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Author Topic: Can government destroy Bitcoin?  (Read 1563 times)
joesorrell
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April 12, 2018, 01:38:44 PM
 #1

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?
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April 12, 2018, 01:40:57 PM
 #2

They can try, but they wont succeed. The whole concept of decentralization is what will protect Bitcoin and other cryptocurrencies from governments. They are trying to delay the inevitable!!! Change is coming, they will lose their grip on the world and we will all have equal chances to succeed... 
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April 12, 2018, 01:48:57 PM
 #3

many people and governments want to destroy bitcoin because they see it will destroy the country's currency because of the many restrictions and regulations they make and want to slowly stop it and this will not be easy because I assume that bitcoin is very strong and many countries are using it and up to now not some are harmed even bitcoin brings a lot of cool new winds in industry and business and I hope that the government will soon legalize it Wink
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April 12, 2018, 02:26:19 PM
 #4

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


i think the government cannot destroy bitcoin.
bitcoin is an advance technology, it is decentralized. But the regulations about bitcoin may affect the price of bitcoin.
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April 12, 2018, 02:42:01 PM
 #5




I do not understand why there's always someone asking this sort of thing.
I think you can read many threads in this forum about banning on bitcoins and crypto. bitcoin can not be stopped by all countries, some countries can only prohibit it but not for its growth. see today the market grows pretty well bitcoin up 8k again.
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April 12, 2018, 02:49:55 PM
 #6

the government will never break bitcoin because its users and investors can only damage because they control the price.
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April 12, 2018, 02:50:28 PM
 #7

actually this problem is not important because the government will not be able to destroy bitcoin because this will be a very fatal decision for the country and the negative impact otherwise the government should quickly legalize bitcoin and this will benefit the country and the government will get much support in developing the country and this should be done Grin
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April 12, 2018, 02:51:06 PM
 #8

on the scale of the country concerned, they may be able to minimize the bitcoin space. but it will not just close the chances of using bitcoin in the country. technology continues to grow, they can not shut the internet completely. many avenues can be done to keep doing bitcoin transactions, such as the use of VPNs, proxies, asset sales in overseas markets. it sounds illegal and criminal, but that's the reality that the movement of bitcoin will not be dammed.

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April 12, 2018, 02:51:46 PM
 #9

Governments may try, but they cannot succeed.
Because the idea of bitcoin is decentralized, no government can ban it.

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April 12, 2018, 03:01:29 PM
 #10

The ban does not destroy bitcoin. It seems to me that bitcoin can be destroyed by legalization. It seems ridiculous. But I can explain everything. People are attracted by decentralization and deregulation of cryptocurrency. Many people are now faced with the problems on the exchanges because of the regulation. Do you think this will add to the popularity of bitcoin?

 
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April 12, 2018, 03:04:04 PM
 #11

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yes they can, especially with how they can ban and create laws which make bitcoin unappetizing to the public. Which makes the stock of bitcoin lower and lower into the cryptocurrency market. With that said even if the cryptocurrency are decentralized it is still affected by a lot of factors which are also dictated by the terms set by this world and if a considerable number of governments and places even corporations does this then bitcoin can surely be dropped
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April 12, 2018, 03:07:32 PM
 #12

The simple reason that they won't succeed is that bitcoin is a centralized coin. So with the availability of internet service, a hodler can still have an access despite the restrictions.

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April 12, 2018, 07:40:04 PM
 #13

Maybe they could.
But why would they want to destroy it? If they only regulate it, they can tax it heavily, so they will have a huge income and they don't need to do anything but collecting the taxes.
If they ban it and want to destroy it, they won't be able to do that in the end and also they won't have any tax, any income from bitcoin transactions or profits.
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April 12, 2018, 07:43:38 PM
 #14

Destroy, no.   Cripple, yes.   

sent from my X6
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April 12, 2018, 07:47:10 PM
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Bitcoin will live as long as a handful of computers run the bitcoin software on a network .It is likely  that it will still be the top cryptocurrency in the coming years, unless the community destroys itself due to greed or carelessness.
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April 12, 2018, 08:36:49 PM
 #16

I can even say how they can destroy! they can just buy up the bulk of the coins and that's it. The market is dead)
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April 12, 2018, 08:42:41 PM
 #17

no

the only thing they can do is restrict the movement from FIAT to crypto
or "punish" in the form of taxes people when they move crytpo back into FIAT.

The key is FIAT, that is all they can control, not crypto.

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April 12, 2018, 08:52:58 PM
 #18

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



I think hard on governments around the world, what is the reason the government forbids Bitcoin?
If I think Bitcoin does not harm all countries so why Bitcoin should be banned, the question is why the new government recently forbade bitcoin to grow, that we know that bitcoin has been going on for quite a while, even where the government at a time when bitcoin prices are still cheap, and there is no ban from the government, whether the government is urged by the banks around the world, so bitcoin growth is not too widespread, of course not, even more and more new users to join Bitcoin ...
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April 12, 2018, 10:11:06 PM
 #19

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?
These government could stop the growth of bitcoin momentarily and i have not seen any major governments taking a stance against bitcoin, some of the Asian countries have mixed response according to the region but they cannot shut the network but they can make things difficult for the users to trade smoothly.
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April 12, 2018, 10:33:46 PM
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i don't think that government can destroy Bitcoin , if they can do it why they let Bitcoin enter to wallstreet ? Wink
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April 12, 2018, 10:37:13 PM
 #21

As we have seen, the government has long disagreed with bitcoin, but here the bitcoin is still roads and triumphs with no support by the government, because the bitcoin that many people like with Blockchain technology and decentralized systems has.
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April 12, 2018, 10:53:05 PM
 #22

What kind of destruction are we talking about here? As for complete shutdown of bitcoin in a country, no, it simply cannot happen. Legal trades and the likes might face these kind of bans but the overall usage of bitcoin in a country would still be operation since there isn't a central server or node that can issue a blacklist on all IP addresses belonging to a certain country. So yeah, you may not be able to send and receive money that came from bitcoin in a legal and allowed way however you can still do P2P trading if such a scenario ever happened to your country.

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April 12, 2018, 11:14:22 PM
 #23

I do not think it's easy for the government to destroy bitcoin, so many governments want to try to destroy but bitcoin still stands as strong as this, bitcoin is not dependent on government because bitcoin is unregulated and can be owned by anyone with a decentralized system.

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April 12, 2018, 11:22:28 PM
 #24

BTC invests too much, and it is easier for the government to destroy individual confidence than to destroy it.

In their view, BTC is no different from gold, real estate or apple stock.

The value of BTC comes from the user's confidence.
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April 12, 2018, 11:30:31 PM
 #25

You should remember that Bitcoin is not under the control of anyone, not by any organization or government, so it can not be destroyed by any individual or entity, it is only Destroy only when no one deals cryptos anymore. The government can ban cryptos, and that affects the rate of the cryptocurrencies market only!

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April 12, 2018, 11:30:45 PM
 #26

BTC exists to break national boundaries. The biggest advantage of bitcoin is that it can transmit transactions directly across the Internet without relying on third parties.

BTC is an advanced technology. How can advanced things be blocked?
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April 12, 2018, 11:40:36 PM
 #27

possibility close to 0%. They can stop for awhile, but not for long. Demand for cryptocurrency especially Bitcoin is increasing, eventually even government force to adopt Bitcoin.
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April 12, 2018, 11:49:42 PM
 #28

I think the government cannot destroy bitcoin because the government did not own cryptocurrency they don't have any access in bitcoin the only person that can destroy the bitcoin is the founder itself.
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April 12, 2018, 11:51:20 PM
 #29

You should remember that Bitcoin is not under the control of anyone, not by any organization or government, so it can not be destroyed by any individual or entity, it is only Destroy only when no one deals cryptos anymore. The government can ban cryptos, and that affects the rate of the cryptocurrencies market only!
Right.No one is capable of destroying bitcoin since it is not controlled by any government or high officials in the country.The government may banned it but they can't stop the people from using bitcoin and making investments in bitcoin.It will be only destroyed when people decided not to use bitcoin anymore in their daily transactions.

