No One Can Shut Down Bitcoin

[jesselui]

They cannot finish Bitcoin, but they can lower the price of bitcoin by manipulation. This must be prevented. People should now understand that they shouldn't be buying and selling things based on someone's tweet.

[1714932232]

1714932232

[1714932232]

1714932232

[1714932232]

1714932232

[Expecto]

People should already be aware of this before doing anything in this market. Bitcoin is just unstoppable. Governments can have it their way and ban or regulate it. But it won't cause Bitcoin to stop completely.

[Mr.sprin]

no one can control bitcoin a lot of news saying bitcoin will disappear or kill bitcoin but until now bitcoin still exists and more and more people are interested in bitcoin investment so shutting down bitcoin is an old story I'm sick of reading.

[jesselui]

If you can't control your will and sell your coins where necessary and don't get your money. You will be very sorry. If bear season comes, you'll have to wait years to earn those coins again.

[Bitcoin-Eco]

Bitcoin cannot be shutdown as long as 2-3 nodes are online it will survive. The question is will Bitcoin destroy itself? Will people always prefer Bitcoin?

[Bilgent]

Really nobody or no government can finish Bitcoin off. There is only one way actually that is cutting the whole internet.    But this is impossible of course. So there is no need to make an effort to destroy Bitcoin. The best thing to do is regulating it I think.

[ropyu1978]

bitcoin is very clear can not be turned off, as long as there are still many people buying and selling bitcoin, and the market is still operating, bitcoin must be difficult to turn off, even though many countries have started to ban bitcoin, for various reasons, such as iran, china, russia, iran, vietnam, turkey and nigeria, I'm sure bitcoin will be safe, because they have banned it for a long time, the proof is bitcoin is fine..

[d_fitrie]

bitcoin is very clear can not be turned off, as long as there are still many people buying and selling bitcoin, and the market is still operating, bitcoin must be difficult to turn off, even though many countries have started to ban bitcoin, for various reasons, such as iran, china, russia, iran, vietnam, turkey and nigeria, I'm sure bitcoin will be safe, because they have banned it for a long time, the proof is bitcoin is fine..

I agree, even though many countries have banned bitcoin, but bitcoin is still there today, even large investors are increasingly interested in investing in bitcoin, but what I'm worried about is that if the internet goes away, will bitcoin still exist?

[Shasha80]

Nowadays, the internet plays an important role in human life, almost everyone now really needs the internet. And Bitcoin can be accessed if there is
an internet network, meaning that the only way I know of to make Bitcoin shut down is by disconnecting the internet. Which can cause the economy
to crash, because almost all financial transactions have started to be done online. Bitcoin really can't be controlled and shut down,  also Bitcoin has
spread to all economic classes. Which both rich people and poor people can own Bitcoin easily right now.

Thinking on how to shut down bitcoin then having no internet connection is the most effective way to make it successful but on the other hand it is so impossible the world without internet connection because internet connection is now one of the major essential of every nation not just to established connection in every nation but most importantly to make the economy run. Knowing that maybe the lost of the internet connection could be the possible way to shut down bitcoin I am thinking that is there possible that we could still make an interaction in bitcoin or in crypto space offline?

It seems impossible to realize Bitcoin or crypto transactions offline, even I can't imagine how this can be done. Because all this time I know Bitcoin
in the online world, so the conclusion for me is that without internet Bitcoin will die, because people prefer to refocus on using fiat if there is
no internet connection. Therefore, in almost all countries now the internet is indeed a mandatory requirement, such as eating. So in other words
it is impossible for the internet to be turned off to be able to make Bitcoin die,  because surely the effects of the internet shutdown can be
very dangerous for the economy.

[Tristan Bieber]

Crack the hash algorithm or get 51% of the world's computing power or everyone in the world loses faith in Bitcoin
The above three respectively represent technology, strength, and spirit.
However, it is impossible with the current human ability. On the contrary, Bitcoin may destroy the current monetary system.

[Tarin Hart]

Bitcoin does not rely on third-party institutions and is decentralized.

Without central organization, this means that even if some nodes are closed, the development of bitcoin will not be fundamentally affected.

Individuals or individual countries can't ban it. They can only limit the development speed of bitcoin

[Bitcoin-Eco]

Don't worry about anything "Shutting Down" bitcoin. If Bitcoin shuts down it will be of it's own doing "mining"

[liao chandra]

Maybe some countries can shut down bitcoin, but to kill bitcoin it is impossible. Bitcoin is decentralized, that's why no person or country can kill bitcoin. So I don't think we need to think about people or countries that don't support bitcoin.

