Post
Topic
Board Legal
Re: Why hasn't any government stopped Bitcoin?
by
Paditani
on 19/01/2018, 19:22:18 UTC
Bitcoin will not be stop by any government it's because of it's anonymity, bitcoin is like a good virus/malware that cannot be appreciated by government. russia , China, and any other country cannot fully erase bitcoin.   If internet network exist then bitcoin will never stop existing and insisting to any protocols. Government will just waste their time trying their best to make bitcoin dissolved.
Its really possible for it to be stopped but would really require super quantum computers which we do know that it isn't available as of now and it would still take time for it to be invented which means bitcoin would able to still exist for longer years as of now.Government cant really do nothing on its existence and it cant be stopped this is why they do only impose laws on their vicinity regarding on the prohibition of using it but totally shutting it down it isn't possible.
You are wrong. In order to destroy bitcoin simply to strengthen governmental control over Fiat money. This is the weakest link in the chain of bitcoin. Now, there are no conditions to bitcoin existed independently. Every user is compelled to exchange their coins for Fiat. If banks are banned from such transactions then bitcoin will lose popularity.
Its possible but this thing would really takes time for sure. Government can really impose those things on having a very very strict when it comes to their own fiat money but come to think off that people can easily convert those coins into another country which don't have much restrictions into crypto which means they can still convert into fiat indirectly without being noticed by its government itself. This is the fact that there were almost government do ban or prohibits bitcoin but there are still numbers who hadn't this kind of decision.

The decisive role in this  situation is also Human right, Wich  must be protected from Govermant.Everyone has constitutional right to make Entrepreneurial activities and dispose his funds as he/she wants and Goverment may get regulations wich will  determine balance between criminality and humans constitutional rights.Legislative and executive authorities are obliged to use only relevant Interference,wich will be defensive and this bans are not relevant,because Countries can use more liberal approaches.So,I think the best solution will be global regulations.

Principles of intellectual property:

1. Economic Principles
In economic principles, intellectual rights derive from the creative activities of the human mind that has benefits and economic value that will benefit the owner of the copyright.

2. The Principle of Justice
The principle of justice is a legal protection for the owner of an outcome of the intellectual ability, so has the power in the use of intellectual property rights to his work.