I also think that these cryptocurrency bans are just temporary. China is a good example for it. They banned cryptocurrencies before but started letting people use them after. Now, they banned the cryptos again. But I don't think this will be permanent also. Eventually, they will let this again. Because I don't think that people will stop using cryptocurrencies still.
Really depends on who is the current head of the administration because if they were to put a leader that is more open to new technology including cryptocurrencies, then there's a likely chance that they will unban the cryptocurrency, also worth mentioning that if there's enough success stories and studies about cryptocurrency, this prohibitions will eventually be lifeted, OP's title is right, we are on the right side of history. 
Topic: The Crypto bans are temporary, we are on the right side of history. - page 4. (Read 1190 times)
July 16, 2021, 02:49:46 AM
July 16, 2021, 02:12:32 AM
currently all people are trying to stop bitcoin in their own way to prohibit its circulation.especially the government which expressly refuses bitcoin to circulate in their country which is currently being controlled by several factors, especially people who will take over, since bitcoin became a big business they have flocked to destroy bitcoin through the internet and pressure from the government
July 15, 2021, 06:04:48 PM
I also think that these cryptocurrency bans are just temporary. China is a good example for it. They banned cryptocurrencies before but started letting people use them after. Now, they banned the cryptos again. But I don't think this will be permanent also. Eventually, they will let this again. Because I don't think that people will stop using cryptocurrencies still.
About China, everything from them is temporary because they ban crypto again. They are a good example of how a government being greedy with their position and wanted to control everything at their premisis. But after all those banning scenarios, Bitcoin still getting strong and continue to spread. It was accepted that some people who will never appreciate Bitcoin will have to respect them. It can't be forever as I believe, sooner or later they will realize that Bitcoin has some importance to our life.
July 15, 2021, 05:44:54 PM
I also think that these cryptocurrency bans are just temporary. China is a good example for it. They banned cryptocurrencies before but started letting people use them after. Now, they banned the cryptos again. But I don't think this will be permanent also. Eventually, they will let this again. Because I don't think that people will stop using cryptocurrencies still.
July 15, 2021, 05:29:06 PM
As we can see, many countries are continuously banning cryptocurrency, and because of that crypto becomes more not accessible for everyone and also because of that many people are having troubles with it but what we are pretty sure of is that we are on the right side of cryptocurrency because this banning is just temporary, meaning it will just last for months or years but it will comeback to normal again.
^ How did you know this is not accessible for them? Even countries implement a ban on BTC and in crypto they can't stop people using it, there are too many ways to adopt BTC and cryptocurrencies even without knowing by the government. It seems the government sounds fool because they implement banning but the fact they cant ban BTC and crypto directly. People can do trade and invest using the decentralized platform or even can purchase anything online that accepts cryptocurrency. They will soon realize how useful to them BTC and other cryptos that have a unique technology, and that is a blockchain technology.btw will the any government be able to stop using it permanently? not possible to in any way because decentralized exchange is easy accessible in anywhere to all of the people’s.
ISP are really that serious on tracking out someone and tell the government or does comply if there are users who do access a certain site or something like that but that would be surely a tedious job to be done.
Unless if you are reported with having solid evidences then you are really fucked up.So better trade or invest with your own risk specially if its banned or does have impose restrictions.
You know on what would be consequences if you do get caught so be careful.
July 15, 2021, 04:06:02 PM
As we can see, many countries are continuously banning cryptocurrency, and because of that crypto becomes more not accessible for everyone and also because of that many people are having troubles with it but what we are pretty sure of is that we are on the right side of cryptocurrency because this banning is just temporary, meaning it will just last for months or years but it will comeback to normal again.
^ How did you know this is not accessible for them? Even countries implement a ban on BTC and in crypto they can't stop people using it, there are too many ways to adopt BTC and cryptocurrencies even without knowing by the government. It seems the government sounds fool because they implement banning but the fact they cant ban BTC and crypto directly. People can do trade and invest using the decentralized platform or even can purchase anything online that accepts cryptocurrency. They will soon realize how useful to them BTC and other cryptos that have a unique technology, and that is a blockchain technology.btw will the any government be able to stop using it permanently? not possible to in any way because decentralized exchange is easy accessible in anywhere to all of the people’s.
July 15, 2021, 08:28:17 AM
I completely agree with the OP. It is stupidity from the part of the governments to believe that they can curb the spread of cryptocurrency by laws, prohibitions and regulations. Individuals will continue to invest in cryptocurrency, because inflation will make all the other assets less attractive in the future. Apart from gold, Bitcoin is the only asset that is protected against inflation. And in order to deter people, the government needs to arrest millions of individuals and put them in jail. I don't think that they have the courage for all that.
