Topic: Bitcoin is not to banned or rejected - page 4. (Read 1218 times)
Bitcoin is a currency that is capable of exploding and giving a better life, and if the user uses it negatively, it is not a negative bitcoin but the user. So bitcoin remains good and continues to grow well, bitcoin deserves to be maintained and many will adopt it.
not all countries prohibit bitcoin, many countries have legalized bitcoin in their countries, and I hope bitcoin is not banned in all countries because bitcoin is very helpful to the economy of its users, even though bitcoin is at risk of being misused, but actually bitcoin is much more useful if used positively.
Bitcoin is a tool that can make the future good, no one can ban or stop, because the development of bitcoin is very good and of high value. This development provides a very useful thing, so it is worth keeping.
Bitcoin is not prohibited or rejected for use by users but is a warning to be careful when investing or trading against unstable prices, and also bitcoin often fluctuates at any time by unbalanced supply and demand that fraudsters can take advantage of from beginners
Sounds like that you are not contented with the current regulation and the need for amendment or to improve it is necessary but actually the current regulation is much effective in most of the great countries like Japan, USA and Germany in which i don't hear any negative reaction after they legalized Bitcoin so i think you presumptions regarding weak regulations will only depend of the country but not the entire crypto community.
It seems to me that on the contrary - bitcoin is able to make the entire financial system much easier and more transparent. Transactions can be tracked, which means that criminals are clearly uncomfortable to use this currency. Therefore, you should not equate bitcoin to a criminal currency.
Even though the transaction can be tracked but we do not know who the owner of the address is and everyone is free to transact, this allows a dark transaction to be traced. We know there are many scammers in the online world that make it have a lot of risks in it, because bitcoin still doesn't have a center that can be used as a legitimate regulation. But so far the use of bitcoin is very good and there is not much bad news circulating about criminals using bitcoin, so with many investors, I feel there will be no banned on bitcoin.
Many countries these facts only justify the prohibition of bitcoin. But in fact, the authorities simply act in their own interests, since the adoption of a decentralized, independent cryptocurrency is not profitable for them.
It seems to me that on the contrary - bitcoin is able to make the entire financial system much easier and more transparent. Transactions can be tracked, which means that criminals are clearly uncomfortable to use this currency. Therefore, you should not equate bitcoin to a criminal currency.
Many people associate bitcoin with fraudulent activities. But criminals successfully use any national currency, especially dollars. Therefore, bitcoin can not affect the growth of crime and money laundering.
Bitcoin is just like barter system and no economy can reject this basic trade rule. So bitcoin can never be banned, if banned by any nation then it will thrive most in that country.
Bitcoin is very rare for people to reject it in some countries because they can make unlimited money by following signatures or investing in them.
Bitcoin should not be highlighted by this, we should understand its real function and that is to provide great financial service around the world. Bitcoin may be rejected for now but in the future we will see it in the mainstream, and almost all banks will adopt blockchain technology.Its hard to ban bitcoin because bitcoin is decentralized cryptocurrency and no one control the data and supply. Beside that, if government want to ban bitcoin, its mean government should block internet connection in their country and i think its impossible to do by government
Well, this thing has done already by many countries they banned bitcoin for a while and yet they revise that decision and make bitcoin a legal one. Its easy to ban bitcoin, but for sure it will not last longer because bitcoin is too good go be rejected.Exactly, it would be a big loses when it could be rejected and bitcoin is too good to be wasted. So I believe it will never be banned or rejected, because a lot of people depend and resemble this asset as it can change the natural lifestyle.
Bitcoin is very rare for people to reject it in some countries because they can make unlimited money by following signatures or investing in them.
Bitcoin should not be highlighted by this, we should understand its real function and that is to provide great financial service around the world. Bitcoin may be rejected for now but in the future we will see it in the mainstream, and almost all banks will adopt blockchain technology.Its hard to ban bitcoin because bitcoin is decentralized cryptocurrency and no one control the data and supply. Beside that, if government want to ban bitcoin, its mean government should block internet connection in their country and i think its impossible to do by government
Well, this thing has done already by many countries they banned bitcoin for a while and yet they revise that decision and make bitcoin a legal one. Its easy to ban bitcoin, but for sure it will not last longer because bitcoin is too good go be rejected.
It seems that this question is repeatedly asked, but well, I will only answer what I know, for a country that rejects bitcoin, it is thought that investing in cyrptocurrency has a very high risk because the price is very fluctuating. Many experts are skeptical about bitcoin as a major investment because of the limitations they can analyze. Unlike other investment rooms, cryptocurrency is not regulated by the government or the bank. In addition, there is no government control. But for countries that allow bitcoin to have a different perspective, for example Japan. The volume of bitcoin trading in Japan surged after the enactment of laws in that country that recognized bitcoin as a legitimate payment instrument
I think, crypto currencies (cryptocurrency) like bitcoin and ethereum bekalangan are increasingly being heard. This is reasonable, considering that cryptocurrency is popular among warganet, which makes it a new way of accessing money outside the conventional financial system. Apart from limitations and fluctuating values, in fact cryptocurrency such as bitcoin is increasingly being looked at. However, it does not mean that cyrptocurrency investment does not have risk. One of the main obstacles for investors to invest in cryptocurrency is the matter of their legal status. however in some countries cryptocurrency has been legalized.
At present many countries are banning bitcoin in their countries, but there are also some countries that allow it but some countries that allow very strict regulations on the circulation of bitcoin in their countries.
This is the most problematic situation about the legality of bitcoins as many countries make bitcoin legal and some have completely banned it, some charge higher intrest rates from people working in this sector and some aren't saying anything about it. So the people are also frustrated in this case as they don't know whether to indulge in Crypto or not as the government can ban Bitcoin any day they want and the investment of people can go down the drain if they do so. 
Bitcoin is digital money so i can say that no one can reject or bane bitcoin it is not the controllable currency and it's use are increasing day by day while the price at current moment is a good idea and it can never be bane in the world and huge businesses are running on crypto so they are every time ready for it and they never rejected like at exchanges people daily make hundred of successful transactions and they are ready to accept coins while they charge fee for these transactions.
At present many countries are banning bitcoin in their countries, but there are also some countries that allow it but some countries that allow very strict regulations on the circulation of bitcoin in their countries.
There are various reasons and risks from Cryptocurrency including:
1. As in the form of digital assets, it is easily misused for financial system crimes such as money laundering.
2. The absence of a clear system, makes cryptocurrency vulnerable to malfunctions that ultimately harm users.
3. Crypto assets have the potential for financial crime (fraud), security violations and operating failures.
Speaking in the world of cryptocurrency, of course it's good to be aware of the risks that exist before making a financial decision. (In principle): The main risk in cryptocurrency is: they still have a long journey before they can be adopted in bulk.1. As in the form of digital assets, it is easily misused for financial system crimes such as money laundering.
2. The absence of a clear system, makes cryptocurrency vulnerable to malfunctions that ultimately harm users.
3. Crypto assets have the potential for financial crime (fraud), security violations and operating failures.
Cryptocurrency can be likened to a baby that takes years before it can be accepted on a global system scale.
so it must be understood also that the increase in the value of a cryptocurrency, this we call the term Bitcoin's bubble one when it is still like that, then it will erupt and the investors will suffer losses.
Risk: in other forms related to cryptocurrency that can lead to financial losses, due to carelessness and inaccuracy. If you forgot the key (password) or the key was stolen.
The conclusion: humans in life must have the name pros and cons. To make good and good decisions, the main thing is to understand the good and bad of a factor and things before making a final decision. everything related to cryptocurrency, here speaks of (the willingness of people) to accept and adopt technology. Currently cyptocurrency technology already exists. therefore time will confirm whether the world will shout "OK" or "NO".
Actually rejected, yes but in individual aspects. Depends on how a person appreciate it or accept it. Banning, maybe impossible. Even a government will find a way to banned bitcoin yet how a banned a digital currency. Maybe they can banned people to use bitcoin in there country but i think theres still possible ways using it. People need money so they will find ways.
Bitcoin is still a developing stage, no one can stop it. Even though negative news spreads but this doesn't stop it, let the news be present and later there will be good news coming. Optomis will always be available for bitcoin, and each event will be good for future developments.
Jump to: