Government control will not affect Bitcoins outright because of its decentralized nature. I don't think it can be ban,however there might restrictions.
Exactly. I don't think it can be banned, only restrictions.
Topic: Will Bitcoin get banned ?? Will it happen. - page 3. (Read 1106 times)
Exactly. I don't think it can be banned, only restrictions.
Many might already have read about this in the past one week.
One of my friend who works at one of the bitcoin BTC company in india has confirmed to me that he has indeed heard his exec manager talking about an official notice which government has sent out to them to submit the details of business after which there is tensed atmosphere in office.
I however have not been able to confirm if this was a full ban notice or an audit notice from government.
What do you think about it. ??
https://inc42.com/buzz/cryptocurrency-bitcoin-india-cme-group/
One of my friend who works at one of the bitcoin BTC company in india has confirmed to me that he has indeed heard his exec manager talking about an official notice which government has sent out to them to submit the details of business after which there is tensed atmosphere in office.
I however have not been able to confirm if this was a full ban notice or an audit notice from government.
What do you think about it. ??
https://inc42.com/buzz/cryptocurrency-bitcoin-india-cme-group/
Maybe, in some other countries as far as I know bitcoin is already banned. In other countries as what I heard bitcoin is illlegal. There is a possibility that it will be banned because government is not earning taxes or cannot get tax in bitcoin.
Surely, governements will try to stop somehow; but due to the very nature of bitcoin, it will be pretty impossible.
They can only stop bitcoin use in usual economy, not in deep web
They can only stop bitcoin use in usual economy, not in deep web
The more they stop is when the more expensive it becomes. History is the answer, whatever has been banned and legal in some places is really expensive to get hands on.
The main problem or cause I can see if it's anonymity; governments can't track down Its users and thus even criminals can evade detection. That's why, I believe, Russia is planning to create Its own cryptocurrency known as the Rubblecoin to deal with this threat. Even China is very critical on Bitcoin, with strict laws on it. But Bitcoin will continue going strong.
More than anonymity, i believe governments are more afraid due to the transparency in this transactional technology which will not allow various governments to get away with the scams.
Surely, governements will try to stop somehow; but due to the very nature of bitcoin, it will be pretty impossible.
They can only stop bitcoin use in usual economy, not in deep web
They can only stop bitcoin use in usual economy, not in deep web
The main problem or cause I can see if it's anonymity; governments can't track down Its users and thus even criminals can evade detection. That's why, I believe, Russia is planning to create Its own cryptocurrency known as the Rubblecoin to deal with this threat. Even China is very critical on Bitcoin, with strict laws on it. But Bitcoin will continue going strong.
One good thing is India follows USA a lot no matter what it be about. 
So i just hope it doesn't get banned. If it does, we have localbitcoins for buying and selling all the time. And VPN's to use it.
So i just hope it doesn't get banned. If it does, we have localbitcoins for buying and selling all the time. And VPN's to use it.
i think there are many countries have already banned bitcoin, we those countries still not have good regulations to control bitcoin, so they ban bitcoin temporary.
It has been already banned in several countries. If it is banned in my country, I'll find the ways to deal with it.
Thete is a possibility that bitcoin can be banned.There are some countries that is banning bitcoin from their country.Sad but true.
Many countries have already banned Bitcoin. Hope it will not happen in Europe and in the USA.
Its only the major countries like the USA, China and most of the EU that when they do indeed ban bitcoin will be very bad for the bitcoin economy because it is going to drive the value down and as far as i am concern, OP is just creating FUD and their is nothing to show that bitcoin is going to get banned in India. 
Think bit. How this can be possible. Government can ban that company by puting regulations. How they ban bitcoin. For example, I have botcoing an i need to sent it to u. I get ur address and send it to u directly (p2p). How government ban that. If they ban exchangers we can store bitcoin in hardware wallets. So i think its proberbly a audit for introduce new tax 😆😆😆😆
It's hard to say!!! Because many big investors are into it and its a very popular financial tool.
Yes, but it´s a game changer. The game of the establishment. They want loose their power. They will fight against it.
But I think they will loose this fight.
It is already banned.
In many part of world.
Including my part of world.
Yet, I'm using it.
It's the beauty of cryptocurrency.
In many part of world.
Including my part of world.
Yet, I'm using it.
It's the beauty of cryptocurrency.
It all depends on the government's decision. It remains only to wait and hope for good.
Government control will not affect Bitcoins outright because of its decentralized nature. I don't think it can be ban,however there might restrictions.
I doubt that the US will ever ban Bitcoin or ever be able to pass the legislation to do so if they (US govt) ever attempts to. It's literally an intangible, digital thing that really could never be fully stopped or shut down. I think it would actually be entirely unconstitutional, because who is anybody to say that people are not allowed to trade an intangible digital item that technically has no real value?
Many might already have read about this in the past one week.
One of my friend who works at one of the bitcoin BTC company in india has confirmed to me that he has indeed heard his exec manager talking about an official notice which government has sent out to them to submit the details of business after which there is tensed atmosphere in office.
I however have not been able to confirm if this was a full ban notice or an audit notice from government.
What do you think about it. ??
https://inc42.com/buzz/cryptocurrency-bitcoin-india-cme-group/
I think you should move this article to another topic that will fit better.One of my friend who works at one of the bitcoin BTC company in india has confirmed to me that he has indeed heard his exec manager talking about an official notice which government has sent out to them to submit the details of business after which there is tensed atmosphere in office.
I however have not been able to confirm if this was a full ban notice or an audit notice from government.
What do you think about it. ??
https://inc42.com/buzz/cryptocurrency-bitcoin-india-cme-group/
You can move to bitcoin disscuss, I think there will be more people interested
It's hard to say!!! Because many big investors are into it and its a very popular financial tool.
Many might already have read about this in the past one week.
One of my friend who works at one of the bitcoin BTC company in india has confirmed to me that he has indeed heard his exec manager talking about an official notice which government has sent out to them to submit the details of business after which there is tensed atmosphere in office.
I however have not been able to confirm if this was a full ban notice or an audit notice from government.
What do you think about it. ??
https://inc42.com/buzz/cryptocurrency-bitcoin-india-cme-group/
Every day I am very interested in the bitcoin information: price, transaction, market, users ... There are also some information that bitcoin will be banned. But not sure, without legal intervention. Previously because of the ban Chinese BTC discount quickly then the rise too high. One of my friend who works at one of the bitcoin BTC company in india has confirmed to me that he has indeed heard his exec manager talking about an official notice which government has sent out to them to submit the details of business after which there is tensed atmosphere in office.
I however have not been able to confirm if this was a full ban notice or an audit notice from government.
What do you think about it. ??
https://inc42.com/buzz/cryptocurrency-bitcoin-india-cme-group/
There was a an initial ban on some of the exchanges like btcxindia which got official notice to stop serving bitcoin business and that is where they only deal with ripple and ethereum now.
Jump to: