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Author Topic: Can government destroy Bitcoin?  (Read 1563 times)
gaurav82
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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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aryani
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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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rizkypurwati
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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
Jamjamz30
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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.
Jaslinbor28
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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.
xiwanfd
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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.
MrCrank
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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
Df9898
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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.
Cinemo
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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.
hefjor
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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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lunasol
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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.
taeewo
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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...
EvgeniyWorik
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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)
Piggymonster
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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.
andika2018
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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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