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Author Topic: Will the governments kill cryptocurrencies  (Read 7036 times)
wizmo
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July 20, 2018, 06:01:19 PM
 #441

They can as they might lose their income of taxes and to fight against black money they will try to ban it as it can affect the economy and the growth of the country. Besides that there are also many good uses of blockchain technology and many countries have started blockchain research center to learn more about blockchain technology.
nanajiana
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July 20, 2018, 06:07:27 PM
 #442

I think cryptocurrency is extant from the development of new technology and information. where found many convenience and benefit for us and are able to support the economy. for it, if a country is not able to accept or even deny its presence, the country refused the changing times, and it's harming himself or herself in the future.
King Bounty
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July 20, 2018, 06:20:23 PM
 #443

I think even though the government has plans to kill the cryptocurrency it will never happen, because the government will never be able to kill cryptocurrency.

indriasyifa
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July 20, 2018, 06:50:58 PM
 #444

at your starting point saying that the government started receiving cryptocurrency, but on the second point you say the government rejects Cryptocurrency. I see your point opposite each other. if your question states whether the government will accept Cryptocurrency, then I think in the next few years many countries will accept Crypto and blockchain.

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Aligab166
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July 20, 2018, 06:54:57 PM
 #445

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 governments resistance on blockchain technology and cryptocurrency is gradually been broken. Some of them have started looking for ways to tap into the blockchain technology itself even if they have not accepted cryptocurrencies. I really don't see this fight continuing for too long. Sooner or later, majority of the countries will make cryptocurrencies legal and operational.

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geterod
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July 20, 2018, 07:18:22 PM
 #446

No, we could think that at the start of crypto. But now it's not. The large part of governments find the way make a profit from crypto. And now crypto need a government control. There is a good artical for that - https://medium.com/@zogras/money-power-state-f43fe89195a3?source=user_profile---------2-------------------

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StevenPop
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July 21, 2018, 09:21:32 AM
 #447

While some may be accepting cryptocurrencies for what it is, some others might be fighting against it because it is believed that crypto was created to promote illegal trades by the way its system is organised, and it is was originally used by drug lords or criminals, so that their transactions will be untraceable. Because of this, many governments might keep on fighting against crypto because they believe it is a way to get at those involved in using crypto as a means to hide their dubious transactions.
canaveralnonie
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July 21, 2018, 09:25:00 AM
 #448

Will the governments kill cryptocurrencies, sounds like can government kill the internet? It will be a lot of time to make for no solid reason why. Also, add the thing that they need to prior some issue than crypto currencies. Do you see the vision?
Sevarchik
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July 21, 2018, 09:26:57 AM
 #449

My vision is the government nothing to do for killing cryptocurrencies, she looking how this ecosysytem kills himself with scamming each other

wuyangbo
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July 21, 2018, 09:41:07 AM
 #450

I think this is just a media panic. The government can't kill cryptocurrencies unless the governments of the world unite, but this is impossible. For example, Russia needs cryptocurrencies to bypass US sanctions.

olamidey
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July 21, 2018, 01:09:26 PM
 #451


I am harmless gamer who love to invest my hard earned money in cryptocurrency projects that are in my interest, is  projects like EON protocol. I wonder how such projects are against any government policies. The decentralized nature of such project is an advantage to the government because it helps eliminate the illegalities of middle men. I completely believe in cryptocurrency, if government is against it, it would have already been banned completely.

thenameisjay
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July 21, 2018, 01:15:20 PM
 #452

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 so. Governments should be open to these kinds of changes because as we approach a digital era, the more likely we are to use digital currency more than fiat money because they are after all digital. Governments should allow these kinds of currencies in their countries.

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Bitcoincole
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July 21, 2018, 01:32:12 PM
 #453

Well it is a given fact that some high ranking government officials in our country already has joined cryptocurrency, in fact they are among the biggest investors so I think it is not easy for the government to kill it since many influenced people will stop them from doing so.
Acid_Laserz
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July 21, 2018, 01:34:37 PM
 #454

Don't get killed.
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clarise123
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July 21, 2018, 01:41:24 PM
 #455

There are many goverments that stop crypto money but they should not do it because the cryptowold is a business. They are angry because the participants do not pay tax.
but they do not know every passing thing token has tax.

for me.
they do not want to be legal in the country because politics can not get the money from the people. because the people's money is wallet.

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Irkytsk38rus
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July 21, 2018, 01:43:30 PM
 #456

This option is possible if the popularity of the cryptocurrency will constantly grow and it will interfere with our usual money to perform its functions

LensCat
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July 21, 2018, 01:45:38 PM
 #457

As I would like to think, if the administration considers it to be a risk instead of an open door then I do trust that they will add to the fall of the digital money. I figure they can't do this by itself since, we do all realize that blockchain innovation is in our grasp or possessed by us and can't be controlled by just ine individual.
2018hodelmabanal
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July 21, 2018, 01:47:05 PM
 #458

The past history tells us that the government can't kill bitcoin, because a single government can't ban the Internet all over the world, as long as there is the Internet in bitcoin.
luungocthuyhv
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July 21, 2018, 01:48:02 PM
 #459

Perhaps, the government is not clear about digital money. To be fair, digital money has so many problems to solve, maybe a long time ago digital money is really the currency
trickyriky
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July 21, 2018, 04:57:41 PM
 #460

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 position of many governments in the world is characterized by an uncertain attitude to cryptocurrencies. I personally find it difficult to understand what to expect from the leadership of China or South Korea.
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