Will the governments kill cryptocurrencies

[Salelo]

Some governments are banning cryptocurrencies because some people are using it to perpetuate fraud most especially through ICOs. The blockchain tech and decentralization is a very good feat that every government should start to consider and develop with time.

actually the government must be wiser in making decisions, so that blockchain technology can be used properly, so that it can be useful for the government, so that mutual benefits

[paramelton]

There are different countries and different understanding about blockchain technology. Some governments still fighting with cryptocurrency, but some will implement it in the country's financial system.

[reztava]

I think it is very difficult for the government to kill this crypto currency, because there are already many shareholders in the altcoin, and this will hurt them all if the crypto is closed. there must be a lot of big people who will destroy the world economy.

[Cyptocity]

killing cryptocurrencies is about killing technologies. And that won’t be easy. In fact, government actions like the one by the Chinese and the American governments that limit or ban ICOs are bullish for Bitcoin and other broadly followed digital currencies in the long run.

[e@symode]

This development may well be, because now it is very important to understand that the crypto-currencies today are a big problem for the banking sector, but you do understand that it is precisely such situations as today in the stock market push new people into the crypto-currency market

[s31joemhar]

Actually it is depends if the governments kill cryptocurrencies because if they are belong to the scammers currency then the government do an action regarding this to resolve the main problem in business world.

[RistirP]

Sure thing, the majority of officials who are in power have already invested in the crypto. There are many good uses of blockchain technology and many countries have started blockchain research center to learn more about blockchain technology.

[ka4ok1331]

The governments wish to kill crypto, or at least to control it. But like to think that they will never have such an opportunity. Blockchain was invented to make everyone equal. So let's hope for the best

[fishxrboi]

Well in other countries that doesn't like crypto then they can kill it in their area but in other country too they niether make it illegal or legal. There are different countries and different understanding about this technology

[humantraffic]

Yes, they will continue the struggle. Some states do not want money from the country to go to the cryptocurrency and do not understand what even the technology of blockchain can be useful for them.

[Konffetka]

Cryptocurrency is a new invention and modern technology in the field of finance, and I'm sure that if the government wants to make changes to its country, it will certainly follow the times. and it has been proven that there are some countries that have made their own Cryptocurrency, and there are also new blindfold plans. for those countries that prohibit Bitcoin and Cryptocurrency, I'm sure that someday it will change this decision and will accept this Cryptocurrency.

[alister.kain]

I think that it will be better in the case of profitability to cooperate with crypto to get maximum benefit from its position. Crypto is close to be very independent and country can have some losses here. So to my mind they will agree with the crypto in its being in our lifes.

[Zelivsky]

I think governments would like to fight against Crypto and decentralization, because they do not want to lose their power and control.  But on the other hand, the cryptocurrency is based on the blockchain technology, which is very progressive and advanced. Governments understand that they must use this technology to move forward and keep up with other governments. So they can't ban it.  Therefore, they will have to put up with the cryptocurrencies, decentralization and restriction of their power.

[Ilekoyafemi]

Some government will never accept cryptocurrency or the blockchain technology because it poses a threat to the normal currency. Using blockchain technology makes cryptocurrency a decentralized exchange which the government can not have control over. I believe this is one of the reasons why some gorvernment will kill crypto

[TokenForUs]

decentralization was become scary enemy for the majority of government, the existing of cryptocurrency has become threat for government. especially government bank, if many investors are starting to realize and know about cryptocurrency with its blockchain technology, i think they will turn away their investment to cryptocurrency, as they see that cryptocurrency is the future of currency and has many advantages compared to fiat or other currencies.

[sky_Gritzz]

that is a case that is quite possible too, because government can monitor asset of people because the high privacy in blockchain, that's why few country prohibit usage cryptocurrency by their government.

[BitSat]

They can only delay it from been fully utilized and adopted by mainstream but can't stop as some countries have started adopting it into the system. Government is aware of its potential but might be afraid of the possible tax invasion and fraud associated with it because of its anonymous nature. Now many countries also working on this with the help of devs because they understand its going to help too much in near future and stopping or blocking not going to work so involvement is much better for better future of common peoples.

[babaya]

that is a case that is quite possible too, because government can monitor asset of people because the high privacy in blockchain, that's why few country prohibit usage cryptocurrency by their government.

I believe sooner or later many of these countries will definitely still come to embrace. Despite the fact that governmental authorities some countries are still head bent about not allowing the incursion/blossoming of blockchain technology,  Looking at some things that eventually becomes generally accepted every where, we can actually discern that some of it faced even stiffer challengers than what the crypto world is facing right now. We just need time. Just stay calm and keep hodling mate.

[PaduabAz]

I think the time has gone for anybody to trust that any administration can kill crypto. Crypto has come to remain. The innovation has recently begun, there are still No one known its happens or not,but most likely it might happen,crypto is becoming quick and can kill fiat in future,maybe goverment is in procedure to control cryptographic money and one day,crypto supplant genuine cash incredible prospects in it. Digital money will have an unmistakable effect on the planet we are in.

[Yocerr]

Fighting is useless. For States, there is another option to Accustom.