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Topic: Will BTC survive if encryption/cryptography becomes illegal? (Read 518 times)

legendary
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Cryptography can’t get illegal. Wtf are you talking about? The whole world uses these technologies. Banks, businesses, police, cc companies, i mean pretty much everyone.

They may try to outlaw bitcoin but cryptography/encryption will never be banned. Banning these is like banning math. It is the same level of absurdity.

Of course. But you'll never know what governments will come up with in order to try to destroy Bitcoin and other cryptocurrencies for good. They might still use encryption/cryptography, but it will be illegal for public/private use. Such a ban will work in non-democratic countries like Russia and China, simply because their governments often cripple the opposition. We can't say that about democratic countries, though. Nothing is guaranteed to last forever, so we should be prepared for the worst. Just my thoughts Grin
hero member
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Think of it purely from a practical perspective.  Banning technology has a distinct tendency to force the usage of that technology underground.  And if any technology is going to thrive when its usage is driven underground, it's encryption.  I can't think of anything more perfectly suited for hostile environments.  The whole idea is that it makes your opponent's job more difficult.  Attempting to make encryption illegal would likely backfire spectacularly in my view, as it might encourage more people to start using it. 

Not only is it impractical to ban numbers, it's also an incredibly foolish endeavour.  Not least because of the consequences it would have to our everyday security, but also the conflict it potentially creates when the authorities effectively prompt the public into weaponising this tool in order to evade them.

I really think that is precisely why we have not really seen a ban of encryption yet, not only that if at some point governments were able to introduce backdoors to cryptographic algorithms and those algorithms were not able anymore to protect your information as they should, then the algorithms that have not been tampered with will have a competitive advantage, which means that people will use them instead of those that have been modified to benefit the government.

In a way this is similar to what is happening with bitcoin, in which many governments will like bitcoin to be banned but they know that if they do so and then people keep using it regardless of the ban then they will lose credibility among the rest of the population and this could incite more people to adopt it.
legendary
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This is not realistic at all. The problem is not with Bitcoin alone. There are hundreds of other things that will be disrupted if encryption/decryption is prohibited, data and phone services, as well as social media, banking and banking services and many others, there is sensitive data that cannot be transferred over the Internet without encryption otherwise All data and all websites will be at risk of attack.
 This is in theory, but in practice, the US government does not have control over the entire Internet, and even if it was, people always find ways to escape from this control and maintain their privacy, as they do now to hide using Tor and other programs.
legendary
Activity: 3276
Merit: 2442
Cryptography can’t get illegal. Wtf are you talking about? The whole world uses these technologies. Banks, businesses, police, cc companies, i mean pretty much everyone.

They may try to outlaw bitcoin but cryptography/encryption will never be banned. Banning these is like banning math. It is the same level of absurdity.
legendary
Activity: 3948
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Leave no FUD unchallenged
Think of it purely from a practical perspective.  Banning technology has a distinct tendency to force the usage of that technology underground.  And if any technology is going to thrive when its usage is driven underground, it's encryption.  I can't think of anything more perfectly suited for hostile environments.  The whole idea is that it makes your opponent's job more difficult.  Attempting to make encryption illegal would likely backfire spectacularly in my view, as it might encourage more people to start using it. 

Not only is it impractical to ban numbers, it's also an incredibly foolish endeavour.  Not least because of the consequences it would have to our everyday security, but also the conflict it potentially creates when the authorities effectively prompt the public into weaponising this tool in order to evade them.
legendary
Activity: 3220
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www.Crypto.Games: Multiple coins, multiple games
I don't just understand where OP got this news and idea. It is very scary to reason let alone for it to happen.
But since there is a question, let me drop my opinion.
Encryption cannot be illegal. If Encryption becomes illegal the world's privacy system will collapse. The social media chats will be public, banks cannot secure their funds and many websites will cease to exist.

Talking about cryptography. It may also not be illegal and even the government it's is into the blockchain now promoting their CBDCs. Any country who bans cryptography is risking being relegated in technology.

