Topic: Is it possible for a country to block bitcoins (or even the whole cryptos) (Read 2761 times)
September 29, 2017, 11:47:40 PM
Yes there are possibility that one country decide to block bitcoin or all crypto coin but it is not a necessary that bitcoin will die or even the other crypto. Example china north korea they block bitcoin one country decide no one can stop it.
September 29, 2017, 10:33:45 PM
I knew about a trade that was blocked by our country because the bitcoin was not government-controlled and had a huge cash flow through exchanges for banks. But the question is their success. You see, people can get around anything as long as they really want it by any means possible, and should also have a valid reason to save bitcoin along with cryptocurrency. I hope they should offer some good opportunities on bitcoins ..
September 19, 2017, 11:27:36 PM
Just like the title says, is it possible to block crypto currencies if the government decides to?
They could enforce the ISP to block online payments made or something like that, is it possible?
They could enforce the ISP to block online payments made or something like that, is it possible?
No Bitcoin cannot be block, the internet is a chain that connect country to countries,except a major global decision,taking a stand against cryptocurrency,Government does not have access to block Bitcoin, except they come up with a law against all forms of trade against BTC.
Bitcoin and other Altcoin will bring to reality the cashless policy enacted by government in the global market
September 17, 2017, 11:09:02 AM
I think it's possible. As you can see, the main color of the coin market at this time is red, that is the result of China government will ban cryptocurrency in their country. You should believe that it's possible. Do you know North Korea or maybe Democratic People's Republic of Korea 
In this country, people do not allowed to watch even a movie from other countries, if they founded, they will be killed and of course nobody in this country know and earn Bitcoin.
In this country, people do not allowed to watch even a movie from other countries, if they founded, they will be killed and of course nobody in this country know and earn Bitcoin. well China is not blocking bitcoin, but they are trying to ban it from their system, making the currency very weak....
People will still use in China but the acceptance will go down... and The value could drop so that this currency has no value anymore...
May be it's really time to sell all owned BTC
September 16, 2017, 06:41:22 AM
I am not sure something like this can happen. Even if the country bans it, that ban can never really be that effective. Does that stop people from finding their way around it? Highest they can do is find a way to control the usage of it. However, I don't know if country can effectively place an I.P restriction on certain sites which I think I have read somewhere it is possible. However, VPN can easily solve this issue.
September 16, 2017, 06:35:52 AM
I don't think so. Bitcoins is a distributed network of many computers across the world so it is impossible for a country to block it. Unless the shut down the whole Internet 
September 16, 2017, 06:31:26 AM
it is not possible to banned bitcoin.Bitcoin is run by peer to peer network. there is no centralised control of bitcoin.at best government can block some website which is related to bitcoin.but people can open new website and infact people can send bitcoin using sms service.so government can block website of btc but they can't banned btc.
September 16, 2017, 06:19:28 AM
It's possible. For example, if there are no exchanges that would accept your btc and convert it to cash then it's useless having bitcoins in that country. All of the sites that are connected to btc are banned is also the worst case scenario if your government is really serious to prevent them from the market. You might need to go to other country so you can use them.
Why Bitcoin would be useless if you could not convert it to cash. You can use Bitcoin, it's enough. You don't need to convert to fiat money. Just use Bitcoin.
If websites connected to Bitcoin are banned by the governement, you can always use a VPN to bypass their censorship. Really nothing to worry about...
September 16, 2017, 06:12:12 AM
Just like the title says, is it possible to block crypto currencies if the government decides to?
They could enforce the ISP to block online payments made or something like that, is it possible?
They could enforce the ISP to block online payments made or something like that, is it possible?
It depends on the country If a country is under a communist type of government like China they can definitely block the cryptos because they dictates their people what to do and they can control their community specially in their financials their government is the one handling the income of the people living in China as well in other countries with the same government type.
September 16, 2017, 05:53:00 AM
I think it's possible. As you can see, the main color of the coin market at this time is red, that is the result of China government will ban cryptocurrency in their country. You should believe that it's possible. Do you know North Korea or maybe Democratic People's Republic of Korea In this country, people do not allowed to watch even a movie from other countries, if they founded, they will be killed and of course nobody in this country know and earn Bitcoin.
In this country, people do not allowed to watch even a movie from other countries, if they founded, they will be killed and of course nobody in this country know and earn Bitcoin. well China is not blocking bitcoin, but they are trying to ban it from their system, making the currency very weak....
People will still use in China but the acceptance will go down... and The value could drop so that this currency has no value anymore...
May be it's really time to sell all owned BTC
September 15, 2017, 05:34:05 AM
I think it's possible. As you can see, the main color of the coin market at this time is red, that is the result of China government will ban cryptocurrency in their country. You should believe that it's possible. Do you know North Korea or maybe Democratic People's Republic of Korea In this country, people do not allowed to watch even a movie from other countries, if they founded, they will be killed and of course nobody in this country know and earn Bitcoin.
In this country, people do not allowed to watch even a movie from other countries, if they founded, they will be killed and of course nobody in this country know and earn Bitcoin. well China is not blocking bitcoin, but they are trying to ban it from their system, making the currency very weak....
People will still use in China but the acceptance will go down... and The value could drop so that this currency has no value anymore...
May be it's really time to sell all owned BTC
September 14, 2017, 05:30:40 PM
It is not possible for governments to block bitcoins or the other cryptos, because simply its decentralized currencies, and even if the government ban the sites or marketplaces selling or trading bitcoin, people always still able to use Vpn and proxies to access this sites easily.
But governments can making the deals with Bitcoin harder by illegalizing this currency.
But governments can making the deals with Bitcoin harder by illegalizing this currency.
September 14, 2017, 05:25:23 PM
I think it's possible. As you can see, the main color of the coin market at this time is red, that is the result of China government will ban cryptocurrency in their country. You should believe that it's possible. Do you know North Korea or maybe Democratic People's Republic of Korea In this country, people do not allowed to watch even a movie from other countries, if they founded, they will be killed and of course nobody in this country know and earn Bitcoin.
In this country, people do not allowed to watch even a movie from other countries, if they founded, they will be killed and of course nobody in this country know and earn Bitcoin. September 14, 2017, 04:58:29 PM
Just like the title says, is it possible to block crypto currencies if the government decides to?
They could enforce the ISP to block online payments made or something like that, is it possible?
Yes it is possible to block online payments such as exchanges and banks but what if people are using vpn's, proxies or any other tunneling connection to bypass any government restrictions. The only way they can do that is to prohibit the use of internet connection just like in north korea but that could cause a country to be like drop it's economy in terms of business as people nowadays uses internet as gateway or communications to any investments all over the world just like Bitcoin. They could enforce the ISP to block online payments made or something like that, is it possible?
September 06, 2017, 06:29:40 PM
Just like the title says, is it possible to block crypto currencies if the government decides to?
They could enforce the ISP to block online payments made or something like that, is it possible?
They could enforce the ISP to block online payments made or something like that, is it possible?
No Bitcoin cannot be block, the internet is a chain that connect country to countries,except a major global decision,taking a stand against cryptocurrency,Government does not have access to block Bitcoin, except they come up with a law against all forms of trade against BTC.
Bitcoin and other Altcoin will bring to reality the cashless policy enacted by government in the global market
September 06, 2017, 05:20:58 PM
Any country that attempts to do that has to be kidding. Bitcoin is anonymous for christ’s sake so how would you plan on blocking it when you don’t even know who is carrying out the transactions.
It's actually not that hard.The chinese firewall for example might do the trick with some tricks added.
Right now bitcoin uses for default port 8333 and the number of users actually capable of forwarding a port might be less than 0.1 % of this board.
But if they were totally against bitcoin and try to make an example of it they could do it far easier.
Declare it illegal and then have 50 or 100 people executed in a stadium like they did a month ago with 13 drug dealers.
Are you going to risk your life for bitcoins? Doubt it.
August 31, 2017, 11:19:17 PM
Why not? If they could block gambling websites and more, then blocking the crypto industry entirely is not really out of the question but is that for the good of the country is another story. Didn't certain countries think to ban crypto sales to the normal average people in hope they reduce the amount of losses? Some were thinking to ban crypto until the government can understand well enough to regulate the industry? Then again, I would say take the numerous articles with a pinch of salt.
August 31, 2017, 11:18:48 PM
no think country in terms is government cant block bitcoin or cryptos, because i think every time we surf in this world we can see there are many new site about bitcoin, like wallets, or like exchanger, i think government can block with ban the site of bitcoin and some people can access it because of VPN or proxies, so i think its hard for government to block bitcoin and anything else
August 31, 2017, 10:22:04 PM
Yes. The situation could be where a country is banning every local crypto exchanges and will not accept btc and altcoin as payments. So even you have btc, it has no use because no one will accept it on your place or even convert it to fiat.
August 31, 2017, 10:14:09 PM
Just like the title says, is it possible to block crypto currencies if the government decides to?
They could enforce the ISP to block online payments made or something like that, is it possible?
Yes it is possible to block online payments such as exchanges and banks but what if people are using vpn's, proxies or any other tunneling connection to bypass any government restrictions. The only way they can do that is to prohibit the use of internet connection just like in north korea but that could cause a country to be like drop it's economy in terms of business as people nowadays uses internet as gateway or communications to any investments all over the world just like Bitcoin. They could enforce the ISP to block online payments made or something like that, is it possible?
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