Government trying to stop bitcoin, what I see

[Seeyy]

even though the government tried to stop crypto, they would not be able to stop this at all. There is a large community in this world involved in crypto. So, the government has limited opportunities to stop it.

[Noni]

I think so that there is a large community involved in bitcoin so the government cannot stop bitcoin

[pelana vreo]

Bitcoin is good to use as an online payment system, I think we have to wait for all countries to accept Bitcoin as a payment transaction system. If all countries accept Bitcoin and altcoin I think the bank transaction system will soon use cryptocurrency.

[btcdeger]

Bitcoin is a modern payment technology that is present in the current era, where increasingly advanced times and increasingly sophisticated technology. Even though the government is trying to stop Bitcoin, but I'm sure Bitcoin will continue to grow and eventually Bitcoin is truly accepted by everyone.

[nakmantu99]

Here is what I see each time the government tries to stop or control bitcoin-


https://i.imgur.com/rFzTXc3.jpg



Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.

Yes I see at several countries, the government try to stop bitcoin. But I think No one can refuse the technology.

[Quart]

Some governments probably plan for this or try to do this. But exactly, can they be? I don't think so because bitcoin is universal. bitcoin is not only about the currency. This is a cryptocurrency that involves so many people in the world wide. Although it may be possible to stop or control bitcoin, I don't think it can be done easily. For, BTC is anonymous.

[Zsangx12]

What the cryptocurrency creates is decentralization. So cryptocurrency does not need the government and they can not ban it. As China has banned cryptocurrency but in the end was not.

[elbans89]

Here is what I see each time the government tries to stop or control bitcoin-


https://i.imgur.com/rFzTXc3.jpg



Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.

Yes I think the government at several county try to stop bitcoin because They are worry about national currency.

[hoodie]

Cryptocurrency prohibition is useless and impossible due to the influence of wealthy investors who use it as a means of storing value. Bitcoin is under the reliable protection of the powerful. Wealthy cryptocurrency owners have gone far enough in an effort to keep their money away from the reach of governments.

[laughingburger]

Here is what I see each time the government tries to stop or control bitcoin-


https://i.imgur.com/rFzTXc3.jpg



Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.

If on a political view your viewpoints is correct, government might also be worry that their citizens go into crypto and experience scams or even big losses and they might point their finger at the government also.

[akbarals9425]

I think bitcoin will be a boomerang for every country because peer to peer countries cannot control transaction taxes because every time we make a transaction there will be tax costs that we incur and also bitcoin can be used as a tax evasion tool for those who have trillions of money to avoid taxes. the money to bitcoin

[Rafiq]

Bitcoin is a decentralized currency. Any governments can not control it. Governments always want to control on money circulation. If they do not control money circulation they will lose tax. So i think governments are not ready to like bitcoin for now.

[getto]

I find it amusing discussions of cheese production and composition are happening here. There's also been much discussion of the Moon and water being there and somewhere else we're talking about American vs metric cooking measurements. All extremely relevant to Bitcoin

[Omah karpet]

the internet world is progressing and developing. the government cannot stop bitcoin because many have adopted it to invest and transactions. will continue to be the country's income too ..

[FinTech]

Bitcoin is already in operation and can not be stopped and it seems to me that states are not able to block it even with a strong desire!

Even though it is said that bitcoin and crypto cannot be held by any country, but Bitcoin also still has the potential to destroy itself, this can happen because it has begun to decrease the interest of people to use (although not entirely). But if this continues it is not possible that bitcoin will die