It's very unlikely encryption/cryptography will be banned, since they're the basis of our online security. Without these, cyberspace will become extremely vulnerable against external attacks, and manipulation by malicious actors. I think the US government was just speculating to see how the public will react towards a full encryption ban. The proposed bill in 2020 will never be approved by both chambers of Congress simply because many people oppose it. Such a ban might come into fruition in non-democratic countries (eg: China, Venezuela, Russia, North Korea) but they won't destroy the space in its entirety.

As long as there's one country supporting cryptography/encryption techniques, there's still hope to preserve the very foundations of cyberspace. Cryptocurrencies have gotten this far, so I doubt they'll disappear anytime soon. Just my thoughts Grin
sr. member
Activity: 1064
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Yea, there's no specific law that prohibits the US government from banning cryptography or encryption algorithms.
However, any such attempt would likely be met with significant resistance from the technology community and would likely be unconstitutional ( Huh ).

Cryptography is a fundamental part of the architecture of the internet(https), maybe they can ban certain algorithms? But I don't see it happening.

They can definitely make it harder to implement algorithms that can't be backdoored by the NSA(by pushing weak encryption which they can exploit) . Maybe it's already happening.
sr. member
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The framework of illegality is only imposed by governments to not allow people's freedoms, for them the best thing is what they impose and they do not think about what it can bring as a benefit to people, it is known that when there is a type of freedom economic through which it is not what they say, it is not legal, for this reason I think that bitcoin exists, but they cannot prohibit people from having money, if they mess with it they will not be able to do anything, because always There will be civil disobedience and if it is against governments for acquiring bitcoin they will do it.
legendary
Activity: 3248
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I can't see sources on this particular ban, but overall I hope it's not anything discussed seriously. Encryption is everywhere, banning it would outlaw tons of things on the Internet, including messenger apps, online banking security and probably even https. So I think it's highly unlikely that will ever happen because of how much damage it can do to various areas, even if we ignore the cryptocurrency question. As for cryptos, it would make them illegal, but it doesn't mean they'd stop existing. Some would probably still use them, but the capitalization can experience a huge drop of, like, 99%. At the same time, it won't be topic #1 because outlawing encryption would cause a lot of problems which concern more people that crypto market does.
hero member
Activity: 1134
Merit: 643
BTC, a coin of today and tomorrow.
I don't just understand where OP got this news and idea. It is very scary to reason let alone for it to happen.
But since there is a question, let me drop my opinion.
Encryption cannot be illegal. If Encryption becomes illegal the world's privacy system will collapse. The social media chats will be public, banks cannot secure their funds and many websites will cease to exist.

Talking about cryptography. It may also not be illegal and even the government it's is into the blockchain now promoting their CBDCs. Any country who bans cryptography is risking being relegated in technology.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
Well on my own that is impossible to happen as long as we have internet we are free any of what we want, banning bitcoin means vanishing the internet too and if you ask that is legal, this answer depends now on which country you are, some are illegalized and some are forbidden using bitcoin. That is why bitcoin was designed in a decentralized way of encryption to the internet so that you can protect your privacy against other people that you have to own a huge fund that could be a threat to your health and your family.
legendary
Activity: 2632
Merit: 1239
It's hard to imagine. But until now there is no world regulation that agrees with it. It's just that each country has the right to apply its own rules. What I see is China, until now I haven't heard from cryto from there. They managed to shut down crypto it seems. So far I've actually observed that crypto is actually very beneficial, although there are downsides. I think the new crypto technologies of the early generations, they will continue to evolve. Because we know that the world's needs will increasingly change to the digital era.

I don't think that you understood me right. I'm not saying that no one will ever ban cryptocurrency. It might happen, but I don't think that it will. I was saying that no one will ever ban cryptographic algorithms because crypto is just a small part of what cryptographic algorithms are used for. Like someone mentioned it before they are used in network communications, digital signatures... The whole world would have much bigger problems than cryptocurrencies being banned if someone would ban cryptographic algorithms. That's why I think it will never happen.
legendary
Activity: 2338
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zknodes.org
I don't think that anyone will ever ban cryptographic algorithms because they are not used only in cryptocurrencies. The only thing that could be a threat to cryptographic algorithms and to cryptocurrencies are quantum computers. I didn't do any research about it and I don't know how developed is that technology, but I think that is the only threat for now.
It's hard to imagine. But until now there is no world regulation that agrees with it. It's just that each country has the right to apply its own rules. What I see is China, until now I haven't heard from cryto from there. They managed to shut down crypto it seems. So far I've actually observed that crypto is actually very beneficial, although there are downsides. I think the new crypto technologies of the early generations, they will continue to evolve. Because we know that the world's needs will increasingly change to the digital era.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
I don't actually know how they got things to news articles without a technology journalist telling them the gaps in their plan.

I usually chalk it up to creeping authoritarianism.  When your elected representatives care more about controlling people than they do about helping them, take it as a warning sign they have a propensity towards fascism.  "Protecting" people shouldn't mean stripping them of their freedoms, but that's all these idiots care about.
hero member
Activity: 1274
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I rather die on my feet than to live on my knees
FBI, CIA, NSA, MI6, FSB and all others alike would collapse.
All military system would be reduced to sticks, screams, rocks, etc. No communications, etc.

The reports about Russian generals apparently came out because they were using unencrypted systems for communication (it's something I could partially believe - ie someone somewhere close by would be needed to collect the signal and would have to be "listening" to a lot of frequencies at once).
And most encryption algorithms are (potentially considered to be) devised by the West.

In a lot of cases, banning things for civilians and using them for military aspects is done a lot of the time but it normally makes their own systems worse.

I have a suspicion that 5G is being rolled out so there's less noise on the current technologies used for communication (the government allows people to broadcast over ~600-800MHz frequencies and ~2.45-2.5GHz - if 3 billion people are communicating over those channels you get a lot of noise but you also get a lot of advancements and efficiency increases. These two standard frequencies are also known to have a very high range (while 2.5ghz used to be bounded by a 10m range, a good receiver can pick it up 20 miles away).

I mean, I can't see this even a possibililty. Nowadays, information, data and privacy means much more than what we think. I know that common and mortal people are already being harassed with privacy violations and etc, but imagine governments, states, counties, military, agencies, etc, without any kind of privacy...Huh I can't picture that!

I could imagine it being an opt-in procedure (and then Google and Microsoft being paid to ask users - while companies like Mozilla would probably just auto opt out) - for https for example.

Yep, this is very much a "your government has too many old fossils who don't understand technology in it" problem.  The same conversation came up in the UK parliament years ago.  David Cameron outlined his government's plans to ban encryption in 2015.  I laughed at their collective stupidity and naturally nothing ever came of it.  Encryption is just math.  You can't ban numbers, even if your government are cretins and believe they can.  Reality will give them a good hard slap across the face in due time.

I don't actually know how they got things to news articles without a technology journalist telling them the gaps in their plan.

About the Russian general reports, what I've heard/watch (in Telegram channels) was that Russians were using buggy chinese communication devices and it was easy for the Ukrainian services to sneak in and listen communications. But as we well know, the first victims of war is always the truth!
I also saw quite some pictures of aftermath remains collected by Ukrainians showing Russia was using quite old equipments and all sorts of low tech techniques among them! If it was true, it's sad to see how bad can a, so called, 2nd world military power equipping their troops so poorly.

Anyway, off the offtopic :p, you may be making a good point about 5G, however, 5G seems to have lower reach, so despite the fact that you can operate in different ranges of frequencies and avoid interference such as crosstalk and other phenomena, you may also lose some reach.

About the opt in and opt out companies, I didn't understand. You mean companies like Google opt in like in dropping encryption for regular people but keep it for government/military/economic purposes?? And I didn't understand the part "being paid to ask users". Ask users what?


Heavens forbid you post a few links to what 'you read somewhere'.....
Without examples you are just posting worthless trash and personal speculation.

I just want to ask sir, do you have a source link or article on this thing you say the U.S. did about Cryptocurrency? Because, it seems that this is just a story from your own point of view Sir. It would have been a better discussion if you had references to hold. You know the other community here on this forum will inevitably criticize you for losing any source.

