Can the government destroy bitcoin?

[Seeyy]

I'm not sure if the government can destroy bitcoin. Because the circulation of digital currency is not in the shade of the government. According to me, the bitcoin can be destroyed by the government turning off internet access. And that is very very unlikely. Because the internet network will have a wide impact.  it could be that the government's public services will also be paralyzed.

[rizqillah]

Some countries are banning bitcoins, there's a rumor that some country will follow this too. can the government stop bitcoin?
what do you think guys.

No I don't believe  the government  can destroy  the bitcoin.  They can ban bitcoin  But Bitcoin  is the future currency,  Bitcoin  will exist  for several  years again,  maybe about  nine or ten years  again.  I hope the government  accept  bitcoin,  not destroy

[Leny]

I am sure the government cannot destroy or turn off bitcoin. Because bitcoin is decentralized. And also bitcoin is not under the auspices of the government. So Bitcoin lives alone with investors who adopt it.

[Stavr1992]

Bitcoin can be destroyed only by a total ban throughout the world. In other ways, it can not get rid of.

[juv3ntus1]

Yes  is possible but i don't think the goverment will distroy btc,they want only to regulat to collect taxes and not to be used in bad porpuse.

[MrSpasybo]

Look at the way Trump impacts the market with just a few tweets, the BTC price has fallen straight to $10k. If Trump really sets strict rules for cryptocurrencies, the US economy will be closed to BTC and crypto winter will continue indefinitely.

[Alcor]

Bitcoin can be destroyed only by a total ban throughout the world. In other ways, it can not get rid of.

Yes, only if almost all states decide to ban bitcoin and establish criminal liability for its use, only in this case, bitcoin can be put in a position in which many people will be afraid to use it. At the same time, the price of illegal bitcoin should fall very much.
So far, the adoption of such a common decision by states is impossible. They do not see cryptocurrency as a threat to global financial stability.

[mlawson71]

I don't think such a ban is possible though. More countries are embracing cryptos than banning them.

[Blaze]

I don't think such a ban is possible though. More countries are embracing cryptos than banning them.

when your country prohibits using cryptocurrency then you can use a VPN

[AllSii]

The government can prohibit the legal use of bitcoin in the country, but it cannot destroy it. But even in the case of a ban in the country, this will not be able to stop the use of bitcoin, including paying for goods.

[Absolute]

Government way is always suspicious specially when it comes to money related issue. So a rumors might just part of their way to slow down the progress of btc whole they are crawling underneath their fishy motives.

[jakasantosa]

Even though the government intends to destroy bitcoin. But in what way to destroy it ? we all know that bitcoin is not Fiat money that has a shape that can be destroyed.

[Mbah Jenggot]

Some countries are banning bitcoins, there's a rumor that some country will follow this too. can the government stop bitcoin?
what do you think guys.

The government cannot destroy bitcoin, They only can block bitcoin. I think No one can refuse the future technology. We all know at the several countries have blocked bitcoin , But It not affect the bitcoin. at other countries already accepted bitcoin.

[shadowdio]

Maybe if the government of all countries are uniting to destroy bitcoin I think it can, but in reality I guess that will never happen because some countries supporting bitcoin you know.

[Octoalts]

The government has complete power over the rules, and to destroy Bitcoin is of course possible if it will. Bitcoin can grow because of trading activity on Cryptocurrency exchanges, which is the first thing that must be stopped by the government. If there is no trading activity at all, Bitcoin will die.  But sadly, that won't happen!