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Topic: If Bitcoin was made illegal by your government would you still use it? - page 2. (Read 16833 times)

legendary
Activity: 2156
Merit: 1393
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The poll so far shows 63.3% of forum members have some sort of cognitive dissonance psychosis.
legendary
Activity: 938
Merit: 1002
I wouldn't because I don't want to be involved in such things that can affect me in some way, so I prefer not doing that but a lot of people would. Why? Because they simply do not want to have their rights taken away or they are criminals or something. Bitcoin doesn't affect the economy of our countries in any way for now, it can be easily implemented in lur system (but that would make everything way less anonymous).
Well then I guess I'm opposite to you, if the government ever banned bitcoin, I would keep using it and fight for its right. I think it's because I'm not the kind of people that easily accept the rules without any explanations and aren't consistent in thoughts. And bitcoin has somehow become a major part in my life so I wouldn't give up on bitcoin that fast  Grin
I too will try at my level best to continue but this matter most probably will target imposing taxes. I am always glad to pay taxes to my country because government need some income so they are getting that in the form of taxes.

If they declare as illegal and not just taxes means, I will keep saving bitcoins and I may migrate to bitcoin friendly country.
sr. member
Activity: 378
Merit: 250
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No, I wouldn't. At least not openly or not as I frequent as I use it now.
I'm not gonna risk being jailed just so I could use Bitcoin. Maybe occasional checks on investments.

If however, I was able to make a LOT of money with bitcoin, then I'd use that and certainly move overseas where my bitcoins would be welcome.  Grin Grin

If it will be banned by the government, then we have no other choice but to keep it a secret or if we can't keep it as secret, then time to move to other place where it is openly used. If it is being banned by majority of the country, the price would slowly decrease, not everyone is ready to get jailed because of bitcoin. Everyone I think is just being practical.

That's a good idea that you will move to other place where bitcoin is legal. But I guess you can just use bitcoin whenever you want even the government prohibits it. Because there are some other ways when you can keep it confidential and just don't let others know that you are in bitcoin or else you will hold the bars of the jail.
If you really devote your life with bitcoin you will have to make that decision to continue your journey in the bitcoin world. Some countries currently are making bitcoin illegal but I believe it will not last the moment they realize that there more benefits of suing bitcoin that it's weaknesses.
hero member
Activity: 798
Merit: 500
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No, I wouldn't. At least not openly or not as I frequent as I use it now.
I'm not gonna risk being jailed just so I could use Bitcoin. Maybe occasional checks on investments.

If however, I was able to make a LOT of money with bitcoin, then I'd use that and certainly move overseas where my bitcoins would be welcome.  Grin Grin

If it will be banned by the government, then we have no other choice but to keep it a secret or if we can't keep it as secret, then time to move to other place where it is openly used. If it is being banned by majority of the country, the price would slowly decrease, not everyone is ready to get jailed because of bitcoin. Everyone I think is just being practical.
legendary
Activity: 2534
Merit: 1115
If Bitcoin was made illegal by your government and the punishment was very bad, would you still use it, would you still openly support it?


No, I wouldn't. At least not openly or not as I frequent as I use it now.
I'm not gonna risk being jailed just so I could use Bitcoin. Maybe occasional checks on investments.

If however, I was able to make a LOT of money with bitcoin, then I'd use that and certainly move overseas where my bitcoins would be welcome.  Grin Grin
legendary
Activity: 1470
Merit: 1001
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People going to jail for mining BTC
https://reason.com/archives/2016/11/28/the-secret-dangerous-world-of

this is what government crackdown on bitcoin can look like. It's not illegal but you can be jailed for mining it.
sr. member
Activity: 294
Merit: 250
If Bitcoin was made illegal by your government and the punishment was very bad, would you still use it, would you still openly support it?


obviously, I will use it with VPN.infact,recently  my country banned bitcoin for some reason. But I am using bitcoin with VPN.Because bitcoin is giving me easy way to earn money.I can easily transfer my money at home.So,why should I stop using bitcoin? I won't stop using bitcoin, no matter what is the punishment.
hero member
Activity: 658
Merit: 505
I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans

Its really a bad news for Europeans since they are serious of banning blockchain products and processes.It may be implemented on 2018 but still a year to go left for those bitcoin users on Europe.Its quiet a big news for me that the government could possibly ban bitcoin on a particular place but i wont still totally believe until that time arrives i would like to see on how they gonna do it.

