Topic: bitcoin is banned - page 6. (Read 5190 times)
China and Russia didn't ban it, so we have no worries yet. The countries that made it illegal are too small to affect us in any way. Yes, the two countries making Bitcoin illegal would mean a big, BIG change (the price would freefall) but I don't see that happening.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Bitcoin is only banned in 2 or 3 small countries that nobody cares bout. and in the rest of the world, specially the big developed countries bitcoin is not only banned but also recognized as a legal thing.
Russia has never banned bitcoin, in fact they have the biggest conferences each year taking place in Moscow (the capital) about bitcoin.
China has never banned bitcoin. their central bank even issued an statement saying "it is legal for any person to buy, hold, trade and use bitcoin"
same goes for other countries. Japan for example, has announced bitcoin to be a legal currency.
Bitcoin cant be banned even if countries like Russia, china tries to ban. Bitcoin is over the governments and since its online presence make it impossible to ban.
The place where it is ban, people can still earn and use bitcoins online, so fully ban of bitcoin is impossible.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Maybe there should be justified I think. Russia was ever banned the use of bitcoin but at the end of 2016 they accept bitcoin, and bitcoin far as I know in China are not banned fully but if the banks and financial companies using Bitcoin was banned. And now has begun a lot of countries that accept bitcoin, so in the future bitcoin can grow and become global. 
as a far as i know only in bangladesh and venezuela there is a real ban and they can put you in jail for that, russia was undecided for a long time and they restricted it at soem point but right now they do not ban it
2 country will hardly make any difference especially because they are very small in terms of population
2 country will hardly make any difference especially because they are very small in terms of population
Well bitcoin is banned in some countries but they can still used it through TOR or something like that,
I think that government doesn't really accept bitcoin since they can't control it and they don't have profit through it.
I think that government doesn't really accept bitcoin since they can't control it and they don't have profit through it.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Bitcoin is not controled by government like Russia and China it can become global currency if all of the people around the countries
and use bitcoin for payment method on daily real life,
mass adoption are more good than baning from the governmet.
Op you have got all your facts entirely wrong and some one has misled you really badly. Russia has never banned Bitcoin, if you Google you can read about the conferences that takes place. China can be considered the mother of Bitcoin they have never banned it, if you are referring to the crackdown on exchanges on China that phase is over and Bitcoin has long moved on to it. Do you know that a School in India accepts Bitcoin, swizz accepts Bitcoin as payments, you can book a cab using Bitcoin in Italy I suppose, there is a online mall also. If you put a demographic picture you can see Bitcoin is used by each and every country now so my advice would be to Google such stuff or just browse through this thread sections.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
What is the source of this claim 
China and Russia actually love to use bitcoin and china is the heaven for bitcoin miners. No any country have banned use of bitcoin, if some government want to ban than they can just ban local bitcoin trading platform. Nobody can stop/ban bitcoin transactions and nobody can shutdown whole bitcoin network.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
What is the source of this claim China and Russia actually love to use bitcoin and china is the heaven for bitcoin miners. No any country have banned use of bitcoin, if some government want to ban than they can just ban local bitcoin trading platform. Nobody can stop/ban bitcoin transactions and nobody can shutdown whole bitcoin network.
I don't think China is banning bitcoin yet, there are a lot of user from china and Russia, the banning is because the government can't control the transaction from bitcoin, when a lot of shops are adapting bitcoin I think it will be hard for government to banned bitcoin anymore, because the transaction anonymous so the government will having a hard time to figure out whether the transaction is from their country or other country
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Bitcoin is already a global currency , Secondly I want to you that in China , ban of bitcoin is about impossible because the CHINA is the mazor country who is bitcoin genrator through mining and also have bitcoin bank and officially the government of the China declared bitcoin as legal thing and nothing is bad to use it .So bitcoin is already a global currency but its user are very less according to the population of the world .
So probably it will take much time to became officially global currency .
Bitcoin is banned on those countries because they cant able to centralised it but it doesnt mean that bitcoin users on that country cant already use,they can still since transaction arent traceable at all which means its still okay it not totally restricted when it comes to its users maybe on services but not on them.This is just my opinion.
2 countries wouldnt be nothing at all if the remaining countries would adopt it.
2 countries wouldnt be nothing at all if the remaining countries would adopt it.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Where did you get this news from.?
I don't know how people think like this. Do you know that China holds the largest number of miners in the world.?
The government may hate Bitcoin for it's features but they can't ban it.
If they can't ban it. Why there's country that can ban it? They can banned it, but they can't stop bitcoin. They can't stop it because many people see it that this bitcoin has a good potential.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Where did you get this news from.?
I don't know how people think like this. Do you know that China holds the largest number of miners in the world.?
The government may hate Bitcoin for it's features but they can't ban it.
Right,there were some issues too that China owns bitcoin,though it wasn't been confirmed and there is no confirmations on it. Bitcoin might banned in some countries but it will be hard to implement and same with government controlling on it it's impossible to do so.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Your title is misleading,you should change it.
Even if some countries ban bitcoin,the people in those countries will continue to use btc.
Bitcoin was restricted in Russia but thousands of russians were using btc despite the restrictions.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Where did you get this news from.?
I don't know how people think like this. Do you know that China holds the largest number of miners in the world.?
The government may hate Bitcoin for it's features but they can't ban it.
I agree with pooya87 & Dudeperfect.
These countries merely put some kind of "restrictions" in dealing with BTCs & not ban the use of it.
Because in reality, it would be a tough tough move for them to even regulate the utilization of bitcoin
as there's no one governing it.
These countries merely put some kind of "restrictions" in dealing with BTCs & not ban the use of it.
Because in reality, it would be a tough tough move for them to even regulate the utilization of bitcoin
as there's no one governing it.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Bitcoin is only banned in 2 or 3 small countries that nobody cares bout. and in the rest of the world, specially the big developed countries bitcoin is not only banned but also recognized as a legal thing.
Russia has never banned bitcoin, in fact they have the biggest conferences each year taking place in Moscow (the capital) about bitcoin.
China has never banned bitcoin. their central bank even issued an statement saying "it is legal for any person to buy, hold, trade and use bitcoin"
same goes for other countries. Japan for example, has announced bitcoin to be a legal currency.
Exactly, These countries are giving the warning to discharge their responsibility towards bitcoin. Since there is no organisation which controls the bitcoin, there is no consumer dispute mechanism structure and thus governments want us to use fiat currencies so that they can control the things.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
Bitcoin is only banned in 2 or 3 small countries that nobody cares bout. and in the rest of the world, specially the big developed countries bitcoin is not only banned but also recognized as a legal thing.
Russia has never banned bitcoin, in fact they have the biggest conferences each year taking place in Moscow (the capital) about bitcoin.
China has never banned bitcoin. their central bank even issued an statement saying "it is legal for any person to buy, hold, trade and use bitcoin"
same goes for other countries. Japan for example, has announced bitcoin to be a legal currency.
How can bitcoin become global when not so few countries, including Russia and China, ban it?
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