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Topic: What if Bitcoin mining becomes illegal world wide? - page 10. (Read 3250 times)

full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
the sound not good , if Bitcoin becomes illegal , there's will so much people become poor again , lol
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Sounds from Bitcoin Mining hardware is probably the only way Government would know you own them. Creative people will be forced to come up with noiseless or low noise ones.
full member
Activity: 252
Merit: 100
Hello! I have always thought and shares my opinion that one of the risk of Bitcoin is it is being banned by the government of a specific country. But with this idea, given that it is actually possible, then it will just be a big lost to ever Bitcoin holder. But I don't think that this will happen just in one click. If this will happen, it will happen country by country and nation by nation. With that, my suggestion and what most probably people will do is will sell their Bitcoins if we are already seeing that it is starting to be banned in other countries.
sr. member
Activity: 644
Merit: 299
I have never really thought about that once. But apparently if mining stops, how will transactions be confirmed? Well, it is good the possibility of something like that happening is zero.
full member
Activity: 236
Merit: 100
Will that be an end of bitcoin? If all mining operations becomes illegal all over the world. Why authorities are against bitcoin mining?

Lets discuss
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