Moreover, Bitcoin has been surviving in the industry for almost ten years and is still being enjoyed
by Bitcoin Enthusiasts in this world we live in today.

Guys if you really want to know where I've read that, check out the following link:

https://www.eff.org/deeplinks/2020/06/senates-new-anti-encryption-bill-even-worse-earn-it-and-thats-saying-something

Apparently, the US senate proposed an anti-encryption bill. It doesn't explicitly say anything about cryptocurrencies, but we all know crypto is deeply related to encryption. That was proposed in 2020, but it was left in "limbo". Still, this tells us the intention of governments to take any measures necessary to prevent people from gaining privacy/freedom. Who knows what other measures mainstream governments will come up with to stifle or minimize crypto's growth?


Apart from cryptocurrency, 36% of the companies were using the encryption procedure to secure data. It includes government systems too. With such an increased usage, ban over encryption algorithms will lead to collapse of the internet. The much used industries were the finance, medical, bio technology and media. So, such a law isn't gonna pass.

Earlier when internet usage started to increase, there were rumours that it is going to be banned. Same as that now it is over the encryption algorithm as governments were tired of stating we'll ban bitcoin.

Yeah. Banning encryption for good doesn't make sense when that's what keeps the Internet safe. Maybe it'll only apply to citizens, while the government will continue to use encryption techniques for security? It's something that will really harm cyberspace if it comes into fruition. The US senate bill was never approved (as far as I'm aware) so there should be nothing to worry about. Smiley

That link is back from 2020. How is that? Like, how did it turn out?
I found a similar act from 2022 here, but from the .gov site, and the summary masks this thing behind child abuse, child porn etc. Ok, this would be good if it was possible to filter out only these targets, but I guess that is not possible and many other things would be affected.

EARN IT act 2022

Is this act/bill the same as your link suggests in 2020?
legendary
Activity: 3472
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It doesn't explicitly say anything about cryptocurrencies, but we all know crypto is deeply related to encryption.
It is worth knowing that there is absolutely no "encryption" used anywhere in Bitcoin protocol.

Quote
Who knows what other measures mainstream governments will come up with to stifle or minimize crypto's growth?
They don't need to ban cryptography to prevent "crypto's growth". There are much easier ways like banning exchanges, making usage of cryptocurrencies illegal, etc. Like what Bangladesh did!
hero member
Activity: 2548
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Who knows maybe this was meant for encryption for iphones and devices as such but we all know this wouldn't be the only target.  I'm sure it would be written in a way to target crypto in which encryption play a vital role.  But it seems this may too broad and overreaching for which there would be severe unintended consequences.  I think this won't see the light of day but it is rather an eye opener that this apparently has been given some serious thought in the form of a draft bill.
legendary
Activity: 3220
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Heavens forbid you post a few links to what 'you read somewhere'.....
Without examples you are just posting worthless trash and personal speculation.

I just want to ask sir, do you have a source link or article on this thing you say the U.S. did about Cryptocurrency? Because, it seems that this is just a story from your own point of view Sir. It would have been a better discussion if you had references to hold. You know the other community here on this forum will inevitably criticize you for losing any source.

Moreover, Bitcoin has been surviving in the industry for almost ten years and is still being enjoyed
by Bitcoin Enthusiasts in this world we live in today.

Guys if you really want to know where I've read that, check out the following link:

https://www.eff.org/deeplinks/2020/06/senates-new-anti-encryption-bill-even-worse-earn-it-and-thats-saying-something

Apparently, the US senate proposed an anti-encryption bill. It doesn't explicitly say anything about cryptocurrencies, but we all know crypto is deeply related to encryption. That was proposed in 2020, but it was left in "limbo". Still, this tells us the intention of governments to take any measures necessary to prevent people from gaining privacy/freedom. Who knows what other measures mainstream governments will come up with to stifle or minimize crypto's growth?


