Is it technically possible to ban Bitcoin in a particular country? - page 3.

kafiddrhman

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Quote from: DZU1410 on September 06, 2017, 05:02:55 AM

I think that without disconnecting the Internet it's impossible. People will use the detour to earn bitcoins and then exchange for the currency of their country.

I agree with you as long as you can have internet connection bitcoin transactions would still be done well even in the country there is a ban on the use of bitcoin.

DZU1410

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I think that without disconnecting the Internet it's impossible. People will use the detour to earn bitcoins and then exchange for the currency of their country.

Bilbo Baggins

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Technically they can, but whether it can be enforced properly or not is another thing.

Since they can't shutdown the entire internet there will still be away to getting around it.

Nawaytes

sr. member

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It can not, you have to shut down the internet network in all areas of that country. Unless your government make a special request to "bitcoin parties" not appear in their country and bitcoins willing to do it - but how is that possible to do ?

aTriz

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Quote from: nkmt on September 06, 2017, 04:23:31 AM

Let's say the Chinese government decides to ban Bitcoin. Is it technically possible without shutting down their Internet?

Definitely. When someone tries to make a Bitcoin transaction internet must be used, even with those desktop wallets. All China has to do is ban all online wallets and just disable desktop wallets from being able to use wifi and work some magic with day roaming which would make it unable to access bitcoin wallets with.

Don't think this will ever happen though.

talkbitcoin

legendary

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All I know is that I know nothing.

when some country bans bitcoin, they ban usage of it. so it will be technically illegal to hold bitcoin, invest in it, trade it, or use it as a currency to buy stuff. they can not shut it down or prevent it, they can only prohibit it.

but don't worry, big countries won't do it. just a handful of under developed countries have only said bitcoin is illegal because they are illiterate enough not to understand it.

TheGodson

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https://nitrogensports.eu/r/4896627

It will be possible to do so for a majority of users. I'm sure there are some computer wiz people that will still be able to buy, sell, and move bitcoin around since they are very technologically savy. For everyone else it will be extremely difficult. Most people into bitcoin probably don't understand fully how bitcoin works. We have a general idea about the blockchain and yada yada, but there are definitely some holes that we wont completely understand. For these users they can consider their bitcoin pretty much inaccessible.

No doubt that this would certainly affect the price and not in a positive way.

n4poleon

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No, shutting down the internet is not even enough anymore. We're able to stream blocks through/from satellites now. Chinese people always find ways. A lot of stuff are banned in China and people still able to find ways to do it, get it, access it.

VitKoyn

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Yes this is possible, There are already some countries that banned bitcoin if I'm not mistaken those are Bangladesh, Bolivia, Ecuador & Kyrgyzstan
But I think people in those countries still can use bitcoin but cannot transact it inside their country or convert it with local cash

nkmt

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Let's say the Chinese government decides to ban Bitcoin. Is it technically possible without shutting down their Internet?

Topic: Is it technically possible to ban Bitcoin in a particular country? - page 3. (Read 1170 times)