Topic: Bitcoin ban, mission impossible (Read 788 times)

it is also included in one of the strategies because each country certainly has its own policies, all of which will be difficult to predict and predict by the country concerned.
regardless of whether bitcoin will be profitable or not we can do anything to urge a country to adopt bitcoin or legalize it because this is a country's prerogative.

Agree, bitcoin will grow wherever it isn't banned, remember that as long as the whole world isn't banning bitcoin, there's room for bitcoin and it's growth. Also, it's impossible for some countries to totally ban bitcoin and crypto because they don't want the public opinion out of their favor, they want the votes.

It's true that the government can't stop Bitcoin at the rate of crypto, it's just that the rules that must be accepted by Bitcoin users in a country are taxation, because it involves investment, the government needs input of funds from crypto income. They have implemented it in our country. The government has been included in the investment category, which is the same as stocks.

I think the best solution is for the crypto community to give an argument that crypto assets are profitable and have the potential to improve the country's economy, I'm sure if we can prove to the government that crypto is very useful then the government will not ban crypto, tax donations are certainly evidence that can make the government open its eyes about crypto.

Maybe some countries can ban bitcoin.  But bitcoin will continue to grow and advance.  Eventually they will accept bitcoins again.  In the future bitcoin will be more popular, many large companies use and invest bitcoin.  major countries have also accepted bitcoin.

Many countries are working on banning bitcoin but it is not possible for them to ban it completely. A few days ago India banned the use of currency but cryptocurrencies from among their Fat could not leave. So even though other countries have passed various strict laws on the use of Bitcoin, they have been forced to continue using Bitcoin.

Many countries around the world have risen up to ban Bitcoin, even though those countries have declared Bitcoin illegal, but it is not at all possible to ban its use from the people of those countries. So It is not possible to destroy Bitcoin at all.

One of the major advantages of Bitcoin is that the whole process of buying and selling bitcoin is anonymous. No one can trace you.  If you still have problems you can use VPN. And that's why the government can't completely ban Bitcoin. Therefore, the governments of all countries should take the benefits of Bitcoin without considering Bitcoin as a threat to their economy.

Governments have to accept bitcoin one way or the other. They may either legalize it and put taxes on it or they may make it illegal's but people will still keep on using it.

Not anymore, bitcoin is very popular now and there's a lot of big interest who is holding it and will surely protect their investment to avoid it from happening. Bitcoin will continue to exist as long as miners will do their share, the government can only limit or ban the platforms but not the entire system of what is running bitcoin. Yes, I agree that it's impossible for bitcoin to be banned.

I think that there is no way all governments are banning cryptocurrencies. They can't take the risk of facing many people who will be against this decision. People like to trade cryptocurrencies and use them where available. And as people continue to use cryptocurrencies, it helps the country financially also actually. Of course, it is like that if there are regulations related to cryptos in that country. Some governments will still keep Bitcoin banned but I think that most of them won't.

The thing about bitcoin also goes side by side with how the digitized(cyber) economy has been regulated and understood by the citizens of that country. If citizens see no threat about things such as crypto no one will be alarmed or will require the protection of the government as protecting its people is one of its responsibilities.
Btw banning bitcoin is a difficult journey as it's not in a physical form that can be locked out of sight to prevent people from using it, the best the government can do is give pros and cons of the digital economy of cryptocurrencies.

The smart move by any government is to allow business to flourish rather than stopping them. All they need to do is make a legal framework, it might take 5 more years, no problem with the delay in making a framework of the law about the cryptocurrency market, but make sure that they will not come up with an outright ban because their brain is not allowing to create a framework for a decentralized currency  .

the fact is the economy is not that simple, we can say that because we only benefit if bitcoin is adopted worldwide and experiences a sizable increase and we will automatically benefit from it.
but if we talk about aspects of government they have other thoughts with the nature of greed and aspects of domination so they want to directly at least be able to control what their people have to add to the country's profits, and when talking about bitcoin this can't be done because of its very nature. The anonymous system in bitcoin also does not support being controlled by the government so that they require them to think further in doing so so that the ban in their opinion is a solution because sooner or later bitcoin will continue to grow and threaten their economy.

