Won't governments try to kill Bitcoin?

[enhu]

I haven't thought that far though. 51% would be thier best option.

[flavid]

 - They successfully killed off Tesla's free electricity Tower -- and any other free energy sources after that.
 - They failed to kill off the internet
 - They failed to kill off Bitcoin

Things are looking good.

I have a theory that some forces out there are preventing the elites from doing everything they want.

They assassinated Lincoln when he tried to make his own currency (Greenbacks)
They assassinated JFK when he tried to make his own currency (United States Note)
They assassinated SAdam Husein when he tried to convert Petro-dollar (into Euros)
They assassinated Gadafi when he tried to make his own currency (Gold Dinar)
They assassinated Mubarak when he tried to join Gadafi
They assassinated Hugo Chavez when Venezuela dared to sell their oil to China for the Yuan (not petro-dollar)


They are assassinating evry threat to the almighty Dollar.
But them scratching their heads, having no idea how to kill off Bitcoin is a GREAT sign.


Long Live bitcoin!

[djnocide]

- They successfully killed off Tesla's free electricity Tower -- and any other free energy sources after that.
 - They failed to kill off the internet
 - They failed to kill off Bitcoin

Things are looking good.

I have a theory that some forces out there are preventing the elites from doing everything they want.

They assassinated Lincoln when he tried to make his own currency (Greenbacks)
They assassinated JFK when he tried to make his own currency (United States Note)
They assassinated SAdam Husein when he tried to convert Petro-dollar (into Euros)
They assassinated Gadafi when he tried to make his own currency (Gold Dinar)
They assassinated Mubarak when he tried to join Gadafi
They assassinated Hugo Chavez when Venezuela dared to sell their oil to China for the Yuan (not petro-dollar)


They are assassinating evry threat to the almighty Dollar.
But them scratching their heads, having no idea how to kill off Bitcoin is a GREAT sign.


Long Live bitcoin!

It's hard to kill something so wide-spread. when it's just one entity, it's easier. The best way to kill it would be to but enough restriction on its use, that people don't want to use it.

[Gronthaing]

Governments aren't monolithic things. There are always competing interests there and in society as a whole. Sure, as much as possible they will try to keep it under control so that it's not a threat to them, on the one hand. On the other, other interests will be looking to take advantage of Bitcoin for their own gains.

A bit off-topic, but what do you guys think about Ecuador's decision to adopt a cryptocurrency?

[fulgurite]

Department of love - the military
Department of truth - main stream media
Department of abundance - the fed

as far as i see, gov won't kill bitcoin, at least not now
because it really has monetary attribute, just like paper dollars.
and it attracts people's attention, people do like it

[Billbags]

Government wont kill bitcoin. I'm sure they will regulate it by not allowing us to control the private keys. Bankers will operate a Federal "Mycelium" type wallet system that we can use but the private keys will be kept where the government has ultimate control over them.

[digitalindustry]

Remember they arent a 100% evil controlling group who consciously try and screw us over in every single situation although this does happen very often.  They have a decent level of control and elites use them as a very effective tool to manipulate us.

Elites have the power and they have almost unlimited funds to invest in new things, i cant believe they are totally anti new things.
 

Illuminati confirmed.  

In all seriousness you are right.  Governments did not try to kill radio, TV or the internet.  It is likely they will do the best to regulate it, rather than kill it. Besides, if they wanted to kill it they would have done so a long time ago

ha ha -:

1. first off "government" + "The West" = Corporations that purchased some politicians.

2. Lol TV Radio, they created this , you are obviously younger than 30 year  of age.

3. The "internet" was seen as a "threat" around the mid 90's after that the "dot com" bust occurred and out of that came the NSA ahhh i mean Google and a few big players.


but you are correct - Governments are not negative towards things, its just about finding an actual independent government,  Ecuador seems to fit the bill so far.

obviously the "BRICS" and SCO have various degrees of "independent" governments.
 

[djnocide]

The best way to control a population is to keep them in the dark and take away their knowledge. If they can't see and they don't know, they can' question you actions or your speech.

[Blinken]

You Think ?

[bornil267645]

As long as, there are fools to fight for Bitcoin. It will be invincible.

[Beliathon]

Forgive me for quoting myself, but I hit the nail on the head with this post:

Unfortunately the greed that controls the legacy banking system with their printed legal tender cronies will have a whole lot to say about this

They [governments] will indeed have a great deal to say. But for the first time in history they can't say it while pointing a gun at the competition.

And with each passing day the world will listen to them less and less. With each new financial crisis the world will get sicker and sicker of hearing their lies.

With each new violent act the world will tire more and more of supporting their blood money. The banksters' days are numbered friends, believe me.

This is the end for them. A total paradigm shift. This is the beginning for the rest of us. Take heart, brothers and sisters.



We are the future, and they are the past.

[keithers]

I don't think that governments will come out and directly admit that they are going to try and kill BTC, they will use the media to make BTC look bad, and then they will act like they are doing their people a favor by regulating it to death.

[keithers]

You Think ?

Who is this?  Is this Nicholas Cage?

[moriartybitcoin]

They won't kill it - they will regulate and control it.  They will also try to manipulate the price (as they do with gold) to keep the value of Bitcoin 'under control'

[moriartybitcoin]

- They successfully killed off Tesla's free electricity Tower -- and any other free energy sources after that.
 - They failed to kill off the internet
 - They failed to kill off Bitcoin

Things are looking good.

I have a theory that some forces out there are preventing the elites from doing everything they want.

They assassinated Lincoln when he tried to make his own currency (Greenbacks)
They assassinated JFK when he tried to make his own currency (United States Note)
They assassinated SAdam Husein when he tried to convert Petro-dollar (into Euros)
They assassinated Gadafi when he tried to make his own currency (Gold Dinar)
They assassinated Mubarak when he tried to join Gadafi
They assassinated Hugo Chavez when Venezuela dared to sell their oil to China for the Yuan (not petro-dollar)


They are assassinating evry threat to the almighty Dollar.
But them scratching their heads, having no idea how to kill off Bitcoin is a GREAT sign.


Long Live bitcoin!

Agreed on all this but it is very easy for the US government to control/regulate Bitcoin without needing to kill it off. It might even prove useful for them - after all, the CIA/NSA always needs an untraceable source of funding for black ops, and Bitcoin could provide that.

They WILL try to manipulate the price, which is easy to do simply by buying/selling in large quantities.

They MIGHT position themselves for a 51% attack should Bitcoin ever become a real threat to the dollar, which at the moment, it is not ...

[Beliathon]

Who is this?  Is this Nicholas Cage?

That is a drawing of a picture that resembles Nick Cage, yes.

[dankkk]

Government wont kill bitcoin. I'm sure they will regulate it by not allowing us to control the private keys. Bankers will operate a Federal "Mycelium" type wallet system that we can use but the private keys will be kept where the government has ultimate control over them.

It is not possible for the government to prevent us from controlling our private keys. All a private key is a very large string of numbers saved, usually in encrypted form. This would be very simiilar to saying the government would restrict what we are able to think about.

[bitc0in]

I don't believe in fantasies,If bitcoin is created and probably theres a way it could be killed.In the sense that not fully close down the network but regulate some serious boundries to it's usage.We need not worry about the bitcoin kill but if the government wants the price may again fall down back to 2011 perhaps

[gamblethis]

This has been talked before, no way to effectively kill bitcoin, calm down.

If the internet or electricity is down so is bitcoin.

And so is the dollar.

[justusranvier]

Yes, government will try to kill Bitcoin.

That's how we'll know Bitcoin is worthwhile and effective.