Can Bitcoin Ever Be Shutdown?

[doodle07]

Yes, nothing lasts forever but it will remain for a long period of time, it can be shutdown until the time comes that there are no more internet connections and electricity.

[Cryptoproff]

To shut down the bitcoin network completely you must shut down the entire web which is not possible because that would a total nightmare. Lots of multi-billion dollars businesses now are fully dependant on the web and without it, they would end up in total chaos.

[ntodntodan69]

remove internet technology worldwide, eat bitcoin network will die forever. no internet then no bitcoin. digital currency will not be able to move

[Corsicoin]

As long as people get money from taking care of it it can't be over.
Think about a baby in the familly. Bitcoin has no father or mother but was adopted by thousands of people whao takes advantages of it just because they give him food and home.

But one day will come, another baby will come and get the parent's attention. This day, when there will be no food and no home, Bitcoin will be over.

[julzcoinbit]

In my perception about this topic, I think bitcoin will totally shut down If no one could ever invest in it and all whales of bitcoin will dump their bitcoin funds. But to think back of this, it is impossible to happen because there are many things that bitcoin have done good for us. And we all know that all crypto currencies are just depend of bitcoin.

[Jeepney_koh]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

Why do you want that Bitcoin will be shutdown? First thing, Bitcoin is created for the people to have financial freedom and investment privacy and for us to gain profit as it is decentralized. Second thing, Bitcoin cannot be shutdown completely until there is one person like me transacting in Bitcoin.

[btcprospecter]

It depends on the scenario if we are talking full world wide apoplectic situation then I think we would have bigger problems other than bitcoin and crypto currency.
The beauty of bitcoins block chain is that it isn't owned or controlled by a single entity it would be hard for someone to take it over.

[newb-dev]

Only if all of the users decide to stop using bitcoin but for sure this is never gonna happen

[Momoamzad]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

No I think its not possible till there is huge investor in crypto market. There are also many miners. Yes if they stop investing bitcoin will die.

[Finnisd]

To stop the bitcoin network, you need to stop investing and using crypto currency

[Toshibaro]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

No i am not agree because bitcoin is made from people and I think it's possible to stop  bitcoin and for me I don't like bitcoin is shot down because many people change life because of bitcoin and I know many people don't like bitcoin shutdown,..

[Flight-87]

Well, no electricity, and no internet connection would kill BTC for sure! You wouldn't be able to make any transactions without these.
Other issue can be all the countries in the world ban BTC, but this will not restrict it's circulation, as no internet connection do!

These are from technical/logical point of view. However what's most important here is I don't really think that Governments don't really want to kill it. The CEO of VISA said crypto is run by dirty politicians and I do believe that too! They wants to make money out of this game. And at least for this reason this Monkey Business kind of economy is not going to get shut anytime soon IMHO.

[egoryana]

The lack of Internet and electricity around the world can "freeze" the network of bitcoins

[s2sallbygrace]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

bitcoin relies on electricity and most importantly internet connection. If by any chance internet connection has been shutdown, definitely all cryptocurrency transactons will stop. We can only use bitcoin and other cryptocurrency transactions with the help of the internet and without it no transactions will be made.

[markdario112616]

To stop the bitcoin network, you need to stop investing and using crypto currency

Based on what you've said, Bitcoin would still continue its thing. You only cut down the supply and demand factor but that doesn't enough. Bitcoin is a digital currency by means internet is its home, in which it could still support itself. Since we are also now in a technological advances Bitcoin is now part of the economic contributor for some countries (might still be low but noticeable).

[boddy.dy]

I guess bitcoin can never be shutdown. I admit that my first impression with bitcoin is that this will not last for long time and will be shut down in just couple of years. But look now where is bitcoin, it is on the top of among of the crypto currency. Also almost all the grown business industries were associated with bitcoin or using bitcoin now. That is now strong bitcoin in this day, strong enough that no one can ever shut down this. Surely if someone is planning to shut down this they will never win because much more people will protect the bitcoin because they don’t want to lose bitcoin and their source of income.

[TomUyamot]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

It is very easy. Turn off the internet, everything will die. If that is not enough then turn off the electricity and it will cause a bigger trouble and Bitcoin might finally die with it. If that is not enough again for people to stop using Bitcoin then a ban on all gadgets and technological instruments such as laptops and personal computers could be added, and everything will definitely be gone. Apart from all these, Bitcoin will continue to exist and people will always be supporting it.

[jademacoy]

It takes a strong will from the government to shut down the bitcoin system. Somehow even if the government would likely to shutdown bitcoin system in their respect area yet people who are already establishing the bitcoin investment may still invest without their permission. I guess stopping individual to invest in bitcoin is impossible since they are already use to it and some of them are already addicted in bitcoin investment just like gambling. In my opinion bitcoin is just like gambling that you should take the risk on it but somehow bitcoin makes it difference from gambling because bitcoin has greater chance that will composed of i guess more or less 85% of chance to profit in bitcoin investment. So most of the time if you invest in bitcoin you will always get profit.

[KingOfWinterfell01]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

It would take a lot of manpower and horsepower alike to shutdown bitcoins. Bitcoins move and be sent to other wallets thru the blockchain. The blockchain is an online ledger that's updated regularly by a lot of computers. This means you have to hack into millions of computers to do so.

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