On the one hand, everything is as you say, and Bitcoin is probably difficult to stop and many countries would like to use it, but there is another side that raises a number of questions that are not answered. For example, who created Bitcoin and why? There are no answers to explain this, there are only guesses and opinions. And what if someone invented Bitcoin, but could not that someone make it so that Bitcoin has the functions of management and even self-liquidation? We are told that the BTC blockchain cannot be changed or disabled, but is it 100% true? The interesting thing is that no one can 100% confirm that this is so, as well as refute it. The thing is that you and I know exactly as much about Bitcoin as they say, but there is a likelihood that we are still not being told a lot about Bitcoin, and this can be a big surprise at any time. Perhaps it is from such questions that many countries do not rush to accept Bitcoin.

The way Bitcoin is moving forward, it is clear that in a short time it will be acceptable to everyone in the world.  Digital coins are becoming popular in almost all countries
Those who oppose Bitcoin will never succeed. Rather, those countries will fall behind. Therefore, all countries should move forward, allowing the digital coin Bitcoin to be used on an urgent basis.
As a result definitely i called that Bitcoin ban,mission Impossible.  

In actual sense cryptocurrency and especially bitcoin can't be ban because the documents of cryptocurrency has not been released to anyone or anybody, secondly it's impossible for bitcoin to be ban because it doesn't base on one country, a country can only restrict the uses or transaction's with cryptocurrency but they can't ban it due to it's a decentralized currency and it's does not  been manage by a specific country president rather been a social media that can be monitor or control by set of individuals or people, from my perception cryptocurrency is a universal currency that will last forever and it can't be ban.

Banning bitcoin is already common to such countries who have taken strict restrictions for bitcoin just like India and US but it will only end there. Destroying bitcoin will never be possible as long as there are still citizens who are still investing and utilizing bitcoin and continue to access it despite of the government's strong opposition.

And now that even progressive countries are already planning to adopt bitcoin, so it will be too hard already to destruct it. Buying and selling bitcoin will never stop since more and more people have discovered the potentials of bitcoin and how it will be very beneficial to improve one's economy.

This proves that decentralization works effectively, no one can control and stop bitcoin, it all depends on the market and the market, besides China being banned from mining the big news after that was the UK banning Binance from operating, and also proved unable to withstand the continued performance of bitcoin and cryptocurrencies continues skyrocket.

Thank God that there is freedom, the reason why each of us can decide and choose to invest in bitcoin regardless of whether it is prohibited in our countries.

Bitcoin has come to the people first, from the first moment the Bitcoin whitepaper was released on October 31, 2008 and it marked the beginning of our freedom allowing us to survive with it if we had no money.

Peer-to-Peer or P2P is a powerful resource and we must use it as long as necessary to make it popular so that more people can solve their money problems with bitcoin and the crypto space.

The digital nature of Bitcoin doesn’t make it impossible to use it. Transactions P2P, I believe, is even possible in countries with a full ban on Bitcoin, but the problem is: where to get it? They ban exchanges, Tracy your banking account if you’ve linked one to the exchange, and then you face problems and penalties.

Also, you might want to review some of the information you provided here. For instance, you’ve stated that Russia is more advanced in terms of accepting Bitcoin and there’s a possibility to legally sell it, however, while the status of cryptocurrencies there remains legal, the use of them as a payment method is banned.

You are saying people don't buy bitcoin because bitcoin isn't like the "traditional banking system"? If that is the case, then its good they aren't buying bitcoin. Because they know nothing about it and has no clue how cryptocurrencies work. They are dependent on third party institution to handle their assets/finances. I am sure they even if they start investing in bitcoin and gets hacked or loses their coins for some reason, they will end up trash talking about bitcoins.
Yep, as long as you have cash and internet, you can purchase bitcoin. No one can stop you from doing that as long as no one knows you are doing that .

Obtaining Bitcoin is not that difficult mate but they are struggling because they are still naive and Bitcoin though they claim they want to support it but deep down they still have some negative feelings towards it.

Bitcoin is not an obstacle but not on the government watch because the decentralization part of Bitcoin is seen as a threat to the CBDC they are planning to create and their power as a government.

I agree. It is not possible to prevent Bitcoin for good. And I don't think all of the countries in the world will ban Bitcoin. It is not logical. Bitcoin has been a great use for many countries so far. Some governments even started to make Bitcoin legal tender. In such environment, how can I expect Bitcoin to be banned from everywhere? It is "mission impossible" indeed.

Russia is a shady country where the government wants to control everything and as far as I know the Russian government is not friendly when it comes to bitcoin, so putting japan on the same side as russia is something you can't do because japan is more Bitcoin friendly to russia


India is not bitcoin friendly, while the US despite having no bitcoin laws they are bitcoin neutral which allows its citizens to buy and sell bitcoin as they please

There will certainly be many who oppose the state about bitcoin but if you like business in bitcoin then keep going because this is a phenomenon that never knows will be over for sure every year people will know how business in bitcoin will be very profitable even though a lot with full of risk.

If someone asks of course I will answer simply because bitcoin is a currency that will be used in the future and this cryptocurrency will still be used if people still need it.

Is the government just taking advantage of it? then in the end like China did, after everything was drained out and left without giving any waivers?
I hope the government does not use Bitcoin as a profit opportunity, but as a form of full support from various aspects, not only profit aspects. For example, the aspect of community welfare which has already interacted with Bitcoin. As long as Bitcoin taxation is not a burden on the holders, the government will be welcome.

The countries that are still finding it hard to accept Bitcoin are not undeveloped rather they have built an economy that can be independent. Such that they do not need a added edge for reliance.

About shorting down bitcoin, it would those countries cost too much. Bitcoin is decentralised it can't be regulated by anyone. It would take shorting down the internet to stop Bitcoin.

Back in the days where napster was the king in filesharing app, the way peer to peer application did not rely on central point of failure, it flourished and no one can stop it. That is how bitcoin being modeled into . No central authority to refer to, even a brute force attack won't shut it down ... unless the Internet will be shut down indefinitely.

it can be an obstacle for them because they ban btc but for us that knows btc well , btc is more of a tool to help us in our way rather than an obstacle .

there are people that are not confident with banks or on how fiat money works so they are using bitcoin instead . its not only because of the nature of btc on why some people hates it but even in everything theres alsways be a hater .

The country's that are taking advantage of the new technology of blockchain will have advanced development and economic viability in the next few years to come, countries like Venezuela have taken this step already and have accepted bitcoin as a legal tender.

Bitcoin is a very good currency to invest in but it is not considered a safe haven because the crypto market is not stable. No one can say for sure when the price will go down. countries that currently ban Bitcoin are trying to control Bitcoin, thereby controlling their local currency But this is impossible as long as the internet exists

From the year of 2017, the banning of bitcoin was in talk. But still now not a possible task. Because all the time, it added up new people in to his trading. Then the number of investors was increased to huge number. In final, it became an impossible task to the government of many countries.

If our government can ban and closely monitor us, bitcoin won't flourish, remember that anyone can see what you do on the Internet if they have the tools to look at it and monitor you and even restrict your activities online. The reason that it doesn't happen is that the people in power don't want to abruptly do it because a revolt can happen and it might be difficult to suppress that.

Yes theres nothing can stop Bitcoin, as long we have internet, we have unlimited access to it. Even though it's in a forbidden area to have it, as long as there is internet, it's just useless they issuing ban to it. I think it would be more profitable if the government just legalized Bitcoin (with certain rules) rather than dealing with people that do trade and store Bitcoin as their asset illegally.

Yep, governments tends to control everything. They always like to interfere where there are income generating activities or assets. They always feels like everything's deserves to be taxed or regulated.
Now, what they did is to regulate legal crypto exchange and requires KYC before fully using the exchange service.
The essence of anonymity in crypto space has been gradually eradicated.

 Government banning Bitcoin can't Bitcoin, there citizens still trade Bitcoin through p2p. I know many Government officials invest in bitcoin. Bitcoin is now very popular, and the government have to understand that Bitcoin have a bright future. Is obvious some Government banned Cryptocurrency because they can't control it. Bitcoin offers financial freedom, it has no boundaries. Even without the Government legalizing it, bitcoin will definitely keep growing.

