KelvinE
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April 16, 2018, 01:59:58 AM |
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they can not kill bitcoin but they can cause injury to it. This is in the sense that they can not erase it but with their public comments it can tarnish the image of the coin and causes a further drop in the value of bitcoin
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Sithara007
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April 16, 2018, 02:11:27 AM |
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they can not kill bitcoin but they can cause injury to it. This is in the sense that they can not erase it but with their public comments it can tarnish the image of the coin and causes a further drop in the value of bitcoin
The value is rising for the past few days. In one week, the exchange rates have risen by almost 25%. I am not sure whether this is a temporary phenomenon or not. In case it is not a temporary phenomenon, then we can confidently say that the government propaganda is not having much impact on the Bitcoin users. |
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Tenderino
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April 16, 2018, 02:20:57 AM |
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If you are able to explain us how a government can replace a decentralized and basically anonymously run system, they probably can. As long as you are not able to do so, they can not and I highly doubt you ever can, because this is technically not possible. Several countries, if not all, probably will one day introduce its own crypto currencies, but those crypto coins are not compareable with the decentralized and privately run, because currencies introduced by governments are usually to take the value of people's work.
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Hallmader
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April 16, 2018, 02:25:40 AM |
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The latest news is that the US government is look closely at Bitcoin. A number of governments such as Russia and China are also planning to issue their own digital currencies. They clearly see a financial threat from Bitcoin.
What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?
If the start and eventually growth of Bitcoin is not brought about by the governments, then I can see no reason why the governments can effectively kill Bitcoin. Bitcoin started and earned fast and solid growth over the years without any kind of help from the governments. That means they have made such amazing achievements independently from the governments. It can exist on its own with only the ordinary people backing them up. Governments may try to cripple Bitcoin by banning it but it will definitely fail to kill it. |
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Brangos99
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April 16, 2018, 03:19:12 AM |
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Are you sure the government can kill bitcoin? In what ways did they kill him? If bitcoin can be killed, but why is bitcoin still present today? It is very difficult for the government to kill bitcoin, although there are some countries that prohibit bitcoin such as china, colombia and ekuador, it is difficult to kill bitcoin because bitcoin is a decentralized crypto currency worldwide.
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Mr.grin
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April 16, 2018, 03:44:09 AM |
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well, bitcoin may not be turned off, because it has spread on the internet. but, the government can ban bitcoin in a country they occupy. it may affect the bitcoin price to be lower. it happens when china bans bitcoin.
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bitzizzix
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April 16, 2018, 03:46:20 AM |
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It can happen, because the government is formed because they are the best and the great and whatever they can do. and it will make it difficult to transact and the government can kill bitcoin for the country. but it is unfortunate that it happens because bitcoin is not a criminal or a murderer, the government should thank bitcoin for being able to help its people on financial and economic matters for the better.
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szhaidar
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April 16, 2018, 04:02:57 AM |
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This will be decision just like a war. Personally I don't think that it is possible because there is lot of investment in BTC and killing it may damage the situation between government and people.
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imking
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April 16, 2018, 06:26:30 AM |
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The latest news is that the US government is look closely at Bitcoin. A number of governments such as Russia and China are also planning to issue their own digital currencies. They clearly see a financial threat from Bitcoin.
What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?
Yes, the government can kill the bitcoin in the way of banning or not allowing the bitcoin to be the use of the people around in their country. Correction they can replace the bitcoin. No matter what happens the bitcoin still the king of all crypto. They can create their coins, but they can’t stop people believe in the bitcoin. |
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quuyt4
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April 16, 2018, 06:30:23 AM |
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This is indeed the case in China. Russia, the United States, and other big countries have formulated their own plans for the future of digital currencies. I believe that it is impossible to stop bitcoin currencies because Bitcoin already owns and spreads around the world.
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Max.junior1
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April 16, 2018, 06:33:29 AM |
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I think when they create the digital currency in the country. They will not be able to kill the cryptocurrency, because crypto is used by the world community and increasingly popular.
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