Apart from cryptocurrency, 36% of the companies were using the encryption procedure to secure data. It includes government systems too. With such an increased usage, ban over encryption algorithms will lead to collapse of the internet. The much used industries were the finance, medical, bio technology and media. So, such a law isn't gonna pass.

Earlier when internet usage started to increase, there were rumours that it is going to be banned. Same as that now it is over the encryption algorithm as governments were tired of stating we'll ban bitcoin.

Yeah. Banning encryption for good doesn't make sense when that's what keeps the Internet safe. Maybe it'll only apply to citizens, while the government will continue to use encryption techniques for security? It's something that will really harm cyberspace if it comes into fruition. The US senate bill was never approved (as far as I'm aware) so there should be nothing to worry about. Smiley
hero member
Activity: 1554
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pxzone.online
Asking rhetorical questions things like this will makes you looks like stupid. CRYPTOgraphy is the foundation of CRYPTOcurrency.

Gerontocracy problems ~ such proposals in any the government branch makes them look stupid. This why we need young ones in the government.

Encryption and cryptography is global, banning this will only result to chaos. If its done. Banks and internet will fall before they can solve their problems about cryptocurrencies.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
FBI, CIA, NSA, MI6, FSB and all others alike would collapse.
All military system would be reduced to sticks, screams, rocks, etc. No communications, etc.

The reports about Russian generals apparently came out because they were using unencrypted systems for communication (it's something I could partially believe - ie someone somewhere close by would be needed to collect the signal and would have to be "listening" to a lot of frequencies at once).
And most encryption algorithms are (potentially considered to be) devised by the West.

In a lot of cases, banning things for civilians and using them for military aspects is done a lot of the time but it normally makes their own systems worse.

I have a suspicion that 5G is being rolled out so there's less noise on the current technologies used for communication (the government allows people to broadcast over ~600-800MHz frequencies and ~2.45-2.5GHz - if 3 billion people are communicating over those channels you get a lot of noise but you also get a lot of advancements and efficiency increases. These two standard frequencies are also known to have a very high range (while 2.5ghz used to be bounded by a 10m range, a good receiver can pick it up 20 miles away).

I mean, I can't see this even a possibililty. Nowadays, information, data and privacy means much more than what we think. I know that common and mortal people are already being harassed with privacy violations and etc, but imagine governments, states, counties, military, agencies, etc, without any kind of privacy...Huh I can't picture that!

I could imagine it being an opt-in procedure (and then Google and Microsoft being paid to ask users - while companies like Mozilla would probably just auto opt out) - for https for example.

Yep, this is very much a "your government has too many old fossils who don't understand technology in it" problem.  The same conversation came up in the UK parliament years ago.  David Cameron outlined his government's plans to ban encryption in 2015.  I laughed at their collective stupidity and naturally nothing ever came of it.  Encryption is just math.  You can't ban numbers, even if your government are cretins and believe they can.  Reality will give them a good hard slap across the face in due time.

I don't actually know how they got things to news articles without a technology journalist telling them the gaps in their plan.
hero member
Activity: 1274
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I rather die on my feet than to live on my knees
I think there were reports that some people who are yet to discover fire that have been voted into the governments (the US have the most, other countries have a few though).

If encryption is banned, the Internet collapses. You're not accessing Facebook because Facebook can't fund itself anymore (the companies who used to pay to get Facebook to target their ads towards them are no longer doing it because they can just wiretap all the information they want from users and place their own targeted ads).

Every time you access the Internet now, you're given the site you want after 20 refreshes (sometimes), before then you're either getting a time out error (likely due to ddos and bad packet management because servers can't use keys to regulate that/verify users a real) or you're getting an ad to somewhere else or just a blank page because someone somewhere wants to see if they can do it (anyone can pretend to be a dns server if they want and point you wherever they like now SSL is no longer a thing).

FBI, CIA, NSA, MI6, FSB and all others alike would collapse.
All military system would be reduced to sticks, screams, rocks, etc. No communications, etc.
I mean, I can't see this even a possibililty. Nowadays, information, data and privacy means much more than what we think. I know that common and mortal people are already being harassed with privacy violations and etc, but imagine governments, states, counties, military, agencies, etc, without any kind of privacy...Huh I can't picture that!
legendary
Activity: 2478
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Yea, sure they'll ban encryption... haven't heard a dumber thing in a while.

