Can governments crack down on crypto?

[dekafee79]

Let's just wait and see what Trump will do after becoming US president, because the inauguration was held on January 20th. All investors have also been waiting for a long time whether Trump will fulfill his promises after being inaugurated.
Trump and Melania coins have indeed shown a very extraordinary surge.

Today, we received official news about Trump's executive orders: BTC and crypto have become  reserve asset of the US, SAB 121 has been lifted, and the legal framework for crypto is being thoroughly studied. These are all positive developments in line with what Trump promised during his campaign, and I look forward to their positive impact on the market.

Many investors are still not satisfied with these victories, as they seem to have expected more. The crypto market needs time to fully grasp these new changes before continuing to grow—after all, Trump has only been president for 3 days, not 3 years

We as crypto investors should be patient and wait for what trump will do after making bitcoin a reserve fund. Trump has just taken office, I agree with you this will take time so we should be patient and wait for what policies trump will do for bitcoin and crypto.

[Gurujebs]

We as crypto investors should be patient and wait for what trump will do after making bitcoin a reserve fund. Trump has just taken office, I agree with you this will take time so we should be patient and wait for what policies trump will do for bitcoin and crypto.

You don't have to blame people for not been patient. He promised Bitcoin reserve and that's what everyone expected only to launch meme coin later by holding morr than 80% of the supply. It's understandable why everyone want to see the plans he has for crypto and not the random thing everyone is doing in the crypto space, even Blackrock didn't do meme coin but real coins.

The way it looks now, everyone is expecting huge thing from him. They want to see Bitcoin becomes the best asset and want to see the growth in their investment but who knows the funny thing Trump will try next time, he has done NFTs, he has done meme coins, may a blockchain will be next.

[KryptoBull]

You don't have to blame people for not been patient. He promised Bitcoin reserve and that's what everyone expected only to launch meme coin later by holding morr than 80% of the supply. It's understandable why everyone want to see the plans he has for crypto and not the random thing everyone is doing in the crypto space, even Blackrock didn't do meme coin but real coins.

The way it looks now, everyone is expecting huge thing from him. They want to see Bitcoin becomes the best asset and want to see the growth in their investment but who knows the funny thing Trump will try next time, he has done NFTs, he has done meme coins, may a blockchain will be next.

Trump fulfilled his promise to establish a strategic crypto reserve fund for the US government, but greedy investors are still unsatisfied. Perhaps they want to see the US government immediately buy more BTC to push its price higher and bring them massive profits.

Trump has just become the US president, and he and his cabinet need time to implement strategies for crypto. We also have all of 2025 to participate in the uptrend, so let's be patient and hold onto crypto tightly!

[yohananaomi]

You don't have to blame people for not been patient. He promised Bitcoin reserve and that's what everyone expected only to launch meme coin later by holding morr than 80% of the supply. It's understandable why everyone want to see the plans he has for crypto and not the random thing everyone is doing in the crypto space, even Blackrock didn't do meme coin but real coins.

The way it looks now, everyone is expecting huge thing from him. They want to see Bitcoin becomes the best asset and want to see the growth in their investment but who knows the funny thing Trump will try next time, he has done NFTs, he has done meme coins, may a blockchain will be next.

Trump fulfilled his promise to establish a strategic crypto reserve fund for the US government, but greedy investors are still unsatisfied. Perhaps they want to see the US government immediately buy more BTC to push its price higher and bring them massive profits.

Trump has just become the US president, and he and his cabinet need time to implement strategies for crypto. We also have all of 2025 to participate in the uptrend, so let's be patient and hold onto crypto tightly!

It is indeed difficult to satisfy everyone. Of course, let us give DT the opportunity to set up a very good strategy so that, in the end, bitcoin will still be its main choice.
It is not easy to satisfy everyone in a very short time because everything must also be considered and analyzed properly, so give DT the opportunity to complete everything for the good of crypto itself.
I think you are right, it is necessary to implement DT's strategy and his cabinet and the most important thing is that at times like this we must continue to hold on so that what we dream of can be fulfilled.

