Why has not any government stopped Bitcoin?

[malevolent]

Bitcoin still not become competitor for government and there are not their people have made a loss by bitcoin and why government still legal using bitcoin only for investing assets, when bitcoin have make something terrible in one country I think government brave for banned using bitcoin as investing but if bitcoin keep giving positive side maybe government will make bitcoin become legal currency payment.

If it becomes big enough to become a competitor to a major government's fiat currencies, then it will already be too late to 'ban' it.

[The Cryptovator]

You should know your answer as well if you know what is Bitcoin and how it works. Since Bitcoin is a decentralized currency so it's not hand of any central government to ban it totally. Government only able to block some website about crypto related, but even they do it people will start using VPN. So that's the reason even major countries against bitcoin but they are not able to ban it. They could implement rules against bitcoin users, but it's quite complicated to find them on real life.

Governments should welcome instead of ban so users will not use it on black markets.

[Ryker1]

[snip]
Governments should welcome instead of ban so users will not use it on black markets.

Well, that sounds good if the government doesn't ban bitcoin all over the world and unite each other with the same motive in adopting Bitcoin. But there are some countries who hate Bitcoin because they think that it will harm the financial global economy including the banking system. BUT, in fact, bitcoin has no threat to the economy only the government is afraid. Indeed, we have nothing to do with this, because each country has its own jurisdiction and we should obey as a good citizen.

[suvo05]

At the beginning the just overlook the  BTC, they underestimated the power of it. And there are some GOV, who had no idea what bitcoin is until BTC reached 15k$+. All of them were very late to react. Now BTC became the major part of the Global economy if some GOV ban it now then their citizens, owning BTC have to face huge loss, hence the economy of the country will get affected.

[MuffinMaster]

Governments have done all necessary step they can to ban usage of crypto in there respective areas. Some countries like china have banned crypto exchanges, some have issued advisories. They cant totally stop it because its not in there reach to stop it. Anybody can trade crypto anonymously, a strength that always terrifies the law enforcement agencies.

[hv_]

Single gov tried.

Only if US China and EU act together...

See what happened to similar projects like Liberty Reserve...

> stay clean or a lot will pay for

[Spider A4]

Governments have done enough to dissuade common people from using Bitcoin extensively. Being charged with operating unlicensed money changing businesses is a possibility if you engage in cash-bitcoin conversion.

Many government continues try to stopped Bitcoin but they can not it because it's a decentralized platform so that government unable to shut down.
Personally i knew that in my country making a law to warn all of the people's for not using cryptocurrency.

Any government can't control Bitcoin so how can be stopped Bitcoin.They able to announced illegal and who use it under the law will be able to punish them.

[jessyj48]

If bitcoin can be stopped it would have stopped years ago when thing were very hard then, now that Bitcoin have overcome many hardship its now impossible to stop, secondly its not a centralized coin that can be control by the government or powerful people

[hv_]

If bitcoin can be stopped it would have stopped years ago when thing were very hard then, now that Bitcoin have overcome many hardship its now impossible to stop, secondly its not a centralized coin that can be control by the government or powerful people

Nope.

Bitcoin was / is too small and they got hold on some of the crimes like silk road . If devs / miners go the dark road they ll stop it imo

[oleg8791]

The answer is evident. Bitcoin is decentralized system. It was designed to be unstoppable. 

[tabas]

The answer is evident. Bitcoin is decentralized system. It was designed to be unstoppable. 

Yes, they can regulate transactions incoming to their jurisdictions but there's no way for them to stop it. Bitcoin is an unstoppable train and even some countries already expressed their ban to it, others might want to follow those steps or not because it isn't enough to stop it.

[sovie]

The answer is evident. Bitcoin is decentralized system. It was designed to be unstoppable. 

Governments have taken all steps they can to stop cryptocurrency use from spreading. Its because of this decentralized nature they were not able to completely stop its use. This is where we see power of spreading the control to multiple entities, the system become robust and censorship free.

[hv_]

The answer is evident. Bitcoin is decentralized system. It was designed to be unstoppable. 

Governments have taken all steps they can to stop cryptocurrency use from spreading.  ...

Nope - surlely not. They havn't even started.

Check out last game was against Liberty Reserve - who won ?

[Linkkoin]

[snip]
Governments should welcome instead of ban so users will not use it on black markets.

Well, that sounds good if the government doesn't ban bitcoin all over the world and unite each other with the same motive in adopting Bitcoin. But there are some countries who hate Bitcoin because they think that it will harm the financial global economy including the banking system. BUT, in fact, bitcoin has no threat to the economy only the government is afraid. Indeed, we have nothing to do with this, because each country has its own jurisdiction and we should obey as a good citizen.

The point is that with BTC you can send money wherever you want if you have a correct wallet address, and this includes countries where they do not want your money to be sent to (like North Korea/Iran or specific individuals being on the bank wire transfer ban under UN security council decisions). It requires more effort to track it. and as well you can make OTC transaction for huge amounts, what potentially could mean you are hiding from taxes.

[malevolent]

Nope - surlely not. They havn't even started.

Check out last game was against Liberty Reserve - who won ?

Liberty Reserve was centralized company, of course it wasn't difficult to shut them down. There is no need for an explicit Bitcoin ban to cause harm, various AML/KYC regulations are enough if they make it difficult to exchange fiat money for Bitcoin or vice versa.

[hv_]

Nope - surlely not. They havn't even started.

Check out last game was against Liberty Reserve - who won ?

Liberty Reserve was centralized company, of course it wasn't difficult to shut them down. There is no need for an explicit Bitcoin ban to cause harm, various AML/KYC regulations are enough if they make it difficult to exchange fiat money for Bitcoin or vice versa.

The more devs and ppl try to make Bitcoin more ano, anarcho and crime finance, exchanges runaway, ....

The more we can expect govs will collaborate, exactly what happened with Liberty Reserve, no matter how many exchanges / fiat banks / miners are here

[Baoo]

Well, it is true that many governments are trying so hard in order to break Bitcoin through many ways like, banning Bitcoin in their countries and spreading some fake news, controlling the media  ..ect but they always fail to achieve this ambition due to blockchain technology is so secure and  the community of Bitcoin are spreading in the entire world ( Together stronger ) .

In fact,  we all know that Bitcoin has a better properties or characteristics than FIAT like, Euro, Dollars, Yen.. ect, the most important are the transaction speed , the low value of fees, the security of the wallet ..ect.
So it is so difficult to stop this new era I would think,  and the governments should accept these facts to be honest.

[imstillthebest]

Well, it is true that many governments are trying so hard in order to break Bitcoin through many ways like, banning Bitcoin in their countries and spreading some fake news, controlling the media  ..ect but they always fail to achieve this ambition due to blockchain technology is so secure and  the community of Bitcoin are spreading in the entire world ( Together stronger ) .

whats the connection of blockchain that is secure to the banning of government ? 

but the strong community yes it helps counter the banning because people are working together to file an appeal or to convince the government that bans crypto.   but you should not put the blame all on the government because there are people behind the fake news  , controling the media and others that  you describe above .

[smyslov]

It is the latest Technology so, Stopping Technology means Going back to the Stone Age. If They close the internet forever then they will be able to stop it.
They Can't Do it,You better know why.

Yes that's true if they have a jurisdiction, they can do that, but this is internet based with no office or central figure to target, so they are left with nothing but to target their own people, some countries are successful in doing that, but this is an evolving technology, they can ban today but for how long, administration and government changes but this technology will go on.

[TIDOVEE]

It's just like many of this government are threatened by bitcoin, and many do not know how it actually operates because in my country they have not been able to criticize it since it is not exhibiting any sign of internet fraudulence, once they notice any scan noise around bitcoin, they will do everything to go against it. The government can only tackle bitcoin in their domain and not all over the world, though I imagine how possible it is for all the government involved to come together and decide to stop it. That will be a power above decentralization.