Can world Government Kill Crypto?

[Altcoindealer]

We all know, that those gouverments from the big countrys has a lot of power. So they could start to regulate cryptocurrencies, and if they want, they could decrase the value of a lot of cryptocurrencies. But im sure that they could never kill a strong cryptocurrency. So i mean the most people who are involved in cryptocurrencies are already most the time against their gouverment and the banks. Thats why they support cryptocurrencies, because they wont let them controll from the gouverment politics and the banks. So such laws wouldnt care the most crypto investors.

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[cryptofunn]

I think that it is unprofitable for them. In the same place, stupid people sit and understand that the digital currency is the currency of the future. And sooner or later we will come to the fact that there will be a crypto currency in circulation.These masses of crypto currency must be partially controlled in some way. Now this attempt is carried out. All well-known large banking structures, affiliated with state structures, buy out the largest stock exchanges. What is it, if not an attempt to crush the crypto currency flows

[Daniel9140]

For me governments can't kill crypto because they don't get a hold of crypto's system. Cryptocurrency moderators/admins already has their system secured from people who will try to destroy them and the one of the best feature of cryptocurrency which is decentralization makes it have more security

[philoso]

It is actually quite easy to to get shut down by governments if they unite and lay down some laws about using bitcoin. Once Bitcoin is grown out of control and even threaten their authorities they will not just sit there and watch.

[princesocapuyo]

They certainly can if they tried but they won't. this is because of the uproar that banning cryptos globally would cause and it is better for them to just get on top of the situation and try to monitor the way that the cryptos are being used instead of just banning it and making people find sneakier ways to use the cryptos which would lead to the governments being unable to track what they are being used for.

[gudjhonson]

"Regardless, just because South Korea, China, the US and other countries can crush Bitcoin by issuing new regulations and influencing cryptocurrency prices, it doesn’t mean they can kill it".  The above quote is from the research information I got when I was trying to find out why world government is fighting crypto. Please read the full text here: https://www.ccn.com/fighting-bitcoin-cryptocurrency-trading-threat-government-policies/ and make your own contributions. It will help cool the nerves from the crypto dip we are experiencing recently. Happy reading. Thanks

Governments around the World will never be able to kill crypto. Crypto is a very sophisticated technology and just because these countries forbid it will not be able to kill it. Yes indeed after much of this ban the price of crypto coins so down all. But the decline in the price of crypto coins is only temporary and can certainly rise again as it is today.

[JRACPJRL]

Usually wrong to pick up something consistently and by perusing more, observe a few instructional exercises and begin applying your insight in the exchange don't think back when you lose the exchange, make that your experience and know how the market conduct. In the event that you do this in only 1 month, you will turn out to be very justifiable to be a Trader in cryptographic money however don't quit figuring out how to be a day by day propensity will be exceptionally useful.

[AleksBBB]

Yes i agree, the other reason why the government can not kill cryptos due to it is decentralize. People will always find ways to circumvent the law if it is beneficial to them like this cryptocurrency for example.

[vochau026]

Yes its possible since the government can control everything and once they have power in cryptocurrency they can do whatever they want to it. And if they have power to control in crypto they will manipulate it like they can put tax to it or some investors are all goverment official. 

[Onur_luna]

If the governments of different countries unite the ambition, then theoretically they will be able to end crypto forever. However, I don't think that this is in their own interests.
Potentially a crypto market can be a way out of a deep financial criss..

[Trimegistus]

If the governments of different countries unite the ambition, then theoretically they will be able to end crypto forever. However, I don't think that this is in their own interests.
Potentially a crypto market can be a way out of a deep financial criss..

That's exactly why it will never happen; governments will never be able to reach such consensus.

Besides, there's a lot of money to be made by the exchanges, and a lot of taxes to be collected from crypto.

Governments are greedy, they will never kill crypto as long as it provides tax income.

[ervanikan]

indeed many governments are opposed to cryptocurency,
and not even a few countries that accept and manage cryptocurrency, because I think criptocurrency will not die even though many countries or governments are hostile to it,
cryptocurrency is a perfect new world currency in my opinion and many advantages in the can of this cryptocurrency

[Godex_io]

Government cannot completely kill cryptocurrencies at all cause of their decentralized nature. They may only block transactions possibly in local markets, so they can damage but not kill

Indeed, but if all the major exchanges are closed what then??

I don't think this will happen but some serious regulation is mandatory to stop the shameful spread of scam ICOs.

And well planned regulation won't kill crypto; it will make it stronger!

We agree - on a global scale, governments will not be able to completely kill the cryptocurrency, but this is possible within individual countries where the totalitarian component of power is strong: for example, such as China, Russia. These guys can simply set criminal penalties for mining, operations with cryptocurrency or even just maintaining a server for related services, start hunting for ip addresses

[emmywasky]

I think that it would be every hard and would take a chain reaction from a lot of countries. I don't see all countries agreeing. Look at Russia and America.

[teamcryptonator]

Government cannot completely kill cryptocurrencies at all cause of their decentralized nature. They may only block transactions possibly in local markets, so they can damage but not kill

Indeed, but if all the major exchanges are closed what then??

I don't think this will happen but some serious regulation is mandatory to stop the shameful spread of scam ICOs.

And well planned regulation won't kill crypto; it will make it stronger!

Nothing is impossible, your imagination can happen if someday, the government really want to kill cryptocurrency. But, the exchange is not the key to kill cryptocurrency, because of a lot of dark shops (UG) still available in that time. Currently, Monero is one of the best payment methods for that market, it is also the example to prove my opinion is right.

[mynamehere]

Of course, some governments want to kill bitcoins, and indeed all the Crypto-currency, some want to regulate it. If they regulate, they can influence it, and can earn good tax money.
While there is no consensus between governments, no one can kill cryptography, they can complicate our lives, but that's all.

[bamita128]

hey want to ban it from certain countries and yet they use it themselves, not as an organisation but as individuals. Take Ripple for example, Central banks around the world use its technology all the time.

[Virtual miner]

No, according to me, the government cannot kill Bitcoin. Government simply cannot kill something which has so many investors’ money invested on it. Yes, it can introduce some regulations in the Bitcoin technology so that there is a standard value of Bitcoin. This will also reduce the illegal acts being dome with help of Bitcoin which in turn will increase the confidence of new investors. But regulations will be useless for private key wallets users as they cannot be restricted to do anything.

[maimai2958]

The governments may not be able to kill crypto, but they can discourage a lot of people from using crypto-currency. I heard from my friends in India that the volumes went down sharply there as a result of government actions.

[abbeyaboli]

Nope, government cannot completely kill cryptocurrencies at all cause of their decentralized nature. They may only block transactions possibly in local markets, so they can damage but not kill..