[KryptoBull]

It is indeed difficult to satisfy everyone. Of course, let us give DT the opportunity to set up a very good strategy so that, in the end, bitcoin will still be its main choice.
It is not easy to satisfy everyone in a very short time because everything must also be considered and analyzed properly, so give DT the opportunity to complete everything for the good of crypto itself.
I think you are right, it is necessary to implement DT's strategy and his cabinet and the most important thing is that at times like this we must continue to hold on so that what we dream of can be fulfilled.

As I said, we still have plenty of time, and so does Trump. He even needs more time to push legislators to discuss and soon pass a legal framework for crypto, clarify issues of transparency, and provide specific guidelines for projects. All of this aims to make the US the crypto hub!

I believe in the positive impacts of Trump's presidency, so I'm holding onto my crypto very tightly. However, I think I'll only hold until the end of this year before taking full profits and temporarily leaving the market.

[Goldlife]

If the government wanted to ban cryptocurrency, it would have done it a long time ago, when this field of activity was just in its infancy. Then it would be much easier and faster to do this. But now, when it has already fully formed and become a part of people’s lives, no one will be able to completely ban crypto. Also, even the Governments of many countries keep a large part of their money in cryptocurrency. And they will not saw the branch they are sitting on.

Cryptocurrency is of immense importance to keep pace with the current world. Because cryptocurrency is deeply intertwined with people's daily work. Although fiat currencies are legal in developed countries, fiat currencies are still illegal in various countries of the world. In some countries, the government is against it and almost all are in favor of domestic cryptocurrencies. So in my opinion, it is not possible to stop the third current. Cryptocurrency will continue to follow its own course. Even a prime minister like Donald Trump supports Bitcoin and has his own coin in the market.

[tequilla_sunset]

You don't have to blame people for not been patient. He promised Bitcoin reserve and that's what everyone expected only to launch meme coin later by holding morr than 80% of the supply. It's understandable why everyone want to see the plans he has for crypto and not the random thing everyone is doing in the crypto space, even Blackrock didn't do meme coin but real coins.

The way it looks now, everyone is expecting huge thing from him. They want to see Bitcoin becomes the best asset and want to see the growth in their investment but who knows the funny thing Trump will try next time, he has done NFTs, he has done meme coins, may a blockchain will be next.

Trump fulfilled his promise to establish a strategic crypto reserve fund for the US government, but greedy investors are still unsatisfied. Perhaps they want to see the US government immediately buy more BTC to push its price higher and bring them massive profits.

Trump has just become the US president, and he and his cabinet need time to implement strategies for crypto. We also have all of 2025 to participate in the uptrend, so let's be patient and hold onto crypto tightly!

More action is needed to see through the promises made.
Many are skeptical and that's normal - the results of this whole situation would speak louder than words themselves.

[KryptoBull]

More action is needed to see through the promises made.
Many are skeptical and that's normal - the results of this whole situation would speak louder than words themselves.

As I have stated, Trump has fulfilled his campaign promises. Trump only mentioned crypto, not BTC. He talked about a strategic crypto reserve fund but did not promise that the US government would buy more BTC. We are expecting too much compared to what Trump has promised and delivered.

Trump has an entire cabinet that favors crypto, and we will soon see positive regulatory changes for the crypto market. When that happens, investors will have enough positive news about the regulatory framework, specific regulations from the SEC, and altcoins Spot ETFs to trigger FOMO this season.

[Aanuoluwatofunmi]

Cryptocurrency cannot be cracked down, but the government can act against some of its entities as we may have with exchanges and their likes, because they are being regulated by the government authorities and they can implement any policy on them, while this is not possible with the bitcoin network because its a decentralized one and cannot be regulated, attacks on crypto may continues, but they cannot stop and end it.

[dekafee79]

Cryptocurrency cannot be cracked down, but the government can act against some of its entities as we may have with exchanges and their likes, because they are being regulated by the government authorities and they can implement any policy on them, while this is not possible with the bitcoin network because its a decentralized one and cannot be regulated, attacks on crypto may continues, but they cannot stop and end it.

If the government can crack down on crypto, maybe this has been done for a long time. They can only limit or prohibit the rules, but they cannot stop crypto. Even now many governments are starting to be open to receiving Crypto as an investment of its citizens.

[enwi]

Cryptocurrency cannot be cracked down, but the government can act against some of its entities as we may have with exchanges and their likes, because they are being regulated by the government authorities and they can implement any policy on them, while this is not possible with the bitcoin network because its a decentralized one and cannot be regulated, attacks on crypto may continues, but they cannot stop and end it.

If the government can crack down on crypto, maybe this has been done for a long time. They can only limit or prohibit the rules, but they cannot stop crypto. Even now many governments are starting to be open to receiving Crypto as an investment of its citizens.

While regulation can in fact influence the trend of an asset, in the case of crypto regulation is very present although the ability to fully control crypto has become almost impossible. Due to this, blockchain technology which is the main working place of crypto ensures its functioning even in view of different restrictions in some countries. Indeed, progressively, all over the world, governments are opening up their eyes and are in the process of looking for a way of incorporating this innovation in their financial structures. This proves that its existence is no longer just all the rage but part of unprecedented change. Thus, as long as people will show interest and trust public, crypto will remain a part of worldwide economy both as an investment instrument and as a means of payment in the future.

[Celsius]

The government can do many things if it wants, especially in a market where it can bring Bitcoin to a bull market, but it can also bring Bitcoin to a bear market with some negative announcements. However, if the government wishes, it can crack down on someone's Bitcoin and subject them to punitive measures by confiscating all Bitcoins. For example, Donald Trump has brought about a significant change to Bitcoin and has pardoned and released the very amicable Ross Ulbricht.

[yohananaomi]

Cryptocurrency cannot be cracked down, but the government can act against some of its entities as we may have with exchanges and their likes, because they are being regulated by the government authorities and they can implement any policy on them, while this is not possible with the bitcoin network because its a decentralized one and cannot be regulated, attacks on crypto may continues, but they cannot stop and end it.

If the government can crack down on crypto, maybe this has been done for a long time. They can only limit or prohibit the rules, but they cannot stop crypto. Even now many governments are starting to be open to receiving Crypto as an investment of its citizens.

The action may be by not recognizing and prohibiting its use in the country, but it cannot prohibit crypto from continuing to exist in mass use. But there are also those who prohibit it with only some provisions, for example, not recognizing it as a legal means of payment but it can be traded and if you want to use it, it must be changed to local fiat, but there are still those who prohibit it completely, so it depends on the country.

[KryptoBull]

The government can do many things if it wants, especially in a market where it can bring Bitcoin to a bull market, but it can also bring Bitcoin to a bear market with some negative announcements. However, if the government wishes, it can crack down on someone's Bitcoin and subject them to punitive measures by confiscating all Bitcoins. For example, Donald Trump has brought about a significant change to Bitcoin and has pardoned and released the very amicable Ross Ulbricht.

Trump's actions have confirmed the enormous power of the government: eliminating the unfair SAB 121, establishing a strategic crypto reserve fund, and issuing memecoins. Each of these actions has a major impact on the psychology and behavior of investors in the market, and fortunately, they are all positive impacts.

Some governments are still banning crypto, such as the Chinese government. This is hindering the development of the crypto market here, even though blockchain is being researched for practical applications.

[Bobcrypto]

Actually bitcoin depend on their investor without support from government keep increasing the higher price, but get difficult for selling or buying bitcoin without support bank deposit for the beginner when using local exchange currency market. I think government can't crack down totally with bitcoin but they have power to stop or banned bitcoin transaction from closing exchange market access until not allowed to withdraw crypto assets to fiat using bank account.
Today bitcoin have give positive impact and take benefit each other between by adopting taxes transaction for cryptocurrency, government will not suspend using bitcoin for transaction any more behind how much taxes earn every month.

I doubt if government can completely crack down on crypto, because bitcoin/altcoins is decentralized, though government can block faits deposit with banks, but there are other options to buy bitcoin like through p2p or cash in person.
In my opinion, P2P is one of the biggest obstacle from the governments attempts to crack down on crypto in many countries. I think P2P posed the biggest challenge to government in it various attempts to shut down Bitcoin transactions
Dex exchanges has also help to ease the efforts on crypto trading where there are restrictions by government on certain regions through bank deposits.