Topic: Can any government ban Bitcoin? - page 22. (Read 3343 times)
For the most part, on the list of countries that have declared btc illegal... nearly every single one is a third world or developing country. The only thing that will make serious waves are if the top 20 economies of the world start to ban it. At present, it's still green across the top of the board.
Bitcoin is not owned or controlled by any government or corporation, but i think the government can't stop the circulation of bitcoin currencies because bitcoin currency is a virtual currency that circulates using the Internet network.
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?
No government can be able to ban bitcoin because the bitcoin network is peer-to-peer and fully decentralized. To completely ban bitcoin in your country you need to shutdown the internet and go back to instant stone age. Can the government of any major country step in and do the unlikely?
I do not think that it will be fair to crypto investors. But at this stage, China and Russia are negative about bitcoin.
Yes government has the right to ban cryptocurrencies if they want to,but if that happens people wont stop using it because they will always find their ways.
absolutely yes!! Government have power, they can do anything. in my country they ban bitcoin, they dont know what bitcoin means.
It will be hard since if a any government succeed in banning url to exchanges to buy and sell bitcoins, people can use vpn of another country to access it.
The government can not ban bitcoin transactions because bitcoin is not controlled by the government and has been decentralized and uses peer to peer technology to communicate.
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?
Yes of course, the government has the power to ban bitcoin in their place because of some major reasons. The government also has the power to legalize it. Most of the countries that legalize the idea of bitcoin have a well developed economy.Can the government of any major country step in and do the unlikely?
I think if the government wanted to stop Bitcoin they could just stop people from transfering it into real money It would become worthless then
Yes, as of now there are some countries already banned the bitcoin because they still not be able to find a ways to control bitcoin, it is anonymmous so it makes governments harder to trace and charge taxes on Bitcoin. Beacuase bitcoins are still outlawed and unregulated.
I din't think its a question anymore if any country can ban btc because obviously, since they govern, they can do that. It probably would be a question if they will consider the opportunities that bitcoin presents to its people
Hello....
Hopefully not... Because there is Nothing went wrong with the bitcoin till now..
Hopefully not... Because there is Nothing went wrong with the bitcoin till now..
It depends on your country but governments can't ban Bitcoin because this is decentralized. Nobody can control of the changes here. This is a online currency you can hold this money if you convert your btc to real money.
As I know in some countries crypto currencies are banned. Today I red news that chine is restricting electricity to mining farms, it is not banning but step forward to serious restrictions.
Bitcoin is not owned or controlled by any government or corporation. Bitcoin network is peer to peer and fully decentralized.
I totally agree with you. Bitcoin is not controlled by any government but governments can just forbid the use of Bitcoin .if they feel bitcoin can lose them.
yes, they can, because they have the right to ban bitcoin in their country if they feel bitcoin can make them lose
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?
They can ban the banks or exchanges that allows trading of bitcoins to fiat money. That way, no one can trade their bitcoins to any form of cash. Another way would be banning bitcoin exchange websites in order to prevent any bitcoin movement in the country.
I think yes, bitcoin can be banned by any government. If it develops bad image to the economy of their country. If bitcoin causes a lot of evils like gambling, phishing. Probably Bitcoin will be banned. But in fact it is developing very positively. and great investment potential for the future
Yes, any government (like China) can put a ban on Bitcoin but cannot stop Bitcoin or kill bitcoin as Bitcoin is decentralized and uses peer to peer tech to communicate.
they ban in official company tha have legal in their country but citizen still can use it from home with other exchange . china had a lot ways
Yes, any government (like China) can put a ban on Bitcoin but cannot stop Bitcoin or kill bitcoin as Bitcoin is decentralized and uses peer to peer tech to communicate.
As mate mentioned that government of china have ban BTC and i think its not new news about BTC its too old now and after that there is no such other country who have ban bitcoin and BTC have no affect if any government ban BTC because its decentralized currency and on one can affect it. While also there is no possibility incoming time that any government can ban BTC because BTC is providing jobs to large number of people and through this way countries are getting strong economically. Jump to: