Why is Bitcoin allowed to continue?

[brokens]

the reason Bitcoin is still allowed and continues its operation is because Bitcoin is increasingly popular in the world and many people use Bitcoin as a personal need or other need. so far Bitcoin already more increasing growing and that is what makes Bitcoin will keep to continue its journey in the future. as long as Bitcoin can still be accessed on the internet and many enthusiasts, then Bitcoin still has the right to can be used. maybe there are still many other causes that make Bitcoin still allowed and keep to continue.

[bones261]

     The reason Bitcoin is "allowed" to continue is that any reasonable effort to destroy or stop it would cost the attacker(s) billions of dollars. In the end, I do not see how any entity would be willing to spend billions of dollars destroying or stopping BTC when the efforts would likely fail anyway. Some say the attacker could benefit by shorting the market. The markets are too illiquid at this time to possibly recoup the costs before most persistent bulls either get REKT, or give up, making the market even more illiquid.

[Insufficient]

Here I go again with my non stop "we believe what we choose to believe" thing. Find something that does not have an advantage and disadvantage and let me know if you found one. Bottom line is central bank knows the pros and cons of the technology and of course if the pros are higher why would they try to stop it and not use to their advantage instead? There is no stopping the internet and all they could do for now is to put as much "blockage" to getting it adopted by the masses.

[WebTera]

It is difficult to answer for sure here. Perhaps the government has its own plans for cryptocurrency, perhaps they understand that it is necessary for people, and perhaps they simply do not know how to influence it. In any case, it is unlikely that we can do anything and can just wait for active actions on the part of the government in relation to bitcoin.

[minhlee95]

Bitcoin is developing because it is a really decent technology and most people in the world understand it. And most importantly, the followers of bitcoin investors are becoming more and more every day. I think that's what allows it to be afloat on a global scale, and even the government can't influence it.

[Lpim01]

Bitcoin is developing because it is a really decent technology and most people in the world understand it. And most importantly, the followers of bitcoin investors are becoming more and more every day. I think that's what allows it to be afloat on a global scale, and even the government can't influence it.

Crypto development will surely enlighten us and give more opportunities ahead.  I believe some developers will think about it and tried to improve their service especially for market exchange.
To uplift and adopt the new environment, we should adopt a new system that could help us to be more productive that bitcoin  could help us.

[Burogh]

I dont think bitcoin is a trap, people investing their money in bitcoin because investor believe in digital world need currency that fast for transaction and more secure. Central banks and government can not touch bitcoin because bitcoin is decentralized cryptocurrency and government should take advantages on bitcoin by collecting taxes from bitcoin trade

[clickerz]

I think  bitcoin is thriving and popular becuase of freedom it can offer. It i free from bankers and  elites control. In bitcoin you an transact anywhere from the world with the security and convenience it can offer. Its like having a bank at the tip of our finger, its portable too with the use of mobile phones.

[wow.magic]

there are some countries that consider that bitcoin is a currency threat to become a useless bank but on the other hand bitcoin can help people and the economy of the country so I don't understand why they don't allow the full adoption of bitcoin operations as legal currency

I think that government can't allow the full adoption of bitcoin cause bitcoin don't have taxes, the government can't collect taxes if bitcoin continues running in there country. Right bitcoin is big help cause it reduce the poverty of one country it gives job with high income to the people, and I think people have to right to choice to use bank or in bitcoin.

[kikoy999]

we need to allow bitcoin to continue despite its low price today because of the amount of people it has helped and many people believe that it will increase its price so it should be encouraged.

[efxtrader]

It is difficult to answer for sure here. Perhaps the government has its own plans for cryptocurrency, perhaps they understand that it is necessary for people, and perhaps they simply do not know how to influence it. In any case, it is unlikely that we can do anything and can just wait for active actions on the part of the government in relation to bitcoin.

I think bitcoin still continue in market because government can not stop it. With decentralized system, government can not touch bitcoin, the transaction data spread all around the world and there is no Bitcoin CEO. I think thats why government law can not apply to bitcoin

[otong]

for me, bitcoin is a world asset that must be developed from now on because the current technological needs, especially finance, are widely used using bitcoin and my advice and my input is just that

[imstillthebest]

Why not ? Why the hell do you think that bitcoin should be discontinued ? It does not harm people , it isnt illegal ( few exeption maybe )  ,  most importantly it gives income and can improve the way you live .

Bitcoin on some stricker countries are now postponed temporarily but not discontinued forever  .   their governments might be fixing some laws in other to make btc fully legal  .  


 

I dont think bitcoin is a trap, people investing their money in bitcoin because investor believe in digital world

And where did  you get this idea that bitcoin is a trap ?  Of course it isnt .  if its a trap then it shouldnt have existed for over 9 years   .   only haters will say bad stuffs to bitcoin because they dont understand the way it works  .  people invest in btc not because they believe in a digital world but because they want to earn a huge income.

[Purvik]

Why not? I found happiness in Bitcoin and more than that, the time I entered the crypto currency community and make use Bitcoin as my crypto currency, it makes a lot of better changes in my life. So allowing Bitcoin to keep going and running as it is makes me glad to here and to be looking forward in the future.

[Sadlife]

The answer is simple because bitcoin is a decentralized currency meaning no one or no individual owns it, no single entity controls it. That's why despite all the regulations of countries and black proganda from bankers regarding bitcoin they can't shut it down because it's not a organization or a company but a group of individuals.

[SistaFista]

But some countries are not allowing their peoples to using bitcoin, not all countries allow it.
I think it is not about whether bitcoin allowed or not. Because allowed or not allowed, you still can using bitcoin without being allowed.
Bitcoin have decentralized database around the world, so we can using it although the government prohibit it.

[Nanda Dewi277]

But some countries are not allowing their peoples to using bitcoin, not all countries allow it.
I think it is not about whether bitcoin allowed or not. Because allowed or not allowed, you still can using bitcoin without being allowed.
Bitcoin have decentralized database around the world, so we can using it although the government prohibit it.

I think the benefits of Bitcoin are so large that it's still allowed to continue. the benefits of bitcoin that can help people in transactions and bitcoin can also be used as a place of investment. Bitcoin has also been popular and many people understand Bitcoin.

[OnceTwiceThird]

Bitcoin always give profitable for all investors who know when the best time for buying or selling, its why many company and bank keep continue for allowing bitcoin as transaction or investment.

[iqlimasyadiqa]

But some countries are not allowing their peoples to using bitcoin, not all countries allow it.
I think it is not about whether bitcoin allowed or not. Because allowed or not allowed, you still can using bitcoin without being allowed.
Bitcoin have decentralized database around the world, so we can using it although the government prohibit it.

I think the benefits of Bitcoin are so large that it's still allowed to continue. the benefits of bitcoin that can help people in transactions and bitcoin can also be used as a place of investment. Bitcoin has also been popular and many people understand Bitcoin.

many people have understood the function and usefulness of bitcoin very well. most people in the current era want something flexible. bitcoin and altcoin are an answer to the financial system. besides that bitcoin can be used easily, bitcoin is a system that is run by using the internet so that anyone can access easily. even though there are countries that forbid it, bitcoin can still be used, many ways and I'm sure all people who have internet access in the world can access bitcon too.

[ancafe]

But some countries are not allowing their peoples to using bitcoin, not all countries allow it.
I think it is not about whether bitcoin allowed or not. Because allowed or not allowed, you still can using bitcoin without being allowed.
Bitcoin have decentralized database around the world, so we can using it although the government prohibit it.

well, some people make strict rules with bitcoin, however, I think that is because the risk of bitcoin is quite large. however, there are still many people who use bitcoin, even those who ban it still use it. I don't think that's the kind of prohibition that makes people really unable to use it, but it's a notification that this is really risky.