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April 12, 2018, 11:52:14 PM
 #30

although the government has the power and a rule, but there is no reason for the government to seize and destroy bitcoin. because bitcoin has provided a great advantage for its users. bitcoin can also we use without government intervention, so I think the government has no rights and can not do it all.
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April 12, 2018, 11:59:46 PM
 #31




I do not understand why there's always someone asking this sort of thing.
I think you can read many threads in this forum about banning on bitcoins and crypto. bitcoin can not be stopped by all countries, some countries can only prohibit it but not for its growth. see today the market grows pretty well bitcoin up 8k again.
I absolutely agree with you, I don't know either why they always open up topics that previously discussed before. We know the fact that it's easier to directly ask compare to conduct some research, maybe that's their reason behind it. But in my opinion, this is not a good habit at all because it provides spoonfeeding. Well, it's not my business anymore, i just continue answering their questions because all I want is to help them.

Going back to OP's question, it is impossible for a government of a particular country to ban crypto worldwide. What they can only do is to give regulations or even ban it also in a sense that countrymen can't convert it into their fiat, that's it. Restrictions of cryptos can only be implemented within the sovereignty of a country.
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April 13, 2018, 12:04:10 AM
 #32

actually this problem is not important because the government will not be able to destroy bitcoin because this will be a very fatal decision for the country and the negative impact otherwise the government should quickly legalize bitcoin and this will benefit the country and the government will get much support in developing the country and this should be done Grin
Yes I agree with. There are governments who are looking bitcoin as illegal but it is obvious that it is not because bitcoin is not against the law. They just misunderstand what bitcoin is. They can't destroy bitcoin without a valid reason. And I think there are also a great number of people who supports bitcoin because we experience how helpful it is to us.
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April 13, 2018, 12:14:59 AM
 #33

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


They can not destroy bitcoin. Bitcoin system is decentralized and its hard for government to touch bitcoin. Bitcoin data is spreading around the world and as long internet still exist and community using it, bitcoin can not destroy by government or other institution
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April 13, 2018, 01:05:34 AM
 #34

They can't destroy bitcoin but they can definitely ban bitcoin and everything that is related to it. Like those countries were bitcoin is banned (Thailand, China, India, Germany, Bolivia, Russia - not sure if there are others), the citizens doesn't have any choice but to obey or transfer to other countries were they can use bitcoin. What I am not sure of is that if they can still access their coins even if bitcoin is banned in their county.

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April 13, 2018, 01:11:37 AM
 #35

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

They can easily do destroy bitcoin like ban it but there's no need to do that because we can easily use this to have worth like we can use this to pay bills and to do an easy transaction in other country so if they destroy this that's not good for their country another thing if you experience not good here like you experience a lot of investing here that not go well i think better for you to leave then back after you already have knowledge or just don't do investment

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April 13, 2018, 01:18:17 AM
 #36

It is impossible that the government can destroy the bitcoin. We all knownthat bitcoin is decentralized, it came from a blockchain technology. Not unless they have an advance technology that can destroy the blockchain. They know that bitcoin has a lot pf advantages and especially in economic growth of the country but they choose to be blind because they are thinking that maybe bitcoin will wipe away the traditional currency that we have and they are controlling.
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April 13, 2018, 01:20:06 AM
 #37

Do you think can government distroy bitcoin?
Destroying bitcoin? You mean breaking down every bitcoin's that's in their jurisdiction? There's no way to destroy bitcoin that's why they are stopping the use of it because it's decentralized, nobody controls the supply and it's number is already there until it fully fills the whole 21 Million supply. I wonder what type of destruction is in your mind, you should elaborate it.

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April 13, 2018, 01:22:09 AM
 #38

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I think crypto in a whole has the government terrified. It can completely change the way we look at finance in a whole. For something to take the power out of their hands and put it into the hands of the people, it's dangerous,
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April 13, 2018, 01:26:07 AM
 #39

Maybe yes,  because government have a power to destroy but it is not to easy because bitcoin is the king of all currency they can ban bitcoin but they can't destroy it easier because as long as the world have an internet bitcoin are still exist and many people are disappointed on if the government destroy it.
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April 13, 2018, 01:27:45 AM
 #40

a ban on bitcoin by the government could have a negative effect on bitcoin, but it can not destroy bitcoin. bitcoin growth is influenced by investor demand for bitcoin, world economic conditions, political issues as well as laws and government restrictions in it. if all those factors are likely to be bitcoin will be destroyed, but if the government ban on bitcoin then I think it will not destroy bitcoin although it can affect the growth of bitcoin selling value.
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April 13, 2018, 01:35:22 AM
 #41

I dont think so.Bitcoin cant be destroy easily by the government because they dont own it and wheather they like it or not many people will still invest and work for bitcoin because it helps them alot rather than the government.
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April 13, 2018, 02:03:06 AM
 #42

Maybe it can happen but will not succeed in eradicating it cleanly, since bitcoin is very beneficial to its users and very profitable ... so anyway people will try to stick with bitcoin or in cripto .. I think the government should not oppose bitcoin or forbid it because bitcoin not criminal or fraud, and the government should be grateful to the bitcoin that has helped its people become better and more prosperous..
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April 13, 2018, 02:11:56 AM
 #43

No government could not stop an individual to invest in bitcoin. THe system is composed of worldwide investors and even if one county could be able to put a stop in investing or joining bitcoin but still bitcoin will operate. Somehow government are only doing an advise about bitcoin risk however most of the individuals who are investing bitcoin are having good time with bitcoin. So they could no be able to put a stop of an individual to invest in bitcoin. The same thing if a country will ban cryptocurrency in their area but people who are used in doing crypto will still be able to invest and do bitcoin or cryptocurrency because they could not be able to trace those people that will do bitcoin investment. If the government can trace will there are many of them to trace so you can still make bitcoin investment and had a little chance to get caught by the government authority.

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April 13, 2018, 02:15:50 AM
 #44

definitely not. because bitcoin is stronger  as of now and will still stronger for the our support so thats why bitcoin is undestroyable.
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April 13, 2018, 02:25:26 AM
 #45

Government are trying to destroy bitcoin but they will not succeed because bitcoin is an independent entity. Lot of people are engage with it so its strong and stable and cannot be easily destroyed by anybody who wants to. I think government should support with bitcoin through taxing it to generate revenue for the development of a certain country and to the people as well. Government should see the good effect that bitcoin brought to the people who are engage with it because the lives of the many becomes better.
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April 13, 2018, 02:54:01 AM
 #46

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

yes government can destroy a bitcoin because they have a rights to banned a bitcoin and other countries they banned a bitcoin and the governments also banned the bitcoin in other countries bitcoin they did not want to replace thier real currency

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April 13, 2018, 02:59:05 AM
 #47

Some countries are boycotting bitcoins for the time being. I don't think they want to destroy bitcoins. Their boycott is just to suppress the development of bitcoin, because they worry that bitcoin will replace the functions of many industries, which will reduce their control of these industries. Like banking, there are many functions that can be replaced by encrypted currencies.
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April 13, 2018, 03:28:05 AM
 #48

Bitcoin is decentralized, and no government can destroy Bitcoin. The reason why Bitcoin was destroyed can only be from the inside, self-destructive. But Bitcoin is now very safe to be destroyed.
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April 13, 2018, 03:28:12 AM
 #49

Right now .seeing the the current market the answer is no...as Japan and South Korea are already in the game...and other country also want to be part of this distruptive technology....So government was able to stop when it's week like 8, years ago....but right now it's known to everyone...and seems quite dificult to stopped it..
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April 13, 2018, 03:34:51 AM
 #50

Government can not destroy Bitcoin. Bitcoin is a wordwide spread asset and no body control it. Government may accept it or may not  accept it.
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April 13, 2018, 03:41:17 AM
 #51

I think in our country the government does not prohibit the development of bitcoin, because for bitcoin for the government we can reduce unemployment for its people, so bitcoin according to our government really produces more profitable and appropriate for the society. so our government will not destroy the existence of krypto money.

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April 13, 2018, 03:41:25 AM
 #52

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

some governments are currently still banning the use of bitcoin, but when it comes to crushing or eliminating bitcoin, it's certainly not an easy thing to do, while there's still an internet network for me the government will not be able to eliminate or destroy bitcoin, that's my opinion.
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April 13, 2018, 03:50:59 AM
 #53

They only banned it and are impossible to intend to completely destroy it, anyway it would never happen if bitcoin can be destroyed until it's completely gone, that's a ridiculous thing which never happened.
No wonder why it can not be destroyed, well it really does have unique characteristics and is one of the new sophisticated technology that's created till developing very well.
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April 13, 2018, 03:55:51 AM
 #54

I think the government can not destroy the bitcoin because many bitcoins and bitcoins are a lot of people who know bitcoin so I think no one can get rid of bitcoin because legit bitcoin in other countries and many people support it

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April 13, 2018, 04:03:10 AM
 #55

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?
Destroy in terms of getting inside the country? They can stop it once in awhile by implementing ban and other rules engaging the prohibition of bitcoin.

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April 13, 2018, 04:10:29 AM
 #56

I think the government can kill bitokoyn in a separate country, a separate government can greatly affect the course, but not to kill.

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April 13, 2018, 04:18:34 AM
 #57

indeed the government is trying to do and ban bitcoin but I am sure the government will never be able to.
knowing bitcoin has a very smart idea and no government can stop its popularity. And I'm sure bitcoin will continue to grow despite a lot of negative news about bitcoin and become a negative talk of some governments.
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April 13, 2018, 04:30:25 AM
 #58

Fortunately, very few countries have taken steps to ban cryptocurrencies to date. But the threat is legitimate. Governments might not be able to prevent all cryptocurrency transactions, but they can significantly discourage their use. With this in mind, we should continue to push for choice in currency. We should continue to explain the benefits of financial privacy and stateless monies. However, we should also support sensible regulation that would preserve most of the benefits from cryptocurrencies while eliminating the major justifications for outright bans. It is a second-best solution. In a world with powerful governments, it might be the best one can hope for.
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April 13, 2018, 05:02:36 AM
 #59

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

The government of any state can take an official decision to ban the passage of bitcoin on its territory. However, it can not destroy bitcoin. It will not even be able to fully control the fulfillment of its decision to prohibit the passage of bitcoins. People vseravno will use it, using the Internet, which is forbidden even more difficult. The government can significantly complicate the use of bitcoin if it simultaneously prohibits the work of crypto-exchange exchanges, exchangers and Internet sites on its territory where the problems of crypto currency are discussed. However, bitcoin is an electronic monetary system of a peer-to-peer network, which does not require the participation of third parties and any transactions can be committed by citizens directly. Therefore, bitcoin is almost impossible to destroy.

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April 13, 2018, 05:09:38 AM
 #60

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Bitcoin is a currency that is causing a lot of fluctuations in the market, which is a lot of countries think that with the influence of Bitcoin there may be signs of recession in the market in their country should contain Bitcoin in The market is impossible, and they want to eliminate the virtual currency.

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April 13, 2018, 05:12:08 AM
 #61

I can not eliminate it, but it reduces the popularity of bitcoin in that country. Forbidden cancels purchases. He will punish. It blocks in one way but can not lift it. I do not give a chance.
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April 13, 2018, 10:13:15 AM
 #62

I think it is not possible for government to destroy bitcoin. Many tried but none of them succeed. Even professional and great hackers tried to hack the blockchain but still, it seems impossible for them to have access and to take over it. Maybe someday, they can, but as of now, it would be hard for them, they still need to learn more about it.

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April 13, 2018, 10:28:29 AM
 #63

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?



They can try, but they wont succeed . Because the bitcoin is so strong and so many people trust in bitcoin
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April 13, 2018, 10:46:00 AM
 #64

Government can not destroy bitcoin.they have no reason to do that.
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April 13, 2018, 11:05:11 AM
 #65

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

No, because bitcoin is now popular all over the world, how can they destroy it if bitcoin can help the citizen of their country, can help the member of their community to earn more money. Bitcoin cannot destroy bitcoin even if they make or use a law to delete bitcoin in a country, users of the bitcoin will fight back to not remove the bitcoin in the country.

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April 13, 2018, 11:47:45 AM
 #66

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Prohibit nothing. The forbidden fruit is always sweet is not it?
It is much easier to conduct an organized attack on bitcoin in order to ruin its cost and thereby kill in people the belief in bitcoin, the belief that you can earn money and use it as a means of payment.

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April 13, 2018, 11:52:45 AM
 #67

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

they can ban it in their country but they cannot destroy it only the creator can do that way. bitcoin is a digital currency and it is supported by blockchain its hard to hack or going to the back end. no one will do something danger to bitcoin because it is useful to us.
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April 13, 2018, 12:21:18 PM
 #68

No because the government dont have a authority in bitcoin, but if theres someone expert in hacking maybe theres possibility that bitcoin can steal by hacking only even thought alof of peoples says the bitcoin is the strongest security ever... so the happening the security and hacker are already fighting for bitcoins and make sure that satoshi nakamoto can make another security to avoid hacking...
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April 13, 2018, 01:06:19 PM
 #69

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I think even if they do, they wouldn't succeed. Just look at the other countries who already banned Bitcoin, still there are a lot of people who are using it. The main idea behind bitcoin is to create a currency free from government and banks, and this is something that we want. For as long as we have internet, we can use bitcoin anytime, anywhere! Nah, how can they destroy something that's giving people the opportunity to earn the legal way and making our life more convenient?
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April 13, 2018, 07:10:53 PM
 #70

They can try, but they wont succeed. The whole concept of decentralization is what will protect Bitcoin and other cryptocurrencies from governments. They are trying to delay the inevitable!!! Change is coming, they will lose their grip on the world and we will all have equal chances to succeed... 
They want to let them do it will not affect the price and the importance of bitcoin in market and for us to me the best thing is the bitcoin same as me million of people in my country think that bitcoin is the best currency it will never go wanted, today the price of bitcoin is increasing because bitcoin has profit and people are accepting is, bitcoin will never get destroyed because bitcoin is the best thing that no other thing can ever be like bitcoin ever, it is impossible to destroy bitcoin.



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April 13, 2018, 07:19:15 PM
 #71

Governments can ban cryptocurrencies, because they're being pushed by financial institutions who are afraid bitcoin might take over. But the authorities realize the value of crypto and blockchain, so they may be not that keen on eliminating this new technology. They will regulate and tax cryptocurrencies, but they will not deliberately destroy bitcoin.

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April 13, 2018, 09:33:46 PM
 #72

Not a chance, it is something the people want and the governments cannot stop it. They can only make things difficult for it's population but it will be a backwards step for their country.

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April 13, 2018, 09:39:24 PM
 #73

this question is not even relevant anymore as no government or their organization is interested in destroying bitcoins , over the past couple of months what we have see is where governments and even well established reputable companies have taken a positive stance on bitcoins , its clear now to everyone that crypto currencies will in the future become the means of exchange.

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April 13, 2018, 09:41:06 PM
 #74

No, the governments will not be able to destroy bitcoin, but it can do anything to make it as unattractive as possible for ordinary people.
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April 13, 2018, 09:50:18 PM
 #75

Government cannot destroy bitcoin,not anyhow, because they don't have what it takes to do it, it's a decentralized system,where the power lies in the persons that are using it..
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April 13, 2018, 10:00:54 PM
 #76

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

they can ban it in their country but they cannot destroy it only the creator can do that way. bitcoin is a digital currency and it is supported by blockchain its hard to hack or going to the back end. no one will do something danger to bitcoin because it is useful to us.
In fact they do not know the importance of bitcoin therefore they are trying to ban bitcoin, but i do not think that still they can stop their people not to use bitcoin, in future i think that they will review their decision and will hopefully start accepting bitcoin as legal country and will surely allow their people to use bitcoin for business and for shopping etc, because bitcoin is going to be the future currency.
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April 13, 2018, 10:02:32 PM
 #77

They can try, but they wont succeed. The whole concept of decentralization is what will protect Bitcoin and other cryptocurrencies from governments. They are trying to delay the inevitable!!! Change is coming, they will lose their grip on the world and we will all have equal chances to succeed... 
I guess you were right since a decentralized crypto currency could be too hard for the government from stopping it. You are right, they can try but they won't succeed. It will require a global or maybe universal approval to stop Bitcoin but since they can't do that, their only way of stopping it is banning it to their country. But people can still use it since it on the internet, i wonder if the government would do such thing after all when we are already in the new modern technology world.

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Arlibtchunt2018
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April 13, 2018, 10:13:18 PM
 #78

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I think they can't. If you see the only thing that the governments can do is to ban bitcoin in their country but they cannot totaly destroy bitcoin. They can't control it most importantly they can't regulate it. This are the factors that thoroughly destroy their thoughts on making a move on bitcoin.

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babyaia
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April 13, 2018, 10:19:57 PM
 #79

I think no,because the government dont have access in bitcoin.They can ban cryptocurrency but they cannot destroy it.
ivee
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April 13, 2018, 10:24:51 PM
 #80

I think no,because the government dont have access in bitcoin.They can ban cryptocurrency but they cannot destroy it.

