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Topic: Rulers Can ban Bitcoin through the entire Earth! - page 2. (Read 1273 times)

legendary
Activity: 1176
Merit: 1001
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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?
That is part of the reason why there is so many altcoins. If Bitcoin goes down then a newer coin will be built to replace it.
member
Activity: 112
Merit: 10
Every country has his own rules concerning bitcoin but bitcoin is moving smoothly one country to another it's hard to think that bitcoin will reach all nations but will never know what the future hold
member
Activity: 359
Merit: 15
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? 
newbie
Activity: 12
Merit: 0
Well, we cannot say that for sure because not all leaders have the same understanding or interest with the industry. Hopefully, they wouldn't verge into that area.
full member
Activity: 354
Merit: 100
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 do not know. Clearly Bitcoin, or cryptocurrencies as a whole, can not make fiat currency lost. At least not in the future. and we measure the value of bitcoin based on how much rupiah is feasible. And bitcoin is not broad enough to replace the fiat. so so in my opinion.
legendary
Activity: 1526
Merit: 1001
No, even though there are powerful enough and part of the elite class of the society. There is always a process that the government always consider in every actions that affect the entire society.
I have the same opinion. It is not that easy for the ruling class to ban bitcoin in any particular area or in the entire world because now many people are aware of bitcoin and using it for improving their lifestyles.

Bitcoin is serving as public currency and we all know that there are no specific requirements for getting involved with bitcoin. Anyone who knows operating laptop can become bitcoiners and this is what people love about bitcoin a lot.
member
Activity: 336
Merit: 14
Not gonna happen. They can’t even agree on any given topic or situation. One president can ban bitcoin in his or her country, a counterpart in a neighboring country where it had disputes with can endorse cryptocurrency just for fun.
full member
Activity: 420
Merit: 171
When I read threads like this one I know that we do need Bitcoin because we are slowly turning into slaves scared of everything and especially of the authorities.
Every time Bitcoin goes up you guys come out with these what if questions. What if there's war? What if they ban it? What if they come to my house and ask that I hand over my coins? It's about time the society became independent financially. When they can't take your money you have the advantage. It's time we stopped being scared!

if This Thread is like the other Thread please don't post, I am Not Forcing you to do it. my intention was to know any information about what others thought of Their respective self perspective, I didn't make this Topic as if saying that I am scared, and I don't care if bitcoin Goes up, It's natural. Maybe you are the one who is really scared? Why should I be scared if Bitcoin goes up? am i too idiot? Scaring myself over Rejoicing with Good news? you stop being Scared!
member
Activity: 336
Merit: 10
No, even though in this society the elite class always dominates in the world; because of their power, influence and connection. Still they cannot ban the company and management of bitcoin in the whole world. In our generation, there is a process that we should always consider. The government always decide neutrally; which they protect the both interest and safety of both parties. As long as the bitcoin follows and make some actions in accordance of the law, there are indestructible.
hero member
Activity: 882
Merit: 506
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 do not think banning Bitcoin in all countries is possible. You have to understand that there is AT LEAST one person who created Bitcoin. Moreover, there are countries that openly support Bitcoin as of writing. Hence, banning it completely on all parts of the world is just a big impossibility.

As an individual Bitcoin user, I think there should be no fear if Bitcoin tends to threaten the very existence of fiat currency. That is for the government to concern itself. But I am not saying I should not concern myself about it either. Its just that Bitcoin's status today is scary as it is utilized by some to promote illegal causes. I just hope if it will totally eradicate the existence of fiat currency, it will somehow be regulated but NOT to the full extent as that of banks.
hero member
Activity: 782
Merit: 500
As long as the important people are invested themselves already we have nothing to worry about.
hero member
Activity: 2184
Merit: 531
When I read threads like this one I know that we do need Bitcoin because we are slowly turning into slaves scared of everything and especially of the authorities.
Every time Bitcoin goes up you guys come out with these what if questions. What if there's war? What if they ban it? What if they come to my house and ask that I hand over my coins? It's about time the society became independent financially. When they can't take your money you have the advantage. It's time we stopped being scared!
sr. member
Activity: 420
Merit: 252
Perhaps that's not possible, some governments are fully accepting, regullating and even addopting cryptocurrencie and blockchains.
A globally banning attempt could lead to conflicts of interest between nations.
but i do not expect any globally banning attempt, although some countries have  banned bitcoin but i am sure that they must overview their decision, and will surely regulate bitcoin because bitcoin is the need to they day and every one has to accept the fact, in future we can also expect that bitcoin will overcome fiat currency and people will then give more priority to bitcoin to use it for shopping and for any other purposes.
I also think that is really unlikely, but who knows what can happen in a near future. Geopolitical aspects are changing fast in the entire world, it is hard to predict what can happen if crypto market starts to threaten powerfull corporations.
full member
Activity: 462
Merit: 112
No, even though there are powerful enough and part of the elite class of the society. There is always a process that the government always consider in every actions that affect the entire society.
hero member
Activity: 2184
Merit: 531
They can't just like they can't ban alcohol or tobacco. If people want something badly no government can take it from them.
We all know that sentences for selling drugs are really high but they aren't stopping people from doing it because in their eyes it's worth it. You can't expect similar punishments for the use of cryptocurrencies. Most likely a ban would only equal lack of exchanges which still wouldn't stop people from using BItcoin. It would only stop them from turning it into fiat.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
Currently individual governments lack the authority and power to act against a currency that is DECENTRALIZED as bitcoin but as we already know the decisions they can make regarding its management reflects a great impact on the bitcoin market as it happened in China through a mixture of government legislation and the blocking of popular foreign websites by Chinese Internet service providers. The Chinese government has tried to limit the Chinese, instead of being able to enjoy the entire global network. So if a government decides to make illegal trade or possession of Bitcoins, the demand would plummet and all the exchanges in that country would also be closed and the purchase / sale of Bitcoin would be difficult and risky. This could suffocate Bitcoin in that country.

A few governments have already done this. China has banned bitcoin trading on exchanges, not Bitcoin. Most countries are leaving it in a grey area, preferring to bring in legislation once it is really required. Governments may not have the ability to enforce a bitcoin ban, but they may still go ahead and ban it. If enough law abiding citizens decide to avoid bitcoin, then it will be pushed to the fringes.
hero member
Activity: 924
Merit: 506
Dude personalities are not ruling the earth Cheesy Unite nations has no power when there are countries with a veto power. I assure you if they wanted to ban bitcoin you'd know. All they can do is to push their regulations of exchanges, direct ban of bitcoin is not possible in such scale.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
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 am not sure how it will make fiat currency disappear as the entire global market has more than ten trillion dollars worth of currency circulating and the entire crypto currency market is just around or less than three hundred billion dollars ,it is possible to shut all the exchanges but i am sure not all the countries in the world would accept the same unilateral decision and if it was so easy we would have been living in a more peaceful world. Tongue
full member
Activity: 266
Merit: 122
Government can ban bitcoin transactions but they cannot eliminate it all over the world because surely developers can find ways to keep bitcoin in the circulation besides no one can eliminate bitcoin unless they eliminate internet connection which at this point is impossible to happen
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
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 is a decentralized system,migth be very hard for the ban of Bitcoin in the entire world, whales involve in bitcoin will do all they can to stop
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