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Topic: Any chance for USA to ban bitcoin? - page 3. (Read 593 times)

newbie
Activity: 30
Merit: 0
March 01, 2018, 05:18:47 PM
Arizona is good, Georgia is good Smiley build it and they will come.
They can not ban anything.
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
March 01, 2018, 05:18:37 PM
Every country are starting to ban. What if USA ban? how will it go?
If the USA banned Bitcoin it would certainly be bad for short term sentiment, but I don't think it would change anything long term. Fundamentals would still be present and you can be sure not all USA people would get rid of their Bitcoin despite it being illegal. It would be like living in the 1920s when they outlawed alcohol, oh what fun that seemed like! Roll Eyes
legendary
Activity: 1806
Merit: 1029
March 01, 2018, 04:23:52 PM
Govt of not only US but all the other nation would try to ban it because btcs are blocking their tax earnings from centralised currencies

That's not true, unless people are failing to report their cryptocurrency earnings and profits. In the US, you are obligated to report profits from trading cryptocurrencies as well as report as income any time you got paid for something in cryptos. The US government at this time is taking a wait and see attitude towards cryptocurrencies--they are studying it to determine how to best regulate it later on.
newbie
Activity: 28
Merit: 0
March 01, 2018, 04:18:28 PM
May happen no one can exactly say about it
newbie
Activity: 71
Merit: 0
February 28, 2018, 03:04:05 PM
Govt of not only US but all the other nation would try to ban it because btcs are blocking their tax earnings from centralised currencies
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
February 26, 2018, 11:21:47 AM
if USA prohibits bitcoin the possibility of bitcoin prices will decrease as investors will decrease, but I see there is no reason USA banned bitcoin because so far bitcoin never interfere USA, but bitcoin even give benefit for USA society.
newbie
Activity: 92
Merit: 0
February 26, 2018, 11:19:13 AM
In the United States, the Securities and Exchange Commission and some state governments have made moves to regulate the trading of cryptocurrencies. Former SEC Chairman Harvey Pitt told CNBC last month that the commission was likely to make major regulatory changes to cryptocurrencies in 2018. 
member
Activity: 266
Merit: 10
February 26, 2018, 10:58:50 AM
In the US it seems to me that the bitcoin will never be banned. He only develops them and was accepted by the government on the basis of what they understood as convenient and how much progress in the future it can bear.
member
Activity: 238
Merit: 10
February 26, 2018, 10:53:02 AM
In the US, use bitcoin is becoming popular and it is gaining momentum. Purchase of property payment for online purchases. All soon they will be bought exactly bitcoin think.
legendary
Activity: 1932
Merit: 1273
February 26, 2018, 10:47:03 AM
The US government are getting stricter with cryptocurrencies, especially all the US-based exchanges are required to do a personal identification. I'm sure its because the US government want to have more power and control over the decentralized cryptocurrency, I believe if the US cryptocurrency user is getting bigger, the taxation will benefit government a lot and will make the government being pleasured.
newbie
Activity: 28
Merit: 0
February 26, 2018, 10:43:03 AM
I dont think the USA will  ban bitcoin because if the other countries approved it like the big countries  like Canada,Australia  then their wealth will increase in the global market and the USA is one of the financial leading countries off the world.
member
Activity: 238
Merit: 10
February 26, 2018, 10:16:47 AM
The US will move forward in terms of bitcoin and will not forbid its people to use the Internet currency. The USA as the fastest growing country in this plan will develop in this.
full member
Activity: 196
Merit: 274
February 26, 2018, 09:48:38 AM
I believe US won't do that, if they will ban bitcoin they should have banned it long time ago and due to the recent senator meeting several weeks ago, it even resulted in positive view. US sees that if other countries ban bitcoin, it has a huge potential that those people will conduct business in the US and potentially contribute to the GDP. And if they have intention to ban it, the CME and CBOE have not introduce the bitcoin futures to their market.  
newbie
Activity: 42
Merit: 0
February 26, 2018, 09:32:14 AM
I agree some countries are starting to ban bitcoins but i don't think US will do that as they always like to be different from others. They might have new tighten regulations instead of banning bitcoins.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
February 26, 2018, 09:24:33 AM
They will likely try, but thinking a few steps ahead, how would they possibly enforce that?

Americans with large bitcoin holdings would keep their bitcoin in overseas wallets and exchanges.   Then, at that point, what you report is essentially on the 'honor system.'    Good luck with that.
At the moment the USA are more interested in regulating the use of bitcoin rather than banning it if they later feel that its ways out of control and it's been used to much to evade taxes or even sponsor terrorism, then they will have no choice but to ban.
jr. member
Activity: 123
Merit: 1
February 26, 2018, 09:20:21 AM
USA cannot ban Bitcoin, as crypto currency is their last chance to save their fiat. One more thing many from their government officials, celebrities, and prominent millionaire investors are heavily invested in crypto currency. They can cast FUD to make the price drop buy they will not ban it or their loss.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
February 26, 2018, 09:18:56 AM
As soon as Silicon Valley started to get excited about cryptocurrency in 2013, and plowed money into start-ups like Coinbase, Bitpay and others, it was clear that the US govt would not ban crypto.

Silicon Valley has a very powerful lobby and they hate the idea of being blocked from future tech. What's more, since the financial crisis, the Silicon Valley lobby has been way stronger than the Wall Street lobby.
member
Activity: 308
Merit: 10
February 26, 2018, 09:18:15 AM
Not every country. I think in maximum 1 year countries will have to accept bitcoin again since it is developing so fast and people are into it
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
February 26, 2018, 09:17:09 AM
Every country are starting to ban. What if USA ban? how will it go?

bitcoins will be always available on other countries so there's no way that banning of bitcoins will affect the entire market because china has already ban ico's in their country but still bitcoins managed to reach 19k dollar before 2017 ends.
newbie
Activity: 182
Merit: 0
February 26, 2018, 09:15:14 AM
Ban it? No. Regulate it, tax it? Yeah, that's them.
First spread fud about it, as if it were any more risky than trading government approved btc futures and etfs.
Then step in to regulate it, for your own good of course.
Then comes the taxman.
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