Topic: What would happen if BTC was Banned? - page 5. (Read 65847 times)
Nothing would happen that doesn't now just a move from centralized to decentralized. Not sure what would happen especially the trading and exchange! Guess it would be closed.
Bitcoin banned the bitcoiners will be a criminal because they exchange bitcoin in real money without autority in goverment because bitcoin have no tax to pay.
I have some humor for people to relax. If Bitcoin is banned I think Bitcoin investors will become bandits. Because they invest a lot of money in Bitcoin, but if Bitcoin does not exist they will lose capital. They have no capital to do business, they will go to the dead end. They will come up with the idea of robbery. 
I think that bitcoin can not be blocked. In the development of the industry invested a lot of money. For crypto currencies the future, and a good future is decentralization.
I think people will keep using it anyways and new ways of using it will appear.
Bitcoin banned the bitcoiners will be a criminal because they exchange bitcoin in real money without autority in goverment because bitcoin have no tax to pay.
I think if the company of bitcoin has been banned all through out in the whole country. There will be no more electronic currency available and all people will stick to the traditional process of currency
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
How do you think the community would react? What could be the possible solutions?
Even though, i think this is impossible, let's be open for possibilities though. I think i would stop if all the governments from the whole world declares that bitcoin should be banned. After all, when that time comes i think i have earned enough money in bitcoin so i can now actually stop using it even though it became a everyday essential to me.
I can't do anything if the bitcoin on the banned but I will try to make it not in the bitcoin banned by way of collecting much people and do the action so as not banned because of the bitcoin bitcoin it value is very high and is not harm to anyone.
What happens to everything banned in the history of mankind.
People will still use it in secret. Smart goverments won't make that move, seeing all the reach Bitcoin is getting amongst people the smartest bet if they want to win again is to accept it too.
It is only the case for dictatorships/hidden dictatorships.
People will still use it in secret. Smart goverments won't make that move, seeing all the reach Bitcoin is getting amongst people the smartest bet if they want to win again is to accept it too.
It is only the case for dictatorships/hidden dictatorships.
Actually, we may not be interested in the legitimacy of the government for 10 years, I think it is too hard to stop the bitcoin in the near future. They can put pressure on big business sites and force commercial taxes. Blockchain has yet to reveal a flaw that can be traced to any transaction. We can expect and hope for that.
If that happens it is a scare for the community as well as the world's investors.
If that happens it is a scare for the community as well as the world's investors.
I am Not really sure, may be goverment will pay genious in computer to block bitcoin.
Well, I think people who used Bitcoin will lost everything. It's a big burden to Bitcoin users if BTC will be ban. The banned of Bitcoin greatly affect the economy of that country.
On the off chance that the btc was restricted, I can't quit utilizing it.
Likewise it's to hard to boycott bitcoin on the grounds that there is an a huge number of people groups bolster bitcoin.
There is a huge bitcoin group
Likewise it's to hard to boycott bitcoin on the grounds that there is an a huge number of people groups bolster bitcoin.
There is a huge bitcoin group
If the bitcoin was banned in the whole world, the economic rate was lost, because many people used bitcoin for their needs like students. Many students used bitcoin for their tuition and for their allowance..
I think if the bitcoin goes banned in more countries who are now have more users i think bitcoin value would be decreasing and soon it will be no value but i think this is not going to happen because only the government can ban the bitcoin but the government is not interested in digital money.
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
Make sure btc is not banned. Many countries have recognized btc as a convenient form of payment. And the benefits of btc are enormousHow do you think the community would react? What could be the possible solutions?
Bitcoin can't banned even the government its too hard to do it, the technology of internet will have to be shut down, which is practically impossible no one owned by any country so we are free to do anything and earn money through bitcoin. Even though the bitcoin is banned persons can continue consuming the bitcoin even the it bans there are a lot they can do just to have it.
if the government in the whole world will banned bitcoin, i think they will not control the anger of the users. also, they have no control over it means that even they banned it, people will still use i because they are not afraid because they can use bitcoin even without identification. they cannot stop us from using bitcoin
Yes, bitcoin banned by the government will not have much impact on the bitcoin trading, the market may fluctuate, but investors are aware of bitcoin-related knowledge regardless of national policy. Quote
What would happen if BTC was Banned?
Posible ban exchangers, but not Bitcoin.Exchangers not realy need:
http://syscoin.org/
https://localbitcoins.com/
Then no bitcoin anymore, we don't need to stay late and look at all the charts all night haha
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