What If Bitcoin is banned? - page 26.

rezurect

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Quote from: freebutcaged on September 05, 2017, 08:48:05 PM

Stupid question mate, I will keep using it online to purchase whatever merchants are selling and of course whatever I need to buy if possible to pay

With Bitcoin and if I ever needed to sell Bitcoin but I couldn't do it in my own country then I'd just try to find a buyer from outside of my country to

Sell them my Bitcoins for dollar and receive it via paypal or credit card, problem solved.

No such things as stupid questions, and imho this question is far from stupid.
While a ban in practice wouldn't really be feasible, governments can make it very hard for bitcoin if they want.

To the point where legally exchanging to fiat wouldn't be possible, or that vendors can't officially accept btc no more etc.

Everyone is saying we will all keep using it, and of course most of us will, but this would be a serious downfall for bitcoin if it ever would happen.

LouVandetta

sr. member

Activity: 602

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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 it comes to that way, I'll still use it.
As for how to use it, there might a way. But, like that's gonna happen.
A lot of bitcoin user in my country, so, if goverment really think that they could ban it, nah, I don't think so.

MetaVerde

newbie

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I'm unclear how banning Bitcoin would work?

Brama Jasa

sr. member

Activity: 530

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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 bitcoin ban in my country i still use bitcoin because only bitcoin give me income every day but if there is a rule for bitcoin users, anyone using bitcoin will get a fine or a new penalty I will not use bitcoin

KnightElite

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Activity: 924

Merit: 275

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 bitcoin will not be banned in our country because the government accepted now the bitcoin as our daily payment. I can now use bitcoins to pay our utilities and expenses and also foods.

freebutcaged

hero member

Activity: 588

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Stupid question mate, I will keep using it online to purchase whatever merchants are selling and of course whatever I need to buy if possible to pay

With Bitcoin and if I ever needed to sell Bitcoin but I couldn't do it in my own country then I'd just try to find a buyer from outside of my country to

Sell them my Bitcoins for dollar and receive it via paypal or credit card, problem solved.

dimastegar

sr. member

Activity: 798

Merit: 251

Small Trader

I will keep using Bitcoin. Maybe with other country SSH or VPN networks. I do not think this will be easy. And I read the possibility of Bitcoin being blocked in my country is 1.1%..

drwhobox

full member

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- hello doctor who box

Bitcoin is bannew is some certain country's. I would still use it in exchange to other money like fiat and paypal and other payment servicesI do need to use a vpn tho.

cybersofts

copper member

Activity: 658

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Quote from: lady Royal on September 05, 2017, 06:57:51 PM

Quote from: aryaadikariyansyahsuwarto on September 05, 2017, 06:55:09 PM

Quote from: jovs on September 05, 2017, 06:49:43 PM

Quote from: aTriz on September 05, 2017, 05:24:32 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.

Don't really think this is possible since there is just no point in banning Bitcoin. The countries that ban bitcoin would just be crippling themselves and their economy. Most countries would just tax Bitcoin instead of taxing it.

I also do believe that the concept of banning bitcoin is quite impossible to happen because government dont have specific reason they could set for them to banned bitcoin in the first place. I would rather see bitcoin as a future of transactions because it offers faster and reliable transaction. It can also be a good thing for people in the process of earning and making profit in the future.

I really agree with you, because in my opinion there is no reason the government forbids bitcoin, we also will not accept if the ban is no clear basis. We should not think of things like that, we better think of a bright future with bitcoin.

What can you do against Government? You cannot do anything against Government? But we can at least stand against government if anything like happen(or we let it happen)?
I agree with you that It is really hard to ban Bitcoins ( I have heard many rumors lately)

If your country banned using bitcoin that is within your country.
You can still buy and sell things online using bitcoin, what difference does that make?
Don't let your country or anyone else stop you from following your dream. You should defy your boundaries.

lady Royal

hero member

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Quote from: aryaadikariyansyahsuwarto on September 05, 2017, 06:55:09 PM

Quote from: jovs on September 05, 2017, 06:49:43 PM

Quote from: aTriz on September 05, 2017, 05:24:32 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.

Don't really think this is possible since there is just no point in banning Bitcoin. The countries that ban bitcoin would just be crippling themselves and their economy. Most countries would just tax Bitcoin instead of taxing it.

I also do believe that the concept of banning bitcoin is quite impossible to happen because government dont have specific reason they could set for them to banned bitcoin in the first place. I would rather see bitcoin as a future of transactions because it offers faster and reliable transaction. It can also be a good thing for people in the process of earning and making profit in the future.

I really agree with you, because in my opinion there is no reason the government forbids bitcoin, we also will not accept if the ban is no clear basis. We should not think of things like that, we better think of a bright future with bitcoin.

What can you do against Government? You cannot do anything against Government? But we can at least stand against government if anything like happen(or we let it happen)?
I agree with you that It is really hard to ban Bitcoins ( I have heard many rumors lately)

aryaadikariyansyahsuwarto

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Activity: 714

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This Is Promissing Project

Quote from: jovs on September 05, 2017, 06:49:43 PM

Quote from: aTriz on September 05, 2017, 05:24:32 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.

Don't really think this is possible since there is just no point in banning Bitcoin. The countries that ban bitcoin would just be crippling themselves and their economy. Most countries would just tax Bitcoin instead of taxing it.

I also do believe that the concept of banning bitcoin is quite impossible to happen because government dont have specific reason they could set for them to banned bitcoin in the first place. I would rather see bitcoin as a future of transactions because it offers faster and reliable transaction. It can also be a good thing for people in the process of earning and making profit in the future.

I really agree with you, because in my opinion there is no reason the government forbids bitcoin, we also will not accept if the ban is no clear basis. We should not think of things like that, we better think of a bright future with bitcoin.

jovs

sr. member

Activity: 672

Merit: 250

Quote from: aTriz on September 05, 2017, 05:24:32 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.

Don't really think this is possible since there is just no point in banning Bitcoin. The countries that ban bitcoin would just be crippling themselves and their economy. Most countries would just tax Bitcoin instead of taxing it.

I also do believe that the concept of banning bitcoin is quite impossible to happen because government dont have specific reason they could set for them to banned bitcoin in the first place. I would rather see bitcoin as a future of transactions because it offers faster and reliable transaction. It can also be a good thing for people in the process of earning and making profit in the future.

Mikasa77

member

Activity: 140

Merit: 10

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.

First of all, bitcoins became very useful to us in terms of earning and investing money. If bitcoin will be banned in our country, we will lose the capability of earning it as well as making money online. Those people who earn in this kind of job can no longer earn extra money. And i think if its banned, we cant be able to use again and also for exchange.

lady Royal

hero member

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Quote from: Cobalt9317 on September 05, 2017, 06:29:24 PM

If a lot of transaction was illegal and including BTC it could be banned in my country fortunately it is still acceptable as a currency crypto though.

I will still use it no one will know that you are using BTC you can still trade it here in forum, nevertheless can't guaranteed that you will not get caught using BTC it is only a matter of luck.

It will not depend on whether the Bitcoins is used legally or illegally, It will be banned if there are much interest of people and they will start giving importance to bitcoin over USD I guess or local currency and if people will not pay any tax if there is any in future.

albertorma

full member

Activity: 173

Merit: 105

I would HODL them. I don't think they would loose a lot of value, bitcoin is decentralizated, besides they can't control it.

Also illegal ≠ imposible. Just play very very safe and smart.

pairinpay

full member

Activity: 434

Merit: 103

I think it will still be used. But likely the user base will decrease slowly as it will get harder to use and people would prefer convenience. Be carefull be succes!

Inkdatar

hero member

Activity: 1582

Merit: 523

I'm not thinking this would happen in the future as bitcoin is very useful for many. And other countries legalized bitcoin and this one of the source of income for many users. But let's say suddenly banned I think we cannot use it and we're having a difficulty to use or to convert btc into cash.

Cobalt9317

copper member

Activity: 434

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Offering Escrow 0.5 % fee

If a lot of transaction was illegal and including BTC it could be banned in my country fortunately it is still acceptable as a currency crypto though.

I will still use it no one will know that you are using BTC you can still trade it here in forum, nevertheless can't guaranteed that you will not get caught using BTC it is only a matter of luck.

appleyard

member

Activity: 359

Merit: 15

is it posible that bitcointalk will banned in a specific country.. if this happen using proxy webits will do the job to access this site and change your ip address to become other country address..

Jerfer

full member

Activity: 121

Merit: 100

Banned? What bitcoin? Oh yeah, lost them in a "boating accident" Wink

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