Yes. I believe that As long as the government you’re talking about can handle bitcoin server or they have the access on the server of bitcoin, They can ban it. But, I think its impossible. Satoshi Nakamoto is not in the government to be against in this wonderful creature and masterpiece. And Hw/She will not allow to destroy it. Bitcoin exist forever.
richardsNY
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April 13, 2018, 10:24:58 PM
 #81

No, the governments will not be able to destroy bitcoin, but it can do anything to make it as unattractive as possible for ordinary people.

It's too late for that now. I am fairly sure that if they did everything they could to discredit and tarnish Bitcoin back in the very early years, they could and probably would book success. However, with countries legalizing Bitcoin, large professional parties getting involved in this ecosystem in more ways than one, merchant adoption increasing, less negativity in the media, crypto in general has gained a whole lot more credibility. One must be living under a rock to not know Bitcoin. The only thing these people need is a trigger to enter the market, and we have been very successful in that, especially so when it comes to the adoption boost of last year. Nothing can even remotely describe what happened last year. Exchanges receiving numerous +100,000 signups within 24 hours is just insane....
neoandtrinity
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April 13, 2018, 10:26:41 PM
Last edit: April 14, 2018, 11:14:11 AM by neoandtrinity
 #82

As recently government are banning bitcoin in some countries. Do you think can government bitcoin?

I think the government can not destroy the bitcoin  but they can ban crypto and ICO then the negative news will normally cause individuals to sell BTC and I think Bitcoin's value is going down.
harobaru
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April 13, 2018, 10:28:06 PM
 #83

government can not destroy bitcoin because bitcoin is digital currency and its information is not any one place. so it is impossible.
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April 13, 2018, 10:29:15 PM
 #84

Bitcoin cannot be destroyed by the government because Bitcoin itself is a self-contained model, independent of any individual, organization or government. So the government's ban on cryptocurrencies only affects Bitcoin's exchange rate instead of destroying them. The government's ban on BTC has made the crypto's appeal even higher because the exchange rate of the BTC has increased steadily.

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April 13, 2018, 10:50:03 PM
 #85

Yes the  government can destroy BTC, policy and regulations against Bitcoin has a major detrimental effect on  and on the growth and  acceptance  of Bitcoin, the advantage BTC has is the decentralized platform, with this in place it will be difficult for  goverment to destroy BTC.
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April 13, 2018, 10:57:49 PM
 #86

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


The technology is unbreakable and cant be controlled by any government. They can change people's mind and even ban it, but the thing is it will continue to go on. The only way to make it useless is when people dont use it anymore and it's there is no longer demand in the market. Bitcoin has decentralized feature and no one can have full control over it, the has control over all his funds.
Tnt1971
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April 13, 2018, 10:59:57 PM
 #87

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

A government and their people only the main catalyst of destroying bitcoins.a government can legalise bitcoin worldwide and a government  can ban bitcoin worldwide.

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April 13, 2018, 11:01:09 PM
 #88

the government destroys the bitcoin is just an impossible dream. I can only see if the government can only apply a rule without being able to destroy. because the government does not have the authority of it.

jhonvir666
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April 14, 2018, 08:55:48 AM
 #89

 Smiley  We do not know where to go for the purpose of the puppets are so many poachers and scamers who want to destroy the bitcoin and sometimes there are people who are not accredited about bitcoin so we do not blame it even though the government sometimes did not allow bitcoin.at there are also countries where bitcoin is being banished because of its destruction and lack of confidence that bitcoin binds. This does not mean that bitcoin is being attacked by the government right now that the government is now receiving a cryptocurrency in all the world especially now that the government is open to a bitcoin. except in countries rejected by bitcoin or banned countries so bitcoin can not be destroyed by government ..
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May 03, 2018, 10:53:27 AM
 #90

Yes it can be that bitcoin can be destroyed by government as you see now government is banning bitcoin is some countries and bitcoin couldn't resist about it. But I'm pretty sure that if bitcoin will banned bitcoin all over the world, bitcoin will make a way to have another crypto that is hidden from government.
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May 03, 2018, 11:01:35 AM
 #91

They can affect the bitcoin growth by banning in their own country. Once a government bans bitcoins, people in that country will be scared to invest in it.
Bugcoin5
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May 03, 2018, 11:03:47 AM
 #92

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

It is impossible to destroy the existence of bitcoins, no one or any government has the ability to do so.Bitcoin is too big to destroy the governments can’t ban something they can’t control, if they would like to destroy it, they would have to erase every node in the network which is nearly impossible - All the computers which contain the blockchain history need to be put offline.
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May 03, 2018, 11:15:28 AM
 #93

Government cannot destroy bitcoin as a whole,  they can only restrict or prohibit cryptocurrency within their country. Government may intervene and imposed regulations from banning bitcoin to enter to their country but  they won't be able to put end in it. Moreover, they won't be able to tell other countries from using and accepting bitcoin as a mode of payment. Thus,  bitcoin can never be defeated by the government.
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May 03, 2018, 11:18:30 AM
 #94

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

I think they could not eradicate bitcoin because Bitcoin was the largest distributed computing project by several orders of magnitude, and to successfully fork the Blockchain they would need to coordinate an amount of computing power of the existing ones running the bitcoin software.
KateOrigami
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May 03, 2018, 11:21:38 AM
 #95

I can enjoy a wonderful bathroom, even if no one else does. But the usefulness of potential money, such as bitkoyn, depends crucially on whether other people use them. We must coordinate our beliefs. If someone does not believe that others will use bitcoins, they will be less inclined to accept it. For cryptresources that lack some non-monetary usage, this means that demand can fall to zero, even if everyone chooses its appropriate alternative.

In general, governments can define an exchange environment, coordinating beliefs, applying a transaction policy and punishing users of alternatives
Happydd
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May 03, 2018, 11:32:53 AM
 #96

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

In my opinion, the government only contributes to reducing bitcoin investment, not completely destroying it. In fact, in Vietnam the government does not accept bitcoin but bitcoin is still growing. Many businessmen, despite the prohibition to get rich from bitcoin.
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May 03, 2018, 11:43:58 AM
 #97

The government should see the good effect that bitcoin brought to the people who are engage with it because the lives of the many becomes better. Even if the government are trying to destroy bitcoin but they will not succeed because bitcoin is an independent entity. Lot of people are engage with it so its strong and stable and cannot be easily destroyed by anybody who wants to.I think it good to see our government will support with it through taxing and to generate revenue for the development of a certain country and to the people as well.
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May 03, 2018, 11:47:44 AM
 #98

They are just threatened with the concept of bitcoin that is why they want to destroy it. Unfortunately, they cannot do that, they may be able to lessen the number of investors or users per country, they may put some restrictions or rules but they cannot destroy the fact that bitcoin is a decentralized system and any person can use it. If they were just able to realize the good effects of it they would use it for the betterment of their country and not do the other way around.

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May 03, 2018, 11:51:58 AM
 #99

Some of the country banned bitcoin but they have some country accept bitcoin to use payment in online shopping and they have some banks accept bitcoin and can convert from bitcoin into physical money. So government can't  destroy totally  the bitcoin because of the supporters  and community.
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May 03, 2018, 12:07:30 PM
 #100

Governments can`t destroy bitcoin because officials don`t have profound knowledge of what it is and how it works. They see that it`s a new kind of currency - virtual, decentralized, volatile and uncontrolled. And they fear it. But as time goes by they realize all the advantages and those who do it first they will be on the leading positions and those who don`t they will follow.
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May 03, 2018, 12:09:57 PM
 #101

if all countries forbid bitcoin then it will destroy bitcoin because if the government(countries) prohibits the use of bitcoin then its citizens will automatically be punished and will further reduce the interest of users to use bitcoin around the world, if bitcoin users reduce the bitcoin price will decrease because bitcoin price depends on the user (demand and supply on the market) then the total amount of bitcoin and its holders, as well as the news and over time the bitcoin is not profitable anymore and bitcoin is lost from this world. for the possibility of this happening is small because bitcoin is very profitable (influence) in the world economic factors.
charlemagne_15
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May 03, 2018, 12:12:05 PM
 #102

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yeah of course. They can definitely destroy the bitcoin. Governments are afraid of it due to they can't have a power over bitcoin. They also can't fully control it unlike in the paper money. Setting some rules, regulations, and laws might be their way to damage the bitcoin. Banning it all over the world us also a way to stop the bitcoin. But I guess they can't do it because of the continuous groeing and develipment of bitcoin. Governments might lessen the investors and users but they can't fully stop people to use it.

