Quote from: witcher_sense on Today at 08:34:25 AM

Quote from: vanessacummings on Today at 07:39:49 AM

Biggest threat to crypto is the government taking control over it or putting some unwanted regulations. Majority of the people are here only because of no government intervention. If it happens, cryptocurrency will lose its unique elements.

First, you need to learn how to distinguish cryptocurrency and bitcoin, because, contrary to popular belief, these are two different concepts in terms of the degree of decentralization. If, for example, a cryptocurrency depends on the authority of a single man or team of developers, if all the decisions about the future of the protocol are made unilaterally by its creator, then you will know that this particular currency can be or will be shut down by people in power. Also, governments can continue to regulate such cryptocurrency until it is no longer exist. Say, there is some privacy coin that was created by John Smith. John is the only decision-maker, developer, and therefore a single point of failure. In spite of these obvious disadvantages, the coin does work perfectly, and more and more people start using it to transact privately. The more popular it gets, the more attention it attracts from the government. They may come to John Smith, knock on his door and ask him politely to make his coin less private and more compliant with current laws. Otherwise, he may found himself in jail. John Smith will have no other choice but comply with the law, implement government-approved protocol changes, and KYC/AML procedures. Most people won't see a point in using a private coin without privacy, which will likely lead to the coin's demise.

It should be clear, at this point, that no matter how unique the features of a coin are, they will make no sense unless a coin is decentralized.

I love your assertions but then again because the government doesn't have any principal to arrest for bitcoins sake, they are still creating FUD and putting in place stiff regulations that might crack BTC down which will obviously put fear in the mind of holders. But the good thing is that, no matter what, BTC will stand tall. So I still believe governments are the major threats.