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Topic: Rulers Can ban Bitcoin through the entire Earth! (Read 1273 times)

full member
Activity: 532
Merit: 100
December 06, 2017, 05:47:07 PM
#71
bitcoin can help improve the country so why would they ban it. some powerful rulers own large amount bitcoin so they will be the first to oppose banning bitcoin in their country.
sr. member
Activity: 328
Merit: 250
The possibility of all the countries coming into agreement to ban bitcoin is very thin because some countries have started appreciating the innovative impact of bitcoin already.
No I think they will not take decision like that because not all of the rulers are against bitcoin and this point make chances of bitcoin to be alive for many years, according to me bitcoin banning all over the world is just impossible because some of them are against while a lot of people are in the favor of bitcoin.
hero member
Activity: 1330
Merit: 569
We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?

Its a possibility though but the issue is can they ban the internet? All over the world there are bans against cocaine and several other hard drugs even to the extent that countries have established law enforcement department saddled with that responsibility but ages down the line after several heist cracking, there are still drug lords, cabals, god fathers still having their way. The cleansing going in the Philippines is a testimony to that.

The reason for that analogy is that even if its pronounced in United Nations, World Bank that bitcoin is banned, it will still be in existence because there is no one place they can go to shut it down and fortunately or otherwise, they cannot still find Satoshi like they did for the creator of Liberty currency.
sr. member
Activity: 699
Merit: 438
even though elite people have lots of resources and power, still they cannot ban bitcoin easily.
Bitcoin follows all the compliance of the law which gives them authority to operate, everything is legal which no one can compelled to them to banned without valid consideration.
member
Activity: 224
Merit: 41
We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?

Even though there are unions exist such as European Union, United Nations, or whatever global organization whose goal is to unite every country, there are still stubborn leaders of certain country that would object to some of these unions. So it is impossible to make each and every country to ban Bitcoin since many countries are supporting it as of this very moment. Banning Bitcoin is only possible in several countries but will never be worldwide.
full member
Activity: 204
Merit: 100
That can happen too. When senior leaders of the United Nations shared the view that bitcoin use for criminal and bitcoin activities could cause the FIAT to disappear, they would issue a ban on bitcoin. I'm a bitcoin user, I do not want that to happen.
hero member
Activity: 560
Merit: 500
We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?

Who can ban the bitcoin ? High profile personality and world super powers has no control over bitcoin distribution and usage. This is why we say that Bitcoin is the currency of the people itself and not the governments. I never feel any fear if any individual or country try to ban bitcoins, they can never succeed, rather in return they just harm themselves.
full member
Activity: 448
Merit: 102
We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?

If these things happen the only thin we will do is just accept the fact that bitcoin will be lost forever. But the things is why bitcoin will be banned world wide what is the reasons? 
This will not happen because rulers are wise to their regions and they know that bitcoin is for the welfare of their regions and the main thing is that bitcoin s benefiting the who mankind around the world and solid reason will be needed to ban bitcoin and there is no such can of misbehaves that are happening because of bitcoin and if this will get banned then there will be only cash and boring routine of money.
full member
Activity: 630
Merit: 102
The possibility of all the countries coming into agreement to ban bitcoin is very thin because some countries have started appreciating the innovative impact of bitcoin already.
member
Activity: 70
Merit: 10
First i think that the all will not ban the bitcoin because we see that some of the countries are approve bitcoin as legal. if all the ruler ban bitcoin then people will not leave the bitcoin as we already seen in the china that government ban the bitcoin while the people of china are working with bitcoin still.
member
Activity: 378
Merit: 10
I don't think that anybody can stop the development of bitcoins now. The main reason is the decentralization of bitcoins.
Governments can bring some individuals to criminal responsibility, impose sanctions on other governments, but what levers can influence decentralized structures?
Forbid the Internet? I do not think that this is possible.
hero member
Activity: 1190
Merit: 534
I don't see any possibility of Bitcoin or any other altcoin is replacing fiat currencies in any way at least in next 50 years. There will be the people who will always use fiat currencies at any time frame. Yes, fiat currencies might change the form and we might even see blockchain based fiat currencies by the governments to counter the popularity of regular crypto-currencies. I do the see indirect regulation from the authorities instead of a complete ban in the coming years.
full member
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Go to.   https://bitcointalksearch.org/topic/rulers-can-ban-bitcoin-through-the-entire-earth-2460518

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We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?

I don’t think officials of one country can influence or force to another country to change the way they are making trades or using the technology. That will surely be last reason to world war third. Lols.

Bitcoin will always be used as an asset which is being used to earn profits and royalty over the trades and investment. We are actually using the fiat currency to buy the bitcoin so primarily fiat stands greater importance as compared to bitcoin and hence I don’t think it will disappear with the time. Also if they wanted to close down the bitcoin and support the fiat then they could have done it already.
You really have the point out there my friend. You are actually right, from the beginning if they actually see it as a hindrance or problem, they should've already taken action towards that problem, but instead they just let it be,  maybe more or less this coming few years they will support it as an alternative payment system right?
full member
Activity: 938
Merit: 137
Many countries have already recognized crypto currency as a legal tender in their country. No one has the right to interfere in the internal affairs of any country and dictate to it the conditions for the prohibition of crypto-currency. It is already impossible. Crypto currency is now used in almost every country and it's too late to prohibit it. The point of no return is already passed.
Ctn
sr. member
Activity: 644
Merit: 259
We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?

First of all there is no reason for FIAT to get disappear. It doesn’t matter what bitcoin has to say in the future or what technology advances takes place for its development. The prices of bitcoin or use of it is not the only factor that one should look after. Government or ruling bodies according to you, knows very well that this decentralisation will not affect the fiat in any sense because fiat is stable and it will be always enough through the time but bitcoin may not.

Fiat is traditional and to get rid off traditional ways of trading in such short terms or even after fifty years from now is not that easy.

As an individual user I would always like to see bitcoin in its place and fiat in its own.
drm
legendary
Activity: 1176
Merit: 1005
Rulers can ban bitcoin because they are leaders and they have the authority. If people wanted bitcoin, they will not going to banned it because bitcoin can help people.


Your comment makes no sense at all. If authorities want bitcoin banned they will ban it simple as that. Regardless of the network running.
member
Activity: 145
Merit: 10
We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?

I don't think this could be even possible also with a general regulation in entire world. Firstly why ban it? with is the reason?
You are sure its possible block a centralized system ruined between pairs? no is not. but of course a regulation with a strong down regulation could be really distruptive for bitcoin holders in a short period of time.
member
Activity: 84
Merit: 10
Rulers can ban bitcoin because they are leaders and they have the authority. If people wanted bitcoin, they will not going to banned it because bitcoin can help people.
sr. member
Activity: 308
Merit: 250
As a Bitcoin user I think neither of these will happen. Individual countries can try and ban Bitcoin - but it is not up to countries to ban, it is peer to peer, or person to person - you cannot stop that unless you can stop all communications.

Neither do I think that all fiat money will disappear, some currencies are clearly in trouble - and many may disappear but I suspect that as long as governments exist they will want to control their own currency (or at least try)
member
Activity: 168
Merit: 47
We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?

As bitcoin user, that rule will make us dying in income. As we know many people think bitcoin as income savior and if the rule ban bitcoin, that means bitcoin become zero value and nobody want it anymore.
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