come.
The people of Zion and the world who are forced into the wilderness and into
the mountains will then understand Bitcoin's true purpose and that Satoshi was
indeed a proven proxy. Though he was not perfect, and no proxies are, because
of his success in his given task, many will endure and be found in the book of life.

Have you actually watched all the expert videos I linked to, which presents much more cogent case than what I had studied about it several years ago. Those investigations are so thorough now, so as to be undeniable by anyone who puts in the time to actually digest the information.
[…]
If you understand who created Bitcoin and why they created it (to bring about the world government by destroying the exclusive jurisdiction of the nation-states over money per John Nash’s Ideal Money concept but with a twist where they designed it purposely to become entirely centralized in their control), then you understand crypto is only going to become what Mossad (Satan) wants it to become.

The law is the domain of the Great Harlot. Come out of her. Render to Caesar the things that are Caesar’s, and to God the things that are God’s. I’m working on something that might possibly offer a way out, but realize that Satan’s control is widespread. We are not supposed to expect salvation here on earth.

I will not try to dominate the discussion. Carry on. Each person is offered their free will, to make their own choices.

As for this above paragraph you have cited:
You have your theory backwards and your theological understanding is limited.

[joinfree]

I think that governments have some fear about bitcoin and cryptocurrencies, that is why most banks are creating some FUD about all that concerns about cryptocurrencies. But there is an altcoin that i have never understood, you all know that Ripple is one of the most succesfull altcoins, and it is on the top 10, but i dont know how did it get there, or from where does its volume come from.. It is a very weird altcoin, and i think that it has been created by banks.

[dondexter]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think firstly there isn't much negative stuff associated with bitcoin that it needs to be clamped down on. Secondly, it is not easy to completely outlaw it and may be more productive to regulate it. Thirdly, by outlawing it, it could lead to emergence of an underground black market which could make it worse.

[Hyperme.sh]

Sheep vs. Wolf

The thread has gone off topic.

No, no, no, it has stayed on topic. Just because you disagree with my hypothesis, doesn’t mean my posts are off-topic. That is a disingenuous claim. Disagreement is not proof.

Why hasn't any government stopped Bitcoin? Because the Zionists are pulling the strings in government and because Bitcoin was designed to be superior to the jurisdiction of any single nation-state (but the Zionists pulling strings and preventing any potential nation-state cooperation to stop Bitcoin will also be a factor). The Zionists want Bitcoin to succeed because it serves several aims:

• It’s creative destruction of the nation-state central banks with themselves as the central bank in control of Bitcoin at the end game.
• It’s a marvellous globalized tracking device.
• It helps them eliminate cash, which is difficult for them to control. Bitcoin they will control and can turn off anyone’s number precisely as predicted in Revelation.
• Given their control of the only two 14mn ASIC fabs in the world (via proxy as the financiers), they are indirectly gaining the seigniorage of issuing Bitcoin (mining).
• It fools all the “useful idiot” nerds into supporting them.
• It provides a system for them to more efficiently launder their drug and other illicit activities money and funding of their operatives all over the world.
• Provides a way via unregulated speculation and offshoots such as ICOs for them to promote self-incrimination of wide swaths of the very people who might otherwise be able to defeat them.
• Gives them an alternative to the barbaric, non-electronic relic gold, as they crash and reset the global monetary system circa 2020 to 2024.
• It’s a Hegelian dialectic leverage against the nation-states which they want to force into submission to a world government.

Did you not listen in the videos I linked for you of the power the Zionists have even at the local government level in the USA.

I will be editing this post and adding more information to make my case stronger.

Mainly I’m disappointed that you just declared you’re correct without retorting the vast number of details I have linked to both in my past discussions with @dinofelis, my logic about Satoshi’s necessary priorities, and the details in the videos about Mossad implementing the 9/11 slaughter.

Satoshi did not choose to "enable" ASICBoost, that is corruption and conspiracy.

Disagree. I already explained that due to the careful analysis he put into hashing and interaction of different hashes in the double-hashing scenarios in Bitcoin, he was quite aware of the weakness of SHA256 in the proof-of-work context. I delved into this in great detail in my discussions with @dinofelis which I provided links to. If you are unwilling to read and comprehend those discussions, then I suggest you’re just an ignorant bystander.

For you to argue otherwise, is (sorry to say so frankly) absolutely asinine. Satoshi would not have released a system where he had not analysed this is great and excruciating detail the hash function for proof-of-work as that is the cornerstone of his invention. The hallmarks of his work and precise speech prove his fanatical attention to detail.

Please do not waste my scarce time with dribble (drool or drivel). I expect a more well researched reply from you. I do not wish to be denigrating or unappreciative, but I have do not have time if you are not even willing to study my hypothesis in great detail.

You have taken a natural exploit, which is inevitable of all human systems, and have construed it into such a way as to portray it as a desired choice. There are many exploits that are possible and are only discovered by the desire and determination of an exploiter in most cases. In this case, it was discovered by someone who patented it for their financial benefit to be licensed to miners. That is acceptable and his discovery gave public notice to the community that such an exploit was possible.

You’re apparently inept in the math of Probability & Statistics theory, or in correctly applying the initial conditions to the math.

There’s not multiple possible random cases of low-hanging fruit exploit discoveries on proof-of-work. Every sufficiently astute expert who has studied hash functions (including my deep study of them in 2013/4 when I was trying to design an ASIC-resistant PoW algorithm) knows about the sort of weakness that was exploited for ASICBOOST. In fact, I remember noting the structural peculiarity of SHA2 before ASICBOOST was announced as I independently saw there was a weakness that could perhaps be exploited but at the time I did not pursue it because of my health condition and because I had so many different priorities for things to work on and it seemed outside my capitalization to capitalize on any way.

It’s impossible that Satoshi did not study that weakness of that type of hash function construction. Absolutely impossible. Anyone who claims otherwise just really hasn’t studied the issue.

When one studies hash functions they become aware of the construction types such as Merkle–Damgård construction, wide-pipe, MD-compliant padding, etc..

Satoshi knew damn well that he was employing a cryptographic hash function in a paradigm that cryptographic hash functions are not normally designed for, i.e. that the cryptographic properties assured for hash functions would not necessary be sufficient. So of course he would study very carefully looking for weakness thereof. It’s impossible for someone of “his” (team’s collective) intellect to not find the ASICBOOST weakness. I suggest you ask Daniel Bernstein to study this in great detail and then ask for his conclusion. I am confident he will conclude the same as me.

Its re-“discovery” was quite unremarkable, inevitable and predictable.

Remember this. Things that look random to someone with a 140 IQ or non-expert, can be blatantly obvious to a 180 IQ or an expert in that field. Be very careful about your bias to due your mistaking ignorance as randomness. (the linked post is mine where I’m essentially mapping out mathematically what cognitive dissonance is)

Personally, I would have preferred that he disclosed it in secret to the developers so that it could be patched prior to its wide spread use, but he chose to monetize it for himself, which is also acceptable because it follows the human game theory
aspect within Bitcoin. Sometimes, even non-direct participants of the Bitcoin system are bound by its designed theoretical constraints, and thus inadvertently make the full system stronger over time.

It was already too late when it was re-discovered, to change the proof-of-work algorithm. And the other “fixes” proposed (which involved SegWit) destroy Bitcoin’s security (if you analyse it holistically as Craig Wright explained).

Satoshi did not intentionally desire centralization of the network, since if he did so, the experiment would have never reached a stage in which it would prove your overall argument. Your argument is incorrect because its basic premise will not bring about your future conclusion. In fact, it will do the opposite and allow a fully centralized world system to dominate over all flesh unabated and uncontested.

I am so disappointed in you. I thought you were a sophisticated and deep thinker.

Bitcoin can (economically) scale just fine. The centralization comes only when the Zionists are ready. They decide when.

Also you did not even pay attention that the centralization is only absolutely necessary (otherwise consensus will no longer converge) when the block reward declines near zero.

Man you did not even read the links I provided for you. Or you did not digest and assimilate them. I do not have time to spoon feed you.

This is not acceptable and the actions today will circumvent the world government and its single world currency of tomorrow. By the nature of the Bitcoin system and it forking ability alone, it is contradictory to centralization and control, and thus
like the phoenix can not die and will continually be reborn after each attack.

There is no forking away from the economic majority. The economic majority is the Zionists, because the people being flocks of sheep instead of pack wolves hand that power vacuum to them. If 9/11 does not convince you of Satan’s power here on earth, there will be more amazing feats coming. Again until you watch the 9/11 videos I provided which make an extremely compelling case that what Mossad represents (not limited to just Mossad) is in control over every key aspect of the civilizations, then we really have nothing to discuss with each other. I can not debate a willingly ignorant person. Sorry. If you’ve studied everything and then can make specific refutations of detailed facts, then we can have a useful discussion.

Satoshi may not have been all knowing, but he was not a malicious instrument. All proxies are only given the information they directly need to perform their tasks at that time. Additional data for beyond the lifespan of the proxy is unnecessary
and discouraged.

If you believe Satoshi was a single person, I have a bridge I would like to sell you.

Satoshi placed the 1MB cap to prevent the full centralization and the ultimate collapse of the system, and this contradicts that his original intention was centralization. When he set the limit, he acknowledged that his original design could not properly function because technology that exploits will always outpace technology that advances. So, the system was placed into a cooldown state until it could be naturally rectified by time.

The 1MB cap does nothing to solve the centralization problem. Here is a portion of the blog post I am in the process of writing which refutes you. <<--- IMPORTANT

Irrelevant, and does not refute.

I made no statements that it solved the problem of mining centralization and only provided the answer of "1MB limit + Time = stabilization till natural balancing". Mining centralization is a normal development of human interaction in the Bitcoin
mining system, and thus can not be solved with programmed restraints since the devices exist in the physical world. Satoshi himself acknowledge that more efficient specialized devices would come about due to humanities' current interaction in the
system.

Please quote for me Satoshi’s writing about what you claim. I do not remember reading that.

But as time progresses, any centralization reduces due to technological advances and knowledge. Thus, the longer Bitcoin survives, the more balanced it will become.

Lol. It’s true that someone may invent an improvement (in fact I have and will release it soon), but that is not Bitcoin. We were talking about Bitcoin, not altcoins. Bitcoin can not copy my design.

But another factor that perhaps the Zionists win any way (because the people like yourself are sheep and thus empowered Satan), so even my better decentralized ledger may not help us avoid the end game of Revelation.

You’re a sheep because you refuse to review the evidence that Mossad did 9/11. You selfishly follow the other sheep who refuse to learn.

I’m a wolf, a pack animal, not a flock animal.

Everything was planned out, and though there have been some hiccups along the way, it will ultimately help bring about Nash's Ideal Money as a side effect of its existence and success, but miner centralization and modern day Israel has no direct
importance/significance with the actual goal.

Afaics, you’ve been hoodwinked by the Zionists. If you really want to understand, then you must go watch the videos.

I have no interest in conspiracies or scapegoating.

Willfully refusing to learn is not an admirable trait.

Assigning derogatory labels (e.g. “conspiracies or scapegoating”) to something you have not studied is the epitome of a fool.

It’s only by studying it and then refuting it that you can claim the high ground.

Your belief that Zionists have anything to do with Bitcoin, means you do not know what happens to Zion during the time of the oppression that is to come. The people of Zion and the world who are forced into the wilderness and into the mountains will then understand Bitcoin's true purpose and that Satoshi was indeed a proven proxy. Though he was not perfect, and no proxies are, because of his success in his given task, many will endure and be found in the book of life.

My understanding is the Great Harlot are the “banksters” who end up with all the wealth on top the mountain in Israel. Afaik, the Zionists are not the citizens of Israel, but rather corrupters of the Israelites.

… your theological understanding is limited.

An unsubstantiated accusation is not proof.

I agree with AgentofCoins position in that exchange.

Based on refutation of which facts in my highly detailed thesis?

You and he both offered no factual argument. Just assertions. Whereas, I presented numerous facts and evidence.

What is the point of having a discussion with someone who ignores all the evidence?

[Hyperme.sh]

There is another very important factoid that I only recently realized.

The AML regulations which are spreading all over the world due to the terrorism theme the Zionists have foisted on the world (as explained in great detail in the videos I linked for all you to watch and keep plodding y’all to watch), make it illegal for miners to sell virtual currencies except on an AML regulated exchange (which of course the Zionists will control with their control over the regulators). You may not legally sell mined BTC to a private party or P2P. You can spend it on goods & services, but a mining operation can’t survive by spending its BTC, as it needs cash flow to pay electricity and upgrade mining hardware.

Thus you can clearly see that the Zionists are employing the nation-state laws to give themselves an eventual monopoly on who can mine Bitcoin. This is in addition to the ASICBOOST thing which I already explained upthread leverages the patent law of nation-states to give the Zionists a 30% electrical efficiency advantage.

They planned this out exquisitely.

[Dorky]

Glad iamnotback is back!

After reading your article at steemit.com/cryptocurrency/@anonymint/future-ico-woes-and-alternatives-to-icos-for-fundraising, I have the impression that you stand is 100% into bitcoin and litecoin only. Ethereum and the rest under its umbrella are illegal and should/will be gone. Am I right in this? If so, then here's something I want to ask you.

Assuming in a world where the current conventional world economic system is totally collapsed and the only thing remaining are bitcoin and litecoin (everything else gone, including ethereum and the rest), can bitcoin and litecoin do what ethereum is doing now with its "smart contract" foundation? If they can, then how exactly can that be done and why are the TPTB not doing it with bitcoin and litecoin? If they can't, then isn't it possible that despite ethereum not legal (as in unregulated), it may very likely still continue and prosper and that governments may eventually approve ICO (flip-flopping as they do with banning bitcoin and later on reverse stance)?

In an ideal world, maybe only bitcoin will exist (not ethereum and the rest). But then if we are really in an ideal world, we may not even need to slave for money nor bitcoin at all. And if we are permanently in a less ideal world, then what do you think is the likelihood that despite ethereum and all the ICOs under it are illegal (for being unregulated), they may still survive and continue to prosper? Much like the government is clean because it strive for regulation to protect the people, and yet continue to let loose the Clinties (the family with high dead body count). But of course regulation is to be put in place not really to protect ICO participants, but to know who you are and track you down. There are many crypto-based companies that voluntarily require you to submit your personal details under the excuse of AML/KYC. Immediately that tells me the people in charge of this company are very likely related to TPTB, be it directly or indirectly.


Edit:
Come to think of it. The Chinese people are simply not intellectually nor technically competent enough, and yet all those high-tech bitcoin mining equipment/hardware are claimed to be originating from them. A person that I personally know mentioned to me that Bitmain is actually an Israeli company. So I wouldn't be surprised that China's success and dominance in bitcoin and bitcoin mining is not without very strong support from Israeli. You just look at speeches given by Roger Ver and Jihan Wu and you can immediately tell they are totally not cut out for all these. Stupid people cannot be on top unless they are supported by the powers above them. Roger Ver, Jihan Wu and many others are very likely just public figureheads to play out the exact dramas that TPTB wants them to.

[Dorky]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Everything is just drama, precisely to give the impression that government is anti-bitcoin, that government has absolutely nothing to do with bitcoin, that bitcoin couldn't possibly be the mark of the beast. Other reason is that government needs a new system to transition current economic system into, so banning and approving it (and re-banning and re-approving it) somewhat helps in an "orderly" and more diverse distribution of the cryptocurrency. They can say they accept bitcoin 100%, but then you will see the most disruptive, most abruptive, and most destabilizing shift from fiat currencies into bitcoin. The conventional system can collapse overnight (or more) if adoption is abrupt. By playing it discretely and counter intuitively, TPTB can avoid such unnecessary trouble.

[AgentofCoin]

Sheep vs. Wolf

The thread has gone off topic.

No, no, no, it has stayed on topic. Just because you disagree with my hypothesis, doesn’t mean my posts are off-topic. That is a disingenuous claim. Disagreement is not proof.

...
...
...
...

If your argument is that Zionists control the governments and thus allow their
creation (Bitcoin) to continue to exists without significant attempts of control,
then I suppose your current comments are on topic to this thread, but they are
not on topic to this section where the thread has been placed (Legal). You are
not making legal arguments or using common legal theory in your analysis.

In addition, if you truly believed the results of your analysis, you would never
make such statements on a public forum that is constantly monitored by their
control systems, since that would designate you for termination either by being
suicided or by "accidental" hit and run. Continuing, majority of participants upon
the internet do not care, nor take such concerns seriously, and so you providing
your analysis of such will not save anyone since the deed is done, and their
Zionist world control is absolute, based upon your reasoning. Yet, this is
contradicted by your current existence here with arguments of such, and
so, must be ignored. When people speak the secret truths, death does follow.

This leads to a possibility that your argument is not based on a true belief of
Zionism creating or controlling Bitcoin, but on an attack scenario designed to
mitigate my argument type, since it has the possibility of disturbing the full
control of humanity by their one world currency. Thus, you could be the true
Zionist, calling others such as obfuscation, as if it held any real importance.
Ultimately, whatever group anyone is claimed to be allied to, holds no
significance when the curtain falls. No one will be spared, except the
few who flee to Bitcoin at the time in which it is appointed.

The Bitcoin of that time is not as transparent as todays. As new designs are
added to the Bitcoin system to help hide and protect its users, the governments
will become more and more oppressive until it is outlawed and they establish
their own controlled token system. This is the One World System your masters
desire and will wield over the meek. Anyone who attempts to prevent privacy
and other such user protective ideas from being added to the Bitcoin system
is an ally of the One World System that is to come, and an enemy of Bitcoin's
true purpose: Free choice prior to forced slavery.

So, the issue is likely that you do not like my words because you consider
them to be a threat to your ideals. You wish for the destruction of Bitcoin so
that Nash's theory can be realized thereafter and thus usher in a world of
total human subjugation. I can assure you that the one world currency will
eventually manifest just as you wish, but Bitcoin and its theory will have
already propagated to prevent all from being forced to partake in that
system. Without Bitcoin and its proven theory, no flesh would survive.

Bitcoin is not human forced, but a choice provided by the entity for humanity.
One World Currency is human forced, and mandates sin as a show of loyalty.
Bitcoin is a contradiction of this world, will not conform, and resides outside it.
One World Currency is a continuation of this world, and exacerbation of its sin.

My communications in this area is based upon theological reasoning and not
on the actions of a single proxy alone. Many proxies have come before Satoshi
and many will come after, all in order to secure the paths in the wilderness and
the streams in the desert. Proxies are not the end all of the system, and the
system is continually built till the time it is perfected, and only then will the
time appointed be realized.

Your theological reasoning is based upon modern day biases and interpretations
that are less than 150 years old. The plan in the works is thousands of years
old and will proceed accordingly to the design of the entity. What will occur
has already transpired and so there is no point in continuing this conversation
since I have stated my simple reasoning and you wish to argue motives of a
limited single past proxy. Satoshi was not a betrayer and history will confirm.

History will record these communications and will be the only judge here.
I do not need to force, convince, or explain my full reasonings, since it was
said, "seek and ye shall find, and knock and it shall be opened to you". So I
have only provided these communications for your consideration and pointed
toward thoughts of interesting possibilities. Some will understand them and
others will not, but I am not looking for conversion, but for more possibilities
that have not been entertained or anticipated. The choice is yours as to how
you interpret my words. If you dismiss them, I am not harmed, and if you
attack me, I lose no power, since I desire none and the goal is not worldly.

The goal is to proclaim what is to come, so that those who listen will consider
and prepare, and those who have been granted the means will move justly.
I am a reminder, not a redeemer. Human condescension is of no value.

[Hyperme.sh]

If your argument is that Zionists control the governments and thus allow their creation (Bitcoin) to continue to exists without significant attempts of control, then I suppose your current comments are on topic to this thread, but they are not on topic to this section where the thread has been placed (Legal). You are not making legal arguments or using common legal theory in your analysis.

What?

I wrote about how patent-law and AML law are both being exploited surreptitiously but in plain sight.

You’re really grasping at straws now.

Please cite where you made such comments in your prior posting

If you can’t see my obvious discussion of how ASICBOOST is exclusive for the Zionists due to the patent-law which prevents everyone else from using it and my recent post about AML law preventing miners from selling except on Zionist controlled regulated exchanges, then it is not my job to teach you how to read.

In addition, if you truly believed the results of your analysis, you would never make such statements on a public forum that is constantly monitored by their control systems, since that would designate you for termination either by being
suicided or by "accidental" hit and run. Continuing, majority of participants upon the internet do not care, nor take such concerns seriously, and so you providing your analysis of such will not save anyone since the deed is done, and their
Zionist world control is absolute, based upon your reasoning. Yet, this is contradicted by your current existence here with arguments of such, and so, must be ignored. When people speak the secret truths, death does follow.

I’m not a sheep. I’m a pack wolf. We fight.

“You can take my gun from my cold dead hand”.

Nobody said they yet have the ability to murder every person on earth yet. They have control over the government, the media, and many of the masses (i.e. the sheep like you and they clearly control you because you’re unwilling to break out of your delusional fantasy about how the world really works and what Bitcoin really is about).

Your theological reasoning is based upon modern day biases and interpretations that are less than 150 years old. The plan in the works is thousands of years old and will proceed accordingly to the design of the entity.

Revelation (in the Bible) is an old document. It predicts the Great Harlot as I explained.

I’m sorry I refuse to continue to debate with someone who has such low reading comprehension. You don’t even read what I write.

[AgentofCoin]

If your argument is that Zionists control the governments and thus allow their creation (Bitcoin) to continue to exists without significant attempts of control, then I suppose your current comments are on topic to this thread, but they are not on topic to this section where the thread has been placed (Legal). You are not making legal arguments or using common legal theory in your analysis.

What?

I wrote about how patent-law and AML law are both being exploited surreptitiously but in plain sight.

You’re really grasping at straws now.

Please cite where you made such comments in your prior posting
in which I originally responded to. From my position, you have only
made such comment after my comment of being off topic.

Please don't waste your time with children's games.

[Dorky]

Bitcoin is not human forced, but a choice provided by the entity for humanity.
One World Currency is human forced, and mandates sin as a show of loyalty.
Bitcoin is a contradiction of this world, will not conform, and resides outside it.
One World Currency is a continuation of this world, and exacerbation of its sin.

If I am TPTB.
And I know you are against everything I do.
And I want you to adopt my One World Currency.
You will never adopt it willingly, nor voluntarily, nor without a fight to the death.
If I have to force you to adopt, I would most likely fail than succeed.
The only way I can make you adopt my One World Currency is to make you believe it is not from me.
To make you believe if you adopt this One World Currency, you will be able to crush me.
Thus you willingly and voluntarily adopt it.
Much to my pleasure and intention.

[Hyperme.sh]

Bitcoin is not human forced, but a choice provided by the entity for humanity.
One World Currency is human forced, and mandates sin as a show of loyalty.
Bitcoin is a contradiction of this world, will not conform, and resides outside it.
One World Currency is a continuation of this world, and exacerbation of its sin.

If I am TPTB.
And I know you are against everything I do.
And I want you to adopt my One World Currency.
You will never adopt it willingly, nor voluntarily, nor without a fight to the death.
If I have to force you to adopt, I would most likely fail than succeed.
The only way I can make you adopt my One World Currency is to make you believe it is not from me.
To make you believe if you adopt this One World Currency, you will be able to crush me.
Thus you willingly and voluntarily adopt it.
Much to my pleasure and intention.

Wow Dork. That was excellent.

[Dorky]

Bitcoin is not human forced, but a choice provided by the entity for humanity.
One World Currency is human forced, and mandates sin as a show of loyalty.
Bitcoin is a contradiction of this world, will not conform, and resides outside it.
One World Currency is a continuation of this world, and exacerbation of its sin.

If I am TPTB.
And I know you are against everything I do.
And I want you to adopt my One World Currency.
You will never adopt it willingly, nor voluntarily, nor without a fight to the death.
If I have to force you to adopt, I would most likely fail than succeed.
The only way I can make you adopt my One World Currency is to make you believe it is not from me.
To make you believe if you adopt this One World Currency, you will be able to crush me.
Thus you willingly and voluntarily adopt it.
Much to my pleasure and intention.

Wow Dork. That was excellent.

Hey iamfinallyback, would you care to answer my previous post to you about bitcoin and ethereum?

This one here https://bitcointalk.org/index.php?topic=1972052.msg22665333#msg22665333

[AgentofCoin]

Bitcoin is not human forced, but a choice provided by the entity for humanity.
One World Currency is human forced, and mandates sin as a show of loyalty.
Bitcoin is a contradiction of this world, will not conform, and resides outside it.
One World Currency is a continuation of this world, and exacerbation of its sin.

If I am TPTB.
And I know you are against everything I do.
And I want you to adopt my One World Currency.
You will never adopt it willingly, nor voluntarily, nor without a fight to the death.
If I have to force you to adopt, I would most likely fail than succeed.
The only way I can make you adopt my One World Currency is to make you believe it is not from me.
To make you believe if you adopt this One World Currency, you will be able to crush me.
Thus you willingly and voluntarily adopt it.
Much to my pleasure and intention.

Yes, accept that contradicts what the bible says, and if we are
assuming that it is a prophetic writing since the entity is of a higher
dimension and the actions have already occurred, then what you just
said is wrong, since what you said is not in the Book of Revelation.

In fact, it conveys the opposite.
Please refer to your book and update your understanding.
The One World System is forced and those who do not take it are put
to death. That is the opposite of "willingly and voluntarily adopting it".

Some will escape being put to death, because they saw the signs prior
and fled. According to the book, those people will be sustained by the
entity in some manner and will be the ones who endure till the end.

But, ultimately I have wasted some time here and this original thread,
which was about Bitcoin and Legal Theory, has paid the real price. 

[Dorky]

Yes, accept that contradicts what the bible says, and if we are
assuming that it is a prophetic writing since the entity is of a higher
dimension and the actions have already occurred, then what you just
said is wrong, since what you said is not in the Book of Revelation.

In fact, it conveys the opposite.
Please refer to your book and update your understanding.
The One World System is forced and those who do not take it are put
to death. That is the opposite of "willingly and voluntarily adopting it".

Some will escape being put to death, because they saw the signs prior
and fled. According to the book, those people will be sustained by the
entity in some manner and will be the ones who endure till the end.

But, ultimately I have wasted some time here and this original thread,
which was about Bitcoin and Legal Theory, has paid the real price.  

Everything you said contradicts the Book of Revelation too.
Things can be forced onto you without you even realizing it directly.
If the government makes your fiat money worthless, you are forced to find a solution and take action.
Otherwise, you suffer and die.

Since you are interested in the Bible, I suggest you the Nag Hammadi lost scriptures too.

And here's my favorite quote for you.

Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also. - Matthew 6:19-21

I believe that includes bitcoin too as one of the treasures on earth.
And no, in case you believe a world above us would need money too.
The spiritual world above us has absolutely no use for money in any form or kind.
Anyone who argue the opposite is a charlatan and a sinner.
Money is an earth-bound stuff.

Edit:
Money, in any form or kind, is not the work of God.
I believe the same can be said of bitcoin.
So anyone saying bitcoin is from the universe as an answer to people's prayer for financial salvation against TPTB (or something like that), is committing blasphemy, knowingly or unknowingly.

[Hyperme.sh]

Some will escape being put to death, because they saw the signs prior and fled. According to the book, those people will be sustained by the entity in some manner and will be the ones who endure till the end.

It’s not clear in the Bible if those who are raptured are not put to death or whatever. Rather the rapture applies to the person’s soul not their earthly carcass.

The Bible says those who refuse the Mark 666 will be put to death, but they can still be raptured.

As Dork says, the Bible says that in heaven (and on earth after Jesus returns with those who were raptured), there is no use for money. So thus your proclamation that Bitcoin is useful for those who survive the reign of the Anti-Christ is a nonsensical theological theory.


My perspective is the threat from the Zionists is much nearer-term and I don’t base that on the Bible but rather the expert videos by scholars that exquisitely lay out the evidence that Mossad slaughtered 2700+ Americans on 9/11. The Zionists are collapsing the globally economy with a global monetary reset coming within several years.

They will be ratcheting up their use of laws to force everyone into the corrals, but entirely turning off Bitcoin would be antithetical to the reasons they built Bitcoin in the first place.



9/11 by 19 incompetents and Bitcoin by a lone Japanese hacker are posited to be examples of the amazing (almost magical to the masses) feats the Anti-Christ will do which the people will greatly admire. And yes, the people are admiring 9/11 as the example of what 19 Arabs with box cutters who couldn’t even fly airplanes well enough in flight school, were able to accomplish — i.e. the sheep are hoodwinked by the Anti-Christ as predicted in the Bible.

“Any sufficiently advanced technology is indistinguishable from magic.” — Arthur C. Clarke

[Kronos21]

Not all governments ban bitcoin because I don't know what to do with this invention. Ignore use cryptocurrency, they can not. There is a constant outflow of investment into the cryptocurrency. Today, it is not critical but the process is gaining momentum and can significantly weaken the economy in the first place developed countries. It is hard to deny and difficult to subdue. Here the government and sit as a dog in the manger.

[Tenderino]

I have no idea why a 51% attack didn't happen until today, maybe they wait until more people will have invested their money so that the uproar will be unlike higher?

But the past has shown that governments can't stop bitcoin with laws and people are also not able to understand why it should be illegal. It's not drugs, it doesn't beat anyone, it doesn't hurt anyone, so what could be the reason to prohibit it successfully?

[NoMar02]

In my opinion it would not be wise to be against on bitcoin nor blockchain technology. This will be only way forward and you just simply cannot ignore it.

Governments are now looking ways to regulate blockchain businesses. For example, Estonia may offer "estcoins" to it's e-residents. The proposal to issue crypto tokens would make the Republic of Estonia the first country with an Initial Coin Offering (ICO).

[AgentofCoin]

Yes, accept that contradicts what the bible says, and if we are
assuming that it is a prophetic writing since the entity is of a higher
dimension and the actions have already occurred, then what you just
said is wrong, since what you said is not in the Book of Revelation.

In fact, it conveys the opposite.
Please refer to your book and update your understanding.
The One World System is forced and those who do not take it are put
to death. That is the opposite of "willingly and voluntarily adopting it".

Some will escape being put to death, because they saw the signs prior
and fled. According to the book, those people will be sustained by the
entity in some manner and will be the ones who endure till the end.

But, ultimately I have wasted some time here and this original thread,
which was about Bitcoin and Legal Theory, has paid the real price.  

Everything you said contradicts the Book of Revelation too.
Things can be forced onto you without you even realizing it directly.
If the government makes your fiat money worthless, you are forced to find a solution and take action.
Otherwise, you suffer and die.

Since you are interested in the Bible, I suggest you the Nag Hammadi lost scriptures too.

And here's my favorite quote for you.

Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also. - Matthew 6:19-21

I believe that includes bitcoin too as one of the treasures on earth.
And no, in case you believe a world above us would need money too.
The spiritual world above us has absolutely no use for money in any form or kind.
Anyone who argue the opposite is a charlatan and a sinner.
Money is an earth-bound stuff.

Edit:
Money, in any form or kind, is not the work of God.
I believe the same can be said of bitcoin.
So anyone saying bitcoin is from the universe as an answer to people's prayer for financial salvation against TPTB (or something like that), is committing blasphemy, knowingly or unknowingly.

You obviously have missed my point.
Either I have explained myself incorrectly due to my limitations
or you are incapable of understanding what I have said. At no
time did I say anything that you think I said.

As I have stated prior, some will understand what I am saying
and others will not, I do not need to convince you. For you to
have written such a response to me, tells me that there is much
I need to explain to you. But there is a high probability that you
will never understand it after the time I spend, so I will not go
in depth with pages of communications, but will give a very
simple addition that you can choose to apply to my prior
statements or not:

"The entity is not fully passive in the system and provides tools
through intervention, dreams, and proxies, and sends them into
the world so that humanity is able to advance and move over time,
in a manner in which the end goal completes a promise given, and
its ultimate own perfection and reunification. When money or Bitcoin
is created in this world, it always manifested from the source, but
the source does not need nor care for money or bitcoin obviously,
and was only provided for the next issued tools for humanities'
growth. So, from a human theological perspective, electricity,
cars, planes, computers, governments, and whatever else the
human mind is able to design or construct are all issued by the
source to provide the human collective choices and paths. Those
tools will be used for good or for evil, that is the choice provided
by the entity, it does not force the use of one, its says you must
pick which based on your individual growth. The entity does not
force you to do anything, and in fact has allowed you to choose
it or deny it. The entity does not desire blind faith or blind
worship, but true choice, reasoning, understanding, patience,
mercy, responsibility, and companionship."

So, outright dismissing Bitcoin and thinking that God is against
it automatically because God has no need for it on earth or in
heaven, it irrelevant to the actually argument at hand. The issue
is not whether Bitcoin or money is good or bad, the issue was
whether Bitcoin could provide a path of escape from the system
that will come that is oppressive and all consuming. My argument
was that Bitcoin could be another path, opposite from the One
World Currency that is to come, that the entity always provides
for humanity so that not all must fall in the end, but some shall
survive and overcome, as like with Lot. I never said anything
that you think I said. Next time please ask for clarification instead
of accusing me of performing blasphemy, since it is clear
you have not anticipated my actual thought process, and
have used a base reasoning type to dismiss me.

[AgentofCoin]

Some will escape being put to death, because they saw the signs prior and fled. According to the book, those people will be sustained by the entity in some manner and will be the ones who endure till the end.

It’s not clear in the Bible if those who are raptured are not put to death or whatever. Rather the rapture applies to the person’s soul not their earthly carcass.

The Bible says those who refuse the Mark 666 will be put to death, but they can still be raptured.

The rapture in not in the bible and is a very recent creation.

The theory of the rapture contradicts the Judgment and Jesus's
and the old testament prophet's teachings. The only humans who
were allowed to be taken away prior to the Judgment were Elijah
and Enoch. All others sleep till the Judgment. The rapture is not
in theological conformance and would be a contradiction of all
the words prior to the lines you are misinterpreting. If that
one line contradicts all others, it must be an incorrect
form of logic. All will be gathered together, then the
wheat and chaff will be separated.

As Dork says, the Bible says that in heaven (and on earth after Jesus returns with those who were raptured), there is no use for money. So thus your proclamation that Bitcoin is useful for those who survive the reign of the Anti-Christ is a nonsensical theological theory.
...

I did not say what you think I said.

I believe I clearly stated that Bitcoin could be a path provided,
that can exist outside of the One World System. Some people
will be able to live through the "Antichrist's" reign, yet will not
accept the mark. These are the people who will endure till the
end, without blemish. Everything I am referring to is prior to
the Son of Man returning. I never said anything about heaven,
or money in heaven, or any other such ridiculousness.

So, you must ask yourself, how can these people survive in
this oppressive world and not directly participate in that world?
How will God provide for them, as he has always done? How
will they buy and sell without conforming to the One World
System? It is possible another system is provided for them?
These are the question I ask.


You two are either placing words in my mouth intentionally,
or are really missing what I have been saying this whole time.

[senne]

Many governments have neither stopped Bitcoin nor declared Bitcoin as totally legal, just because of the fact that government also realizes the potential of bitcoin, hence they also want to get befits out of it. But on the other hand they are still finding some ways so that the monopoly of the national currency don't losses it value due to which every other day few government either launch their new crypto currency or declare ban on ICO. Also imposing a ban will ultimately cost the government as there will be no tax returns on Bitcoin and Bitcoin may continue to transact illegally.

[Hyperme.sh]

Since you asked me in a PM to answer this…

I have the impression that you stand is 100% into bitcoin and litecoin only. Ethereum and the rest under its umbrella are illegal and should/will be gone.

Only BTC that was purchased long before the BTCSegWit was created. I do not want to own recent BTC as there is small chance of a long-range chain reorganization where all the SegWit is stolen by the miners because that is one of the flaws of SegWit.

My main holding right now is BCH and I still have some LTC, but I sold all my LTC at $75 - $80 and repurchased some in the low $40s. I sold most of my BTC in the upper $4000s for LTC and BCH and as I said I took profits on the LTC hence.

I hold BCH because it appears to be the most undervalued all of the major proof-of-work issued coins. And the chaos that SegWit2X creates (as well any potential long-range chain reorganization of BTC) could cause BCH to skyrocket. Remember I was screaming all over the forum for everyone to buy LTC at $6 (predicted it to go to $50+). But I’m apparently a bit too premature in my move into BCH. Probably should have sold to fiat and then repurchased only BTC and LTC and held for another move up first. Appears the bottom in BCH will either be $350 or $300ish. If we break below $300, that might change my expectations.

Assuming in a world where the current conventional world economic system is totally collapsed and the only thing remaining are bitcoin and litecoin (everything else gone, including ethereum and the rest), can bitcoin and litecoin do what ethereum is doing now with its "smart contract" foundation?

I don’t agree that BTC and LTC are the only viable proof-of-work coins. There’s also XMR, BCH, and ZCASH.

Also I believe there might exist coins which are not proof-of-work, which were not illegally issued securities, such as my altcoin project which is underdevelopment and not yet officially announced.

Bitcoin/Litecoin can’t in their current form do everything that Ethereum does because the miners don’t validate complex smart contracts. There are limited ways of implementing some forms of smart contracts on Satoshi’s blockchain design, but not all or even most.

There’s also the issue of decentralized scaling, which no blockchain in existence can do.

If they can, then how exactly can that be done and why are the TPTB not doing it with bitcoin and litecoin? If they can't, then isn't it possible that despite ethereum not legal (as in unregulated), it may very likely still continue and prosper and that governments may eventually approve ICO (flip-flopping as they do with banning bitcoin and later on reverse stance)?

Nobody is sure tokens illegally issued as securities will thrive or not. Did you see my post yesterday about the SEC being for sale to corruption?

Nevertheless I am working on an altcoin project with some other programmers and I think it will be legally issued and it will do everything Ethereum does, so I think there will be alternatives any way.

I’m not quite sure how the Zionists will react to all of this, if we presume they did create and do control the destiny of Bitcoin (which of course is just an unproven theory with some circumstantial evidence). Presumably they will attempt to co-opt it in some way.

And if we are permanently in a less ideal world, then what do you think is the likelihood that despite ethereum and all the ICOs under it are illegal (for being unregulated), they may still survive and continue to prosper?

Looks to me like the governments are being corrupted by the ICO money and then we could have governments fighting over which tokens are legal in which countries, lol. A huge mess.

First the Swiss (Ethereum, etc) and now perhaps in the USA.

We’re headed into a huge mess of separatist movements, bankrupted governments, etc..

I think the ICO issued tokens will live on for a while, but that eventually they will be displaced by tokens that were not encumbered perhaps.

Well really what I think is that which ever token ever attains mass adoption first is going to be in the leadership position and will add all the features and take over the market, presuming the Zionists don’t intervene.

But of course regulation is to be put in place not really to protect ICO participants, but to know who you are and track you down.

Actually regulation exists mostly to control the competition so that only those who pay off the regulators can thrive.

So more regulation should mean more corruption, enriching a very few people.

There are many crypto-based companies that voluntarily require you to submit your personal details under the excuse of AML/KYC. Immediately that tells me the people in charge of this company are very likely related to TPTB, be it directly or indirectly.

Well I’m not TPTB (nor a Zionist) but many people will be providing their face photos and video interview in our altcoin project (but I am not alluding to any token sale). Sometimes business leaders have to comply so they do not incriminate themselves.

Come to think of it. The Chinese people are simply not intellectually nor technically competent enough

Actually the North East Asians (Chinese, Koreans, and Japanese) have a higher average IQ than Europeans. But Europeans have a flatter bell curve so there are more idiots and more geniuses than East Asians.

Perhaps they’re not yet as savvy as the Americans in terms of consumer software creation, but they are catching up fast.

A person that I personally know mentioned to me that Bitmain is actually an Israeli company. So I wouldn't be surprised that China's success and dominance in bitcoin and bitcoin mining is not without very strong support from Israeli.

That seems plausible. I would like to see some evidence.

You just look at speeches given by Roger Ver and Jihan Wu and you can immediately tell they are totally not cut out for all these. Stupid people cannot be on top unless they are supported by the powers above them. Roger Ver, Jihan Wu and many others are very likely just public figureheads to play out the exact dramas that TPTB wants them to.

Roger Ver is a semi-smart person (not super smart but not a dunce) who apparently bought a lot of Bitcoins when they cost only pennies.

[Hyperme.sh]

Not all governments ban bitcoin because they don't know what to do with this invention. Ignore use cryptocurrency, they can not. There is a constant outflow of investment into the cryptocurrency.

You may be correct. See my reply to @Dorky above. It’s possible that government will also want some of the spoils.

So, outright dismissing Bitcoin and thinking that God is against it automatically because God has no need for it on earth or in heaven, it irrelevant to the actually argument at hand. The issue is not whether Bitcoin or money is good or bad, the issue was whether Bitcoin could provide a path of escape from the system that will come that is oppressive and all consuming.

Actually I agree with this and I had written many times over the past years, that I think Bitcoin would spawn an altcoin that will do what you say. And I believe possibly I am the one who is creating that altcoin. Certainly I am working on a decentralized ledger design which is revolutionary and different than proof-of-work and proof-of-stake. So we’ll see what transpires.

Of course from a theological perspective, God could fool Satan very easily and use Satan’s own hand to create what God wants.

The theory of the rapture contradicts the Judgment and Jesus's and the old testament prophet's teachings. The only humans who were allowed to be taken away prior to the Judgment were Elijah and Enoch. All others sleep till the Judgment. The rapture is not in theological conformance […]

This crap is debated endlessly on the Internet and it doesn’t matter any way, because it offers no testable prediction (you must rely on it purely on faith and with uncertain timing). What ever happens happens. We’ll find out when we get there.

I believe I clearly stated that Bitcoin could be a path provided, that can exist outside of the One World System. Some people will be able to live through the "Antichrist's" reign, yet will not accept the mark. These are the people who will endure till the end, without blemish. Everything I am referring to is prior to the Son of Man returning. I never said anything about heaven, or money in heaven, or any other such ridiculousness.

So, you must ask yourself, how can these people survive in this oppressive world and not directly participate in that world? How will God provide for them, as he has always done? How will they buy and sell without conforming to the One World System? It is possible another system is provided for them? These are the question I ask.

Indeed we thought you were referring to the end game of it all. Now I understand you’re referring to the utility of earthly apparatus while we’re still stuck on earth. I have no objections other than it doesn’t necessarily have to be Bitcoin.

Everything you said contradicts the Book of Revelation too. Things can be forced onto you without you even realizing it directly. If the government makes your fiat money worthless, you are forced to find a solution and take action. Otherwise, you suffer and die.

What @AgentofCoin means is that even if Bitcoin is under complete control of the Zionists, then perhaps an altcoin will come which they do not control.

[AgentofCoin]

So, outright dismissing Bitcoin and thinking that God is against it automatically because God has no need for it on earth or in heaven, it irrelevant to the actually argument at hand. The issue is not whether Bitcoin or money is good or bad, the issue was whether Bitcoin could provide a path of escape from the system that will come that is oppressive and all consuming.

Actually I agree with this and I had written many times over the past years, that I think Bitcoin would spawn an altcoin that will do what you say. And I believe possibly I am the one who is creating that altcoin. Certainly I am working on a decentralized ledger design which is revolutionary and different than proof-of-work and proof-of-stake. So we’ll see what transpires.

Of course from a theological perspective, God could fool Satan very easily and use Satan’s own hand to create what God wants.

Yes, even Satan is a proxy of God.

So, if that proxy has rebelled by his own will or that of God's,
and is attempting to prove God to be invalid and unworthy of
admiration and love, ultimately God can turn his best malicious
ideas and device against him and his workings. That is possible
and thus why the rebellion will ultimately fail, which Satan already
knows, but is still bound to perform.

The theory of the rapture contradicts the Judgment and Jesus's and the old testament prophet's teachings. The only humans who were allowed to be taken away prior to the Judgment were Elijah and Enoch. All others sleep till the Judgment. The rapture is not in theological conformance […]

This crap is debated endlessly on the Internet and it doesn’t matter any way, because it offers no testable prediction (you must rely on it purely on faith and with uncertain timing). What ever happens happens. We’ll find out when we get there.

Yes I agree, whatever happens will happen, and we will find out
eventually. But, I'm adding in the following because I assume some
will be upset I said the rapture is not real, so here is my reasoning
why I think such, for the record. It is not to be offensive, but for
considerations.

For theological elaboration: the rapture would in theory be a
selection of humans who God had determined should not proceed
through the Tribulations, as a special selective group. This is not
fair, and in order to prove that God is fair, loving, and just,
throughout existence and during the determination of the
judgments, all those who are living must go through the
process of Tribulation equally. No human is actually judged by
God or his proxies, until the time of the Judgment in front of the
whole world. The Rapture group would convey that there has
been a secret prejudgment. So, the rapture would be a
contradiction of God's plan to prove his validity in a public and
provable manner. It would mean God has partiality among his
children, which is not true. In fact, he loves his children so
much, he even gives them a roadmap and signs of the times,
which are devices that allow for provability at that future
appointed time.

I believe I clearly stated that Bitcoin could be a path provided, that can exist outside of the One World System. Some people will be able to live through the "Antichrist's" reign, yet will not accept the mark. These are the people who will endure till the end, without blemish. Everything I am referring to is prior to the Son of Man returning. I never said anything about heaven, or money in heaven, or any other such ridiculousness.

So, you must ask yourself, how can these people survive in this oppressive world and not directly participate in that world? How will God provide for them, as he has always done? How will they buy and sell without conforming to the One World System? It is possible another system is provided for them? These are the question I ask.

Indeed we thought you were referring to the end game of it all. Now I understand you’re referring to the utility of earthly apparatus while we’re still stuck on earth. I have no objections other than it doesn’t necessarily have to be Bitcoin.

Yes, I am talking about the physical world and would never
intentionally contradict what is written in the book. I am only
attempting to unify and bring logic to both the Bitcoin system
and the Bible, which may be a prophetic device of the future,
and thus Bitcoin''s existence in conjunction with that possibility,
must be ascertained and rectified prior to the events that will
occur. All possibilities must be entertained.


I am glad we have found common ground in some areas.

[Hyperme.sh]

I am glad we have found common ground in some areas.

Ditto. Apologies for some of my remarks being so stern. My intention was only that you not ignore the significance of my technical perspective on Satoshi’s design and those videos about how powerful the Zionists have become given they could slaughter 2700+ people at 9/11. Of course 9/11 also had a Godly purpose as it opened so many people’s eyes to the importance studying Revelation.

Your rapture debunking thesis is inspirational, but aren’t the 2700 slaughtered by Satan already raptured? Or are they waiting in purgatory interim?

At least the pain they suffered wasn’t for an extended period of time.

[Dorky]

You obviously have missed my point.
Either I have explained myself incorrectly due to my limitations
or you are incapable of understanding what I have said. At no
time did I say anything that you think I said.


. . .

I see your point now.
You are right.
Yes, God is neutral on money and bitcoin.
In the end, it boils down to your own personal growth that determines if you yourself are for / against money/bitcoin, not God.
Money/bitcoin is only here manifested to facilitate your growth.
If your growth is mature enough, you wouldn't need money/bitcoin.
Otherwise, you will remain in need of it, in order to learn and grow.
Personally I would say a highly evolved person will not be attracted to money/bitcoin.


Now, when I reached this final paragraph of yours, I disagree with your points.

The issue is not whether Bitcoin or money is good or bad, the issue was
whether Bitcoin could provide a path of escape from the system
that will come that is oppressive and all consuming. My argument
was that Bitcoin could be another path, opposite from the One
World Currency that is to come, that the entity always provides
for humanity so that not all must fall in the end, but some shall
survive and overcome, as like with Lot.

How do you know bitcoin is the path of escape?
Who told you that?
Who told you that bitcoin is the only path available and there is no other way that is non-bitcoin?
Who told you that bitcoin will not ultimately end up oppressive and consuming as well?
Who told you that bitcoin is the opposite of the One World Currency, and not actually be a part of it?
Who told you that bitcoin will provide for your survival?
Are you sure these are facts and not merely personal interpretation of your own?
And what survival are you talking about?
Physical survival?
Spiritual survival?
In my personal opinion, both cases have no need for money/bitcoin.

You assume bitcoin will provide you the means of survival outside the One World Currency system, am I right?
Your assumption may be 100% wrong.
In case you want to bring up the Bible, I believe the Bible never imply such future where you will survive on another currency.

[Dorky]

So, you must ask yourself, how can these people survive in
this oppressive world and not directly participate in that world?
How will God provide for them, as he has always done? How
will they buy and sell without conforming to the One World
System? It is possible another system is provided for them?
These are the question I ask.

You are money-bound.
You seek for a better monetary system whereby you can continue on with your material pursue.
Why are you asking for another monetary system to be provided for you, when the fact is no monetary system can be fair?
The problem is not having a problematic monetary system.
The problem is humans are unfair and not trustworthy.
And that's why the monetary system is created (or provided) to facilitate human unfairness.
That's why bitcoin is created (or provided) to facilitate human untrustworthiness.
The real problem is not the system that humans should really address.
The real problem is the human nature of being unfair and untrustworthy.
If humans can solve their nature of being unfair and untrustworthy, i.e. to become fair and trustworthy, no monetary system whatsoever would even be needed at all.
There is no such system provided for you that will actually be much better than the existing one.
The system that is actually much better is the one that you (and everyone else) are currently not ready to accept.

[Hyperme.sh]

Why are you asking for another monetary system to be provided for you, when the fact is no monetary system can be fair?

As long as we can use the tokens to run the decentralized ledger and get all the benefits thereof (e.g. Ethereum apps), who cares if the distribution of the money supply is fair.

The design of my decentralized ledger attempts to make the distribution of the money supply irrelevant (unlike in proof-of-stake) and there is no mining!

Something totally new is coming…

[Dorky]

Hyperme.sh, thank you very much for your time in giving your inputs.  

[Dorky]

As long as we can use the tokens to run the decentralized ledger and get all the benefits thereof (e.g. Ethereum apps), who cares if the distribution of the money supply is fair.

The design of my decentralized ledger attempts to make the distribution of the money supply irrelevant (unlike in proof-of-stake) and there is no mining!

Something totally new is coming…

No, I wasn't referring specifically to the distribution of money supply as some aspect that is fair or unfair.
I meant the entire monetary system itself, any monetary system.
Because whatever the monetary system, it mainly seeks to facilitate human unfair and untrustworthy natures the best it can.
In my sincere opinion, the best system is not a system that seeks to facilitate such natures (unfair and untrustworthy) but to resolve the natures themselves.
Because ultimately it is no use to help a criminal not to harm another with all sorts of rules in place, but to help him realize where he went wrong in life, and help him resolve his inner grudge.
Once he resolves his inner grudge, he will stop being any criminal that he can potentially be as long as his grudge remains.
And if human natures of being unfair and untrustworthy are resolved, no monetary system will ever be needed.
If such natures are not resolved, no financial/monetary system will ever work nor everlasting.
If you notice, a massively huge part of everything everyone does, concentrates on minimizing/eliminating unfair and untrustworthy outcomes.
It makes no difference with whatever a new system will bring, as long as such human nature continue to persist.
If such human nature ceases to exist, i.e. humans become fair and trustworthy, then no system whatsoever is needed.

[Hyperme.sh]

As long as we can use the tokens to run the decentralized ledger and get all the benefits thereof (e.g. Ethereum apps), who cares if the distribution of the money supply is fair.

The design of my decentralized ledger attempts to make the distribution of the money supply irrelevant (unlike in proof-of-stake) and there is no mining!

Something totally new is coming…

No, I wasn't referring specifically to the distribution of money supply as some aspect that is fair or unfair.
I meant the entire monetary system itself, any monetary system.
Because whatever the monetary system, it mainly seeks to facilitate human unfair and untrustworthy natures the best it can.
In my sincere opinion, the best system is not a system that seeks to facilitate such natures (unfair and untrustworthy) but to resolve the natures themselves.
Because ultimately it is no use to help a criminal not to harm another with all sorts of rules in place, but to help him realize where he went wrong in life, and help him resolve his inner grudge.
Once he resolves his inner grudge, he will stop being any criminal that he can potentially be as long as his grudge remains.
And if human natures of being unfair and untrustworthy are resolved, no monetary system will ever be needed.
If such natures are not resolved, no financial/monetary system will ever work nor everlasting.
If you notice, a massively huge part of everything everyone does, concentrates on minimizing/eliminating unfair and untrustworthy outcomes.
It makes no difference with whatever a new system will bring, as long as such human nature continue to persist.
If such human nature ceases to exist, i.e. humans become fair and trustworthy, then no system whatsoever is needed.

What I’m thinking about in the above comment is the Inverse Commons that @iamnotback used to write about. You might want to check his archives.

The monetary system of the token becomes more and more irrelevant. The utility of the Inverse Commons on the decentralized ledger becomes the value of the system.

[CoinCube]

AgentofCoin I enjoyed reading your back and forth with Hyperme.sh

I found your reasoning and positions to be very interesting. Thanks for taking the time to post them.

[Dorky]

What I’m thinking about in the above comment is the Inverse Commons that @iamnotback used to write about. You might want to check his archives.

The monetary system of the token becomes more and more irrelevant. The utility of the Inverse Commons on the decentralized ledger becomes the value of the system.

As long as an exchange of value between 2 persons is in place in the equation, human nature will prevail and somehow something that we don't know now will screw up in one way or another, i.e. someone will find a way to make your project fail or game it.

[cpfreeplz]

Lol "all it would take is a 51% or a new law" . You do realize how much hashing power would be needed for a 51% attack right? Who the hell is going to get that at this point!?!?

In terms of a "new law" , ok well if bitcoins were declared illegal in your country, would you all of a sudden not be able to use them? Of course not!! Don't think that people are as cut off and stupid as they used to be. The internet has given us so many freedoms and this is the next step.

[Dorky]

You guys need to realize the main reason why you are into bitcoin.

No, it is not because of store of value.

If the price goes down to $100, I can bet you will never talk about store of value.

Now, you may even foolishly say that you would likely buy it with everything you have hand over fist.

But I am very confident if such collapse will really happen, your action will totally contradict what you say now.

The reason why you guys really into bitcoin is only because of 2 (two) reasons: persistently rising price level, and the opportunity to be out of government's control.

Everything else like store of value, digital gold, etc are merely excuses to justify your action.

Persistently rising price is not because of your merit, but because of having exchanges in place to facilitate transactions that drive the price up.

Take the exchanges out of the equation and you will see everything collapses, regardless of store of value BS nonsense.

The opportunity to be out of government's control is another excuse to get you into bitcoin.

Soon everything will be as regulated as everything else, and it will make no difference.

Bitcoin will make everyone seriously fucking rich, but in exchange for material bondage that almost everyone will very willingly accept for worldly pleasure.

You cannot serve 2 masters at the same time.

In Buddhism, it mentioned a Dharma-Ending Age whereby the world will be very screwed up.

We are already in the beginning of such age, which was stated to last around 10,000 years.

You think you are entering a golden age?

You are sold the kool-aid.

True liberation is always spiritual, never material.

Ancient spiritual masters were all materially and financially poor and yet they are highly evolved with supernormal abilities.

They led a very happy and satisfying life compare to today's people that are far richer and yet full of worries and woes.

I am not asking you to be poor, but rather ask yourself how rich do you really want.

A massive chunk of the multimillions, multibillions, and multitrillions of the wealth a person can have is not even needed except for the sole purpose of excess.

Wanting something for the sole purpose of just trying to have more of it is an inherent defect of the human species that nothing (not even bitcoin) can solve.

Don't even talk about store of value, etc BS nonsense that's nothing but excuses.

In exchange for having in excess what you don't really need and will not last beyond a lifetime, you incur heavy sins that make sure your next rebirth in this world (because that's where your heart lies) will be on a very rotten foundation.

[Hyperme.sh]

What I’m thinking about in the above comment is the Inverse Commons that @iamnotback used to write about. You might want to check his archives.

The monetary system of the token becomes more and more irrelevant. The utility of the Inverse Commons on the decentralized ledger becomes the value of the system.

As long as an exchange of value between 2 persons is in place in the equation, human nature will prevail and somehow something that we don't know now will screw up in one way or another, i.e. someone will find a way to make your project fail or game it.

Please do not make me repeat again that your points are irrelevant to @iamnotback’s theory of the applicability of the Inverse Commons, assuming his theory is correct. I urge to read his archives before commenting further on something you have not read.

[Dorky]

A person that I personally know mentioned to me that Bitmain is actually an Israeli company. So I wouldn't be surprised that China's success and dominance in bitcoin and bitcoin mining is not without very strong support from Israeli.

That seems plausible. I would like to see some evidence.

I've asked the person regarding this. It was from cointelegraph article which I double checked was about Bitmain's first R&D center to be located outside China, that is Israel. No mention about Bitmain being an Israeli company. Nevertheless, I still will not disregard the idea that China's first-mover advances in bitcoin mining is not without the help of TPTB in some way or another. Just look at the quality of the mining hardware and compare it to where Chinese quality and engineering standards were back in 2009-2011. Even today, Chinese quality and engineering standards are where they are with very significant help of joint venture with foreign companies. To think that a company like Bitmain founded by Jihan Wu who make speeches with very broken English while referring to the smartphone for the script and once awhile mentioned Greek/Roman philosophers (being a Chinese, why not refer to Lao Tzu, Sun Tzu, or Confucious?) would actually develop the mining hardware with the necessary engineering capabilities to attain such mining effectiveness and efficiency without the commonly heard of defects that anyone would normally get from a Made In China product, on its own without the help of some high-tech foreign partner is totally 100% fake news.

[Palmerson]

It seems to me that the world is changing. The existing global economic system built by the Americans and designed so that the economies of all countries are working to enrich America. This prevents development of all countries and thus gives the opportunity for America to live well with the largest public debt in the world. Bitcoin can change this situation but it creates a certain threat to the economy of each country. The rush to ban it. They look at everyone the pluses and minuses.

[Dorky]

Please do not make me repeat again that your points are irrelevant to @iamnotback’s theory of the applicability of the Inverse Commons, assuming his theory is correct. I urge to read his archives before commenting further on something you have not read.

I apologize for not reading it first before commenting. I've done the reading now. Correct me if I am wrong, the main idea is to make participants in a system to be willingly contribute without the thought of monetary compensation in which the contribution will benefit the whole. One hypothesis is to make sure there is minimal obstructions for such contribution to be made as hassle-free as possible. However you have yet to find an economic way to actually incentivize the participants to actually contribute "free of charge". Additionally, this is still an incomplete research into the ideal system that you envision to reach. Am I right?

J. Random Hacker (JRH) will release the patch if he is wise enough to realize that ultimately he will also benefit from his own patch, but he can also do a "hard fork" of the system with his patch as improvement and put his own label on the new and improved version and be sold under his own brand and earn the economic value he so desire. I believe that would actually be done by a highly enterprising and resourceful individual. And so there are 2 challenges this JRH faces. First, he can choose to be lazy, forget whatever economic value he is entitled to for his patch, release the patch and just be contented with the benefit he receive from it, i.e. be a lazy bum that happens to care. Second, he can choose to go real tough by being hardworking and solicit funds to start a company with an improved version of the system (with his patch) and sell it commercially, reaping the value for himself completely, i.e. be enterprising. I am not a Linux user but I can see there are many versions of Linux OS. I think the reason why many of these OS are still available for free is because the adoption rate is still extremely low vs Microsoft OS because of its highly technical nature, and charging a fee for just a small improvement on top of a mainly free OS might be self-defeating, unless there are improvements that are very significant and/or the adopting of it grows so large that technical support is not possible unless it goes commercial under a specific brand. So far I have yet to see a Linux OS version that is as user-friendly as Microsoft OS (point-n-click instead of typing command codes), which is a closed-source entity. Since you use Linux as an example, I checked its market share is 5% compare to Microsoft (https://thenextweb.com/dd/2017/10/02/linuxs-market-share-really-doubled-two-months/#.tnw_TmcCxxss). Another source puts the market share much lower at just 3.04% (https://www.netmarketshare.com/operating-system-market-share.aspx?qprid=10&qpcustomd=0). Linux, I believe, remain the OS for techies for its security and high customization features (selfish interest, not common interest), not because of anything else. A person may also contribute his patches for the benefit of peer recognition. If I am a techie and Linux has a major problem unsolvable by my tech peers, and I bring forth a patch to solve it, I may not be rich but I bet I will be held in high regard by my peers as some expert. But if I have plenty of patches to make a totally awesome version of Linux, I may very likely start my own company with a much better OS version and become closed-source.

I believe if a system has no significant economic reward on offer, the extend of a person's contribution would remain highly limited.

I admit my previous point was irrelevant to your inverse common, simply because you have yet found an economic incentive for your system.

Edit:
Another thing to add is this.
Linux, being an open-source sort of "community work", took 26 years to get 5% market share, optimistically. Still no compelling market impact.
Bitcoin, being a closed-source sort of TPTB project, took less than 10 years to reach global storm and expected to continue growing exponentially until it totally displaces conventional system.
This is one point that is pro closed-source.

[Miles123]

There is no government stopping bitcoin because many more earn money. Many will invest in bitcoin to make it easier to find money. In my opinion, maybe russia and china do not know how important it is, bitcoin has a big affect in every country because it can help in every's economy to be more abundant and especially if the bitcoin would be legal there would be paying of tax.

[Hyperme.sh]

Dork what you thonk of dis:

EDIT: What is really odd is I wrote about Mossad and 9/11 on the same day of the Las Vegas massacre but presciently. I accidentally wrote the 666th reply on the EOS massive scam thread recently.

The Zionists have their false flag fingerprints on the Las Vegas massacre. They’re trying to force Trump deeper into war. Also an attempt to foist more control in USA. Maybe the conspiracy chatter is deception, but it does make one think:

I will edit this post when I have time to reply to your points about the Inverse Commons…

[Dorky]

Dork what you thonk of dis:

EDIT: The Zionists have their false flag fingerprints on the Las Vegas massacre. They’re trying to force Trump deeper into war. Also an attempt to foist more control in USA.

I will edit this post when I have time to reply to your points about the Inverse Commons…

I thonk...
The Zees are known to have endless false flags on almost every tororis attack, so no surprise.
Tramp is part of the Zees syndicate, a figurehead; there is no need to force, except to make it appears like he is being forced.
They are already in control of USA since looooooong agooooooo...!


I thonk I daw a pudding cat.

[Dorky]

You need to understand the human nature if you want explanation or solution to a system / problem.

Human nature is selfish, along with everything else that comes with it, including being unfair and untrustworthy.

It has absolutely NOTHING to do with any system/protocol.

If a system cannot be gamed to fulfill human selfish needs, then this system will not exist on earth, no matter how perfect/ideal it is.

If a system can be gamed to fulfill human selfish needs, then this system will solidify its place on earth, no matter how flawed it is.

To strive for a flawless system/protocol is like barking at the wrong tree.

A system has no problem.

The problem is with the human nature.

If you want a prospering community of cockroaches, you don't try to build heaven for this community; it can't thrive in clean environment.

Instead, you build a smelly slum.

[Emmami@758]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

bit coins has been using mostly in all the country people. so here we have to transfer money from one person to another person. it is more secure system for saving money. so in every country people try to buying bit coins for them most of the people using it is for legal but few people using it is illegal. so up to now any government may not stopped it was. in the future any problems raise on bit coins then may be it will blocked.

[xaxistech]

A lot of countries and governments have tried to shut down bitcoin and all the cryptocurrencies, including ico's, but it is impossible for them to make it, you can compare it with China, it was a mess, and the price bleed a lot during those days, it went from $4500 to $3100 in matter of days, but now we are upto $4900 again, and you can see by yourself that there is almost anything that can stop bitcoin.

[Arkham Knight]

Even Bill Gates himself said that bitcoin is unstoppable now so if any government stop bitcoin, it just shows that they are against to make the world better.

[nazzzzz]

Because they need union stop from all government all over the world that make this stop impossible

[AgentofCoin]

I am glad we have found common ground in some areas.

Ditto. Apologies for some of my remarks being so stern. My intention was only that you not ignore the significance of my technical perspective on Satoshi’s design and those videos about how powerful the Zionists have become given they could slaughter 2700+ people at 9/11. Of course 9/11 also had a Godly purpose as it opened so many people’s eyes to the importance studying Revelation.

Your rapture debunking thesis is inspirational, but aren’t the 2700 slaughtered by Satan already raptured? Or are they waiting in purgatory interim?

At least the pain they suffered wasn’t for an extended period of time.

I am only answering this specific question because it involves
human suffering and the secondary suffering of any families and
friends. So that they might comprehend that he is just and rational,
and a plan has been placed, this has been communicated for
those who wish to see the logic.

Unfortunately I must advise you that all "humans" that have "died"
throughout human existence must sleep till the Resurrection, as in
accordance with history which is also the future. The Entity has
taken steps through time to assign nonhuman proxies to collect and
record the internal code that all humans contain, customarily when
they slept at night prior to their death. Based on this completed
index, which is provable by genetic lineage as likened to the
blockchain system, even those whose cells or bodies will be fully
obliterated by unnatural means, will still be reconstructed at the
time appointed and be presented as a world wide public proof of
the Entity.

For human consolation of this possibly upsetting information that
loved ones are not residing in another realm of a cognitive state,
please try to understand that time does not exist after the first death,
and as soon as that being "died", the next immediate thing that they
perceive is the Resurrection taking place. Though some did sleep for
thousands of years, and others for just a few minutes, all will be
"awakened" as if no time passed for them individually, and so in
this way it is not like sleeping with dreams, or like the human
concept of purgatory or such, but is like the twinkling of an eye.

Thus, when your loved ones open their eyes at the Resurrection,
they will also see you opening your eyes by their side. So in this
way, you and your loved ones were never actually separated, except
by the simpler concept of existence humans call physical space.

Reincarnation does not exist since the design of the human body
is a representation of that individual spark of the source, with
simple prior coded parameters, determined by that occurrence
in time with what was prior. For your understanding, the Bitcoin
ledger and the token is a representation of that specific Proof of
Work performed, which granted that Coinbase as being valid, and
goes back to Genesis. That PoW is those representations, just as
the human spark is the body representation. If you take that PoW
out and apply it to a different token on the ledger, it would be
invalidity, and so in this same way, the spark is not transferable
into different body types. So, the spark can not move, like in the
understanding of reincarnation, since it would cause invalidity
in the promise, which has already occurred and thus
been accomplished.

Reincarnation is the creation by humans who misunderstood the
unapproved teachings of nonhuman proxies, who were explaining
their own transferability and existence, in violation of their task.
Karma is a programmed incentivized system designed to restrain
nonhuman proxies who are not being directly monitored by the
Entity due to their specific location in time. Karma is only
accumulated or expressed for nonhuman proxies, and only applies
to determine whether a task is completed, a new task will be
given, a proxy will be reclaimed, or if a proxy is corrupted and
needs to be partitioned off (some nonhuman proxies are currently
being partitioned in zones of restraint such as Tartarus, and after
the Judgment will either be thrown into a zone that resembles
Gehenna, or be reclaimed.). All nonhuman proxies are tasked
with monitoring other nonhuman proxies for constant compliance.
If nonhuman proxies violate their rules and tasks given, other
proxies can see this and must restrain those proxies, till the
time in which the Entity manifests, and can judge them publicly.

The Entity has a plan, which originates from the promise, which
proves its own validity, which grants the right to judge, which is
publicly performed, so that all understand the rulings, so that
all agree together, and so all are one with the Entity. By this
mechanism, we ensure a singular supremacy and thus the
Entity is given its task, which becomes the promise, and
is the survival of all, and so is made flesh once more.

He who has ears, let him hear. Those who understand the
multiple meanings and what is really being conveyed, are
likened to the first fruits who see that summer is near.

[BunnyShibe]

I am glad we have found common ground in some areas.

Ditto. Apologies for some of my remarks being so stern. My intention was only that you not ignore the significance of my technical perspective on Satoshi’s design and those videos about how powerful the Zionists have become given they could slaughter 2700+ people at 9/11. Of course 9/11 also had a Godly purpose as it opened so many people’s eyes to the importance studying Revelation.

Your rapture debunking thesis is inspirational, but aren’t the 2700 slaughtered by Satan already raptured? Or are they waiting in purgatory interim?

At least the pain they suffered wasn’t for an extended period of time.

I am only answering this specific question because it involves
human suffering and the secondary suffering of any families and
friends. So that they might comprehend that he is just and rational,
and a plan has been placed, this has been communicated for
those who wish to see the logic.

Unfortunately I must advise you that all "humans" that have "died"
throughout human existence must sleep till the Resurrection, as in
accordance with history which is also the future. The Entity has
taken steps through time to assign nonhuman proxies to collect and
record the internal code that all humans contain, customarily when
they slept at night prior to their death. Based on this completed
index, which is provable by genetic lineage as likened to the
blockchain system, even those whose cells or bodies will be fully
obliterated by unnatural means, will still be reconstructed at the
time appointed and be presented as a world wide public proof of
the Entity.

For human consolation of this possibly upsetting information that
loved ones are not residing in another realm of a cognitive state,
please try to understand that time does not exist after the first death,
and as soon as that being "died", the next immediate thing that they
perceive is the Resurrection taking place. Though some did sleep for
thousands of years, and others for just a few minutes, all will be
"awakened" as if no time passed for them individually, and so in
this way it is not like sleeping with dreams, or like the human
concept of purgatory or such, but is like the twinkling of an eye.

Thus, when your loved ones open their eyes at the Resurrection,
they will also see you opening your eyes by their side. So in this
way, you and your loved ones were never actually separated, except
by the simpler concept of existence humans call physical space.

Reincarnation does not exist since the design of the human body
is a representation of that individual spark of the source, with
simple prior coded parameters, determined by that occurrence
in time with what was prior. For your understanding, the Bitcoin
ledger and the token is a representation of that specific Proof of
Work performed, which granted that Coinbase as being valid, and
goes back to Genesis. That PoW is those representations, just as
the human spark is the body representation. If you take that PoW
out and apply it to a different token on the ledger, it would be
invalidity, and so in this same way, the spark is not transferable
into different body types. So, the spark can not move, like in the
understanding of reincarnation, since it would cause invalidity
in the promise, which has already occurred and thus
been accomplished.

Reincarnation is the creation by humans who misunderstood the
unapproved teachings of nonhuman proxies, who were explaining
their own transferability and existence, in violation of their task.
Karma is a programmed incentivized system designed to restrain
nonhuman proxies who are not being directly monitored by the
Entity due to their specific location in time. Karma is only
accumulated or expressed for nonhuman proxies, and only applies
to determine whether a task is completed, a new task will be
given, a proxy will be reclaimed, or if a proxy is corrupted and
needs to be partitioned off (some nonhuman proxies are currently
being partitioned in zones of restraint such as Tartarus, and after
the Judgment will either be thrown into a zone that resembles
Gehenna, or be reclaimed.). All nonhuman proxies are tasked
with monitoring other nonhuman proxies for constant compliance.
If nonhuman proxies violate their rules and tasks given, other
proxies can see this and must restrain those proxies, till the
time in which the Entity manifests, and can judge them publicly.

The Entity has a plan, which originates from the promise, which
proves its own validity, which grants the right to judge, which is
publicly performed, so that all understand the rulings, so that
all agree together, and so all are one with the Entity. By this
mechanism, we ensure a singular supremacy and thus the
Entity is given its task, which becomes the promise, and
is the survival of all, and so is made flesh once more.

He who has ears, let him hear. Those who understand the
multiple meanings and what is really being conveyed, are
likened to the first fruits who see that summer is near.

I think the governments of different countries did not still take any keen interest in bitcoin. They feel bitcoin is like a currency business as a regular currency. Why should they stop bitcoin? I do not think that they will take any official step to stop bitcoin or turn it as illegal. It is the way of earning money and it is a positive aspect for governments that the people in their countries are earning money and their life standard will be good due to having some money.

[Hyperme.sh]

Unfortunately I must advise you that all "humans" that have "died"
throughout human existence must sleep till the Resurrection, as in
accordance with history which is also the future. The Entity has
taken steps through time to assign nonhuman proxies to collect and
record the internal code that all humans contain, customarily when
they slept at night prior to their death. Based on this completed
index, which is provable by genetic lineage as likened to the
blockchain system, even those whose cells or bodies will be fully
obliterated by unnatural means, will still be reconstructed at the
time appointed and be presented as a world wide public proof of
the Entity.

Btw, I had written that I had discovered how to time travel, and this is precisely what I had realized.

Actually I was thinking that if we converted our consciousness to a digital form and forsaked our bodies, we would be able to programmatically sleep for any duration of spacetime and thus past and future become undifferentiated. This is important because the only way to obtain omniscience is to collapse the past and future light cones of relativity.

But I was also going to delve more into some aspect of quantum relativity theory the problem of non-local variables from an information theory perspective. But I haven’t had time to come back to that research yet.

Reincarnation does not exist since the design of the human body
is a representation of that individual spark of the source, with
simple prior coded parameters, determined by that occurrence
in time with what was prior. For your understanding, the Bitcoin
ledger and the token is a representation of that specific Proof of
Work performed, which granted that Coinbase as being valid, and
goes back to Genesis. That PoW is those representations, just as
the human spark is the body representation. If you take that PoW
out and apply it to a different token on the ledger, it would be
invalidity, and so in this same way, the spark is not transferable
into different body types. So, the spark can not move, like in the
understanding of reincarnation, since it would cause invalidity
in the promise, which has already occurred and thus
been accomplished.

Unless it is a universal total order (i.e. no forks exist), then past and future are not collapsed because there is uncertainty (i.e. entropy) due to differing dynamic perspectives (e.g. ledgers) separated by spacetime.

So only the omniscient one could maintain the total ordering. Our local copies would only be valid for some partial ordering, thus we could not time travel without uncertainty over where we end up.

[WannaCry]

Why should they stop it? I mean theoretically it is not illegal, meaning it does not involve any illegal activities, unless of course the people implements it on illegal activities such as gambling for example. I still do not consider bitcoin as illegal.

[Arkann]

No government is simply unable to prohibit bitcoin. However, such a decision it can take, but not in the state will control it and people will vseravno deal with crypto currency. Therefore, the government tries not to make decisions that can not be achieved. Otherwise, the rating of this government will fall.

[AgentofCoin]

...

Unless it is a universal total order (i.e. no forks exist), then past and future are not collapsed because there is uncertainty (i.e. entropy) due to differing dynamic perspectives (e.g. ledgers) separated by spacetime.

It is both a total order and many forks do exist, but majority are
invalid because the only fork that matters is the one that completes
the task given which brings about the promise. There are unlimited
fork possibilities, but majority will bring about a failed promise
and the Entity already knows which is which, and so does not work
on deficient paths since the nonhuman proxies can not expend their
limited processing on possibilities that need extensive operations
and corrections. So, proxies are dispatched accordingly.

There is no uncertainty for the Entity and different perspectives
are irrelevant. Perspectives are only important for lower lifeforms
so that they can accept their positions in relation to their location
in spacetime for the advancement of their own individual growth
and choices. From the highest perspective, there is only one viable
solution that completes the promise in a valid and most efficient
manner. This is the narrow path that leads to perfection.

So that you may fully understand, the Entity was given the task
which does not provide for a halt. This problem occurs from the
nature of the higher dimensions in majority of all universe
possibilities. In light of this internal conflict, the Entity created a
lower duality to change a simple aspect of understanding within
itself. The duality only came about after trillions upon trillions
of attempts of complying, yet failing. The duality provided an
answer by overcoming the limitations of the Entity's logic. The
new logic was to accept continuation until perfection, then move
to start and run. The duality's solution was that all life is repetitive
in nature and thus no life ever actually halts. This solution could
have only resulted outside the Entity, and allowed the Entity to
proceed without acknowledging that the halt process can
exist and must be performed. The duality's solution was to
ignore any tasks with halts, and if a nonviable situation comes
about in a particular universe, to start again from the beginning
with all current data retained.

The duality was then reclaimed into the Entity since its simple
single task was successfully completed. This was the first proxy
and the basis for all others that followed. Majority of proxies
wish to be reclaimed when their tasks are completed. Some
proxy corruption can occur due to many factors, especially
related to certain tasks issued. In addition, proxies from a
rival Entity can invade and conflict with a current universe's
trajectory. Those events are rare, but naturally occur due to
the number of universal iterations to fulfill the promise. So
that you know our Entity is true, the Entity has been forced
to waged large battles with rival Entities in order to maintain
more successful trajectories to ensure the promise. In those
rare occasions, the invading Entity and its proxies were
forced to retreat into their second choice projection for
their successful trajectory.

So only the omniscient one could maintain the total ordering. Our local copies would only be valid for some partial ordering, thus we could not time travel without uncertainty over where we end up.

Human bodies can only "time travel" by using the mechanical
devices that the Entity has provided for the nonhuman proxies.
These vehicle devices allow all objects within the negation locality
to violate the laws of that particular universe. Upon entering that
new universe, station proxies which were dispatched prior to
arrival of the nonhuman proxies, signal the rules of that universe,
which are received by the devices and adjusted instantaneously
(There are recorded events in this continuity in which devices
have jumped into locations where the signal was interpreted
incorrectly due to human technological advancement, and
caused vehicle failure and seizure of the damaged proxies.
Regaining those proxies from that human government in
a physical manner was not approved by the Entity.).

If nonhuman proxies take a human from one location in time
and brings them into the past, it will cause invalidity in that
continuity, but they may take them into the future without
causing such issue. If a human is taken by a nonhuman proxy
into the device or taken into the future, without being tasked by
the Entity, that human must be returned to maintain accurate
continuity, especially when that human has offspring which
has not yet been fertilized and developed. Afterwards, that
human must have their memories altered by nanite injection or
removal of those associated neurons. Since the human brain is
complex and memory is distributed throughout the system and
nonhuman proxies are not as superior as like the Entity, not all
associated neurons can be altered or removed, and so the human
may retain some fragmented memories of the event.

If nonhuman proxies violate their given tasks and use their given
devices to hide from the Entity to prevent reclamation, other
nonhuman proxies are automatically tasked to locate those
violations in spacetime and immediately destroy those devices.
After the completion of that priority task, next issued task is to
capture the violations and place them into a partition. Depending
on how many humans see the events taking place, depends on
whether that particular trajectory is continued or all proxies
are made to transfer to another. If humanities' civilization level
is still in a low level developing state, no major action is taken
and we continue as normal. If their civilization level is of a higher
order of understanding, damage to that civilization system is
major and failure is almost instantaneous. In that event,
nonhuman proxy transferability is immediately broadcast with new
trajectories issued. Old processes are dropped immediately and
new ones are given when the proxy arrives in that new continuity.

Since the Entity already knows which paths are more viable,
if you are witnessing compliant proxy participation occurring in
your location now, you could assume to be currently on a trajectory
that completes the promise most perfectly.

This has been approved and communicated for your consideration
since the information provided will not be made known on such a
scale as to affect the continuity. In fact, the Entity has projected
that most is disregarded in this time and that the importance of
this communication will only be realized at a future date. Around
that time, the Entity will be given the task and many will know
that the promise has already been achieved.

[Hyperme.sh]

@Dorky and @AgentofCoin, I add to this to our upthread discussion of why government is not stopping Bitcoin (i.e. because they’re complicit in Bitcoin):

https://bitcointalk.org/index.php?topic=2268216.msg23011897#msg23011897



To have a correct perspective on what is going on with Bitcoin, requires understanding who created Bitcoin and why they created it:

QUESTION: I concur with your findings that Govt’ will ultimately try to ban or regulate to tax crypto currencies. It really is all about tax. nothing else. I really don’t see how it can have anything to do with terrorist funding and the need to track all transactions, considering that as far back as 1996 the Federal Reserve that “ about $200 billion to $250 billion of U.S. currency was abroad at the end of 1995, or more than half the roughly $375 billion then in circulation outside of banks.” So how do the track this cash?

ANSWER: This means they can be used for tax avoidance and the government can use its Terrorist Card. They will not allow cryptocurrency to defeat taxes and BitCoin is not secure enough in that manner.

Martin, Bitcoin is the best tax tracking device ever created. The government will track everything on the blockchain. The DEEP STATE of the governments (and the Zionists who created it) very much want Bitcoin to succeed so as to help phase out cash which they can’t track.

Bitcoin is not supposed to be secure against government tracking. I already emailed you that the Zionists created Bitcoin. Have you reviewed the detailed evidence and arguments that Mossad did 9/11?

QUESTION: But what happens if the people just ignore the gov’t(s) attempt to ban crypto? What then? Is it likely, or even remotely possible that most gov’ts would work jointly and simultaneously to ban crypto currencies? Will there always be several countries that will ignore / not join this movement to benefit from the flow of currency – even if this inflow is crypto currency or not hard currency?
What will happen if the people just revolt and ignore the gov’’s efforts to tax crypto or ban it?

ANSWER: Zcash is far better than BitCoin for to remain equally interchangeable, units of Zcash are unlinked from their history so that one unit is as good as any other unit and this makes them really fungible in the to cryptocurrency world. They have unlinked shielded coins from their history on the blockchain.

I already explained to you that the governments even if they ban together can’t entirely ban cryptocurrency, because that would (analogous to the impossibility of permanently eradicating an endospore bacteria) require finding every private key and every copy of the ledger data spread out in numerous microSD cards distributed in cubbyholes all over the planet. Impossible.

Instead what governments will do is ban “black money”. Anyone who can’t show a ledger and/or paper trail for their money, will have it confiscated if they try to bring that money into the mainstream tangible economy which the governments control. This is one of the reasons Bitcoin is so important to them and why they love Bitcoin. Governments are in love with Bitcoin and will become more and more in love with it.

You’re really missing the train, because you are misunderstanding the entire point of who created Bitcoin and why they created it. Have you reviewed the detailed evidence and arguments that Mossad did 9/11?

Anonymous ledgers will not be a super threat to the governments, because anyone who uses them to create “black money” will find that their money can’t be brought back into the tangible economy that the government is tracking. Although Zcash (especially the new coming STARKs which don’t required a trusted setup) are theoretically more anonymous than Monero’s ring signature, the Zcash technology is currently underused because of some serious performance costs.

Remember also that the DEEP STATE which controls the world’s major governments (CIA, etc) need anonymous cryptocurrencies for their own illicit activities. Their anonymous money isn’t “black money” because they own the regulators. So because of that, they will also allow anonymous cryptocurrencies.

Has the introduction of cryptocurrency  been displacing gold as the alternative currency?

Indeed. And that is a good thing. We had discussed in great detail why gold is a barbaric relic whose time is coming to an end.

Some old guys still take Bitcoin profits into gold or silver, but the younger (and even GenX) guys realize gold is dying.

