jak3
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July 21, 2019, 07:59:42 PM |
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Sometimes you guys just started overreacting. I know government for bad and they want to make money and all the stuff I am also human so I know it, but the catch is governments do not want slaves (we are not North Korea we are independent). So, the Government wants us to work and make money for them and something like Bitcoin or any other cryptocurrency will break that chain. Bitcoin gives us freedom so we can make money and spend money like whatever you want it is the first internet's currency and this is how we are going to use it in the future so the government is now trying to control the privacy and other related factors.
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lab rat hoax
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July 21, 2019, 09:40:26 PM |
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To be honest i really like the idea of strong and invincible Bitcoin. But the truth is.. maybe governments can not destroy Bitcoin but i’m pretty sure they can give a serious damage. I mean, no need to ban the whole internet to prevent the bitcoin use.
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omone1
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July 21, 2019, 10:23:42 PM |
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Nations that have been very avast of bitcoin have had traders employ other technological way out to beat the strange policy. The internet has several escape roots except for persons who can't get their way round it.
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finaleshot2016
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July 21, 2019, 10:53:28 PM |
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And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
Yes, bitcoin transaction cannot be cracked and destroyed yet it can be stopped by government's putting regulations or serious damage to it that amy hinder its use and may lead to people's lose of interest to it. If no one uses bitcoin ever again, its strength and invincibility will be useless. The blockchain itself is the good technology that will give strength to bitcoin. The only thing bitcoin will be non-sense is due to the government's decision to ban or internet shutdown. So as a bitcoin user, don't support the currency, support the technology itself. |
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longtkhd
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July 22, 2019, 06:26:38 AM |
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Funny, but I think the price change of bicoin shows that nothing is certain. What happens when the government fears the threat of e-money and prohibits it, just as it does China does not use facebook.
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cipherhut
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July 22, 2019, 07:30:21 AM |
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The technology backing Bitcoin is strong enough to safeguard it and the decentralized nature of Bitcoin make it secure for every hodler.
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keziakusayang
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July 22, 2019, 07:39:15 AM |
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if all countries declare illegal bitcoin destroyed. Although it cannot kill it, it is no longer valuable and enjoyed by many people. the progress of bitcoin is because of many fans. I think the world is getting more sophisticated and all need crypto for the convenience of many things. and bitcoin will still be the best. because of the limited amount I think it's very difficult for other coins to defeat Bitcoin
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romero121
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July 22, 2019, 08:35:45 AM |
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Most of countries stand against cryptocurrency just because of its usage on illegal needs. The market valuation of illegal activities happening through cryptocurrencies were very low compared to the usage of bitcoin on the same. Other reasons stated were the fall in money value of the respective country. The market needs to get widen, until then it is hard to make bitcoin stronger. As it is peer to peer bans won't restrict it from its usage.
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Pixyoxx
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July 22, 2019, 08:58:40 AM |
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Agreed. Bitcoin's strength is that nobody can crack it yet. Although:
1. It depends on the user, they wallet he uses, the way he en-cashes or purchases btc or the way he uses his private keys.
2. Although no one can just eliminate btc but govt agencies can take serious measures against it .
3. Bitcoin tracking is another thing which can't be ignored.
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LMBDA
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July 22, 2019, 02:29:05 PM |
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And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
Therefore making bitcoin powerful. |
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BitcoinPanther
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July 22, 2019, 02:31:49 PM |
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I think we don't need to fight anything that can help us to keep Crypto in the air. What we need to fight are those who give a nad name to Crypto which is scammers. I think we need to focus on. Monitoring these guys so that they will not deceive anyone which may result to something. The government just want to protect is from something that may do us harm.
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ghost424
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July 22, 2019, 03:01:27 PM |
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And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
Its not actually Bitcoin's strength that they cannot crack, it is actually the complicated and wonderful design of the Blockchain Technology. It is impossible for the government to ban it because they cannot even find its roots. They know its integrated into Blockchain Technology but they cannot actually hack into Blockchain because of its Security features. It is truly a remarkable invention and it actually helps people in need. |
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minersday
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August 11, 2019, 02:50:18 AM |
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And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
I don't think I agree with you on this. The strength of Bitcoin is the ideology behind how it was developed and the introduction of blockchain technology into the financial. Blockchain technology is the backbone of bitcoin since it is currently the new technology transforming the world ecosystem. This is the strength of bitcoin. |
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BlackFor3st
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August 11, 2019, 03:08:16 AM |
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You have the exact point out there, banned the internet and you can stop the virus of crypto currencies especially the bitcoin but this will likely never to happen. Some countries have banned bitcoin and the use of it but there are plenty of countries also who are open in accepting while other countries legalized the use of it.
So the foundation of bitcoin is very strong and nobody can surely crack it even in the future or most likely it will spread more.
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shoreno
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August 11, 2019, 04:00:41 AM |
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You have the exact point out there, banned the internet and you can stop the virus of crypto currencies especially the bitcoin
what virus ? you mean the virus that steals info and bitcoins ? or do you mean the adoption ? internet is not fully bannable because its useful and the world will also be stopped without it . but there are certain countries that can ban certain websites if the want to . for the other virus that i mention earier , that is also preventable but cant also be eliminated totally as long as we are online and connected to the internet . |
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fiulpro
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August 11, 2019, 05:04:27 AM |
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I think Bitcoin's strength is indeed GLOBALIZATION
If a country's economy is falling down , then only one thing remains That may still prosper that is Bitcoins.
The price is dependent globally , it's like we are supporting each other even without knowing.
The price can be helpful in the time of crisis when there are no jobs and no value for that countrie's money and at the same time it could also help fight the oppressive governments.
It is so strong that's why people are afraid of it.
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Irvinn
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August 11, 2019, 12:10:22 PM |
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It seems to me that the main features and advantages of Bitcoin are indicated a little incorrectly. Bitcoin is valued not for not being hacked, but for completely different reasons. If you look through the prism of what was said, then in past centuries nobody could physically eat gold coins, but everyone could steal. This is the case with Bitcoin. Pay attention to how many hacking problems are now and what funds from Bitcoin wallets and cryptocurrency exchanges. Today we need to solve the security problem of our cryptocurrency funds and really begin to use the advantages of cryptocurrency for fast and hassle-free digital payments.
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Babyrica0226
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August 11, 2019, 12:47:24 PM |
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And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
That's true! without the internet, all community of bitcoin won't able to use it anymore. Then the government has reason also to ban bitcoin, due to they know that it can be access or open it anymore. But, internet nowadays in the entire world are all connected with it, so it is impossible to ban it. If they can't do it, for sure bitcoin will continue exist were no one can stop its existence. |
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esatceza
Sr. Member
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August 11, 2019, 10:50:08 PM |
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I think the government really doesn't want to ban it completely. They have many ways to destroy it. They can prevent us from converting Bitcoin to fiat and finding account owners when they make conversion transactions. However, I think it is not necessary for the government. In a way, Bitcoin and the crypto market help the economies of nations grow quickly. Thanks to Bitcoin and cryptocurrency, thousands of people have jobs and improve their lives. The government is only afraid of bad guys using it to do bad things like corruption, money laundering, tax evasion, ... So don't worry, the government will never completely ban Bitcoin.
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Gi01
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August 11, 2019, 11:33:07 PM |
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I don't really think anybody in this crypto space thinks the strength of Bitcoin is that nobody can crack it. The strength of Bitcoin has always been the adaptation and usage of blockchain technology in the entire world's transaction systems. Blockchain technology is currently used in many aspect of the world's financial ecosystem and its the basic strength of bitcoin.
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