Re: Why do people keep saying BTC is dead?!

But as a user of it we can complain our suggestion and our rights. We have a rights to know what happened to the taxes that we pay. Yes we can't stop the government control the bitcoin but we can do what is right.

I will state this once more again. Government cant control BTC. In short words, because each transaction of BTC cant be control by anyone else, this will make the goverment has less interest in it.

i.e Government could block your bank account, void your money transaction if they deem that you have committed a crime but with BTC the goverment could not block anything, including your wallet or void your transaction. That is what decentralized means, the most they can do is regulate BTC transaction to FIAT to get a portion of it (tax)

The government can't control anything 100% but what they can do is put heavy restrictions on something and punish its use. Drugs are illegal but people still buy or use them but they can be punished for doing so and they could do the same thing with bitcoin. They could make it illegal which would threaten its use as a legit currency but people would still use it.

then they should arrest everyone that use a pc, i don't think you can comapre drug with bitcoin, they are quite different...even if they declare it illegal you can still use it, not by dumping through exchange maybe, but for purchasin something via forum/chat

but too much restriction could damage the price really bdly, unfortunately not every government hate bitcoin

Why would they arrest everyone for using a pc? And drugs and bitcoin are perfectly comparable. Drugs shouldn't be ilegal but the governments made it a crime to use or buy and sell them. They could easily do this with bitcoin if they so chose to and I already said people would still use it and that's why it would be exactly comparable to drug prohibition.

because pc are the instruments to use bitcoin and to setup a node, thus helping bitcoin, with the drug, you just confiscated the drug and arrest thos who used it, with bitcoin everyone can have access to it so easily it's not comparable with drug, you can't shut down every internet devices, so you can't deal with bitcoin, the Gov cannot stop it

If you read or process what I'm saying you will see that I'm not saying they can stop it, but they can prohibit it in other ways and that's why my comparison with drugs is apt. They might not be able to stop you using bitcoin (or drugs) but they can put laws and regulations in place to make it illegal and punish you if you choose to ignore them. The gov can still steal or confiscate your bitcoins as well so it's yet again exactly comparable to drugs.