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Topic: When the government forbids cryptocurrency - page 24. (Read 14615 times)

full member
Activity: 280
Merit: 105
They can ban cryptocurrencies involvement with the real world but they cannot stop your use of it. There is no way they can control your use of it for transactions etc. It sucks they're doing this but there's also a limitation on how much they can do.
sr. member
Activity: 700
Merit: 275
Hmm, may thats in the vein of every other government on the planet and only crypto people are in favour of it. So this is not new thing to anyone here, everyone has seen there government reaction in negative ways only. I think it will take lot of time for them to understand that they can also get benefited from it in terms of the heavy taxes that they will receive. But may be they know this already and have got some issues in placing the both type of currencies under one roof. More pros and cons are there for the crypto currencies so yeah thats how the government thinks and acts over it.
legendary
Activity: 3080
Merit: 1500
When the government forbids cryptocurrency

In my country, the government is gradually apply internet and cryptocurrency control decrees. Previously, they banned direct Bitcoin transactions. Currently, they are banning crypto-related bank transfers. And of course, ICOS is also gradually banned .
Initially, they said they would not ban crypto and bitcoin. But now their actions show that they do not want crypto to exist.
Is their purpose not to secure crypto investors? They are trying to make it their own
They see huge profits being lost for themselves
And when the internet management program took place in my country, maybe I could not come up here to share my views like this. So sad


May I know which country you are from? It seems like a violation of basic human rights! But yes, a lot of governments are well known for doing so. However, it is very very hard to completely ban crypto by any particular government by implementing network limitation infrastructure. There are ways to bypass those security measures and a tech-savy person will know how to do it.

In India, the government banned porn websites few years back. However, they lifted the ban after facing huge protest. But tech savy youth didn't say a word because they knew how to bypass that. It's not easy to ban crypto. Governments can try but eventually they will have to accept the fact that it is uncontrollable.  
full member
Activity: 1736
Merit: 121
You did not say what country you are talking about but such country is suppose to look at the positive side to cryptocurrency and the fact that so many countries have started being positive on it.
full member
Activity: 462
Merit: 102
If they will insist of banning cryptocurrency in that country then you as a bitcoin enthusiast must do something like opposing this action by means of social media with the groups of investors who also be affected by it.. Revolution is one way to push crypto to the world that’s the first option that this is build..

This oppression is also a human right violations or freedom to choose what is right for people been compromised.. But if this won’t change a thing then use Virtual Private Network(VPN) to hide from authority and the last option and must be think carefully is leaving that country behind..
jr. member
Activity: 100
Merit: 5
When the government forbids cryptocurrency

In my country, the government is gradually apply internet and cryptocurrency control decrees. Previously, they banned direct Bitcoin transactions. Currently, they are banning crypto-related bank transfers. And of course, ICOS is also gradually banned .
Initially, they said they would not ban crypto and bitcoin. But now their actions show that they do not want crypto to exist.
Is their purpose not to secure crypto investors? They are trying to make it their own
They see huge profits being lost for themselves
And when the internet management program took place in my country, maybe I could not come up here to share my views like this. So sad
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