Will the governments kill cryptocurrencies

[EmmettBrownRu]

There is an opinion that governments are just puppets in the hands of the largest capitals of the world. And the fact that the us is now actively building the infrastructure for the entry of institutional money, governments will not put sticks in the wheels of cryptocurrencies.

[pooh95]

Governments will not kill the cryptocurrency. They can not do it completely. But they will do everything to take this industry under control. They need taxes and citizens that they can manage.

[Leonard2016]

Weak countries are afraid of bitcoin, because their economy is too poor to accept it and they see it as an enemy, bitcoin introduced Blockchain, and Blockchain is a neat technology can change the world, so whether they like it or not it will change what is can.

[reverseflash]

Governments will not kill the cryptocurrency. They can not do it completely. But they will do everything to take this industry under control. They need taxes and citizens that they can manage.

Indeed. Why to forbid an opportunity to replenish the budget of the country at the expense of surtaxes? An exception can be unless the countries in which the manual parallely owns banks and recognition of cryptocurrencies officially can lower their profit considerably.

[avonka]

Cryptocurrency is here and will stay as more and more governments see the benefits and will not kill the progress. Regulations are needed to clean he market and after it Wall Street capital will enter and the the future is bright for decentralised payment solutions by Cryptocurrencies.

[Rob768]

killing the crypto currency is impossible and not even the state can. you just think: the state will have to turn off the entire digital network and the Internet, and this is impossible. with the advent of crypto currency will have to accept and come up with bills on their regulation and smoothing of relations with it.

[teamsah5416]

I think it's impossible because cryptocurrency is still good and what I see the government is just forbidding
transact with bitcoin and some countries have not received bitcoin as a virtual currency and now the government is starting to interfere with cryptocurrency and result in altcoin and market prices

[Utyg]

I think that the government does not benefit from such technology blocking in the financial system. Since a smart government should not prohibit. And to maximally resolve with a maximum profit of a crypto currency. Fighting is useless. For States, there is another option to Accustom.

[makuny]

The Government in this regard should they be thankful because there are technologies that could make people have income and are able to reduce poverty.

And the Government should provide a place or space for those who work in the crypto. And making the rules on the use of this digital currency or Bitcoin. So with this partnership certainly all parties would mutually on a lot more profitable.

[_bitcoin_papa_]

Now the States are actively trying to agree on the regulation of the cryptocurrency market and try to converge in a common terminology on this topic. After analyzing this fact, we can conclude that the States are interested in blockchain technology and cryptocurrency and therefore they will not fight it.

[5thFear]

They want to and they are trying their level best. But they won't be able to achieve that. Actually the rise of Cryptos is the fall of Fiat and Fiat is the whole backbone of any government so they have every right to oppose it but sooner or later they have to embrace it instead of opposing it. I believe there will be a new system will be worked out, that will be following the crypto innovation but will give some kind of leverage to the govts over it.

[totholio]

I don't think so, they will be able to earn insane amount of taxes once they are widely used.

[kz06]

the most critical thing for the legislature really is we need to pay charges. In the event that we pay assesses admirably, at that point the administration will likewise permit it. In this way, don't be late to pay charges. Entirely my heart was anxious, if just this crypto will inevitably bite the dust on account of the cruel restriction from the legislature. Be that as it may, while there is as yet a shot, it's great we utilize it and additionally conceivable,

[xPASTELx]

I dont think if they will but they can if they wanted, Cryptocurrencies operate within the borderlines of national governments and are therefore subjected to the laws of the land. If the governments chose to restrict their operations then there i nothing that can be don about it, The advantage however is the fact that these governemets operate under different policies therefore cannot reach a concensus to ban and kill crypto, thereare already some that have allowed crypto in their countries while others havent

[Mr.Pro]

No, Governments have started their own research on crypto and blockchain. They saw some potential on it on how to improve the financial system and the society

[krodmandoon]

They want to and they are trying their level best. But they won't be able to achieve that. Actually the rise of Cryptos is the fall of Fiat and Fiat is the whole backbone of any government so they have every right to oppose it but sooner or later they have to embrace it instead of opposing it. I believe there will be a new system will be worked out, that will be following the crypto innovation but will give some kind of leverage to the govts over it.

I doubt everything you are saying.
if the governments want the crypto dead, they will make it nearly impossible to exchange for money.
I don't see any fall of Fiat and any rise of crypto.

[Dwarfalamei]

Will precisely fight. In every way, which they have, I consider that their forces aren't enough! In general I consider that the normal, full-fledged government will accept this new technology for the advantage rather, than will struggle against her!

[Olawale16]

Cryptocurrency!!. To me the government has just minimal control over it because a particular government is restricted to only his geographical region, which implies if a government decide against cryptocurrency others might hang out and say a No. So to me the news might be viral but the actualization is difficult to achieve

[MaiQwaN]

Cryptography will evolve in any case. I think that those countries whose governments try to limit crypto on their territory make a big mistake because they lose their competitive advantages over the others.

[JohnsonJesse]

There is no way that governments can kill cryptocurrencies, that is the whole reason for a decentralized system in the first place, there is no way for one person to just reach in and shut it down. The worst that they can do is to ban its use but I think in the end they will just develop an effective way to tax the earnings which we get from cryptos.