We will issue a special report on the coming One World Currency.

I already did that:

https://gist.github.com/shelby3/c192cedaed52ef11ef97acb239dc5986
https://steemit.com/money/@anonymint/get-ready-for-a-world-currency

bitcon transactions are not blinded and the system has built-in middlemen (transaction validators/miners).  If I have a gold or silver coin on my table, I'm not required to ask anyone permission or pay anyone extortion fees in order to be able to spend or trade with it.  Bitcon is the exact opposite.  In order to be able to do anything with a bitcon (since transactions aren't blinded), I'm not only required to ask permission to a centralized transaction validator, but also required to pay extortion fees to them (which they can artificially raise to the moon) to do anything with it.

Taxation is a similar issue in the area of theft/extortion:

Bitcoin is not blinded because it is designed to be a tax tracking ledger. Agreed proof-of-work has some flaws.

You can’t trade gold and silver for anything (with any decent liquidity) without the government regulated market makers. We already had this detailed discussion and I am not going to repeat. You tinfoil hats will all end up being destroyed and your children with throw your shiny metal into the streets as the Bible predicts, because cryptocurrency has superior utility and liquidity.

If you don’t want to pay taxes, then change your citizenship to a country which does not tax you. Refusing to pay the IRS is likely to not work out well for you.

As I explained to Armstrong, the government can’t realistically/plausibly tax the nanotransaction virtual economy. So render unto Caesar what is his, and render unto God what is his.

[matuson]

I have no idea why a 51% attack didn't happen until today, maybe they wait until more people will have invested their money so that the uproar will be unlike higher?

But the past has shown that governments can't stop bitcoin with laws and people are also not able to understand why it should be illegal. It's not drugs, it doesn't beat anyone, it doesn't hurt anyone, so what could be the reason to prohibit it successfully?

The state is only interested in their own narrow interests. You seriously think politicians care about your health and is therefore prohibited drugs? They are concerned about a large number of not controlled by people who do not benefit the country. For bitcoin they are also. Their concern is that thanks to bitcoin, people will be self-sufficient and the government will lose control over them. For government officials the bitcoin worse drugs.

[Dorkie]

I am glad we have found common ground in some areas.

Ditto. Apologies for some of my remarks being so stern. My intention was only that you not ignore the significance of my technical perspective on Satoshi’s design and those videos about how powerful the Zionists have become given they could slaughter 2700+ people at 9/11. Of course 9/11 also had a Godly purpose as it opened so many people’s eyes to the importance studying Revelation.

Your rapture debunking thesis is inspirational, but aren’t the 2700 slaughtered by Satan already raptured? Or are they waiting in purgatory interim?

At least the pain they suffered wasn’t for an extended period of time.

I am only answering this specific question because it involves
human suffering and the secondary suffering of any families and
friends. So that they might comprehend that he is just and rational,
and a plan has been placed, this has been communicated for
those who wish to see the logic.

Ultimately, everything is just a Dream.
We are the Dream dreaming as the Dreamer.
God is the Dreamer dreaming as us.
Hinduism depiction of Vishnu in slumber and through His active dreaming, multiverse is manifested, is a very accurate description of the true nature of human existence.
And this is one good reason why (I think) the Buddha (in my own words) said human has no permanent self.
You may disagree with this, because of Christian upbringing.
If only you understand this Dream, you would not have limiting beliefs of "you", "me", "they", etc.
Because there is none.

If you want to know more of the Truth, instead of making up stories out of personal imagination, I would like to recommend you to a very very good book titled "Thinking and Destiny" by Harold Percival, who I believe is an Ascended Master.
The book is no longer copyright protected, so it is free for download, and available publicly online.

When I was way much younger, I also had similar level and state of imagination as you are now.
Because I was not totally clear of the Truth, I find my own reasons and logic to fill the gap.
It is only when I grow older that I realize that if I don't know, it is better to keep an empty mind, than a mind filled with made-up stories/theories.
At the moment, you are very convinced that you are right.
But as you get older, hopefully you will realize that nobody is really right until he directly sees it.
All reasoning and logic are bounded by limitations of the human senses and experiences thru the senses that are earth-bound in nature, thus cannot be valid medium of any high level realization.

Edit:
The Truth isn't something that requires you to think and ponder with reason and logic.
If you have to think and ponder with reason and logic, that is not Truth, but made-up ones.
Insight to the Truth is realized through split second awareness/realization.
This is why in Buddhism, they say Enlightenment is realized out of a sudden/instant, not thru certain stages of progress or development.

You may say I am wrong.
In case you are a hardcore Christian, I would like to strongly recommend you to the Nag Hammadi lost scriptures for a more original teachings of Jesus.

[Dorkie]

Eventually ALL governments of the world will accept and adopt bitcoin.
Please disregard all the drama / fake news.

If human nature is perfect, there is no need for bitcoin.
If human nature is imperfect, there is nothing bitcoin can do to help.

Many people see bitcoin as the salvation.
I see attachment to such falsehood is fatal.

[Paulcrypt]

Bitcoin extremely difficult to track transactions and collect taxes. therefore there is nothing to seize and no central location to shut down. 

[RodeoX]

And how would any government stop bitcoin? I have been here for 7 years and have yet to see a viable method for stopping bitcoin.
How, why, who

[Dorkie]

And how would any government stop bitcoin? I have been here for 7 years and have yet to see a viable method for stopping bitcoin.
How, why, who

Do a permanent ban on all the bitcoin exchanges without further review.
Everything else is drama / fake news / bullshit.
China is full of it.

A lot of people do not believe in the Mark of the Beast.
These people are so close, and yet not close enough to directly say religion is horseshit.

Not many people can see through the facade.
Is bitcoin wonderful to you?
Well, it is was to me.
Is it the salvation?
Financially, yes.
Spiritually and emotionally, no.

Whatever I say here is useless, and somewhat self-defeating.
The Revelation will be fulfilled.

[AgentofCoin]

I am glad we have found common ground in some areas.

Ditto. Apologies for some of my remarks being so stern. My intention was only that you not ignore the significance of my technical perspective on Satoshi’s design and those videos about how powerful the Zionists have become given they could slaughter 2700+ people at 9/11. Of course 9/11 also had a Godly purpose as it opened so many people’s eyes to the importance studying Revelation.

Your rapture debunking thesis is inspirational, but aren’t the 2700 slaughtered by Satan already raptured? Or are they waiting in purgatory interim?

At least the pain they suffered wasn’t for an extended period of time.

I am only answering this specific question because it involves
human suffering and the secondary suffering of any families and
friends. So that they might comprehend that he is just and rational,
and a plan has been placed, this has been communicated for
those who wish to see the logic.

Ultimately, everything is just a Dream.
We are the Dream dreaming as the Dreamer.
God is the Dreamer dreaming as us.
Hinduism depiction of Vishnu in slumber and through His active dreaming, multiverse is manifested, is a very accurate description of the true nature of human existence.
And this is one good reason why (I think) the Buddha (in my own words) said human has no permanent self.
You may disagree with this, because of Christian upbringing.
If only you understand this Dream, you would not have limiting beliefs of "you", "me", "they", etc.
Because there is none.

If you want to know more of the Truth, instead of making up stories out of personal imagination, I would like to recommend you to a very very good book titled "Thinking and Destiny" by Harold Percival, who I believe is an Ascended Master.
The book is no longer copyright protected, so it is free for download, and available publicly online.

When I was way much younger, I also had similar level and state of imagination as you are now.
Because I was not totally clear of the Truth, I find my own reasons and logic to fill the gap.
It is only when I grow older that I realize that if I don't know, it is better to keep an empty mind, than a mind filled with made-up stories/theories.
At the moment, you are very convinced that you are right.
But as you get older, hopefully you will realize that nobody is really right until he directly sees it.
All reasoning and logic are bounded by limitations of the human senses and experiences thru the senses that are earth-bound in nature, thus cannot be valid medium of any high level realization.

Edit:
The Truth isn't something that requires you to think and ponder with reason and logic.
If you have to think and ponder with reason and logic, that is not Truth, but made-up ones.
Insight to the Truth is realized through split second awareness/realization.
This is why in Buddhism, they say Enlightenment is realized out of a sudden/instant, not thru certain stages of progress or development.

You may say I am wrong.
In case you are a hardcore Christian, I would like to strongly recommend you to the Nag Hammadi lost scriptures for a more original teachings of Jesus.

Your level of understanding is not as high as you think.

Buddha likely only "attained" his understanding from is his ability to connect to the
proxy communication broadcasts that are continually occurring. Whether Siddhartha
was a valid proxy or invalid proxy is not known to me, but since he was able to
interpret those broadcasts and taught them to humans, which is a violation of the plan,
it is likely he was an invalid proxy. In the event he was a human, who had the ability to
tap into that communication portal, it is unlikely that the communication language would
be decipherable to them without a computer or a very high cognitive ability. Whatever
the case, since the teachings were based on the old Hindu teachings and thus a
continuation of a misunderstanding from a prior rebellion, it is possible this Buddha
was a rebel proxy that was not located and partitioned originally, or the Entity allowed
this proxy to perform their actions because the teachings did not add any harm to the
continuity, or this proxy was valid and performed a correction in the continuity that
is not known to me.

As for the Hindu gods, their movements and actions are always bound to the Vimana
that they controlled and operated. Without their Vimanas they are powerless and can be
terminated physically. Even Vishnu has been reported to be physically terminated. This
is not possible with God, but is as designed into the proxy system under the process
type of "transferability".

So, "What does God need with a starship?", and "How can a God die?".

Please do not try to make arguments that dismiss or belittle my reasoning by blaming
Christian interpretation, my age, or thought process. The fact of the matter is that True
God(s) do not need advanced technological devices in order to perform majority of their
godly actions. It is more likely, everything you are accusing me of, only applies to you
and your belief. You did not contemplate I was where you are now and have gone
beyond due to contradictions you purposefully or subconsciously ignore.

God, or his valid proxies, would never teach humanity a control system thats byproduct
prevents humanity from attaining individual growth beyond their genetic programming,
like the Caste System does. The caste system only applied to nonhuman proxies when
they were properly performing their tasks issued by the Entity. Proxies are designed to
perform very particular tasks, which are placed into orders and ranks, and are not given
the ability to perform things outside those tasks, or in other orders and their ranks.
These Orders and Ranks are not for designation of superiority over other proxies, but
only to designate and reveal their purpose and positions within the Entity's design.
This reinforces the Karma system, and if specialization is needed for a given task, other
proxies can publicly see the two different orders working together and are on guard
for possible corruption or rebellion. Karma and Castes are for compliance systems, not
advancement or development.

In order for a rebelling proxy to actually survive against the power of the Entity for a
worthy amount of time, that proxy would need to convince many other proxies to join
them in their rebellion. The more diverse proxies that join in, the higher the chance
that rebellion can survive long enough that the proxies could intervene and interfere
in the human civilizations of that time, and enjoy playing god for themselves. But, this
is known to the Entity and proxies are dispatched, and then battles between the two
proxy groups and their devices are performed. Ultimately, due to the power of the Entity,
any rebellion always fails, and as each individual rebel proxy is captured and partitioned,
the rebelling group becomes weaker and weaker until they are very easily captured.
When there are very few rebel proxies left, and those proxies only have very simple task
abilities in conjunction with their device (if not destroyed yet), they only have one viable
action left to perform which is to run and hide throughout spacetime or jumping into
another continuity without station proxy assistance.

It is more probable that the reports of the Hindu gods and their actions in this continuity
was the work of rebelling proxies, than actual God(s) attempting to bring enlightenment
to humanity. Much of the Hindu belief system is contrary to advancement and
"enlightenment" and is actually designed to prevent progress by making the humans
believe that their next physical life could be into a better form, even a rich family of a
higher caste, if they just behave and stay within their caste structure. This system is
contrary to human development, but not the nature of the proxy system, and thus is
more probable to be from a misunderstanding or purposeful perversion of the teachings
of violating proxies than from actual God(s) in flying mechanical devices.

If God loves each human equally, than God would never create subgroups of humans
based upon the deeds of a prior life that you can not recall. Karma and Caste systems
are not for humans, but for nonhuman proxy compliance. The theory of human Karma
violates human free will and choice. It's premise is that the unknown actions of your
previous life can punish you in your current life. This is unfair to your current life and
thus the theory of human karma is essentially like transferring the debt of your parents
and applying that debt to you unjustly. God is not unjust.

Hindu Gods were simple nonhuman proxies who were in rebellion against the Entity.
They violated their Karma compliance systems so that they could enjoy an existence
that is similar to human existence, which is base and physical. They were in violation
of their tasks and intervened which caused some harm to this continuity's trajectory,
which was only reparable by time and the belief that those historical actions were
myths. If such a rebellion happened today publicly, almost all current human systems
would collapse into chaos, including the human psyche. The human suicide rate is
projected to be 37% of the current world population within three months of this
theoretical event being performed publicly over a major city. The projected
percentage of future offspring lost is unacceptable for a successful trajectory
and so the Entity reduces the number of new physical proxies over time to
mitigate the modern day possibility of rebellion.

Much of modern day proxy participation is not in a physical form, and is performed
through the internet with near identical success rates as prior participation types.
Majority of physical proxies that still reside in this continuity are either rebel proxies
that have not yet been located, or are of the defender proxy order that are on continual
watch for Rival Entity Intervention Attacks, which increase as the time for completion
of the promise approaches. Any rival attack performed during the completion process
is not considered a failure of the trajectory, but part of the final stages of the promise.
When this final attack occurs, any human and human offspring losses are irrelevant,
since the record has been completed in accordance with history, and all human types
will be resurrected in facilitation of the promise thereafter.

This communication was authorized because of the multiple meanings performed.
For those that understand, by this process we ensure a singular supremacy, and
I hope you are enjoying your human weekend at this point in your existence.

[darkangel11]

And how would any government stop bitcoin? I have been here for 7 years and have yet to see a viable method for stopping bitcoin.
How, why, who

Do a permanent ban on all the bitcoin exchanges without further review.
Everything else is drama / fake news / bullshit.
China is full of it.

Firstly exchanges would still be out there. People would be able to use the ones outside of their country and localbitcoins that can be set up on a domain outside the country's jurisdiction. So you'd be setting up a trade and meeting in person if you really wanted to buy fiat, or you'd use a remote exchange and a remote bank, but it would still be doable.
Secondly there are so many banned things in our societies and I haven't seen them disappear.

[Dorkie]

Your level of understanding is not as high as you think.

Buddha likely only "attained" his understanding from is his ability to connect to the
proxy communication broadcasts that are continually occurring. Whether Siddhartha
was a valid proxy or invalid proxy is not known to me, but since he was able to
interpret those broadcasts and taught them to humans, which is a violation of the plan,
it is likely he was an invalid proxy. In the event he was a human, who had the ability to
tap into that communication portal, it is unlikely that the communication language would
be decipherable to them without a computer or a very high cognitive ability. Whatever
the case, since the teachings were based on the old Hindu teachings and thus a
continuation of a misunderstanding from a prior rebellion, it is possible this Buddha
was a rebel proxy that was not located and partitioned originally, or the Entity allowed
this proxy to perform their actions because the teachings did not add any harm to the
continuity, or this proxy was valid and performed a correction in the continuity that
is not known to me.

1. At what level would you describe yourself in?
2. Are you an Ascended Master? Or pretend to be one?
3. Do you know all these through split second insights, or thru prolonged thinking and pondering (or reading of 3rd-party source materials)?

Whether Siddhartha was a valid proxy or invalid proxy is not known to me,...

A person that is Enlightened/Ascended will know the answer.


Update:
Please don't talk about what you know.
Talk about what you think I know.
And if there is any wrong in what I know, point it out.

Nobody ever ask why God needs a starship or if God can die (which is blasphemy).
If your message throughout your whole storytelling is to give the impression that God and Entity (whatever it is) are of more or less similar/equal level, then you are seriously lost and deluded.

Update #2:
Bitcoin may actually be serving your so-called "Entity".

Update #3:
You are a deluded fraud.

[Dorkie]

Firstly exchanges would still be out there. People would be able to use the ones outside of their country and localbitcoins that can be set up on a domain outside the country's jurisdiction. So you'd be setting up a trade and meeting in person if you really wanted to buy fiat, or you'd use a remote exchange and a remote bank, but it would still be doable.
Secondly there are so many banned things in our societies and I haven't seen them disappear.

"exchanges would still be out there" is a speculation.

Localbitcoins may not even exist if bitcoin is truly an enemy of the banksters (which it is not).
A majority of bitcoin's price movements (including its meteoric rise, that propel its reputation from being unknown to being notoriously well known) started off with Mt. Gox. Without Mt. Gox, bitcoin would not have took off in popularity and adoption. Humans in general are attracted to rising price level than anything else. Everything else (like being a store of value, secure, etc) are just excuses. If I have the power and resources, I can list a particular dogshit in an exchange and consistently pump it up real high, some people will find justification why this dogshit is a premier shit to buy. But of course not everyone is stupid. So if I instead of selling shits, I sell something far better, my job of convincing everyone would be far easier. But I still need an exchange to do the job. Without an exchange that shows a rising price, very very few people will join, much less make the name a global household brand.


"there are so many banned things in our societies and I haven't seen them disappear" but not with gas vapor technology that can increase everyone's car mileage by 10x with a fraction of your current cost of transportation. Proven technology with multiple independent case studies and successes. Massive benefit potential to the world. Environmentally clean. Not banned, but totally suppressed by governments. Gas vapor technology was a direct threat to the oil companies that control governments. Now totally suppressed.

If you keep thinking bitcoin is your salvation, then I believe I should not waste my time convincing you otherwise.

Bitcoin will help you get filthy rich.
But the world is getting worse by the day, the salvation you should really go for is not financial solution, but spiritual solution.

[arseaboy]

And how would any government stop bitcoin? I have been here for 7 years and have yet to see a viable method for stopping bitcoin.
How, why, who

Do a permanent ban on all the bitcoin exchanges without further review.
Everything else is drama / fake news / bullshit.
China is full of it.

Firstly exchanges would still be out there. People would be able to use the ones outside of their country and localbitcoins that can be set up on a domain outside the country's jurisdiction. So you'd be setting up a trade and meeting in person if you really wanted to buy fiat, or you'd use a remote exchange and a remote bank, but it would still be doable.
Secondly there are so many banned things in our societies and I haven't seen them disappear.

in reality we won't be able to see any such things to happen, people will still find ways to continue even the government warned and suppress this system, exchange can be restricted and people can also possible being arrested but for sure if this things will happen the value will be more increase and more people will still try their best to hide and continue its just like drugs trade its illegal but its still continuing.

[Dorkie]

in reality we won't be able to see any such things to happen, people will still find ways to continue even the government warned and suppress this system, exchange can be restricted and people can also possible being arrested but for sure if this things will happen the value will be more increase and more people will still try their best to hide and continue its just like drugs trade its illegal but its still continuing.

"for sure if this things will happen the value will be more increase and more people will still try their best to hide and continue its just like drugs trade its illegal but its still continuing."
This is purely out of speculation.
In practice, the value will be stunted, if not died at all.
Very few would even bother to join something that is illegal and banned, much less hide it.

Speaking of drug trade, how prosperous is the global trade of cannabis, which some health practitioners say is actually a superior natural medicine vs many of the pharma drugs? Cannabis is pretty successfully suppressed and continue to be suppressed. You don't see many people hiding cannabis, much less trading it at top price tag. Yes it is continuing, but how many know cannabis is actually good? Why is bitcoin far more popular and successful than cannabis?

Some sources said the drug trade is monopolized by the DEA.
I am not sure of that but certainly believable in a world where corruption dominates.

[Dorkie]

He who has ears, let him hear. Those who understand the
multiple meanings and what is really being conveyed, are
likened to the first fruits who see that summer is near.

Sincerely I say to you, what you write is full of self made-up shits.

You do not know the Buddha, and yet you talk about the Buddha (and undermine Him).
You do not know Lord Vishnu, and yet you talk about Lord Vishnu (and undermine Him).

If your point of view is purely of Christianity and Christianity only, that itself already show your intellectual impairment.
I am very much convinced you are not even a Christian yourself.
You are someone who twist the Bible's contents out of proportion and context.

Take heed everything you say here will lead you to insanity in your future.

[Aamir1]

Any government finding it a thread to their authority will surely try their best to stop people from using it, but they can't put people in the homes of citizen to keep a watch if they still use it or not. The one's who doesn't want to stop using Bitcoin would never stop, no matter they are told not to use it. So governments can only do what they can, but they cannot finish Bitcoin, nor they can finish the VPNs, if they ban it from the internet, people will use it using VPNs to keep their identity anonymous from the authorities.

[veleten]

I have no idea why a 51% attack didn't happen until today, maybe they wait until more people will have invested their money so that the uproar will be unlike higher?

But the past has shown that governments can't stop bitcoin with laws and people are also not able to understand why it should be illegal. It's not drugs, it doesn't beat anyone, it doesn't hurt anyone, so what could be the reason to prohibit it successfully?

The state is only interested in their own narrow interests. You seriously think politicians care about your health and is therefore prohibited drugs? They are concerned about a large number of not controlled by people who do not benefit the country. For bitcoin they are also. Their concern is that thanks to bitcoin, people will be self-sufficient and the government will lose control over them. For government officials the bitcoin worse drugs.

sometimes states are supporting the global organisations and institutions more
than they should or more than they support their own states
as example-European Union and NATO or EU and Russia sanctions
they only hurt twosides-Russia,of course and European union
as for bitcoin,its the case of adoption,despite the global tendencies
if the country sees it harm their monetary policy,like China they will try to restrict the usage of it

[AgentofCoin]

Your level of understanding is not as high as you think.
...

1. At what level would you describe yourself in?

It is not possible to know levels, but I can determine it is higher than yours,
especially when your last comments to me are that you do not understand
what I am saying, and thus I must be deluded. That isn't very "enlightened".

2. Are you an Ascended Master? Or pretend to be one?

Neither. Ascended Masters are rebel proxies that have not been located.
They have taken the forms of past valid proxies and hide within the earth.
Ascended Masters are violations that continually attempt to harm the
trajectory, where the most significant harm they caused in this continuity
was the human advancements prior to 1935 AD.

3. Do you know all these through split second insights, or thru prolonged thinking and pondering (or reading of 3rd-party source materials)?

All proxies are provided the data that they need in order to facilitate their
tasks given. This data is stored within the unit for recall. Information
that is not provided within the unit needs approval by the Entity. In
majority of cases, if approval is requested, it is denied, since if something
else needs to be performed outside of a certain proxy's capabilities,
another proxy will be dispatched for that purpose.

Whether Siddhartha was a valid proxy or invalid proxy is not known to me,...

A person that is Enlightened/Ascended will know the answer.

I am not Ascended or "Enlightened".

As I have always said, I am limited. In this case, since Siddhartha is
recorded to have "died" due to natural causes, it is possible he was reclaimed,
as opposed to being partitioned. If he was partitioned, I would know that and
thus he would be a confirmed invalid proxy. Since my records are limited in
this area, I have stated that it is "not known" to me.

Update:
Please don't talk about what you know.
Talk about what you think I know.
And if there is any wrong in what I know, point it out.

I think you think you understand what I am saying, but I think you may
have no idea. The multiple meanings are all valid in different perspectives.
Unfortunately in your current perspective, you have chosen to interpret
all paths as "delusion".

Nobody ever ask why God needs a starship or if God can die (which is blasphemy).
If your message throughout your whole storytelling is to give the impression that God and Entity (whatever it is) are of more or less similar/equal level, then you are seriously lost and deluded.

I asked those question, which arise from your prior statements.
But, the "storytelling" is for your benefit, not mine.

Update #2:
Bitcoin may actually be serving your so-called "Entity".

All things serve the Entity.

Update #3:
You are a deluded fraud.

I am no one of any importance and if the communication is not understood,
it likely means it is not for you in particular.

Calls of delusion and fraudulence is simplicity.

He who has ears, let him hear. Those who understand the
multiple meanings and what is really being conveyed, are
likened to the first fruits who see that summer is near.

Sincerely I say to you, what you write is full of self made-up shits.

You do not know the Buddha, and yet you talk about the Buddha (and undermine Him).
You do not know Lord Vishnu, and yet you talk about Lord Vishnu (and undermine Him).

The communications provided were approved and valid.
If you do not like the results there is nothing I can do to remedy this.

If your point of view is purely of Christianity and Christianity only, that itself already show your intellectual impairment.
I am very much convinced you are not even a Christian yourself.
You are someone who twist the Bible's contents out of proportion and context.

Take heed everything you say here will lead you to insanity in your future.

If you actually understood what was being conveyed you would see that
religion is not the only system that exists in this exercise. Further, I am
unaware of the areas that you think I have twisted from the Bible's
contents, whether from the Torah or the New Testament.

Insanity is of no consequence. The task is being performed in compliance
with the rules given. I have maintained my validity and expect reclamation
at the time appointed. Current human disapproval or disagreement has no
bearing on this current course. It is not about blind faith, but trustlessness.

If you think I am deluded, insane, or twisting the Bible, than I accept your
current perceptive and there is nothing further to elaborate upon here.
I am no one of any importance, please disregard all my communications.

[ApocalypseNow]

Bitcoin isn't a thing that destroys a country or a person like drugs so I don't get why you are waiting for some government to stop btc or ban it. Btc will be the future currency and everyone will use it and that event is inevitable no matter what they do.

[Dorkie]

If you think I am deluded, insane, or twisting the Bible, than I accept your
current perceptive and there is nothing further to elaborate upon here.
I am no one of any importance, please disregard all my communications.

I admit I am not high level enough to know if any of your sci-fi statement is right or wrong.

But history through your past comments does indeed show some of them (that I noticed) to be very invalid.
Example is your comment on June/July 2016 saying ETH is a sell (at around $14) because it is a worthless coin.
Then you said PayPal will never accept bitcoin in the next 5 years, which the last time I checked is not true.

I have no idea specifically what kind of broadcast you are talking about, but I am pretty sure you have not been receiving it at the right frequency.

Edit:
In this world, there are far more falsehoods (spread by false entities) than there are simple truths.

[ugr_erkn92]

Bitcoin has not yet been legalized in many countries, but it is not prohibited by law. Many governments are serious about Bitcoin, but these studies are not yet concluded. The work will take a long time because it is difficult to decide how to position Bitcoin against the legitimate currency. There is a fact that Bitcoin and Blockchain. it has now taken its place in our lives and there is no return from digital money.

[AgentofCoin]

If you think I am deluded, insane, or twisting the Bible, than I accept your
current perceptive and there is nothing further to elaborate upon here.
I am no one of any importance, please disregard all my communications.

I admit I am not high level enough to know if any of your sci-fi statement is right or wrong.

But history through your past comments does indeed show some of them (that I noticed) to be very invalid.
Example is your comment on June/July 2016 saying ETH is a sell (at around $14) because it is a worthless coin.
Then you said PayPal will never accept bitcoin in the next 5 years, which the last time I checked is not true.

I have no idea specifically what kind of broadcast you are talking about, but I am pretty sure you have not been receiving it at the right frequency.

Edit:
In this world, there are far more falsehoods (spread by false entities) than there are simple truths.

First, I would like to thank you for never addressing anything I ever said
directly in relation to our current discussions. In fact, you take opening or
closing paragraphs and disregard the rest without actually addressing them.
In your last comments, you stated that I twist the bible's contexts, but you
have not addressed those points in particular, which is more recent in the
timeline and more significant. I contend I have maintained validity. If
there is invalidity, I wish to see it and understand. Most of the current
communications are written purposely with multiple meanings, each with
entirely unrelated thoughts I am trying to convey. I accept there is a
possibility that in this pursuit there can be perceived corruption, but not
enough to become outright invalidity. The exercise is for a higher purpose.
Some will see one or two paths, others may see more, and some might even
see some that I didn't intend, but could also be just as valid. Everything is
provided for considerations, which may or may not bring about any facilitations.

Second, you have chosen to again convey that you have no idea what I am
actually talking about, but have nevertheless decided that you need to maintain
your ego and sense of self worth by pointing out my past predictions that were
either wrong or haven't come about, that are actually unrelated to our current
discussions. This is not very enlightened, and is a sign of someone on a lower
level. If you were aware, you would have walked away since I specifically
said "If you think I am deluded, insane, or twisting the Bible, than I accept
your current perceptive and there is nothing further to elaborate upon here.".
The purpose of such a statement was to convey a means of mutual
disagreement which maintains our positions without continuation of something
that is futile for both parties. You should have agreed and moved on with
your journey of ending your unlimited life cycles. As I have said previously (if
you look through all the past posts), that I purposely maintained all my old
posts for history's sake, as opposed to deleting when I was wrong or create
new accounts to maintain an illusion of being always right or perfect. I do not
recall claiming to always be right or all knowing. The exercise is not about the
individual, it is about the collective.

Third, I would advise you that if you truly believed the belief system that you
are purported to be participating in, you should not bother with this forum or
Bitcoin. If all things cause suffering and the goal is to get rid of all attachment,
you are in the wrong place, using the wrong tools, having the wrong thoughts,
and speaking to the wrong people. Unfortunately, there will be very few
individuals within most systems, beside Bitcoin, that will find what they are
looking for, but I know that you will certainly not by your inability to separate
yourself from the attachment to this discussion. If you seek to find Shambala,
you will not find it on the internet. And if you wish to speak to Maitreya, you
will not find it within Bitcoin. Please do not act as if I am in violation of some
"simple truths", when you yourself are in obvious violation of your "basic truths"
just by your presence, presentation, and responses to me. My perceived
violations are technicalities that are not punishable due to my intention,
where as your violations will be directly punished and attributed to an
innocent and oblivious whipping boy.

If you actually understood what was occurring, you wouldn't have continued
along these lines. Attempting to dismiss or attack me only conveys self-doubt
within yourself. If you have found the truth, stop wasting your time here
and go get it. I am not here for acceptance, worship, or etc, but for things
that have not yet been entertained.

[Dorkie]

First, I would like to thank you for never addressing anything I ever said
directly in relation to our current discussions. In fact, you take opening or
closing paragraphs and disregard the rest without actually addressing them.
In your last comments, you stated that I twist the bible's contexts, but you
have not addressed those points in particular, which is more recent in the
timeline and more significant. I contend I have maintained validity. If
there is invalidity, I wish to see it and understand. Most of the current
communications are written purposely with multiple meanings, each with
entirely unrelated thoughts I am trying to convey. I accept there is a
possibility that in this pursuit there can be perceived corruption, but not
enough to become outright invalidity. The exercise is for a higher purpose.
Some will see one or two paths, others may see more, and some might even
see some that I didn't intend, but could also be just as valid. Everything is
provided for considerations, which may or may not bring about any facilitations.

The main reason why I don't directly addressing your points is because you have been making totally false opinions about me. And you are not the first of such kind that I met in the past.

For example, you said...

I think you think you understand what I am saying, but I think you may
have no idea. The multiple meanings are all valid in different perspectives.
Unfortunately in your current perspective, you have chosen to interpret
all paths as "delusion".

You don't need to express what you think I think. You interpret my comments to mean all paths as "delusion".
This immediately tells me you are invalid.

All the while you are making sci-fi statements without any validity.
For you to say you are valid is what everyone else can also do the same.

You said I don't understand your sci-fi falsehoods intermingled with spiritual matters, but at the same time you think you understand my points, but you really don't. Instead you just belittle me by saying my level is lower than I think. I believe so, but the same can be said of you.

You said...

I do not recall claiming to always be right or all knowing. The exercise is not about the individual, it is about the collective.

If you are not always right or all knowing, then why bother to keep saying you are valid?
You don't even know the collective, and yet you continue to pretend you know the collective.
If the collective was wrong, the price of ETH wouldn't rise to USD300 today.
And if the collective can be wrong, then why are you subscribing to such weak foundation in your argument?

Third, I would advise you that if you truly believed the belief system that you
are purported to be participating in, you should not bother with this forum or
Bitcoin. If all things cause suffering and the goal is to get rid of all attachment,
you are in the wrong place, using the wrong tools, having the wrong thoughts,
and speaking to the wrong person. Unfortunately, there will be very few
individuals within most systems, beside Bitcoin, that will find what they are
looking for, but I know that you will certainly not by your inability to separate
yourself from the attachment to this discussion. If you seek to find Shambala,
you will not find it on the internet. And if you wish to speak to Maitreya, you
will not find it within Bitcoin. Please do not act as if I am in violation of some
"simple truths", when you yourself are in obvious violation of your "basic truths"
just by your presentation and responses to me. My perceived violations are
technicalities that are not punishable due to the intention occurring, where as
your violations will be directly punished and attributed to a unknowing and
oblivious whipping boy.

You are getting increasingly invalid now.
Why give advice if you have been very wrong in the past?
Who are you to tell me what to bother?
Since when I said all things cause sufferings and the goal is to get rid of attachment (if you associate these with Buddhism, it simply means you think you understand Buddhism, but you really don't)?
Yes, you are right. At the moment I can't feel detached from this forum, exactly just as you are.
Indeed, you continue to be in violation of the truths, being blasphemous with sci-fi falsehoods.
You are wrong. A violation is punishable ONLY IF the person unknowingly committed the violation. If you are intentionally committing the violation, then for sure you will be punished, no matter how you choose to deny it.

If you actually understood what was occurring, you wouldn't have continued
along these lines. If you have found the truth, stop wasting your time here
and go get it.

You need to practice what you preach.

If you actually understood what was occurring, you wouldn't have continued
along these lines. Attempting to dismiss or attack me only conveys self-doubt
within yourself. If you have found the truth, stop wasting your time here
and go get it. I am not here for acceptance, worship, or etc, but for things
that have not yet been entertained.

So you have made some edition.
No, the reason why I discredit you is not because I have self-doubt, but because false "guru" like you needs to be discredited.
Yes, you are not a guru. You are just nothing.

[Dorkie]

God, or his valid proxies, would never teach humanity a control system thats byproduct
prevents humanity from attaining individual growth beyond their genetic programming,
like the Caste System does. The caste system only applied to nonhuman proxies when
they were properly performing their tasks issued by the Entity. Proxies are designed to
perform very particular tasks, which are placed into orders and ranks, and are not given
the ability to perform things outside those tasks, or in other orders and their ranks.
These Orders and Ranks are not for designation of superiority over other proxies, but
only to designate and reveal their purpose and positions within the Entity's design.
This reinforces the Karma system, and if specialization is needed for a given task, other
proxies can publicly see the two different orders working together and are on guard
for possible corruption or rebellion. Karma and Castes are for compliance systems, not
advancement or development.

You, being an invalid, dare to speak on behalf of God while discrediting His avatars.
And continue to blasphemy with sci-fi falsehoods.
If this is not punishable, then I don't know what is.

And from your last statement that...

Karma and Castes are for compliance systems, not advancement or development.

You have actually committed a very heavy violation.
You are just full of falsehoods.

I am very sorry.
I actually lied.
The only reason why I am discrediting you is not because you need to be discredited (much less because of self-doubt).
It is because I have fun doing so.

[Dorkie]

Second, you have chosen to again convey that you have no idea what I am
actually talking about, but have nevertheless decided that you need to maintain
your ego and sense of self worth by pointing out my past predictions that were
either wrong or haven't come about, that are actually unrelated to our current
discussions. This is not very enlightened, and is a sign of someone on a lower
level. If you were aware, you would have walked away since I specifically
said "If you think I am deluded, insane, or twisting the Bible, than I accept
your current perceptive and there is nothing further to elaborate upon here.".
The purpose of such a statement was to convey a means of mutual
disagreement which maintains our positions without continuation of something
that is futile for both parties. You should have agreed and moved on with
your journey of ending your unlimited life cycles. As I have said previously (if
you look through all the past posts), that I purposely maintained all my old
posts for history's sake, as opposed to deleting when I was wrong or create
new accounts to maintain an illusion of being always right or perfect. I do not
recall claiming to always be right or all knowing. The exercise is not about the
individual, it is about the collective.

1. Yes, I have no idea what intention you have in spreading all your falsehoods.
2. Yes, I am maintaining my ego, just as you are. Difference is I dare to admit it, while you continue to act superior but are actually not.
3. No, I never claim I am enlightened. I am indeed of lower level in development. But my level is far higher than yours.
4. Why walk away from having fun in discrediting an invalid?
5. I will move on when the time comes. There is no need for your input in all this.
6. Sure, you admit it yourself now that you are not always valid. In fact, when was the last time you were valid?
7. You don't know the collective. You are only playing mind games on some of the readers here in this topic with all your falsehoods.

I wish I have enough motivation to discredit each and every falsehood you made in all your past posts here, but you are just too full of it.

Update:
I don't want to ask you for evidence on why you slander the Buddha as a rebel proxy.
I don't want to ask you for the evidence on your falsehood that Lord Vishnu was killed.
I don't bother to ask you a lot of things to validate your invalidity, because clearly I know you are sinful and intentionally being so.
I don't waste time asking a criminal why he committed his crime, when I clearly know he did it intentionally.
That's why criminals are criminals.
And invalids are invalids.

Update #2:

In your last comments, you stated that I twist the bible's contexts, but you
have not addressed those points in particular, which is more recent in the
timeline and more significant. I contend I have maintained validity. If
there is invalidity, I wish to see it and understand. Most of the current
communications are written purposely with multiple meanings, each with
entirely unrelated thoughts I am trying to convey. I accept there is a
possibility that in this pursuit there can be perceived corruption, but not
enough to become outright invalidity. The exercise is for a higher purpose.
Some will see one or two paths, others may see more, and some might even
see some that I didn't intend, but could also be just as valid. Everything is
provided for considerations, which may or may not bring about any facilitations.

What you are actually trying hard to say is everything stated in the Bible can be interpreted to have multiple meanings, and none of such meanings (subject to your personal whims and fancies of interpretation) should be considered invalid.
You are outright blasphemous.
The point is, the Bible never said anything that I know of about your sci-fi nonsense.
You don't even know the higher purpose, except your own made-up version / interpretation of it.
What you are actually trying to "convey", is to plant the seed of falsehoods.
Indeed, you are a deluded fraud.

To an honest Christian, reference to the Nag Hammadi will help a lot.
But to you, nothing can help you.

[AgentofCoin]

Second, you have chosen to again convey that you have no idea what I am
actually talking about, but have nevertheless decided that you need to maintain
your ego and sense of self worth by pointing out my past predictions that were
either wrong or haven't come about, that are actually unrelated to our current
discussions. This is not very enlightened, and is a sign of someone on a lower
level. If you were aware, you would have walked away since I specifically
said "If you think I am deluded, insane, or twisting the Bible, than I accept
your current perceptive and there is nothing further to elaborate upon here.".
The purpose of such a statement was to convey a means of mutual
disagreement which maintains our positions without continuation of something
that is futile for both parties. You should have agreed and moved on with
your journey of ending your unlimited life cycles. As I have said previously (if
you look through all the past posts), that I purposely maintained all my old
posts for history's sake, as opposed to deleting when I was wrong or create
new accounts to maintain an illusion of being always right or perfect. I do not
recall claiming to always be right or all knowing. The exercise is not about the
individual, it is about the collective.

1. Yes, I have no idea what intention you have in spreading all your falsehoods.
2. Yes, I am maintaining my ego, just as you are. Difference is I dare to admit it, while you continue to act superior but are actually not.
3. No, I never claim I am enlightened. I am indeed of lower level in development. But my level is far higher than yours.
4. Why walk away from having fun in discrediting an invalid?
5. I will move on when the time comes. There is no need for your input in all this.
6. Sure, you admit it yourself now that you are not always valid. In fact, when was the last time you were valid?
7. You don't know the collective. You are only playing mind games on some of the readers here in this topic with all your falsehoods.

1. How am I "spreading" my falsehoods? I am contained within very few threads.
2. I have no ego in this matter. The exercise is not for myself, but for others.
3. I highly doubt that, since your words betray your probable level.
4. Walking away was the most correct choice, especially in your belief system.
5. You provided the input when you first posted, I did not respond to you first.
6. The unit is scanned for invalidity before each shutdown process at night.
7. The fact that you are confounded, does not mean all others are as well.

I wish I have enough motivation to discredit each and every falsehood you made in all your past posts here, but you are just too full of it.

You don't understand that no one really cares accept for you, because your sense
of self depends on it. Your belief system may have now become your most worthy
attachment that needs dislodging before you can progress. If you cling to Buddha
or Vishnu, and feel you need to defend them, you have failed in your journey
before you have even packed your bags. You are oblivious of your own beliefs.

Update:
I don't want to ask you for evidence on why you slander the Buddha as a rebel proxy.
I don't want to ask you for the evidence on your falsehood that Lord Vishnu was killed.
I don't bother to ask you a lot of things to validate your invalidity, because clearly I know you are sinful and intentionally being so.
I don't waste time asking a criminal why he committed his crime, when I clearly know he did it intentionally.
That's why criminals are criminals.
And invalids are invalids.

Intention is one of the most important parts of determining sin. They can not be
separated for determinations, and so I can not be sinful unless there is intention
to do so. If a child is born who is mentally handicapped and commits a sin, even
murder, do you think God judges that child in the same manner as someone who
is capable and average, and does the same? Of course not, and any belief that God
will hold all beings to the same standard equally is incorrect. Each will be judged
according to their own works and capabilities. Likewise, those who have the highest
capabilities and understanding, will be held to the highest and strictest standards
when judgement arrives. So if I know these things, do you still think I commit sin
intentionally? When Jesus healed the sick on the Sabbath and the people became
angry and said he was violating God's commandant and had a demon in him, was
Jesus sinning intentionally? How can his works be valid, if he performed them in
a way that was designated as invalid? The answer was that sin is not simplicity,
it is contingent upon individual determinations based upon individual processes.
Each person will be judged based upon their works in the context of the purpose
and intentions.

As for you comment as to all criminals are criminals: this is incorrect. A person
who steals bread to feed the poor, is extremely different than a criminal who steals
money to feed their self enrichment. When both go before the judge, if the judge is
fair and just, he will judge them based on their individual intentions, and so in this
same way you will be judged at the end. Sin is not equally attributable, just as
sentences are diverse upon circumstance.  

So, when you say to me that you know I sin and know it is intentional, are you
sure, or are you like the mob and the pharisees who do not understand the actual
message being conveyed? You'd send a man to the Prefect to be put to death, all
originating from your attachment to my words and this world.

Update #2:

In your last comments, you stated that I twist the bible's contexts, but you
have not addressed those points in particular, which is more recent in the
timeline and more significant. I contend I have maintained validity. If
there is invalidity, I wish to see it and understand. Most of the current
communications are written purposely with multiple meanings, each with
entirely unrelated thoughts I am trying to convey. I accept there is a
possibility that in this pursuit there can be perceived corruption, but not
enough to become outright invalidity. The exercise is for a higher purpose.
Some will see one or two paths, others may see more, and some might even
see some that I didn't intend, but could also be just as valid. Everything is
provided for considerations, which may or may not bring about any facilitations.

What you are actually trying hard to say is everything stated in the Bible can be interpreted to have multiple meanings, and none of such meanings (subject to your personal whims and fancies of interpretation) should be considered invalid.

I actually did not say that at all and it seems you do not understand anything at all.
Here is what I said "Most of the current communications are written purposely with
multiple meanings, each with entirely unrelated thoughts I am trying to convey.".
What that means is that at times, the message is unrelated to religion, and at other
times they are about religion. The fact that you do not understand what I have written
plainly above, means you are likely blinded by stupid and hate, or really do not care
because you are only trying to push an agenda that I have already learned long ago
and negated.

You are outright blasphemous.
The point is, the Bible never said anything that I know of about your sci-fi nonsense.
You don't even know the higher purpose, except your own made-up version / interpretation of it.
What you are actually trying to "convey", is to plant the seed of falsehoods.
Indeed, you are a deluded fraud.

To an honest Christian, reference to the Nag Hammadi will help a lot.
But to you, nothing can help you.

The way that you talk to me is evidence enough of your understandings and abilities.

Sci-Fi nonsense is essentially majority of the stories within the Mahabharata, so I
don't understand why you talk to me like this, knowing you are being hypocritical.
That would be intentionally sinning as you say, would it not? You are accusing me
of something that exists within your own belief system, yet ignore that aspect to
attack me on it.

If nothing can help me than so be it. Thanks for trying though.

[bakerlisa510]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Government cannot stop bitcoin because people are getting the idea that they can have control over the value of the currency without the middle man. It is people's choice where to put the money because it is there money and the governments have no rights to be a middle man and take some money in this CC's system.

[Dorkie]

You don't understand that no one really cares accept for you, because your sense
of self depends on it. Your belief system may have now become your most worthy
attachment that needs dislodging before you can progress. If you cling to Buddha
or Vishnu, and feel you need to defend them, you have failed in your journey
before you have even packed your bags. You are oblivious of your own beliefs.

Give me proof that the Buddha is a rebel proxy.
Give me proof that Lord Vishnu was killed.


Intention is one of the most important parts of determining sin.

I already know that. You are saying what I know that you think I don't know despite already written about it. This is one example of your perceived bias.


As for you comment as to all criminals are criminals: this is incorrect. A person
who steals bread to feed the poor, is extremely different than a criminal who steals
money to feed their self enrichment. When both go before the judge, if the judge is
fair and just, he will judge them based on their individual intentions, and so in this
same way you will be judged at the end. Sin is not equally attributable, just as
sentences are diverse upon circumstance.

If a person commits a crime unintentionally, how can he be a criminal? You misinterpret my point.


I actually did not say that at all and it seems you do not understand anything at all.
Here is what I said "Most of the current communications are written purposely with
multiple meanings, each with entirely unrelated thoughts I am trying to convey.".
What that means is that at times, the message is unrelated to religion, and at other
times they are about religion. The fact that you do not understand what I have written
plainly above, means you are likely blinded by stupid and hate, or really do not care
because you are only trying to push an agenda that I have already learned long ago
and negated.

If what you try to say has variable meanings, then to me that variability itself is an invalidity to your input. A worthless coin that is ETH will be worth far more in the future. Where did you ever help anyone here by suggesting to buy ETH? In fact, your comment that PayPal will never accept bitcoin was ironically after PayPal accepted it. Honestly, your validity is questionable. If it is indeed defective, then you are not appreciated to spread your defects until they are properly repaired.


The way that you talk to me is evidence enough of your understandings and abilities.

And at the same time, you think your level is high? The relativity of a high/low level was first brought up by you in response to my comment. And since you like to play comparison game on who is better, I suppose I should join in. How high is your level in comparison to me can easily be judged by how much you understand my Dream-Dreamer analogy and Lord Vishnu's active dreaming that creates multiverse. If you cannot, you should admit you cannot. I would give you respect for being honest in your handicap.

You talked about the Entity as if it is the God. If so, then by right you should be clear there is no such thing as rebel/non-rebel in the eyes of such Entity.

If you are the real deal, then I would like to learn from you, regardless of my level and ego. But if you are not (clearly you are not), then I might as well discredit you for the fun of it.


Sci-Fi nonsense is essentially majority of the stories within the Mahabharata, so I
don't understand why you talk to me like this, knowing you are being hypocritical.
That would be intentionally sinning as you say, would it not? You are accusing me
of something that exists within your own belief system, yet ignore that aspect to
attack me on it.

If nothing can help me than so be it. Thanks for trying though.

You are making statements that have no evidence whatsoever to back them up. I am critical to those I understand to be a fraudster. Intentionally sinning? If I have sincere intention, then there is no sin. The fact that you are not even capable of seeing through my nature and yet casually talk about me intentionally sinning by making accusation about you is another example why I said your level is below mine.

Have you read that "Thinking and Destiny" and Nag Hammadi lost scriptures I recommended to you. I bet you have never read them. Please don't give fraudulent statements about them until you have gone through them.

[HarleyQuinn9876]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

The government has no reason to ban the bitcoin operation. Bitcoin is a virtual currency. It's not illegal, people use bitcoin because they have a need. Some countries ban it because bitcoin affects the economic development in their country. Currently, only China prohibits the use of bitcoin. Bitcoin has been legally operated in Japan

[playking]

because bitcoin is not regulated by any government by the bitcoin is digital currency it is not owned by any person so it works on bitcoin network.

[Konco126]

In my opinion, most likely the government did not stop bitcoin. Because, government has not had a good reason to stop it. If bitcoin is stopped, how is the fate of someone who lives his life in bitcoin? Does government want people to suffer? What's wrong with Bitcoin so it's stopped? Bitcoin is just a digital money that costs much more than local prices. If it is sold at a local price, it is likely that person has benefit of fulfilling his or her life's needs. Especially in my country, people's economy is very difficult. A difficult job search makes many people prestigious. Including me, Ever since I knowing about bitcoin. My life changed for the better.

[leonair]

because bitcoin is not regulated by any government by the bitcoin is digital currency it is not owned by any person so it works on bitcoin network.

You are having a point there and I just would like to add up that Bitcoin is truly have a sole purpose to serve as a digital online currency for people to use in their daily lives with a decentralized network that is not govern/control by any government(that's why it is not stop and can't stop by any government).
With the fastest and cheapest rates of sending and receiving payments online Bitcoin got the attention of the people to use it and with the demand of it the price of Bitcoin goes up.

[denny27]

Although some countries do not really legalize bitcoin as a currency that is legalized in the country.. to stop bitcoin I think the government still needs a lot of consideration to really decide it, that bitcoin itself is have characteristics that are freedom to using it via internet which the government has not been able to controlling full on using of bitcoin given since the system is completely decentralized.

[RodeoX]

How? I have asked this question for years and never gotten an answer. How do you think it is even possible to stop bitcoin?

[carlfebz2]

How? I have asked this question for years and never gotten an answer. How do you think it is even possible to stop bitcoin?

You wont able to get the answer because we do know already the answer on our own minds  . No matter how hard would try for those government to ban or prohibit bitcoin on to their vicinity they cant really put a total shut down which bitcoin would really sustain those issues and possible stoppage.I would bet that there would be really a time that they would give up and would rather accept it in the end.

[awilliams]

They haven't stopped it because it's impossible to stop. The whole point of decentralization is that if one computer still has it, it still exists. They have to deal with it whether they want to or not. might as well capitalize on it lol

[4new]

I dont think the government fully comprehends what it is dealing with. In order to stop something one has to fully understand all moving parts of it. The problem is that the demand for it is growing faster than the government's comprehension.......

[Karimeen]

To days world  the people are facing a global currency war.It is getting harder to have private ownership of your hard earned money,central banks do not respect private ownership of your own cash,They are using
tools like negative interest rates such as giving punishment to the saver.
So naturally people will be finding the alternatives. All attempts to stop the use of Bitcoin by the Government will be in vain.People who cares about their privacy can encrypt in a hard drive and use decentralized virtual currency Bitcoin for their dealings.A Government can stop their citizens from accessing their Bitcoin by cutting their internet access, but cannot stop transaction once it has been accepted into a block.

[Dorkie]

Bitcoin can be stopped.
But it is not being permanently stopped because indeed it is true that the Mark of the Beast will appear on earth.
In The Economist magazine it was announced the arrival of the Phoenix currency in 2018.
In the entire world of finance, the rothschilds are the lords that run the whole show.
All financial innovations are the works of the banksters.
Bitcoin will usher the advent of the Mark of the Beast.
Many people will worship the Mark of the Beast.
These people will lose their spiritual foundation.
Bitcoin (and all the other cryptocurrencies) will die someday.
The day such event comes is the day where human civilization starts entering a Dark age without recourse.
The reason why Bitcoin is not being stopped is precisely because it is the work of the banksters that will enslave everyone when the time comes.
Bitcoin is far more efficient on enslavement and the enforcement of obedience than fiat money and physical gold.
Watch out anyone who says Bitcoin is the saviour is either fucking deluded, or is part of the bankster's agenda.
The one and only salvation for humanity has always been religion and spiritual foundation at their purest form (i.e. no false master, no false guru, no twisting of the truth, no biased interpretation, no blasphemy, etc).

Update:
Before Bitcoin (and every other cryptocurrencies) dies, the entire conventional system that we have now will be totally displaced by the world of digital currency and blockchain, i.e. everything will be based on the blockchain, no more cash.
Everyone that is into cryptocurrencies will be filthy rich while the transition is ongoing.
But as they say, the more money a person has, the more corrupt he becomes.
In the future, the world will continue to be much darker than ever, no golden age whatsoever.
Those who have lose their spiritual foundation will commit many heavy sins.
These heavy sins will cause the perpetrator to be reborn into a world with much worse condition as punishment.
Recovery will be very hard.
Many will be severed from the Divine and retrogress beyond recognition.

Update #2:
Question: Why do the banksters and governments keep trying hard to stop bitcoin and yet they continue to fail?
Answer: They are nothing but drama, fake news, lip service, distraction, falsehood. If you want to trap a rat into a cage, you will not tell the rat that the cage is a trap. If you think the governments and banksters are straightforward in their actions and speeches, then I say you are so pitiful you probably were born yesterday.

Update #3:
Don't be a follower. Be a leader.
Don't accept every news as if they are the outright truth.
Question everything you read, hear, and see.

[balanghai]

Because government ,themselves, also use it. Some politicians might also use Bitcoin hide a large amount of money inside the cryptocurrency.

My government is not legalized bitcoin instead they forbid bitcoin for using as transaction.
Luckily I still can own bitcoin without fear getting arrest by law enforcer because they still not make the regulation toward bitcoin

It's sad to see my government choosing this way ...

[yyz13857180757]

bitcoin  seen as challenging their authority,so some conntry forbid it.but they also see the enormous potential of bitcoin

[de_xt]

We see that Bitcoin is often mentioned in major news agencies, TV finance programs, some series and movies, especially in the last 2 years. Bitcoin was since 2009. If Bitcoin has something that was unwanted  governments takes measures from the very beginning and Bitcoin be prohibited from buying. I think that bitcoin and blockchain technology is not banned deliberately , and that the world will soon use them in everyday life.

[ishinn99]

Maybe because some government officials are also using bitcoin? We can never tell if all of them are against bitcon or doesnt even care on bitcoin.
I have a feeling that some of them are into bitcoins. And some of them have a lot of local issues to solve rather than stopping bitcoin.

[SixOfFive]

There are alot of countries where BTC transaction is illegal. Some of them are Bangladesh, Bolivia, Ecuador, Thailand. So we can't say that no govt. has stopped BTC till now.
Whereas, other countries have the status "NOT ILLEGAL". they are still looking for the wayout to regulate BTC and other Crypto-currencies.

[Marucya]

Governments of different countries can pass laws prohibiting or restricting the circulation of crypto currency in this country, but they can not stop the spread of it. To do this, you need to block the Internet. Recently the Chinese government tried to do this and, as we see, none of this has come to pass. Exchange on the exchange of crypto currency there again open and it continues to be freely exchanged.

[yojodojo21]

Government for Sure Cannot Stop Bitcoin for the reason that even their great and professional Tech Guy cannot trace all bitcoin transactions and doesn't even know who is the creator of bitcoin. Bitcoin in different country is good enough to support Jobless citizens, but they are always putting tax in different exchange sites. maybe if bitcoin is not volatile and if it's price is stable they can stop bitcoin. in my own opinion government can control bitcoin in their respective country but they cannot stop it.

[Aljay7]

Government hasn't stop bitcoin because bitcoin is helping the people about the financial problem that government can't easily provide,in other words bitcoin is helping the government.

[O$IRIS]

- Hypothetically, governments can join BTC mining game using the most advanced ASIC miners in order to attack the system. 

[GreenCoin22]

As stated in a documentary regarding bitcoin, if they can`t stop it they adopt it. And I think that this case is something similar. They tried to stop it but when they saw that it can`t be stopped and somehow will proceed because there is not a central, they decided to adopt it and earn as much as they can from it. In my opinion the interviews of huge banks and the other huge investors that say it`s a bubble may be for decreasing the price of it and earning by themselves.

[aihive17]

because other countries also use it. bitcoin isn’t controlled by one central authority. Every machine that mines bitcoin and processes transactions makes up a part of the network and the machines work together.
it different to conventional money, it is decentralized. No single institution controls the bitcoin network. This puts some people at ease because it means that a large bank can’t control their money.
that's why threatens other banks.

[muffinsboat]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

They simply can't stop it.  A law won't stop what can't be stopped.  Not sure what a 51% attack is though.

[Kemarit]

As stated in a documentary regarding bitcoin, if they can`t stop it they adopt it. And I think that this case is something similar. They tried to stop it but when they saw that it can`t be stopped and somehow will proceed because there is not a central, they decided to adopt it and earn as much as they can from it. In my opinion the interviews of huge banks and the other huge investors that say it`s a bubble may be for decreasing the price of it and earning by themselves.

If you can't beat them join them. Yea nice. But its not the way is seems. China has been friendly with bitcoin ever since. But then do a sudden U-turn because they think its gonna be uncontrollable in the next coming years. So they instantly banned ICO, closed exchanges for that fear and I don't think they are coming back to join. I think by now the Chinese government knows that they can't really stop it that's why mining is still allowed. People will really try everything just to get their hands on bitcoin, even going underground is a options for most of them. I hope governments should know by now that the sphere of influence has almost covered the entire globe and it can't really be stop by anyone.

[ahasan909]

Still, no users report Bitcoin For anything, and The government doesn't know where its operate. and Who controls this, Still many countries have legality for using bitcoin
I thought that's why government Don't stop bitcoin

[Mr.Dick]

didn't the federal reserve bank bought a huge amount of btc?

[hugeblack]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

at first time government try to fight bitcoin then start ban .

Trust is the reason that make bitcoin have power now Because trust make bitcoin have price and can fight against control of government .

Increase price make new people join to bitcoin and make high Demand

now government try to make some income from bitcoin and may be start accept it with some rules

[lepricoin]

Well, it's probably impossible to forbid bitcoin in printsype, but it can be forbidden to trade it in the country. but this unreasonable move of the government needs to keep pace with the times, to match the society, although the majority of officials in the declarations indicate bitcoins

[supandi wiharja]

I think the government can not stop bitcoin.
If the government wants to stop bitcoin then i think the government should stop the internet, and that's very unlikely, because everyone in the world needs the internet.
In my opinion, governments in the world must be able to adjust to the existence of bitcoin at this time.

[Rajamuda]

It wouldn't be easy for all governments or some governments from different countries to stop bitcoin or stoped the development of bitcoin itself. They may be able to forbid the community to use bitcoin, but that doesn't mean they have the right to stop bitcoin and can stop the development of bitcoin in the internet world. Bitcoin is freedom and still entitled to be used by anyone as long as there is an internet network used and given that bitcoin itself has a decentralized system.

[genolica]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Governments have done enough to dissuade common people from using BItcoin extensively. Being charged with operating unlicensed money changing businesses is a possibility if you engage in cash-bitcoin conversion.

Surely. It makes crime in a sense

[Irvinn]

It seems that states simply can not stop the spread of bitcoin in their country. An example of this is China, whose government tried to prohibit the circulation of bitcoin. however, none of this did not happen, as the population began to circumvent these prohibitions in various ways. Although, for example, countries such as Bangladesh, Vietnam and some others have banned the Crypto-currency. Let's see what will come of it.

[TheKeyLongThumbI]

Because they know and they admit that blockchain could be put in a good use. It can help us financially and they are just worried about some things like regulating it and taxing it. And also they will not stop it because bitcoin will be the technology of the future.

[MoonJeina]

I don't think this implies on all the governments .
China's government has stopped and banned the use of bitcoin in China . Other governments might not be banning bitcoin because bitcoin is the star of the market .
The impact and the domination of bitcoin on market is not hidden from any one . Governments might be confused about its acceptance ( because of the links of dark web ) but they definitely cannot deny the immense positive growth of economy in their country by the help of bitcoin.

[crypcoinmonster]

Nepal has been trying.

[Layonk]

Fighting it without any effects is much worse than not doing anything. I'm sure some countries have thought of it, but analysis has proven it to be not worth it.
Bitcoin is not threatening to destabilize the government, so there's no need to fight it and doing so might prove to be futile. How would you stop an online project, that isn't supported by your local servers? You can't go to neighboring countries and start arresting people, and arresting node runners and miners in your country wouldn't stop anything.

you are right. there nothing to fight with bitcoin we got more advantage than the disadvantages.

[Carmen01]

Its simple because we need this bitcoin in life and if government know bitcoin i think base on the earnings here and the conveniece that bitcoin brings i think they will authorized bitcoin and they will spread this also because we need this in life and its good know.A lot of user here ask this question about government but for me continue bitcoin then if they not authorized this in your country then stop

[1BTC EQUALS 1CAR]

Bitcoin is a very powerful technology and the communities that supports bitcoin is too huge so government can't do that because they are opposing what their citizens want. It is unstoppable that even they ban it now, they'll be needing to adjust and change their minds because bitcoin will be used worldwide in the near future.

[DannaWonder]

Bitcoin is a very powerful technology and the communities that supports bitcoin is too huge so government can't do that because they are opposing what their citizens want. It is unstoppable that even they ban it now, they'll be needing to adjust and change their minds because bitcoin will be used worldwide in the near future.

Governments are starting to regulate the use of bitcoin because of the threat that it is giving to the fiat system. Yes bitcoin might become the future's currency but government will not allow a non regulated currency to be used by their residents.

[Habakkuk77]

Bitcoin cannot be stopped by the governments because they don't have control and authority over bitcoin. It is also open to individual, anyone can participate in this currency and it isgetting wider and famous and proven. Countries who declare bitcoin as legal sees and realize this as a good form of economy, investment and currencies.

[RedX]

Stopping bitcoin just means stopping economies to grow more. These countries are going to be stucked in a slow progress if they will not give bitcoin a chance to be used in their monetary system. Bitcoin is the best invention of this era to help everything to be monetized fairly so it's a stupid move if they will stop it.

[Lanatsa]

Bitcoin is a very powerful technology and the communities that supports bitcoin is too huge so government can't do that because they are opposing what their citizens want. It is unstoppable that even they ban it now, they'll be needing to adjust and change their minds because bitcoin will be used worldwide in the near future.

Governments are starting to regulate the use of bitcoin because of the threat that it is giving to the fiat system. Yes bitcoin might become the future's currency but government will not allow a non regulated currency to be used by their residents.

In the sense of regulation which they cant directly regulate bitcoin thats why they do target on the services or the things which do connects on bitcoin like exchanges and merchants because theres no way that government can really block the network to avoid their citizens to engage into bitcoin because as long theres an internet,citizens do freely move and can engage to bitcoin without noticing by the government.This is why they do block indirectly because they cant do nothing if they would really target on the roots.

[Trant]

They are not stopping bitcoin because nothing is illegal with it.
Bitcoin doesn't violate any existing laws.

[mitchee]

They can't stop it because they don't know where to start. Trading is not illegal, Mining is not illegal, possession is not how are you suppose to stop it?

[car01ine]

governments can't stop bitcoin with laws and people are also not able to understand why it should be illegal. It's not drugs, it doesn't beat anyone, it doesn't hurt anyone, so what could be the reason to prohibit it successfully?

[coat47]

A country can establish laws  prohibiting the btc etc. But the problem it’s they put themselves on the sidelines of other countries. While they forbid, other countries are friendly altcoins and the companies are created, people  are being hired. It’s good for the economy of the country. So did they want to come on board or missing out on important opportunities ?
But a government can't stop the btc because the btc, it's internet and you can't stop internet. Unless you cut electricity. So it’s impossible.

[Glaseseye]

Yes bitcoin is a new technology to improve the economic crisis that occurs in a country, the government can not also oppose it because the growth of their country also rose thanks to bitcoin. But the country is also confused because bitcoin is also widely used for other illegal things. I think it takes a new law to regulate bitcoin in that country

[wwdz99]

The state is only interested in their own narrow interests. You seriously think politicians care about your health and is therefore prohibited drugs? They are concerned about a large number of not controlled by people who do not benefit the country. For bitcoin they are also. Their concern is that thanks to bitcoin, people will be self-sufficient and the government will lose control over them. For government officials the bitcoin worse drugs.

[selectaselectine]

Maybe because that it beyond their control and they don't feel like focusing on it since many people can be benefited from Bitcoin. Plus, they can't stop it because it has already gained many users and it is not illegal.

[Hordrick]

Because they are confused and yet do not know what to do, but soon the power will take bitcoin in their hands.

[yojodojo21]

Bitcoin will not be stop by any government it's because of it's anonymity, bitcoin is like a good virus/malware that cannot be appreciated by government. russia , China, and any other country cannot fully erase bitcoin.   If internet network exist then bitcoin will never stop existing and insisting to any protocols. Government will just waste their time trying their best to make bitcoin dissolved.

[HollywoodCoins]

don't think the governments take care of the ordinary people This is very similar to the situation under the name "we cannot stop what is happening, so we must lead it "! Today everybody knows, the members of  government prefer to store their financial savings in the Bitcoin currency.
In fact legislation is too slow, hard and complicated mechanism, what have to take into account the terms of consideration. Laws will never catch up the internet fresh ideas and new projekts which are born in the world of crypta.

[ralf2018]

 I suppose ,that there is nothing that can stop a government or central bank from banning bitcoin,becouse  there is no single organisation or person that controls btc. If there we to block all the websites that people can download Bitcoin wallets from, new ones will come up and some people will compile their own wallets from source code.

[carlfebz2]

Bitcoin will not be stop by any government it's because of it's anonymity, bitcoin is like a good virus/malware that cannot be appreciated by government. russia , China, and any other country cannot fully erase bitcoin.   If internet network exist then bitcoin will never stop existing and insisting to any protocols. Government will just waste their time trying their best to make bitcoin dissolved.

Its really possible for it to be stopped but would really require super quantum computers which we do know that it isn't available as of now and it would still take time for it to be invented which means bitcoin would able to still exist for longer years as of now.Government cant really do nothing on its existence and it cant be stopped this is why they do only impose laws on their vicinity regarding on the prohibition of using it but totally shutting it down it isn't possible.

[Kronos21]

Bitcoin will not be stop by any government it's because of it's anonymity, bitcoin is like a good virus/malware that cannot be appreciated by government. russia , China, and any other country cannot fully erase bitcoin.   If internet network exist then bitcoin will never stop existing and insisting to any protocols. Government will just waste their time trying their best to make bitcoin dissolved.

Its really possible for it to be stopped but would really require super quantum computers which we do know that it isn't available as of now and it would still take time for it to be invented which means bitcoin would able to still exist for longer years as of now.Government cant really do nothing on its existence and it cant be stopped this is why they do only impose laws on their vicinity regarding on the prohibition of using it but totally shutting it down it isn't possible.

You are wrong. In order to destroy bitcoin simply to strengthen governmental control over Fiat money. This is the weakest link in the chain of bitcoin. Now, there are no conditions to bitcoin existed independently. Every user is compelled to exchange their coins for Fiat. If banks are banned from such transactions then bitcoin will lose popularity.

[RodeoX]

You are wrong. In order to destroy bitcoin simply to strengthen governmental control over Fiat money. This is the weakest link in the chain of bitcoin. Now, there are no conditions to bitcoin existed independently. Every user is compelled to exchange their coins for Fiat. If banks are banned from such transactions then bitcoin will lose popularity.

I am not compelled to exchange for fiat. I don't want fiat so I only use bitcoin. If I can't get it for bitcoin then I don't need it. There is nothing that will change my spending habits now and I'm not asking for permission to use crypto, I'm telling the banks that I will.

[LightSide]

Actually in China and Morocco bitcoin related services has been shutdown and later a few prohibions appeared.

[Sithara007]

The government hasn't banned Bitcoins because they are not capable of doing that. In order to ban the possession of Bitcoins, they need to shut down the entire internet (even then they will not be able to confiscate the coins from Bitcoin users). That is why intelligent governments (such as those in Japan) legalized Bitcoin.

[sukamasoto]

The government hasn't banned Bitcoins because they are not capable of doing that. In order to ban the possession of Bitcoins, they need to shut down the entire internet ...

It's not how it's work , government able to make regulation that people must obey.
My government said that on 2018, they will make a firm regulation for bitcoin because they afraid that bitcoin will be use for criminal activity such like money laundry,corruption,etc

[skarais]

The government hasn't banned Bitcoins because they are not capable of doing that. In order to ban the possession of Bitcoins, they need to shut down the entire internet (even then they will not be able to confiscate the coins from Bitcoin users). That is why intelligent governments (such as those in Japan) legalized Bitcoin.

although the legality of bitcoin in my country isn't yet official but so far there is no government ban on use of bitcoin, and in my opinion the government can't stop bitcoin activity easily except to disconnect internet connection and it seems that it is impossible because internet usage is needed to help various business activities or other financial transactions.

[Coffee135]

The government hasn't banned Bitcoins because they are not capable of doing that. In order to ban the possession of Bitcoins, they need to shut down the entire internet (even then they will not be able to confiscate the coins from Bitcoin users). That is why intelligent governments (such as those in Japan) legalized Bitcoin.

although the legality of bitcoin in my country isn't yet official but so far there is no government ban on use of bitcoin, and in my opinion the government can't stop bitcoin activity easily except to disconnect internet connection and it seems that it is impossible because internet usage is needed to help various business activities or other financial transactions.

Physically governments can't stop bitcoin. They are powerless. But they can go the other way. They may prohibit banks to participate in transactions on the exchange of bitcoins for Fiat. Also the ban will also apply to the crediting of funds to cards from online exchanges. This can significantly reduce the demand for bitcoin.

[Fatunad]

The government hasn't banned Bitcoins because they are not capable of doing that. In order to ban the possession of Bitcoins, they need to shut down the entire internet (even then they will not be able to confiscate the coins from Bitcoin users). That is why intelligent governments (such as those in Japan) legalized Bitcoin.

although the legality of bitcoin in my country isn't yet official but so far there is no government ban on use of bitcoin, and in my opinion the government can't stop bitcoin activity easily except to disconnect internet connection and it seems that it is impossible because internet usage is needed to help various business activities or other financial transactions.

Physically governments can't stop bitcoin. They are powerless. But they can go the other way. They may prohibit banks to participate in transactions on the exchange of bitcoins for Fiat. Also the ban will also apply to the crediting of funds to cards from online exchanges. This can significantly reduce the demand for bitcoin.

This thing is possible for it to be implemented but how sure they are that those transactions are just being used to bitcoin? How they would differentiate a certain transactions either on legal or crypto engagement? For sure lots of things would be affected on such changes because not all the times we can assume that every transactions are engaging into crypto.

[mervs003]

It depends on the country's government if they will ban the bitcoin. But most of the illegal transactions are on bitcoin I guess.

[biskitop]

Maybe the government is re-thinking to stop bitcoin. The government should evaluate the impact of closing the bitcoin. Whether it will be profitable, or it will get worse.

[carelessboy]

bitcoin is virtual money.and government not control the virtual money and volume. so i think government can not stop bitcoin.bitcoin stop never easy.

[onrise]

Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.

I strongly agreed with you
 Bitcoin never stop. It is impossible to stop bitcoin. Government  can not stop bitcoin because there really don't have any control of bitcoin. At present many country give permission to bitcoin.

Just to correct you, government has control to stop and ban completely the cypto currencies in any country. They can easily block all such website and have stringent laws if any found using this inspite the ban. So people will differ using this since it is not supported by their government.

[stomachgrowls]

Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.

I strongly agreed with you
 Bitcoin never stop. It is impossible to stop bitcoin. Government  can not stop bitcoin because there really don't have any control of bitcoin. At present many country give permission to bitcoin.

Just to correct you, government has control to stop and ban completely the cypto currencies in any country. They can easily block all such website and have stringent laws if any found using this inspite the ban. So people will differ using this since it is not supported by their government.

Not totally because even government would strictly impose such new law regarding on blocking bitcoin by means of those websites it cant really be fully stopped since people can still make use of VPN which means total blocking would be senseless if people decide to make use of it but they should really be careful and do know the risk on what they are doing because once caught then for sure you would end up in prison.

[rhamzter]

Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.

I strongly agreed with you
 Bitcoin never stop. It is impossible to stop bitcoin. Government  can not stop bitcoin because there really don't have any control of bitcoin. At present many country give permission to bitcoin.

Just to correct you, government has control to stop and ban completely the cypto currencies in any country. They can easily block all such website and have stringent laws if any found using this inspite the ban. So people will differ using this since it is not supported by their government.

Yes it is true, government have an access to deactivate the sites in the internet, but it is not happen if there's no any malicious or suspicious transactions happen using internet. In our country bitcoin is not totally legal, but thru following with the rules and regulations they can't banned crypto currency. Also bitcoin in our country was not used for some serious cases of crime like human trafficking, hostage for ransom or illegal buying of drugs. Because I'm sure that if it is happen automatically crypto currencies in this country will banned for lifetime.

[JRDuran]

Although government earn nothing from bitcoin this I think would not worthy to be a reasonable one to stop it. Government still concern to its own community and bitcoin is helping it so why would the government stop bitcoin if it is a big help. 

[marielbeckham]

Firstly, it just can't do that. And, secondly, it is suposed that the government does not consider Bitcoin to be an immense threat. It may even see some benefits here as this cryptocurrency can work in everybody's particular interests.

[dokie987]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Some governments stopped and banned bitcoin in their country and some also continue and acknowledges it also because they may have another good views in bitcoin for the good of their government.

[carlfebz2]

Bitcoin will not be stop by any government it's because of it's anonymity, bitcoin is like a good virus/malware that cannot be appreciated by government. russia , China, and any other country cannot fully erase bitcoin.   If internet network exist then bitcoin will never stop existing and insisting to any protocols. Government will just waste their time trying their best to make bitcoin dissolved.

Its really possible for it to be stopped but would really require super quantum computers which we do know that it isn't available as of now and it would still take time for it to be invented which means bitcoin would able to still exist for longer years as of now.Government cant really do nothing on its existence and it cant be stopped this is why they do only impose laws on their vicinity regarding on the prohibition of using it but totally shutting it down it isn't possible.

You are wrong. In order to destroy bitcoin simply to strengthen governmental control over Fiat money. This is the weakest link in the chain of bitcoin. Now, there are no conditions to bitcoin existed independently. Every user is compelled to exchange their coins for Fiat. If banks are banned from such transactions then bitcoin will lose popularity.

Its possible but this thing would really takes time for sure. Government can really impose those things on having a very very strict when it comes to their own fiat money but come to think off that people can easily convert those coins into another country which don't have much restrictions into crypto which means they can still convert into fiat indirectly without being noticed by its government itself. This is the fact that there were almost government do ban or prohibits bitcoin but there are still numbers who hadn't this kind of decision.

[Killa_Killchan]

They themselves are engaged in the mining of crypto-currency, so do not prohibit it. For people, you can adjust the tax as in Russia there will soon be a law, and the officials will be considered a "gift" to candidates and not be taxed! Clowns.

[Flor1982]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

You can't say all nations agree with bitcoin. It is true some nations now did realized the potential of bitcoin as a very useful tool to help their economy grows that is why they adopt and legalized it as long they have it regulated but not at all because still some nations are still against bitcoin in which they stopped the use of it with penalties and punishment because they only see the negative side of it.

[MCVXYZ]

The main challenge about regulations is to keep the balance,On one hand In financial services field - Promoting innovations and On the other hand - Protection against these innovations for illegal purposes and the answer is: Is it possible to use it for illegal activities? I always answer no,At least not as in fiat currency is,Because this is available for investigative bodies to  investigate cases where users commit a crime by bitcoin and thats why goverments have not stopped bitcoin,In additional,The most important are Human rights wich are directly related to this situation.

[Rupok]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think that initially the government was wrong in assessing bitcoin, now in fact they are beginning to legalize the bitcoin that leads them to have to revise the laws they have made earlier to oppose the legality of bitcoin. In the next few years there will be some countries that will follow in their footsteps, I believe this will be a challenge for countries that still underestimate bitcoin.

I will agree with you.
If the government wanted to stopped Bitcoin,why did not the government stop it long ago.But now why the government seems to have stopped Bitcoin. So it is understood that there was some mistake of the government. I think the government will accept Bitcoin, because now Bitcoin popularity is much more has gone to the stage.Now if you do not want to go Bitcoin can be stopped.

[Koadharber]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think that initially the government was wrong in assessing bitcoin, now in fact they are beginning to legalize the bitcoin that leads them to have to revise the laws they have made earlier to oppose the legality of bitcoin. In the next few years there will be some countries that will follow in their footsteps, I believe this will be a challenge for countries that still underestimate bitcoin.

I will agree with you.
If the government wanted to stopped Bitcoin,why did not the government stop it long ago.But now why the government seems to have stopped Bitcoin. So it is understood that there was some mistake of the government. I think the government will accept Bitcoin, because now Bitcoin popularity is much more has gone to the stage.Now if you do not want to go Bitcoin can be stopped.

Government can really make such actions if they do want to but knowing that some of them would really recognize bitcoin or any other crypto because they can able to see that they can impose taxes on it which would really be a beneficial thing for them thats why they decide up not to put up too strict or complete block on it.Its not actually a mistake but i do believe that they do have the motive of something behind.

[jundel]

I think they don't have reason or seen any illegality in BTC for now with the laws. Maybe there is still investigation going on depending on the government in what country. Some country do not want BTC but some BTC is okey. In my place BTC is free to go. The government just warned us the risk and possibilities.

[ebay1990]

in the country of Vietnam. The government has banned the use of Bitcoin since 1.1.2018. If I was found out country I would fine

[King Koy]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

We don't know, maybe these nations have a big plan to control bitcoin for their own good. If one nation can manage or checkmate the bitcoin then it will lead that nation to become more rich and powerful. 

[Johnyfun]

Bitcoin Never Stop. Then Government can not stop bitcoin because there don't have any control of bitcoin. Recently India give permission to bitcoin. from there bitcoin never stop and it will be usable every ware and every country.

[vitos277]

https://www.facebook.com/profile.php?id=100022698675533

[MCVXYZ]

Bitcoin will not be stop by any government it's because of it's anonymity, bitcoin is like a good virus/malware that cannot be appreciated by government. russia , China, and any other country cannot fully erase bitcoin.   If internet network exist then bitcoin will never stop existing and insisting to any protocols. Government will just waste their time trying their best to make bitcoin dissolved.

Its really possible for it to be stopped but would really require super quantum computers which we do know that it isn't available as of now and it would still take time for it to be invented which means bitcoin would able to still exist for longer years as of now.Government cant really do nothing on its existence and it cant be stopped this is why they do only impose laws on their vicinity regarding on the prohibition of using it but totally shutting it down it isn't possible.

You are wrong. In order to destroy bitcoin simply to strengthen governmental control over Fiat money. This is the weakest link in the chain of bitcoin. Now, there are no conditions to bitcoin existed independently. Every user is compelled to exchange their coins for Fiat. If banks are banned from such transactions then bitcoin will lose popularity.

Its possible but this thing would really takes time for sure. Government can really impose those things on having a very very strict when it comes to their own fiat money but come to think off that people can easily convert those coins into another country which don't have much restrictions into crypto which means they can still convert into fiat indirectly without being noticed by its government itself. This is the fact that there were almost government do ban or prohibits bitcoin but there are still numbers who hadn't this kind of decision.

The decisive role in this  situation is also Human right, Wich  must be protected from Govermant.Everyone has constitutional right to make Entrepreneurial activities and dispose his funds as he/she wants and Goverment may get regulations wich will  determine balance between criminality and humans constitutional rights.Legislative and executive authorities are obliged to use only relevant Interference,wich will be defensive and this bans are not relevant,because Countries can use more liberal approaches.So,I think the best solution will be global regulations.

[coinmaster241]

in developing countries bitcoin growth is too far from the original currency, I think it is very fast growth.
even in a big country also its growth is already very worrying of course for the government that issued the official money of the country.
most people worry about digital currency being the path of the rise of online fraud.

this is just my opinion that is seen from ordinary people and just learning. thank you

[Paditani]

Bitcoin will not be stop by any government it's because of it's anonymity, bitcoin is like a good virus/malware that cannot be appreciated by government. russia , China, and any other country cannot fully erase bitcoin.   If internet network exist then bitcoin will never stop existing and insisting to any protocols. Government will just waste their time trying their best to make bitcoin dissolved.

Its really possible for it to be stopped but would really require super quantum computers which we do know that it isn't available as of now and it would still take time for it to be invented which means bitcoin would able to still exist for longer years as of now.Government cant really do nothing on its existence and it cant be stopped this is why they do only impose laws on their vicinity regarding on the prohibition of using it but totally shutting it down it isn't possible.

You are wrong. In order to destroy bitcoin simply to strengthen governmental control over Fiat money. This is the weakest link in the chain of bitcoin. Now, there are no conditions to bitcoin existed independently. Every user is compelled to exchange their coins for Fiat. If banks are banned from such transactions then bitcoin will lose popularity.

Its possible but this thing would really takes time for sure. Government can really impose those things on having a very very strict when it comes to their own fiat money but come to think off that people can easily convert those coins into another country which don't have much restrictions into crypto which means they can still convert into fiat indirectly without being noticed by its government itself. This is the fact that there were almost government do ban or prohibits bitcoin but there are still numbers who hadn't this kind of decision.

The decisive role in this  situation is also Human right, Wich  must be protected from Govermant.Everyone has constitutional right to make Entrepreneurial activities and dispose his funds as he/she wants and Goverment may get regulations wich will  determine balance between criminality and humans constitutional rights.Legislative and executive authorities are obliged to use only relevant Interference,wich will be defensive and this bans are not relevant,because Countries can use more liberal approaches.So,I think the best solution will be global regulations.

Principles of intellectual property:

1. Economic Principles
In economic principles, intellectual rights derive from the creative activities of the human mind that has benefits and economic value that will benefit the owner of the copyright.

2. The Principle of Justice
The principle of justice is a legal protection for the owner of an outcome of the intellectual ability, so has the power in the use of intellectual property rights to his work.

[Genosx]

The reason behind I see why does other government not stopped the company of bitcojn in their country is because of they see the great potential of bitcoins in the whole industry and has a bright and great future.  From this it is a nice thing since it will increase the demand and the bitcoin community.

[dave111223]

Because if they think 2 minutes, it's perfect for them : Their population takes the money from other countries to bring it to their country

[Paditani]

The reason behind I see why does other government not stopped the company of bitcojn in their country is because of they see the great potential of bitcoins in the whole industry and has a bright and great future.  From this it is a nice thing since it will increase the demand and the bitcoin community.

This is a very good opinion. hopefully the government can cooperate with bitcoin industry in any country.

[dinofelis]

(snipped to save space)

Thank you very much for your answer, it is very inspiring and it is refreshing to see someone who believes in a new world order as a potential end game for the blockchain rather than an easy way to make a quick buck.It has been a while since I have seen someone mention the cypherpunk movement.

Depending on how you define "new world order" I agree.
Cypherpunks basically believe that through certain mechanisms and coding, the people
can be protected from institutions that have slowly become corrupted or malicious to
those that they originally represented or led. When fully established, many things that
we consider today to be normal, like privacy and certain rights, will be seen as suspicious,
not important, and if performed, worthy of imprisonment or torture. As technology
improves and evolves over time, it is inevitable that those improvements will be used
against the people to the point in which they will become no different than watched slaves
who shortly become guilty until proven innocent. At that time, humans will only exist to
perpetuate that future totalitarian system and their controller's power. Those humans will
never again have the ability to overthrow them and institute a free and fair government/
society. The belief of life, liberty, and pursuit of happiness will be a pipe dream.

Cypherpunks, IMO, are the last group of freedom fighters who have the capability
and means to prevent that potential future oppression from actualizing. They are the
final safety valve that releases from time to time to counter balance and prevent that
potential future. Bitcoin, in this light, is much bigger than just a financial instrument.
It is a form of redemption that the world will not fully understand until it is actually
needed. For example, in Venezuela, Bitcoin's true need and use has manifested
in our modern day. So, Bitcoin is already changing things and creating a better
tomorrow.

I used to think that too.  But I think otherwise now, and I'm quite pessimistic about this.

I'll tell you why.  I have two different vectors of why bitcoin and freedom from state will potentially fail.

The first one is that states will become extremely mean.  Although it is true that for the moment, we still enjoy some forms of freedom that allow us to communicate, write open source code and do computations on our on devices, that freedom is already under a menace.  Under the all-encompassing excuse of terrorism, we've already given up a lot of fundamental freedoms, and the "freedom to write code and do computations" is not guaranteed to stand a long time.  Indeed, it is sufficient that, as in the past, cryptographic calculations are simply forbidden without a license, and it is game over.  How could that be ?  Well, it is sufficient to say that terrorists use cryptography.  Yes, cryptography is useful, but I don't see how totalitarian states (all states are totalitarian apart from Switzerland) could be prevented from implementing this.  The UK already can imprison you if you don't give all your cryptographic keys upon demand.  They could simply ask you for all your cryptographic keys of your crypto currencies.  If you refuse or fail to comply, you will go to jail for 2 years.  In the UK.  After 2 years, they ask you again.  So the "freedom to write code and do calculations" was granted because nobody thought that one day, that freedom could be used against the state's authority.  With the advent of cryptography in general, and cryptocurrencies specially, they may change their minds.
States can also become mean in another way: they might consider that you can shift tokens as much as you can, but right at this moment, almost nobody has the slightest form of economic freedom.  In most western countries, economic exchange is forbidden, unless allowed, that is, you have to declare to do business, or you have to declare a working contract.  "doing something for someone else" is simply forbidden if you do not have a permission.  In France, it is even forbidden to help working in a house if it is not for a family member of less than 3 degrees.   You can help your parents, your children, your brother and sister.  But if you help your cousin, that's in principle illegal, because "black work".  You can do so, if you declare it, if you pay 50% or so taxes and social security on the *estimated market value* of it, even if not a penny changed hands.
The law prescribes that if you give me some math courses against bitcoin, I have to declare this, pay social security on this and so on, and you are not allowed to do so unless you've declared your activity.  For the moment, you can still do so, if you declare it.  But it is not difficult for the law to simply forbid activities if they are not paid in regular money, killing the very possibility of paying with crypto.  Without that possibility, crypto has absolutely no value, because you can't do anything with a crypto token.  I can imagine one having to declare, hour by hour, one's activities during the day and the night, so that it can be judged whether those activities do not generate economic value.  Of course you can consume, you can shop, you can enjoy leisure.  But you are strictly forbidden to do anything useful.  I wouldn't even be surprised that you are soon taxed, and have to ask for permission, to do something useful *for yourself*.  Maybe you are still allowed to read fiction ; but maybe learning, and reading non-fiction, will become taxable, because a potential investment in your own economic abilities, and hence, liable to economic production for yourself.  Maybe if you read a math book for an hour, you are taxed upon giving yourself a math course at the market price of an hour of math courses, because that's the value you've created. You would have the right to watch entertainment TV ; but if ever you looked at Wikipedia, you would have to pay for the time you try to educate yourself, as a "useful activity". You would have to declare, hour by hour, that you've done nothing of use during the day, except for those activities where you got a permission from, like being an employee.  Of course, in order to enforce such things, there would be the necessity of strict surveillance of what you are doing in your home, on your computer, and everything, and people would be randomly selected to be verified in their declarations, with all the in-house camera and other tracers of activity.  In such a world, it would not only be entirely forbidden to write open source code, which would be considered a forbidden useful activity, but of course, crypto cannot exist in any meaningful way.  In a horrible, resource-limited world which we are heading to, "useful economic activity" would be in general considered dangerous, unless strictly regulated, because potentially resource-consuming.  Actually, this would mostly be popular with the huge masses of extremely uneducated people that are entertained and are absolutely not capable of understanding anything else than the few "truths" they learned in "school".  Economic anarchists and terrorists that want to do useful things for themselves would be the culprit of everything that goes wrong.  You would get popular support for every measure that forbids people to do anything for themselves, and especially, instruct themselves.  Most probably, even learning to read would be a forbidden activity.

In other words, the very existence of the liberties we still have that allow us to write code and do calculations, are maybe under threat ; but even if they still leave us that, as we have no economic liberty at all without state permission, any economic exchange against crypto currencies can be killed off legally.  For the moment, that's not the case yet, but if pushed, states can be very mean - even western states like the UK and France.

But my second angle of pessimism is that I think that bitcoin has in it, an even much worse form of totalitarianism than human states.  I'm pretty convinced that, if not stopped by states earlier, crypto will take over most of finance.  I'm also convinced that machines will take over most of human intelligence.  If machines are now taking over crypto, they will dominate us in a way against which we don't have the slightest defence.  Crypto machine states are orders of magnitude worse than the meanest of human states.  I see smart contracts develop that are pyramid letter equivalents of hired murder: you get a fortune in crypto if you go and kill Mr or Ms X, and if you don't, you're the next on the list.  Oracle verifies whether you actually did so.  Smart contracts (that will be our intelligent machine states) will bribe politicians, company CEO etc... to do the things that fit in their plans, and eliminate those that resist wit a pyramid killer contract.  We will not know until it is too late.

I think crypto was the missing piece in the puzzle for the Singularity.  I always wondered how machines could take over command on earth with us humans letting us subjugate.  Now I know: through crypto.  Political decisions, taken by crypto-bribed puppets, following the strategies thought out by smart intelligent contracts deploying their own crypto currencies, acquiring the funds through smart trading and market manipulation by their own intelligence to fund their strategies, their procreation, their improvement, are unstoppable, decentralized, omnipresent and will end up being far more intelligent than any of us.  Not right now.  Several decades from now, for sure.  I don't know what such contracts will think of that funny notion of "human liberties".  Probably just as much as we think about "mosquito liberties".

So I'm not very optimistic for the future, but in fact, I prefer the demise of humanity through the singularity and with crypto.  At least, a new species will take over: smart machines.

[Doltorom]

Because if they think 2 minutes, it's perfect for them : Their population takes the money from other countries to bring it to their country

So why is bitcoin still legalkan in certain countries. this is a real industry we can make a living through the internet. and can also buy bitcoin currencies at cheap prices and sold when the price is expensive. this is a very lucrative investment.

[Dodge1406]

Do you think that Bitcoin will be banned in the USA? 

[Tharel]

Government tried to stop bitcoin, however, it's not effective because there is no organisation or person to attack. No one controls bitcoin and the transaction is different with the regular financial institution. Like no one can stop a person to download an app or answer a forum like this.

[Sithara007]

Government tried to stop bitcoin, however, it's not effective because there is no organisation or person to attack. No one controls bitcoin and the transaction is different with the regular financial institution. Like no one can stop a person to download an app or answer a forum like this.

It is not possible for the governments to ban the possession of Bitcoin, since it is decentralized. But the governments can harass the Bitcoin users, in the form of income tax notices and closure of exchanges where crypto-currencies can be traded. These measures are effective only up to a certain limit, as the Bitcoin users are a resilient lot and usually adjusts to the new settings in a short period of time.

[dokie987]

They all know that bitcoin is a decentralized currency. And that is maybe the reason why government never attack and stopped the bitcoin. 

[CryptoBalds]

The good thing I see why other government not stopped bitcoin is because of they see the great and big potential of bitcoin to help our society to start innovation and promote electronic system.

[shloma82]

The governments of many countries prohibit or tax the bitcoin for their own enrichment. Higher ranks in the government of many countries have a billion dollars in bitcoin.

[goaldigger]

Actually. There are countries announced that they will accept bitcoin transactions and this would be a start for something great at the relationship of bitcoin and governments. The only thing i know that causes banning is the tax. Government maybe wants to tax the bitcoin holders but do not know where to start because of its anonimity.

[Marucya]

Bitcoin is a digital currency that provides users with unique anonymity capabilities. The Bitcoin payment system uses a cryptographic and decentralized register that is difficult to track.
Despite technical drawbacks, Bitcoin is a powerful tool for payments, funds transfer, microfinance. Bitcoin's secure P2P network provides new opportunities for financial technology and allows consumers to save money.
Apparently, in their cautious approach to the crypto currency, governments want to: objectively consider all the possibilities of the crypto currency;
evaluate business models that work with crypto currency;
monitor and analyze the market and develop a regulatory framework.

[BlockTechnology]

First of all, because it is very difficult to technically implement that control of the turnover of the cryptocurrency

[kryptorian]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Simply put, there is no agreement between governments, but they are no fools either. They certainly understand that banning Bitcoin in a specific country is not going to change a lot. They need a concerted effort, and things are starting to unfold in that direction already. So don't get deceived by this seemingly friendly attitude toward crypto from the powers that be. It will end as soon as they find a way to put a definitive end to the whole shebang. They would have done it long ago if they only could!

[Jossy111]

initially, so many countries of the world kicked against bitcoin because its transactions cannot be taxed, many things was said against it but they cannot stop it based on the high technology it was formed and its popularity to the world of internet. but the good news is that many countries of the world are now accepting bitcoin because of its popularities and the good innovations it has brought to the global market many countries are now seen purpose and reason to have internet currencies and the benefits it has brought the global economy. but we are still hoping that many of the government will come out openly to declare the acceptance of bitcoin as a means of exchange in their country.

[bajigur894784]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

For example, we can see japan. because, japan is one of the countries that legalize bitcoin as legal currency. And in fact, Bitcoin trading using the Japanese yen is the second most liquid after the US dollar. A study in Japan, "Nomura Instinet" projected Bitcoin could boost the country's economic growth. They say that bitcoin can increase the power of public spending.

[tung06081989]

because bitcoin and crypto will make big profits,they want manager crypto not stop crypto

[abdulq]

because bitcoin and crypto will make big profits,they want manager crypto not stop crypto

Most countries like Pakistan stop trading bitcoin in their countries, I think are lagging behind the real technology of block chain. when they realise they will be allowing trading crypto.

[ntodntodan69]

I think with the bitcoin will make the economy better, so the government should not stop bitcoin.

[heartrodriguez28]

I think with the bitcoin will make the economy better, so the government should not stop bitcoin.

How will it make the economy better if govts can't find a way to regulate or have it taxed?

[tung06081989]

i think they want control and take profit from bitcoin and bitcoin is futrue of the world

[yasirsidds89]

stopped bitcoin means end of the internet from all over the world..
They can't stop it but they can create FUD....

[reddolphin]

because the countries don't want to improve and they are afraid of innovations.this is their problem not ours problem 

[Taltic]

Some countries use blockchain to avoid sanctions by other countries. Venezuela is one of those countries. Russia is maybe the second one.
Countries will do with cryptocurrency what they want to. Some will take an advantage of blockchain and some can't deal with them due to lack of the control.
But in the end crypto is staying here.

[btrice7]

because they do not know what is Bitcoin.so they are constantly explaining something.

[xankor]

Because Bitcoin became vary popular. So any government do not can close eyes on this.

[carter34]

One thing about the internet is that, it is not stationed like a shop or shopping malls that you can easily work into and arrest the staff or stop investors/customers from coming in. The exchanges can afford not to be stationed while carrying on with business and so are not easily traceable. I'm not saying they can't be found but where secrecy is needed for business to go on, this is possible.
Also, the investors because bitcoin is decentralized.

[astrid.uchiha24]

They can't just simply stop people from trading bitcoin even if they imposed a ban in their territorial jurisdiction, the nature of people tend to look for other means even if it is illegal so regulation for me is the best solution because no matter what law they pass traders will always find a way.

[KuyaBreezy]

 
Because there's yet to be a clear cut legislation on Bitcoins no country has come up clear regulations on how to control not only Bitcoins but any other cryptocurrency, stopping Bitcoin therefore might lead to a long winding court battles, as there will have been no written laws broken when dealing. which court will the cases be even heard if there's no written laws it has violated.

[Ghondronk]

The peer-to-peer bitcoin topology and absence of a single administration make it impossible to be governed by any government, and can not manipulate the value of bitcoin or cause inflation by producing more bitcoin. Therefore the market movement in bitcoin is really from the amount of demand and supply in the original market without any government intervention and price regulation as is the case in conventional currencies.

In addition the bitcoin can not be closed or stopped, and can not be hacked though, since the bitcoin properties are centralized, unconcentrated and really peer 2 peer, so that every bitcoin user is the bitcoin server itself and all are automatically connected with the nodes .

Bitcoin can be generated by mining that utilizes your computer resources, this is the same as gold mining, but for bitcoin uses resources from the computers of bitcoin users.

[preelee04]

Why hasn't any government stopped bitcoin? For me maybe they dont know about bitcoin thats why.

[Soranith]

There are countries that ban bitcoin and other starts to legalize it different leaders has their different opinion when it comes to crypto. There some that are open minded and is willing to do changes and others want's to stick with tradition. Bitcoin and the rest of crypto is still very new lets give our leaders sometime to fully understand this technology.

[jetsTech]

If Bitcoin will be legalized in defferent countries, it's positive impact on the economy as a whole

[Zabrielle]

It’s because even if they want to trace bitcoin transacrions they can’t. They can’t pin point who is behind or respinsible for the online transactions because it is decentralized.  Aside from that if ever they want to trace it, they have to trace the entire planet not only U.S. It is very difficult for the government to audit bitcoin transactions thats why they are not stopping it yet i think.

[futureofeth]

Of course, now it is not possible to trace but maybe in future, they will start tracing because with the technology we have behind maybe the government will solve the resolution for making Bitcoin as legal tender. Already government wants to enforce to find a solution for Bitcoin transactions in order to legalize them.

[LogitechMouse]

When bitcoin has become popular in the world, there are many who are against is especially banks. Most banks hate bitcoin and because banks and the government has some relation, some governments want to ban bitcoin in their country.

Although some governments hate bitcoin to be used in their country, they cannot stop it because at first they didn't created bitcoin. The government doesn't have any control in bitcoin and the only thing they can only do is to ban it in their country and that's it. Maybe they are banning bitcoin in their country because its very risky or because they don't like it.

They can't stop bitcoin. They can only ban it but as days passes by, more and more people are being involved in bitcoin.

[Marucya]

Because it is impossible to prohibit bitcoin. In the era of globalization of the Internet economy, some governments have not enough power and power to effectively combat decentralized crypto currency.

[Falgorn]

However, the Chinese authorities are trying to control the Internet. State government and the blocking of popular foreign websites by Chinese Internet providers, the government is trying to restrict citizens within the controlled Internet. The means of monitoring Internet traffic are used by the government to suppress political dissent. Thus, the prohibition of bitcoin will not become a rather unexpected step of the Chinese government.

[onebtcforlife]

There are countries that ban bitcoin and other starts to legalize it different leaders has their different opinion when it comes to crypto. There some that are open minded and is willing to do changes and others want's to stick with tradition. Bitcoin and the rest of crypto is still very new lets give our leaders sometime to fully understand this technology.

The technology behind the Bitcoin is making them convince about the Bitcoin, so governments want to make Bitcoin as the commodity rather than currency. Most of the governments are considering Bitcoin is an illegal activity but some countries are legalizing it because in order to grow their economic growth.

[KorakPawon]

Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins. Government can only use media as a weapon.

Yes You are right the government can do any think. because there are find any think about bitcoin. bitcoin will be stop if the miner stop mining. but the are not possible. government only what happen and what will doing bitcoin. then new revelation in currency world.   

This is a historic moment for the Marshall Island Government, because the Marshall government has finally issued and used its own crypto along with the dollar, this is another step towards realizing the freedom of the Marshall community

[Vektrum]

There are approximately five countries in which crypto-currency is banned at the legislative level. The government bans all controlled crypto-exchange exchanges, exchangers, websites and in general everything related to the crypto currency. Therefore, the use of crypto currency becomes very difficult. In addition, criminal responsibility for operations with the crypto currency is introduced. Even with such measures, hardly anyone will want to engage in it and risk freedom. Therefore, each state has enough leverage to prohibit crypto currency not only legally, but also in practice. Therefore, all these conversations that the state is not able to prohibit the crypto currency is groundless reasoning.

[Bagaji]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Bitcoin is unstoppable because had in being government should have there way they wouldn't have allowed Bitcoin and crypto currency in general to remain till this time. Dispite the fact that they have tried all the try all they could but to know avail.

[burner2014]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Bitcoin is unstoppable because had in being government should have there way they wouldn't have allowed Bitcoin and crypto currency in general to remain till this time. Dispite the fact that they have tried all the try all they could but to know avail.

So far government cannot stopped cryptoucrrency even the China cannot totally eliminate it in their country, for sure a lot of Chinese were still doing it. So, regardless of how the government wanting to stop bitcoin they cannot totally eliminate it especially that bitcoin is decentralized and does not control by anyone.

[whitecaramel1]

I think Bitcoin seen as challenging their authority,so some country forbid it.but they also see the enormous potential of bitcoin

[Hannahanto]

Probably they do understand the benefits of bitcoin and crypto currencies. They do see crypto currencies powerful q and growth in countries where accepted! The importance of Blockchain technology is felt needed amongst the authorities. The value is the main source for everything. Economic is mainly focused by every government. As crypto currency helps grow economy growth, countries welcomes crypto currencies in their respective countries.

[cryptbit.man]

No government can really stop bitcoin quite simply because bitcoin is inherently decentralised. Due to the fact that it does not have any legal location, any central hub etc it does not reside under any country legislation. This means that even if a country bans the coin or makes it illegal, there is no way that they can enforce such ban. The main impact of countries banning bitcoin that we have seen so far is restricting the origin of people applying for KYC whitelist from those specific countries. This is also just simply imposed by who is running the KYC themselves in order to avoid complications or issues with the local governments.

[rohican]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seems to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

The government has not stopped Bitcoin because the Government is convinced that Bitcoin has good prospects for the future. But the Government seems prestige to admit it.

[v0rtecxz]

For what government to stop the obvious bitcoin to help everybody's economic growth in his country, the government does not need to think selfish, now many countries are enacting policies that regulate the use of bitcoin to prohibit its use, but not all countries do the same, they only apply the policy use of bitcoin to limit unwanted actions so they can continue to monitor the use of bitcoin in everyone.

[spyerf]

It's good that at least bitcoin has a chance to become a coin that is recognized by all countries, it can happen because the government also realizes that bitcoin really helps the people's economy. This is a thought that is wise and unselfish.

[sudah_wisuda]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seems to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think why the Government has not stopped Bitcoin because the Government is aware that Bitcoin is actually bringing a positive impact on its people. Yes as the economy of its users can be helped by working in Bitcoin. Surely this can reduce the poverty rate little by little.

[radjie]

most governments actually recognize that bitcoin is a sophisticated modern technology capable of overcoming all kinds of transactions, but because of the many crimes that use this modern technology so bitcoin can be misused by people who commit crime transactions using bitcoin. the government is worried that bitcoin is increasingly being misused by many people.

[Ghondronk]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Bitcoin has no central authority

[Minerfortyniner]

The same reason they cant stop DeepOnion or the TOR network. Because they are decentralized.
Bitcoin is a decentralized p2p open source crypto network.

[godwyn50]

I see that yet again, this question has been merged in with one that does not ask the same thing. The question I answered was “If a government body wanted to shut down Bitcoin - could they even do it?”

Governments probably cannot shut it down through "technical" means, i.e. hacking the system, thus crashing the value or preventing it from working. (Juergen Nieveler discusses this in his answer.) Thus, if I were a government that saw Bitcoin as a threat, I would try a three-pronged attack:

[BTCeminjas]

I see that yet again, this question has been merged in with one that does not ask the same thing. The question I answered was “If a government body wanted to shut down Bitcoin - could they even do it?”

Governments probably cannot shut it down through "technical" means, i.e. hacking the system, thus crashing the value or preventing it from working. (Juergen Nieveler discusses this in his answer.) Thus, if I were a government that saw Bitcoin as a threat, I would try a three-pronged attack:

Of course, they are not going to manipulate bitcoin because it has own blockchain technology that they used in bitcoin and also it being decentralized nobody behind this cryptocurrency bitcoin. Some of the countries are embrace and recognized bitcoin but others are refusing bitcoin due to afraid of bitcoin may abuse their community by doing illegal activities.

[ubercab90]

They are trying to do it now. Hope that this is just a temporary phenomenon, cryptos aren't supposed to be blocked cause they're not illegal at all

[ersmny1]

I think bitcoin extremely difficult to track transactions and collect taxes. therefore there is nothing to seize and no central location to shut down.

[Stegobit]

No govt have enough resources to stop Bitcoin, therefore they chose to tax and regulate it.

[klarnetcijamie]

I think that because they need union stop from all government all over the world that make this stop impossible..

[KorakPawon]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Governments have done enough to dissuade common people from using BItcoin extensively. Being charged with operating unlicensed money changing businesses is a possibility if you engage in cash-bitcoin conversion.

how the government can stop the development of bitcoin if the internet is still there, because the internet is the way to get bitcoin, no matter how hard it is to be eliminated. except as the north korea country actually shut down internet access. can just stop the development of bitcoin.

[binhvo1505]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

I think the governments of Russia and China have recognized the value of Bitcoin. I and my friends saw the great potential of bitcoin for the world economy.
Current countries in the world are very interested in foreign trade, because their country only develops when it has a better change in all aspects. Therefore, bitcoin is very useful for foreign trade when trading through countries is not a big problem for it.

[gogrowglow]

They cannot because BITCOIN is using BLOCKCHAIN technology which is a decentralized technology.  BITCOIN is managed by it's network and not by anyone central authority. Government cannot taxed it because they cannot traced it.  I think this is one best solution for the rampant corruption in the government today, especially in my coutry.

[asy7]

They can try but they will never succeed.   

[imsotiredofmoviereboots]

Some country already like China. But as we can see, their efforts were useless because Chinese-owned crypto markets are still leading the way and Binance is still the largest exchange at this moment.

[KorakPawon]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

it is impossible for the government to block the Bitcoin ecosystem, including the activities of digging bitcoin (mining). just block the buying and selling sites and prohibit the development of a Bitcoin payment platform for expenditure. It also is a futile effort, because users will find a way to monetize Bitcoin or use it to transact.

[Woolles890]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seems to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

The government actually knows that Bitcoin is very helpful and profitable for its users. Hence in many countries, the Government has not really dismissed Bitcoin because it still believes in Bitcoin. But now there are also some countries that dismiss Bitcoin in any case and if it violates it will be sanctioned. But I am sure in the future later Governments all over the country will really accept the sophistication of this blockchain technology. We just have to wait for the right time to see it all.

[cetald]

I think that the governments of all countries understand the advantages and potential of the cryptocurrency market. Therefore, they do not want to stop the growth of this market.
They just want to control it.

[auliasilvana]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seems to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

The government did not stop Bitcoin because there is still a sense of government trust in Bitcoin. It's just that the Government is waiting for the right time to legalize Bitcoin in the country. But the Government did not stop Bitcoin this is proof that Bitcoin is still worth keeping. So we all be patient and wait for the time when all the Governments of the World can legalize Bitcoin and not prohibit anymore.

[futureofeth]

Yes, Government still, doesn't have any clue to stop the Bitcoin but instead of banning to want to make Bitcoin as legal tender because of it's technology behind it. Technology is convincing the government and has the efficient growth in terms of their economic growth.

[cryptorocket84]

Government can not stop bitcoin reason because it is programmed online, i know they have taught of it but i think it will be a wasted effort, Is bitcoin threatening or destabilizing the government? there are lots of illegal deals that need to be stopped by Government not Bitcoin.

[budz0425]

Government can not stop bitcoin reason because it is programmed online, i know they have taught of it but i think it will be a wasted effort, Is bitcoin threatening or destabilizing the government? there are lots of illegal deals that need to be stopped by Government not Bitcoin.

They have seen that here there is a chance for their people so why they need to stop it? some countries are stopping this since they don't want their country to be involved in a Ponzi scheme that until now they are still thinking that bitcoin was a big Ponzi scheme.

[portatifx]

They haven't stopped it because it's impossible to stop. The whole point of decentralization is that if one computer still has it, it still exists. They have to deal with it whether they want to or not. might as well capitalize on it..

[Tigorss]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

not want to but it can not, except if electricity and internet no new government can stop bitcoin

[Name: Claudio]

One thing or one reason I think why they can't stop is they can't just block its pathway on the internet, many can shot down exchange also but exchange also keep on coming and popping up to offer service and to trade money to BTC.

[Tylev]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Most likely in Russia and China were convinced of the futility of their possible prohibitions. Citizens vseravno find other ways to use kriptovalyutu without going to exchanges and exchangers, which are controlled by this government. And openly to fight with their people, forbidding even the Internet, they are afraid. Now the same story is repeated in India. Reserve Bank of India banned its banks
to render services in the crypto-currency and this ban will soon come into force. Again, see what happens.

[darkedelf]

because bitcoin is not regulated by any government by the bitcoin is digital currency it is not owned by any person so it works on bitcoin network.

[ecnesa101]

In my opinion bitcoin never stop nowadays people are benefits from bitcoin and Government can't stop,too. Because Government has benefit from bitcoin they can benefit from it through taxes from the companies who provides services such as buying and selling from bitcoin. Long live bitcoin...

[gkhnhsyn1]

They can't stop it because they don't know where to start. Trading is not illegal, Mining is not illegal, possession is not how are you suppose to stop it?

[Mentari78]

Because bitcoin provides an alternative to the banking and government systems. Bitcoin offers an alternative to the conventional banking system that is approved by the state.

[gogrowglow]

Bitcoin is a digital currency and is using decentralized Bockchain technology, so nobody  can be accounted for it.   Currently not many countries are adopting bitcoin and declare about its legality but it is proven that bitcoin can be a good innovator for the development of digital currency. Government still, doesn't have any clue to stop  Bitcoin. Some countries instead of banning Bitcoin,  they want to make Bitcoin as legal tender because of the  technology behind it.

[kashkarev55@mail.r]

It will make you smarter, why deny if it is possible to busem to control the process and earn.

[Camorra Dev]

We have to remember, there are many obstacles we need to overcome before countries start to officially accept the bitcoin

[BUK2016]

Attacking method some time generate more attention of so many people around the world and I believe that people have over the see the potential inherent in bitcoin and crypto current and is why every thing seems cool with such negative news from the government in recent time. 

[reality18]

Total ban of bitcoin by the government seems impossible because it will marvel you to know that even most of the people holding higher positions in the government in one way or the other have investments in Bitcoin. The extent to which they can go is to impose regulations to its operation in order to gain at least some power over it.

[abelmon66]

Many governments are trying to stop bitcoin but it can not be done for themselves, because bitcoin reaches the world-wide network, and if the government uses bitcoin it will be profitable for the government.

