Topic: Serious topic: how can we be sure Bitcoin will not be banned by most countries? (Read 1908 times)
January 17, 2018, 01:29:24 PM
Due to the increasing number of investors in Bitcoin, it is very impossible to take it down in an instant. Most probably it would take 10 to 15 years before it will be completely gone.
January 11, 2018, 03:45:29 PM
I can be very sure that Bitcoin will not be banned because a lot of businesses rely on them and taking away Bitcoin can affect the economy big time.
December 20, 2017, 12:44:15 AM
In my opinion we can prevent the government from banning bitcoin by just following the rules that they will impose.
I know some will think that it may not be fair especially with those corrupt government as they will try their best to control the market.
I know some will think that it may not be fair especially with those corrupt government as they will try their best to control the market.
December 11, 2017, 02:07:03 AM
Bitcoin will not be banned in most countries because bitcoin for is a very strong foundation that will survive anytime, and many people know how bitcoin is important to our new era, i don't see any possible thing that bitcoin will be banned in some countries unless we should use them in criminality or something evil things.
December 10, 2017, 08:18:06 PM
We can't be sure, when Bitcoin gain huge users and huge transactions volume, then it will affect the country, one day it can disrupt the economic, so it's going to be either regulate Bitcoin or ban Bitcoin, but we don't really afraid of it, since all the transactions is anonymous, as long as there still people using Bitcoin, it will stay alive
December 10, 2017, 08:11:31 PM
Hi,
First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
I can surely say if all people already know about crypto maybe if it happen maybe some country didnt ban this bitcoin because bitcoin is very profitable for all people like me i dont have any job for now but because of bitcoin i can easily paid our bills. First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
December 10, 2017, 07:46:39 PM
You should worry if bitcoin will be ban to your country but if you are out of the geographical location of those countries that started to ban then it's not your problem. Don't put yourself in too much stress and basically if there's a new country that will start to ban bitcoin, their citizens will be informed first so they can disseminate their bitcoin and start to sell it for their profit. Bans are possible but with these current trend of technology, they might even consider it.
December 10, 2017, 07:25:01 PM
Bitcoin can not be banned, a country can try but you cannot stop a person from using it. It cannot be tracked and if the person has internet, he can use Bitcoin, there is no way of blocking it. They could only get you if they see you using it in public or something and they still cant stop you from using it.
December 10, 2017, 07:12:46 PM
we can never be certain, just like the laws that pass, unless part of the government lol
December 10, 2017, 07:10:44 PM
the legality of bitcoin is a problem. but do not worry, some countries like Japan have legalized bitcoin as currency. and currently, some countries are beginning to review the blockchain system and some of it will implement the system within the bank.
therefore, I am sure that in the future there will be many legalized bitcoins.
therefore, I am sure that in the future there will be many legalized bitcoins.
December 10, 2017, 05:19:30 PM
Hi,
First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
I think as long as bitcoin do not play harm against people and just continue to be useful and beneficial to all, the government will just let it continue its nationwide and worldwide operation and avoid banning it because many people find it beneficial and a great way for them to gain and earn money which is good for their own sake, I bet that the government will not ban it after all. First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
December 10, 2017, 05:13:43 PM
Its impossible to ban the bitcoin in all country. Because there's one country who made thw bitcoin and im sure about that. If no country create the bitcoin then why as of now the bitcoin is alive ? Im sure that the givernment of that country is make a way to sure the bitcoin can't destroy
In the thread he does not mention all country but most country.
I think always any possibility that most people will ban bitcoin depending on how the government think about bitcoin.
Bitcoin is not perfect, positive and negative are staying in bitcoin. If government just see bitcoin from negative side, most probably they will ban bitcoin.
But in my mind i hope its not happen.
well , even if the countries banned bitcoin, but it is a decentralized network ,
so it is impossible do that unless all the Internet paralysis.
not necessarily, it wouldnt have to go that far in order to effectively cripple or disable bitcoin. all that would need to be done is for isp's to block connections to the bitcoin network, and im sure they could manage to find out a way to do that, if they don't already know how. with that in effect, the internet could still function as it has been without disruptions, yet effectively cripple the bitcoin network. so it is impossible do that unless all the Internet paralysis.
December 10, 2017, 04:54:13 PM
In this world you cannot be sure in nothing in this you can be sure for sure!
December 10, 2017, 04:52:50 PM
Whoever banned it is not a problem. The only problem is the persons holding and transacting, if that stops then there is nothing to be done.
December 10, 2017, 04:50:34 PM
That question will never bother me. This is because in my country right now even the top guns are investing. Concerning some of the countries having issues with legalizing btc they will do later whether willingly or unwillingly.
I think this is the most likely outcome, but I also recognize that people smarter than me disagree. Consider this: most of the central banks and governments may not even feel threatened by Bitcoin right now. Maybe they believe it can be crushed by institutional markets, or maybe they still believe it's a fad that will die out.
But what if the trend continues? What if Bitcoin really is experiencing the S-curve of technology adoption, and it becomes one of the most valuable commodities in the world? If that happens, maybe it could really threaten a government's monetary sovereignty as bitcoiners suggest.
If so, I think we might see a war on Bitcoin like never seen before, as governments begin to mutually agree that they cannot control it by quietly allowing it to exist. Then we might see all-out bans on possession and mining -- meatspace exchanges/services would largely shut down and the economy would largely go underground. You could never kill BTC this way, but I wouldn't underestimate the effect it could have on the market.
December 10, 2017, 03:58:50 PM
well , even if the countries banned bitcoin, but it is a decentralized network ,
so it is impossible do that unless all the Internet paralysis.
so it is impossible do that unless all the Internet paralysis.
December 10, 2017, 03:56:30 PM
Hi,
First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
I am not an optimist and i think that sooner or later this will happen and we have to be prepared.
This hit the bitcoin price for sure,but i don`t think that it will damage the blockchain that much.
Bitcoin will continue to exist in the darknet,but the btc price will be way too low.
The good news is that bitcoin supporters can be found in most of the governments of the western countries,so they might try to stop such mass ban.
I agree Bitcoin either legalize it or it will be considered a threat. The BTC price shows its power. It can be uncomfortable. It is enough to be punished for using BTC. It will be the end ...
December 10, 2017, 03:36:32 PM
Simple.
You can't.
Unless you represent at least one goverement of a country and you vouch you will NEVER ban it , there is no way to make sure.
You can't.
Unless you represent at least one goverement of a country and you vouch you will NEVER ban it , there is no way to make sure.
December 10, 2017, 03:07:24 PM
That question will never bother me. This is because in my country right now even the top guns are investing. Concerning some of the countries having issues with legalizing btc they will do later whether willingly or unwillingly.
December 05, 2017, 02:24:23 PM
Hi,
First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
I myself do not know if this will go smoothly or not, but every thing will always have pros and cons. If you read the news, there is a country called Indonesia. Their central bank mentions the ban of bitcoin as a means of transactions, but they do not prohibit the existence of activities that run there. I do not know what to do in order for a country to trust bitcoin completely. First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
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