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Topic: Bitcoin is not to banned or rejected (Read 1218 times)

jr. member
Activity: 490
Merit: 1
December 16, 2018, 09:03:38 PM
Nobody can ban and reject bitcoin, bitcoin has grown and has its advantages and disadvantages, all of which have benefited its holders. No one or the government can stop the bitcoin unless the internet world stops and does not work.
full member
Activity: 574
Merit: 100
Bitway.net - The Best Bitcoin Mining Network
December 16, 2018, 08:43:37 PM
Bitcoin is the best thing for using as e currency payment, more easy and faster using bitcoin or altcoin than we have use cash or real money for sending and make payment, we have other optional by using bitcoin as e currency.
full member
Activity: 616
Merit: 100
December 16, 2018, 08:11:32 PM
bitcoin is not rejected or banned by anyone, but the government still keep watch the bitcoin and cryptocurrencies.and if you ask how to get away from fraud is simple. you need to see and make a research about your next move, so before you do next move you need to make some research about it
member
Activity: 812
Merit: 11
December 16, 2018, 07:23:07 PM
If hard for government to ban or reject bitcoin. First, bitcoin is decentralized cryptocurrency and second is no authorities or CEO control bitcoin supply or data. As decentralized cryptocurrency, no one government can touch bitcoin because its over beyond their regulation
full member
Activity: 602
Merit: 118
December 16, 2018, 04:32:30 PM
Therefore, I think it is time for stakeholders in various countries, especially in countries whereas crypto-capitalexchanges trading ecosystems is high, must think about creating and compiling clear regulations related to cryptocurrency to prevent future potential problems.

You are right, but this is not easy to do, because state officials are more likely to complicate their existence and circulation, even they are not reluctant to make even harder restrictions, if it turns out the popularity of Bitcoin "BOOM" is more popular and used by the public than eyes conventional money.

Because we know Cryptocurrency has become an unavoidable necessity and Crypto is not for us to avoid but must be seen as a potential for benefit and global progress.

Sure enough, if every government had a more advanced mindset like what the Japanese government does now, maybe the positive potential and benefits it brings would greatly help the wider community, especially for people who are financially disadvantaged, as well as people who don't have bank accounts.
sr. member
Activity: 630
Merit: 251
December 16, 2018, 04:24:40 PM
The mere fact that it's digital asset, it's not going to lose its value unless there's a new world that is bigger than the digital itself or there has been a universal digital asset to be created.
full member
Activity: 952
Merit: 107
December 16, 2018, 04:05:04 PM
bitcoin will become stronger in the future, and online transactions will switch to bitcoin and bitcoin will never be rejected again.
in my opinion bitcoin is not rejected it's just that it's an illegal currency and a lack of licensing from the government, even so we can still use it as long as there is still internet network. yes, maybe all will switch to the digital world, but all that also requires a long process and time.
I agree. Maybe it is not yet introduce on a government but the people used it, it does not mean being rejected but has approval for legal use. But sometimes it is getting banned because on using it in illegal transaction which have to control by the government. It is adapted by online stores and even some offline, that is the start of using digital currency for fast transactions.
full member
Activity: 644
Merit: 111
December 16, 2018, 03:28:37 PM
Although cryptocurrency has risks, it still exists and is used by many people. People and various companies continue to invest in it, they see the potential in it. Yes, investing in crypto carries great risks, but it can also change anyone's life for the better. Where there is a big risk, there is more chance of great success.
sr. member
Activity: 742
Merit: 250
December 16, 2018, 02:49:54 PM
bitcoin will become stronger in the future, and online transactions will switch to bitcoin and bitcoin will never be rejected again.
in my opinion bitcoin is not rejected it's just that it's an illegal currency and a lack of licensing from the government, even so we can still use it as long as there is still internet network. yes, maybe all will switch to the digital world, but all that also requires a long process and time.
sr. member
Activity: 1554
Merit: 260
December 16, 2018, 01:46:19 PM

I question my self that do we can be free or stay away from fraud?


If we use Bitcoin as a payment tool, there will always be the risk that someone will come up with an idea on how to cheat us or extort money. In fact, only keeping coins in encrypted wallets gives (almost) 100% security.

This applies to all forms of payment, not just cryptocurrencies. There is no perfect solution.
sr. member
Activity: 504
Merit: 250
December 16, 2018, 01:42:18 PM
Do not think bitcoin is to be banned. As a matter of fact some governments try to think of its use. The only problem it has to be regulated somehow to make it safer and keep it away from the crime world.
sr. member
Activity: 1484
Merit: 253
December 16, 2018, 01:13:29 PM
in my country crypto currencies are not prohibited from being accessed and rejected but in my country it is prohibited to transact directly with not through the relevant bank
Bitcoin's adoption and legalities depends on countries or territories norms and standards, because each has its own line of rules. I think many countries are still not aware about Bitcoin or maybe some are aware but they are just not interested about it. There can really be a lot of factors why other countries accepted Bitcoin while others banned or rejected it. I believe what's lacking here is the proper education to the public, the awareness and full understanding of what Bitcoin is and on how it works. If we get to change the mindset of the people it can have a big impact for the growth of Bitcoin, it can bring more good opportunitues that could result to have a good quality of life. Let's use it responsibly and correctly, and let us all stay positive and be hopeful.
copper member
Activity: 166
Merit: 1
December 16, 2018, 06:46:18 AM
Bitcoin is not ban all around the world but some of the countries where the Government of that country has against using crypto. In our country the issue of crypto regulation is pending under the jurisdiction of law. Government of maximum country are study for its regulation where its already regulated.
sr. member
Activity: 854
Merit: 251
December 16, 2018, 05:00:35 AM
in my country crypto currencies are not prohibited from being accessed and rejected but in my country it is prohibited to transact directly with not through the relevant bank
member
Activity: 868
Merit: 16
December 16, 2018, 04:40:45 AM
To my knowledge people have talked much about bitcoin bane and it's rejected from the world but still they are not successful and it won't be true even we will not see that time when bitcoin will reject from the world and it is not controllable so people can use it every where in the world with out any further force and people use it for their good usage now.
Some government of different countries are rejecting bitcoin, we dont know the real reasons why they are doing this but it is a bad thing becaise they did not accept the next future currency of our world. Still bitcoin is on the top although some coutries are against to bitcoin.
I think the main cause of every government prohibiting bitcoin is that bitcoin is identical with negative things such as money laundering, terrorist funding or tools for illegal transactions. The government only sees from these 3 factors, indeed, we cannot deny that bitcoin can be used for these 3 functions, but certainly the government must be able to be fair, because not all users of bitcoin are mentioned above.
full member
Activity: 644
Merit: 100
December 16, 2018, 04:35:48 AM
To my knowledge people have talked much about bitcoin bane and it's rejected from the world but still they are not successful and it won't be true even we will not see that time when bitcoin will reject from the world and it is not controllable so people can use it every where in the world with out any further force and people use it for their good usage now.

For me, Bitcoin is not deserved to be banned without trying to it. Some basis to reject or banned bitcoin is because it can use to in some illgeal activities which is very wrong because it can cause to reject cryptocurremcyto avoid this kind of things. Hopefully, this kind of reason will gone in the future and many people are embrace cryptocurrency to have a good profit.
hero member
Activity: 1722
Merit: 528
December 15, 2018, 09:05:05 PM
bitcoin will become stronger in the future, and online transactions will switch to bitcoin and bitcoin will never be rejected again.

Bitcoin is already a strong cryptocurrency.

The price of Bitcoin is a proof that it is strong and still strong up to now. The price of it might be falling down but it is normal for cryptos since they are all decentralized and they are volatile. Bitcoin even in the past is rejected and it is part of being a new thing in the world to be rejected, the most important thing is the even though a lot of people rejected it, a lot more will be accepting it.
hero member
Activity: 1148
Merit: 504
December 15, 2018, 08:58:11 PM
To my knowledge people have talked much about bitcoin bane and it's rejected from the world but still they are not successful and it won't be true even we will not see that time when bitcoin will reject from the world and it is not controllable so people can use it every where in the world with out any further force and people use it for their good usage now.
Some government of different countries are rejecting bitcoin, we dont know the real reasons why they are doing this but it is a bad thing becaise they did not accept the next future currency of our world. Still bitcoin is on the top although some coutries are against to bitcoin.
in some countries there is indeed a ban on the use of bitcoin but not all countries ban it right? there are still many countries that have not determined the response regarding the use of bitcoin, is it prohibited or legalized. so there are still many countries that are free to using bitcoin
full member
Activity: 686
Merit: 104
December 15, 2018, 08:36:31 PM
bitcoin will become stronger in the future, and online transactions will switch to bitcoin and bitcoin will never be rejected again.
sr. member
Activity: 826
Merit: 256
December 15, 2018, 08:29:05 PM
Any kind of money, whether it is fiat or virtual currency, is susceptible to abused or can be use to criminal activities and cryptocurrency is one of them. A law might be needed to regulate the use of any currency to protect it from any illegal means but it might not solve the problems completely. Some countries have already legalized bitcoin and is being adopted by some merchants in some part of the world and other countries had banned it. Bitcoin, is an alternative and decentralized kind of payment and people can still able to use it whether it is legalized or banned.
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