Who can destroy Bitcoin?

[Abiky]

If like you say, internet access is shut down worldwide (which would never happen). How then would the new coin emerge, where would it run on? This is a situation that we'd never experience.

Governments can shut down the existing Internet, and "reset" it. As a result, a new Internet will be created that's under tight control of the government. Instead of the public Internet, it would be more of a private Internet. Only those authorized to access the new Internet, would be able to use the new coin alongside with it. At least, that's how I see it. But considering that most governments can't reach a common agreement, doing such a thing would be practically impossible.

I'm sure Bitcoin will last forever. Only those living in the 2100s will be able to tell. That's when the very last BTC will be mined. I'd buy, "hodl", and forget about the rest.

[MusaMohamed]

Governments can shut down the existing Internet, and "reset" it. As a result, a new Internet will be created that's under tight control of the government. Instead of the public Internet, it would be more of a private Internet. Only those authorized to access the new Internet, would be able to use the new coin alongside with it. At least, that's how I see it. But considering that most governments can't reach a common agreement, doing such a thing would be practically impossible.

Governments can try to do their 'jobs' but citizens will figure out ways of fighting for their freedom and it was motivation for Satoshi Nakamoto to create Bitcoin blockchain years ago in 2009. Governments will always be later than citizens in technological developments, they always response to citizens' technological developments so they will never be able to win in this race.

Traditional Internet was shut down, there is Satellite Internet.
If people can not use Bitcoin blockchain like now with Internet, they can make offgrid transactions.
[Total privacy Bitcoin]: off grid Transactions LoRaWan/goTenna

I'm sure Bitcoin will last forever. Only those living in the 2100s will be able to tell. That's when the very last BTC will be mined. I'd buy, "hodl", and forget about the rest.

I believe similarly like you.

[Pi-network314159]

Well in as much as I know about Bitcoin, I don't think there is anything that can destroy Bitcoin, bitcoin will never cease to exist since it run on Blockchain and it's decentralized which mean it is not controlled by a person or group of people, but controlled by the node. This node represent the people in the network. This make it impossible to be destroyed. The only way Bitcoin can be destroyed is if Satoshi nakamoto decide to do so. And I don't see that happening. So far Bitcoin is pegged to have monetary value, it can neibe distroyed because even if the creator decided to distroy it today, he will be affected the most because he has over a million Bitcoin according to speculation which will result to over some billion of dollars. So I don't see Bitcoin being destroyed for any reason. Even if the price fall to zero, it can never still die because there will definitely be demand and supply except there are no demand and supply that Bitcoin will die forever.

[Zanab247]

Privacy control is becoming one issue that governments are giving much attention to and I share thesame sentiments with you, government is trying to use KYC to totally kill the reason behind Bitcoin. Government wants control of Bitcoin this has been their aim and making KYC compulsory in exchanges is part of the plan to take away freedom from individuals who believes in Bitcoin. But I definitely know that at the end of the day all the plans of government concerning Bitcoin will fail because Bitcoin were not programmed to fail.

It will be hard for government to control BTC price, because it will make many people to give up on BTC base on some police government will add which it will make many institution and citizens to find other coins to save their money. Government will do things to make it lose value to make people stay away from BTC which is another way to destroy BTC.We know those three person can destroy BTC if they want, governmens, Satoshi the founder of BTC and Bitcoiners which are the people in a position to destroy BTC but they will not going to do it , because it will going to affect so many things in the future.

Once the whole governments instruct people not to use BTC, I guess that is the best way to destroy BTC, but governments is benefiting from BTC through their citizens that is making using of BTC,I don't think government will sign such law into enforcement, because they know what it will cause to the government economy.

[Johnlomape]

If like you say, internet access is shut down worldwide (which would never happen). How then would the new coin emerge, where would it run on? This is a situation that we'd never experience.

Governments can shut down the existing Internet, and "reset" it. As a result, a new Internet will be created that's under tight control of the government. Instead of the public Internet, it would be more of a private Internet. Only those authorized to access the new Internet, would be able to use the new coin alongside with it. At least, that's how I see it. But considering that most governments can't reach a common agreement, doing such a thing would be practically impossible.

I'm sure Bitcoin will last forever. Only those living in the 2100s will be able to tell. That's when the very last BTC will be mined. I'd buy, "hodl", and forget about the rest.

Something like this happened in Iran where the locals could not have access to the internet for several days because the government shutdown it down.
The government have the power to protect the citizens if any need arise but shutting down the internal means a lot and this can not be done due to the effort to prevent cryptocurrency usage, and I think does not worth it. If the government shutdown the internet in a region, other regions can have access to trade their Bitcoin and people can also leave the region where they can not carry out transaction to place where they can send out or buy Bitcoin.

[retreat]

If you imagine that Satoshi would return and destroy Bitcoin just because it doesn't match his expectations, that's pretty ridiculous. His decision to hand Bitcoin over entirely to the community demonstrates that he's leaving Bitcoin to be developed collectively, and to thrive without its creator. Moreover, Bitcoin is what he developed from the beginning, and I don't think he would be so foolish as to destroy it after spending so much time developing it and creating scenarios for how it could thrive. So let's just think logically, and avoid making assumptions.

[Satofan44]

No one is capable to destroy bitcoin, not even Satoshi or the government itself. And what's the purpose of destroying bitcoin in the first place? It is made to be adopted and become a tool for people's progress and productivity, not to destroy in the long run.

Such a dumb and useless generic shitpost. There are various ways in which Bitcoin can be killed and there are various entities that would profit from its death in many different ways. Your brain is more empty than vacuum space.

It's like torrent, not even the creator of torrent able to stop it because it's decentralized to its core.

It is nothing like that. Generic comparison, the creator of cars is unable to destroy the concept of cars. You're a real genius.

The only thing that is able to destroy bitcoin completely is apocalypse or if suddenly electricity and internet gone from this world which isn't likely.

A sudden but temporary loss of worldwide electricity and internet would not kill Bitcoin, only a very long or permanent one would. However, in that case this topic is completely pointless. You will be fighting everyone else in a desperate attempt to survive, Bitcoin will not be a relevant topic in such a scenario.

The data that has been stored over the years is stored using blockchain technology which is decentralized.

No, it is not. Blockchains are not decentralized in themselves, they can take any form.

Is Bitcoin's credibility really based on Satoshi's stash of 1M coins? What has helped Bitcoin to be successful and adopted by world leaders and banks? Was it Satoshi's stash? I didn't buy Bitcoin because he is holding all those coins. But I might sell some, especially the alts, if he ever decides to sell, because I would like to save some value of the funds I have left rather than losing it all to the market.

You just questioned whether Bitcoin's credibility is tied to Satoshi's stash, and then right afterwards you proclaim that your own view of Bitcoin's credibility is tied to the stash. What kind of dumb shit is this? If you believe that everything will be lost in that scenario, then you have never understood or believed in Bitcoin. You are merely here to shitpost and farm money as a parasite and will jump on the next thing when it becomes available.

If like you say, internet access is shut down worldwide (which would never happen). How then would the new coin emerge, where would it run on? This is a situation that we'd never experience.

It is clear from the technological side of how Bitcoin would operate in a network-restricted environment. Such a situation would not kill Bitcoin. Eventually the internet would be restored or relay points would connect to each other, and the chain with the most consensus-abiding proof of work would be picked as the winner and Bitcoin would continue to operate as normal. Get back to the basics. Bitcoin does not need the internet to generate coin or to actually work, it can work without the internet even if it is going to be extremely limited compared to what it is now.

[DDB4U]

What do you mean by destroy do you mean DDOS the actual website or contacting the bitcoin headquarters and obligate with them about work

[Smartvirus]

If like you say, internet access is shut down worldwide (which would never happen). How then would the new coin emerge, where would it run on? This is a situation that we'd never experience.

Governments can shut down the existing Internet, and "reset" it. As a result, a new Internet will be created that's under tight control of the government. Instead of the public Internet, it would be more of a private Internet. Only those authorized to access the new Internet, would be able to use the new coin alongside with it.

The world cannot be looking like North Korea over again, we can’t have a Kim ruling over all the nations, that’s even putting more at stake than we would have with the existence of Bitcoin.
The idea of shutting down the internet even for a minute is something I’ve never entertained and I feel can never seem to happen. There are a lot of systems that is dependent on the internet of whose value far surpasses what we have with Bitcoin accumulative and that can’t be risked to experiment what shutting down the internet could do with Bitcoin. I call it an experiment because, you never can tell ways in which Bitcoin could find its way for a continued existence.

[Byebyebtc]

I personally think that Bitcoin has gone too far that even Satoshi him self will not be able to destroy the coin, even when countries ban it, eg, China the coin is still and will still function well,
Thousands of developers maintain Bitcoin and make sure problems are fixed, so I do not really think any one can end Bitcoin at this point right now.

The only thing that can end Bitcoin is loss of belief, lack of engagement etc. people losses belief no demand and Bitcoin becomes useless.

[Catenaccio]

I personally think that Bitcoin has gone too far that even Satoshi him self will not be able to destroy the coin, even when countries ban it, eg, China the coin is still and will still function well,
Thousands of developers maintain Bitcoin and make sure problems are fixed, so I do not really think any one can end Bitcoin at this point right now.

The only thing that can end Bitcoin is loss of belief, lack of engagement etc. people losses belief no demand and Bitcoin becomes useless.

