Post
Topic
Board Bitcoin Discussion
Re: Government Controls Crypto?
by
BitcoinPanther
on 03/05/2021, 16:34:28 UTC
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?

Those companies that were shutdown were not the cryptocurrency blockchain at all.  They are third party services that take advantage of cryptocurrency and get profit from it.  Unless the nodes of cryptocurrency blockchain is controlled, the government had no control over crypto at all.  Besides, cryptocurrency is design to do p2p trades and not to use a third party platform.