Post
Topic
Board Bitcoin Discussion
Re: Government Controls Crypto?
by
pawanjain
on 03/05/2021, 17:04:55 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?

It all depends on the perspective. Governments cannot control crypto directly since they are not the one who developed it.
They don't any access over the specific blockchain network. What they can do though is that they can restrict the company from operating in that locality.
But still the company has the option to operate the network from countries which are crypto friendly.
So yeah, Government cannot control crypto directly.