Quote from: bitbunnny on October 05, 2019, 08:36:36 PM

Quote from: Wysi on October 05, 2019, 07:59:28 PM

Quote from: Ailmand on October 05, 2019, 03:21:47 PM

Quote from: Rahib khan on October 05, 2019, 05:38:41 AM

What do you think Bitcoins biggest vulnerability is?

Government would be bitcoins biggest enemy. Regulation prevents people from getting involved in crypto, thus preventing cryptocurrency's growth and adoptation. Some countries are skeptical and strict when it comes to their people getting involved to it due to scam and issue that crypto is used in illegal activities.

Government and regulators will always remain as enemies to bitcoin or any other crypto currency due to the fact that they cannot control it and it's decentralized but off-late we have come across situations like kidnappers, hackers demanding payment through bitcoins and claims that bitcoin is used as funding for terror activities and security services cannot track their activities is turning out to be a worst nightmare. But there are crypto friendly countries like Malta, Estonia as well who have seen the bright side of crypto world.

Governments and regulation are not enemies of Bitcoin, stop thinking like a child. Positive regulations and legal framework are the only way for Bitcoin to get further developed, adopted and incorporated into financial and economic system. And that doesn't mean the end of decentralization.
For me the biggest vulnerability of Bitcoin are its users that often with reckless and unmature behaviour make damage in the market.

Maybe its true, users are the main vulnerability of bitcoin. many users are just thinking of making money and that will also lead to an individual to scamming other people.
At some point, we can think of the government will help bitcoin community as they regulate it. There are positive and negative things about it. The positive thing is, government might be the solution to decreased the crypto market's problem to scammers, if we have the help of the government that will regulate every project everything will be filtered.