Topic: What if all the governments of the country united to strictly prohibit the exist - page 5. (Read 715 times)
May 13, 2018, 05:41:18 PM
That is hardly possible. The will be at least one one (most likely more) state which refuses to do so, so it will become a haven for all crypto projects and prosper because of all these capitals rushing into it. So it will, in turn, trigger some other countries to reconsider their attitude to bitcoin.
May 13, 2018, 02:36:32 AM
If all countries combined BTC is forbidden, so its price will be very low, I will throw my hold COINS, because all the exchange will be closed, only a small number of people believe that BTC, it will be a small group of people.
May 13, 2018, 04:10:30 PM
This is simply impossible. States can no longer unite to prohibit the circulation of crypto currency. Already a lot of states recognized the existence of the crypto currency and appreciated its advantages. as well as its advanced blockchein technology. So, first of all, we see that the countries of Europe and the European Union governance bodies positively assess the crypto currency, so there will hardly ever be a situation in which the crypto currency can be banned.
May 13, 2018, 02:42:11 AM
I think that if worwide government will prohibit the cryptocurrencies, we will be still working, but the way we do will change
May 13, 2018, 02:09:14 AM
If all countries shut down, it would not be worth it!
Once the law is banned, it cannot be circulated, it cannot be bought and sold, even if you hide it, you can't eat it and you can't exchange it for anything else. What else can you value?
In fact, BTC is recognized by many countries in the world, BTC will be recognized by the whole world in the future!
Once the law is banned, it cannot be circulated, it cannot be bought and sold, even if you hide it, you can't eat it and you can't exchange it for anything else. What else can you value?
In fact, BTC is recognized by many countries in the world, BTC will be recognized by the whole world in the future!
May 13, 2018, 01:35:46 AM
I think it is very difficult to make the whole world ban bitcoin, because bitcoin is the first very good digital currency and greatly affect the economy of a country, and if that happens then I will quickly exchange all my bitcoin coins with FLAT money ...
I agree. And if all country agreed to ban crypto currencies but a lot of people depends on it, it will be a big problem to the institute and it will also be the problem if the government. The government depends on the people on what they will do for their country, now if their country wants cryptocurrency then they wont have any choice
May 12, 2018, 09:19:58 PM
someone once said "a government ban on bitcoin would be about as effective as alcohol prohibition was in the 1920s"
May 12, 2018, 09:09:18 PM
There seems to be no denying that governments can ban cryptocurrencies. Bolivia, Ecuador, Kyrgyzstan, and Bangladesh have already done so. Russia issued a draft bill to ban cryptocurrencies in October 2014 and recent rumors suggest it might follow through.
Invest only what you are willing to loose
Invest only what you are willing to loose
May 12, 2018, 09:06:53 PM
Each country has its own view regarding bitcoin and i think that some of them had already accepted bitcoin maybe because they know that it can help their people financially.
May 12, 2018, 05:16:04 AM
I think bitcoin is hardly to be banned around the world, for the benefit of each government is completely different, they can hardly be mutually beneficial. The government can close websites, they can catch trading floors, they can raise taxes. But the government can not stop an idea when its time comes.
Yes totally agreed, not all countries are the same perceptions on bitcoin that cause of banning mostly who adopt bitcoin those countries who want's to ride what is bitcoin and luckily that's what happen now here our country they are quiet in taking actions of bitcoin making policies.I know there are some governments who making money in bitcoin and ride the whale of what bitcoin is.
May 12, 2018, 04:35:02 AM
Perhaps one day with the current bitcoin advances, bitcoin digital currencies will be an international currency for all countries, and make it easier for every human to make transactions between countries when going to another country.
if it happens in the future it will certainly affect the paper money that exists around the world, whereas we know when the banknotes have a lot of history and symbolize the diversity of a country with other countries.
if that happens, surely the government will not remain silent on the matter, there will be an agreement between state governments to immediately close the bitcoin network to the world.
what will you do if you have a lot of bitcoin.
Ofcourse you should use your mind,atleast if youre a nood then exemption is for you.if it happens in the future it will certainly affect the paper money that exists around the world, whereas we know when the banknotes have a lot of history and symbolize the diversity of a country with other countries.
if that happens, surely the government will not remain silent on the matter, there will be an agreement between state governments to immediately close the bitcoin network to the world.
what will you do if you have a lot of bitcoin.
Before this will happen atleast news will broadcast this wont happen overnight ,so you will have a chance to sell the coins and convert to money,isnt it simple?since you said 'LOTS' of bitcoin on hand for sure theres a new door will open for me financially
May 12, 2018, 03:26:21 AM
I think bitcoin is hardly to be banned around the world, for the benefit of each government is completely different, they can hardly be mutually beneficial. The government can close websites, they can catch trading floors, they can raise taxes. But the government can not stop an idea when its time comes.
Yes totally agreed, not all countries are the same perceptions on bitcoin that cause of banning mostly who adopt bitcoin those countries who want's to ride what is bitcoin and luckily that's what happen now here our country they are quiet in taking actions of bitcoin making policies.I know there are some governments who making money in bitcoin and ride the whale of what bitcoin is.
May 12, 2018, 03:08:51 AM
I think bitcoin is hardly to be banned around the world, for the benefit of each government is completely different, they can hardly be mutually beneficial. The government can close websites, they can catch trading floors, they can raise taxes. But the government can not stop an idea when its time comes.
