Topic: Can Bitcoin be ban? - page 2. (Read 2617 times)
In other country it will possible be ban because of rules and regulations of there country for bitcoin. It is totally unpredictable could be ban.
Yes. And bitcoin is already ban in some countries who cannot trust bitcoin as much as our own country. It is definitely because bitcoin is decentralize, there are no specific institution, company or organization who are managing bitcoin to keep it running. As I see, on my own country bitcoin is in between in agree and disagree situation but it does mean that it is legalize since there are applications and bank companies who accepts bitcoin for a trade on a real life currency. By that, it might be a chance to improve and overcome poverty you had because earning bitcoin does not even required a professional degree for you to start working.
I don't think so.
All the bad things happen in the world cann't be ban. So does bitcoin.
Bitcion can not be ban.
But it can be abandoned.
All the bad things happen in the world cann't be ban. So does bitcoin.
Bitcion can not be ban.
But it can be abandoned.
Technically speaking a government or a country can ban the use of bitcoin. In fact some of the countries in the world like china have already banned the use of bitcoin to their citizen.
I don't think so.
All the bad things happen in the world cann't be ban. So does bitcoin.
Bitcion can not be ban.
But it can be abandoned.
All the bad things happen in the world cann't be ban. So does bitcoin.
Bitcion can not be ban.
But it can be abandoned.
Can Bitcoin be ban?
Governments can ban it, but the people must not allow it. A government can make laws to even allow crime as long as they want and people won't say a thing. So I guess it's up to us to forbid that.
Can Bitcoin be ban?
Yes, it's possible. Bitcoin can be banned from some countries but people who loved bitcoin will always find a way to use this. They can banned bitcoin, but the government or no one can ever stop us from using it. Even if they banned it, we will still surely use it. So banning bitcoin from countries will be useless. They can never control people.
I think many government, especially those that are negative about the cryptocurrency market and bitcoin use have showed great interest in controlling the use of cryptocurrencies in their locales. One of the control measure would be to ban bitcoin if they would feel that it would be bad for their citizens and with their own economies. Unfortunately, not all countries want to take advantage of the good things bitcoin or the cryptocurrency market might bring, so instead of supporting it, they want to regulate it.
Technically, governments can ban the Bitcoin-related activities such as exchanging it against fiat currencies but practically it is impossible to do that in my opinion. In worst case scenario, the governments will try to monitor the transaction history of users by accessing a database of the domestic exchanges to determine the tax liability but I do see a rare chance of levying the complete restriction as I mentioned earlier.
That's right. Many countries have already cautioned their people on using bitcoin, which really made cryptocurrency activities very negative in the eyes of many. In every country, the government may impose or pass on laws that can ban anything or prohibit anything; it goes the same with bitcoin, if a government would render it illegal, then any person who would use or support it would be in peril of being punished by the law. However, I doubt that it would happen because governments always keep an eye on everything where they can add revenue and get profit from, thus, I am sure that the cryptocurrency market are already in their sights to add more money, hopefully, for the benefit of their people.
This is impossible to ban Bitcoin. Bitcoin is banned in many countries, but the popularity of Bitcoin is increasing now.
US President Donald Trump is probably going to give legitimacy to Bitcoin.
US President Donald Trump is probably going to give legitimacy to Bitcoin.
A few days back, the Indian government once again issued warning against the usage of Bitcoin and gave hints that they may ban the usage of crypto-currency. In a bid to harass the users, they have sent income tax notices to more than 90% of the Bitcoin users. But none of them is going to work. The sooner they realize it, that better.
Can Bitcoin be ban?
Yes, it can be banned and it is happening right now in some countries. But you do not have to worry about it. Bitcoin was not accepted before in any country. Not a single country before acknowledged Bitcoin. It was like an ambitious dream that no one even knew. But look at what Bitcoin has achieved this far. It has gained the attention of almost all countries. Every now and then additional countries are opening their doors for Bitcoin.
I dont think bitcoin going to ban, Temporarily may be ban from particular countries.
Can Bitcoin be ban?
Yes, it's possible. Bitcoin can be banned from some countries but people who loved bitcoin will always find a way to use this. They can banned bitcoin, but the government or no one can ever stop us from using it. Even if they banned it, we will still surely use it. So banning bitcoin from countries will be useless. They can never control people.
I agree with you mate it is possible that bitcoin wil be ban if the people doing bitcoin will use it in illegal activities the government will find a way to stop bitcoin in the country,but some country they already ban bitcoin but the people doing bitcoin finding ways so that the government cannot stop them using bitcoin,and because of the blockchain technology the government cannot stop bitcoin because it is decentralized and anonymous and also the people that doing bitcoin will increase because they are attracted with the bitcoin price in the market and they can get high earnings.
No, bitcoin can be tried to ban, but technically it's impossible to organize.
It is not possible to control, and therefore punish for using it.
Hence the ban is absolutely meaningless.
It is not possible to control, and therefore punish for using it.
Hence the ban is absolutely meaningless.
Your right bitcoin can be really banned on different country but still it was unstoppable. There are a lot of people who are using vpn to access different sites which they are allowed to earn bitcoins and that is normal because the value of btc in the market is very high so everyone is really attracted on earning it.
I think your question is kind of incomplete. I clicked on it because I was expecting to read where you listed the prospective actors that you think may ban bitcoin. However, I don't think is possible to holistically ban bitcoin across all economies and countries although some countries may enact laws to limit the activities of bitcoin investors and exchanges but banning its use in holistic term is not going to work. No economy has control over bitcoin nor blockchain technology.
I do not think so. Currently some countries are banned bitcoin. That affects bitcoin. But bitcoin still exists and grows. There are also some countries that encourage the use of bitcoin. I believe future bitcoins will be accepted by many countries.
I too agree on you understanding about tge topic. I do not think that a single local government can ban bitcoin. All they can do is regulate the ingoing and outgoing processes that the users of bitcoin in their country is doing. They can make rules and regulation imposing taxes on the process of converting bitcoin.
Can Bitcoin be ban?
I don't think so. Though Bitcoin can't be regulated so that Bitcoin can't be banned also. Bitcoin is the unique system which is made up totally by software application so that Bitcoin can't be regulated. in the meanwhile, Bitcoin transaction could be banned in some area if a particular country wants to ban it. So the transaction can be cotrolled but the total system couldn't be regulated or banned. for example, China has banned Bitcoin transaction in recent time but they are looking forward to getting free in the coming month.
Some countries may "try" to ban bitcoins but it won't make it go away or make them worthless. I do not see a worldwide ban of bitcoins ever happening. Even if bitcoins were banned in your country, there will always be ways to work around the bans, that's the nice thing about cryptocurrencies.
It is very difficult for now that bitcoin will ban because there are many investors have come to this side and that's why we can come to the point that bitcoin is fast growing currency and we have to do more about bitcoin. the crypto currency can't be bane any where because countries can only ban those currencies which are physically existed there.
I do not think so. Currently some countries are banned bitcoin. That affects bitcoin. But bitcoin still exists and grows. There are also some countries that encourage the use of bitcoin. I believe future bitcoins will be accepted by many countries.
Can Bitcoin be ban?
Yes and No. It all depends on the country. China has banned BTC. And so have a few others.
But it is a digital currency.
So as long as you have direct access to the internet, you can use BTC.
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