Can the government destroy bitcoin?

[Piku]

No country government can destroy Bitcoin. Bitcoin has become a very popular currency around the world. The government of any country cannot suppress bitcoin if it wants to. But governments can come to a conclusion. They can plan how to tax Bitcoin.

[Jentot]

I don't think Bitcoin is controlled by any government. Bitcoin is banned in many countries because they can't control Bitcoin and they think Bitcoin will be used for most illegal purposes.

True, this is one of the reason why other countries ban bitcoin,  for example in dark web, they are using bitcoin as payment for doing bad and buying illegal items.

[Cinno3]

The government of every country waits for power from every sector for the betterment of some countries. Or by signing a contract. However, the government of any country does not receive any tax from Bitcoin. No cryptocurrency gets from the currency. But governments may consider other alternatives in the future. However, it is not possible to control Bitcoin.

[Hamida]

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, If government can destroy bitcoin it's been done a long time.

[Paglamon]

Bitcoin can be controlled by the government, it will be possible in the future. However, the control of Bitcoin will never be in the hands of the government. Because bitcoin transactions have become much more popular and dominant around the world. Users in developed countries trade bitcoins. They regularly trade on various products and invest in cryptocurrencies worldwide.

[Sasa]

Yes brother you are right there are many countries that do not support bitcoin. They think that supporting Bitcoin can increase the number of crimes. But you said that the government can destroy Bitcoin. But I think it will never be possible. Because there are many countries that fully support Bitcoin and believe in Bitcoin. Developed and powerful countries like America and its supporters of Bitcoin. I think all countries will one day support Bitcoin even if it is late.

[Ricky]

I don't think the government can destroy Bitcoin. Bitcoin is the most popular cryptocurrency. Cryptocurrency contributes a lot to the realization of digital transactions around the world. Digital transactions are not possible without cryptocurrency. Many developed countries around the world have already legalized cryptocurrency. So I don't think it's easy to destroy Bitcoin.

[Riya143]

Bitcoin will be able to be traded with various banks around the world. As Bitcoin users are scattered all over the world, it is not possible for any government to eradicate Bitcoin. So I think Bitcoin will become the most popular currency in the world in the future.

[satpol_PP]

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,it can't. The government cannot stop Bitcoin, they're just ban bitcoin. Bitcoin is the future technology, I think It will be more popular at the coming future. Bitcoin will be accepted by all countries at the coming future. It is my prediction.

[juv3ntus1]

Why they want to distroy a think who can bring you a lot of moneyto the government buget?Govermant are intersting to regulate the bitcoin to colect the money taxs.Government from different country aready are adopting laws for impoziting profit from btc and coins.

[Malam90]

Bitcoin is decentralized in nature. There is no regulatory authority to regulate Bitcoin so far. No government can control over it's trade, transaction, use. Only govt. can impose rules on use and trade of Bitcoin. That's why in many countries, it is still illegal to use but they can't destroy Bitcoin. It is still dominator of virtual currencies. There are many obstacles of using Bitcoin in many parts of the world but popularity, demand and price is on the rise if you compare in the last 5 years.

[wahyudi]

I don't think it will happen, there are indeed some countries that prohibit bitcoin, but destroying a botcoin is very difficult, it won't even happen, because there are still many people and countries that accept bitcoin.

[mrjoy15]

Rules or regulations made by men. Until now there no such gadget which can control you to stop using bitcoin. Decentralized things is kinda tough to recognize those activities as anonymous group behind the scene. Govt. only can regulate, impose ban to discourage use do nothing more.

[raisajahan]

Its more or less impossible for government in any country to destroy bitcoin because its not regulated by the government of any country its a technology base currency which is not paper money so its difficult by the government.

[Casual]

In fact, we see that Bitcoin is not legal in the country but the use of Bitcoin is completely banned by the government.  So if anyone finds anyone who is constantly using Bitcoin, the government agency will file a case against them.  Even then, it can be seen that many people are secretly using Bitcoin.  So I think the government of any country will never be able to finish Bitcoin.