Can the government destroy bitcoin?

[Prime]

How the government can destroy Bitcoin? I think it isn't possible. Bitcoin is decentrized and owned by many people around the world. Also, the government cannot kill exchanges because it is already legal in many countries. They even pay taxes, so once they are closed, the government will lose one of the big sources for taxes.

[DAMKAR]

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 mate, Yes It is true I also heard several countries have banned bitcoin, but I think they only worries in bitcoin. Because no one can control bitcoin. They also have own currency.

[Loedong]

No , I think The government cannot destroy bitcoin.  Bitcoin is the future technology. It is block chain platform. It will be needed at the coming future.

[vaysar]

I think the only way to destroy bitcoin is to offer technology that is superior to bitcoin. But at the moment there is no such technology, and the adoption of the law prohibiting bitcoin is a fantasy, I do not believe that this is possible.

[expander]

I think the government will never be able to stop its people from continuing to invest in this bitcoin because this market is classified as a very secret government agency will not be easy to know the people are making this investment.

[franch]

Yes but this crypto market has ambition to change fiat currency and still provides many methods to solve a lot of profit and economic corruption so the government will support it.

[lepbagong]

I think the government will never be able to stop its people from continuing to invest in this bitcoin because this market is classified as a very secret government agency will not be easy to know the people are making this investment.

crypto will be difficult to prevent because it is a system that moves with its own ability and no one party can control or even stop. but it is possible for the government to ban it, it will still be able to do it.

[lepbagong]

Yes but this crypto market has ambition to change fiat currency and still provides many methods to solve a lot of profit and economic corruption so the government will support it.

precisely if there is corruption the government should ban crypto because it is prone to be used for money laundering, because it will be difficult to trace it. so it is not a settlement with crypto, corruption will be stopped, but instead it is encouraged by compulsory transactions through banks, so that corruption can be discovered.

[Cryptoz]

I don't think the government to have a serious intention to destroy Bitcoin. It is too bad if the government destroys a very promising thing to use for humans in the future. We need Bitcoin for the currency and it is also used for digital assets now. Many people rely on Bitcoin now and the government should support it.

[Doctor]

I don't think the government to have a serious intention to destroy Bitcoin. It is too bad if the government destroys a very promising thing to use for humans in the future. We need Bitcoin for the currency and it is also used for digital assets now. Many people rely on Bitcoin now and the government should support it.

Yes, I also don't believe government will destroy Bitcoin. Bitcoin is the future currency, I think government should addopt Bitcoin tevhnoly for their bank or company. Block chain technology is good for payment transaction.

[Carbitcoin]

The fact is that no government dares to ban bitcoin, because a significant part of the world community has been using cryptocurrency for a long time and in some countries the cryptocurrency is completely legalized. The only thing they will be able to do is try to completely subjugate the cryptocurrency market and control the activities of their citizens in the cryptocurrency market.

[Tnoy30]

Bitcoin will never be destroyed. There will be more improvement and expansion. Bitcoin is not regulated by the government of any country. But governments find nothing in bitcoin transactions. In the future economies can make a worldwide system subject to this discussion. However, the government of any country does not know where Bitcoin comes from and what is the source of Bitcoin.

[ayatoslaw]

Bitcoin will never be destroyed. There will be more improvement and expansion. Bitcoin is not regulated by the government of any country.

Actually the government can destroy bitcoin (I am talking about the price of bitcoin), as you know bitcoin is very dependent on community support and also companies or exchanges, if all governments in the world agree to ban bitcoin and block the internet to access bitcoin I am sure bitcoin will not be of value in a few days.
yes, but nevertheless it is very difficult to unify the opinions of all countries, because each country has its own interests.

[Fadhilz123]

Government can't destroy it even stop it. This is a decentralized system it means no one can't. And for now, I think many governments open minded accept cryptocurrency. This is the next step for a better future

[Ghozrd]

Bitcoin cannot be destroyed because we are still seeing how the blockchain works unless there is a government or a country that has 10,000,000 BTC and they keep it so that the amount cannot be used, but it is impossible. All systems work in a decentralized manner and Bitcoin will always accepted by everyone because it is easy to use and transparent