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Author Topic: Will the governments kill cryptocurrencies  (Read 7033 times)
sintecan
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August 09, 2018, 04:32:44 AM
 #601

if the government wants to kill cryptocurrency, there will be no cryptocurrency now, and the government hasn't killed it. Only a handful of governments block it, which means it can continue to grow, and I'm sure that as long as the development of this industry is good for humans,
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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selenophile
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August 10, 2018, 05:07:28 AM
 #602

For me they will not. Some of the countries are now embracing the cryptocurrencies and being used by their people/citizens. If it will be killed by the government is should already happened long time ago when the heard about it. I think countries are just comtemplating and still studying if what will be the benefits they could get from crypto.

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August 10, 2018, 05:27:59 AM
 #603

In my based opinion, although government make the crypto illegal, I don;t think that they can kill the bitcoin and cryptocurrencies. We know that the people who are holding or involved in crypto are the big community from around the worldwide. So, whatever the reasons, I think it will be very difficult.

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antogen123
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August 11, 2018, 02:45:17 PM
 #604

i believe that for any state it would be foolish to give up the crypt, since the blockchain system is a new security system in the virtual world and it is necessary to go to the latter with time
ziggy21
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August 11, 2018, 03:34:28 PM
 #605

World  governments can do basically anything as regards the constitution of their respective countries but crypto is a new technology with a lot of potential so I believe it will still gain so much adoption with time.
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August 11, 2018, 03:37:51 PM
 #606

The purpose of the government is very simple, they just want to manage and control the cryptocurrency. I think in the future, they will have a way to collect taxes from cryptocurrency as well as manage it. Try to think, they can get huge profits from cryptocurrency, they will not easily kill it.
Btcirene88
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August 11, 2018, 03:43:46 PM
 #607

Every country has different way of governance and they have the right to take controls of all economic transaction within their state. In my country, cryptocurrency is neither accepted nor banned. Decentralization has an advantage anyway, as long as not abused by illegal transactions.

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Chachen19
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August 11, 2018, 03:53:21 PM
 #608

Some governments have accepted crypto operations and transactions in their home countries, because they have seen the value that the crypto market brings to their economies as well and actively promotes this. Encouraging the market to grow crypto
malading
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August 11, 2018, 03:57:15 PM
 #609

Will the government kill the cryptocurrency? I think that the attitude of the Japanese government and other countries can be seen. Of course, some countries will not allow crypto circulation, but they cannot kill encrypto.

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August 11, 2018, 04:08:03 PM
 #610

I hope that soon governments of different countries will accept crypto currencies and create regulation of the crypto sphere. And this will be a very positive moment for the whole market.

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August 15, 2018, 06:55:01 AM
 #611

It is extremely unlikely that administrations can slaughter digital forms of money, that is the entire purpose behind a decentralized framework in any case, there is no chance to get for one individual to simply reach in and close it down. The most noticeably awful that they can do is to boycott its utilization yet I think at last they will simply build up a compelling method to assess the income which we get from cryptos.
pryzh
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August 15, 2018, 06:57:34 AM
 #612

governments can scarcely deny digital forms of money, the same number of medias likewise report that this year would be a direction year for crypto, regardless of whether Chinese gov boycott the ICO, chinese nationals can likewise achieve data of ICO from different channels and buy it. Governments can't stop the entire world exchanging.
QueenCryptomarket
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August 16, 2018, 07:50:24 PM
 #613

Undoubtedly, almost all leaders of states do not understand anything in cryptography, even more than those who are afraid to make decisions on crypto. Therefore, it is understandable - against the unknown, the most likely decision is to destroy crypto. But few reasonable leaders will farsightedly adopt cryptography for use. The next year it will show, this is interesting opposition of crypto and governments.
faza13
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August 16, 2018, 08:00:14 PM
 #614

It is so impossible that governments can kill cryptos, which are all the goals behind a decentralized framework, in any case, there is no opportunity for one individual to simply enter and close it.
although the fact is that almost all state leaders do not understand anything in cryptography, even more than those who are afraid to make decisions about crypto. Therefore, it is understandable - against the unknown, the most likely decision is to destroy crypto
The government will not be able to kill Cryptocurrency because in this world everyone can access crypto. The most they can do is boycott their use but I think eventually they will only build interesting methods to assess the income we get from cryptos.
however, there are still many countries in the world that have given permission to manage Bitcoin. Because they realize that this business can benefit many people.

Iyanu14
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August 16, 2018, 08:12:05 PM
 #615

Not everybody can support new technology, some will support while some will oppose it, some government have seen wonderful things blockchain tech can do while some government are still sitting on fence.
Lightspeed005
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August 17, 2018, 10:30:41 AM
 #616

The government cannot kill it. They cannot control it so killing it is impossible as it is a decentralized system. Then many governments approved cryptocurrencies. So crypto will not be dead.
Bridgetnana
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August 17, 2018, 10:38:11 AM
 #617

I think that's not true. Blockchain technology has many benefits and the reality has proven itself. The problem of this technology is so new, the governments are trying to manage them and profit from it
ParveZ219
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August 17, 2018, 10:42:04 AM
 #618

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?


Government will not kill bitcoin but indirectly killing bitcoin....As they can not kill because it is not in their hand but bitcoin is depending on the internet which is in the hand of Government and they can ban the transaction in their network.
ngocdhbk2
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August 17, 2018, 10:48:08 AM
 #619

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 development of currency and especially Bitcoin along with the introduction of blockchain technology has helped us save a lot of time, money and make use of these technologies. The number of countries interested and applying the management of blockchain. But the government can not kill the currency market is only limited in some countries but i think that the more interested the government blockchain technology, the BTC price increases and the market is vibrant.

WildFire.ca
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August 17, 2018, 10:55:24 AM
 #620

I think they have already put their hands on it. Perhaps it is the government that causes the fall of the cryptocurrency market.

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