Yes totally agreed, not all countries are the same perceptions on bitcoin that cause of banning mostly who adopt bitcoin those countries who want's to ride what is bitcoin and luckily that's what happen now here our country they are quiet in taking actions of bitcoin making policies.I know there are some governments who making money in bitcoin and ride the whale of what bitcoin is.
May 12, 2018, 02:35:11 AM
I think bitcoin is hardly to be banned around the world, for the benefit of each government is completely different, they can hardly be mutually beneficial. The government can close websites, they can catch trading floors, they can raise taxes. But the government can not stop an idea when its time comes.
May 12, 2018, 02:14:00 AM
Perhaps one day with the current bitcoin advances, bitcoin digital currencies will be an international currency for all countries, and make it easier for every human to make transactions between countries when going to another country.
if it happens in the future it will certainly affect the paper money that exists around the world, whereas we know when the banknotes have a lot of history and symbolize the diversity of a country with other countries.
if that happens, surely the government will not remain silent on the matter, there will be an agreement between state governments to immediately close the bitcoin network to the world.
what will you do if you have a lot of bitcoin.
if it happens in the future it will certainly affect the paper money that exists around the world, whereas we know when the banknotes have a lot of history and symbolize the diversity of a country with other countries.
if that happens, surely the government will not remain silent on the matter, there will be an agreement between state governments to immediately close the bitcoin network to the world.
what will you do if you have a lot of bitcoin.
That's a nice idea but for me it will not happen... Yes probably a lots of country prohibit the use of cryptocurrency in their country... But still they cant control everyone of us to stop it... Bitcoin is not illegal nor scam... So if government banned it for me it will probably the worst problem of every crypto user... But as long as the time of bitcoin today is not against us... Don't worry about it... But incase it happen we need to depend the uses of crypto until the government realize it... Hoping that soon they will get thia point...
Let's face it, if all governments illegalize crypto, it will not survive. For whatever reasons the governments may have if that happens, it will start a massive decline and people will avoid being into bitcoin. Thise who would prefer to still use it will have an extremely hard time and market will shrink.
May 12, 2018, 01:50:42 AM
Perhaps one day with the current bitcoin advances, bitcoin digital currencies will be an international currency for all countries, and make it easier for every human to make transactions between countries when going to another country.
if it happens in the future it will certainly affect the paper money that exists around the world, whereas we know when the banknotes have a lot of history and symbolize the diversity of a country with other countries.
if that happens, surely the government will not remain silent on the matter, there will be an agreement between state governments to immediately close the bitcoin network to the world.
what will you do if you have a lot of bitcoin.
if it happens in the future it will certainly affect the paper money that exists around the world, whereas we know when the banknotes have a lot of history and symbolize the diversity of a country with other countries.
if that happens, surely the government will not remain silent on the matter, there will be an agreement between state governments to immediately close the bitcoin network to the world.
what will you do if you have a lot of bitcoin.
I am still thinking of the possibility that this kind of situation may happen that's why I am diversifying my source of income so that I can still manage even if the cryptocurrencies would be ban. This is highly unlikely to happen but we cannot eliminate this possibility so I am building a business as well in a different field earning fiat. Although most of my income is from cryptocurrencies, I am converting some to finance my business. Through this way, I wouldn't be bothered much thinking that my country would ban crypto although they are already issuing licenses to some crypto companies. If ever they would decide to ban it, I would just stop earning from it because I don't want to be put in jail just because I wanted to continue earning or using it.
May 12, 2018, 01:28:37 AM
Every country has its own ideas, and many countries recognize the legitimacy of bitcoin. There will be no joint ban on bitcoin.
If state management is also taxing rather than static.
If state management is also taxing rather than static.
May 12, 2018, 01:06:13 AM
When all the governments in the world United to banned Bitcoin then we will a shrap fall of Bitcoin and maybe that will be the end of Bitcoin, even though you can't stop Bitcoin but when you had a hard time to deposit and withdraw, people will find other things to invest, actually I don't see any chance that all countries will banned Bitcoin, but if the scenario really happened then the best is to sell all of it before the official news out
Definitely bitcoin will crash because in my country government has banned bitcoin and other cryptocurrency and now people cannot do transactions easily. It is a big problem for the investors in my country. But I think it will never happen that all countries of the world ban bitcoin, because now many countries are going to accept bitcoin and many already done it. May 11, 2018, 12:11:54 PM
If that happen when I have a lot of bitcoin there is no option except I will sell my bitcoin as soon as possible because if I keep hold it, I will lose my money, but I think that is possible to happen if bitcoin is prohibited all around the world because eventhough bitcoin become a global currency, bitcoin can't be use as main currency and we are still need local currency for daily routine.
May 11, 2018, 11:39:02 AM
...there will be an agreement between state governments to immediately close the bitcoin network to the world.
what will you do if you have a lot of bitcoin.
This Is Never Going to Happenwhat will you do if you have a lot of bitcoin.
Human beings are heterogeneous in perspectives and that is why there are always disagreements and wars because of failed compromises. Whoever thoughy this is merely joking. How is it going to be possible for all to agree to ban a thing as huge as cryptocurrency? Nah! This isn't going to ever happen. By the way, did we follow what happened at the recently concluded G20 summit which had in Argentina? Did we notice how divided the member countries were on the issue of cryptocurrency with many siding with the cryptocurrency stuff? So, OP don't panic. It won't happen.
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