Quote from: arwin100 on Today at 11:30:22 PM

Quote from: Ebede on April 19, 2021, 03:18:49 PM

Quote from: NatureMoves on April 17, 2021, 02:32:57 AM

Ok so there are people who say that crypto is decentralized and cannot be controlled by the government. How can this be true when the government can shut down the companies or networks where you are able to buy, sell, or send crypto? What do you guys think? Do you all think that crypto is truly decentralized and cannot be controlled by the government or can they? Maybe not directly but indirectly controlled?

Crypto is a digital currency that has no physibility ,shuting down companies can not frustrate the growth of crypto but rather it mystifies it and makes the exchange value higher and scare among users

There are shutting down issues of exchange which has been used to fud crypto users to dump the price of bitcoin so provably if something like this will happen we can possibly go the same as many people will think the demand will lessen for certain closer especially if the government will demand it. But this is far from reality since as long as bitcoin is serving a good purpose the government will not put any bad actions on it.

The government shows negative reaction towards bitcoin even how useful it is to the people but i think it will only stop there. Yes, they can shut down those crypto exchanges but definitely not the network itself. Bitcoin is decentralized so no single or group of authorities can ever control it. The government can impose limitations on bitcoin transactions but never they can stop bitcoin transactions even how they see it illegally.