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cryptobluemoon
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May 03, 2018, 12:13:25 PM
 #103

No governments can either ban or destroy bitcoin in any time future bitcoin is decentralized network no central authority can control the bitcoin network
whoisyourking
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May 03, 2018, 12:17:21 PM
 #104

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yes only government can destroy bitcoin if the world government agree that bitcoin will treat as ilegal and government implement an legal action to banned bitcoin world wide.
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May 03, 2018, 12:19:14 PM
 #105

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

No, they cant destroy bitcoin. From the past years governments and banks declares war against bitcoin. But bitcoin stand still and became stronger and stronger. The governments bans bitcoin just because some people used bitcoin from illegal acts.


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ngano ba
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May 03, 2018, 12:20:21 PM
 #106

No, government can not destroy bitcoin because government have no hold for bitcoin and its opeteation , this is because bitcoin is decentralized cryptocurrency in the digital world ,so government can not impliment its policy to the bitcoin government.
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May 03, 2018, 12:20:32 PM
 #107

I don't see the government of any country destroying bitcoin they can only come up with policy and laws that would not be  friendly with it, nevertheless bitcoin will still thrive though might not be openly traded.  
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May 03, 2018, 12:21:40 PM
 #108

Not at all and that is why its decentralized except if all country will banned it and they force all people to sell their bitcoins it will start the crash of its price and then suddenly will die.

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May 03, 2018, 12:24:24 PM
 #109

Government can't destroy bitcoin they can only ban it nothing more and i think bitcoin will be the currency of many countries in the world
Bruce1614
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May 03, 2018, 12:25:27 PM
 #110

Truly they can, particularly with how they can boycott and make laws which make bitcoin unappetizing to people in general. Which influences the supply of bitcoin to lower and lower into the cryptographic money advertise. So regardless of whether the digital money are decentralized it is as yet influenced by a great deal of elements which are additionally directed by the terms set by this world and if an impressive number of governments and places even organizations does this then bitcoin can unquestionably be dropped
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May 03, 2018, 12:38:10 PM
 #111

Bitcoin can not be stopped by all countries, some countries can only prohibit it but not for its growth. actually this problem is not important because the government will not be able to destroy bitcoin because this will be a very fatal decision for the country and negative impact if the government should immediately legalize bitcoin and this will benefit the state and the government will get much support in developing the country and this should be done.
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May 03, 2018, 12:57:23 PM
 #112

Maybe they can do it once they make and implement a law that forbid or banning individuals using bitcoin. But maybe its a long process before they succeed.

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May 03, 2018, 01:02:09 PM
 #113

No government cannot destroy bitcoin . so many country government already declared it is legal some few country still not approved it . i think in future every country can create own crypto currency  . fiat currency always controllable but crypto not controllable .
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May 03, 2018, 01:25:36 PM
 #114

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yes of course the government have all the right to impement the law, if they prohibit the use of bitcoin in their country and to people as well.
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May 03, 2018, 02:41:14 PM
 #115

Personally I can`t see the particular ways governments can destroy bitcoin. If they don`t understand the "machinery" of it, how they can influence it? I`m sure that officials ain`t that silly and if they see advantages they use it in their own interests. The time of bitcoin hasn`t just came.
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May 03, 2018, 03:01:43 PM
 #116

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

i think they cannot,bitcoin is become bigger and bigger now million of people has now invested in bitcoin so government has not that easyto destroy bitcoin,

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May 03, 2018, 03:21:55 PM
 #117

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

i think they cannot,bitcoin is become bigger and bigger now million of people has now invested in bitcoin so government has not that easyto destroy bitcoin,
I agree with you, Bitcoin is the currency with the technology in it that is Blockchain and Bitcoin can not be destroyed , there are now many countries that legalize the use of Bitcoin. Bitcoin is become bigger and bigger now.

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May 03, 2018, 03:24:35 PM
 #118

I think they cant. Bitcoin is very successful and big industry beside there is no big effect of it to the real world but make the people grow. In short there is no bad reason to totally ban bitcoin.
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May 03, 2018, 03:25:55 PM
 #119

I think they cant. Bitcoin is very successful and big industry beside there is no big effect of it to the real world but make the people grow. In short there is no bad reason to totally ban bitcoin.
They can't kill bitcoin, even if they try ... Fans of cryptocurrency fear government regulation could ruin it, but they shouldn't be concerned. ... As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin.
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May 03, 2018, 03:44:12 PM
 #120

I think the government can not afford the power of the country, especially as many countries know that bitcoin and legitimate countries are connected to bitcoin so the bitcoin can not just break the government because it also supports bitcoin
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May 03, 2018, 03:48:06 PM
 #121

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Yes the government have all the right to protect their citizen so if the they think bitcoin is not good , the government can easily banned bitcoin for the benefit of the people
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May 03, 2018, 03:56:19 PM
 #122

There is a posibility that the governments will desrtroy bitcoin. As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin. Bitcoin is the currency with the technology in it that is Blockchain and Bitcoin can not be destroyed , there are now many countries that legalize the use of Bitcoin. Bitcoin is become bigger and bigger now. Insert Quote
Government can't destroy bitcoin they can only ban it nothing more and i think bitcoin will be the currency of many countries in the world.
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May 03, 2018, 04:05:11 PM
 #123

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

They can ban bitcoin in their government why not! But they can not destroy it. As long as the internet exist.
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May 03, 2018, 04:06:04 PM
 #124

I think they can't. Bitcoin is very successful and big industry. Bitcoin is become bigger and bigger now. Government can't destroy bitcoin they can only ban it nothing more and i think bitcoin will be the currency of many countries in the world.
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May 03, 2018, 04:39:24 PM
 #125

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


although here I am a beginner, and do not know much about bitcoin yet, but I think to be able to destroy bitcoin is not easy, even though the government does not seem to be able to destroy it, while the internet is still there, bitcoin will be hard to destroy.
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May 03, 2018, 04:40:44 PM
 #126

The governments cannot destroy Bitcoin. They can just ban Bitcoin or accept it in their countries. Bitcoin is decentralized and i hope it will not change in the future too. Also, why would they want to destroy it ? This market is the future of currencies.

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May 03, 2018, 04:42:33 PM
 #127

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

The Chinese government has taken a bite out of the decentralization of Bitcoin. How good is it? It clearly supports Bitcoin.
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May 03, 2018, 04:56:46 PM
 #128

They will do all they can to destroy Bitcoin but i bet they can't! I hope they won't. We are in the new era they should accept new technologies and this internet money.
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May 03, 2018, 06:36:54 PM
 #129

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

No they cannot destroy bitcoin.But many governments are trying to destroy bitcoins because bitcoin will make end to banks and currency of their countries.So this first reason why many governments are trying to destroy bitcoin.Then another problem if to make bitcoin as a legal and major usage of currency they have to regulate the regulations but the conclusion is that the government cannot destroy bitcoins.
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May 03, 2018, 07:05:29 PM
 #130

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


BItcoin is an invisible material, so it is very difficult for the government to destroy or attempt to destroy it, because I know that bitcoin has the power of all investors who always give the power to bitcoin, and it is impossible for the government to destroy bitcoin, instead it will turn around bitcoin will destroy the government ...
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May 03, 2018, 07:19:30 PM
 #131

Of course. But if the government destroys Bitcoin, then its own loss will be greater. Because of the destruction of Bitcoin, many people will become unemployed, they will be damaged by economic consequences. It is very harmful for a country.
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May 03, 2018, 07:20:10 PM
 #132

How can they destroy something which they don't know how it was created nor who really created it? I think that is the reason why Satoshi Nakamoto is still unknown to us because he/they is/are protecting Bitcoins existence. If someone knows who is the creator of Bitcoin, they will hunt them down and force the creator to reveal Bitcoin's secret. Some countries can ban Bitcoin but they can't destroy it. No one can destroy a thing when two or more persons believe it.
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May 03, 2018, 07:33:46 PM
 #133

I think the government can not afford the power of the country, especially as many countries know that bitcoin and legitimate countries are connected to bitcoin so the bitcoin can not just break the government because it also supports bitcoin

I do not think there is other way for the government to take away bitcoin from their people aside of banning it. There are many countries that are now accepts bitcoin in different areas of transactions specially those who are very advance in technology. It cannot be ban and government won't take any actions unless the users use it in any illegal things that the government have yo control with.

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May 03, 2018, 08:06:55 PM
 #134

one of the options is the seizure of bitcoin by Facebook: the network creates a bitcoin-purse for its users, rewarding them with crypto currency for interaction with advertising, and frees them from advertising if they allow Facebook to crypt with the help of the unused capacities of their computers (this scenario this year already offered the newsletter Salon)
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May 03, 2018, 08:11:10 PM
 #135

one of the options is the seizure of bitcoin by Facebook: the network creates a bitcoin-purse for its users, rewarding them with crypto currency for interaction with advertising, and frees them from advertising if they allow Facebook to crypt with the help of the unused capacities of their computers (this scenario this year already offered the newsletter Salon)
If Facebook managed to convince a large majority of bitcoin users and miners to switch to a patented version of bitcoin software owned by the social network, the company would be able to establish its own rules. In this case, she could turn bitcoin into a corporate version of fedcoin (Fedcoin), described above.
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May 03, 2018, 08:23:04 PM
 #136

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


The original idea of the bitcoin, its decentralization was what attracted millions of users to this ecosystem. The end of bitcoin is not in the hands of a minority group, but in the decision and confidence that each of its users give to it.

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May 03, 2018, 08:26:49 PM
 #137

I think they cant. Bitcoin is very successful and big industry beside there is no big effect of it to the real world but make the people grow. In short there is no bad reason to totally ban bitcoin.
They can't kill bitcoin, even if they try ... Fans of cryptocurrency fear government regulation could ruin it, but they shouldn't be concerned. ... As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin.
i agree with you because they need bitcoin and  bitcoin is playing a very big role in economy of many countries.
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May 03, 2018, 08:37:12 PM
 #138

It is possible only if the largest countries unite. But so far I do not think that someone will have the need to do it.
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May 03, 2018, 09:37:04 PM
 #139

Bitcoin is one of the most powerful currency in the whole world. There are many country are banned bitcoin for there country but it is not possible to destroy bitcoin forever.bitcoin is a online currency. Actually no government control it. There are many more negative news about bitcoin in the social media now. So if any government want to banned it for there country it possible but no government can destroy bitcoin.

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May 03, 2018, 09:43:17 PM
 #140

Of course they can
The goverment have the power to stop anything they want such as banned bitcoin in their country or make some deal or agreement that make bitcoin price will fall (FUD)
Something that bitcoin cant do since btc dont have real owner and legal foundation

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May 03, 2018, 09:44:25 PM
 #141

Bitcoin is one of the most powerful currency in the whole world. There are many country are banned bitcoin for there country but it is not possible to destroy bitcoin forever.bitcoin is a online currency. Actually no government control it. There are many more negative news about bitcoin in the social media now. So if any government want to banned it for there country it possible but no government can destroy bitcoin.





I think its hard to ban bitcoin in the other country because other country used bitcoin so the government agree that to used but other country banned bitcoin because the govenment scared to replace the currency of that country and did not get a tax.like my country bitcoin is legal to use and the people invest it and become rich so that i think its depends of government.

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May 03, 2018, 09:50:37 PM
 #142

No. Government of nations have decided to have bitcoin stopped but it is possible. Bitcoin is decentralized in its nature and cannot be curbed by anybody so it is quite discouraging to the government. SOme of the leaders are corrupt and dont want their transactions exposed.
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May 03, 2018, 09:51:42 PM
 #143

I think they cant. Bitcoin is very successful and big industry beside there is no big effect of it to the real world but make the people grow. In short there is no bad reason to totally ban bitcoin.
They can't kill bitcoin, even if they try ... Fans of cryptocurrency fear government regulation could ruin it, but they shouldn't be concerned. ... As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin.

We can't be sure that government will not ban this cryptocurrency, but here in asia now compared to western countries bitcoin was highly adopted. More countries now used cashless payments as well as card payments and online transactions. The bitcoin idea is there, and other countries outside of asia were now also thinking of bitcoin to be used as main currency for buying goods aside from fiat cash payments to eliminate cash or fiat money.

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May 03, 2018, 09:57:30 PM
 #144

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

They cant destroy bitcoin because it happen online, but they can create a law that can llegalized bitcoin in their country so that it can possibly stop any transactions on their country. But which is hard to determine if one person is using a bitcoin because using a bitcoin is can really secure yourself and no one even notice it.

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May 03, 2018, 10:11:47 PM
 #145

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


it could somehow imperil patially the movement of the coin when goverment try to take bitcoin down. but as we what could see in the marketplace the coin will just rebounce back and regain its strength.. its decentralize system so its not that easy to destroy. not unless people will loss interest in it. maybe that would be the end.
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May 03, 2018, 10:14:02 PM
 #146

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


The government can never have a full control of the bitcoin. It can challenge bitcoin by banning it in their country but bitcoin has survived and will continue to survive. It is already evident today that some countries and even large companies such as google and facebook ban bitcoin but it recovered and the price continue to increase.
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May 03, 2018, 10:18:42 PM
 #147

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


     No,government can't destroy bitcoin because it is decentralized digital currency which means no single authority controlled it.Government can put sone regulations and taxes but they can't destroy and stop it. Bitcoin only destroy if there is a totally shut down of internet and there is no more demand in the market.

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May 03, 2018, 10:26:34 PM
 #148

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


     No,government can't destroy bitcoin because it is decentralized digital currency which means no single authority controlled it.Government can put sone regulations and taxes but they can't destroy and stop it. Bitcoin only destroy if there is a totally shut down of internet and there is no more demand in the market.
The only possible things that  the government can do  to adopt and put  some policy, because the government is only after  taxation and the security of their citizen, a policy during local currency exchange they can apply some regulations pertaining to taxation and safety.

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May 03, 2018, 10:26:58 PM
 #149

Bitcoin is one of the most powerful currency in the whole world. There are many country are banned bitcoin for there country but it is not possible to destroy bitcoin forever.bitcoin is a online currency. Actually no government control it.Bitcoin is decentralized in its nature and cannot be curbed by anybody so it is quite discouraging to the government.
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May 03, 2018, 10:57:17 PM
 #150

The government can not destroy Bitcoin, but the government can forbid its people to play Bitcoin. if in this world Many countries forbid Bitcoin, and ultimately many people who do not use Bitcoin, then Bitcoin will experience a big price reduction. maybe this will happen, if any government intends to destroy Bitcoin. but I do not think that will happen either.
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May 03, 2018, 11:00:51 PM
 #151

Governments if get united can destroy, but governments won't get united in this regard. Because, each government has got different stand on the cryptocurrency usage. Some agree and adopt it, while some doesn't. Maybe similar to the recent months governments come up with regulations that will restrict the growth but won't lead to destruction.
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May 03, 2018, 11:15:41 PM
 #152

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I have no doubt that at first the governments had wanted to do everything possible to destroy the progress that bitcoin has had among Internet users, but in these precise moments it seems that the financial authorities have already understood that it is impossible to oppose the advancement of technology, so they seem to be building bridges towards greater permissiveness to this technology, while trying to update the regulatory framework that allows bitcoin to receive a status of legality in different countries.
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May 03, 2018, 11:16:15 PM
 #153

Governments if get united can destroy, but governments won't get united in this regard. Because, each government has got different stand on the cryptocurrency usage. Some agree and adopt it, while some doesn't. Maybe similar to the recent months governments come up with regulations that will restrict the growth but won't lead to destruction.
Right.I believe bitcoin is already inevitable today because a lot of people are learning to value it already as a form of long-term or even short-term investment.So even if the government will continue on making regulations against bitcoin,that won't stop bitcoin from conquering the whole universe since people are the ones who controlled it and not anybody else.

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May 03, 2018, 11:24:31 PM
 #154

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Yes, that is true some governments today are banned bitcoin on their country, it is sad but it is happening. Although it is true, it cant destroy bitcoin, bitcoin will continue its transaction and no one can stop it becuase it usually happen online and the government cant stop it because it is not under their scope in government.

