Pages:
Author

Topic: Why Bitcoin can't be banned - page 6. (Read 2277 times)

full member
Activity: 1708
Merit: 105
July 09, 2019, 05:04:57 PM
The fact here is that banning bitcoin use is possible but stopping the use is impossible. Sounds similarly but truly different as practically, the use can only be discouraged but can hardly be stopped
Strongly agree with what you say, that the use of bitcoin is difficult to emphasize, indeed because of developments in technology that have been unavoidable.
even though it is possible in some developing countries it is still considered illegal, but development will not be able to stop at a time.
copper member
Activity: 100
Merit: 0
July 09, 2019, 01:21:37 PM
I would like to take up the points of an article published on Bitcoinist. (Even if some will say that this media is Pro-Bitcoin the points are the most important.)

Quote
1. Laws Can’t Be Written Against Bits and Bites
2. You Can’t Ban Open-Source Distributed Software
3. Bitcoin Can Be Broadcasted via Satellite
4. You can Send Bitcoin Via SMS
5. You Can’t Shut Down the Power Grid

Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.
"In December last year, Blockstream launched its fifth satellite streaming the Bitcoin blockchain from space. This venture solves to make the Bitcoin network more robust and less dependent on the internet." Didn't know that. Shows how Bitcoin develops.

"Sorry folks, try as you may, Bitcoin is becoming increasingly unbannable." Ha ha, nice Grin Grin Grin

https://cdn.shortpixel.ai/client/q_glossy,ret_img,w_600,h_448/https://bitcoinist.com/wp-content/uploads/2019/04/xgsklg6a33qz.jpg
newbie
Activity: 27
Merit: 2
July 09, 2019, 08:55:43 AM
Countries that are banning Bitcoin, only do so as a means of buying time, by slowing down the economical impact that cryptocurrencies are having. This postpones the mass adoption of Bitcoin & gives the government time to react & decide what actions they can take, if any. But the technology of Bitcoin makes it almost impossible to enforce the ban, so eventually they will have to legalise it. In the end it is the people who make the laws, but not the government, the government tries to maintain stability & resist any sudden fluctuations in the way society functions.
full member
Activity: 952
Merit: 107
July 08, 2019, 04:19:47 PM
It is nice to know that one can use his Bitcoin with out hindrance. The Government of a country that is against Bitcoin can not stop its usage. Bitcoin will surely rule the world
It cannot be banned because the transaction is online and government do not know whether their people use it. It is not to be banned as long as it is not used any crimes that will hurt others. Bitcoin existence won't take over the world but just a currency that can be used with anonymity.
legendary
Activity: 2688
Merit: 1106
DGbet.fun - Crypto Sportsbook
July 08, 2019, 03:48:01 PM
It isn't a third party service render or a platform for all form of needs. Bitcoin is a decentralized platform that get used in multiple ways. This way it is completely an impossible task to ban bitcoin usage or restrict people from using it. Only the regulations could restrict the usage, but the network functions the same without any form of change all around.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
July 08, 2019, 03:12:06 PM
Bitcoin was illegal.

You're illegal
legendary
Activity: 2030
Merit: 1573
CLEAN non GPL infringing code made in Rust lang
July 08, 2019, 03:07:18 PM
Get Tails OS, boot it from usb/dvd whatever in random pc. Install Electrum, ensure its properly connected via TOR. Transact away, shutoff computer = all traces are gone.

Yes, seriously. All you need is some spv wallet that can use tor, and never reuse an address, and you are done.

You can do the same on android with android's tor, called orbot. Connect your Electrum wallet to orbot the same way you do in a pc.

Tor is freedom, thank the US Navy for wanting secure communications to their operatives behind enemy lines, and sharing it as free open source software.
hero member
Activity: 1666
Merit: 502
July 08, 2019, 11:59:00 AM
I would like to take up the points of an article published on Bitcoinist. (Even if some will say that this media is Pro-Bitcoin the points are the most important.)

Quote
1. Laws Can’t Be Written Against Bits and Bites
2. You Can’t Ban Open-Source Distributed Software
3. Bitcoin Can Be Broadcasted via Satellite
4. You can Send Bitcoin Via SMS
5. You Can’t Shut Down the Power Grid

Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.
Then if access in your country is limited to cryptocurrency sites such as exchanges and cryptonews? indeed it is true that bitcoin transactions and other cryptocurrency are difficult to stop. in my opinion the problem is that the regulations that are usually used by countries which ban bitcoin are only aimed at users, I mean those who obey conduct transactions in that country will be punished, according to regulations made.
full member
Activity: 368
Merit: 107
July 08, 2019, 11:47:19 AM
They can't even ban illegal drugs never mind anything else. People will use it no matter what law is made about it. So you may as well just allow it since it is impossible to fight.

https://bitcointalksearch.org/topic/3-arrested-in-bangladesh-for-merely-trading-bitcoin-5137062

There are many country's where Bitcoin is banned. Crime is there while talking about Bitcoin. Admit or not Bitcoin is the only medium of future transaction. No matter how much law the government uses. Any how people will using Bitcoin.

Did you even read the article you just quoted? That is a gang who stole crypto. Bitcoin is not banned anywhere.

Bangladesh is one of only 6 countries in the world that are considered “hostile” to bitcoin.
https://www.thedailystar.net/law-our-rights/law-analysis/bitcoin-legality-in-bangladesh-bank-1602583
Bangladesh Bank officials have again issued a warning pertaining to cryptocurrencies, this time seeking to deter the country’s banks from providing services to bitcoin users.
https://news.bitcoin.com/bangladesh-authorities-hunt-bitcoin-traders/
Clear, Cryptocurrency Use Prohibited in Bangladesh.
sr. member
Activity: 1988
Merit: 453
July 08, 2019, 06:23:49 AM
It may be impossible to physically ban Bitcoin. But at the same time, the government authorities are capable of preventing the usage of Bitcoins, by arresting its users. This tactic has been used by third world nations such as Bangladesh, to scare away people from transacting with BTC. And the Indian government, as per reliable reports is also moving towards that direction.
hero member
Activity: 2366
Merit: 594
July 08, 2019, 05:53:10 AM
Bitcoin is a global currency and it exists on the internet so government won't be able to control it. It can't be banned easily just because it can destroy banks, it's because it has a lot of potential to our future technology.
sr. member
Activity: 756
Merit: 251
July 08, 2019, 05:39:26 AM
Bitcoin was illegal. It stayed underground earlier. And yet it slowly surfaced because it was really attractive that people cannot help but join the advocacy. And what have they done? Restrictions, regulations, and so on. Have they stopped Bitcoin? Nope. The point should not be stopping it. The point should be learning from it and determining which features of it that they might adopt.
jr. member
Activity: 224
Merit: 1
July 08, 2019, 05:06:11 AM
The best reason is that if they forbid it, people will look for it more, so much that it will start to be a lot of persecution, because everything that is forbidden people seek what is prohibited by natural law will always be what they prefer.If we take into account all current events, there are many ways to evade the prohibitions, and to have up to VPNs to access it.


Agree on you. I like your logical perspective. Indeed the more forbidden the more popular it gets except for the fact that indigens of such regions will have to tread with caution because whoever is caught will face the wrath of the law. Meanwhile behind closed doors you can expect that the same law makers may be eating the same forbidden fruit
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
July 07, 2019, 11:55:21 PM
They can't even ban illegal drugs never mind anything else. People will use it no matter what law is made about it. So you may as well just allow it since it is impossible to fight.


That's a terrible argument: people will use it no matter what, it's impossible to fight so you may as well just allow it. Imagine if the whole world thought the same way about certain crimes like torture or rape or murder which is illegal everywhere.

I use Bitcoin, many people do, but many people also don't and Bitcoin may one day become not as useful as something else, some other tech more superior. Who knows. But let's not be take away every logic just because of Bitcoin!

full member
Activity: 2576
Merit: 205
July 07, 2019, 11:47:38 PM
I would like to take up the points of an article published on Bitcoinist. (Even if some will say that this media is Pro-Bitcoin the points are the most important.)

Quote
1. Laws Can’t Be Written Against Bits and Bites
2. You Can’t Ban Open-Source Distributed Software
3. Bitcoin Can Be Broadcasted via Satellite
4. You can Send Bitcoin Via SMS
5. You Can’t Shut Down the Power Grid

Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.

Yeah your right.even its banned in one country you can still use bitcoin without knowing by the government or by anyone.its up to you if you want to know of other people you use bitcoin.it is your privacy to hide  that you use bitcoin.also no body will know your bitcoin address unless you tell or broadcast it.it is really privately using bitcoin so yeah your right why afraid of banned bitcoin in your country.you can still use bitcoin if its you want anytime.I also think government who banned bitcoin is useless as lomg as someone wants to use bitcoin.just an idea of mine.
copper member
Activity: 164
Merit: 1
July 07, 2019, 11:04:21 PM
What this author is trying to say is that bitcoin cannot be banned globally and i completely agree with the author, yes local laws can put embaggle on the activities of bitcoin but for bitcoin to be completely eradicated is a complete myth.,
newbie
Activity: 39
Merit: 0
July 07, 2019, 10:51:38 PM
Countries can take action against Bitcoin using the law, however, the key factor is the increase in demand and the pressure exerted by people and the ecosystem itself, the large companies at the beginning flatly rejected the cryptocurrencies, now they are joining, because they can not stop this avalanche and they know that cryptocurrencies are the money of the future.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
July 07, 2019, 08:57:00 PM
I would like to take up the points of an article published on Bitcoinist. (Even if some will say that this media is Pro-Bitcoin the points are the most important.)

Quote
1. Laws Can’t Be Written Against Bits and Bites
2. You Can’t Ban Open-Source Distributed Software
3. Bitcoin Can Be Broadcasted via Satellite
4. You can Send Bitcoin Via SMS
5. You Can’t Shut Down the Power Grid

Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.
I agree on that even if your country ban access to some exchange you can always find someone to do peer to peer transactions or if you have a huge amount you can just travel and find a place where it is open to trade, no government can bring down Bitcoin and cryptocurrency it's just impossible to do.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
July 07, 2019, 07:37:43 PM
The best reason is that if they forbid it, people will look for it more, so much that it will start to be a lot of persecution, because everything that is forbidden people seek what is prohibited by natural law will always be what they prefer.If we take into account all current events, there are many ways to evade the prohibitions, and to have up to VPNs to access it.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
July 07, 2019, 06:21:12 PM
You are basically asking why Bitcoin can't be centralized...

That's the first reason why it can't be banned, also due to being on a world wide network where everyone configures / changes it as they wish.

Such examples on why isn't bannable is because it's open source and you can still make derivates from it.


Bitcoin is using open source system through internet connection so nobody can stop using biycoin bitcoin as long as bitcoin can exist in many country's. Using of bitcoin is anonymity, in my own opinion they can use bitcoin even the location where people resides but they want to continue use bitcoin h/she can do this because internet and the new technology can't stop to progress use by worlwide and bitcoin is include the new system using internet connection. Holder of bitcoin can use it to goods in other countries through online shopping.
As long as there is internet connection,bitcoin will still be here. Even if one country decided to banned bitcoin, it does not affect other's transactions because we can directly transact bitcoin transactions to buy online goods regardless of your location as long as there is internet connection there.
Pages:
Jump to: