Why is Bitcoin allowed to continue?

[zoeylee]

I think it's yes, bitcoin must allowed to continue for it many people adopts on it. No one can stop the phenomenon of bitcoin for investment still strong for all believers of bitcoin.

[karloscimot]

because bitcoin is very useful to help someone who doesn't have a permanent job like me bro. even bitcoin is also able to realize what we want. become a millionaire in the future .

[rtm125]

I do not think that bitcoin was created with some selfish goals. And I don't think it has anything to do with government or enslavement. This is a unique currency, which is created only for our convenience. Just to get around this whole outdated banking system.

[Glutius]

I still believe that the use of bitcoin is much more profitable than the banking system. And I think that many rulers understand this, though they do not want to admit it. And bitcoin has already become too popular, so it's not easy to get rid of it.

[tiktak89]

I think that's why the creator of bitcoin chose to hide his name to avoid pressure from government organizations. And so no one can stop bitcoin because it would have to turn off the Internet. It's a brilliant invention.

[rosemary4u]

The banks don't really care about what is happening in the world of cryptocurrency in the current time. Bitcoin transactions can easily be monitored or tracked with ease. There is transparency in the world of crypto this is the main reason why people should join the amazing world of crypto.

[Harlot]

The banks don't really care about what is happening in the world of cryptocurrency in the current time. Bitcoin transactions can easily be monitored or tracked with ease. There is transparency in the world of crypto this is the main reason why people should join the amazing world of crypto.

Not really, its not really about how easy it is to monitor or track this transactions that is why they are having a long leash to it. They see it as a way to boost the economy of their country. Rather than trying to abolish or destroy the market they will try to absorb and adapt what they currently have as it is much easier working together than trying to oppose who is in favor of it. Wise central banks like this one know that this market in the future would be a multi-billion dollar industry and it will be hard to pass on if they avoid it entirely.

[South Park]

I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance.   The central bankers have set up shop in almost all civilized countries and have a money printing racket going on.  In America the central bankers are kind enough to let our treasury print the money and then they take 6% off the top thus enslaving the American population.  Don't worry though most Americans are completely unaware of any of this.  The central bankers control the military as well as they own the government.

The last country, without nuclear weapons, to attempt to bypass the central bankers was Libya.  I can still see the vivid video on the internet of Qaddafi being murdered in broad daylight in the middle of the streets of Libya.  Another fellow who attempted to not use the US dollar and went against the wishes of the central bank was Saddam Hussein.  Once again he met a similar fate.  He was hung.

The three countries without central banks right now Iran, North Korea and Syria are under constant attack or threat of attack from the central bankers.

Why would they allow Bitcoin to continue like this and grow momentum?  All they would have to do is outlaw it and 90% of the world population would bitch out immediately and stop.  But they don't do it. 

Is Bitcoin a trap?  Is this a central banker monstrosity used to turn us into tax slaves by recording every transaction?  Was Bitcoin innocent and free money and the central bankers are trying to squeeze their way in so they can use it as a weapon?  The only thing I do know is they are not handing over a decentralized economy to us because they love us.  What's the play?  Are we being set up?  Are we the useful idiots getting all our friends and countrymen involved in crypto?

This is a very interesting angle that you are taking but the answer is not complicated they are trying to do it but they are doing it slowly because it will be very obvious what they are doing if they banned bitcoin all over the world, this is especially true because bitcoin is just a piece of data, people are not going to understand why they are banning it when many countries are looking at the legalization of illegal drugs, if they did that people will begin to ask questions and they do not want that.

[Marial Carter]

There are many countries in the world that are still banned, but they are allowed to operate because of their great contribution to society and because of its decentralized nature, no one has the power to decide. Its existence so it always works and grows

[akram143]

There are many countries in the world that are still banned, but they are allowed to operate because of their great contribution to society and because of its decentralized nature, no one has the power to decide. Its existence so it always works and grows

Bitcoin always developed plot from which starting till the end of the day that are the special and different kind of achievement from different to the other currency that's why I like other people also like investing in cryptocurrency field

[Koobtcgal]

Bitcoin continued existence is driven by these 2 major forces,
1. The community
2. Miners
The second point is very vital in the existence of bitcoin because without miners, no one can make a transaction on the bitcoin blockchain. The first point comes into play when there are miners alright but people do not like the coin itself so not using causing less demand. Bitcoin successfully exists bacause it has all these favoring it.

[javadsalehi]

The banks don't really care about what is happening in the world of cryptocurrency in the current time. Bitcoin transactions can easily be monitored or tracked with ease. There is transparency in the world of crypto this is the main reason why people should join the amazing world of crypto.

I agree that. Banks don't care much about bitcoin. The only reason is they have no control on what is happening. So, they ignore it. And even if some governments and banks try to play a role in cryptocurrencies, they can only create a new centralized one. They won't be able to control bitcoin.

[adzino]

Central bank giving no resistance? Who are they going to resist  ? There is no central authority in bitcoin, thus there is no way the bank will be able to stop bitcoin. There is no way they can stop everyone from using bitcoin. The case would have been different if bitcoin was centralized. The government could have taken down those central authority and stop the usage. Fortunately, that is not the case. Do you think the government was or will be able to stop torrenting? If they can stop torrenting, there are chances that they will be able to stop usage of crypto currencies.

[hakeris123]

 i dont see the point  how bitcoin and other assets on blockchain create wealth and stimulate economy to grow.In traditional way people investing money in shares bonds or stocks which creates wealth.Funds are used for expand companies create jobs invent new tech and etc. Lets say people been investing in samsung apple microsoft amazon and etc ,these giants created thousands jobs ,amazing technologies and investors happy they became richer and people happy having such amazing achievements.But bitcoin has done fk all ,nerds and insiders became rich and some lucky ones 

[Udrujec]

Bitcoin was created to minimize the influence of the authorities and state banks. And it is difficult to influence it, because no one knows who created and develops it. Therefore, bitcoin still lives and continues to conquer the world.

[bigbosma]

Most likely, bitcoin has already been tried to influence to find its creators or somehow break and take control of this technology. But it was created in this way to circumvent all these prohibitions, being also very safe. Therefore, most likely, bitcoin can not be reached yet.

[chikading2016]

Most likely, bitcoin has already been tried to influence to find its creators or somehow break and take control of this technology. But it was created in this way to circumvent all these prohibitions, being also very safe. Therefore, most likely, bitcoin can not be reached yet.

Bitcoin is really decentralized and it dosed depend on every government it has really an own path. Thatvis why even if it is already banned on some other country it is still alive on other country. It is really allowed because government can controlled it at all. It is really an amazing coin that has really an amazing features. I believe that bitcoin will soon rise.

[ratatat bangbang]

I think they are private sector which goverment can't stop. It could be the reason also the number of investors and people who uses and joined bitcoin.

[LeetPoolsOP]

Most likely, bitcoin has already been tried to influence to find its creators or somehow break and take control of this technology. But it was created in this way to circumvent all these prohibitions, being also very safe. Therefore, most likely, bitcoin can not be reached yet.

Bitcoin is really decentralized and it dosed depend on every government it has really an own path. Thatvis why even if it is already banned on some other country it is still alive on other country. It is really allowed because government can controlled it at all. It is really an amazing coin that has really an amazing features. I believe that bitcoin will soon rise.

The only way to remove Bitcoin completely is to turn off the Internet all over the world. Then he will not exist in the moment.

[clickerz]

Most likely, bitcoin has already been tried to influence to find its creators or somehow break and take control of this technology. But it was created in this way to circumvent all these prohibitions, being also very safe. Therefore, most likely, bitcoin can not be reached yet.

Bitcoin is really decentralized and it dosed depend on every government it has really an own path. Thatvis why even if it is already banned on some other country it is still alive on other country. It is really allowed because government can controlled it at all. It is really an amazing coin that has really an amazing features. I believe that bitcoin will soon rise.

Thats true, and no none controls this bitcoin. Some countries may  banned it but   bitcoin will continue as long as there are many people like us who support it as an alternative to fiat in transacting online. We already witnessed how bitcoin is useful with its valuable features, it is us who is benefiting from this that drives its adoption.