July 15, 2021, 07:50:58 AM
although.there are many countries.that are trying to stop bitcoin but I really believe in.bitcoin itself.that very many people are interested in.the world of.cryptocurrencies, such.as what was.done by the Chinese state which prohibited.the circulation.of bitcoin in.that country, but it.is not impossible anymore that a when they will turn.things around to accept bitcoin and adopt.it in.their country for a long term investment for their society
July 15, 2021, 05:30:21 AM
Just like OP mentioned, the only reason the government and banks placed such bans on the use of bitcoin and other cryptocurrencies is solely because they want to retain control over financial activities which bitcoin came to undo.
However, going back in history, with every innovation that challenged the status quo, there were always oppositions but that didn't stop the move of all these innovations.
Bitcoin has come and it will stay because of the freedom it gives to the masses. Trust me, eventually the bans will be lifted and bitcoin will ultimately become the world's currency
However, going back in history, with every innovation that challenged the status quo, there were always oppositions but that didn't stop the move of all these innovations.
Bitcoin has come and it will stay because of the freedom it gives to the masses. Trust me, eventually the bans will be lifted and bitcoin will ultimately become the world's currency
July 15, 2021, 05:25:13 AM
You know the government seems to be upset with anything there can't put under their control and would want to kick against it, but with time it's actually going to be a history because what must be must be, the ban some countries lay on bitcoin isn't stopping it's growth, it is a sign that bitcoin is gaining more traction across countries and soon it will be accepted globally, it's just a matters of time everything will turn out perfectly. Soon the government will get to see the importance of crypto to it's economy
Probaby the reason for most of their banning is that crypto can't be controlled fully by them not like fiat which is controllable by them. I'm afraid some big countries are banning crypto for good so they won't experience how crypto will improve their country's economy.But despite of the fud and negative news about crypto, it is always undeniable that even if most of the countries will start to ban crypto, its growth and development cannot be stop anymore. Smart people have known already the potentials of crypto and if bigger community will come to accept crypto, more likely its adoption will come to possiblity in the nearest time possible.
July 15, 2021, 04:36:12 AM
There are currently many countries and governments suppressing the cryptocurrency market, but this is not bad news in the long run. Can analyze the current stress level. Many countries and governments do not want cryptocurrency to disappear completely. For partners who specialize in cryptocurrency, the current price of Bitcoin has reached the cost line of many institutions. Perhaps they are also silently absorbing funds, waiting for the opportunity for Bitcoin to rebound. In the long run, it is correct to believe and hold Bitcoin, because this is what I firmly believe!
July 12, 2021, 10:42:24 PM
At the level of technologies, there are many that have broken paradigms, have been freedom from governmental and business barriers, the Internet in its technological derivatives has allowed many areas previously dominated by small groups to free themselves, there are so many examples of success in a wide diversity of endeavors that it is impossible not to think that bitcoin will have its place.
July 12, 2021, 06:28:01 PM
You know the government seems to be upset with anything there can't put under their control and would want to kick against it, but with time it's actually going to be a history because what must be must be, the ban some countries lay on bitcoin isn't stopping it's growth, it is a sign that bitcoin is gaining more traction across countries and soon it will be accepted globally, it's just a matters of time everything will turn out perfectly. Soon the government will get to see the importance of crypto to it's economy
July 12, 2021, 05:57:42 AM
...
I was a kid when they were skeptical of the internet and smartphones...The government is always trying to find a way to control everything including Bitcoin but so far their efforts have been in vain. I saw from a study on Twitter status that the world is moving towards decentralization with Bitcoin as a start.
July 12, 2021, 04:28:52 AM
Yes, bitcoin will become stronger in the future. Although the crypto ban is happening in many countries, but that will not stop bitcoin from growing. Bitcoin will open a new chance for people to have a new way in the financial method.
Maybe the government can not accept bitcoin right now, but they can accept it in the future because bitcoin will have much time to wait until that time. We do not have to worry about the bad news because that will change into good news. The history will repeat in the future and we will see bitcoin makes a new history that will be different from the previous history.
I usually think positively about the future. I understand that those countries who ban crypto have their own stance, they didn't like crypto as they can't control them, they can't use their power instead. But honestly, they just care about their power and personal interest, not the benefits of their countrymen. Maybe the government can not accept bitcoin right now, but they can accept it in the future because bitcoin will have much time to wait until that time. We do not have to worry about the bad news because that will change into good news. The history will repeat in the future and we will see bitcoin makes a new history that will be different from the previous history.
It could just hope that they will consider the importance of crypto in the current generation and they have to forget about what they can get but to look what they can provide fortune to their people which I think was more important...
July 11, 2021, 05:12:49 PM
I guess most of you have noticed the rise in the number of banks and Financial commissions and Governments in different countries announcing bans on crypto purchases using banks, crypto exchanges, and in some case Bitcoin mining crackdowns. From UK to Japan, Canada (Ontario) to China, but one thing for sure is all those attempts can't stop a force that has already gained momentum. It only signals that the Bitcoin movement is going down the right path of history.
They want to have control of how people spend and transact but with Bitcoin and other cryptos, they are powerless, that's why they are not happy.
In 1996, the regulatory bodies tried to ban Internet phone software, the rest is history
Image source
China may be doing this to reduce the rate at which people participate in bitcoin seeing it as a detrimental to their digital coin. The government of China knows the significant problem Bitcoin might cause later if allowing it to gain more freedom might affects their own project. The government of republic of China had once supported the existance of Bitcoin which really helped it price and contribute to the spike that really push Bitcoin price.They want to have control of how people spend and transact but with Bitcoin and other cryptos, they are powerless, that's why they are not happy.
In 1996, the regulatory bodies tried to ban Internet phone software, the rest is history
Image source
Bitcoin is bigger than what people think it is now. No force can stop Bitcoin from existing and now that it has gained structure and muscles to face any difficulty of time. It has had similar challenges for the past years when it was hard for Bitcoin to work through all those tough time when the journey was still fresh. I believe the government of each countries that are against it now are still going to support it and add more value to it later in the future.
July 11, 2021, 05:11:15 PM
I don't think every government is smart enough to know about bitcoin instantly as they did and banning it or at least trying to ban it and only the ignorant people were the victim of this fear caused by the government to panic sell bitcoin and another crypto, and then government buys a chunk or crypto and removes the ban and people cannot complain about it, this is quite retarded and proves the point "A fool is bound to lose the money and continues losing it without learning anything"
The extreme steps taken by some of the governments jumping in to ban the entire cryptocurrency market is childish and the reason is because they do not understand the cryptocurrency market and they make their decision from hear say rather than having someone who understands the market. I am hoping that these foolish government would learn from their mistakes and overturn their decisions when the developed world accepts Bitcoin. July 11, 2021, 04:08:11 PM
Oddly enough, this can also be. But what if the countries of the world are really introducing bans on BTC just to take it away from each of us and be monopolists in the market? Perhaps soon something should happen in the field of finance, which will completely negate the use of fiat money. On the other hand, I heard information about the distribution of the world into currency zones, and then it turns out that all these prohibitions are directly related to this. Perhaps the countries have already agreed on what and how it will be, and right now they are trying to accumulate financial assets in order to have financial protection afterwards. This is all very suspicious and we need to be on the alert.
July 11, 2021, 03:55:46 PM
I don't think every government is smart enough to know about bitcoin instantly as they did and banning it or at least trying to ban it and only the ignorant people were the victim of this fear caused by the government to panic sell bitcoin and another crypto, and then government buys a chunk or crypto and removes the ban and people cannot complain about it, this is quite retarded and proves the point "A fool is bound to lose the money and continues losing it without learning anything"
The extreme steps taken by some of the governments jumping in to ban the entire cryptocurrency market is childish and the reason is because they do not understand the cryptocurrency market and they make their decision from hear say rather than having someone who understands the market. I am hoping that these foolish government would learn from their mistakes and overturn their decisions when the developed world accepts Bitcoin.Government does have their own point of view so its really to predict on what theyre next movement because decisions and bills would really be just popping out from nowhere.
Bitcoin cant really be stopped no matter how hard they do try.In talks about realizing the truth, for sure they are still finding up ways on how to get rid with it.
July 11, 2021, 03:34:07 PM
I don't think every government is smart enough to know about bitcoin instantly as they did and banning it or at least trying to ban it and only the ignorant people were the victim of this fear caused by the government to panic sell bitcoin and another crypto, and then government buys a chunk or crypto and removes the ban and people cannot complain about it, this is quite retarded and proves the point "A fool is bound to lose the money and continues losing it without learning anything"
The extreme steps taken by some of the governments jumping in to ban the entire cryptocurrency market is childish and the reason is because they do not understand the cryptocurrency market and they make their decision from hear say rather than having someone who understands the market. I am hoping that these foolish government would learn from their mistakes and overturn their decisions when the developed world accepts Bitcoin.Jump to: