Topic: Bitcoin ban, mission impossible - page 5. (Read 723 times)
Whether they ban it or not, Bitcoin will still exist and when there will be money to make, the people will come for the finance and stay for the binance. Bitcoin knows no boundary so it will exist even in a country that bans BTC. Local currency can be traded on binance p2p still and people will buy the p2p if because they know the opportunity with Bitcoin is almost guaranteed.
Bitcoin relies on node decentralization. Bitcoin's decentralized software has developed to the point where it cannot be shut down globally. Even if various countries in the world choose to ban Bitcoin, they will find this impossible.
The sad fact remains that the goal of most countries is to regulate something they don’t understand.
The sad fact remains that the goal of most countries is to regulate something they don’t understand.
It is possible that countries that currently ban Bitcoin are trying to control Bitcoin.
A lot more of them not wanting to lose control over their local fiat currency. If they have half a brain, they would easily know that they can't control Bitcoin; hence why they see that just totally outlawing it is the "easy" solution.
It is possible that countries that currently ban Bitcoin are trying to control Bitcoin.
No one can control Bitcoin. No one can ban Bitcoin. Bitcoin will exist with the Internet. However, if Bitcoin is banned in your area, do not trade in that country. You can put your money in your wallet. Waiting to go to a country where the transaction is available, and proceeding with the payment transaction.
No one can control Bitcoin. No one can ban Bitcoin. Bitcoin will exist with the Internet. However, if Bitcoin is banned in your area, do not trade in that country. You can put your money in your wallet. Waiting to go to a country where the transaction is available, and proceeding with the payment transaction.
It can be said that Bitcoin represents the force of development and the progress of civilization, so no one can ban or stop it, no matter how hard they try, they will not be able to stop it because this is the logic of history and the power of change, There is in every era a class or group of veterans who cling to the past who defended the old order and tried to stand in the face of development, but they always failed, this time they will also fail and Bitcoin will be able to follow its path to take its natural place in the era of development and technology. Many countries and institutions stood in the face of Bitcoin at the beginning, but they discovered their mistake and returned to adopt Bitcoin, as will the rest of the countries that still reject Bitcoin. Bitcoin is the future and everyone should realize that.
Yes because bitcoin is worldwide and as long as we have the internet, a country can not do anything to prevent their citizens having and doing transaction with bitcoin. Even a country has banned a lot of cryptocurrency sites, the people could still use VPN. The only thing that a country could do is banning local transaction with cryptocurrency in their country but it doesn't matter at all, because the purpose of cryptocurrency is to trade transaction worldwide.
It can be said that Bitcoin represents the force of development and the progress of civilization, so no one can ban or stop it, no matter how hard they try, they will not be able to stop it because this is the logic of history and the power of change, There is in every era a class or group of veterans who cling to the past who defended the old order and tried to stand in the face of development, but they always failed, this time they will also fail and Bitcoin will be able to follow its path to take its natural place in the era of development and technology. Many countries and institutions stood in the face of Bitcoin at the beginning, but they discovered their mistake and returned to adopt Bitcoin, as will the rest of the countries that still reject Bitcoin. Bitcoin is the future and everyone should realize that.
Those countries which already accepted bitcoin are already familar with high potential wnd interest of people towards bitcoin.
Those countries which are working for that like India,Us and other wanted to make some rule. Government want to centralize bitcoin buy ,sell . in this way they will be able to recieve taxes from their rich citizen. And i think its not bad idea
Those countries which are working for that like India,Us and other wanted to make some rule. Government want to centralize bitcoin buy ,sell . in this way they will be able to recieve taxes from their rich citizen. And i think its not bad idea
Given the nature of this digital currency, there are always conversations to be heard about not buying Bitcoin, as Bitcoin works outside the traditional banking system, so there are too many opponents to it. However, its design is such that no one can create a particular barrier to buying it. If you have access to the Internet and a Bitcoin wallet, you can invest in buying Bitcoin.
Just for the record though, it was created to be a used as micro-payment scheme.
Many countries have struggled to obtain this digital currency. Bolivia, Thailand, Vietnam and Bangladesh, for example, are all trying to obtain Bitcoin. Even more advanced countries such as Russia, Japan, Australia and Venezuela have attempted to legally sell Bitcoin. But it is interesting to note that some countries, such as India and the United States, have not yet taken action in this regard and have not yet defined an official policy on such currencies.
Doesnt't matter if US or India will not defined it as official or legal tender, because I don't think they will. Why it is that we need countries though to make it as legal tender? Bitcoin can thrive in another 10 years.
In general, it should be said that bitcoin cannot be an obstacle, and this is one of the advantages of Bitcoin.
Bitcoin has no barrier, if that's what you mean.
Those countries sees the importance of bitcoin because it has grown big already. While for those countries that has been open to bitcoin for years, they've already seen the potential that it has a disruptive technology and its adoption is inevitable.
The latter countries, they never go wrong with that expectation and so for those countries that still doesn't have a firm stand towards bitcoin. It is okay, they'll lift those bans and will announce that they'll be opening policies to regulate bitcoin so that their citizens are protected from the possible scams and as well as audit most of the bitcoin holders in their jurisdiction upon selling.
The latter countries, they never go wrong with that expectation and so for those countries that still doesn't have a firm stand towards bitcoin. It is okay, they'll lift those bans and will announce that they'll be opening policies to regulate bitcoin so that their citizens are protected from the possible scams and as well as audit most of the bitcoin holders in their jurisdiction upon selling.
Given the nature of this digital currency, there are always conversations to be heard about not buying Bitcoin, as Bitcoin works outside the traditional banking system, so there are too many opponents to it. However, its design is such that no one can create a particular barrier to buying it. If you have access to the Internet and a Bitcoin wallet, you can invest in buying Bitcoin.
Many countries have struggled to obtain this digital currency. Bolivia, Thailand, Vietnam and Bangladesh, for example, are all trying to obtain Bitcoin. Even more advanced countries such as Russia, Japan, Australia and Venezuela have attempted to legally sell Bitcoin. But it is interesting to note that some countries, such as India and the United States, have not yet taken action in this regard and have not yet defined an official policy on such currencies.
In general, it should be said that bitcoin cannot be an obstacle, and this is one of the advantages of Bitcoin.
Many countries have struggled to obtain this digital currency. Bolivia, Thailand, Vietnam and Bangladesh, for example, are all trying to obtain Bitcoin. Even more advanced countries such as Russia, Japan, Australia and Venezuela have attempted to legally sell Bitcoin. But it is interesting to note that some countries, such as India and the United States, have not yet taken action in this regard and have not yet defined an official policy on such currencies.
In general, it should be said that bitcoin cannot be an obstacle, and this is one of the advantages of Bitcoin.
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