The reality now is that Bitcoin was banned on some countries but because of it's decentralization wherein people can use it anonymously so whether the government like it or not their citizens will find ways to be involve in crypto as long as they don't get caught. Even if the government don't give their full support, I'm pretty sure that Bitcoin will still exist because we have a huge crypto community that continuously use these technology.
Well, it's very basic that people will use the available choices that doesn't look like a good idea to them but technically not a bad idea for the government too. And it is using the anonymous surfing apps just to use their crypto besides, the government can't really ban any usage of cryptocurrency to the people, they can just ban the exchanges for trading it inside of their country. 
Topic: Bitcoin cannot be banned - page 2. (Read 1170 times)
Bitcoin is decentralized and it can never be ceased.
However, government can apply strong negative force on it and ban it indirectly. They can regulate mining or other activities that are vital for Bitcoin and paralyzed the network easily.
The power that they have over the bitcoin is that they can regulate it but they can never ban it or even be able to control it because of its locked system. When we even talk of regulating it, they can only regulate it by manipulating it the way that china is doing so that people can get discouraged about it, and still at that, people can get discourage about using it as digital asset but can never get discouraged about using it as means of payment.However, government can apply strong negative force on it and ban it indirectly. They can regulate mining or other activities that are vital for Bitcoin and paralyzed the network easily.
This is still the easiest means of making payment across the bother that I have ever seen and this is also one of the benefit that some countries that have adopted it have seen that is making them give full support and even if countries like china ban mining, there will still be some countries that will be opened to accepting.
The reality now is that Bitcoin was banned on some countries but because of it's decentralization wherein people can use it anonymously so whether the government like it or not their citizens will find ways to be involve in crypto as long as they don't get caught. Even if the government don't give their full support, I'm pretty sure that Bitcoin will still exist because we have a huge crypto community that continuously use these technology.
It is impossible to stop bitcoin which has a decentralized system, all transactions are recorded on the blockchain and anonym.
Except for just stopping its circulation through government regulations which in my opinion make no sense. But in my opinion it doesn't limit how bitcoin can develop into bigger than it is today.
Except for just stopping its circulation through government regulations which in my opinion make no sense. But in my opinion it doesn't limit how bitcoin can develop into bigger than it is today.
To be completely fair BTC is not anonymous at all. If the measures aren't taken by an individual to make transactions concealed the whole history can be easily tracked using specialized software, both by companies and individuals. So please don't confuse anyone that it's anonymous, it's pseudonymous. But there's way to make transactions more stealthy by using mixers and other measures, you can read tons of materials about it. Another point is that BTC can be easily stopped by stopping all exchanges that exchange it to fiat currencies, guess I don't have to explain that.
let them say bitcoin will die, but I believe that bitcoin cannot be killed by a big country though, I like the way it works because it makes it easier for people to make transactions without having to have a third party, the more they try to drop bitcoin but bitcoin will continue to grow with many large communities every day, those who say democratic countries should be ashamed of banning all people's rights to use bitcoin
With how communities are reacting to this industry, most government will no longer suppressed the use of bitcoin and more and more peoplewill be there to support this crypto coin, innovations are being embrace and part of that is this crypto industry to move forward and continue
to have more support. It's a matter of time when all those countries will change mind regarding to this market.
It is impossible to stop bitcoin which has a decentralized system, all transactions are recorded on the blockchain and anonym.
Except for just stopping its circulation through government regulations which in my opinion make no sense. But in my opinion it doesn't limit how bitcoin can develop into bigger than it is today.
Except for just stopping its circulation through government regulations which in my opinion make no sense. But in my opinion it doesn't limit how bitcoin can develop into bigger than it is today.
There'll always some people who confront something and they will become denial like that for another decades until bitcoin prove itself. Most of the people also said that bitcoin couldnt work because it;s backed by nothing but I don't think that's true. Everything in this world has value because people says so, like diamond which is only a transparent stone and it's expensive because people says so even though it's not a rare mineral.
even if bitcoin banned no one could actually stop people from using it, basically it's true that it's actually cannot be banned.
even if bitcoin banned no one could actually stop people from using it, basically it's true that it's actually cannot be banned.
It's more interesting to see how the cryptocurrency space works when the whole Internet is shut down like currently in Iran. We all have to hope for satellite internet sponsored by SpaceX apparently.
Link: https://www.engadget.com/2019/11/17/iran-shuts-down-internet-access-fuel-protests/
There'll always some people who confront something and they will become denial like that for another decades until bitcoin prove itself. Most of the people also said that bitcoin couldnt work because it;s backed by nothing but I don't think that's true. Everything in this world has value because people says so, like diamond which is only a transparent stone and it's expensive because people says so even though it's not a rare mineral.
even if bitcoin banned no one could actually stop people from using it, basically it's true that it's actually cannot be banned.
even if bitcoin banned no one could actually stop people from using it, basically it's true that it's actually cannot be banned.
why banning bitcoin ? because bitcoin is a fast transaction that help marchent of all country in world . that can help merchant that make product and want sell . i think there no benifit of banning bitcoin for all people . it is deficult for creating again this popularity bettwen all users of internet that already created since 10 years at latest
There were some countries that have tried to banned bitcoin and the use of them and cryptocurrency in general. Well, those government cannot really stopped its people from using bitcoin. There is always a "way" for them to use it. The harder they tried to restrict bitcoin only made more news about bitcoin keep coming hence make a lot of people that never heard of bitcoin become curious. It makes bitcoin spreading all around the world. And people started to wonder why is it restricted and all. And nowadays more countries starting to adopt bitcoin and blockchain, so other countries might follow if it's prove its worth.
From the very nature of itself decentralized meaning no central authorities controlling at the center of it, thus, permissions, deployment, and other stuff that can control it ain't existing. Though it can be manipulated by whales but it is a different story though. The nature itself defies such banning stuff out there, bitcoin really cannot be banned but the use of it can be, though transactions can be made under the surface level wherein government are blinded.
let them say bitcoin will die, but I believe that bitcoin cannot be killed by a big country though, I like the way it works because it makes it easier for people to make transactions without having to have a third party, the more they try to drop bitcoin but bitcoin will continue to grow with many large communities every day, those who say democratic countries should be ashamed of banning all people's rights to use bitcoin
With how communities are reacting to this industry, most government will no longer suppressed the use of bitcoin and more and more peoplewill be there to support this crypto coin, innovations are being embrace and part of that is this crypto industry to move forward and continue
to have more support. It's a matter of time when all those countries will change mind regarding to this market.
Just by even looking at our news about current developments you will see that more and more governments are being in favor with having a crypto industry in their country. Even the ones who have a conservative government or has strict views with crypto are starting to change their views and opinions about it, this only means that they are starting to see the benefits and opportunities they will have economically and financially if they become a crypto friendly country. The cons are also not that bad if they can be prevented with enforcement and additional laws.
Of course and that is logical development of situation. Governments also want to benefit from cryptocurrencies and they are aware they've become a part of the modern society so they have to find the way how to fit it in the formal legal and economy system the best. To my opinion all those theories about Bitcoin ban didn't have any solid ground and sone members of Bitcoin community just wanted to feel as rebells or kind of outcasts.
Maybe only few underdeveloped and countries with strict authoritary governments will decide to go with ban but that will only be exception.
Just by even looking at our news about current developments you will see that more and more governments are being in favor with having a crypto industry in their country. Even the ones who have a conservative government or has strict views with crypto are starting to change their views and opinions about it, this only means that they are starting to see the benefits and opportunities they will have economically and financially if they become a crypto friendly country. The cons are also not that bad if they can be prevented with enforcement and additional laws.
let them say bitcoin will die, but I believe that bitcoin cannot be killed by a big country though, I like the way it works because it makes it easier for people to make transactions without having to have a third party, the more they try to drop bitcoin but bitcoin will continue to grow with many large communities every day, those who say democratic countries should be ashamed of banning all people's rights to use bitcoin
Those countries who banned Bitcoin not really banned the Bitcoin itself but banned their government and citizens from utilising the technology. Banning Bitcoin is total myth but it is possible if the government ban the internet first. 
And people nowadays really smart and they still can use anything to access bitcoin site like wallet, exchanges, etc although their government already blocked their access. With that maybe exchange already do something to prevent them to get any problem with regulation from some countries with KYC. But to fully banned, like what you said, need to ban internet or maybe internet must be dissapear first from the country. As time passed by those users like traders and crypto currency enthusiasts are clever enough due to the experienced that they have. Many are scammed by those not legit negotiation as they can't stop them as well as the dominant of bitcoin. Also, I don't think that it can easily be banned but still possible, and it takes many sectors from the government that can be totally banned on the country but it will not be banned globally and here in cyber world.
I don't think anyone can stop bitcoin globally because there is no decentralized bitcoin authority that can stop bitcoin. America and China can't even stop bitcoin. China can only issue a regulation prohibiting bitoin in its country. bitcoin is still growing rapidly in other countries. bitcoin can be banned or rejected by certain countries. the prohibition of bitcoin makes its citizens unable to access and invest in bitcoin. but I am always optimistic that if more and more large countries support and adopt bitcoin, other countries that initially reject bitcoin will also be able to accept bitcoin later.
An interesting read on the economics of Bitcoin:
https://www.unchained-capital.com/blog/bitcoin-cannot-be-banned
Excerpt.
The Progression of Denial & Stages of Grief
The skeptic’s narrative consistently shifts over time. Stage one of grief: bitcoin could never work – it is backed by nothing. It is nothing more than a present-day tulip mania. With each hype cycle, the value of bitcoin rises dramatically and is then followed by a correction. Often extolled as a crash by skeptics, bitcoin fails to die and in each instance, it finds support at levels higher than prior adoption waves. The tulip narrative becomes tired and the skeptics move on to more nuanced issues, re-anchoring the debate. Stage two of grief follows: bitcoin is flawed as a currency. It is too volatile to be money, or it is too slow to be a payments system, or it cannot scale to satisfy all the payments in the world, or it wastes energy. The list goes on. This second step is a progression of denial and it is a significant departure from the idea that bitcoin is nothing more than nothingness.
But the interesting thing is that many of the governments have adopted the blockchain and on the other hand they hate bitcoin and even forbid it. https://www.unchained-capital.com/blog/bitcoin-cannot-be-banned
Excerpt.
The Progression of Denial & Stages of Grief
The skeptic’s narrative consistently shifts over time. Stage one of grief: bitcoin could never work – it is backed by nothing. It is nothing more than a present-day tulip mania. With each hype cycle, the value of bitcoin rises dramatically and is then followed by a correction. Often extolled as a crash by skeptics, bitcoin fails to die and in each instance, it finds support at levels higher than prior adoption waves. The tulip narrative becomes tired and the skeptics move on to more nuanced issues, re-anchoring the debate. Stage two of grief follows: bitcoin is flawed as a currency. It is too volatile to be money, or it is too slow to be a payments system, or it cannot scale to satisfy all the payments in the world, or it wastes energy. The list goes on. This second step is a progression of denial and it is a significant departure from the idea that bitcoin is nothing more than nothingness.
At this point, I think you understand what I mean, because there is an attempt by the government to monopolize this system.
Those countries who banned Bitcoin not really banned the Bitcoin itself but banned their government and citizens from utilising the technology. Banning Bitcoin is total myth but it is possible if the government ban the internet first.
And people nowadays really smart and they still can use anything to access bitcoin site like wallet, exchanges, etc although their government already blocked their access. With that maybe exchange already do something to prevent them to get any problem with regulation from some countries with KYC. But to fully banned, like what you said, need to ban internet or maybe internet must be dissapear first from the country. 
Those countries who banned Bitcoin not really banned the Bitcoin itself but banned their government and citizens from utilising the technology. Banning Bitcoin is total myth but it is possible if the government ban the internet first.
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