Topic: What if Bitcoin is made illegal? We must reject the illuminati takeover ! (Read 10202 times)

i think it totally depend on you that what you will decide after it is consider illegal in your country, as most of the people still using it illegally as their states had already consider bitcoin as illegal currency.

I would say, it will not become completely illegal and I also would not compare bitcoin to chemical or biological substances in the sense of criminalization.

Substances have direct effect on a person's biology, whether it is good or bad effect it does not matter, but it can make the argument emerge and thus justifications.

Bitcoin is a virtual object. It never has direct effect on people's biology. Also, it is unarguably evident that bitcoin is a more efficient means of transport for value. The only part that can build up an illegal aspect is that it can be used anonymously, thus also be used for money laundering and moving criminal money in large amounts.  Therefore the use of bitcoin might become strongly regulated, while it actually already is. All bitcoin traders need to follow the regulations set for a financial institution.

yes that is right to say in fact bitcoin is now becoming more and more popular and people are going to invest their money which is really making bitcoin more and more popular, i think a time will come when all the people will be using bitcoin and then countries will defiantly accept bitcoin as legal currency.

to me still not a sing country consider bitcoin as illegal and therefore people are using it and hope that state will really take positive step toward bitcoin.

yes i think so. but to me i think still not a sing le county consider bitcoin as illegal currency, or given any statement about bitcoin, that either it is legal or illegal and that is the reason that people are using it for freely.

first it is no possible as bitcoin is the need of the day and its importance is increasing day by day, therefore not a single country is going to consider bitcoin as illegal currency, all the countries of the world will accept bitcoin in future.

The problem I have with this is that bitcoin does not actually exist, it has no physical presence (bar the thumb drive to save .dat) in any country, to make a law is somewhat scaremongeing in my opinion.

even if every country's legal systems unite and ban the bitcoin, as long as we have a P2P network it will survive.

so the real question is will they ban the internet? will they close of the WWW and have localized controlled information in every area of the world?

It will put a crimp in bitcoins plans but even then I cant see it being destroyed, there's more chance of every president shooting them selves at the same time in the same place.

But still not impossible as they are just pawns anyway.

just my two cents.

yes it is a fact that if a country has really banned bitcoin and turn it illegal then you should not use it if you are living in that country, because if you will not follow the rules then you will be certainly charge/

The price is steady, bitcoin applications are flourishing. You can buy beer and burgers with bitcoins. There are no illuminati. Government's are harnessing the opportunities rather than stamping them out. The future of bitcoin is bright, no need for fear

yes that is a fact that any government has nt yet given any statement about bitcoin, but still if a country declare it as illegal currency and decided to put the people who will use any crypto currency will be put in jail.

but i think the users of bitcoin are not too much which can effect the economy or the currency of a country, therefore i think yet not a single country banned bitcoin or call it as illegal and that is the reason that most of the people are still using it openly, without any restriction

but i think still most of the countries have no statement about bitcoin, they have not yet given any statement about bitcoin, and we can see that in the world of bitcoin there are paritcipant of all over the world, i think the countries are going to legalize it, if a single government give statement about its legalization then so many other countries of the will also legalize bitcoin.

I believe the Illuminati had a hand in bitcoin from the start. They are the ones revolutionizing the financial world, remember they want a one world government with its own currency.
Cryptocurrency fulfills this mission quite well.

because bitcoin has not been approved by all countries bitcoin all purely upon request (Sell and Buy) purely economic law of trade, in spite of these advantages many countries call it illegal. have a negative effect in the country and the currency used in other developing countries

You are right, with that we will face a lot of problems related to bitcoin, there will be some people who will use bitcoin online in those wallets and exchanges which will not ask for documents as with these we will not be exposed to our government and no one will know that we are using bitcoin,

bitcoin is giving benifit to all people there is no doubt about this, but if your state consider it as illegal and not allow any one to use it then it will be difficult for you to continue it specially if you do not like to continue illegal activity in our country.

i dont think so that bitcoin is under some one's control, to me bitcoin is free and not under the influence of any one, and that is the beauty of bitcoin, the price of bitcoin is so slow because people are not a little defensive after the bitfinex issue and now they are gaining their confidence again and hope the price will skyrocket very soon.

yes it is also a fact, and if some countries are against it, a time will come when they will also compare bitcoin as a legal currency, because all the other world will already have accepted bitcoin and hope that bitcoin will show a very very result after some time.

yes i am also expecting so, our government has also yet not given any statement about bitcoin, and that is the reason that people are trading bitcoin freely with out any fear, i hope that our government will soon declare bitcoin as a legal currency and will let people trade in bitcoin and get benefit from it.

i think in most of the states there is no statement about bitcoin, there will be few countries who have declared bitcoin as illegal but still people are using bitcoin there and government is not taking any serious action against this therefore i think we should not reject the Illuminati takeover.

but still government is not taking any action against the those people who are using bitcoin, its mean that government is not taking the issue so serious, and there is not such a bad effect on the economy of the state,

that is the main issue related to bitcoin. many people are accepting that bitcoin is banned in their country but still people from that country are still using it.

There are more countries in favor of bitcoins than those opposed to it.

No one is going to send btc packing.

yes it must be good in favour of the people but the govt thinking about this. if bitcoin is good in the favour our your country then certainly they will allow the  people to use it but if they found it not in the favour of the state then they may not allow you and may banned it in future.

At least in my country not like that will happen, our government is happy with bitcoin as it is giving benefit to the people and so the government will not have to take that burden, everyone is earning better with bitcoin.

Hey OP! Here's a thought for you, what if cryptocurrency was the idea of the illuminati all along?

I mean what better way is there to create a one world currency than to have everyone dropping fiat and buying cryptocurrency?

i think it will not be good and may not be remain effective if 99% of countries really banned it. i think bitcoin is still effective and people are interesting here because some countries are supporting it. and that is the reason that the price of bitcoin is increasing day by day.

no i am not agree with you. i think it is so high and sky rocket because some countries are still supporting it. i think if all the countries consider it as illegal at the same time i think the price of bitcoin will fell down to a very low level then. so pray that other countries also consider it as a legal currency.

no we are not going to do so because some countries have already declared it illegal but still we can find so many people from these countries and they are using it.

I do not thinks so. The bitcoin protocol is controlled by the Core team, that is why the price is so low.

  dont f**k with bitcoin 

the illuminati can not made btc illegal..because btc decentrelized..they can control the past and the present but they can't control the btc

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Bitcoin isn't illegal  guys because this is just a prosperty we can buy or sell st this is legal 

Leaving aside the illuminati nonsense, I don't see why bitcoin should be made illegal. And if some countries should decide to ban it others won't. And internet will be free. At least I hope it will remain that way.

Legality only effects those who choose to listen to the law of their land.

I think regardless of Bitcoins legality status it will be used. As for the illuminati garbage, I don't think it's going to have a toll on BTC.

Bitcoin is just a property or goods. People can buy or sell it. There is no reason to declare it a illegal thing.

If bitcoin was ever made illegal then it would be time to move on to one of the 300+ other crypto coins out their. Even if it got made illegal people would still use it and places where bitcoin is banned people still use so I doubt much would actually happen other than corporate business would stop using and forced to look at other alternative crypro and move away. Would be a sad day if it really happened but cant control governments decision in making it illegal.

As long as no one owns the internet privately, they can't make bitcoin illegal. Besides, how can they make it illegal? They don't have power over it like with banks. That's the great part about bitcoin. It's freedom.

Well they won't. It's too complex to be declared illegal to be honest. The amount of users depending on BTC are too high to ask them to roll back.

Governments have much more serious issues at hand. Let them handle those first...

However should this event really happen, the prices will obviously deflate to almost 0 I guess.

If the bitcoin succeeds in other countries and benefit the people in other countries, I think the attitude of the governors in your country will also change.

If the government says that Bitcoin is illegal, we as the citizen of that country could not say anything about it, we may protest, but it wouldn't be effective unless we have the majority on our side.

