Will the governments kill cryptocurrencies

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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 do not. You need to spend a little more time learning about it to form a stable impression. To start off, read about Laos government.

[Simayi]

You may not have studied the cryptocurrency and blockchain carefully. The government cannot close blockchain technology. Since this is an advanced Internet technology, giving up the blockchain is equivalent to giving up the latest technology development!

[NewRanger]

You may not have studied the cryptocurrency and blockchain carefully. The government cannot close blockchain technology. Since this is an advanced Internet technology, giving up the blockchain is equivalent to giving up the latest technology development!

i am sure government will support blockchain technology later.its create effectiveness and effiency in any field.its not only about bitcoin and altcoin but there is some important thing there.

[Barbatos]

Governments want to control cahs flow of citizens. It is completely natural and I hope that they will be able to find new ways of controllin it in future.

[Ezenwanyi]

I believe if the government has such powers , Cryptocurrency would have gone into extinction already.
But government doesn't have such powers over Cryptocurrency and so it will be almost impossible for the government to crack down on Cryptocurrency.

[97percent]

It is difficult for the government to turn off crypto technology. Crypto is growing big because of its growing community over time. Crypto will only be able to die if there are no more residents and those who support it. And crypto will become stronger and bigger with the ever-increasing community and external parties who also contribute to crypto's positive support. Especially with the system of using crypto anonymity, it will increasingly make it difficult for the government to track it down.

[sinkfish]

they can try, but it will fail, then the government forced to adopt, or they will replace with new one that will adopt.

[cryptolord2077]

It makes no sense for the government to kill the cryptocurrency. Cryptocurrency is a massive phenomenon, a much more advantageous solution would be to take control of the cryptocurrency, impose additional taxes and restrictions. Another mechanism for managing people in the hands of the government. All attempts to destroy the cryptocurrency will only lead to its even greater distribution.

[hanomnom]

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 have already lost control over BTC and other old coins, so they do not want to make the same mistakes again. It is clear for anyone.

[Abal Abal]

I don't think the government will ever kill a cryptocurrency, because if they do it they will affect every people's economy. however, the government will not legalize crypto, because when it is done they will lose a lot of income from taxes and banks.

[atayating]

If the future development of cryptocurrencies affects the economic system of all countries, or if it is only used for crime, then it may face government sanctions!

[Vanderbleek]

In some years crypto will become so big, that governments won't have another choice, rather to accept crypto currencies. They cannot ban something that is used by people and that will lead us to the next industrial revolution.

[temilade200]

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?

Presently, it seems governments of the countries that were against cryptocurrency, have now reduced the pressure on it. This is because there are no news per se on it this days. The government of my own country is now trying to see how it can be legalized and i am sure some countries are also putting that into consideration. Cryptocurrency can really be a libration to so many countries.

[wareck]

Because cryptocurrency is the threat for all that we can see in the modern world, because it is able of crashing of current economic system.

[TamaraKul]

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?

Well, in current situation, it is even better that cryptos are not a part of our world, because local crisis could become worldwide and this scares me.

[Catmurs]

Yes, even if they will fight, I think it's pointless, bitcoin can no longer be affected, I think it will develop because people love it and will use it .

[otundebis]

I think cryptocurrency is complimentary to work and duty of a government.  The blockchain technology that is been extensively used by bitcoin help government to keep tab on her citizen,  duties and record provided that it is used!

[iqlimasyadiqa]

In some years crypto will become so big, that governments won't have another choice, rather to accept crypto currencies. They cannot ban something that is used by people and that will lead us to the next industrial revolution.

Yes, it's true that in the end the government will continue to support the use of digital currency. The digital currency is so developed and has many users. The number of users is what will make the digital currency grow and will gradually put pressure on the government so that regulations that will benefit each other immediately.

[Ivanmikronov]

I think nothing threatens cryptocurrency, the market is too small for the scale of the state. Those who prohibit themselves are receiving great benefits, as they close the door to development.

[kauban2018]

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 think not. many governments would try but that wont stop the web from progressing in using crypto as everyday people are more relying on a digital method whoch the gov. doesnt delve deep to it due to many issues in their country. crypto will continue to rise and spread