This amount to effort in futility to ban a decentralized virtual currency, anonymous use of Bitcoin even make it more difficult to ban, all previous forms of restrictions, bans, clamp down on exchanges in many cryptos unfriendly countries like China should have weakened or distorted the growth and adoption of Bitcoin, however despite those anti-bitcoin policies, Bitcoin still waxes stronger and gaining wider adoption and becoming more popular thus any form of threat to stop is absolutely an impossible mission that can never be accomplished by any government, bank and individuals.

Even there is high chance that we could come up with the ideology to transfer the fund without use of internet.
For example, since the blockchain network works with the public space usage (the ledger thing) the data is available through all the years and for the period upto which the data was synched on the wallet. Later what one can do is, synch the transaction by means of Bluetooth connectivity or NFC for that matter. This will temporarily record the transaction on both the devices that is sender and receiver. Once the wallet is connected to internet it can synch up with mega node and confirm it on the network somewhere.

This way, it would impossible to take down the bitcoin. Who knows some programers might just come up with excellent framework like above to keep the bitcoin going on inspite the fact that it gets banned in the near future. 

I think the main thing is to understand that Bitcoin is not intended to break rules or laws but rather to break paradigms, that is why its use as a digital asset is allowed in most countries.

It is there to be used by anyone who wants to have it like anything else that is bought legal and used in legal parameters, there are many other assets that are used to complete payments and avoid paying more taxes or specific fees for purchases or sales. So many things of value are used as payment methods, it has been that way for a long time and will continue.

So there are many "assets" that work outside the banking system (your comment OP) that there is no problem there, the problem is being outside the law.

But in my opinion, the US is still a country that is friendly to using bitcoin and the proof is that the US country always has the largest number of bitcoin ATMs. Until the regulations are implemented, adjusted and supplemented, it will not be affected by any of their bans. China also doesn't have to ban bitcoin, it just suppresses mining companies because of problems related to electricity and carbon. Bans are only temporary

In fact, the government is the holder of an important role in the case of bitcoin, where any rules issued by the government must be carried out. bitcoin is currently able to develop because the government does not prohibit it from being traded, so the main bitcoin function has not been achieved, but its development is very rapid in the world of investment and trade

In some way, we still do need the government in this picture. Just look at how we convert our btc to fiat, these local crypto exchanges are under the jurisdiction of their respective Central Banks. Unless, you will cash out via p2p but most services available are also asking for kyc documents. No matter what, government will play a role in this crypto adoption, we can't evade them in this scenario.

I agree with you. To deposit and withdraw our Bitcoin on exchanges, we need fiats and bank services. If the government bans it, we will have difficulties in depositing and withdraw on the exchanges. Although we can get Bitcoin from bounties and trade it on exchanges, there should be time to convert Bitcoin to fiats. So, actually, we also need the government to allow Bitcoin investment.

This is what makes Bitcoin interesting, even though we live in a country that rejects Bitcoin and prohibits the use of Bitcoin. But the fact is we can still
have Bitcoin and use it, there are many ways that we can use, in order to have Bitcoin. It is impossible for a country as big as China to stop its citizen
from owning Bitcoin, meaning Bitcoin is impossible to stop. The development of Bitcoin is very rapid, although there are still many countries that
reject Bitcoin. I believe eventually all countries will accept Bitcoin, they will realize that there is no point in rejecting Bitcoin. Because there will be
many benefits that are obtained by countries accepting Bitcoin.

The uniqueness of bitcoin can't be a hindrance of success,  that's why many people trusted this asset even if volatility exist. Though many time bitcoin fought for several challenges specially these days that it's started to recover from previous fall. We need to be more decisive on every decision we had, don't waste every opportunity that's given for us. Banning wouldn't be appropriate for a country  that has been stabilized using cryptocurrency for their people.

That is what happen before, in China, their people run mining illegally, and people will find a way to continue their living no matter how strict is the government to them. The same scenario we found in the other countries.

