Post
Topic
Board Economics
Re: Maybe governments can stop bitcoin after all
by
poodle63
on 08/12/2017, 22:39:28 UTC
This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
Do you think that the government has a power that can stop bitcoin? I believe that all of us are aware that there is no organization, group or even government that can stop bitcoin. I can say that the bitcoin is unstoppable.
Yes it is. Remember the bitcoin pegged into the centralized site. that means if the bitcoin can stand without exchange site. As the decentralized exchange population is very low rather than the centralized exchange. The centralized exchange was following the government's rules. It may become a very bad part in crypto.