Bitcoin is being used for illegal activities..
but so does fiat..

That one will not become the reason as to why bitcoin will be considered illegal

The Chinese government is going to make a digital coin. Let see what it will be. It might affect the adoption of bitcoin.

I'm sure governments could try to make them "illegal" but it would be like making alcohol illegal in the 1920's. Bitcoins are totally anonymous so it would also be really difficult(if not impossible) to create top-down government laws for bitcoin and the bitcoin coding is open source so bitcoins can always just be renamed if all else fails

Uh, yes it can definitely be made illegal--the same way child pornography and drugs and all that other stuff that bitcoin can buy is already illegal.  Mostly globally, too.  That doesn't mean people will stop using bitcoin of course, just like they won't stop using the two things I mentioned either.  It will just be illegal.  Just like it's illegal to print your own money.

In the future, we will be paid in bitcoin, we buy things with bitcoin. We pay tax with bitcoin. There is no need for other fiat.

Yes but there are many people who are into it for gain/profit and an easy example would be traders ,they trade and make some extra coins/money and what is the point of doing it if they don't cash them out ?
investors in altcoins also fall in the same criteria.

If bitcoin is made illegal then we cannot use it ,No thermos won't even get an appointment to meet the president's and to discuss anything loll.

Why would you want  to change Bitcoin for fiat currency? The whole point of Bitcoin is that the devaluing fiat currencies are no longer required.

Russia may be a test ground for what could really happen in a country if cryptocurrencies are made illegal.
http://www.coindesk.com/russian-minister-confirms-plans-to-ban-bitcoin-to-fiat-conversions/

but now its too far. People realised that have alternative for money and even if bitcoin fail, something new appear

not sure if it will sky rocket, more like it will sink to the bottom.
because who would want a currency that you cant exchange for legal
money. plus not every illegal thing has a high price. but when bitcoin
became illegal its done.

Yup they are pretty much powerless against a peer-peer network.

once it's illegal, it will sky rocket like everything that is banned or it's illegal.

I hope it does.

People can make amazing things if they will cooperate and focus on one goal. Bitcoin simply cant be banned

You mean the Federal Reserve (FED) not the Illuminati.
The FEDs hate Bitcoin because they have no way of robbing its users. The FED has been robbing the users of the USD for a while now.

i think government will try contain bitcoin because it will take over fiat
but i am not sure if made illegal , or how far they will go to try and take over

I think it would be like most things illegal, people will find ways to do it anyway. However, bitcoin is not addictive like other illegal things so it would hurt the value for sure. But it would also need to be across a large portion of the 1st world countries, not just one offs around the globe

Some countries already ban bitcoin, so yeah it could happen.

In countries where there is a crisis it is appealing to ban bitcoin, since bitcoin is a way to sent your money easily and cheap over the border.

The limit paypal has (2500 USD), don't apply with bitcoin.

I don't think the whole world will instantly make bitcoin illegal. They should have valid grounds to do that.

For that matter they could ban paypal too and any kind of service where you collect credits online, because it's the same concept.

When regimes begin to really go bad, campers, two things co-occur. The first is that the regime makes lots and lots of increasingly unreasonable laws. The second is that the regime's ability to enforce those laws becomes weaker and weaker.

So, bans on cryptos will, for a while, result in all manner of chaos; but the decentralised nature of cryptos will triumph, particularly as the global economy really begins to tank, and particularly in nations that loathe the west. Borne on the breeze like mushroom spores, cryptos will just keep poppin' up all over.

Mark

[Australian? Why not register at Intergalactic Platypus?: ]

This is possible and it could happen.

But since it's online currency I doubt that every country around the world will make this happen.

There is no use of one government to ban bitcoin. It is a internet money. If 99% of governments ban it, it is effective.

It is not about online wallets only. Imagine all bitcoin exchanges closed, or bitcoin payment processors which are serving small merchants like BitPay.
If bitcoin won't be accepted by business then there will be HUGE price crash and panic. It could be potentially end of bitcoin.

