What If Bitcoin is banned? - page 20.

Gabrieelle

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Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

I would still use it even it is banned in our country. How would I use it? There are many exchange site on the internet and I think the government cannot track if that money was came from bitcoin. For example I live in the Philippines and bitcoin is banned in our country. So what I am going to do is to exchange my bitcoin into dollar and the I am going to exchange my dollar into our currency.

Lpim01

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It's a big war between the government and the community if happens that it will banned. And it's a big loss to us especially for the investors, everything will gone at all.
But this prediction can't be happen at all because bitcoin is now on the road to greatness, most of us still believing that it would survive for a long time and everyone could earned benefits from here. This would bring the world for a new generation in terms of using digital currencies.

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Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

The only possible reason for Bitcoin to be banned in a certain country is if it will be used on illegal transactions. If it would be banned,I would transfer to altcoins because even if I still want to use Bitcoin in my country, I won't be able to use it. But if Bitcoin will be banned, the price will increase because of the demand. It has to do with the relation of supply and demand.

lighpulsar07

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Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

Yes i will still use bitcoin if there is bitcoin ban in my country there are many ways to use bitcoin even if the bitcoin is banned in my country (is not) i will use vpn to use bitcoin and in case of cashing out i will use exchanges to cashout bitcoins and tranfer it to skrill or payza that is i'm gonna doing if the bitcoin is banned in my country

serjent05

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Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

There is always person to person trade, aside from that there is also a dollar to personal account transfer. Internet has no bounderies, unless government locked the nations internet. I will definitely use it because it is one of the source of my earnings. Though I will be super careful not to be caught since probably I'll end up in jail or all my properties will be confiscated once the government that banned bitcoin knows about my involvement with Bitcoin.

josephpogi

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Quote from: barhavsky on September 07, 2017, 11:44:59 AM

if bitcoin is banned I think many people get into trouble because many people use bitcoin as a job to earn money.

Yup if bitcoin got banned many people become sad or mad? Becuase many peole have a high rank and bitcoin will give us a source of income . But i hope may not happen .

Fireblade

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Quote from: daringdiscovered on September 07, 2017, 06:57:06 PM

Quote from: Camello on September 07, 2017, 06:10:02 PM

I think if it ever gets banned it will just strengthen it as a concept. That would mean they cannot compete with it anymore and decide to outlaw it. Then for sure some other thing will arise from it. Wink

I think banning bitcoin is not going to happen, there is no reason to ban it, so why ban it? Besides, some countries already invested in bitcoin, and hopefully, all of the countries all over the world will embrace bitcoin and make it as the world currency, that way, every transaction that we are going to have will be more fast and convinient.

that is right to say that we are not expecting that bitcoin is not going to banned. i think even some countries have not yet announced bitcoin as legal currency but still they also never declare it as illegal currency and therefore they are not going to banned it, i am hopeful that with the passage of time bitcoin will become more popular its population will increase more and more and then it will become more easy for the countries to declare bitcoin as legal currency just like Japan.

Baehr123456789

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The countries where bitcoin will just cripple themselves and their economies. Most countries will only levy Bitcoin instead of bans.
If my country forbids bitcoin, I will transfer it bitcoin into cash in many different ways and start using them.
I hopefully, all of the countries all over the world will embrace bitcoin and make it as the world currency, that way, every transaction that we are going to have will be more fast and convinient.

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Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

I'll still use it, if bitcoin is banned , i will use it on secret and for sure exchanges will not be available on my country therefore i should use international exchanges like paypal. It's really hard to exchange your bitcoin to other people or members of the forum since paypal is not a good choice but that's the only way that i see to exchange my bitcoins and turn it into fiat money.

daringdiscovered

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Quote from: Camello on September 07, 2017, 06:10:02 PM

I think if it ever gets banned it will just strengthen it as a concept. That would mean they cannot compete with it anymore and decide to outlaw it. Then for sure some other thing will arise from it. Wink

I think banning bitcoin is not going to happen, there is no reason to ban it, so why ban it? Besides, some countries already invested in bitcoin, and hopefully, all of the countries all over the world will embrace bitcoin and make it as the world currency, that way, every transaction that we are going to have will be more fast and convinient.

tristan1960

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Quote from: Valzzz005 on September 07, 2017, 05:32:21 PM

Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

If ever that it will happen, a lot of bitcoin holders will be criminal including me. Because we will not give up our bitcoins that easily knowing that it is our investmentamd we have already a lot of money in that. We will secretly ised is because it is illegal but no onecan stop us because it makes us an easy money rather than normal job. Besides they do not benefits on bitcoins that's why they do not want it. But if they just accept bitcoins as a currency iur life will be simple. This is an opportunity for those who are unemployed.

We shouldn't be criminals, this way they will see the bitcoin society is clean and they will let us perform our transactions in a legal and secured manner. Otherwise we'll be dealing with this legal problems for decades.

Camello

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I think if it ever gets banned it will just strengthen it as a concept. That would mean they cannot compete with it anymore and decide to outlaw it. Then for sure some other thing will arise from it. Wink

Doell

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not difficult if bitcoin is banned in my country or all of you, bitcoin using per to per network as well the bitcoin is anonymous, unofficial market exchange bitcoin exchange problem has been widely circulated.

samycoin

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Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

I will still use it. I think if they banned the bitcoin in my country the exchanger will find way to fix it and I think it will not happen because bitcoin is very useful and many people helped by bitcoin.

777Bitcoin

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I don't think that is possible in our country, even a single hacker they can't stopped by using the internet and making fun of our government sites. That's a single man doing and can't be traced, bitcoin users in our country are a million times of number. So I conclude that our government officials will just fooling themselves in doing or just attempting to banned crypto currency and Blockchain technology.

Valzzz005

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Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

If ever that it will happen, a lot of bitcoin holders will be criminal including me. Because we will not give up our bitcoins that easily knowing that it is our investmentamd we have already a lot of money in that. We will secretly ised is because it is illegal but no onecan stop us because it makes us an easy money rather than normal job. Besides they do not benefits on bitcoins that's why they do not want it. But if they just accept bitcoins as a currency iur life will be simple. This is an opportunity for those who are unemployed.

TTMNewsK

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If they'll be banned bitcoin then many people still keep using it.
No one can stop them from using it.
All of us, we really value bitcoin so I think we wouldn't let it happen.

pinoyden

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Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

i think bitcoin will not be banned in our country , in fact many banks now here in our country are approving bitcoins to be soon used as a legal payment methods on some resaturant , stores, establishments. but if bitcoin will be banned i guess ill have to use another crypto currenciy like etherium, doge, litecoin its also good to use other coins because they tends to be low in transaction fees unlike the bitcoins which costl a lot more fees.

soy

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Yes the bitcoin will never be banned. I think that no state, no bank has the power to regulate anything and therefore to prohibit its use. The blockchain is public, it belongs to nobody and everyone at once ... The only "disappearance" of the bitcoin possible, would be that the 21 million pieces are lost forever on wallets whose passwords have been forgotten. Other than that, I think that nothing will ever stop the bitcoin, as it could be the case with the regulation of ICO in China ...

MisterKT

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The bitcoin is based on a decentralised network, and self regulated.
Even though the bitcoin is banned you just have to avoid to withdraw your existing coin(s) and let it(them) on your digital or physical wallet: in that way you still can use it(them) without being bothered.

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