Why is Bitcoin allowed to continue?

[hadveach]

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.

I agree with you, crypto is more profitable than banks that use a centralized system, I think banks only make consumers experience a lot of losses.

monthly administration, bad security, and every service that doesn't make us satisfied.

and bitcoin came to be the solution to all that problems.

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[gesdan]

I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance.

Central bankers aren't "allowing" Bitcoin, Bitcoin is permissionless

in the future, maybe central bankers and government can allow bitcoin and maybe they will makes bitcoin legally and can be used by all people in the world,

[yogg]

I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance.

Central bankers aren't "allowing" Bitcoin, Bitcoin is permissionless

in the future, maybe central bankers and government can allow bitcoin and maybe they will makes bitcoin legally and can be used by all people in the world,

They can't allow it like they can't forbid it. Nobody can forbid bitcoin, really.
Govt can make laws that punishes the use of crypto, but that is a totalitarian regime.

[ansarose1]

i think this world runs by money matters, besides bitcoin industry makes many people earn out of it, although central banks are against the regulation of bitcoin, it is still making its way to blck or ban usage of bitcoin, but bitcoin still now continue to grow and develop.

[sambel90129]

Obviously, it's not for nothing that you can not point out the specific person behind the bitcoin. Until now, no one knows who Satoshi is, and therefore there is no specific person to whom central banks, governments or the mafia could influence. The prohibition of bitcoin will not be able to stop the development of crypto currency.

it's actually simple, as long as there is demand and there are buying and selling activities, of course bitcoin will never be stopped by anyone and any country, that's the principle of trading as long as needed and many people are involved, bitcoin will be stronger and I feel demand bitcoin will never die because the world is experiencing evolution in terms of currencies,

[Johnzky]

And how do you want central bank stopping us to use Bitcoin? Who are they to give use us directives?

Lol your so rude in questioning 😂😂😂

But you are right mate,theres no one can dictate us what to use,specially cryptocurrencies and most specially bitcoin

We will use this whenever we want and we need,so stop bullying around since this community is been here for more than 10 years now.

[Madiha]

bitcoin can make many men, indefinded earn. and can make life develop. can help economic in the country. so some government don't  illegal bitcoin. central bank also dont affect with bitcoin. so many people loved and faithfully bitcoin. bitcoin is a digital currency in the world. hoped that future it will be more stronger and stable. so hoped that Bitcoin allowed to continue. thanks

[DavidNiva]

And how do you want central bank stopping us to use Bitcoin? Who are they to give use us directives?

bitcoin is a stand-alone currency that is not dependent on one country and cannot be managed by anyone, so bitcoin cannot be stopped we are increasingly seeing the phenomenon of society in trading, especially online trading, where payment systems use bitcoin, so how can stop if the community starts to use it comfortably ..

[ngerok]

i think this world runs by money matters, besides bitcoin industry makes many people earn out of it, although central banks are against the regulation of bitcoin, it is still making its way to blck or ban usage of bitcoin, but bitcoin still now continue to grow and develop.

the conclusion is that bitcoin has a good impact on all users, bitcoin can provide many benefits even though there are some risks that must be dealt with correctly. many people feel happiness after joining bitcoin so that it will attract more people who will join bitcoin and this will have a good impact on the price of bitcoin where more and more demand will increase the value of bitcoin.

[jake zyrus]

I think bitcoin is allowed to continue because it can help the economy of many people who use it. Not without reason if bitcoin continues to be allowed to develop until now means they have recognized the use and benefits of bitcoin itself. Indeed, sometimes bitcoin can go up and down in value but bitcoin will still be trusted by many people and its benefits will be enjoyed today.

Bitcoin is allowed to continue cause the reason, bitcoin gives big help for all there investor's to change there life to become successful and to become financially stable also bitcoin is a big for our economy it reduce the poverty of one country, even we know the price value is unstable they continues trusted and believed in bitcoin.

[t3ChNo]

I don't think they can outlaw Bitcoin. Just because some had used it used in "illegal activities" doesn't mean it's bad. Fiat is way more used in those "illegal activities".

[nuraziaaziz]

It is true that central banks dislike cryptocurrency ever since it's being released because Bitcoin for example is an decentralized system where no banks will get involved or third parties however banks believed that it is not a bad idea to continue Bitcoin because it is a security that could store and hold information with only the owner itself who have the access to it.

[suprex333]

Bitcoin does continue because it is potential, any bank will not be able to stop it. Bitcoin movements are very good and have high prices.
Receiving bitcoin will have a positive impact on the economy, so don't ignore it.

[doodle07]

Because it continues to benefit all of it users and many are impressed about how it works, by the profitability of it and the opportunity to earn more and make their lives better and brighter. It has been used by criminals too but it does not mean that its bad at all.

[hakeris123]

you keep supporting bitcoin but how come all of you still thinking about fiat ?why 1 bitcoin isnt 1 bitcoin?Fuck fiat lets try to push things forward and use bitcoin on daily purchases. Ohh  wait we cant  Bitcoin isnt like currency .its more like store of value.

[efxtrader]

Bitcoin not allowed by central banks but bitcoin can not stop by central banks. I think no one authorities can stop bitcoin existence because bitcoin is decentralized cryptocurrency. No one government can touch bitcoin because the transaction data spread all around the world

[Gabah56]

because bitcoin is very useful for the community. including me, bro. because I myself am looking for profit to meet all my daily needs from investing in bitcoin, bro.

[Woolles890]

How can bitcoin be stopped? The development of bitcoin is so vast and fast that no one can stop it. Central banks themselves cannot stop it, so this development has a positive impact on the personal economy.

[DennyPen]

I won't be surprised if XRP gets on the top of CMC in the next 6-12 months. The tool that allows making the maximum profit will be on top. Whether the title is btc, xrp or eth, that doesn't matter.

[Joeyvicky]

Am sure the bankers themselves have realized the essence of the blockchain based crypto and we some bankers moving unto the decentralized platform and as we all know the start of every good thing is not easy but with time it will trend and so as bitcoin will continue to grow no matter how bankers acts.