Can Bitcoin Ever Be Shutdown?

[Lintel]

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

maybe if  in this world will become no electricity and no internet , of course no bitcoin or blockchain anymore as the transaction is being done through internet. thats the only reason  I think it will completely shutdown the blockchain world.

[#davidnugroho]

bitcoin is a new technology in the world of crypto and financial so this penemuan should be developed better not stopped because good technology should be developed.

[soramon]

Nah i think impossible bitcoin cant be shutdown except no one buys bitcoin , no internet connection , every countries in this world banned bitcoin. Its so hard to shut down bitcoin nowadays people more likely to invest their money on virtual money. I think in the future people will use virtual money on transcaction.

[SuperFruit]

As it was already mentioned, we would have to happen to be in the world without the electricity. But what is the probability of this happening? Very close to zero. But still the most probably thing which would prevent Bitcoin from existing.

[Twinscoin2017]

Nah i think impossible bitcoin cant be shutdown except no one buys bitcoin , no internet connection , every countries in this world banned bitcoin. Its so hard to shut down bitcoin nowadays people more likely to invest their money on virtual money. I think in the future people will use virtual money on transcaction.

I think bitcoin can never be shutdown because it is now slowly become the part of our daily life. Many people today trust bitcoin as their daily source of an amazing income i think bitcoin will become more profitable in the near future and I think it would really become the number one source of an extra income.

[Bitcoinnumberone]

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

To be able to completely shut down the Bitcoin network all Bitcoin nodes should be destroyed which is those computers that runs bitcoin client software and has a blockchain on it. It's impossible to do that since Bitcoin nodes are spreading worldwide. Other ways to shutdown bitcoin, If all people lose interest using it, All countries ban of using it, Government shuting down electricity and internet connections. These are all possible scenarios but highly unlikely to happen.

Bitcoin can be shutdown in the absence of electricity or of internet connection because bitcoin is powered by those. Bitcoin has grown already after a number of years, we must try to do something to improve it and not to abort it.

[gusevli]

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

Some countries tried banning bitcoins but its citizens are still investing with one or another. Thus, it is impossible to shut it down completely.

[poletando]

for other reason like the secuirty and the other things i think it can shutdown, as we can know that bitcoin is the one of most popular currency in the world but it can shutdown if the bad people use bitcoin to do something bad in the world, like terror about a country and etc

[saedasda]

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!

I don't think that's the main reason because we can substitute solar energy to run our desktop and internet. I think if all country would agree to ban bitcoin or no one would like to buy bitcoin.

[Krillin61]

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

maybe that could be hapepen when we experience lacks or lost of electricity or the internet because bitcoin is powered by those. but instead of thinking on how to shutdown the bitcoin, why do not we think about how it will work better.

[cunguks]

for other reason like the secuirty and the other things i think it can shutdown, as we can know that bitcoin is the one of most popular currency in the world but it can shutdown if the bad people use bitcoin to do something bad in the world, like terror about a country and etc

I don't think bitcoin no one can shut down bitcoin. Even if many bad people use it, it doesn't matter. No country has authority to shut bitcoin down. Country can only restrict or forbid their society to access bitcoin. And I'm sure not all country will do that cause the potential of bitcoin is too much that anyone never expected.

[lowellsniper]

Bitcoin will not be shutdown surely because many people are aiming For this to join, and if no electricity no internet, bitcoin are still alive.

[B4rk4d4]

Well, bitcoin will be shutdown if there are no more investors on it and if internet and electricity is gone bitcoin will sure be shutdown because it is a digital coin.

[Amrxx]

A complete ban on this currency and the introduction of criminal liability for use! And find a way to regulate this market!

[EEEian]

There are some people speculating that a government shutdown could end up reducing faith in the USD and therefore result in BTC increasing in value.Personally I think there's no correlation and regardless of what happens with the government,BTC will do what BTC does,
independently.I honestly can't say.Government workers could go on furlough.Meaning suspended.Could cause a myriad of issued last time this haired was october 2013 iirc,but it only lasted a couple weeks so nothing too serious happened

[MUSFIKAR]

You do not have to think about the negative. It is time for us to think about further developments, because it is clear that blockchain technology will make major changes in all sectors when implemented. For starters, there are currently some companies that have started using blockchain technology. If you intend to shut down your own Network, I think yes. That is the best way anyone who dislikes Bitcoin can stayoff without hurting the common Bitcoin Network.

[thenameisjay]

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

Kill the power source. That's it. But it is quite impossible to man a global loss of electricity. Next best thing to keep bitcoins gone is by killing the blockchain. Without the blockchain, there will be no bitcoins and cryptocurrency. But it is impossible to kill the blockchain because it links all the computers around the world.

[dianepot]

I think this aint going to happen . Just the fact that no one controls bitcoin . There might be some times that bitcoin price was manipulated but it doesnt mean that its going to be lost. When there is demand, there is an instance that the future is bitcoin or cryptocurrency . Since other countries already started to regulate bitcoin , it will be more well-known and lots of people will be going to use it .

[pleght]

You must end your mining process to completely shut down the bitcoin web.The state will have to take a joint decision to end the mining.I do not think it would be possible for all countries to make joint decisions.

[SabrinaBianka]

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

Never ever happens that predictions. No one can shutdown a bitcoin, because its decentralize you can delete some of files. But they have a lot of copies in the different software. So bitcoin never shutdown or to be hacked.