Topic: Can any government ban Bitcoin? - page 20. (Read 3343 times)
if they do such a thing it is certainly legitimate because it is their right to determine the attitude about crypto currency, but we as users hope that it does not happen should be supported instead in order to grow larger
I think the government can ban bitcoin, but if in my country the government can not ban bitcoin because bitcoin has no legal guarantees.
Governments can only state that they can regulate bitcoin by shutting down bitcoin exchanges or cutting access to it and restricting anyone to use it and if anyone use it will be in prisoned. But bitcoin can't be stop by this sort of things, people will surely find ways to buy and sell or send it using Tor network. As long as there is an Internet bitcoin cannot be stop.
For me i think No Because Bitcoin is not owned or else does'nt controlled by any government, bitcoin still stronger now no one can't able to destroy or ban bitcoin, they can't stop bitcoin.
the government will do its financial arrangements in their area, and that will be a complaint many people join in bitcoin. the government can not ban bitcoin, because bitcoin will grow without the approval of the government.
As far as I know, bitcoin is anonymous. In my opinion, the transaction using bitcoin can be banned by the government on a certain country but in the way that you will earn through bitcoin cannot be banned because no one is controlling it. In our country, bitcoin can be used in many transactions and it is really good because it won't take so much of your time. As the matter of fact, it can make someone successful in life and I hope it will never be banned in our country.
I believe they can, because some countries banned the usage of bitcoin ,but i think they can't stop people on using it though.
That goes to show you that they were not banned but then some ICO's and exchanges were. No government can effectively ban bitcoin except they make it difficult for their citizens to use them in their jurisdiction by making laws against them but those who know their ways around the computer can still escape and use their bitcoins.
I believe they can, because some countries banned the usage of bitcoin ,but i think they can't stop people on using it though.
Yes, and in fact some government are already banning bitcoin and cryptos in their country. Maybe the reason behind it is that these countries see that cryptos are a big threat to their economic growth.
Bitcoin has no middle to assault. There is no single association or individual that controls Bitcoin and exchanges don't experience a focal clearing house there is extremely no chance a controller can prevent individuals from downloading Bitcoin wallets and sending each different bitcoins. In the event that there we to obstruct every one of the sites that individuals can download Bitcoin wallets from, new ones will come up and a few people will aggregate their own particular wallets from source code - Bitcoin resembles Bit deluge is that regard. On the off chance that they close down the web, individuals will send each other Bitcoin by means of SMS and on the off chance that they close down the power supply, individuals will utilize sun oriented and battery-fueled arrangements.
Bitcoin has existed and developed for a long time. It appears in many parts of the world. The government can ban the bitcoin, and set a limit on bitcoin but the government can not completely ban the bitcoin and bitcoin that can not be banned globally.
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?
Some governments in the world relies on the power of the banks that can be seen in the country. Most of the banks also have an impact on the economic power of the government and the country itself. Once bitcoin have overpowered banks in a certain country and less people do engage in the banking system, probably the government would take step to stop the operation of bitcoin in their country just like what happened in china.
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 think many big countries are planning to ban bitcoin in the future however there are few countries has already banned bitcoin because they reallize bitcoin can not be controlled, but i think differently, bitcoin is giving more financial to the economic of coutries, so many countries wont easy to give up on bitcoin now. Can the government of any major country step in and do the unlikely?
Of course it's absolutely possible, bcause bitcoin is unacceptable to some country for some reason, even in my own country the issues of bitcoin ban is growing, when there are too many bitcoin users here already, and so far the government is only said thay bitcoin is an unvalid currencys, not banned, and I hope it will be not happens.
The goverments can prevent their citizen using Bitcoin, but they can ban Bitcoin. Bitcoin cannot be controlled by anyone. So, you should not be nervous. Let hold and wait until it hit $20k again.
Yes, the government can ban bitcoin because the other people use bitcoin in illegal activities but they can't control it. In fact the government is have a power to ban bitcoin.
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 think so, Government can rule on this platform and they can regulate on Bitcoin along with other cryptocurrencies. Day by day Bitcoin and other cryptocurrencies are becoming an important role on the monetary platform. Since the blockchain is totally dependent on the decentralized system. so that a couple of countries want to regulate on this platform. China is the first country that has regulated on the Bitcoin. Can the government of any major country step in and do the unlikely?
Of course a government can ban Bitcoin. It mat not be the easiest law to enforce, but I guess a strong and efficient government would find the way. I doubt they would do it though. Some little government of some poor nation could even try to do that, but they probably won't succeed.
Of course any government can ban bitcoin whenever they want but only with a solid reason
yes, they can but they can not control it.
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