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Author Topic: Maybe governments can stop bitcoin after all  (Read 11314 times)
toxic0n
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February 28, 2018, 04:43:02 AM
 #661

Government today are not completely against bitcoin, there are a few nations are as yet open worked bitcoin exchange, and I trust government won't stop bitcoin in light of the fact that it truly helps individuals needs as far as money related, why government intend to stop bitcoin? Perhaps it is about assessment? On the off chance that administration stop bitcoin activity, im practically beyond any doubt that it is just a narrow minded choice without searching for the general population circumstance.
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February 28, 2018, 04:45:08 AM
 #662

More and more companies are participating in bitcoin mining, trade and other aspects, and they pay taxes.

It is hard for governments to make bitcoin illegal. The government can only introduce policies to regulate bitcoin.
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February 28, 2018, 05:27:32 AM
 #663

India,China and other countries of world have introduced cryptocurrency in their countries though there are some risks as the money is decentralized and the opperators are anonymous and there is no one to control it.

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LORENthetiger
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February 28, 2018, 10:40:01 PM
 #664

Its not a matter of joke bro, stopping wilild fire is nearly impossible
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February 28, 2018, 10:47:26 PM
 #665

For me, Government can't stop Bitcoin, its growing investment in the whole world, maybe government can ban bitcoin as their alternative currency, but government can't stop their country men to invest in bitcoin.
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February 28, 2018, 11:10:08 PM
 #666

No matter what the government do they can't control bitcoin it's decentralized and bitcoin has it own system design and it's not been ruled by anyone bitcoin can rule over banks and government that can happen but not the other way around. Years for now the power and influence of bitcoin will continue to rise and become it world currrency

ClayDouglas
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February 28, 2018, 11:23:12 PM
 #667

If more country ban it, the effects will only last for a bit. With each banning less effects than the ones before, until nobody care. It's decentralized, they can't stop that.
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February 28, 2018, 11:38:59 PM
 #668

of course they can stop bitcoin and if they can´t at least they can slow it down with the laws and regulations they can have a negative effect with the burocracy
peterpeterpeter
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February 28, 2018, 11:47:45 PM
 #669

You have a point.
But, it will never be happen to bitcoin industry.
We all know that some countries are recognising bitcoin but there are also banning of it.
They can't banned bitcoin as long as there countries who are using bitcoin.
Maybe if all government unite for banning of bitcoin worldwide. I think that is the end.
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February 28, 2018, 11:51:02 PM
 #670

If people want to do something they will always find the way to do it. No matter how many regulations are released about it. Just look at how many illegal things there are that some people widely use.

If central banks/governments could stop Bitcoins, they would have done it already.
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