Topic: Serious topic: how can we be sure Bitcoin will not be banned by most countries? - page 7. (Read 1908 times)

Sounds like great logic here hope things will be fine. We will all immigrate to Belize if we need to, lol.

when some countries ban bitcoins, some other countries will accept it to have the hot money in, unless all the countries come to an accord, that's impossible.

the possibility could happen, but whether all countries will do that, I feel .... will not, because there is also a demanding and legal state.
hopefully not affect the sale of bitcoin !!

Lets assume the US government wants to ban BTC. The supreme court already ruled, that software of any kind is protected by the 1st amendment. There are nine categories, which are not considered 'free speech" ( http://www.newseuminstitute.org/about/faq/which-types-of-speech-are-not-protected-by-the-first-amendment/ )

In conclusion: Transfereing BTC from one wallet to another can not be banned under current US law. There are also technically problems to ban BTC. The wallets are anonymous (if you cloak your IP/dial-in via anon-service) so in order to ban BTC, the US government has to detach themselves from the internet, build an own national intra-net and ban anon-service. That way, they can see who is using BTC and prosecute the users of it.
That will never happen, if you ask me. What the government actually can do is banning BTC from the exchanges so that you can't trade BTC into fiat currencies. That is all they can do, as far as I'm concern. But of course they can pull something illegal. Executive Order 6102 is considered unconstitutional today, it forbid US citizen and foreigners to own gold from 1933 to 1974. So this might happen again in the future.

Thanks for all the constructive replies.

I guess, our hopes are in western countries, said democratic, such as US, UK, France, Germany, Northern Europe, Australia, Japan. etc
I think if in those countries alone, the demand for Bitcoins grows, it should be still good news for the investors we are.

Those countries should find a way to benefit from Bitcoin (taxes...) rather than banning it. I hope so!

One of his serious questions is that there is no accurate answer. Bitcoins are a bit of an internet so if you stop accessing it at the same time stopping the internet. Bitcoins do not control anyone so there is no way to stop it but I can see and catch the builder that Satoshi Nakamoto might have chances but you really find it hard to identify and see. So let's accept it and embrace because bitcoins can change the way of payment

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.

The form of government will be my basis on how will Bitcoin will survive and not be banned in a country. There is a high possibility that Bitcoin will not be banned if a country is practicing a true democracy. In my view, a country that people have freedom to choose is likely will not ban Bitcoin.

Well, if there is one thing I learned in this world it is that nothing is really impossible...anything can happen as far as Bitcoin is concerned in connection with the many governments who are right now looking at Bitcoin with unkind eyes. They can ban Bitcoin or rather the use of Bitcoin in their own territories and they  have the power to do it as shown by what China did last month. Of course, technically they can't stop Bitcoin because they do not own the Bitcoin network but they can put regulations making it hard if not impossible for their citizens to deal with Bitcoin.

Now, what can we do to help? Essentially, there is nothing we can do. The power of the government does not belong to us even if we can ideally say that all power emanates from the people (this power can be good in election days and not really all the time). Not all countries fully subscribed to the democratic ideals people in the West are upholding and practicing. This is a big reality we have to contend with. We can't create our own government and declare Bitcoin to be fully legal. Or maybe not for now.

We can only hope that those countries already opened for Bitcoin will continue on supporting the cryptocurrency bandwagon and will not change their mindset about it. Plus we do expect that there would be more countries to join us here in the Bitcoin family -- maybe by next year. As for you, just continue on HODLING to your Bitcoin because for sure it is now travelling to the moon.

It depends on what bitcoins do to us. And what this impact on us is. Because if bitcoins are good then the government will not stop them anymore. Actually the bitcoins are famous for many lives that have changed it so it's less likely to disappear

They cant ban bitcoin, its the same as banning internet

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

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.