They just all were not able to destroy Bitcoin in early years and they are all unable to destroy Bitcoin now, as well as they will be not able to do that in the future.

It's not because Bitcoin was younger or older since Bitcoin Genesis Block with time, Bitcoin is unable to be destroyed by any person, any government, any entity because it was programmed and created, then operated as a decentralized blockchain from technical development, upgrades to operations of the blockchain.

Satoshi Nakamoto can not do that, no other Cypherpunks can do that, and no governments can do that too.

[bitterguy28]

If like you say, internet access is shut down worldwide (which would never happen). How then would the new coin emerge, where would it run on? This is a situation that we'd never experience.

Governments can shut down the existing Internet, and "reset" it. As a result, a new Internet will be created that's under tight control of the government. Instead of the public Internet, it would be more of a private Internet. Only those authorized to access the new Internet, would be able to use the new coin alongside with it. At least, that's how I see it. But considering that most governments can't reach a common agreement, doing such a thing would be practically impossible.

im sure it will even be a debate whose technology or system to use but also i know that many would still have access to the “old” internet this is how vpns exist. restrictions can be broken.

[CryptoYar]

[...]

Plan to close internet to stop use of Bitcoin is not possible considering that world has become always linked nervous system that cannot live without it. Going offline with world would put important systems such as power grids, GPS and SWIFT banking systems out of work and world income would lose more than 50 billion dollars per day, much greater cost than Bitcoin itself.

And your feeling about strength of Bitcoin is right, as it has become a digital living thing, which could keep its work without standard web providers. Threat of North Korea style complete darkness is, as I see it, fake threat since it needs internet to collect taxes and to stay in power. They are not going to burn their own home to catch Bitcoin spider.

[Satofan44]

The world cannot be looking like North Korea over again, we can’t have a Kim ruling over all the nations, that’s even putting more at stake than we would have with the existence of Bitcoin.

Never say never to these things, because this is how you get tricked into complacency while the infrastructures and systems needed to turn the world in a 1984 slavery are being built. Actually, we are not far from a 1984-style situation with perhaps less direct and individual violence.

The idea of shutting down the internet even for a minute is something I’ve never entertained and I feel can never seem to happen. There are a lot of systems that is dependent on the internet of whose value far surpasses what we have with Bitcoin accumulative and that can’t be risked to experiment what shutting down the internet could do with Bitcoin. I call it an experiment because, you never can tell ways in which Bitcoin could find its way for a continued existence.

Of course it can happen. Many countries have the capability to turn down access to external internet, and many more are building this capacity. Furthermore, this can be accomplished with terrorists and technological methods too. This is actually one of the reasons that now countries are opting to develop their own solutions rather than rely on global providers, because once the country is primarily running its own software and services a cut off from the worldwide internet is not going to be as disruptive as you think. As they keep reducing the cost of doing something like that, the chances that we will witness this continue to increase.

I personally think that Bitcoin has gone too far that even Satoshi him self will not be able to destroy the coin, even when countries ban it, eg, China the coin is still and will still function well,

No, you are focused on general and vague statements that probably relate to the marketcap. Those do not determine whether something can be destroyed by someone or whether it can be destroyed at all.

Thousands of developers maintain Bitcoin and make sure problems are fixed, so I do not really think any one can end Bitcoin at this point right now.

The number of developers can in no way provide any guarantees about anything, that is not how technology works. Windows is being developed by a lot more engineers than Bitcoin, and it is complete garbage full of bugs and security holes.

The only thing that can end Bitcoin is loss of belief, lack of engagement etc. people losses belief no demand and Bitcoin becomes useless.

Bitcoin is not about belief. If you do not find demand for Bitcoin yourself, that does not change the fact that Bitcoin will always have utility and thus is never able to become useless. It is more a you issue in that case.

[silpersurfer]

Many have already tried and many have already claimed Bitcoin was going to be destroyed at some moment, but it has never happened for real.

Then the question arises, who have the ability to destroy Bitcoin? Ironically, the answer may be only the person who created it: Satoshi.

It's curious to think about the scenario where the creation goes too far away from the initial purposes of the creator, so he ends deciding to nuke this.

And how can this thought be understood and applied to reality? Of course Bitcoin won't cease existing, but as things go more and more centralized each new day, empowering and giving control to the groups who have been ruling this world since always, Satoshi can compromise Bitcoin's credibility, by for an example, dumping all his coins on the market at once.

Even if Satoshi sells his bitcoin using the current bitcoin system it will not destroy bitcoin, it will only destroy the price because the supply in the market will increase and people will also panic because they are selling, but overall the bitcoin system will not be destroyed as long as the miners or supporters of running bitcoin nodes are still active, the system and the idea of ​​bitcoin will remain alive.
If Bitcoin miners were controlled by someone/1 group it could create a centralized system and eliminate decentralization, but that is impossible.