You are judging it completely wrong. No one is saying that they will ban it but that they will have the power to do so . They are also mentioning the warning system. Do, this banning option would probably be considered in the cases of abuse and illegal use. Europe will not bann blockchain or bitcoin.
legendary
Activity: 2492
Merit: 1145
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I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans

Its really a bad news for Europeans since they are serious of banning blockchain products and processes.It may be implemented on 2018 but still a year to go left for those bitcoin users on Europe.Its quiet a big news for me that the government could possibly ban bitcoin on a particular place but i wont still totally believe until that time arrives i would like to see on how they gonna do it.
That is very bad news. Banning of bitcoin on europe has a huge effect on bitcoin. Bitcoin price might get dump.
Or if other country get an idea too to ban bitcoin on their country and spread the ban to the whole world
hero member
Activity: 1344
Merit: 565
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I wouldn't because I don't want to be involved in such things that can affect me in some way, so I prefer not doing that but a lot of people would. Why? Because they simply do not want to have their rights taken away or they are criminals or something. Bitcoin doesn't affect the economy of our countries in any way for now, it can be easily implemented in lur system (but that would make everything way less anonymous).
Well then I guess I'm opposite to you, if the government ever banned bitcoin, I would keep using it and fight for its right. I think it's because I'm not the kind of people that easily accept the rules without any explanations and aren't consistent in thoughts. And bitcoin has somehow become a major part in my life so I wouldn't give up on bitcoin that fast  Grin
hero member
Activity: 966
Merit: 552
I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans

Its really a bad news for Europeans since they are serious of banning blockchain products and processes.It may be implemented on 2018 but still a year to go left for those bitcoin users on Europe.Its quiet a big news for me that the government could possibly ban bitcoin on a particular place   but  i wont still totally believe until that time arrives i would like to see on how they gonna do it.
Yes, every people know about the media bad news is good news, we can not believe 100% but we must  anticipate about the impact of bad news that they have been created and we must becareful about it.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans

Its really a bad news for Europeans since they are serious of banning blockchain products and processes.It may be implemented on 2018 but still a year to go left for those bitcoin users on Europe.Its quiet a big news for me that the government could possibly ban bitcoin on a particular place but i wont still totally believe until that time arrives i would like to see on how they gonna do it.
full member
Activity: 210
Merit: 100
I wouldn't because I don't want to be involved in such things that can affect me in some way, so I prefer not doing that but a lot of people would. Why? Because they simply do not want to have their rights taken away or they are criminals or something. Bitcoin doesn't affect the economy of our countries in any way for now, it can be easily implemented in lur system (but that would make everything way less anonymous).
full member
Activity: 232
Merit: 100
It is very difficult to answer this question, I think the government is unlikely to make my country Bitcoin illegal, but if it happened, I would have tried to somehow support his legal manner.
hero member
Activity: 966
Merit: 552
I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans
sr. member
Activity: 602
Merit: 250
If Bitcoin was made illegal by your government and the punishment was very bad, would you still use it, would you still openly support it?

i will still use it. in my opinion not happened the punisment was very bad because bitcoin is not criminal things..
Government needs to know that bitcoin is very helpful for each user
legendary
Activity: 1288
Merit: 1036
I think the best publicity is yet to come when bitcoin begins to reach 1k again with the difference the price this time will hold in place and not crash like the last time some people will see this and the process fros the massive adoption of bitcoin will begin in my opinion that is the only way bitcoin can reach the people by showing the qualities that make it the best currency available at the moment.
To me the most important is that the number of bitcoin users should be increased, as the price of bitcoin is struggling to go up so we need to spread up awareness of bitcoin. Also, if we want to make bitcoin more reliable and trusted, the number of bitcoin users must be increased. And it can only be done if we introduce bitcoin to more number of the new people.

If more number of people will be using bitcoins, any government will afraid to declare bitcoin as illegal.
legendary
Activity: 3052
Merit: 1281
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Bitcoin does represent people, and we are free to choose what we wanna, and speak as long it doesnt offends the other person. I dont like some rules and restriction about what you can do with fiat, that makes bitcoin more and more atractive, i wont stop using bitcoin because the politicians say its a problematic currencie or ponzi.


funny how they use ponzi scheme on the things they disagree with.  If you look at the trading industry, it is one big ponzi scheme.  People buy the stock, then sell it to another people in a higher price.  The first person will get his profit from the second person and so on. That is trading with profit.  Isn't it a big ponzi scheme itself?  Why not address the trading as a whole and not point in Bitcoin only.

Code:
Pon·zi scheme
ˈpänzē ˌskēm/
noun
a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the first
 investors from money invested by later investors.


hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I will continue to use bitcoin no matter ehst any government says. I can decide how I want to trade anyway I see fit its not up to anyone else but me. I stand against such "laws" the only reason for it is the government oukd feel threatened and it will be about freed and controlling where people spend their money and how they are paid.

I would eventually leave the country as well.
And what if this was a world wide ban? Similar to what happened to drugs. Where you could go? Would you keep holding bitcoin? I ask this questions because I think if there is a ban on bitcoin is going to be global.
hero member
Activity: 770
Merit: 500
I will continue to use bitcoin no matter ehst any government says. I can decide how I want to trade anyway I see fit its not up to anyone else but me. I stand against such "laws" the only reason for it is the government oukd feel threatened and it will be about freed and controlling where people spend their money and how they are paid.

I would eventually leave the country as well.
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