Topic: Can Bitcoin be ban? - page 7. (Read 2656 times)
There is no denying that there isn't any just reason to ban Bitcoin. It goes without saying that Bitcoin shouldn't be banned. Let me ask if there is any detail which could make Bitcoin illegal. On some levels, Bitcoin seems to be more reliable than keeping money in the bank.
Can Bitcoin be ban?
Bitcoin can be banned in the sense of the government can force companies and establishments to stop accepting bitcoin thus hinders its "currency function". But as asset, bitcoin can still be used as long as the government doesnt have control over the use of your computer and/or your internet connection.
Can Bitcoin be ban?
Yes it is possible. In fact there are already countries who have banned bitcoin. Of course there's a valid reason why bitcoin can be ban. First is its anonymity, it can be used for some illegal activities because of that. Second is it is decentralized, meaning they are not going through banks which means transactions with bitcoin like buying things has no tax which can affect the economy of one country. 
Of course the government has a authority to do it if the company of bitcoin do some actions that forbidden the rule of the law and I think bitcoin will not do that such thing in their history. Bitcoin is a legal company which they are accredited and recognize by the government as a legal business which has a authority to operate and deal with the investors. There is no ban for them as long as thry follow all guidlines impose by the government.
Can Bitcoin be ban?
no way to ban, its is crypto
Bitcoin will not ban at all.Because now the bitcoin is became a one of the powerful Crypto currency.Many of the investors start to inverse in bitcoin then gold.Now the price of bitcoin is raising of nth term of gold due to increase in investors of bitcoin rather then gold.This is right time to inverse in bitcoin.
Maybe bitcoin ban in different country. But in whole wide world it is not possible, because bitcoin and altcoin is a digital currency that helps every user to be rich
I do not think so, some countries forbid it, whether it's a threat to the economy and some people misuse it.
But we who love bitcoin and support it will not be able to ban bitcoin because bitcoin is one of our livelihoods that support it.
The government will not be able to control people.
But we who love bitcoin and support it will not be able to ban bitcoin because bitcoin is one of our livelihoods that support it.
The government will not be able to control people.
Can Bitcoin be ban?
Yes, bitcoin can be banned but by a country to her citizens. If you are saying bitcoin ban in general to everyone, then that is no. Bitcoin can not be banned from the internet cause it is an internet currency not a fiat currency.
If it is in kind, it is easy to be banned. But virtual money is circulated on the Internet, and unless you close the whole network, it can't be banned.
it can be banned if the whole countrys in the world started to banned bitcoin ofcourse.. nothing was impossible to do. some might see bitcoin as a threat to the economy now.
If it is in kind, it is easy to be banned. But virtual money is circulated on the Internet, and unless you close the whole network, it can't be banned.
As 5 countries have already banned Bitcoin, the involvement of other countries in these countries could pose a threat to Bitcoin. But the economical situation of the countries is important, it does not matter much. Also, forbidding Bitcoin can cause serious harm to the economy of an country. That is why European and American countries are trying to get the best opportunity out of Bitcoin.
Bitkoyn can be banned at the level of an individual state by issuing appropriate regulations. True, the implementation of such a ban will be associated with enormous efforts, costs and difficulties. So far, in the world, there are, as far as I know, a ban on the use and use of bitcoins in five countries, mainly with a weak economy or an authoritarian regime.
In general, no one will be able to prohibit bitcoins all over the world, since bitkoyn has already firmly entered our life and has a significant impact on the economy of most countries.
Every country has their own strategies about bitcoin and crypto currencies. That is a fact that some countries have banned bitcoin, but I think still majority of countries do not have any such statement about bitcoin. They never given any statement about bitcoin, While some countries like japan turn bitcoin as legal currency in their country. In general, no one will be able to prohibit bitcoins all over the world, since bitkoyn has already firmly entered our life and has a significant impact on the economy of most countries.
I think in future we can expect that most of the countries will turn bitcoin as legal currency because bitcoin is the future currency and will keep the main importance in future.
I hope it will be done soon. In my country, the government stays silent even though bitcoin is heard from almost every news right now. I don't know what are their plans. LOL
It cannot be ban because its strict security. It may be ban in some countries but in world wide thats impossible.
There are some country that are trying to ban the use of bitcoin because it can affects their economy but to stop people using bitcoin it very difficult. Bitcoin is a decentralized currency so for blocking it is impossible.
Bitcoin cannot be ban worldwide, although some countries like China can enforce it but not for long. Banks in Nigeria are now porting to the use of bitcoin, bitcoin was declared legal by Germany and a few other countries some days back. There is just soo much surrounding bitcoin for it to be ban worldwide.
Can Bitcoin be ban?
no way to ban, its is crypto
Can Bitcoin be ban?
Maybe yes, maybe no, but it is possible that bitcoin can be ban, it depends upon the situation and it depends on how people do it in a right way.
It's absolutely yes, but it depends on the country's government. Some country did it before, but still Bitcoin continues to grow, and continues to be seen as a great store of wealth. They can ban bitcoin but they cannot totally kill it.
Can Bitcoin be ban?
if I think there is a country that has banned bitcoin like china, but can not make bitcoin die. Bitcoin does not require the government to exist, all it takes is a loyal user who always uses it to transact. To me, bitcoin is a digital gold, whose value is increasing, some are officiating Japanese bitcoin by 60% of the existing exchange tools and American 25% and the rest in Russia by 9%
Most countries do not prohibit bitcoin but have regulations for managing bitcoins and other coin. But some countries have bans on ico like the Republic of Korea. You can trade with anyone using bitcoin in the world.
Jump to: