Topic: Can any government ban Bitcoin? - page 11. (Read 3343 times)
There is a lot of government that already banned bitcoin in their country. Well that is the power of any government to ban something that they think will bring chaos of even bad things in their land. We and my country men were just happy that our government did not ban bitcoin in our country. And my hopes are so high that the time that our government will ban bitcoin will never come at all. It will be a dooms day for all of us here if that time will come. But as the current stand of bitcoin here that this is giving a lot of good benefits to its users I guess that time will really not come at all.
I think that some certain countries will still be able to ban bitcoin on the territory of their country. Everything depends on the government and its authority.
I think it's impossible
They can easily do it in range of their country but it will not probably help. People will find many other ways to use bitcoin or will just move somewhere else.
I dont think so.. bitcoin is not a property of a government.
it could happen, but the ban would not yield a positive result. In my opinion To be able to ban bitcoin, it is the same forbid to use the internet, because bitcoin is the money that connects to the internet electrically. 
Governments can do whatever they want in their sovereign nations but that does not mean that it will stop its trade or popularity , as history has shown us it only serves in the creation of a black market and the creation of power vacuums.bitcoins was created to supersede borders, individuals and as such it will take more than just some government structure to cripple it. Its only a matter of time before all governments fall in line and openly bow to the power of bitcoins . There initial reason of refusal to accept it immediately is similar in reason to that of banks and financial institutions ........bitcoins will decentralize power.
Ofcoures government can do that, but as long the internet doesn't cut
All people will find the way how to reach bitcoin
All people will find the way how to reach bitcoin
Well I think it is possible for a government to totally ban the use of Bitcoin in its country but then it will really be difficult due to the anonimity and decentralized features of it, plus it is going to be hard to forbid people to use it because it is through the internet. But of course they will have their ways and means to do that but I don't think that will happen anytime soon. People from different parts of the world are now seeing the good things that Bitcoin has to offer, a lot of counrties has already legalized it, some are still drafting some guidelines to regulate it so that is a proof that Bitcoin is growing and getting stronger day by day. Hopefully other nations will also follow the lead of those who are open minded and excited for this technological innovation for the betterment of their people's lives.
This will only happened in an advanced countries where all data are monitored.... We all know Bitcoin is decentralized and can be controlled by anyone but it can be ban by the government blocking all related site for its citizens to trade
Yes,the government has the right to ban bitcoin or any form of businesses that they think disrespect the law.Anything that violated the law must be accountable for the stoppage of the field.The government must implement their law for them to have a progressive and most improve country.
Bitcoin has been around the borders of financial markets for less than a decade, but is slowly gaining importance as an alternative asset class.
Can the government of any major country step in and do the unlikely?
Can the government of any major country step in and do the unlikely?
Ues it is possible that government ban bitcoin maybe they wait the right time to stop bitcoin in our country. So that while is not happen i enjoy to use bitcoin before ban happen.
Governments can ban bitcoin, but such a ban will not give a positive result. To prohibit bitcoin, the Internet should be banned.
Last fall in China, government tried to prohibit trading bitcoin on crypto exchanges. This ban did not give a positive result,
because people started using Lokalbitcoins to exchange their BTC. As a result, the activity of the exchanges resumed.
By the way, this was one of the factors of the sharp rise in the price of bitcoin to 20,000 USD.
Last fall in China, government tried to prohibit trading bitcoin on crypto exchanges. This ban did not give a positive result,
because people started using Lokalbitcoins to exchange their BTC. As a result, the activity of the exchanges resumed.
By the way, this was one of the factors of the sharp rise in the price of bitcoin to 20,000 USD.
The government have its own power to manipulate one business and the entire system of the nation. This is another ability of government to do such things. Without the government crypto will easily come faster and rapidly growth in one nation. So the government have its own power either banned bitcoin or welcome it.
all countries may prohibit the use and circulation of bitcoin when bitcoin is misused for illegal acts. now there are still many countries that ban bitcoin with a variety of reasons. so use bitcoin wisely.
Bitcoin has been around the borders of financial markets for less than a decade, but is slowly gaining importance as an alternative asset class.
Can the government of any major country step in and do the unlikely?
Can the government of any major country step in and do the unlikely?
I don't think so! The world needs to change the system of financial and Bitcoin was born to do that by Blockchain. Keep your eyes off from fake news, the price will be manipulated by big investors and companies every year.
Every Government authority has the right to ban anything under its jurisdiction but in a country like mine it is far from reality because Bitcoin operations here bring great profit to its user and it also augmented most of their lives.
yes, they can.
all country, all government can ban bitcoin directly. but just for that country.
if they do that, im sure all people that use or make transaction with bitcoin will send their asset to the other country and trading in there. and it easy to exchange to regular money.
so, better if government keep their grow than ban future
all country, all government can ban bitcoin directly. but just for that country.
if they do that, im sure all people that use or make transaction with bitcoin will send their asset to the other country and trading in there. and it easy to exchange to regular money.
so, better if government keep their grow than ban future
in case they forbid bitcoins, is there any chance that other coins that run on deepweb can strengthen and replace it? or is it impossible? sorry if mine is a stupid question
Bitcoin has been around the borders of financial markets for less than a decade, but is slowly gaining importance as an alternative asset class.
Can the government of any major country step in and do the unlikely?
Can the government of any major country step in and do the unlikely?
the government could have banned bitcoin but they still could not control and manage the use of bitcoin because of the decentralized bitcoin so I do not have to worry about it
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