Can world Government Kill Crypto?

[maeusi]

We saw, that governments are not able to "kill crypto". There could be only one scenario, that could harm the cryptocurrencies. When they combine enough hashpower to overtake the network of one of the leading cryptocurrencies and manipulate it. That would convulse the whole community. But also that would not lead to a "kill of crypto".

[Hatuferu]

We saw, that governments are not able to "kill crypto". There could be only one scenario, that could harm the cryptocurrencies. When they combine enough hashpower to overtake the network of one of the leading cryptocurrencies and manipulate it. That would convulse the whole community. But also that would not lead to a "kill of crypto".

They will only regulate and of course they will not regulate without considering the majority of people.
It cannot be prevented anymore as crypto currency is already born and it's about to make changes in this world, so they have to accept and regulate.

[chutchmcgillicutty]

yes , absolutely.

I´ll tell you why. Because cryptocurrency has been sold, by marketing for "providing a stable way of doing projects". But THE REAL FACT, THE ONLY REAL FACT, is that crypto was used to evade money from goverments. Once the goverments have banned or difficulted this, Cryptocoins have lost in a single month half of its value. HALF!!! and the money in all the cryptomarket has gone from 800.000.000.000 dollars to 283.000.000.000 RIGHT NOW!!!!! THAT'S ALMOST 75%!!!

So....this was clear AF, and i already knew this. The goverments want to destroy crypto (and banks also want that) because whenever you put money on that goverment and banks lose the control and that brings to possiblity to evade taxes. Those mofos, that live at the expense of your money know that if all put money there, they will have less money to give it to their friends and so on.

They have killed cryptocurrency. Absolutely yes.

And this , what is actually happening proves my absolute and undisputable point: the moment goverments have banned crypto, crypto has died, because there is not a single viable project with blockchain. Just evading.

When a market loses 75% of it's value due to regulations, that means something, don't you think??

The market will rebound. Government s can't stop this. To the 🌘

[btccointalk]

"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

No, I don't think that the World would be able to kill crypto. They can just come up with some rules to prevent it's popularity.

[AssemblY]

I strongly doubt that such a country as the US will imprison everyone who uses crypto-currencies, I'm sure that this will entail mass protests

[snowblack]

It's easy to say that the government will kill CryptoCurrency if it do not bring any benefit.
If you use CryptoCurrency, you don't pay TAX, government can't maintain your country.

If all people use CryptoCurrency, FIAT will not be valid. Cryptocurrency used for speculation.

[MasscoinDev]

At most they will be able to devalue and discredit it, and make it difficult to convert fiat into crypto but the online market will still stand. It may not be the same after but it will definitely survive. You cant kill this

[Getmon]

I think the governments cannot kill crypto. When Bitcoin started, there was not a single country yet that pronounced any support to it or even a little acknowledgement. Despite that, Bitcoin grew very organically, albeit lonely. Cryptocurrency at that time was simply about Bitcoin. And it was just like an underground currency that mainstream people hardly heard of. But the support coming from the people themselves caused the growth of value of Bitcoin exponentially.

[MasscoinDev]

I think the governments cannot kill crypto. When Bitcoin started, there was not a single country yet that pronounced any support to it or even a little acknowledgement. Despite that, Bitcoin grew very organically, albeit lonely. Cryptocurrency at that time was simply about Bitcoin. And it was just like an underground currency that mainstream people hardly heard of. But the support coming from the people themselves caused the growth of value of Bitcoin exponentially.

Exactly, the community will keep Cryptocurrency alive

[Psalms236]

From my own point of view,  world government can't kill crypto currency, maybe they have the power and authority to control it, but surely though they have power to kill it they will not do it for the very  reason that they are benefitting from  crypto currency.

[GreenPowerRanger]

They can if they want.Because they controll the internet. When you look at countrys like China, the censoring of the internet is very strong and the people have to get always new ways to bypass this censorship. So the people will always geta way to bypass these censorship, but the problem is that the average people dont put so many time in stuff like cryptos just to get a way to bypass them. They cant kill cryptos 100%, but the can restrict the use of it very much.

[SparkSun]

No never i dont think that world government can kill crypto, then can manipulate it but i dont think that they can kill it. Goverments could have influence on the prices of crypto. crypto expansion it is unstopable.

[JRoa]

"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

I think the government can't destroy or defeat the cryptocurrecy. The only thing that they can do is to ban the bitcoins within their jurisdiction. I know that people will keep patronizing bitcoins.

[Joriecoinbit]

They can if they want.Because they controll the internet. When you look at countrys like China, the censoring of the internet is very strong and the people have to get always new ways to bypass this censorship. So the people will always geta way to bypass these censorship, but the problem is that the average people dont put so many time in stuff like cryptos just to get a way to bypass them. They cant kill cryptos 100%, but the can restrict the use of it very much.

They can if they want.Because they controll the internet.

Really? I'm sorry, but I beg to disagree. The Government can't do that. What they can only do is to regulate cryptocurrency in their country. Or they can even ban cryptocurrency, just like what China did. They banned ICO, and that's the only thing they can do. They can't stop nor kill crypto by just by banning it. The Government may stop the people in dealing with cryptocurrency in their country, but that the doesn't mean that they can also stop the people from another country to be with crypto.

[JuniAiko]

Can't kill a decentralized entity. They may be able to kill centralized exchanges -- but there are decentralized exchanges popping up too, such as AirSwap, etc.

[andrey111]

Now if it were not for such attacks, it is possible that the government would not so rigidly want to tame the crypto currency.
"In the course of the hacker attack of an unprecedented scale, thousands of government websites around the world were compromised by extracting criminals from the Monero crypto currency."

[captain8]

I do not think they would kill it, crypto MC as a whole may just return to levels seen a few years ago and we would take another few years to recover to this stage with regs

[dyline]

Can't world government kill crypto . Because Crypto market is new technology , new era in the world. Goverment kill crypto advance technology are down. I think not only government,Nobody can't destroy crypto.

[chrisfatos]

Governments want to get rid of Crypto and yet everyone uses it. Quite ironic if i must say. Since they are being used by everyone within the government then i doubt it will become obsolete any time soon.

[Cnut237]

"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

The answer is in the question - only a world government could kill crypto by unifying legislation globally. In practice countries can't agree on anything, and the closest we have to a world government is the UN, which is woefully ineffective. And even if a lot of countries ban crypto, there will be a lot trying to exploit the situation by allowing crypto and trying to acquire greater wealth - similar to the global race to the bottom on corporation tax in a bid to attract multinationals.

TL;DR: no.