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Can u.s. government stop bitcoin

Can u.s. government stop bitcoin

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Read more in my recent interview with the Congressman.

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Can The Government Stop Bitcoin Somehow?
The number one way that the government could regulate cryptocurrencies is by taxing any fiat money you use to cash out a virtual token. The main caveat with. The Bottom Line. Bitcoin is a decentralized currency not subject to government regulations. However, governments have the power to ban its usage if they have valid reasons to.

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By collecting taxes and spending dollars and not bitcoin , the government guarantees some demand for dollars and, correspondingly, limits the potential network size of bitcoin. Also, they don't guarantee that the world will immediately stop using bitcoin. Global Freedom. European Securities and Markets Authority. It was difficult for law enforcement to trace parties involved in the transaction because they only had blockchain addresses as identification.