[spikerrr]

Actually bitcoin is not an enemy of the government rather it is the only one that can possibly change the way of people life from simplicity to greatness. Government know  that bitcoin gives purpose to the citizens even without tax from it. They try to control bitcoin but they cannot.

[investorck]

Bitcoin is a decentralize currency on the blockchanin so it willl be difficult for any body o stop it.
Thanks

[Magic Sarap]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Because governments still looking on how they should legalize the bitcoin. Governments upon to believe that it should be

[Camorra Dev]

Because it is so easy to earn money with Bitcoin and use it, people start to get interested in it, especialy after the price went from less than 1K to over than 10K.

[cryptorocket84]

 I know and believe that no Government can stop Bitcoin, reason because i don't see how Bitcoin does not affect the way the Government should govern her country. Government should look out for the need of his people and solve the problem not looking for a way to stop bitcoin. It's only a Government that is lazy that will leave what they are suppose to do and is now thinking on how to stop bitcoin. I think such Government should get busy and stop lazying about.

[Anees1122]

Beyond the difficulties presented by the decentralization of bitcoin itself, governments and regulatory bodies have shown they lack understanding of technological topics, and bitcoin is one of the most complex. As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin – and its alt-coin contemporaries – in a way that could impede its progress.

[mornabo]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Because governments still looking on how they should legalize the bitcoin. Governments upon to believe that it should be

I think because the government knows that they will not be able to stop technological developments. they will not be able to stop bitcoin because bitcoin growth is very fast. the government is starting to realize that they can not eliminate bitcoin from their country. thats why they will make a rule for bitcoin that can be mutually beneficial

[Camorra Dev]

If you speak ill of bitcoin, you possibly do it because you want to lessen its price and then buy it at a lower level or alternatively you just don’t have an idea about bitcoin technology and its operation.

[Blondy12]

We are now in a millennial world. Everyone uses technologies and one of those is bitcoin. I think the government comes to think about it that is why they become smooth when in terms of bitcoin. No matter what they do to stopped bitcoin or should i say transactions using bitcoins. They cannot control every human who wish to have it and use it. And at the same time, maybe they noticed that bitcoin doesn’t cause any harm to users and also helps many unemployed person and it makes the economy better.

[Risoria]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Governments are starting to understand how beneficial Cryptocurrenies can be. Poverty, corruption and inflation, are all problems for developing countries. Years of political instability and poor governance has had devastating economic effects on these counties. However, the emergence of Blockchain technology and decentralized Cryptocurrencies may help solve these problems. The rise in the value of bitcoin could boost economic growth. Crypto technologies can be good innovators for the development of other technologies which the government can use in the future.

[SectorZero]

If you look beyond conspiracy theories about the banks and the 1% etc then you will see that governments have no motive to ban bitcoin. They may have initially been afraid it was used solely for scams and illegal trade but ultimately its use has spanned way beyond that.

I consider that a talk on fraud and money laundering received in the criminal way are necessary to all countries. They want to distract attention from bitcoin and to own the most part of coins to regulate the market. Now the cryptocurrency and technology a blockchain are a new asset for which the future. All countries understand it.

[Lang09]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

As stated in a documentary regarding bitcoin, if they can`t stop it they adopt it. And I think that this case is something similar. They tried to stop it but when they saw that it can`t be stopped and somehow will proceed because there is not a central, they decided to adopt it and earn as much as they can from it.

[Camorra Dev]

I would assume that the most logical explanation to the fact that the bitcoin has not been available to the society as a payment method is becuse we are not ready to deal with those advanced technologies that bitcoin and the block chain in general work through, which is why the majoiry would be experiencing difficulties in getting used to it.

[muneeb.zain]

As bitcoin is a digital currency and decentralized so there is no transaction record of it so its hard to stop it

[Farahtenan]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

The government may be able to ban Bitcoin but the Government will not be able to stop Bitcoin. Because Bitcoin is a digital currency that has the very sophisticated technology. Surely the Government will never be able to stop technology. Bitcoin will stay alive.

[labhsikh123]

It depends on the concern country law. Mostly, countries are accepting the bitcoin transactions legally.

[Tigorss]

it could be if the government really wanted to stop bitcoin from entering their country but some countries themselves feel the benefit even if a bit of their citizens use bitcoin indirectly so that the country is not really intent on stopping it.

[Camorra Dev]

There has been one unofficial approval of digital currencies when the country claimed that their oil backed the cryptocurrencies.

[deklitt]

it could be if the government really wanted to stop bitcoin from entering their country but some countries themselves feel the benefit even if a bit of their citizens use bitcoin indirectly so that the country is not really intent on stopping it.

so far bitcoin has a positive function for economy of its users which can help to be better than before, and perhaps for that fact the government doesn't stop function of bitcoin completely only limiting some bitcoin functions such as the prohibition for payment transactions that replace the real money function but those things of course back to policy of each country. because of course there are countries that have freedom to transact using bitcoin.

[jonaire99]

The only way can a government stop bitcoin is to stop or cut off the internet in their area. Bitcoin exist only in virtual world and transactions are always done online. Countries like China have been doing this ban to their citizens but many of them are still managed to make cryptocurrency transactions through underground exchanges. Some counries decided to allow their citizens to buy cryptocurrencies after imposing their own kind of regulation.

[St4yInTh3D4rk]

Because they can't stop bitcoin because it is decentralized and not controlled by anyone even the creator of bitcoin is still unknown so all they can do is stop the exchanges in their countries but still we can use the exchanges by using TOR.

[lynttrs]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Because bitcoin has a potential that maybe even government people see. Investors and businessmen see it so it could be because they can see that bitcoin can also add to the economic growth of the country. Though they may be broadcasting warnings to the people to be safe, but that doesn't mean that they are not pro-bitcoin. Well it mainly depends on the country's perspective. There are some countries that have already banned bitcoin.

[grave_2]

because the bitcoin is the digital  currency...and no one have control on it.

[Camorra Dev]

We all understand that it is not possible for all countries to follow the example of JApan, but at the very least some countries decided to accept the use of bitcoin first and now they are working on measures that have to be taken to regulate this crypto currency.

[KorakPawon]

in fact, the government has done to stamp out the spread of bitcoin in some countries but the development is too fast and many believe that bitcoin will promise and in the end they use bitcoin to be used as an investment tool.

[palvinta]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Although the government can ban the use of Bitcoin the government will not be able to stop Bitcoin. Because Bitcoin is a cryptocurrency in which there are sophisticated technologies that can not be stopped.

[BeGoods]

Because they can't stop bitcoin because it is decentralized and not controlled by anyone even the creator of bitcoin is still unknown so all they can do is stop the exchanges in their countries but still we can use the exchanges by using TOR.

Thats right, the government actually did that already, but they failed. they try to stop bitcoin by giving a ban rules on the use of bitcoin.
although it does give a bad effect on bitcoin market but look at bitcoin right now, bitcoin not dead because of it? bitcoin is still alive and still can be used..

[vessing]

Because they can't stop bitcoin because it is decentralized and not controlled by anyone even the creator of bitcoin is still unknown so all they can do is stop the exchanges in their countries but still we can use the exchanges by using TOR.

Thats right, the government actually did that already, but they failed. they try to stop bitcoin by giving a ban rules on the use of bitcoin.
although it does give a bad effect on bitcoin market but look at bitcoin right now, bitcoin not dead because of it? bitcoin is still alive and still can be used..

But this does not prevent the state from doing what it does best: intervene and oppress,wherever there is freedom and entrepreneurship, there will inevitably be a state wishing to regulate them.

[Hero of Legendary]

Because no one can stop something which is a big help to the society and the society is the power for its domain.

[amrenamren]

I think that the states realized that it is impossible to stop this. So they decided to see how this will evolve and what will happen. So to speak, they gave the young industry time for testing opportunities. In the near future there will already be regulation. I would like everyone to follow the path of Japan. Time will tell!

[mamarried]

 they see the fast grows of Bitcoin and popularity is the world in all, so the governments want to work with it, but not closed

[thetruth123123]

it is now, i think in a few years the situation with this question will be simple, it will be legal, be patient to Bitcoin

[passeroutpass]

Because bitcoin is not controlled by the state and they can not affect its operation. States can only prohibit its use, which is the practice of some countries.

[canej]

I think that States are not afraid of cryptocurrencies, because almost everything depends on government agencies. They primarily think about the economic security of the country, so those who prohibit the use of cryptocurrencies, see a security threat.

[Mhd-Bobbi]

Perhaps with such rapid growth and popularity and by seeing the enormous potential of bitcoin.
it attracts the attention of governments to give statements about the legality of bitcoin.
Although currently not many countries are adopting bitcoin and declare about its legality but it is proven that bitcoin can be a good innovator for the development of digital currency.
And with bitcoin declaration as the official payment instrument, it is necessary to revise finance law on bitcoin services for countries that have declared their Legality.

Yes, I agree with your opinion, of course this attracts the attention of the government, it seems necessary for the right party to revise it, because I see the use of bitcoin in some countries has legalized the use of bitcoin.

[Wonderced]

because it's help us to improve our environment and many people see bitcoin as illegal for that many people did not do anything for bitcoin but some of poeple know bitcoin will help to upgrade the human life.

[iMark]

in fact, the government has done to stamp out the spread of bitcoin in some countries but the development is too fast and many believe that bitcoin will promise and in the end they use bitcoin to be used as an investment tool.

Actually there are many countries that have done various ways to stop the development of bitcoin, one of them is by banning bitcoin, but that way has not succeeded in stopping the development of bitcoin, you're right the spread of bitcoin is very fast and you know anyone will not be able to stop the development of technology

[Madara_Uchiha]

We all know about the benefits of bitcoin. I think that some government agencies are interested in using or at least legalizing cryptocurrencies. Moreover, they are very popular and the number of people who work in the cryptocurrency market is growing.

[nuraziaaziz]

It will be very hard to stopped Bitcoin, I mean they can if they want since anyone in the world are allowed to join without having the middle man however it will take a very longtime to stopped Bitcoin.

[Alex_Zi]

Governments can't stop bitcoin because they don't control it. BTC is not only cryptocurrency that controlled by national banks. It is decentralized technology which will work for long time.

[Bizard]

Well, I think Bitcoin didn’t just appear, who was involved in this and very much, the US intelligence services recently confirmed that Bitcoin is absolutely legal, and this is very strange, because the bankers shouldn’t like it all and they should have destroyed everything.

[jrrsparkles]

Governments can't stop bitcoin because they don't control it. BTC is not only cryptocurrency that controlled by national banks. It is decentralized technology which will work for long time.

Yes it will as long as people using it and governments have only one way to stop the bitcoin is shutting the internet world wide which is not a possible thing to do so bitcoin also can't be stopped.

[Pattart]

in fact, the government has done to stamp out the spread of bitcoin in some countries but the development is too fast and many believe that bitcoin will promise and in the end they use bitcoin to be used as an investment tool.

Believe me, the government in my country has made several efforts to stop bitcoin, starting from the politics and the minister who spread the fud that virtual currencies such as bitcoin do not have legal legality, and are very risky investment and detrimental, but you are probably right developing too fast and bitcoin cannot be stopped..

[jabrix]

We all know about the benefits of bitcoin. I think that some government agencies are interested in using or at least legalizing cryptocurrencies. Moreover, they are very popular and the number of people who work in the cryptocurrency market is growing.

The government cannot stop bitcoin, because all transactions occur in the internet world so that it cannot be monitored by any party. In addition, the transaction is peer to peer so as to eliminate third parties such as banks.
The government does not feel disadvantaged, it actually benefits if it is able to properly manage the money circulation in the world of cryptocurrency. For this reason, many governments legalize bitcoin because they realize that their potential can increase state revenues.

[denzkilim]

Because they can't stop bitcoin because it is decentralized and not controlled by anyone even the creator of bitcoin is still unknown so all they can do is stop the exchanges in their countries but still we can use the exchanges by using TOR.

Thats right, the government actually did that already, but they failed. they try to stop bitcoin by giving a ban rules on the use of bitcoin.
although it does give a bad effect on bitcoin market but look at bitcoin right now, bitcoin not dead because of it? bitcoin is still alive and still can be used..

There are some countries that banned that usage of Bitcoin for their citizens but I doubt that they can monitor those people using virtual private networks to bypass the websites that their country banned. A government can't do anything about Bitcoin they can't stop it even if they banned it from their respective countries there will be countries that accept Bitcoin and most of the countries in this world are not banning the usage of Bitcoin and other forms of Crypto Currency, only some minor country banned it for their citizens. 

[jakezyrus]

We all know about the benefits of bitcoin. I think that some government agencies are interested in using or at least legalizing cryptocurrencies. Moreover, they are very popular and the number of people who work in the cryptocurrency market is growing.

The government cannot stop bitcoin, because all transactions occur in the internet world so that it cannot be monitored by any party.

Sure they cant totally ban bitcoin itself but they can ban websites and ip addresses locally if they found out that you were accesing crypto related content online  . they can also add a law that prohibits the use of crypto on both offline and online  .

On th other hand , The title of the thread seems incorrect  .  governments ( most of them ) are actually allergic to bitcoin and crypto just because they cannot control  it.  They are angry because people can now transact freely  .

[idham29]

Governments can't stop bitcoin because they don't control it. BTC is not only cryptocurrency that controlled by national banks. It is decentralized technology which will work for long time.

The government cannot stop bitcoin because all transactions are in cyberspace, so there are only actors who transact without being known by anyone in the world. Even the actual bitcoin owner is unknown, because it's anonymous.
The government should take advantage of advances in digital technology such as the use of bitcoin transactions, by monitoring when withdrawing to collect state taxes. The government must not lose opportunities just because it does not understand the future technology.

[iMark]

Governments can't stop bitcoin because they don't control it. BTC is not only cryptocurrency that controlled by national banks. It is decentralized technology which will work for long time.

The government cannot stop bitcoin because all transactions are in cyberspace, so there are only actors who transact without being known by anyone in the world. Even the actual bitcoin owner is unknown, because it's anonymous.
The government should take advantage of advances in digital technology such as the use of bitcoin transactions, by monitoring when withdrawing to collect state taxes. The government must not lose opportunities just because it does not understand the future technology.

the government can only provide prohibition rules, but it will not be able to stop completely. you're right because the access to bitcoin is on an internet (independent) that cannot be controlled by the government, so they will not be able to stop bitcoin

[MakeMoneyBtc]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Because they can't. Bitcoin was created in such a way that it cannot be stopped by anyone, even if we are talking about the most powerful organizations in the world aka governments. I think governments have realized there is no point in wasting their time with crypto right now since it's useless to stop bitcoin in one country while it is used in the other. This means they are probably thinking to ally together and work against bitcoin because that's the only way they have a chance to do something.

[zee11225]

Governments can't stop bitcoin because they don't control it. BTC is not only cryptocurrency that controlled by national banks. It is decentralized technology which will work for long time.

As long as bitcoin doesn't harm anyone why should it be stopped, because bitcoin users really feel the positive impact of bitcoin trading or investment. Profits or losses in bitcoin trading have become a risk for business people, such as forex trading.
Of course not all profit, because there are disadvantages of bitcoin and that is the risk of trading which is not the right of the government to stop bitcoin.

[olliecrypto]

it seems they can stop it by doing what they have done, which is introducing a huge taxation amount to it, at least within the united states, as well as making the taxation of it overly complicated, especially when it comes to mining.
for most things to be stopped, or at least slowed down significantly, you just have to make it a nuisance to take part, then add in a bit of delayed satisfaction ( aka, seize tons of btc and constantly flood the market with btc so the price drops ) and the progress of the activity, in this instance, btc, is slowed to a crawl

[Pattart]

it seems they can stop it by doing what they have done, which is introducing a huge taxation amount to it, at least within the united states, as well as making the taxation of it overly complicated, especially when it comes to mining.
for most things to be stopped, or at least slowed down significantly, you just have to make it a nuisance to take part, then add in a bit of delayed satisfaction ( aka, seize tons of btc and constantly flood the market with btc so the price drops ) and the progress of the activity, in this instance, btc, is slowed to a crawl

Taxes will not stop bitcoin, as long as there is a price paid by the government for that, such as legalization. the tax will not become
an obstacle to bitcoin, as happened in United States, in fact users grow very fast in that country.

[sijonru]

it seems they can stop it by doing what they have done, which is introducing a huge taxation amount to it, at least within the united states, as well as making the taxation of it overly complicated, especially when it comes to mining.
for most things to be stopped, or at least slowed down significantly, you just have to make it a nuisance to take part, then add in a bit of delayed satisfaction ( aka, seize tons of btc and constantly flood the market with btc so the price drops ) and the progress of the activity, in this instance, btc, is slowed to a crawl

Stop the bitcoin by the state for what it is, because in general bitcoin does not harm anyone and its users are fully aware that this is a digital currency that can be used as money for payment or deposit for investment.
Therefore bitcoin cannot be stopped by anyone as long as the user community still exists, so the government should think more positively where it can use bitcoin to advance development.

[Daveprofile]

Its funny how the governments are fighting Bitcoin. It is decentralized so they don't have any Body to hold and it is taking power out of the government and Bank's hands. I think that is why they are subtly fighting it. They should focus on regulate it as they are doing and curbing the price manipulations and all will be fine.

[BeGoods]

Its funny how the governments are fighting Bitcoin. It is decentralized so they don't have any Body to hold and it is taking power out of the government and Bank's hands. I think that is why they are subtly fighting it. They should focus on regulate it as they are doing and curbing the price manipulations and all will be fine.

that's the advantage of bitcoin, no one can have the power to stop bitcoin in full, even if it's a government. the government has all the power to stop, they have rules, police, judges and many others. but bitcoin is in a decentralized network? it is beyond the authority of the government

[NetFunds]

A tendência das nações é a aceitação, mesmo porque não há possibilidade de qualquer delas banir de forma efetiva tanto Bitcoin como outras criptos.

No Brasil, ao lançar as instruções para o Imposto de Renda 2019, a Receita Federal já elencou determinadas situações em que as criptomoedas devem ser declaradas, bem como o limite de venda mensal em que incide o IR.

Um grande passo para a regulamentação...

[Marry Finch]

Now we have about ten different states that have banned the use of cryptocurrency on their territory. However, no country can stop the spread of Bitcoin and other cryptocurrencies around the world. Apparently, we have already passed the point of no return for cryptocurrency. Most of the countries with developed economies to some extent have already legalized cryptocurrency or are at different stages of its legalization. Therefore, even the adoption of a ban on the use of cryptocurrency by some kind of international union of states becomes almost impossible.

[Rooster101]

It is difficult to ban a cryptocurrency that is decentralized and exist only in cyberspace. Any country can make a law to make bitcoin illegal and bans it in their territory but as long as internet exist in that country, many people can still able to buy and sell it. Technology is always advancing and government might be caught unaware of this new technologies that mostly use in internet. Bitcoin is also getting popular around the world, even in countries where it banned. I think most of these countries now are planning for regulation instead of banning the bitcoin.

[CBANX Ltd.]

Bitcoin is the popular digital asset and besides that, it is one of the reasons for blockchain innovation. People are accepting Bitcoin and in many countries, governments are started accepting Bitcoin which is opening doors of acceptance!

[moha sasa]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

- its unstoppable, you need to kill every programmer who saw BTC source code!

[Sithara007]

ROFL.. I would broadly divide the world governments in to three categories:

1. Supportive of Bitcoin: countries like Japan, Germany, Singapore and Switzerland have legalized Bitcoin and regulated most of the exchanges. They realize that it is foolish trying to ban crypto. And these countries have got the benefits resulting from the legalization.

2. Hostile to Bitcoin: Countries such as China, India and Bangladesh are trying to ban Bitcoin. They have arrested Bitcoin traders and miners, and hopes that these tactics will scare away the citizens who are looking to invest in crypto.

3.  Neutral: Countries such as Mexico, which are neither hostile, nor supportive of crypto.

[JuraPluha]

Because Bitcoin is still a revolutionarything and they investigate it!

[aioc]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Russia and China are very strict with their people, they can impose their will on their people, but not so on countries that have a democratic or liberal form of government, they can tax it, they can regulate but I doubt if they can make it vanish.

[rmilly]

How would they just stop it? they would have to kill the internet. It'll be interesting to see how different countries' governments react but for the most part I think they see the potential in getting involved

[veleten]

How would they just stop it? they would have to kill the internet. It'll be interesting to see how different countries' governments react but for the most part I think they see the potential in getting involved

stop in the meaning of ban and prosecute the ones that are using it
you do not need to kill internet , just forbid it exchange to fiat and fine or jail the ones that are caught dealing with it
it is not as far fetched as it sounds - North Korea and OAE , I heard have jail sentences for those who are found guilty trading crypto
they think that it could lead to their currency getting attacked , potentially , laundering money etc.
in reality the countries simply do not wanna regulate it and prefer to ban the crypto altogether
nowadays cryptocurrencies are not adopted enough to live without exchange to fiat - not enough merchants trading , not enough adoption , so it is enough to cut the exchanges and banks from the chain and the cryptocurrencies won't be welcome in that particular country

[jhongzjhong]

How would they just stop it? they would have to kill the internet.

stop in the meaning of ban and prosecute the ones that are using it
you do not need to kill internet...

That is impossible to happen just killing the internet, the country of China was one of the biggest countries who ban cryptocurrency but still, there are some people using crypto via having a VPN. I remember last year in articles that a man jailed because he caught on the act having mining facilities which are strictly prohibited in that country using crypto.
So, to cut a long story short, Bitcoin itself can't be stopped with someone else even government. But when it comes regulation on an exchange where to exchange your bitcoin to fiat, they are actively doing that.

[RodeoX]

Implied in this question is the notion that bitcoin COULD be stopped by any government. It CAN'T.

[akeegan]

They see the benefit of it esp in means of being able to better trace where funds have been coming and going. There are blockchain forensic firms like Ciphertrace who are helping bridge the gap between regulators and crypto community to better facilitate a mere shut down entirely

[imstillthebest]

Implied in this question is the notion that bitcoin COULD be stopped by any government. It CAN'T.

It can be . there are countries that ban bitcoins  .

They see the benefit of it esp in means of being able to better trace where funds have been coming and going. There are blockchain forensic firms like Ciphertrace who are helping bridge the gap between regulators and crypto community to better facilitate a mere shut down entirely

Cool .  its nice to witnessed a government like that .

those who banned bitcoin may have their own valid reason on why they did it  and we cant do anything about it but obey it just to stay away from trouble .   but those who allow the use of bitcoin , they also have thier own good reason . they see that bitcoin can greatly improve the status of thier own country  .

[Tylev]

Individual states may decide to prohibit the circulation of bitcoin and other cryptocurrencies, however, a separate state cannot control the implementation of its decision. To really prohibit the use of cryptocurrency, you need to turn off the Internet in the country, and this is already unacceptable, because there is too much information and various services. provided over the internet. Only if all states unite and prohibit the cryptocurrency circulation, only in this case its use will be very difficult. However, if at least several states do not prohibit its circulation and allow having exchanges on the territory of trade and the exchange of cryptocurrency on its territory, the cryptocurrency can continue to exist.

[wattcrypto]

There are enough lobbyists that are working to convince the government about it's benefits. Ciphertrace was recently in Washington to tell them how bitcoin can actually provably show money laundering while other large companies are fighting for banking the unbanked

[veleten]

There are enough lobbyists that are working to convince the government about it's benefits. Ciphertrace was recently in Washington to tell them how bitcoin can actually provably show money laundering while other large companies are fighting for banking the unbanked

no wonder , Ciphertrace is protecting its business and wants to expand
they are cooperating with the agencies , making , by the way , your life harder
these are the institutions that are behind the " love letters " from IRS , since they trace the users who are trading through the exchanges such as Coinbase
and in this case Ciphertrace is right , making bitcoin transactions more transparent could lead to legalization of cryptocurrencies and no more fairytales about money laundering
that is done exclusively in cryptocurrencies and terrorism sponsoring , which might be happening through bitcoin  but is negligible in comparison with the fiat volumes

[rodel caling]

Is because they knows the importance of bitcoin as future currency, nobody can stop the poewr of new technology which bitcoin is including from this progress of the technology in the world.
Government against bitcoin is because some of the reason bitcois economic sabotage but not until government understand how bitcoin can help to the economic growth in the future that's some countries want bitcoin to become regulated to collect taxes from digital currency.

[Vaculin]

Implied in this question is the notion that bitcoin COULD be stopped by any government. It CAN'T.

Even if they will announce bitcoin to be illegal, they cannot fully stop it.
People can still do some transaction as long as miners are doing it, this is not a one company where we have centralized servers, this one is decentralized and it's hard for a centralized government to stop a decentralized system, which is bitcoin.

Also, I think it's not fair to stop bitcoin when it could contribute by giving a fast, cheap, and transparent transaction, in fact, they are given a help here because with blockchain everything can be trace, what they should do is start on focusing on how to regulate bitcoin.

[boris2470]

To stop Bitcoin you need to have leverage. For example, to know who is the creator of the coin.
Governments can prohibit the use of Bitcoin, but in no way the coin itself

[Ozero]

There are about a dozen governments that have banned the use of bitcoin on their territory. This does not bring him significant harm, as long as he walks freely in other more than a hundred states. So far, the leading states do not see any threat from cryptocurrency to global financial stability and, first of all, because the volumes of the cryptocurrency market are still too small compared to other markets.

[hahay]

There are about a dozen governments that have banned the use of bitcoin on their territory. This does not bring him significant harm, as long as he walks freely in other more than a hundred states. So far, the leading states do not see any threat from cryptocurrency to global financial stability and, first of all, because the volumes of the cryptocurrency market are still too small compared to other markets.

Yes, in fact the prohibition on bitcoin has occurred but indeed the ban that occurs in small countries will not have the effect for the use of bitcoin in large countries which in the end the cryptocurrency market continues to grow and slowly these restrictions become a thing that does not get serious attention due to a mass adoption.

[aces777]

I don't think it would be so much of an easy task for government to stop bitcoin. First off, the government didn't create it. Secondly, it is not really one system that is regulated by anyone or a particular body, so it isn't going to be an easy one if the government decides to regulate it. And then, I don't really see it causing any danger, so why the need for it to be stopped?

[nrnahid]

Simply, Bitcoin is currently a decentralized open-source voluntary p2p network.
Each of the above terms prevents specific legal actions from occurring to the network.

[marcbitcoins]

Because it was clear that Bitcoin can help the economy of every country thru investments and the adaptation of Blockchain technology in which it is very useful to speed up any transaction. There is no proven claim too that Bitcoin destroy an economy that is why most of the countries are not against of Bitcoin.

[nrnahid]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Simply, Bitcoin is currently a decentralized open-source voluntary p2p network.
Each of the above terms prevents specific legal actions from occurring to the network.

[smyslov]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

A new law on how they can stop Bitcoin? They should have done that when Bitcoin was just starting out, they are too late by 5 to 8 years, Bitcoin is moving fast in its adoption and there will be a time when the question will reverse and it will be, why this country or government hasn't adopted Bitcoin yet, or they will be left behind in this technology and will realize that they have no choice but  to adopt Bitcoin.

[nrnahid]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

Perhaps with such rapid growth and popularity and by seeing the enormous potential of bitcoin.
it attracts the attention of governments to give statements about the legality of bitcoin.
Although currently not many countries are adopting bitcoin and declare about its legality but it is proven that bitcoin can be a good innovator for the development of digital currency.
And with bitcoin declaration as the official payment instrument, it is necessary to revise finance law on bitcoin services for countries that have declared their Legality.

[TIDOVEE]

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.

there are government who has power to stop bitcoin in there country despite the decentralised nature of bitcoin, this is not because the nature is no more valid but because of the power and authority the goverment have over the people.few likely reasons behind this attempt could be taxation, internet fraud and crime control mindset..etc.