Post
Topic
Board Bitcoin Discussion
Re: Can Governments Kill Bitcoin?
by
Hallmader
on 16/04/2018, 02:25:40 UTC
The latest news is that the US government is look closely at Bitcoin. A number of governments such as Russia and China are also planning to issue their own digital currencies. They clearly see a financial threat from Bitcoin.

What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?

If the start and eventually growth of Bitcoin is not brought about by the governments, then I can see no reason why the governments can effectively kill Bitcoin. Bitcoin started and earned fast and solid growth over the years without any kind of help from the governments. That means they have made such amazing achievements independently from the governments. It can exist on its own with only the ordinary people backing them up. Governments may try to cripple Bitcoin by banning it but it will definitely fail to kill it.