Will the governments kill cryptocurrencies

[benjamin11]

I dont think so. Crypto exist in virtual world, so technically speaking, no countries own it. Government can only regulate and monitor it but they cant totally own it and kill it. Also there are some countries already legalize it. Although there are also countries who banned it but eventually they will realize its potential and sooner or later they will make it legal.

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[Endank]

In countries with advanced financial systems, crypto transactions may be partly mostly to buy something at a retail store or just a means of payment for two people who make a sale and purchase transactions. But in other countries, crypto may be closer to money laundering, crime financing etc. That's why some governments ban crypto in their country.

[kokrokok]

I think for governments in countries that deny the existence of crypto will fight cryptocurrency, but they (the government) who agree with crypto will embrace and fully support cryptocurrency and will even develop cryptocurrency in their country.

[tenebriscaelum]

The reason that some countries deny or ban cryptocurrency is because its either they cannot gain through it through taxation or they just want to take control of its regulation in their country, while some is afraid of its potential of being used is scams and in the black market.

[Flor1982]

Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?

With some great progress that are happening in the countries that embrace block chain and crypto currencies then for me its a good sign that Crypto investments was proven as advantage for a strong and stable economy. With these development, i believed that these few countries that against Crypto investments will sooner and later will be attracted to support and adapt crypto currencies investments.

[duchaitp]

Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?

I think it is, but it is important to be able to completely control the cryptocurrency or not. I do not think that is possible. Things are still the same even though it is a bit harder.

[smhome354]

It's possible that government will ban cryptocurrencies if a group of complainants will approach them and tell bad stories. This is their spontaneous reaction to complaints. So unless we keep sad stories within ourselves I don't think the government will intervene.

[GsxR150]

Each country has a different level of education to its people about investment. Perhaps in a country whose population is accustomed to stocks, it will be able to accept cryptocurrency as another option of an investment instrument. But in other countries, this crypto phenomenon is considered a bubble and the government bans on the grounds to protect people from extreme levels of fluctuations.

[jokowo]

In my opinion, a country with a liberal economy is already familiar with the turn of the financial system to seek effectiveness in the way of transactions. But for other countries, they usually wait for an innovation to succeed first, just follow the future.

[J Gambler]

In my opinion, a country with a liberal economy is already familiar with the turn of the financial system to seek effectiveness in the way of transactions. But for other countries, they usually wait for an innovation to succeed first, just follow the future.

yes it can, but they only kill the cryptocurrency in their country only. not in the whole world. government have an power to kill the cryptocurrency in their county in a way of banning the cryptocurrency in their country. but we know that not all country hate the cryptocurrency only some of the country. so there's many country still support the cryptocurrency

[iqlimasyadiqa]

Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?

The government will continue to try to maintain their official currency and assume that cryptocurrency is a problem. Yes it is natural because cryptocurrency often makes a surprise. It could be a bad surprise, but when we can use it well then we can take advantage. The government should be more open and learn how the current market situation, cryptocurrency is a technology and I think this is the right time to apply the technology of digital currency. We have faced the advancement of the times and this is the era of digitization, everything related to anything has to be revolutionized and cryptocurrency is a progress of the world !!

[bisdak40]

Each country has a different level of education to its people about investment. Perhaps in a country whose population is accustomed to stocks, it will be able to accept cryptocurrency as another option of an investment instrument. But in other countries, this crypto phenomenon is considered a bubble and the government bans on the grounds to protect people from extreme levels of fluctuations.

I agree with you mate. It is the knowledge of the people in a country that will determine if a government will adapt cryptocurrency into it's system. You are right, in some countries where people is new to crypto some would consider this as a bubble and they are waiting for it to burst but it's not gonna happen. They lack the education on how to deal with crypto and use it to their advantage.

[Ucupers]

Cryptocurrency is a digital currency with highly sophisticated technology. In this regard, the Government in my country just does not allow Bitcoin transactions directly or for the purchase of goods and the payment of booking online. The Government is afraid because it could lead to more such crimes to terrorist financing and money laundering. But currently, I don't care about it as long as I do the beneficial and not detrimental to others.

[The Cryptologist]

They have tried numerous times up until now but they always fail. Government should have done it in the last 5 years so it's too late for them to stop it. China was the only country who can do it but they also failed.

[Barabulya]

The government would very much like to destroy crypto, but it can not do it. Therefore, the government is trying to control this phenomenon.

[deloreswest]

They will not, i believe all the goverment that against cryptocurrency right now will eventually embrace it. They are just afraid cause they think their people not ready to accept a change. Technology is keep developing to make human life better soon enough all people world wide will accept it and they have to. World is change and every transaction will became digital in future.

[Coopeer]

I think the government will not kill bitcoin and it may have a certain impact on bitcoin, but bitcoin will have greater improvement in the future and will allow governments to gradually accept it, so the cryptocurrency industry will become more and more it is good.

[mx667]

No I think govern can never kill crypto. I dont think so. And also, people will always fight. Crypto exist in virtual world, so technically speaking, no countries own it. People will always find a way to get their freedom. Government can only regulate and monitor it but they cant totally own it and kill it. And also, there are some countries that support crypto. Also there are some countries already legalize it. So not all countries in the world are against btc and crypto. Although there are also countries who banned it but eventually they will realize its potential and sooner or later they will make it legal. I hope that my country can take advantages of btc and crypto.

[Easzjohn]

I don think so, the only thing government is agitating for is to regulate cryptocurency which am sure they will achieve in due time

[blmpnetwork]

Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?

In my own point of view, i think the government could really kill cryptocurrencies because they are powerful enough to do that. But for now they can't because there are countries which they made cryptocurrencies as legal and i think in the near future government will start to accept cryptocurrencies.

As part of the crypto community, we should educate people around us and totally embrace it if we want to contribute to the full adoption.