Which is why people should always learn to use their own wallets and stop relying on web wallets no matter how convenient they might be. When online services are blocked, you still have some options to use and trade BTC if you have access to your own private keys. They can even try to block port 8333 but you can still use a client through TOR.

I believe bitcoin will skyrocket higher because it has improved the marketing and selling of clothes and electronics already banyak..dan for the case to be in prison for bitcoin I think it's unlikely because there are no regulations have violated bitcoin although some countries there are pros and cons but I sure bitcoin will advance to today

Bitcoin is similar to other properties in the world. It is similar to gold as value storage. Gold can be confiscated by the government and this happened several times in history. Bitcoin is internet money. It cannot be banned without disrupting the internet. internet is universal. 

Bitcoin is a legit currency, I doubt they would make it illegal

Maybe in some countries I can see this happen as it's already banned in some countries right now

I've never heard of this actually, what happened in Venezuela?

No, not really. There are some ways to block bitcoin quite efficiently. While bitcoin has no central authority that is not a problem for governments to take action against it.
We have seen already tests of mass blocking every bitcoin service in some countries, Venezuela conducted that tests recently and everybody was in shock.

Bitcoin p2p trading can't be blocked, but almost every bitcoin related services can.

Bitcoin cannot be made illegal, it is decentralized which means no one party can control it.
You would have to go into every miners house and remove their mining equipment to stop Bitcoin.

Well said.. my friend  ... thanks for your answer
I agree 100% ..

For me it’s now very clear that with the OpenSource decentralized power that lies in the Bitcoin and Blockchain technology we  finally have an opportunity to transfer the power from the old elite and create a new and better elite based on truth and justice, instead of lies and violence.

Now we just need some Gangsta rappers to realize that true OG's promote Bitcoin 

I just did a video on that >> https://www.youtube.com/watch?v=3HYwoErAtsI

/ Stay cool

first you need every GOV out there to illegalize bitcoin not just one, because i can simply go abroad and start to use it again without problem

second i'm not believing in this illegality thing, i'm sure that in russia or other countries where they say that they put you in jail, because you use bitcoin, there are still people that use it

how the hell they can track purely usage of bitcoin without conversion in fiat, and especially how the hell they can connect the ower to the address, if i'm simply moving funds, for buying locally, face to face?

it's impossible, it's all fud, made by the gov, to limit the adoption in their area

What if they one day Bitcoin was made illegal and governments label anyone speaking of any kind of decentralized currency a "Subversive Terrorist" or extremist allowing cops come to arrest you for speaking your mind or trying to develop technology outside their closed gardens.

Do you think this could ever happen?

Think about it.. some places you can be thrown in a cage and have your life destroyed for having the wrong plant in your pocket.

I always advocate to educated yourself in regards to our current system of laws and punishment and do you understand how the FAKE, Fiat Currency System works.
Tell people to do their own research, YouTube has lots of videos about this. Try searching " How Banks Create Money out of Thin Air" - (I know over 90% of everybody on this forum have already)

Also do you know anything about the people who came up with the idea of this FAKE, Fiat Currency System? or why they created it ?  - (Again I know over 90% of you guys know about this but I will not rest until everybody understands)

Bitcoin people, stand strong in your beliefs and remember your only enemy is the accuser that offers no workable, constructive solution or dialog.

I talk about this in my videos on YouTube:

So without any shame I am going to selfishly plug my two videos about Bitcoin and request you to share them and comment on them also… 
testing my luck ? please tell me if anyone think that I am breaking any guidelines by doing so ?

Video 1) A Bitcoiner's paradise - there is no way back now ! Bitcoin freedom is here.
https://www.youtube.com/watch?v=0DpAieJgm00

Video 2) What if Bitcoin is made illegal ? Bitcoin people - To succeed we must reject the illuminati and freemasons !
https://www.youtube.com/watch?v=vfq2WNgxInQ


See you soon in Bitcoin heaven or fiat hell.. make your best move governments 

Until then.. Stay cool