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May 03, 2018, 11:40:08 PM
 #155

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Indeed in some countries today has banned the use of bitcoin, but i think their efforts to destroy bitcoin certainly not easy
and so far government has only been able to restrict bitcoin users to the prevailing laws of country. This is indeed a worrying endeavor
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May 04, 2018, 12:22:42 AM
 #156

I think that the government will not be able to destroy bitcoin, because the government has no right to destroy it and im sure with it.... Smiley
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May 04, 2018, 12:43:46 AM
 #157

No,
It is out of control for government.
But some country exp china officialy band but,
They use BTC unofficially.
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May 04, 2018, 12:47:50 AM
 #158

I think the government can not afford the power of the country, especially as many countries know that bitcoin and legitimate countries are connected to bitcoin so the bitcoin can not just break the government because it also supports bitcoin

I think government cannot destroy Bitcoin because there are a lot of people are now supporting it, so Bitcoin is now powerful; thus, it will never easily destroy.
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May 04, 2018, 12:48:10 AM
 #159

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No, I am not sure . the governments only can ban the bitcoin transactions in their countries. I think the government should accepts bitcoin, because bitcoin is the future currency.
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May 04, 2018, 12:54:45 AM
 #160

Nah, the government can not destroy Bitcoin because it's Decentralized and as long people using or trading it, Bitcoin will survive. And the system itself called Blockchain will be use into many sectors. Change is coming, it's true.
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May 04, 2018, 12:55:51 AM
 #161

This is decentralized currency and work on world level. It is not regulate by single government. So a single or double or triple government can not destroy it. It can destroy when whole world is against it which is hard to possible.
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May 04, 2018, 12:58:42 AM
 #162

the government will not be able to destroy Bitcoin, many people argue that the ban on the use of bitcoin by governments in a country will be able to destroy bitcoin. but in fact bitcoin still exists and has a high price and always in want of many people around the world. this means that prohibiting the use of bitcoin may have an effect on bitcoin prices but I'm sure bitcoin will still exist and always have a lot of interest.
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May 04, 2018, 01:15:36 AM
 #163

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No they cannot, they can try but they cannot, because there is no office to close no business to sue, it is decentralized and and no no group or individuals have the full control and no third party in transactions, they can regulate but doubt if they can stop it.



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May 04, 2018, 01:19:45 AM
 #164

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

I think it is very difficult for the government to destroy bitcoin, because technological advances are tough on opponents, the government's best step is to study blockchain and develop along with technological advances
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May 04, 2018, 01:29:55 AM
 #165

The government cannot destroy bitcoin, they can only regulate the use of it. Bitcoin is something that cannot be harmed by the government. The government only bans the illegal use of bitcoin and not bitcoin entirely. The government can impose laws about bitcoin but at the end of the day bitcoin will still live and prosper because its technology and its used by people around the world.
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May 04, 2018, 01:49:29 AM
 #166

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I do not think any hard effort by the government to try to control the condition of bitcoin circulation in my opinion that would not be possible because bitcoin is created to be the only currency that will never be controlled by the government or whoever it is.
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May 04, 2018, 01:51:21 AM
 #167

I don't think so. Government can't do so. As because BTC is a digital currency with lots of advantages. It's becoming people's great investment property and some do earn from it. BTC do have a place in people's heart. I love BTC. Some countries accept it  and some are interested in it. I hope it will long last.
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May 04, 2018, 01:55:09 AM
 #168

The government has always treated bitcoin as an enemy, because they think it will destroy the currency of the country. They have created a lot of restrictions and regulations, but they can't destroy bitcoin. It's dispersed.
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May 04, 2018, 02:04:01 AM
 #169

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


No, government can't destroy Bitcoin.
Government try ban Bitcoin in few country but they can't ban in all country.
I think this is impossible
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May 04, 2018, 02:46:09 AM
 #170

the Government can destroy the bitcoin but there must be a clear reason and don't create a bitcoin becomes bad because criminals are made by people not responsible and the Government can destroy the bitcoin if bitcoin have a problem.
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May 04, 2018, 03:17:27 AM
 #171

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


it is possible that government can destroy bitcoin and other cryptocurrencies cause bitcoin has owned by anonymous so government can easily steal it and dump its value. hopefully our government dont do that cause many of Filipino is depending in bitcoin and other only cryptocurrency job. here in the philippines bitcoin was so popular.
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May 04, 2018, 03:21:05 AM
 #172

Numerous individuals, organizations and governments need to crush bitcoin in light of the fact that they see it will annihilate the nation's money due to the numerous limitations and directions they make and need to gradually stop it and this won't be simple since I expect that bitcoin is exceptionally solid and numerous nations are utilizing it and up to now not some are hurt even bitcoin brings a considerable measure of cool new breezes in industry and business and I trust that the administration will soon sanction it.
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May 04, 2018, 04:10:39 AM
 #173

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


Theres is possibility if all country are proclaming to ban bitcoin in thier country but its hard to proclaim that,they are know what bitcoin can change thier economic system and it helps a lot of poor people.

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May 04, 2018, 04:14:33 AM
 #174

What kind of stupid question is this? NO a government cannot ‘destroy’ bitcoin. Think about what your asking and be more specific next time. The word ‘destroy’ makes no sense.
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May 04, 2018, 06:25:11 AM
 #175

What kind of stupid question is this? NO a government cannot ‘destroy’ bitcoin. Think about what your asking and be more specific next time. The word ‘destroy’ makes no sense.
You dont need to be harsh in answering a question, the op is asking what he dont know...
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May 04, 2018, 06:34:07 AM
 #176

I think that for some time the government can muffle the bitcoin boom, but it can not completely destroy it, the government can not. What would kill bitcoin, you need to disconnect the Internet around the world)
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May 04, 2018, 06:48:51 AM
 #177

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


I think, the government can banned the use of bitcoin but they can't kill it or destroy it even if they try. Bitcoin is not link to any territory or financial institutions, it is for every people around the world. It gives back to people the freedom to manage their own money and the trust to make a transactions to any stranger living anywhere in the world.
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May 04, 2018, 07:23:08 AM
 #178

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


As long bitcoin using blockchain technology and using decentralized system, no one government can stop bitcoin. Government have no authorities on bitcoin because bitcoin data spread all around the world and many people around the world keep the data.
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May 04, 2018, 07:39:58 AM
 #179

 i do not think so in fact, there are some governments that do not accept bitcoin because they are afraid that bitcoins will lose control of their economy and they fear their citizens will be at high risk of participating in it. , but if things are resolved clear, then there will be no problem destroy government bitcoin
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May 04, 2018, 07:47:47 AM
 #180

They can if they ban its use, but there is no point to it.
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May 04, 2018, 07:50:11 AM
 #181

Definitely NO. Bitcoin is like a drugs. Although our government is fighting on drugs, they can't kill all users of it. Like in bitcoin, there will always use bitcoin in transaction, so, government will never destroy bitcoin
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May 04, 2018, 07:55:52 AM
 #182

Definitely NO. Bitcoin is like a drugs. Although our government is fighting on drugs, they can't kill all users of it. Like in bitcoin, there will always use bitcoin in transaction, so, government will never destroy bitcoin
Yeah definitely government cannot kill bitcoin because the system is  anonymous and the transaction is peer to peer the government can do is only to regulate the bitcoin exchanger where the changes from bitcoin to local currency they provide some policy in order to get some taxes out  the transaction.

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May 04, 2018, 08:00:21 AM
 #183

The first crypto currency can sink the first social network. If Facebook takes advantage of the idea of Telegram and decides to create its own crypto currency, it can topple bitcoin from its pedestal.
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May 04, 2018, 08:09:39 AM
 #184

Creating a lot of digital currencies can output bitcoin from the game. In one theory, all products and services will be represented by tokens. In the grocery store you can pay only tokens of this store, and on the digital wallet will be conditional Fedcoin, Facebook Coin and many others, even special coins to pay for babysitting or metro travel.
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May 04, 2018, 08:13:12 AM
 #185

Its main advantage is anonymity. If the state or Facebook takes over the crypto currency, the transactions will cease to be anonymous. Already, the authorities are making attempts to deanimize.
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May 04, 2018, 08:20:13 AM
 #186

Governments can't destroy bitcoin in the meaning of making it disappear but they can make people stop using it by taking down the price. Governments are very powerful and only by creating a law they can convince a lot of people to sell their bitcoin so that the price goes down. If FUD about governments made people sell their coins think about what effect will have the actual news from government about being against cryptocurrencies
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May 04, 2018, 08:35:02 AM
 #187

Government can come up with laws and policies that can frustrate the use of bitcoin in some countries and transactions but government can not totally kill bitcoin because of it's decentralized nature.
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May 04, 2018, 08:52:21 AM
 #188

I don't know where you get your news from cause I don't see any governments banning Bitcoin. Can you name a few countries that have banned Bitcoin. Bitcoin is a decentralized currency which means that no government in the world will be able to destroy Bitcoin no matter how hard they try, they are just going to keep on failing.

