Any chance for USA to ban bitcoin? - page 5.

aeternus

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Quote from: laracastvue on February 16, 2018, 10:15:28 PM

Quote from: ayurvedicurea on February 07, 2018, 10:14:38 PM

Every country are starting to ban. What if USA ban? how will it go?

USA is always competing with japan in terms of high technology and japan right now is using cryptocurrency to improve their economy even more, most of the governments in other country does not see the good things about cryptocurrency and it was huge advantage for japan since the value of bitcoins today is continuously increasing.

Competition among countries is something that many forget, if the US banned bitcoin then other countries that allow it like Japan will win a huge advantage over countries that ban it so the only hope of the US in that scenario will be to convince japan and other similar countries to ban bitcoin as well, but as long as there are some countries were bitcoin is legal we will be able to continue to do business as usual.

laracastvue

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Quote from: ayurvedicurea on February 07, 2018, 10:14:38 PM

Every country are starting to ban. What if USA ban? how will it go?

USA is always competing with japan in terms of high technology and japan right now is using cryptocurrency to improve their economy even more, most of the governments in other country does not see the good things about cryptocurrency and it was huge advantage for japan since the value of bitcoins today is continuously increasing.

aeternus

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Quote from: ayurvedicurea on February 07, 2018, 10:14:38 PM

Every country are starting to ban. What if USA ban? how will it go?

It is not going to be something that happens all of a sudden it is going to be a process that is going to take a lot of time unless something disastrous happens like the economies of the US crashing in such case we may even see an attempt to try to confiscate to bitcoin of the US citizens, but for the most part I'm not worried about that scenario.

Geoll29

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One of the reasons why government of a country is going to ban an investment is if there are people who are going to report that investment as scam. This is the same with bitcoin. If there will be group of people who will report it as scam then I think it will be the end of bitcoin in a country. So let's try to avoid this to happen.

Ch1bi

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I highly doubt Bitcoin will be banned. There was just a Senate meeting a week or two ago about cryptocurrencies and it was positive. Let's just wait and see how it plays out, but I do think it will be regulated in some form.

Ailcab

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Quote from: Aileen C. on February 16, 2018, 09:03:27 PM

I think it's impossible because a lot of investors in BTC come from the USA. And speaking of the US, it is the land of dreams and opportunity so, I am sure they would not ban btc.

Indeed. It is far from the possibility that the US will ban BTC.

Aileen C.

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I think it's impossible because a lot of investors in BTC come from the USA. And speaking of the US, it is the land of dreams and opportunity so, I am sure they would not ban btc.

FrueGreads

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Quote from: ayurvedicurea on February 07, 2018, 10:14:38 PM

Every country are starting to ban. What if USA ban? how will it go?

The United States are very liberal so I doubt that will ever happen. It's the land of opportunities or so they say, so it would be very strange if they attempt to ban bitcoin. I think that their vision on crypto stayed a lot more clear after the SEC hearing, and things look good. Crypto will get regulated, and will probably find it's way as a payment system in the US, and the rest of the world, and I doubt it will ever get banned.

Bans are for countries like China, not the US. Talking about China and bans, I'm curious to see how their last attempt to shut own BTC access through exchanges to their citizens, by using their firewall will turn out. They will probably fail, and it will be even more clear that BTC can't be banned.

Yamifoud

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There is no concrete reasons that could make USA to banned crypto, in fact a lot of people in that country getting invested in crypto.
If ever happens that USA will leave crypto surely it could be considered as a big loss for everyone for the reason is that they are now a huge contributor in crypto after China. And could be possible that other countries will follow then.

AnnaGeraMsk

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hermada

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They could try but the result would be an embarrassing disaster

captin crunch

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I do not think that they will ban it, at least during the current government

vidprab5

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Quote from: vanhoa on February 10, 2018, 05:26:26 AM

I think that's not possible. If bitcoin is banned in the USA then there will be a huge protest to criticize this law.

There are number of people who are currently livening is USA and are investing a major portion of their income into the world of bitcoin. Moreover, the government of USA is very much flexible regarding crypto currencies and there are even certain restaurants in USA as well who have started accepting bitcoin. I don’t really think so that their government will take such kind of step. Rather, they will plan for legalization of bitcoin very soon.

merrillolive

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Quote from: ayurvedicurea on February 07, 2018, 10:14:38 PM

Every country are starting to ban. What if USA ban? how will it go?

I think the United States will never forbid Bitcoin, the high-risk bitcoin market. US banks are forbidden to use credit cards to buy bitcoins. They are limiting the risk of lending money to investors. Because bitcoin prices are high. If the worst happens, the United States forbid bitcoin, perhaps bitcoin would no longer exist. Because the United States is the largest country with the largest number of bitcoin investors.

aishyoo17

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I do not think USA will ever ban bitcoin but there is a chance it may be regulated by the government. And if ever that will happen, there would be a terrible consequence in the economy itself of the country then other countries would be greatly affected too.

Dany44

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Wenatchee WA is gaining advantage till BTC is not banned Cheesy

bilal_jan321

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Quote from: ayurvedicurea on February 07, 2018, 10:14:38 PM

Every country are starting to ban. What if USA ban? how will it go?

Cryptocurrency brought transparency to financial systems, while banks and government officials do not want such transparency. that why almost majority of governments are not in favour of it. It will be interesting wt USA govt says about CC

adriaymati58

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Not every country started to ban it. Governments are afraid of bitcoin because this will affect them. Of course they don't like it but not every country will ban it. Countries will start to allow it

hardhouseinc

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United States supports the cryptocurrency technology. I don't see why would they ban it. Don't think negative. It's time to think positive

Generalbablita

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If USA bans bitcoin, it'll definitely affect the trading as a whole.

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