Why is Bitcoin allowed to continue?

[Naughty Princess]

I think bitcoin should allow to continue in the present time because with this we can say that people will more feel good if they have a fast moving currency because for businesses required a fast payment mode so that can change the deals and they are become more close together.

Bitcoin is created as a platform for new payment method rather than an asset to invest with. It is a allowed to continue as it is legalized in some county and used it on different stores for easy and fast transaction. It will be a good digital currency that could gain trust on people to use as the technology keeps growing and cashless society will build.

[DaWidyaa]

I think what the government is doing right now is because of the good development of cryptocurrency, inevitably the government starts making rules relating to cryptocurrency, so the rules are increasingly growing.

[treatWy]

The conclusion of this matter bitcoin is decentralized program.
Banks and governments will never stop and wholly regulate bitcoin .

It is uncontrollable and stoppable

[beami]

This is the development that happens, whether or not the government and the bank must be able to recognize that this bitcoin does exist and has many advantages. Because of this development, crypto lovers can freely develop their digital assets, and actually, the bank will unwittingly use the internet in its performance and will slowly follow blockchain technology according to the times.

[thuat86]

simply because no one, no government can shut down Bitcoin Network. BTC has become a currency, an asset of people and for people worldwide.

[beatzcoin123]

the simple reason why the central bankers can do nothing about bitcoin is simply because of the decentralized nature of the coin, i bet my life on it that if possible the central bankers would want to eliminate bitcoin infact they are doing all they could to stop bitcoin, but they cannot stop nor do anything about bitcoin, bitcoin is here to stay.

[TheClownSong]

Central banks can not stop bitcoin because bitcoin is decentralized cryptocurrency. What government can do with bitcoin is regulate it as commodity and collecting taxes from bitcoin trade. As decentralized cryptocurrency, bitcoin can not control by any institution

[iMark]

...because those who had the power to stop him at the beginning had not noticed, not understanding him. Now there are already great interests. And politics never risks losing consensus going against too many interests.

The interest of banks are still many times bigger than any created interest in maintaining cryptocurrencies alive, the truth is they do not really know how they could kill something like bitcoin, the moment they try to do it we will know they are against us and unless they can exterminate all cryptocurrencies with a single movement then some of them will remain and people will do everything to protect the cryptocurrencies that were left and that will only make killing those cryptocurrencies even harder.

Make no mistake they are looking for ways to destroy the market and so far they have failed that is why you do not see an open opposition against bitcoin at the moment but that will change especially if cryptocurrencies begin to affect in a significant way the interests of banks.

I agree, Central Bank certainly doesn't like Bitcoin to be alive but it still doesn't know how to stop Bitcoin yet, even though the Bitcoin can be dangerous but it also got a big usage for the people, so the government still try to do research, to see either Bitcoin could help the country or destroy the country

The government and banks have no way to stop bitcoin, it is impossible for them to stop technological development, you know something new will not be dammed, and something outdated will definitely be replaced. and bitcoin will continue to spread, and that requires the government to find another way

[mmaxswellmurugan]

Because a lot of people are still believing in it and still positive that it would be legalized every corner in this world.
Hoping for a better 2019 for Bitcoin and for everyone!

[santiPOGI]

Bitcoin popularity and using is from the people, the demand is from humanity worldwide.
Bitcoin is allowed to every country but the popularity it has make more country to regulate the coin.
But still there are many people who wants to continue using it as they see the freedom on it unlike on FIAT.

[gendang_cinta]

Central banks can not stop bitcoin because bitcoin is decentralized cryptocurrency. What government can do with bitcoin is regulate it as commodity and collecting taxes from bitcoin trade. As decentralized cryptocurrency, bitcoin can not control by any institution

although Bitcoin can be stopped but I think it is better for the government to use Bitcoin for the progress of their respective countries rather than having to stop it because Bitcoin can change the fate of someone even a country.

Unless Bitcoin has a negative effect on the world, the government has the right to stop it, but I think Bitcoin has a positive impact that is greater than the negative impact, so I don't think Bitcoin needs to be stopped.

[speeder]

Well i don't think this central bankers can control BTC.All this crypto world is  anonymous and besides that we are a community with a lot of people who live with the help of Bitcoin, like..they pay their bills , they buy what they need with Bitcoin so i really don't think that the central bankers can control technology and even if they could, i don't think that they want to be the target of a revolution.Anyway i hope that in 2019 things will be better and Bitcoinc will be legalized in more countries.

[Kahoy01]

Well i don't think this central bankers can control BTC.All this crypto world is  anonymous and besides that we are a community with a lot of people who live with the help of Bitcoin, like..they pay their bills , they buy what they need with Bitcoin so i really don't think that the central bankers can control technology and even if they could, i don't think that they want to be the target of a revolution.Anyway i hope that in 2019 things will be better and Bitcoinc will be legalized in more countries.

It is one of the characteristics of the bitcoin why many people are still patronizing it. Bitcoin is decentralized so there are no central authority like central banks that can control bitcoin. It is the reason why the bitcoin is a threat to banks and many more financial institutions.

[avarnet]

I think what the government is doing right now is because of the good development of cryptocurrency, inevitably the government starts making rules relating to cryptocurrency, so the rules are increasingly growing.

that's right because so far the development of bitcoin has been getting better in the eyes of several countries and governments, so until now bitcoin is still still allowed to grow again

[Godday]

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

I don't think there is anyone or bank that can prohibit us from using bitcoin. because until now the existence of bitcoin will still grow again as before. so the possibility of btc enthusiasts will later increase again than before.

[Jose Rizal]

It's because central bank are know how much bitcoin can help the people and the country economic, but i didn't understand why they didn't allowing full adoption of bitcoin operation as legal currency, one thing i senn the reason is because bitcoin is threat currency to become banks are die.

I agree with this. Central banks were not the apple of the eye of the people now that Bitcoin is genuinely established nowadays,and I think this will be a main reason why untill now Bitcoin is very productive through thick and thin And people is very persistent in everything that they were doing here in this community as we can Bitcoin gained the trust of the people which we can say as the reason why up to now is continuously running.

[Mhd-Bobbi]

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?

No need to worry about printing money made by the government in their own country, because that includes their work to do money printing in their country. If their country runs out of money of course they will print new money.
There are no pitfalls against bitcoin, all of this depends on demand, because like they open the store they sell based on the number of people who make a purchase.
So what we hope for now is how the use of bitcoin can be used legally in all countries, and if taxed by the government will be better, so that all bitcoin usage is regular and tax compliance.

[Crafts12]

It's because central bank are know how much bitcoin can help the people and the country economic, but i didn't understand why they didn't allowing full adoption of bitcoin operation as legal currency, one thing i senn the reason is because bitcoin is threat currency to become banks are die.

Maybe central banks still seeing some holes in regulating the cryptocurrency and adopting it fully. I think they are weighing the pors and cons of cryptocurrency in their and in society. Bitcoin is allowed to continue because even governments see some potential in here and benefits for the mankind.

[Genosx]

I think the reason behind why the bitcoin is still allowed to continue its operation is
because they are legit business and many people that are still keep supporting them from very beginning.

[fianaindriati]

I think the reason behind why the bitcoin is still allowed to continue its operation is
because they are legit business and many people that are still keep supporting them from very beginning.

indeed the development of bitcoin is still interested by many people, even though the current situation is indeed experiencing a huge decline. but indeed bitcoin has the right to get permission to circulate.