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May 04, 2018, 09:40:22 AM
 #189

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?


of course not, no matter how hard the government's efforts can never beat bitcoin, bitcoin circulation will still exist and the government will never be able to prohibit the circulation of bitcoin as long as the internet still exists in the country.
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May 04, 2018, 10:21:43 AM
 #190

Governments can't destroy bitcoin in the meaning of making it disappear but they can make people stop using it by taking down the price. Governments are very powerful and only by creating a law they can convince a lot of people to sell their bitcoin so that the price goes down. If FUD about governments made people sell their coins think about what effect will have the actual news from government about being against cryptocurrencies
Government do not want bitcoin because they think that fiat can disappear and it will not benefit for the economic growth but the truth is that it can be the way and help for the country. It is being ban because it is use by those who are greed for illegal transactions where they cannot be track by anyone.

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May 04, 2018, 10:28:21 AM
 #191

I think the government can not afford the power of the country, especially as many countries know that bitcoin and legitimate countries are connected to bitcoin so the bitcoin can not just break the government because it also supports bitcoin
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May 04, 2018, 10:29:30 AM
 #192

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

They can destroy Bitcoin by brainwashing the mind of every people in this world. They will spread bad or fake news about cryptocurrency, to make sure the people will be afraid to use Bitcoin. Since Bitcoin is decentralized, the government will have a hardtime to take down Bitcoin.
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May 04, 2018, 10:35:17 AM
 #193

I don't know where you get your news from cause I don't see any governments banning Bitcoin. Can you name a few countries that have banned Bitcoin. Bitcoin is a decentralized currency which means that no government in the world will be able to destroy Bitcoin no matter how hard they try, they are just going to keep on failing.

I believe Pakistan and Iran banned BTC
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May 04, 2018, 10:41:13 AM
 #194

they can't, it is not something that government can validly crush and demolish, unless they took bold action by shutting down the entire system of internet by force and send society back to stone age, otherwise bitcoin will stay here and around solidly, that is why the action we see from government is banning the bitcoin, forbidding it from widely use and also try their best to limit the scape of bitcoin, that is all they can do.
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May 04, 2018, 10:55:15 AM
 #195

Definitely NO. Bitcoin is like a drugs. Although our government is fighting on drugs, they can't kill all users of it. Like in bitcoin, there will always use bitcoin in transaction, so, government will never destroy bitcoin

Incorrect comparision. Some drugs do kill people and destroy people`s lifes. Bitcoin is a currency. Entering cryptocurrency market is a risk any smart person should understand and accept. That`s it.  Wink
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May 04, 2018, 11:01:12 AM
 #196

How about government decide to ban Bitcoin and many country in the world do the same like that. Yes, it will not destroy Bitcoin but it will make Bitcoin dump very low because of that. Many investor will not believe in BTC or other cryptocurrency again and it's the bad scenario.
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May 04, 2018, 11:04:17 AM
 #197

The Governments as a whole are 100% already in BTC.
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May 04, 2018, 11:04:29 AM
 #198

I think the governments of many countries do not agree with the development of bitcoin currency in the country; there are many people involved in bitcoin in the country has not developed the economy so many governments very scared of a panic.
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May 04, 2018, 11:06:51 AM
 #199

I believe that the government will not destroy the cryptocurrencies! Becouse so many people are involved, that they will survive.
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May 04, 2018, 11:07:11 AM
 #200

it can not stop government alone and the government will not be able to overthrow it, especially when it comes to bitcoin and its many investors so it's not just as bad as it can

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May 04, 2018, 11:15:29 AM
 #201

Yes, they can affect the growth of bitcoins in many ways. Once they ban bitcoins, many investors will stop using bitcoins or investing in it.
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May 04, 2018, 11:28:29 AM
 #202

I think the governments of many countries do not agree with the development of bitcoin currency in the country; there are many people involved in bitcoin in the country has not developed the economy so many governments very scared of a panic.
Yes it seems so, most governments are busy with other problems so do not care about bitcoin, the easiest thing is banned bitcoin so there is no new problem if people use bitcoin.

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May 04, 2018, 11:32:27 AM
 #203

They can't ban crypto completely. Even if all banks ban crypto related  transactions, people will always find means to buy btc directly from other people. This will have massive negative impact on crypto and slow down its adoption. But no, they can't totally destroy it.
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May 04, 2018, 11:40:58 AM
 #204

In my opinion, it can not. Bitcoin has already infiltrated the system. It will be too painful. Moreover, they all have the same benefit from it through time (taxes)
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May 04, 2018, 11:47:42 AM
 #205

Just as no government can stop the use of the internet same way they can not stop or destroy bitcoin because bitcoin is all about the use of internet. Thus, no government can't destroy bitcoin, they can try but won't be successful because bitcoin is decentralized

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May 04, 2018, 11:51:32 AM
 #206

Why should a government even plan to destroy it?
Under whose government will that be?
Well, even though Bitcoin is decentralized, yet it was initiated by some set of people, so it will take many governments coming together to destroy bitcoin. And this must be under a strong and genuinely agreeable reason. Ofcourse I don't believe there is something impossible except its directly by God
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May 04, 2018, 11:53:46 AM
 #207

it could happen, because the government will do anything to block the outstanding bitcoin. and if it happens it is not impossible the bitcoin will be destroyed and disappear ..

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May 04, 2018, 11:55:40 AM
 #208

Just as no government can stop the use of the internet. Same way they can not stop or destroy. Bitcoin is all about the use of the internet. Thus, no government can stop bitcoin, they can try but won't be successful because bitcoin is decentralized...

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May 04, 2018, 11:56:45 AM
 #209

they try and try and try but only bitcoin users who can destroy bitcoin which is impossible gov can ban it thats all what they can do
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May 04, 2018, 12:01:05 PM
 #210

I think the governments of many countries do not agree with the development of bitcoin currency in the country; there are many people involved in bitcoin in the country has not developed the economy so many governments very scared of a panic.
some governments disagreed because it could threaten the existence of their local currency and could add to financial crime so some country banned bitcoin to be used and it had a very bad impact on bitcoin, but I don't think that bitcoin can die because of the government? because you know that bitcoin can not be interfered by anyone
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May 04, 2018, 12:03:50 PM
 #211

I think bitcoin will not be completely destroyed by the bitcoin ban from a certain country. Bitcoin has influenced the development of many economies of many countries and it is gradually being accepted by major nations. I do not think governments will give up bitcoin backwards  they will try to use it for economic development of the country they

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May 04, 2018, 12:03:55 PM
 #212

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Honestly the Goverment is very powerful different country but its not a basis that it can destroy Bitcoin and crypto world.But I believe it can makes bitcoin low profile
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May 04, 2018, 12:09:33 PM
 #213

actually we do not know what really works because we do not hold the dictation of anybody but hopefully they will not do it on bitcoin because many will be affected by everyone who hopes it but they might not immediately break it that should let's expect what they did not do to bitcoin
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May 04, 2018, 12:12:44 PM
 #214

As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

As far as i now there a lot of country allowing bitcoin in their country ! It is possible to prohibit bitcoin in thier country but NOT destroy bitcoin anymore!
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May 04, 2018, 12:13:23 PM
 #215

many governments have banned bitcoin, seeing bitcoin as the biggest threat or deception.
but not all countries do that, there are still many countries that receive bitcoin well.
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May 04, 2018, 12:13:50 PM
 #216

The government can do anything with bitcoin including making bitcoin destroy, the easiest thing to do is turn off the internet so everyone can not access the site and of course this will make bitcoin die.

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May 04, 2018, 12:17:27 PM
 #217

The bitcoin digital currency can be destroyed by government rules. This is due to the anonymous nature of an anonymous transaction. The risk of financial anonymity creates an environment in which regulation destroys bitcoin.A small but anonymous transaction with a virtual currency would be interesting, but on a large scale anonymous payments would make it very difficult to collect taxes and win criminal activity.
As for the government in time sooner or later will set the bitcoin and digital currency in general. In fact, digital currencies could be set to none.The government can allow the digital currency to exist peacefully, and not accept it as a means of payment, I think that's what needs to be done. However, my guess is sooner or later the government will arrange to not exist.The potential for government regulation is very real, in line with some countries that have restricted access to exchange of bitcoins and other digital currencies.Earlier, China banned the issuance of a new coin or an ICO initial coin. China has also tightened access to bitcoin exchange
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May 04, 2018, 12:19:44 PM
 #218

Government can't do that they don't have