[yohananaomi]

Maybe some countries can shut down bitcoin, but to kill bitcoin it is impossible. Bitcoin is decentralized, that's why no person or country can kill bitcoin. So I don't think we need to think about people or countries that don't support bitcoin.

even though there is a prohibition by the state because of the uncontrollable nature of bitcoin and it is clear that individuals can still do it with access points from other countries. As technology advances, everything can be done if there is an intention to do it.

Obviously I agree that bitcoin can be banned but no country will be able to turn off transactions against bitcoin because they are clearly not decentralized which will be difficult to do anything with bitcoin. countries may prohibit by rules but bitcoin will continue to run by itself.

[shadow123]

Now its impossible. The main reasons are already many bitcoins bought by leading business companies and their owners. Also the blocking technology is adding to the day today life works. So it is difficult to shutdown now. The wheals are handling the market using Good news and Bad news time to time and no one going to band the BTC.

[MCobian]

bitcoin is very clear can not be turned off, as long as there are still many people buying and selling bitcoin, and the market is still operating, bitcoin must be difficult to turn off, even though many countries have started to ban bitcoin, for various reasons, such as iran, china, russia, iran, vietnam, turkey and nigeria, I'm sure bitcoin will be safe, because they have banned it for a long time, the proof is bitcoin is fine..

I agree, even though many countries have banned bitcoin, but bitcoin is still there today, even large investors are increasingly interested in investing in bitcoin, but what I'm worried about is that if the internet goes away, will bitcoin still exist?

Interesting fact that many people come from countries that have banned Bitcoin, but they can still own Bitcoin. This means that Bitcoin is
very difficult to shut down, and as long as there are people doing Bitcoin transactions, Bitcoin will not die. If the internet didn't exist,
of course Bitcoin could die, but that kind of problem wouldn't happen. Considering the internet has become an important part of human life,
because many activities have been carried out online. Humans are already very dependent on the internet for their lives, so it is impossible to
turn off the internet, which means as long as there is an internet Bitcoin will stay alive.

[hannahB4]

Binance CEO Changpeng “CZ” Zhao said it’s impossible for a single entity to kill bitcoin and its underlying blockchain technology. “I don’t think anyone can shut it down now, given that this technology, this concept, is in 500 million people's heads,” he added. Binance is the biggest cryptocurrency exchange by volume.

Theoretically, this is true, but governments and regulatory bodies can severely restrict access to and redemption of bitcoin. While the network will always be accessible through an internet connection, and Bitcoin will always have value, it is another issue if BTC use and custody are heavily regulated or outlawed due to Governmental fear of losing their monopoly on the money supply.

Your opinion?

I can't agree more on this that no single individual and governing bodies can shut down bitcoin. Bitcoin has come a long way and we have seen many negative rises of bitcoin from governments of some countries here and there. In Nigeria, we witness one recently this year February but this can't stop bitcoin with internet access and miners doing their thing.

[Distinctin]

What you believe is right...
Bitcoin had come from nothing and a very questionable existence but it was a big surprise how the community adopts the system. This will just imply that Bitcoin will continue to grow instead of becoming dead.

We can see that some countries are banning Bitcoin/crypto, however, they are not enough to make it stop. And that is also because they don't have a reason why it should be done.

[perfect999]

Binance CEO Changpeng “CZ” Zhao said it’s impossible for a single entity to kill bitcoin and its underlying blockchain technology. “I don’t think anyone can shut it down now, given that this technology, this concept, is in 500 million people's heads,” he added. Binance is the biggest cryptocurrency exchange by volume.

Theoretically, this is true, but governments and regulatory bodies can severely restrict access to and redemption of bitcoin. While the network will always be accessible through an internet connection, and Bitcoin will always have value, it is another issue if BTC use and custody are heavily regulated or outlawed due to Governmental fear of losing their monopoly on the money supply.

Yup, the guy is right, and this is nothing new. I believe that everyone who has been around here for a long time and has taken time learn about Bitcoin already knows by now it cannot be shut down by anyone, not even the government can shut it down. And moreover, they can’t stop people from making use of bitcoin.

Of course I do understand that they can place restrictions in some ways, but that’s enough to stop the people who have decided to be making use of bitcoin. Since it is a decentralized currency, people are going to make use of peer to peer methods, which is the original form of Bitcoin, to carry out transactions without a single restriction.

[virasog]

Bitcoin does not rely on third-party institutions and is decentralized.

Without central organization, this means that even if some nodes are closed, the development of bitcoin will not be fundamentally affected.

Individuals or individual countries can't ban it. They can only limit the development speed of bitcoin

For this to happen, all the bitcoin nodes needs to be closed which is not possible practically. No one can shutdown the bitcoin. If it was possible, governments would have closed the bitcoin nodes and mining by now, but that is something not possible.