Definitely, there is a time for them to realize that they are wrong, we'll keep waiting for that. Because at this moment, they are still living in the doubts knowing nothing for Bitcoin but just a huge barrier of their economic growth I'd never think it was, instead, this could help the people become more productive.

The development of bitcoin that is increasingly widespread today makes bitcoin widely known. many countries have accepted it but it is true that there are some countries that prohibit it. I think it's natural that each country has its own policy to accept or prohibit crypto. It doesn't mean that bitcoin's mission has failed because there are also many countries that accept crypto, so the development of bitcoin is also getting better besides the banning of bitcoin in several countries recently. I hope bitcoin will continue to grow and be reliable in the future.

This really could not be more wrong.

On surface level, yes, the government can't technically stop you from buying Bitcoin. But who controls the internet? The government. Who gives you internet access? Private corporations that operate within the purview of the government. The government has the power to completely limit Bitcoin by either regulating it into the ground, or taxing it insane rates to the point it doesn't make sense to trade with it. Right now, the countries that ban Bitcoin aren't established enough to have a large effect on the markets, but if China, US, EU were to try and ban it, you can bet they'd have a massive effect.

Bitcoin is really a mission impossible cause no one even the government can not stop Bitcoin from moving or doing it thing. For many years now Bitcoin had been struggling to get freedom that had been uphold by the antagonist government and individuals that are ready to jeopardize Bitcoin activities. No one can stop Bitcoin although it can be banned temporarily but not permanent.

Not everyone or every country will agree with Bitcoin.
Although Bitcoin is still banned in many countries, it doesn't mean that it can stop the involvement of the citizens of the country to own, invest, or trade Bitcoin.
It is because Bitcoin is decentralized and everyone can use it not based on the rules and regulations of a country. But of course, it may have limitations, moreover when it comes to cashing out Bitcoin into fiat.
I only expect really that many more countries at least will not ban Bitcoin again and accept many more adoption of cryptocurrency

There are countries that see the value of Bitcoin and they'd rather not impede its development, plus its people can't be stopped in acquiring the coin because the demand among them is so high that they may even go to extreme to get it. So in a sense, in these places why try to interfere with the impossible?

And there are other counties which are complete against it for various reasons, and it uses its power to stop the people from getting access to it but in my view this will be futile.

Really, even Bitcoin becomes a solution in improving the economy of a country if they see it all. Bitcoin has potential that states and governments cannot own unilaterally. In this way, the impact that extends gives unlimited freedom. The US and India have not yet decided in its entirety, but their citizens are still active in Bitcoin exchanges without being noticed. We who are far from these countries are still in the introduction stage between Bitcoin and the government. So it's likely to be even closer.

I was confused reading your statement about obtaining the currency  . Some countries tries to restrict the front end exchange by restricting the central bank to trade with cryptocurrency exchanges and business ventures or outright ban them. All they can do is to disrupt and nothing more.

Countries like India took action against cryptocurrency exchanges through the central bank and the community fought against that in Supreme court and won the case and that is how these exchanges started operating again.

Unlike POS coins that are run in a limited number of nodes, BTCitcoin is decentralized.

Yeah it feels like a normal thing in the way that those bans aren't even permanent anyway, though it depends to some countries. I recall last year when Russia even stopped it total ban in cryptocurrency. Cashless policy feels like still a meh, even though that could possibly lead to mass adoption of cryptos. There are still many people out there that are not used to modern technologies hindering these cashless transactions since most of the time it would involve those technologies we usually use today that is somehow seen now as "common thing".

I've come to hear of bitcoin being banned far too many times that, it almost feels like a normal thing already. This is one impossible task and the earlier the government settles with this reality, then they can see ways through which bitcoin could be incorporated into the system to make the living of the citizenry simple and better which would in turn reflect positively on the government. It would lead to to true cashless policy too.
The note printing would be another way to the regulation as some transactions could be only done using fiat currencies, especially for the purchase of goods from merchants that aren't technologically inclined.

That's what makes them going to be stronger.

If they add some investments and allowing bitcoin for their citizens, they're likely going to have another way of going to contribute to their entire economy despite they're already strong in terms of it.

