Can the government destroy bitcoin?

[sky20]

We know that that bitcoin as well as crypto currency is decentralized. Government doesn't know who are the holders of bitcoin. Who transect bitcoin. Government can assume but it can not be possible to find out. If any one use bitcoin in restricted area how can be identified? So normally we know that there is action will be taken from government to use bitcoin. so i think government can destroy bitcoin. 

[Methos]

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.

Yes it's true there are some countries that ban bitcoin but I think they can't destroy bitcoin because bitcoin can help us, so if the government can stop bitcoin, then they are like destroying many people's dreams

Yes bro same sentiments, actually here in the Philippines, our government is not patronizing the Bitcoin, but can still maneuver to process their account and Hold cryptocurrency. Some are investing their monies and let it stay there just like the usual Investment on assets.

[anshor1]

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.

I think It just rumours, some country will follow to ban bitcoin. I think the reason why some countries have banned bitcoin because they don't have  more knowledge about bitcoin and afraid bitcoin will destroy their national currency.

[Blaze]

the government will never be able to have such power because so far bitcoin still has very good prices on the exchange and still has a lot of demand meaning the government won't be able to destroy bitcoin.

[Tnoy30]

Most countries do not approve bitcoin transactions. However, there are some countries that have already approved bitcoin transactions. However, I think that those countries that have not approved bitcoin are many times behind in technology. Bitcoin is not waiting for the approval of any country. Bitcoin has spread all over the world. Bitcoin will be traded in any country even if it is not approved by that country.

[Lenipiw]

Bitcoin will not deteriorate whether the government of any country is in favor of Bitcoin or not. However, if the government of a country approves bitcoin, transactions inside the country will increase and transactions will be easier. In more commercial cases, the use of Bitcoin will increase many times over. But the country's economy will also improve. So I think every country needs to approve bitcoin. The country should be allowed to move towards development.

[Dociko]

Bitcoin will affect the economy of every country. So Bitcoin should be approved in every country. Bitcoin is used in countries where Bitcoin is not allowed. So the use of Bitcoin is all over the world so the Bitcoin currency is at the top of much more discussion. Bitcoin will be able to go further with the approval of each country. More countries will move forward to become developed countries.

[Tanimariya]

Bitcoin is not allowed in every country of the world. However, the economic situation in the country where Bitcoin has been approved is much simpler. This is because Bitcoin or other cryptocurrencies have a role to play in keeping the economy afloat. Cryptocurrency is considered as the second source of income in the world. So Bitcoin is popular all over the world. The way Bitcoin has given them is much improved.

[MRM]

I think the government of every country that has approved bitcoin can decide to adopt a tax collection strategy. However, if the government of every country approves bitcoin with tax, it will definitely be much better for the users. There are many users of Bitcoin all over the world. If Bitcoin is able to transact with domestic banks, then the economy will be much stronger if the government of the country gets taxes from there.

[EthereumDev_]

I think the government of every country that has approved bitcoin can decide to adopt a tax collection strategy. However, if the government of every country approves bitcoin with tax, it will definitely be much better for the users. There are many users of Bitcoin all over the world. If Bitcoin is able to transact with domestic banks, then the economy will be much stronger if the government of the country gets taxes from there.

Indeed, all governments from various countries must be able to accept bitcoin, unfortunately there are still many countries that have not accepted bitcoin as a legal transaction.

[sky20]

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.

It is not possible for government of any country to destroy bitcoin. If they have the capability then they can control it also. They can trace any transection of bitcoin so how they find out. There is no way to destroy bitcoin.

[Altcoin1998$]

I think exactly opposite will happen.

Yes a countries government stop to use bitcoin and strictly prohibited bitcoin use but can't destroy bitcoin at all.

[Dociko]

I think exactly opposite will happen.

Yes a countries government stop to use bitcoin and strictly prohibited bitcoin use but can't destroy bitcoin at all.

Yes, buddy you are right. The government of a country can enforce strict laws to stop the use of Bitcoin. But Bitcoin can never be controlled. That means users will not refrain from using Bitcoin. It will never be controlled by the government. Because Bitcoin is operated and circulated all over the world. Bitcoin users are scattered all over the world. Even if the government of a country bans Bitcoin, Bitcoin will continue to be used inside its country.

[lepbagong]

I think exactly opposite will happen.

Yes a countries government stop to use bitcoin and strictly prohibited bitcoin use but can't destroy bitcoin at all.

true, banning bitcoin will be very difficult to do because no one has the authority over bitcoin, but prohibitions for use can happen but there are still many ways to do it because of the many conveniences available.

[Lorix]

There are various rumors about Bitcoin. Bitcoin is not allowed in many countries, and there may be severe penalties. Knowing this, users use bitcoin. Because it is possible to enjoy many more benefits by trading Bitcoin. However, there are still countries that have not allowed bitcoin. I think Bitcoin is a currency worthy of worldwide approval.