WHEN ALL GOVERNMENT BAN BITCOIN USAGE AND BITCOIN TRADE

getzer

member

Activity: 66

Merit: 11

TokenLoyalty.io

Quote from: Mind Control on January 05, 2018, 12:46:38 PM

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

If ever Bitcoin and other cryptocurrency gets banned worldwide and is treated as illegal then that's it, Bitcoin is illegal. Bitcoin users could file petitions to their government if applicable. People can exercise their rights about this matter. However, Bitcoin will stay illegal unless revoked by the government. Bitcoin users could still use Bitcoin but illegally.

You have very good point that we as bitcoin users have a chance to send a petition to the government. we also can do conducive demonstration with some nice argumentations and huge mass.

xiaopang11

newbie

Activity: 70

Merit: 0

If all countries resist the ban on bitcoin, then bitcoin will go extinct, without development, and its influence will be lower and lower, which is not good news for it.

mybtcasset

newbie

Activity: 238

Merit: 0

If Bitcoin can be banned then by now all govt could have banned bitcoin no govt in this world can ban bitcoin so they are trying to regulate

getzer

member

Activity: 66

Merit: 11

TokenLoyalty.io

Quote from: Patatas on January 05, 2018, 12:14:42 PM

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

-> Bitcoin doesn't have any bad impacts on anything to start with.Secondly,government wants to ban bitcoin because it is proven it's worth by becoming the most expensive digital asset crossing value of fiats.
-> This is generally taken as threat by the corrupt governments who impose policies on citizens by looting our hard earned money.Bitcoin of course is majestic!

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

Simple,move to another coin and if government bans that coin as well,move to another one until government gives up and let's blockchain takes over the world.

Bitcoin can mess up the economical country, that is what people said on news. how can you say that it has no bad impacts. in other hand bitcoin will good solution for corruption but if it is used in right way, although i think it is hard to involve bitcoin into government systems.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: stompix on January 11, 2018, 05:34:19 AM

Quote from: QuestionAuthority on January 05, 2018, 11:29:52 PM

People in the USA are sent to prison for 7-10 years for armed robbery and life in prison for murder. The convicts spend their free time eating cum and getting fucked in the ass by big black std infected dicks but robbery and murders haven’t stopped (actually they are increasing in frequency). Governments only have limited control of their citizens. What control they do have is not forced its voluntary.

Really? You're comparing us prisons with communist labor camps?
You realized that in most of your prisons people are having a better half than 1 billion people in the world that are free?
Every time americans go nuts and cry how the "evil gubermint" is taking away their rights I feel like laughing my ass out.
Sometimes too much freedom is really making you unable to understand what freedom is.

Talk to me about how government is not able to control its citizens where you're going to be sent in a forced labor camp for a 10 lines poem against the leaders, and even after 30 years your family won't be able to find out where your body has been buried(if!!!!).

Maybe freedom means something different to me than it means to you. And maybe Americans are more willing to fight against the system than citizens of other countries.

Chairul Muttaqin

sr. member

Activity: 294

Merit: 250

Quote from: mOgliE on January 11, 2018, 08:57:31 AM

Hi,

How do you think government would ban bitcoin? They could only limit the transactions they can control... that is to say very few if you consider the bitcoin community.

You can limit transactions but unless you are ready to lose completely some technologies, you cannot "ban" bitcoin, as you cannot "ban" internet.

Truth is such decisions, talks, affect the value of bitcoin. More and more people join the community and the volatility is higher than ever before.

If the government ban bitcoin, it does not mean bitcoin can not be used anymore. everyone still be able to use bitcoin but they will do it by illegal. You can not catch my point correctly

We all know that bitcoin's community is growing now and still counting, but as a citizen, each of us must be obedient to the government.

mOgliE

legendary

Activity: 1344

Merit: 1251

Hi,

How do you think government would ban bitcoin? They could only limit the transactions they can control... that is to say very few if you consider the bitcoin community.

You can limit transactions but unless you are ready to lose completely some technologies, you cannot "ban" bitcoin, as you cannot "ban" internet.

Truth is such decisions, talks, affect the value of bitcoin. More and more people join the community and the volatility is higher than ever before.

Chairul Muttaqin

sr. member

Activity: 294

Merit: 250

Quote from: masphie on January 05, 2018, 09:28:37 AM

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

I think that is imposible...
But, if this happen... This is will be serious problem for bitcoin investor and or bounty participant.
In case, government and altcoin player must be discussion about the problem to make a deal for good solution.

Why do you think it is impossible. Majority of The governments are becoming aware with the bad affect of cryptocurrency. Cryptocurrency has been talked by international conversation of economical's ministry. they think that bitcoin will break the built economic.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: QuestionAuthority on January 05, 2018, 11:29:52 PM

People in the USA are sent to prison for 7-10 years for armed robbery and life in prison for murder. The convicts spend their free time eating cum and getting fucked in the ass by big black std infected dicks but robbery and murders haven’t stopped (actually they are increasing in frequency). Governments only have limited control of their citizens. What control they do have is not forced its voluntary.

Really? You're comparing us prisons with communist labor camps?
You realized that in most of your prisons people are having a better half than 1 billion people in the world that are free?
Every time americans go nuts and cry how the "evil gubermint" is taking away their rights I feel like laughing my ass out.
Sometimes too much freedom is really making you unable to understand what freedom is.

Talk to me about how government is not able to control its citizens where you're going to be sent in a forced labor camp for a 10 lines poem against the leaders, and even after 30 years your family won't be able to find out where your body has been buried(if!!!!).

Firefox07

full member

Activity: 532

Merit: 100

Many people here in our place. Is a fulltime bitcoiner. So if our government will ban bitcoin many of us will be affected. So as long as our government is not banning it at the present. I am saving all my earnings so that if they ban bitcoin i have money to spare.

yndye

sr. member

Activity: 616

Merit: 262

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

I am glad that our government did not ban bitcoin but instead advise the people to always be skeptic and do due diligence when investing. Our government is currently planning to regulate it but already granted some licenses to local platforms so we can freely spend our coins. I hope though that they will add other coins aside from bitcoin in cashing in and out because transaction fee is just too expensive and for those who are willing to try it but still doubtful just want to try a small amount but then they back out when they see the fee. If ever though that bitcoin will be ban in our country, I will just stop maybe using it because I don't want to violate the law.

yytcoin

member

Activity: 112

Merit: 21

At present, as far as I know, China prohibits bitcoin. Even the sensitive ICO can not talk about it. If all governments banned bitcoin, I would not be able to imagine how bad we should be.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: stompix on January 05, 2018, 09:54:12 PM

Quote from: AngelSky on January 05, 2018, 12:23:29 PM

They cannot do anything bro. None of the person or government cannot stop the bitcoin usage or ban it bro. You will find the bitcoin will be on moon. You will get the profit if you hold the bitcoin at anytime. You may see the many trollings about the bitcoin but it is still stands in the market like lion. None one will be able to control the bitcoin since it is decentralized currency.
Many times US and Chinese Government shows the interest and tried to get the patent and many works but no one achieved it.

Oh really?
They will shut down all exchanges.
They will shut down all websites that accept coins.
They will arrest every guy doing business on localbitcoin.
They will confiscate and shut down all mining farms.

What are you going to do?
Where are you going to sell your coins, what are you going to spend them?
SR v4.0.1? Then be ready for 70$ a coin.

Quote from: Haxor321 on January 05, 2018, 12:00:56 PM

I guess government cannot stop the people to buy bitcoin i guess they can banned the usage of bitcoin in their country but not totally banned the bitcoin ti self because it is decentralized and basically it is control by the community so i guess the government have no control to this and can only control a certain part in there country only bitcoin trade it is simply banning the change of their currency into bitcoin so basiccally i guess the people could make a way to buy bitcoin in another currency.

Oh really?
What if the chinese say owning bitcoin is a felony that can be punished with capital punishment ? (they still have the death sentence there).
After 100 bitcoin users executed live on tv on a stadium like they have the habit on doing, do you think somebody will touch bitcoin in China?

I've lived for long enough in a communist country during the age of the warsaw pact to understand that is a government is bent on enforcing something, they will!!!

People in the USA are sent to prison for 7-10 years for armed robbery and life in prison for murder. The convicts spend their free time eating cum and getting fucked in the ass by big black std infected dicks but robbery and murders haven’t stopped (actually they are increasing in frequency). Governments only have limited control of their citizens. What control they do have is not forced its voluntary.

Hopeful2017

member

Activity: 238

Merit: 10

Greentoken-invest in ecology

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

If you live in a country where leaders are closed minded on about the idea of Bitcoin, then all you have to do is to stop doing Bitcoin rather than be put to jail. If the world will ban Bitcoin, then we cannot do anything but to accept the fact and life must go on. Invest in other ways and make it profitable.

Nellayar

full member

Activity: 868

Merit: 185

Roobet supporter and player!

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

The government in my country said that bitcoin is a good source of income but they also said that bitcoin is a risky asset. They suggest that, we must be able to be a wise in order to gain and do not put the whole money in investing of bitcoin.
I think it is hard for the government to control bitcoin that's why they want to ban bitcoin. Unfortunately, this is a bad news if thr bitcoin will ban all around the world. Probably, cryptocurrency will crash also if bitcoin will decline. I hope that this will not be the end of bitcoin.

Brangos99

member

Activity: 186

Merit: 10

If all governments prohibit the use of bitcoin and bitcoin trade it is a bad thing for bitcoin users, and there are some countries that ban bitcoin because they think bitcoin has a negative impact on the economy of a country. And if bitcoin is prohibited by all governments in the world it may be the end of bitcoin.

Prem.Soorajpaul

full member

Activity: 199

Merit: 100

0xB911101025014BfCaA3B17BC7683C0817489bB28

Now a days, Bitcoin is a precious thing like a gold. If all the govt. banned it but still bitcoin lover would use it by bitcoin smuggling.But we all knows, it's not going to happen as lots of big investor working behind the door.

shezu007

full member

Activity: 336

Merit: 121

Quote from: jhongzjhong on January 05, 2018, 10:29:44 PM

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

Being of decentralized bitcoin even government they cannot be able to manipulate bitcoin, they don't have nothing to do if their citizen were using bitcoin besides bitcoin helps people to support their financial problem and also it can help the economic growth of the country.
Government also collect taxes by withdrawing bitcoin and convert to fiat i think that's the way of paying taxes in bitcoin.
But luckily here in our country bitcoin will recognized by our government and also our Central Bank they recognized bitcoin as a used of payments.
So don't you worry their's other country who did not banning bitcoin.

Well, Bitcoin is decentralized coin and that is the special quality of BTC and i think very few government can think about banning of BTC because BTC is providing finecial support to all kind of people due to which unemployment problem is decreasing and government is also becoming economically strong as their country people are getting money more and more.

jhongzjhong

full member

Activity: 798

Merit: 109

https://bmy.guide

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

Being of decentralized bitcoin even government they cannot be able to manipulate bitcoin, they don't have nothing to do if their citizen were using bitcoin besides bitcoin helps people to support their financial problem and also it can help the economic growth of the country.
Government also collect taxes by withdrawing bitcoin and convert to fiat i think that's the way of paying taxes in bitcoin.
But luckily here in our country bitcoin will recognized by our government and also our Central Bank they recognized bitcoin as a used of payments.
So don't you worry their's other country who did not banning bitcoin.

coinSpecter32

newbie

Activity: 72

Merit: 0

Then bitcoin will be considered as a black market thing. People cannot be stopped of doing what they like. Even if all of the government will ban bitcoin, exchanges will still be possible and can be done through black market.

Topic: WHEN ALL GOVERNMENT BAN BITCOIN USAGE AND BITCOIN TRADE (Read 441 times)