Quote from: Burogh on February 08, 2019, 12:44:34 AM

Quote from: Snyderfx2 on February 03, 2019, 01:02:47 PM

Quote from: trader34 on February 01, 2019, 10:47:52 PM

I do not think so, being a decentralized currency and censorship-resistant, it is able to withstand even attacks by governments and continue its development.

Of course one of the main reason why bitcoin is decentralized and use blockchain technology is to withstand attacks from centralized organizations and also bitcoin cannot collapse entirely or in a large scale due to a single government crackdown and that is the main advantage of a decentralized system but with a significant restriction it can definitely do a big damage to the entire bitcoin system and its price because investors, traders and holders are very concern about government view towards bitcoin specially when comes to make decisions to sell, hold or buy so it won't collapse but there can be a huge damage

Government can stop bitcoin. The thing that can make bitcoin stop is community. If community think bitcoin is not secure anymore as store of value, people will leave bitcoin and not use it anymore. People always looking for security and government only can regulating

Yes, the government can stop bitcoin, I am sure they can. But the problem is they need to shut down the internet connection in all of the world because bitcoin is connected with the internet. Although the government ban bitcoin, I am sure people will search another way to use bitcoin if they think bitcoin can bring more benefit to them. But I don't think that the government will stop bitcoin and I think they are thinking about what they can do with bitcoin.