I chose "not sure"
I'm really not sure about it because it depends on the reason why my government will say that Bitcoin is illegal. Besides, Bitcoin can be use anonymously. I think will decide once the government will make a law regarding Bitcoin.
Topic: If Bitcoin was made illegal by your government would you still use it? - page 8. (Read 16833 times)
November 13, 2016, 09:56:25 PM
November 13, 2016, 09:37:13 PM
For me i stop using bitcoin if this is already illegal by our government i want to work fare in my country i need to work hard to make me successful and i do not like to be successful because i do illegal things which is illegal can have money easily.
November 13, 2016, 07:41:48 PM
Just the idea that someone would risk jail time for a payment system is kind of looney. If the government said you would get five years in a federal prison (no parole) would you risk using PayPal? ApplePay? M-Pesa? Google Wallet? WePay? Braintree? Skrill? I understand they are different from Bitcoin but they are still just value transfer systems.
You're all making Bitcoin sound more like a sinister cult than a Peer-To-Peer Electronic Cash System.
I think the problem is a lot of outsiders view it as a sinister cult. Many uninformed people still think of it as what people use to buy drugs on the internet. You're all making Bitcoin sound more like a sinister cult than a Peer-To-Peer Electronic Cash System.
November 13, 2016, 07:26:21 PM
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?
What kind of a question is this? Bitcoin will flourish even if more and more regulations were set up to attempt to stop or limit its use. Who cares if you cannot use it "legally", the technology is very good for circumventing laws. A good example of this is the darknet market places. Bitcoin's growth depends on the darknet's growth.
November 13, 2016, 06:48:25 PM
I don't think that I will continue to use bitcoins if its declared illegal by Government as it may put me in risk and if I got caught using it then they might think that I am involved into illegal activities and may start treating me as a criminal so in that case I will prefer to stop using bitcoins.
November 13, 2016, 05:27:22 PM
Just the idea that someone would risk jail time for a payment system is kind of looney. If the government said you would get five years in a federal prison (no parole) would you risk using PayPal?
Let me rephrase it a bit. If you are holding Bitcoins worth some $25 million, will you continue to use them if there is a 0.001% chance of imprisonment? Or are you going to dump them and forget about what happened?
People does risks to go jail with dark marketplaces transactions, drugs and guns, but they take the risks doing those with fiat, and now with crypto coins as well. Im father and i need to give example for the kids, and go jail isnt part of those for sure, soo i would hide my ip under some service and continue using bitcoin.
November 13, 2016, 02:56:31 PM
Just the idea that someone would risk jail time for a payment system is kind of looney. If the government said you would get five years in a federal prison (no parole) would you risk using PayPal?
Let me rephrase it a bit. If you are holding Bitcoins worth some $25 million, will you continue to use them if there is a 0.001% chance of imprisonment? Or are you going to dump them and forget about what happened?
For 25 million I think I could relocate to a more favorable country to liquidate them. I wouldn't need to risk jail time to sell them off.
November 13, 2016, 02:24:26 PM
Just the idea that someone would risk jail time for a payment system is kind of looney. If the government said you would get five years in a federal prison (no parole) would you risk using PayPal?
Let me rephrase it a bit. If you are holding Bitcoins worth some $25 million, will you continue to use them if there is a 0.001% chance of imprisonment? Or are you going to dump them and forget about what happened?
November 13, 2016, 02:00:29 PM
Just the idea that someone would risk jail time for a payment system is kind of looney. If the government said you would get five years in a federal prison (no parole) would you risk using PayPal? ApplePay? M-Pesa? Google Wallet? WePay? Braintree? Skrill? I understand they are different from Bitcoin but they are still just value transfer systems.
You're all making Bitcoin sound more like a sinister cult than a Peer-To-Peer Electronic Cash System.
You're all making Bitcoin sound more like a sinister cult than a Peer-To-Peer Electronic Cash System.
November 13, 2016, 01:41:27 PM
ofcouse i will use it i do not care what government says about bitcoin i just care about its technology andits concept and by the way i am from india and everyone knows what actions our dear prime ministers are taking they are even more encouraging everyone to go digital
November 13, 2016, 12:53:34 PM
I still make my own choices.
If a government would declare posession of btc to be illegal, that would mean that I had to face some consequences if the authorities knew about my coins.
But it would not mean I would give my crypto stuff away. I don't do everything othere people want me to do, but of course I have to live with the consequences that produces.
If a government would declare posession of btc to be illegal, that would mean that I had to face some consequences if the authorities knew about my coins.
But it would not mean I would give my crypto stuff away. I don't do everything othere people want me to do, but of course I have to live with the consequences that produces.
November 13, 2016, 11:19:58 AM
I wasn been thinking this for the whole day. Government cant really monitor bitcoin easily as well especially when we only do talk about transactions because this technology is almost perfect privacy wise but converting it into fiat can be fatal
November 13, 2016, 11:02:10 AM
If such a situation arise surely I would try to find an alternate solution to use bitcoin through some other gateway. If the restrictions were not able to bypass then might relocate to a region were bitcoin is in use and has good acceptance.
November 13, 2016, 10:52:06 AM
I would continue using that, because it's helping me a lot. And if it wouldn't be possible, I would try to change myself to another country where they accept bitcoins. Maybe a neighboor country or any other...
But I just hope it won't happen, never!
But I just hope it won't happen, never!
November 13, 2016, 10:33:08 AM
I think I would stop using bitcoin. It is the call of the government to stop using bitcoin. They have their reason, and that reason I believe is very important in establishing the country. The problem with people is that, they want a peaceful and prosperous country but they failed to abide their government law and start complaining about injustices when they were caught doing bad stuff or forbidden stuff that is labeled bad by the government. If I don't want to follow my government rule maybe I need to fly out of the country and search for the government that will allow the things I like.
November 13, 2016, 10:31:09 AM
Of course I will keep on using it! How do they control or prevent me to hold bitcoins? If we don't advertise our bitcoin holdings no one knows hence the pseudonomity of it. It will be clearly hard to use them but that would not mean I should stop using them.
60.5% of the respondents here in this thread answer yes.
Ready to defy the government and its happening in other countries that bitcoin are banned and illegal. Since bitcoin is decentralized and you can transact bitcoin from anywhere in the world,it became borderless already. 
November 13, 2016, 10:30:33 AM
Yes I will still use it cause it will be unfair on my side that why would the government banned bitcoin. The goodness of it is determined by its user.
If that happens, I will just use a vpn or a tor network that is more anonymous than vpn, though I will not use bitcoin often than before cause I need to be extra careful. I don't wanna go to jail.
If that happens, I will just use a vpn or a tor network that is more anonymous than vpn, though I will not use bitcoin often than before cause I need to be extra careful. I don't wanna go to jail.
November 13, 2016, 10:20:02 AM
Of course I will keep on using it! How do they control or prevent me to hold bitcoins? If we don't advertise our bitcoin holdings no one knows hence the pseudonomity of it. It will be clearly hard to use them but that would not mean I should stop using them.
November 13, 2016, 10:15:22 AM
I've voted "not sure", because it would depend on the situation if something like that happens in my country, i will see if people around me who have been using bitcoin before are still using it in any way or not, and i will see if government is really taking serious actions if someone is caught using it or not, and then i will decide if what i need to do.
November 13, 2016, 10:09:02 AM
At this moment, I really don't know why should I do if that happens. I can't decide if I will still continue involve in bitcoin or stop it for the sake to be an abiding citizen. But if the law and penalty is hard like imprisonment I will be forced to stop.
It is not very easy to implement the Bitcoin ban. If you are using an IP hiding service such as TOR browser or a VPN, then it will be very hard to trace you. It is not 100% risk-free, but the government will have to spend millions of USD worth of resources to arrest a single person. It is near impossible to eradicate the BTC usage.
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