Topic: Can any government ban Bitcoin? - page 12. (Read 3343 times)
speaking bitcoin highly of the prohibition is not easy. Moreover, in the form of another coin and coin bitcoin. now that most people have moved to digital currency investments.
For me, yes any government has their own authority and guidelines to ban bitcoin for their reasons. Some country is already prohibiting bitcoin because of their basis. Yes, bitcoin seems very anonymous and you can do some evil material using it, and that is the main reason why some countries already ban it. Also, bitcoin is a currency even it is digital it still needs to be evaluated by the state.
Yes bitcoin is anyonomus and decentralized currency people can do any thing without traping. But it depends on people what mentality they have. If they have good mentality they will use bitcoin for good. And if bad they can use it for bad purposes. That’s not a problem enlisted with bitcoin. Some countries banned bitcoin because they feared from their un civilized people. Civilized nation promote economy and crypto currency. Because they know how much profitable it is.We all know that majority of the governments in the world have corruption issues and that is one of the reasons why a lot of government don't like bitcoin or other forms of crypto currency because if they legalized this technology it will be a big disaster on their "monkey business" which is stealing money from the people through tax, specially in my own country where majority of the politicians stole money from the government funds and this funds are from the taxes that they get from its citizens. Look at Japan, They legalized bitcoin because they're government are less corrupt or totally no corruption happening. This is my personal opinion about the legalization.
If btc opposes the regulations or exceed the limitations of the government then maybe that's the time btc will be ban in a country. As of now, I don't see any problems to ban btc in a country. Government always has the authority so they can do it.
The main task of bitcoin is not to go against the actions of the government. It is better for them to begin to work together and find common solutions.
The state can intervene in all spheres of activity. It does not matter whether we want it or not. They sometimes violate even laws, but it is considered that this is done to protect your interests.
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?
I don't think any government could prohibit the bitcoin , the bitcoin is anonymous distributed, as long as the Internet has not been closed, so the bitcoin can always trade and circulation, it will not be affected by a lot of Can the government of any major country step in and do the unlikely?
If btc opposes the regulations or exceed the limitations of the government then maybe that's the time btc will be ban in a country. As of now, I don't see any problems to ban btc in a country. Government always has the authority so they can do it.
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
If bitcoins be opposed to Interests of any government bitcoin can be banned by any government
The government can ban the bitcoin, but who can tell me how the government will control this? I believe that the government has no way to prevent someone from using the crypto currency.
Exactly, any government can ban bitcoin but they can't forbid their people to use bitcoin or invest in bitcoin because first and foremost bitcoin is decentralised which means they have no any control on it. Aside from this, they can't also dictate their people where or what they're gonna invest their money right.
Yes ofcourse but government can never stop people using cryptocurrency unless they cut out internet connection and that's the only time government can stop cryptocurrency. In China many things are prohibited including social media and cryptocurrency but people find way to use and utilize internet to be able to accessed website the government not allowed them to use
So basically as long as there's internet connection government or anyone can never stop cryptocurrency growth.
So basically as long as there's internet connection government or anyone can never stop cryptocurrency growth.
the government can tire bitcoin very easily in each country, not a very difficult thing to block all forms of crypto transactions, each country has a cyber firewall that can be changed at any time for the traffic of crypto data in the block.
many applications and websites in my country are blocked because they are not in accordance with government policy. do not ever assume crypto transactions are secret because the government has a very strong resource for Banning cripto easily...
many applications and websites in my country are blocked because they are not in accordance with government policy. do not ever assume crypto transactions are secret because the government has a very strong resource for Banning cripto easily...
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?
Yes, they can and as a matter of fact, various governments have been doing that already. The government, being the highest authority of any sovereign country, can always step in every progress of their country especially if such developments have something to do with the rest of the country's existing laws. However, there will be a certain extent to which the government can control the use and flow of Bitcoin. Actually, even if Bitcoin is banned, since it is peer-to-peer, people can still use it.
I think it is impossible. The government may influence the transaction volume of bitcoin and limit its development speed, but it is impossible to control it in its hands.
I think the gobernement cannot ba bitcoin because bitcoin has no illegal works.They cannot find any mallicous context here in bitcoin.When you see the rule of bitcoin,it is not easy to join.The states that any spam,mallicous and any irelevant issues was being deleted.I think the givornment would’nt do this.
Yes, it can be ban in their country. All government have regulations and policies about cryptocurrency anytime they can ban or allow bitcoin to their country.
They may ban bitcoin, but they cannot completely ban bitcoin.
unlike the other fiat currency, bitcoin is decentralized. bitcoin is everywhere.
if they want to ban bitcoin, they must ban at every place in the world.
unlike the other fiat currency, bitcoin is decentralized. bitcoin is everywhere.
if they want to ban bitcoin, they must ban at every place in the world.
The government can ban the bitcoin, but who can tell me how the government will control this? I believe that the government has no way to prevent someone from using the crypto currency.
How can any government ban it, if it is like a "private talk" between two people, they can only punish their users if it'll be found out
of course yes, the government has the full right to banned a thing that is in a disastrous advert like Bitcoin.
For me, yes any government has their own authority and guidelines to ban bitcoin for their reasons. Some country is already prohibiting bitcoin because of their basis. Yes, bitcoin seems very anonymous and you can do some evil material using it, and that is the main reason why some countries already ban it. Also, bitcoin is a currency even it is digital it still needs to be evaluated by the state.
Yes bitcoin is anyonomus and decentralized currency people can do any thing without traping. But it depends on people what mentality they have. If they have good mentality they will use bitcoin for good. And if bad they can use it for bad purposes. That’s not a problem enlisted with bitcoin. Some countries banned bitcoin because they feared from their un civilized people. Civilized nation promote economy and crypto currency. Because they know how much profitable it is. Jump to: