Quote from: Krillin61 on November 03, 2017, 06:43:28 AM

Quote from: squatz1 on October 27, 2017, 01:30:27 AM

This is something which I've beleived for awhile, which is the prospect that if big governments and banks worked heavily together they'd be able to remove Bitcoin from the face of the earth. They wouldn't ban it, as that would be a tough thing to swallow for the American people as they wouldn't see a good reason to do that ( at least in my mind here) But they could just go ahead and regulate Bitcoin into oblivion, making it hard for Bitcoin businesses (buying and selling, trading, etc) to operate within their countries, or be subject to insane taxes, KYC AML and such.

Do you think Governments could kill Bitcoin?

Well in my opinion, they could not stop the bitcoin. Even though we know what is the capabilities of governmnet still it will be tough for them to stop it. And even now they can't still found out who is this satoshi nakamoto who is the creator of bitcoin. They can compete with it by just making of their own bitcoin but they cannot replace it.

If they had been able to find Satoshi Nakomotto, you think they won't have threatened the man to give up his mission or probably even if it is a group. The man or group was already smart to know that. Bitcoin won't be bitcoin today without the strength of its supporters and the community right from the onset.

As people kept believing in it, more people keep coming in and that keeps making it stronger than anyone could imagine even to the surprise of the governments who used so many means to call it names and formed so many attacks so that people can give up, but that is where the strength of bitcoin comes in, cause we the users are in control, not the government.