Governments cannot control Bitcoin

[laughingburger]

Yes until now bitcoin can not be controlled. government is not a force to control bitcoin values. but if this goes on whether bitcoin is considered a risky investment in the future?

I can see where you coming from for this statement, but we could not deny the fact that although government cannot control the internal of crypto like the price and tokens sale but in actual fact the government still have full control of the external part of crypto like the rules and regulations of crypto isn't it?

[AltLogan]

Hardly possible to control.
Government can only close web sources to prevent BTC transactions.

[manyexp]

Decentralization is not always right.
Even bitcoin are still concentrated in a few people, and are being governed by them, not the government.
What will people with uncontrolled power do?
I do not think regulations are necessarily bad.

[Zeus29]

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,Bitcoin is decentralised no one can control it.Being decentralized, Bitcoin has no leader,no office, and no tangible asset backing

[Nestle]

I can't imagine if the government will control bitcoin. Everyone will reject it. Bitcoin will experience a decrease in interest due to government regulations.

[Sapp]

bitcoin has a very high level of security, because it is difficult to track by anyone. The government cannot control bitcoin because of the decentralized nature of bitcoin.

[aldi putra]

yes it's true what you say the government can't control bitcoin because it is decentralized unless they have the same law as bitcoin the government can just arrange it

[Quart]

Why government wants to control bitcoin? I think because of many purposes behind the issues. I am afraid politicians will take advantages through this problem. Bitcoin cannot be controlled, it is decentralized and no one own it. If it is controlled by the government, we will lose the characteristics of bitcoin. 

[Kubiga]

it's true that no one can control bitcoin unless it's true that a pope who has a lot of money might affect the price slightly

[Iconetlife]

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.

Right ..., the government cannot control bitcoin transactions but the government can make regulations even audit bitcoin through the exchange. when the government has begun to tighten regulations through KYC and limit fiat withdrawal transactions, it is the government's control of bitcoin.

[tgine]

they will eventually accept the power of bitcoin and they will stop trying to control it.I cannot understand why they are so involved with the currency of the future.

[tamango]

Actually goverments cannot control BITCOIN or any decentralized coins but what they can do is to impose KYC and restrictions where we have to change crypto in FIAT. This can be a serious problem because actually very few things can be bought with Crypto .

[purpleseven]

No one can control crypto or bitcoin. Crypto prices are determined by how technology is available on coins or crypto. enthusiasts this year have difficulty understanding how to assess crypto.

[Breadwinner]

Cryptocurrencies was created in such a way that it is decentralized based on the blockchain technology. This is the main reason why governments are against it. They don't have control over it.

[reshat]

they can limit the usage of it by imposing different barriers and tarriffs such as limitations in taxes and requirement of passport but a full control is not possible at the moment.