Government trying to stop bitcoin, what I see

[wxa7115]

Here is what I see each time the government tries to stop or control bitcoin-






Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.

The picture is hilarious, but it is the truth, governments are trying to stop cryptocurrencies but it's going to be impossible for them to do it because cryptocurrencies were created in such a way that they can resist such censorship, from the very beginning satoshi saw this and planned for it, and governments are very confused about what to do with them, if they forbid them then they are showing their hand and telling the people that they are not willing to accept competition in the realm of fiat.

But if they do not do it then people are going to keep adopting cryptocurrencies and the problem is going to become larger and larger, and if they try to regulate the market people are just going to ignore the regulations because they do not have to obey them because the government doesn't even know who they are.

[IndigoRed]

How can we be so sure the government is against crypto? Maybe they’re just doing their jobs in ensuring that we stay protected and that order in society can be maintained. We can’t just expect them to give the green light right away. Be glad they’re using their minds and not saying “yes” right away because it’s expected of them. Who knows, maybe we could find harmony one day and that the government and these new technologies can co-exist?

[BeGoods]

Here is what I see each time the government tries to stop or control bitcoin-






Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.

That is not a surprise and they are trying to do that through media and many sources most of the time but what they haven't understand that how can they control a decentralized currency. Because if they wants to stop a fiat currency or a social media site they can just take down there system through politics or lows but for bitcoin the core network is not centralized to any organization or a group of people so they can make bitcoin holders to fear and sell there assets or make some local restrictions but other than that nothing can be done until we have faith in it and that is the most important fact that can decide the bitcoins future

Create a door, but people do not need to go it. The rules for Crypto will be negatively affected but will not be able to control it. Everything is in incognito mode, and many people can fake personal information to pass KYC, which can not control Crypto by the basics.

The point is that the government can make any rules for cryptocurrency, but it won't be able to bind as a whole. seeing that crypto currency is decentralized and its users are anonymous, even though the government requires verification policies for users or prohibitions that won't affect anything, you can still use them easily with another door.

[SusanAnn]

Government always try to kill bitcoin but i think even they can ban bitcoin  all over the world, they can never stop the use of bitcoin

[karman383]

It can be said that it will be difficult if you have to stop bitcoin, and I think it takes time and more sophisticated technology. But what kind of technology can stop bitcoin? I guess it's still not found.

[MAJICOIN]

No one from any where can stop bitcoin but they will make rigid policies so the people will hesitate crypto and in these days people are hesitating bitcoin because of this while i is seen that we can also make money with this and government want s to check over this. SO people are also worry because if government check this then it will impose some taxes over it.

[Kasliono]

Here is what I see each time the government tries to stop or control bitcoin-






Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.

Actually, it is just the beginning, when all of people in the world already know what bitcoin is? how does it work? and what is the benefit to use it? then we don't need banks anymore. We can do transaction around the world just using one currency, Bitcoin. Look how easy it is?

[Dimas99]

If even goverments want to stop Bitcoin, then they get it badly. States recognize Bitcoin and this is of great importance. I think in the future goverments will use Bitcoin.

all possibilities can occur and no one can know for certain in my country cryptocurrency has not been recognized as an official currency that can be used in a real economic system today even banning transactions directly using cryptocurrency

[Mr.grin]

If even goverments want to stop Bitcoin, then they get it badly. States recognize Bitcoin and this is of great importance. I think in the future goverments will use Bitcoin.

all possibilities can occur and no one can know for certain in my country cryptocurrency has not been recognized as an official currency that can be used in a real economic system today even banning transactions directly using cryptocurrency

Well, I don't have a government like that. in my country, even though its growth is little by little, I think the government in this country is increasingly supporting the development of cryptocurrency, especially for bitcoin. well, each government views bitcoin differently.

[btc78]

Every governments has the right on what to provide for their people,and if they see a threat to their people then they will stop this from happening

This is a sad part because these governments dont see the positivity about the cryptocurrency and all they saw is the bad side,they dont even see the benefits from the adaption of this great coin

[eekkaa]

yes you are right there are so many governments from various countries who want to try to stop the circulation of bitcoin and try to break down the price of bitcoin and of course it will be very difficult because the demand for bticoin will be higher and the government will definitely fail to bring down the price of bitcoin.

[Nelsonmedias11]

I'm not sure what the government is doing is right or wrong but I think there must be a reason for the government to do so.

[mc.craigsvictor]

It is true that some governments are protesting against BTC. They are doing so as BTC is independent and no one can control it. Yes it is true that its use may be regulated, but controlling it is totally different thing.

[BulbaLord]

Yes,  other country trying to stop the bitcoin.  Because bitcoin is an individual thing to earn money and also it has no taxes. And government cant control how bitcoin flows.  So the only think that they can do,  is to stop it buy using their position. 

[Dimonhamon]

The authorities want to stop the bitcoin, because she wants to control him. This is already an old story. Nothing in them will not work out.

[ned.ryerson]

We can say with confidence that bitcoin will take its place in the economy, but now while Fiat time, and so the authorities are trying to extend this time.

[Madiha]

i think some country governments trying to stop bitcoin.not all country in the world. because they know bitcoin don't  control possible by government . but we are hoped that bitcoin will be more stronger in future.

[ABIR HASAN]

I think it's true Buying Drugs with Bitcoin. And for this reason Bitcoin has been banned in our country.
I think it's something bad people do. so it happen  Government trying to stop bitcoin.

[pundit]

Here is what I see each time the government tries to stop or control bitcoin-






Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.

That is not a surprise and they are trying to do that through media and many sources most of the time but what they haven't understand that how can they control a decentralized currency. Because if they wants to stop a fiat currency or a social media site they can just take down there system through politics or lows but for bitcoin the core network is not centralized to any organization or a group of people so they can make bitcoin holders to fear and sell there assets or make some local restrictions but other than that nothing can be done until we have faith in it and that is the most important fact that can decide the bitcoins future

This pic is ban on bitcoin, most of the govt have already ban bitcoin but this is not making it unpopular among the common people rather people are heavily buying bitcoin at this price, within one year bitcoin may see the new height and govts may see one anothers months open with surprise, if some technology is giving common people another reason to live why govts are against it and that too when these govts have not done anything exceptional about the common people, what is wrong with bitcoin, ahh pls do not talk me about money laundering, I can only accept it if it did not exist before bitcoin.

[Rooster101]

There are some countries that don't like the idea of allowing a decentralized cryptocurrencies because they are not yet prepared for it. These countries are mostly in the third world where their economy is not yet stable. Other kind of government that doesn't are socialist type like China and they instead support any coins that are created by them. But not all governments are against bitcoin because some of them have already legalized it.