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Author Topic: Can the government destroy bitcoin?  (Read 46199 times)

Offline Coin63@

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Re: Can the government destroy bitcoin?
« Reply #90 on: March 30, 2019, 08:24:09 AM »
Yes a government can easily destroy bitcoin, when a government acts positively with bitcoin, it is easily determined that bitcoin will moon...

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Re: Can the government destroy bitcoin?
« Reply #90 on: March 30, 2019, 08:24:09 AM »

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Re: Can the government destroy bitcoin?
« Reply #91 on: March 30, 2019, 02:24:03 PM »
Bitcoin has become one of the most attractive forms of investment at the moment so the country must take steps and take it

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Re: Can the government destroy bitcoin?
« Reply #92 on: March 30, 2019, 03:30:13 PM »
The answer is yes but they won’t do that, instead of that, they will support the development of Bitcoin because Bitcoin is the future of fiat system

               

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Re: Can the government destroy bitcoin?
« Reply #93 on: March 30, 2019, 11:16:23 PM »
Destroying Bitcoin is likely destroying something hard in society. BTC has involved many people around the world. This is digital technology with many benefits. Many people hold it. So, it will be difficult to destroy, even they are the government.
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Offline kennyle167

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Re: Can the government destroy bitcoin?
« Reply #94 on: March 31, 2019, 06:04:57 PM »
i think they can destroy bitcoin, but they will not destroy it, because bitcoin bring many profit and chance for them, no reason for them kill bitcoin
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Offline cybersoft

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Re: Can the government destroy bitcoin?
« Reply #95 on: May 02, 2019, 07:55:49 AM »
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. the bitcoin is undestroyable. no government in the world that can destroy or stop bitcoin because it's decentralized.
Bitcoin has no country, it is worldwide. the bitcoin nodes are all over the world and that makes it impossible for any government to destroy bitcoin.
« Last Edit: May 02, 2019, 07:58:23 AM by cybersoft »

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Re: Can the government destroy bitcoin?
« Reply #96 on: May 05, 2019, 01:12:31 AM »
I think it is too cruel if the government keeps trying to destroy bitcoin. During this time bitcoin has never been dependent on the government, it stands alone. And its presence is enough to help the community to improve its economy.

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Re: Can the government destroy bitcoin?
« Reply #96 on: May 05, 2019, 01:12:31 AM »


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Re: Can the government destroy bitcoin?
« Reply #97 on: May 05, 2019, 04:53:53 AM »
I think it also seems difficult that the government can destroy the existence of bitcoin at this time.
because now there are also many investors who hold bitcoin to be their main income, and also bitcoin coins that have long been made and also popular.
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Offline Mikam

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Re: Can the government destroy bitcoin?
« Reply #98 on: May 06, 2019, 06:33:09 PM »
I think the government cannot destroy bitcoin
. because so far, the popularity of bitcoin has never depended on government policy.

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Re: Can the government destroy bitcoin?
« Reply #99 on: May 06, 2019, 07:09:41 PM »
Definitely not. Bitcoin is banned in India, however citizens of the country are still getting their hands on it as well as learning and investing in the blockchain. I think the government can incubate the growth of bitcoin and other public cryptoassets by institutionalizing it as a government asset and form of money.
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Re: Can the government destroy bitcoin?
« Reply #100 on: May 09, 2019, 08:13:19 AM »
if in my personal opinion it will not be able if the country destroys bitcoin, because we know that bitcoin has a decentralized system that does not require third parties.
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Re: Can the government destroy bitcoin?
« Reply #101 on: May 09, 2019, 08:27:00 AM »
if possible all the united countries could have happened, but in my opinion that would not happen, because we know that there are still many countries that like and use bitcoin.
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Offline Xtinah

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Re: Can the government destroy bitcoin?
« Reply #102 on: May 09, 2019, 01:34:19 PM »
Some countries have been trying to  ban bitcoin, some have banned bitcoin but they can't destroy it. Even in the countries where bitcoin is banned, a lot of their citizens are still involved in bitcoin. Many people have gotten used to cryptocurrency and its like a part of them now so destroying bitcoin is not going to happen and another reason why it will be difficult for the government to destroy is its decentralized nature.

Offline mlawson71

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Re: Can the government destroy bitcoin?
« Reply #103 on: May 09, 2019, 04:31:21 PM »
First of all I highly doubt Bitcoin (and cryptos in general) can and will be banned on a global scale. In case of regional bans people will still find a way.

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Re: Can the government destroy bitcoin?
« Reply #104 on: May 10, 2019, 07:19:13 PM »
I don't think there will be anyone who can destroy Bitcoin, including the government. Unless the government stops the internet. I don't think it is possible for the government to stop the internet. Because it will have a broad impact, of course.

 

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