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Author Topic: Will the governments kill cryptocurrencies  (Read 29010 times)

Offline damsix

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Re: Will the governments kill cryptocurrencies
« Reply #120 on: November 02, 2019, 02:03:47 AM »
To OP : The right question according to the OP is "to what extent will the government kill cryptocurrency?"

Because in my opinion the government will never be able to kill cryptocurrency at any time.
Except, the government can only suspend or prohibit the use of cryptocurrency. IMO
retire and rest in peace

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Re: Will the governments kill cryptocurrencies
« Reply #120 on: November 02, 2019, 02:03:47 AM »

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Offline Coin63@

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Re: Will the governments kill cryptocurrencies
« Reply #121 on: November 02, 2019, 05:12:31 PM »
Some unfriendly countries like my country's government kills cryptocurrency but altcoins and bitcoins favourite countries governments should have taken care of developing bitcoin and altcoins.

Offline Confero

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Re: Will the governments kill cryptocurrencies
« Reply #122 on: November 02, 2019, 11:21:30 PM »
Of course you can, if the government has made a regulation prohibiting Cryptocurrency and imposing severe sanctions on the perpetrators of Cryptocurrency, then over time Cryptocurrency will die in that country.  Although there will still be people who try to survive in various ways so they can still enter into Cryptocurrency.

Offline Altcoin1998$

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Re: Will the governments kill cryptocurrencies
« Reply #123 on: November 03, 2019, 03:02:08 PM »
Not at all. Some bitcoin friendly countries, Japan, Canada, North America, Ireland, Finland, Italy, Germany, France, USA, UK, Indonesia, and Estonia government's always trying to improving bitcoin at their best efforts. But some bitcoin illegal countries governments tries to bann bitcoin.
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Re: Will the governments kill cryptocurrencies
« Reply #124 on: November 03, 2019, 03:08:32 PM »
with technological advances I think the government will support cryptocurrency later, with many considerations and criteria given might be acceptable in one government

Offline moonuranus

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Re: Will the governments kill cryptocurrencies
« Reply #125 on: November 03, 2019, 05:13:40 PM »
I don't think cryptocurrencies can be killed by the governments,
In fact some of the countries just like they said are supporting the cryptocurrency as the new and advanced used payment system.
and they can't also do that internationally maybe in some countries that don't want to support crypto can do.

Offline Delgboke

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Re: Will the governments kill cryptocurrencies
« Reply #126 on: November 04, 2019, 05:52:33 AM »
The government may actually try to kill cryptocurrency from existing but in my own make of things they will not succeede in trying to stop cryptocurrency because killing cryptocurrency is not the best solution, instead they should look for away to boost the cryptocurrency use in the world and also regulate crypto.
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Re: Will the governments kill cryptocurrencies
« Reply #126 on: November 04, 2019, 05:52:33 AM »


Offline trauchot

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Re: Will the governments kill cryptocurrencies
« Reply #127 on: November 04, 2019, 10:23:47 AM »
It’s not profitable for many countries to ban or kill cryptocurrencies, because the use of cryptocurrencies and cryptocurrency technologies brings huge amounts of money to many countries, it’s only the United States that suffers unclearly and hopefully the United States wilol change its mind someday.
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Offline Munareal

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Re: Will the governments kill cryptocurrencies
« Reply #128 on: November 04, 2019, 10:30:49 AM »
The government of a country can not kill cryptocurrency but can retard its usage. Crypto currencies are still used in some countries that have banned it. It is just not a legitimate payment method but people still use it at their own risk.  Proactive governments are looking into blockchain technology and cryptocurrencies. Some  countries have started earning income on it by making cryptocurrency holders pay tax which will be used to develop the country. Cryptocurrency will be used by all nations of the world. It is just a matter of time.

Offline Luckyperson21

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Re: Will the governments kill cryptocurrencies
« Reply #129 on: November 07, 2019, 03:19:07 AM »
They will not reject blockchain forever. One day, they will need a blockchain. Technology is advancing year after year. Any large country will definitely need a blockchain. Blockchain is transparent, and it's very good for a country's information system.

Offline Delgboke

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Re: Will the governments kill cryptocurrencies
« Reply #130 on: November 07, 2019, 05:38:25 AM »
A time will come when the government will be looking for cryptocurrency expert who they can consult on how to implement in some part the region, in some part of the country the government has started to think outside the box the next way out of economic situation. For me government cannot kill cryptocurrency.
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Offline pelana vreo

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Re: Will the governments kill cryptocurrencies
« Reply #131 on: November 08, 2019, 09:14:13 AM »
The government uses blockchain technology for a number of things and if crypto is used for payments in several stores, the government always refuses because the fiat money they spend will have competitors, it is only a matter of time and waiting for the government to make their own stable coins to be used as payments and certainly the government will change the rules they have made

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Re: Will the governments kill cryptocurrencies
« Reply #132 on: November 11, 2019, 01:18:52 PM »
Some governments have not come to the crypto currency fever yet. But blockchain wants to adopt technology. Killing cryptocurrency is not in the hands of any government. One day all governments will have to adopt cryptocurrency.

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Offline tervel

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Re: Will the governments kill cryptocurrencies
« Reply #133 on: November 11, 2019, 03:50:31 PM »
 Rather than blocking the technology, governments could simply introduce new legislation that prohibits individuals from trading or owning cryptocurrency,but I don't think that will happen.

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Re: Will the governments kill cryptocurrencies
« Reply #134 on: November 11, 2019, 05:53:53 PM »
While cryptocurrency is not in danger. Most states have a positive attitude towards it, only about ten states so far to one degree or another restrict or prohibit its circulation on its territory. Of course, this does not mean at all that over time the situation cannot change for the worse. Let's hope that cryptocurrency is slowly integrating into the global financial system. Time is on the side of cryptocurrency. The more time passes, the more people are interested in it and begin to use it and the more difficult it will be to stop it.

 

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