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Author Topic: Will the governments kill cryptocurrencies  (Read 29124 times)

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Re: Will the governments kill cryptocurrencies
« Reply #90 on: May 24, 2019, 11:22:32 PM »
Governments are generally very reluctant to legalize cryptocurrency. It is more imposed on them by society. Therefore, governments will accept cryptocurrency, but they themselves will not actively support it. In the future, we should expect periodic tightening of the conditions for cryptocurrency in the states.

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Re: Will the governments kill cryptocurrencies
« Reply #90 on: May 24, 2019, 11:22:32 PM »

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Re: Will the governments kill cryptocurrencies
« Reply #91 on: May 25, 2019, 03:36:35 AM »
I don't think there is a government reason to kill cryptocurrency, on the contrary the government must support the existence of this cryptocurrency, because this shows that the country is moving forward to be able to use IT and get jobs in the crypto world and be able to keep up with the tjimes in the future. the population of the country is not Gaptek (do not know technology).

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Re: Will the governments kill cryptocurrencies
« Reply #92 on: May 26, 2019, 04:00:18 PM »
I am sure that sooner or later the government will approve cryptocurrency and will implement a decentralized system.
because with a decentralized system, it will cut a lot of administrative costs.


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Re: Will the governments kill cryptocurrencies
« Reply #94 on: May 27, 2019, 09:42:40 AM »
No the governments will not kill cryptocurrencies ,probably will be some regulation for tax payment and not to be used  for bad purposes.
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Re: Will the governments kill cryptocurrencies
« Reply #95 on: May 27, 2019, 01:05:16 PM »
No the governments will not kill cryptocurrencies ,probably will be some regulation for tax payment and not to be used  for bad purposes.

So, then why are some currencies banned in some countries?

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Re: Will the governments kill cryptocurrencies
« Reply #96 on: May 27, 2019, 01:55:14 PM »
Cryptocurrencies were called decentralized due to the fact that is isn't being regulated by any country, so no they don't can't kill something that they have no control over with.

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Re: Will the governments kill cryptocurrencies
« Reply #96 on: May 27, 2019, 01:55:14 PM »


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Re: Will the governments kill cryptocurrencies
« Reply #97 on: May 29, 2019, 04:25:38 PM »
Many governments have tried but failed, they can't succeed unless the people into crypto allow them to which is not possible, bitcoin is also decentralized which makes it difficult, they have no control over it. There has been negative news about Cryptocurrency but it still stood strong enough to withstand all the news

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Re: Will the governments kill cryptocurrencies
« Reply #98 on: June 08, 2019, 06:49:42 PM »
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?
Actually it's not the Govs but the banks, in particular the Central Banks.
The CBs are the lords of the currencies, they don't like competition.
The only cryptos they like are the cryptos they create.

Govs are not against cryptos. They want to regulate them, as these become more and more important.
As long as crypto trading  can be a source of tax income, they won't oppose them  :)

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Re: Will the governments kill cryptocurrencies
« Reply #99 on: June 08, 2019, 07:36:31 PM »
Many countries governments are not like cryptocurrency because their banking system obviously hate bitcoin among their trading phenomenon. So these countries governments are fully responsible to killing the cryptocurrency.
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Re: Will the governments kill cryptocurrencies
« Reply #100 on: June 08, 2019, 08:15:55 PM »
The government will never be able to destroy the cryptocurrency.  Cryptocurrency - software code.  Moreover, there will always be decentralized exchanges.  This must be taken into account.
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Re: Will the governments kill cryptocurrencies
« Reply #101 on: June 08, 2019, 10:33:29 PM »
probably cryptocurrencies  will become more centralized

But if Cryptocurrencies become more centralized, that will kill the idea of it, Cryptocurrencies are decentralize and will stay decentralize other wise thier will be no diffrents between it and the real money.

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Re: Will the governments kill cryptocurrencies
« Reply #102 on: June 08, 2019, 11:03:08 PM »
In the short term, you will of cause see some resistance to crypto use but the long term future is beautiful as I see government bowing to public pressure and accepting that blockchain has come to stay

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Re: Will the governments kill cryptocurrencies
« Reply #103 on: June 09, 2019, 07:06:58 AM »
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?

Only those who will not benefited from cryptocurrency will probably oppose it. Im thinking they are against it cause they wanted the tax to be implemented on their business and increase the shares given to government. But some crypto firms will not be swayed by this. I know politicians will used this chance to extort money from them. Thats why there are still many provisions beig draft and made.
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Re: Will the governments kill cryptocurrencies
« Reply #104 on: June 09, 2019, 09:58:49 AM »
probably cryptocurrencies  will become more centralized

But if Cryptocurrencies become more centralized, that will kill the idea of it, Cryptocurrencies are decentralize and will stay decentralize other wise thier will be no diffrents between it and the real money.
I don't think decentralisation as being the main point of cryptocurrencies.
You can have centralisation and still benefits of using cryptos.
Even with centralisation cryptos can be superior to fiat.
They are the benefits offered by blockchain:
- avoiding intermediary (banks),
- cheap,
- fast,
- transparency,
- privacy (which is not anonymity)
- limited amount of currency

 

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