Regulating its users seem to make more sense for the government than having to control the network (blockchain). Government cant ban bitcoin, but they can prohibit users from using bitcoin in the jurisdiction of a country. Example: Indonesia prohibit bitcoin users from using it as a mean of payment but they allow bitcoin users to trade and invest on their own responsibility. This is a form of government control over these asset. Of course that something that is controlled will benefit the government or other interested parties.

Well, it all depends on the leadership of a country. Leadership with progressive people in it, have opted for bitcoin and people with regressive mentality in the leadership, have decided to ban it. India's crypto bill is on the way and possibly within next few weeks, you all will hear sad news from India that the government has decided to ban bitcoin.

However, having said that, it is really impossible to enforce the ban. The law can have its provisions for banning it, but to practice that in reality, is a whole different story! So it's not wrong to say that banning bitcoin is a mission impossible! But negative legality will definitely discourage a lot of people!

Really? can you name some of this developed countries that have already legalize btc! because to me it seem most countries are yet to decide what policy to impose on btc usage, some countries are neutral about the situation, not legalize or ban it, while country like el-Salvador have openly legalize it although am not sure how successful that has become, how the citizens are cooping with the new payment system.
Most government of different countries seem to be confuse on how best to approach btc to fit in their economy, but soon they will be force to take this decision when they realize they can stop it from speeding.

bitcoin can not be stopped and destroyed because there are so many bitcoin users around the world. Bitcoins can give someone a huge profit from holding a few bitcoins for the future. I think it's more to gain than lose if we have some Bitcoins, I think this factor is what makes some governments accept bitcoins as currency.

They cant totally banned it but they would really be focusing rather into those platforms that could really be controlled or on where they could able to put up restrictions but talking about banning directly is something

that they had been doing for years already but still failed to do so and thats why most of governments do really hate up when talking about crypto or specifically with Bitcoin. Mission impossible on the sense of direct banning or getting control of it but  it could really be possible in the sense of targeting centralized platforms.

We've seen lots of bans from here to there but still Bitcoin stood strong and do even hit up all time highs.

Yeah its right when the whole world is depending on technology they are upgrading them self with innovative thing what virtually can possible. Yes its true that people are now mostly interested in virtual thing to try like ebook, e-learning types of products becoming more popular than physical. Now people wants to do their work within a moment. Now they want to do lots of work Through smartphone or computer at home. And bitcoin is mostly becomes popular as a best investment option for everyone because of its price. Though its become popular day by day for people so government should take step to make it more user friendly and government friendly they can't make it banned anymore. Thats why lots of country are doing progress on it. As per my prediction.

Solidarity can cut down bitcoin's deepest roots and like the bitcoin mines in China, the government just need to seriously make the rules then the enforcement teams start to carry out their duties, the miners won't have land to open factories but unity has never been achieved in the majority, old and new enmities between nations are relatively numerous, they have their own ambitions on the world battlefield. Since then, bitcoin is like a horse that can run around without fear of a ban, its land is too wild for the government

Countries that have not yet recognized Bitcoin will gradually recognize Bitcoin. Countries that have recognized and re-banned Bitcoin have reported negative effects on Bitcoin.In addition to banning Bitcoin by evaluating its use, Bitcoin has thrown away mining machines.

Son of Dane..

If you check you will see that most countries that have legally accepted Bitcoin are a developed country who knows the importance of technology and a digital world. For the underdeveloped ones they need to know the benefit  and I hope they get it soon

So it's a matter of control.

Edit: Space for oneliner.

The countries which have not adopted crypto yet are still not fully familiar with regulating cryptocurrencies.
Many countries are worried for their citizens and that it will increase the amount of online fraud.
Many countries are still worried because cryptocurrencies like bitcoin is a strong competition to their tradition fiat currency.
Many countries are worried that it will increase money laundering and corruption.

While these countries are facing such issues I am positive that they will find a way through it and will soon adopt cryptocurrencies.
Some countries have already started the adoption of cryptocurrencies and other will just follow their lead.

The reputation of bitcoin over the years was taken care of over the years and having it getting banned by some countries specially China is something that might confuse many. Those countries who chose to restrict the use of bitcoin might have their reasons like they see cryptocurrencies and bitcoin as a threat to their economy or to their power over the citizens. Bitcoin's purpose is to introduce convenience in transactions and give financial freedom to many but when it come to the betterment of the economy of a country, we cannot rely bitcoin to aid that one so we should know what role bitcoin plays in a certain country.

They or countries that are still not open to bitcoin, they have not seen an opportunity from the positive side of bitcoin. If only they could understand the many advantages that can be obtained if they are willing to accept bitcoin openly. Unfortunately they still hold fast to physical money as a necessity that is owned by all citizens.

each country has their own way and system in the adoption of bitcoin. We cannot prevent government authorities from making certain policies, especially in the prohibition of bitcoin.
but this doesn't always last long.
besides that as long as the internet is running well even though some countries prohibit the circulation of bitcoin the results will still be the same, bitcoin will still be one of the popular currencies.
because even if it is prohibited in a country there will definitely be at least some people who will use different paths so they can access their wallets and I am sure of this

Even all governments in the world unite to stop bitcoin, they cannot stop until there are still few miners left.  They can "pause" bitcoin blockchain by ordering to stop the internet connection around the world but once the internet comes back, bitcoin blockchain will continue.

Banning Bitcoin doesn't mean a government would prevent using it. Banning means they aren't allowing it to deal officially. Today or tomorrow most counties will welcome when they will realize Bitcoin technology. Technically it's impossible preventing Bitcoin use. Governments are just worried that they are unable to control it and they never want to give us financial freedom.

That's the reason why peoples choose black market to trade Bitcoin where it's not allowed.

The only way to stifle Bitcoin is to make people no longer need it. If no one wants a devaluation-proof, anti-censorship, permissionless, borderless, non-discriminatory, and tradable financial asset, then no one will provide computing power to Bitcoin, and it will naturally die.

But due to well-known reasons, at least in recent decades, we have not seen this day.

Only a matter of time for these countries although not all countries like China, Russia and other superpower nations, they have a strong economy that they don't need reliance towards bitcoin and they're just too paranoid to have something that they can't control be freely used by their citizens.

There has been no prohibition for more than a decade, and it would be a good ‘wise’government to waste time trying to figure out how. What the government should be thinking about right now is coexistence, integration.

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countries cannot control most things produced independently.. but they can..
seems confusing.. let me explain


when anything is created away from government there are no laws, no restrictions at first.. so they have to create a law to restrict it first. and then create a amendment/new policy with conditions/licences of allowing use

they do this not by telling the product to stop.. but to tell citizens they are breaking the law for getting involved with the product. to then have a gateway to create a licence/policy of conditions where people can then get involved again if they meet government requirements

it is like alcohol pre 1917.  there really wasnt any regulation on alcohol production. no quality assurance, no age limit. so government had to ban it. to then in 1933 allow its production and sell with new restrictions and regulations

the war on drugs took alot longer. but still involved banning it, to then allow licencing it

a government cant licence something unless they first ban it under their law
without banning it they cant control it or later licence it. as its just open to use by anyone for anyone for any reason without the initial ban

governments will never control the blockchain direct. but they dont have to. they only have to control PEOPLE that use the currency of the blockchain

It is true that you can't throw bitcoin out of your country because it exists outside any borders and is evolving way faster than the government takes action trying to stop it via different laws. The problem is that people living in countries, those that don't embrace new technology, don't accept the fact that bitcoin is inevitable are suffering economically, politically, socially, physically, and psychically. If a hostile government, by all means, tries to ban bitcoin usage in their country, it will make people's lives even harder. For example, the government knows that the bitcoin network needs the Internet to convey information about blocks and transactions, and they will ban the private usage of the Internet. Surely, the enforcing of such laws is not an easy task but these measures can slow down the adoption of bitcoin and make it more difficult for people to run their own nodes. Therefore, less decentralization.

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.

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.

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

Just for the record though, it was created to be a used as micro-payment scheme.


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.


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.

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.