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Stavri
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June 06, 2018, 06:35:47 PM |
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i dont think so. i dont think any government can totally kill crypto. okay they can affect the prices by some extra regulations and restrictions. however it is impossible to totally stop crypto. crypto is based on a decentralized blockchain technology.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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numbertech
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June 06, 2018, 06:44:29 PM |
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I think no... BTC already exist in 2009 and if they really do want to end bitcoin, why not years ago? Crypto is now being well known all around the world and I think that it is already too late to stop it now. They can create a lot of bad news about cryptocurrecny so that the price will dip but not end it.
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rez303
Member
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Activity: 338
Merit: 10
StartFi
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June 06, 2018, 06:52:55 PM |
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The goverment can't kill Crypto, the only thing they can do with Crypto is using their social media, news to effect the owners, users , holders of cryptocurrencies.
And they're doing it right now.
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tyson777
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June 06, 2018, 07:01:36 PM |
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no body and no one party include government can to kill crypto, because all crypto and the blockchain technology behind it is decentralized. All bad news that exist now is just FUD to manipulated the price of crypto.
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Geraico
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Activity: 151
Merit: 10
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June 06, 2018, 07:07:31 PM |
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I think yes government can kill crypto very easy, I seen someone which compare drugs with crypto. If the government will kill drugs and they can kill them very easily they will not gonna have so big profit now back to crypto, if they will kill crypto they will not gonna have any profit in the future.
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glax1983
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June 06, 2018, 07:08:18 PM |
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the government has always had a great interest in the finances of their state and this is correct. The only thing that upsets a lot of people is obstacles to huge potential. Yes, there are also unpleasant things in crypto - taxes, money laundering and illegal transactions. But progress is moving and with the right formula, the blockchain will replace the financial system in the future.
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jerry29@
Jr. Member
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Activity: 206
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June 06, 2018, 07:14:48 PM |
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I don't think so. Blockchain is the requirement of our company right now. We need these type of things means we kill the way of our progress.
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zero4five
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June 06, 2018, 07:17:37 PM |
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Bitcoin operates on a peer-to-peer, decentralized architecture, without any central government. Anyone on the network can initiate a transaction, and the miners around the world through an open blockchain verify, check and make payments.
The bitcoin network can not be blocked or shut down, thanks to unprecedented security measures created by the unsurpassed computing power of the network. Therefore, the decentralized structure underlying the bitcoin network is virtually uncontrollable.
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AleksBBB
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June 06, 2018, 07:19:46 PM |
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Cryptocurrency was designed as instrument uncontrolled by goverments! Naturally, all steps will be taken to conquer, or destroy the crypto currency.
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3x1t
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Activity: 233
Merit: 10
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June 08, 2018, 05:29:04 AM |
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It will be very hard to crush the system because crypto-market is growing day by day, many people join to the crypto, and to my mind it is our future. Of course, government tries to stop the development of this phenomenon, but it’s impossible to deny the future.
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jamesdean35
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Activity: 336
Merit: 10
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June 08, 2018, 05:31:58 AM |
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crypto-currency stock exchange is growing day by day and the number of participants is increasing. governments can restrict the stock market but I do not think they can kill it. On the contrary, crypto money will support many governments over time.
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SailorCoin
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June 08, 2018, 05:33:04 AM |
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The gouverments could make some bann on cryptocurrencies and forbid them. They could make it very hard to use for the people. But i do not think that they can ever kill it. Because its decentralized, so maybe they can bring down the full nodes in their countrys, but never worldwide. And they can hae the best programmers, there will be always a new way the bypass these bans!
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vduy90
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June 08, 2018, 01:35:52 PM |
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to be honest with they have tried and failed like what happened with south korea when the people raised petition and the government had no solution but legalize it. so dont be fud.  |
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zedaq
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June 08, 2018, 01:38:55 PM |
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They will have to try to do this for many reasons, because this is decentralization, that is, if they can kill crypto-currencies in one place, it will still continue to live, because it is decentralized, its bases and masternodes are located all over the planet.
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Melech
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June 08, 2018, 01:44:31 PM |
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i dont think so. i dont think any government can totally kill crypto. okay they can affect the prices by some extra regulations and restrictions. however it is impossible to totally stop crypto. crypto is based on a decentralized blockchain technology.
In fact, to kill the crypto currency you need to kill the Internet. Maybe this is possible in some countries, but in the global world it is impossible. People will find a way to exchange information, which means that the crypto currency will continue to exist. |
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Pom_bensin
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June 08, 2018, 01:46:19 PM |
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the world government has no authority over crypto, the government can only give a rule about crypto because now the crypto is not controlled by the government. so if the government wants to kill the crypto I think it's a stupid thing and it will not happen.
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JanVanHellsing
Member
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Activity: 107
Merit: 10
Decentralised Wearable Devices
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June 08, 2018, 01:46:42 PM |
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"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 can not stop this but if they don’t evolve and find ways to integrate it then it will fire back big time. There are government that are very crypto friendly like Switzerland where you can pay your tax using cryptocurrencies already. They will leave the rest in the dust and shine with new innovative concepts |
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shapegray
Newbie
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Activity: 126
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June 08, 2018, 01:51:35 PM |
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I think it can happen nonetheless in an indirect way. Just ban in, let alone if the country is the big country like America. I will help to make market drop again.
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bitcoinman93
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June 08, 2018, 02:00:16 PM |
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I think it can happen nonetheless in an indirect way. Just ban in, let alone if the country is the big country like America. I will help to make market drop again.
you seem to be very confused, crypto is not banned in US. They're only finding the ways how to regulate it, so of course theyre not happy if someone is already doing things without that regulation at place. But that is related to ICOs. You can freely use crypto in US. |
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Dcoollakky247
Newbie
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Activity: 224
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June 08, 2018, 02:03:01 PM |
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I do not think that the world government can kill crypto. because even those who called the "government" are studying cryptography, they also use it to earn big money, they are used for their own purposes. Most likely, regulations will be introduced by legislation, and the system will change a little, but the market itself will live.
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