Topic: Can any government ban Bitcoin? - page 6. (Read 3343 times)
first of all so is bitcoin banned because there is no tax possibly so ban it abroad because many do not have taxpayers, but if for example it would be legal it would not have dropped the value.
Governments are against bitcoin because bitcoin doesn't pay taxes to them so they can easily declare bitcoin not allowed in the country
It depend on the government of any country. Some government want to ban bitcoin but others are legalizing bitcoin. And make it as another way of payment.
Look at Cambodia. The Cambodian government created its own cryptocurrency, but the national bank bans all other
They can and they will try. But they will never bann cryptocourencies completly. As long as they are enough good programmers on the side of the people, there will be always found a way to bypass the censorship. You can see in countrys like china, they try everything to controll and censor the internet. But the people find always a way to get to their censored content. So the only way to ban cryptocurrencies is to completly shut down the internet. But i dont think that any gouverment will ever do this.
yes of course
bitcoin still have a controversion and bitcoin does'nt have a immunity to doing what it like
there are still many country are banning bitcoin because they don't know the full potential of it
bitcoin still have a controversion and bitcoin does'nt have a immunity to doing what it like
there are still many country are banning bitcoin because they don't know the full potential of 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?
Bitcoin is already popular around the world. It is possible that many countries will find it unfavorable for their economic growth. In the present days many countries tried to regulate BTC but still they fail.
Government has the power to, but to think bitcoin is very successful to burn down. We just hope that they one ban a thing that has made many very sucessful and the field itself. Because it has made a mark in this kind of new era.
As bitcoin network is a decentralized network no one can control or no one has the authority to control the bitcoin networking, as it is a auto generated transferring of crypto coins from machine to machine or from network to the desired network through internet protocols. All the transactions will be recorded in the public ledger called the block chain technology which can be used for auditing purposes. Transactions in the block chain is visible for which means there is clear transparency in the transaction.
all countries can ban or legalize the existence of bitcoin but indeed we should be able to respect the decision if your country has been out ban bitcoin. there may be a plan behind it. potential if good it is impossible for the state to reject it
Very possible and very likely for government to ban bitcoin. it's happened to some countries. it is not impossible that other countries will follow banned bitcoin. Why so? I think it is because of concerns over the bubble and concerns about the country's financial stability (because of the fluctuating 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?
Can the government of any major country step in and do the unlikely?
Definitely Yes. Government can ban bitcoin in any form. They have the power to control everything even in the digital world. If they will asked all form of business not to accept bitcoin they can really do that. Government are afraid of bitcoin because they don't know what are the advantages if it.
They can tell the wind not to blow.
Obviously, government can ban Bitcoin or any other currency which effect the economy negatively. But there is good news about bitcoin in the summit of G20 countries, 15 countries are in favor to accept the bitcoin as legal tender.
but chinese giants reject it actually what we are cautious in crypto is korea and china because they are very big users and owners of crypto assets in both countries
As a form of anxiety at an administratively administered warehouse, sometimes the government wants to ban bitcoin from entering the country. But because bitcoin is a virtual currency and can not be prevented from existence that increasingly exist, it seems that even the government should all participate fully support
Every country have their own policy about bitcoin or other cryptocurrency. And yes they can ban bitcoin if they wish to. Some countries like China already banned crypto exchanges in their country, and others may do the same. Even if the government see the beneficial aspect of crypto, they still dont encourage the people to invest on it due to financial risk.
As you can see, unlike the strategy of "investing at random", the strategy of "investing at the bottoms" allowed to produce a more qualitative analysis of the asset under the name "critical bitumen".
Btcs cant be restricted by any power across the world. govt cant also do that because there is a global demand for btcs
Governments can ban bitcoins if they see fit really. It depends on the conclusions they come to after doing their research but I don't think a lot of governments will ban bitcoin because they will see how it is helping their citizens.
Obviously, government can ban Bitcoin or any other currency which effect the economy negatively. But there is good news about bitcoin in the summit of G20 countries, 15 countries are in favor to accept the bitcoin as legal tender.
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