Will the governments kill cryptocurrencies

[duyduc256]

Cryptocurrency is now accepted by many countries in the world because of its potential. I believe that the benefits of decentralization will be more obvious and the governments those who are against cryptocurrency they will figure it out and they will realize the positive sides of cryptocurrency !!!

The market is still active and many countries have legalized Cryptocurrency and it is certain that in the future this market will grow strongly because the investment demand is still high and the potential is still great. Personally, I think all governments will have new regulations for people entering this market as it is a place where people can freely trade and will seek to develop this market in the future.

[sultanali]

The thing government can do is they make the cryptocurrency illegal tender in their country other than that they cannot do anything with the cryptocurrency because it's a decentralized thing and no one can control that

[Mig-23]

I think the government can kill cryptocurrencies if we use cryptocurrency for bad project and crime or terrorism, from that of course government will againts that topic, but if we use it for good project which is giving good impact to the world and human, of course government will support it

[Btcalimie]

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 don't think that it would be thier action in the long term run of cryptocurrency. This innovation is already here and many of billionaire is on it. The outcome of this one would make a positive impact towards the future economy.

[MinerFTW]

Overall, I think governments will continue to resist decentralized currencies. But I think sooner or later they will have to accept them. But they can still find a way to control them in some way. 

[otto2012]

They can, of course, if they want. Just declare all exchanges illegal and banned them. They can also impose large taxes on trade.

[Muhammad Muneeb]

cryptocurrency transaction occurs peer to peer and i don't think so that it is easy to control these transactions.  moreover people fear from what they don't understand.. Governments will use crypto in the coming era it is good that we are into before the adoption of this innovation.

[Muhammad Muneeb]

They can, of course, if they want. Just declare all exchanges illegal and banned them. They can also impose large taxes on trade.

only trading will be banned by this not transactions

[parlerm]

They can do that with ban and forbid crypto in that country. But it's just make price drop and it will recover back again. Beside that, they can't ban crypto forever because in the future Crypto are needed to replace current Fiat. It's just my opinion, I think anything can be happen in the future. But we also have our role to make our future.

[cerberus5424]

I think that for many countries cryptocurrencies are unprofitable. But it is not about the countries, but about the people ruling such countries. It is possible to fight with cryptocurrencies, but eventually it will be senseless.

[aces777]

I think it is too late for governments to kill cryptocurrencies as currently we have reached a point where the crypto market is too big for it to vanish just like that. In the end the governments will have to accept crypto currencies to avoid missing out on the revenues that they could earn from the crypto transactions.

[Crypcar10290]

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 do not think governments will kill crypto, some of them may ban crypto, other will regulate it but others will embrace it. The blockchain technology is here to stay, governments and companies have recognized the potential that block chain has in its applications. i.e. this week Finance Minister wants France to be the first Blockchain and crypto-active innovation in Europe; this type of news will help crypto for a larger adoption, more governments will embrace crypto and blockchain, even the ones that against it will turn around eventually.

[Gnommag]

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 do not even think thta governments have enough power and resources to kill cryptocurrencies and you are asking when it will happen

[Gnommag]

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 do not think governments will kill crypto, some of them may ban crypto, other will regulate it but others will embrace it. The block chain technology is here to stay, governments and companies have recognized the potential that block chain has in its applications. i.e. this week Finance Minister wants France to be the first Block chain and crypto-active innovation in Europe; this type of news will help crypto for a larger adoption, more governments will embrace crypto and block chain eventually even the ones that against it will turn around.

Yes, I absolutely agree with you. I doubt all countries can ban cryptocurrency, it is bad for economy and will definately rise a revolution

[ICOLovers]

If the crypto currency will go beyond the limits that it set the government then the government get rid of them  

[mrben77]

this will lower the rating of the incumbent government and, if too stringent measures are taken against violators, as well as in case of too tight prohibitions, can lead to political and social unrest. Naturally, no one is interested in such consequences. The latter entails the practice of very careful and cautious prohibitions, but at best they only demonstrate the position of the state.

[greenclub09]

i dont think so, why the government want to kill cryptocurrencies while they can still earn money from it, cryptocurrency is away for us to earn money and so if we can bring more money into our country to help contributing to our nation, the government will not ban cryptos, more and more countries are legalizing cryptos so they can control it more carefully and charge taxes on our profit to enrich the government's money. So as long as cryptos still bring us profit, it will not easily be killed by governments.

[Pappy_1_]

I don't think the government will kill the cryptocurrencies completely, but will strike a blow to them, that's for sure. Will impose taxes, will be forced to register their account, etc. But I'm sure the cryptocurrency continues to exist no matter what.

[grinifols]

Some countries will certainly be against it, but also many countries support blockchain technology and see it as a great potential

[Manchumichael]

I think it is too late for governments to kill cryptocurrencies as currently we have reached a point where the crypto market is too big for it to vanish just like that. In the end the governments will have to accept crypto currencies to avoid missing out on the revenues that they could earn from the crypto transactions.

They are not getting any revenue from crypto transactions that's why our governments are not supporting cryptocurrency. suppose if they manage to control crypto transactions then they must accept cryptocurrency.