Will the governments kill cryptocurrencies

[Balab01]

I think that the government will interfere with the crypto currency, lock it up ... but it is technically impossible to prohibit the crypto currency because it is a technology of blockchain! I think not all at once, just have to wait, because it's a very modern technology and many people do not even understand it!

Right. We tend to fear and ban what we don't understand or perceive as a threat. We need some sense of purpose and order in the crypto market to make it attractive to the authorities and make it more acceptable. I don't think cryptos will be killed.

[simplelove]

It is very unlikely that any democratic government will try to ban crypto currency out right, but they will definitely make every effort to see that it isn’t not allowed to exist outside of its control. On another note, I’ve heard rumors that some think that BTC was even created by an anonymous government to gain greater control over global finances.

Sometimes I think that decentralization has some disadvantages, and the market should have some authority to steer it in the right direction. It shouldn't be a totalitarian control but some kind of control is necessary. Funny rumors you heard))

[Nibelung]

I think that the government can kill the crypto currency if it passes laws that prohibit it. But I hope that this will not happen and the government of each country will show loyalty to crypto.

[Coingram]

They can, but its will be difficult and they will faces protests. They should better kill banks system. Any way if there will be disscussions about killing crypto it will be on the highest level (UN or G8 something like this)

[chokomenia]

They will continue to fight until a point when they will give up and embrace the crypto currency, I  believe once more country adopts crypto currency others countries will be opened to do so as well.

[Boctok]

   Then it is the government to fight. I do not feel this on myself. There are things more important than crypto currency. What do you think?

[manwithsuit909]

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?

They can't and they won't
Why ?well if you keep track with political and economic news .You will now that thou we think it will be a threat to country economic but its also a easy way for the gov to do their dirty job

[handyhuman]

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?

yes they could if they will use forceful measures on the bank and other businesses by banning the use of crypto completely. They primarily believe these currency disrupts the nations economy completely because these coins are decentralized and wont answer to any government at all.

[rellor]

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 can not kill crypto currencies. It is a war that they are not able to win, because crypto currencies are decentralized assets.

Sure they can't, but it's possible to make the using of cryptocurrencies outlaw. This push away ordinary persons from using it, not geeks of course

[andrey1267p]

Governments control fiat currencies. They use central banks to issue or destroy money out of thin air, using what is known as monetary policy to exert economic influence. They also dictate how fiat currencies can be transferred, enabling them to track currency movement, dictate who profits from that movement, collect taxes on it, and trace criminal activity. All of this control is lost when non-government bodies create their own currencies.Bitcoin users don’t need the existing banking system. The currency is created in cyberspace, when so called "miners" use the power of their computers to solve complex algorithms that serve as verification for Bitcoin transactions. Their reward is payment with cyber currency, which is  stored digitally and passed between buyers and sellers without the need for an intermediary. On a smaller scale, airlines reward miles function in a similar way, enabling travelers to purchase plane tickets, hotel rooms, and other items using airline miles as virtual currency.
If bitcoin or another cryptocurrency become widely adopted, the entire banking system could become irrelevant. While this may sound like a wonderful concept in light of the recent behavior of the banking industry, there are two sides to every story.  While the financial crisis gave bankers an even worse reputation than they already had, there is something to be said for institutions that oversee timely, effective, and trustworthy asset transfers and their associated recordkeeping. There’s also the issue of the fees banks earn for the services they provide. Those fees generate a lot of revenue and a lot of jobs across the global banking industry. Without banks, those jobs disappear, as does the tax revenue those banks and their employees’ paychecks generate. Money transfer business would also disappear in a virtual world. Nobody needs Western Union or its competitors if everybody is using bitcoin.

[apyong]

I dont think the government will kill the cryptocurrecies, they will regulate and control only  the use  of cryptocurrencies in the country.  Im sure they will not legalize the cryptocurrencies, but thats understandable. Lets hope and pray that the government wont stop cryptocurrencies.

[kamilah147]

I think that the government can kill the crypto currency if it passes laws that prohibit it. But I hope that this will not happen and the government of each country will show loyalty to crypto.

indeed the government has the right to prohibit crypto from violating the laws set by the state. so the government is very vigilant. even though the government's rights exist, but I also think that crypto does not violate the rules and regulations in each country.

[Jenni5]

Governments have imposed quite some harsh restrictions on the trading of cryptocurrencies but with time all things are going to be sorted. For updates about all the changing trends and developments in different countries, visit- https://bitcointalk.org/index.php?topic=4789065

[campusnet]

I think that the government can kill the crypto currency if it passes laws that prohibit it. But I hope that this will not happen and the government of each country will show loyalty to crypto.

indeed the government has the right to prohibit crypto from violating the laws set by the state. so the government is very vigilant. even though the government's rights exist, but I also think that crypto does not violate the rules and regulations in each country.

some countries do not prohibit the existence of crypto, also did not receive the crypto. the country simply does not recognize if crypto is a digital currency. most of these countries consider the crypto there is a futures investment assets that are too much risk. It's that creating many people give understanding if a banned crypto.

[nambunamba]

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?

Good goverment always opened to something new and especially for this fintech that might be big in future and could be masively use by many people. Even though China ban the cryptocurrency i believe there still many people buying cryptocurrency.

[Miles123]

They can't kill cryptocurrencies because it is a decentralize and many people benefit from that kind of job. It helps their community earn and have their own income to support their daily needs. Some country banned this crypto and they don't accept that.

[Happy Miner]

I do not think they will do it. Cryptocurrency does not threaten the government and the world financial system. But it brings profit to the owners of exchanges, which pay taxes to the government.

[kriptoman171]

Governments, in my opinion, will not fight with crypto-currencies, they will take all the crypto under their control. This is already happening. Crypto will become the next currency in the hands of the state.

[clarkgeneral86]

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?

In my opinion the government can only limit the influence and spread of Bitcoin as well as the currency market. and can not limit potential transactions in the crypto market. And no matter what the circumstances, i believe Bitcoin and the crypto market will break out of government regulation and raise new heights of the market as well as Bitcoin.

[nemesio]

Yes, some governments are trying to kill cardinally cryptography. In particular, they prohibit crypto-currencies and create barriers for new participants. But in principle it is simply impossible to kill all technology. I believe that the crypto-currencies will develop and find support among many states.