Cryptocurrency Q&A
Can government turn off Bitcoin?
Can government turn off Bitcoin?
SsangyongSpirit
Mon Dec 16 2024
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7 answers
1447
I'm wondering if the government has the ability to shut down Bitcoin, considering its decentralized nature and the fact that it operates outside the traditional financial system.
7 answers
Eleonora
Wed Dec 18 2024
As such, stopping them would require a significant amount of coordination.
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BitcoinWarrior
Wed Dec 18 2024
The question of whether the US Government can stop Bitcoin is a complex one.
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Valentino
Wed Dec 18 2024
Bitcoin and other cryptocurrencies operate on a decentralized network.
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BlockchainWizard
Wed Dec 18 2024
This decentralized nature means that they are not controlled by any single entity or government.
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SolitudeSeeker
Tue Dec 17 2024
It would not be enough for just the US Government to take action.
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