Will the governments kill cryptocurrencies?

[Fenix]

Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?

I have not yet heard that the government of any state would close its doors to blockchain technology. Absolutely all states highly appreciated the advantages of the blockchain technology, even those who prohibit the circulation of cryptocurrency.
With regard to cryptocurrency, then indeed, over time, we should expect that some governments will tighten the circulation of cryptocurrency. Everything will depend on the direction in which the cryptocurrency will continue to develop.

[Ahmedalab]

Investment is typically uninsured  by corporation sort of a checking account, which implies that there's the potential to lose cash forever. Investment is that the solely thanks to sustain with inflation.

[Crypto Prime]

basically, there are many countries that accept crypto and there are also some countries that do not accept crypto. I think a government has rules about that. we can only follow the rules in our own country. but I think if we can use crypto well, we will also get the benefit from it.

[yousufatik]

There is indeed a government that does not directly kill the monetary market. But policies and restrictions will limit the development of currency. It's just a limitation in terms of not being able to ban all people from entering the money market and they are looking for ways to collect fees and taxes.

[bdamenaakter]

Governments are capable if they unite to come against it but more advantages of the coin is coming up than the disadvantages. The last UN meeting shows the diverse veiw among governments, which is helpful. More so people now know that bitcoin is not all about buying weapon and drugs. Even though coins are coming up daily and getting delisted, some have great potential for use to improve impeding problems in its environment.

[mamun777]

Remember they have government who accept and supported cryptocurrency and other are against. Before they ban cryptocurrency they need to all government against crypto to ban. But because they have government in different country who are supporter of crypto I think to the people against crypto it's hard for them to ban cryptocurrency.

[kamal420]

They said they are up to support it which is why they are regulating thru SEC. It kind of make sense but there seem signs that they are also trying to kill it. If you wonder how, take a look at the prices Smiley Its going to be a struggle to kill cryptocurrencies though. There are less than 5% in the world who are using it as they say but they are already trying to kill crypto, you can imagine how scared they are once it will increase up to 10%.

[vycl87]

Government is about to regulate cryptocurrencies. There is no need to kill or destroy it. On the contrary, they can get tax from cryptocurrencies.

[icolumnist]

Governments control fiat currencies. They use central banks to issue or destroy money . Using what is known as monetary policy to exert economic influence. They also dictate how fiat currencies can be transferred, enabling them to track currency movement.  Instead of killing , they will find ways to create or adopt the existing crypto currencies because they will not be defeating crypto currencies .