Governments cannot control Bitcoin

[Wedhus Balap]

Yes, I agree with your statement. With a decentralized system, which government can control and intervene with all its regulations. Even if there are some regulations related to the exchange, it doesn't matter because they are related to fiscal regulations in each country which may vary

[Ricky]

Bitcoin is self-regulating. No one is in control of Bitcoin. And no government has any control over Bitcoin. So the governments of some countries do not want to legalize Bitcoin. Again, many developed countries have legalized Bitcoin. Hopefully soon Bitcoin will become legal worldwide.

[pelana vreo]

If the government controls Bitcoin, then they need a lot of money to buy it in the crypto market, developing countries might do this, but it costs a lot to buy BTC out of the total coin circulation.
From the government can control the price of bitcoin, but what's in it for the government? I don't think there is any. They'd better focus on making rules about Bitcoin so that it can be used as a legal means of payment.

[Tnoy30]

The Indian government has recently approved Bitcoin. The news has spread all over the world. So Bitcoin cannot be replaced or suppressed by the government of any country, every country will approve it in the future. Bitcoin must reach a stable level.

[Heron]

Bitcoin is a type of cryptocurrency. Cryptocurrency is self-regulating. Bitcoin is also self-regulating. No one has control of Bitcoin and no government has control of Bitcoin. So the government does not want to legalize Bitcoin. Anyway, hopefully cryptocurrency will be legalized all over the world very soon.

[Zero0]

Yes you are right. The government has no control over Bitcoin Bitcoin is self-regulated. The government cannot control it even if it wants to. So the government does not want to legalize Bitcoin. But many developed countries have already legalized bitcoin. Hopefully the whole world will approve Bitcoin one day.

[elbans89]

The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.

Yes, I think government cannot control bitcoin because bitcoin is decentralised system. Bitcoin has been controlled by demand and supply, Bit It is really difficult and need bug fund. So I don't believe Bitcoin will be controlled.

[Freemind]

The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.

Yes, I think government cannot control bitcoin because bitcoin is decentralised system. Bitcoin has been controlled by demand and supply, Bit It is really difficult and need bug fund. So I don't believe Bitcoin will be controlled.

No government wants to control Bitcoin, they know they can't, but they can control the people who use it. And they do, closing the loop, anonymous coins are currently under attack by the SEC.

[Heron]

No one can control Bitcoin, Bitcoin is self-regulated. No country's government can control Bitcoin. Because Bitcoin is self-regulated. The government does not want to legitimize it easily as it has no control over it. Whether the government of any country legalizes it or not, it is expected that the whole world will legalize it one day.

[anshor1]

The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.

In my opinion , I think bitcoin cannot be controlled. It will need big fund. I think It is the reason why at several countries, the governments have blocked bitcoin.They too worry because bitcoin has shown amazing progress.

[arnold dudicove]

Bitcoin is self-regulating. No one is in control of Bitcoin. And no government has any control over Bitcoin. So the governments of some countries do not want to legalize Bitcoin. Again, many developed countries have legalized Bitcoin. Hopefully soon Bitcoin will become legal worldwide.

I agree with your opinion. The independence of bitcoin makes many countries unable to control it. That is what is likely to trigger resistance in some countries. But now the existence of bitcoin is so fast. I am optimistic that more and more countries will legalize their presence ...

[Muneeb22]

Governments can not control the Bitcoin this is true not just the Bitcoin they also can not control the other crypto currencies but when it is legal then they make a system to control it in future.

[Heron]

The government cannot control Bitcoin. No one has control over Bitcoin. Bitcoin is self-regulated. No government can control Bitcoin. That's why the government doesn't want to support Bitcoin. I think Bitcoin will one day support the whole world.

[Muneeb22]

No one can control the Bitcoin and this is true and in the future Bitcoin make more high and this time also the Bitcoin make high at almost 41,000$ and soon it go high more becasue in this time bull BTC touch the 200,000$ in a short time.

[ice18]

Government can't really control the bitcoin network if thats whats you mean since no one can control it but government has the power to finally ban bitcoin in one country yes if they decided to stop all btc transaction in one country then nothing we can do about it anymore thats the fact.