All battlefield communication between soldiers is encrypted. Orders issued to submarines and nuclear silos are encrypted. Your emails on some secure hosting platforms are encrypted. Phone calls via some communicators like telegram and many more.

Are they going to ban the CIA now? Are they going to communicate with spy satellites on open radio frequencies? Please!
hero member
Activity: 2814
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I've read somewhere about the US proposing a ban on cryptography/encryption algorithms for good. Doing such a thing will not only mark the end of privacy, but also traditional cryptocurrencies we know and love today. Bitcoin will be the one cryptocurrency mostly affected by the government's measures. Imagine if other countries do the same as the US to try to prevent people from obfuscating their utmost sensitive data. How will developers carry on with crypto projects if the whole space will be deemed illegal? Their only option would be to continue developing "under the radar", but we all know this won't work especially when most crypto projects have their team members' identities publicly viewable across the web.

That said, do you think BTC will still survive after an encryption/cryptography ban comes into effect? Will such a law be approved by the US and other countries? What will be the implications for the development of the crypto/Blockchain industry? Your input will be greatly appreciated. Thanks. Smiley
This is not possible, in fact there were some attempts in the past to try to penalize some developers of encryption tools, this was the case of PGP in which the author was accused of exporting weapons without a license but eventually the case was dismissed and the laws were relaxed.

However banning cryptography is not the real risk, the real risk is that governments want for those cryptographic algorithms to have some backdoors for them to exploit, which runs contrary to the goals of the people using those tools.
legendary
Activity: 1596
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Encryption covers much more areas than digital currencies and without it, the privacy issues would be much greater than the current situation where anyone can spy on your calls, your WhatsApp chats and much much more. Therefore, such a law will not be passed
legendary
Activity: 3948
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Leave no FUD unchallenged
I think there were reports that some people who are yet to discover fire that have been voted into the governments (the US have the most, other countries have a few though).

Yep, this is very much a "your government has too many old fossils who don't understand technology in it" problem.  The same conversation came up in the UK parliament years ago.  David Cameron outlined his government's plans to ban encryption in 2015.  I laughed at their collective stupidity and naturally nothing ever came of it.  Encryption is just math.  You can't ban numbers, even if your government are cretins and believe they can.  Reality will give them a good hard slap across the face in due time.
hero member
Activity: 1022
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Magic
I think you kind of misunderstood what they want to ban, since they can not just ban everything that is encrypted, because then every website server or whatever would be completely open to be hacked from everyone. So for this to also affect bitcoin they must specifically ban bitcoin which I don't think will happen.
legendary
Activity: 2632
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I don't think that anyone will ever ban cryptographic algorithms because they are not used only in cryptocurrencies. The only thing that could be a threat to cryptographic algorithms and to cryptocurrencies are quantum computers. I didn't do any research about it and I don't know how developed is that technology, but I think that is the only threat for now.
sr. member
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as strong as the US is in government , in my mind they can't baned cryptographic algorithms because the more banned the more people are looking for it like before some say cocaine is illegal but in many countries.  I think cocaine and btc are the same the more banned the more people want to have it . maybe they want to buy btc at the lowest price for this year (just my thoughts sorry)
hero member
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We have been experiencing these bans and proclaiming that bitcoin is illegal in some countries. Did that able to stop the entire bitcoin network and as well as the other projects network? No.
That means, whether it will be from the US or any other country. The impact will be there as shock for the first time but that won't mean in the long term because if it's about the market and usability, it will recover and will remain.
legendary
Activity: 4424
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I've read somewhere about the US proposing a ban on cryptography/encryption algorithms for good.

dont fear the lies


websites with HTTPS use encryption
your phones antenna sending your texts and voice calls use encryption to send the data to the 4/5g(LTE) phone masts
your debit card data uses encryption at the merchant tap&pay terminal to the bank

if encryption was banned. you got bigger problems where many many many many things in the world would get banned

so dont be fooled into silly stories that encryption will be banned
its these days, like saying "proposal to ban english"
legendary
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I've read somewhere about the US proposing a ban on cryptography/encryption algorithms for good.

This is utterly dumb. I don't know where you've heard that, but I'm 99.999999% sure you've misunderstood something. The world of computers relies on encryption, else the hackers would steal everything, from your police record to your bank and credit card information, from impersonating the president to stealing/using the nuke codes.
It's like banning all the fences and locks. You've misunderstood something. Badly.
hero member
Activity: 3164
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Banning encryption/cryptography sounds like the dumbest idea ever.
Do you think that the idiots, who are proposing such ban know that encryption/cryptography is the foundation of online security?
How is everyone going to shop online, if the connection isn't encrypted? Do you want your CC info to be leaked and become publicly available on the web. I'm not an expert in online security, but I think that online crimes such as carding would become way easier to conduct, if online encryption gets banned.
And no, such ban won't destroy Bitcoin completely. The fact that something is banned doesn't mean that the people won't stop using it.
legendary
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That said, do you think BTC will still survive after an encryption/cryptography ban comes into effect? Will such a law be approved by the US and other countries? What will be the implications for the development of the crypto/Blockchain industry? Your input will be greatly appreciated. Thanks. Smiley
I believe bitcoin will still survive with or without a ban. we have already a long time here, so we don't need surprise about any kind of ban, what else if only 1 country, and sometimes even if it's a superpower country, infrequent other countries follow them because has other basic rules for each them which is different culture and tradition. And sometimes if a country wants to implement that rules, will be detained in the people's council.
legendary
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Apart from cryptocurrency, 36% of the companies were using the encryption procedure to secure data. It includes government systems too. With such an increased usage, ban over encryption algorithms will lead to collapse of the internet. The much used industries were the finance, medical, bio technology and media. So, such a law isn't gonna pass.

Earlier when internet usage started to increase, there were rumours that it is going to be banned. Same as that now it is over the encryption algorithm as governments were tired of stating we'll ban bitcoin.
legendary
Activity: 3472
Merit: 10611
I've read somewhere about the US proposing a ban on cryptography/encryption algorithms for good.
Why are you even worried about bitcoin when everything else would die?
Besides bitcoin is global so it won't even matter what US did. On the other hand a lot of companies are located in US like Google, Facebook, Amazon,... these are trillion dollar companies that would die right away if cryptography were banned in United States. Your banking system would fall apart too so digital fiat would cease to exist also. MITM attacks would steal all your information that you communicate over the internet. and a lot more ...

Quote
Bitcoin will be the one cryptocurrency mostly affected by the government's measures.
I think you are confusing bitcoin with some centralized shitcoin.

Quote
Their only option would be to continue developing "under the radar"
Or the development would continue somewhere else that doesn't have an anti-privacy dictatorship. Tongue
full member
Activity: 1092
Merit: 227
They surely can’t ban the privacy. The encryption algorithm will always be used industry wide to personal level. Its our right to encrypt the data and have data integrity for smooth running of particular process.

If Government band such encryption algorithm then lets get ready, we can have our hands on Nuclear launch codes, because you know its not allowed to encrypt since its one form of data.

Nah, this will never work.
hero member
Activity: 1666
Merit: 453
I've read somewhere about the US proposing a ban on cryptography/encryption algorithms for good. Doing such a thing will not only mark the end of privacy, but also traditional cryptocurrencies we know and love today. Bitcoin will be the one cryptocurrency mostly affected by the government's measures. Imagine if other countries do the same as the US to try to prevent people from obfuscating their utmost sensitive data. How will developers carry on with crypto projects if the whole space will be deemed illegal? Their only option would be to continue developing "under the radar", but we all know this won't work especially when most crypto projects have their team members' identities publicly viewable across the web.

That said, do you think BTC will still survive after an encryption/cryptography ban comes into effect? Will such a law be approved by the US and other countries? What will be the implications for the development of the crypto/Blockchain industry? Your input will be greatly appreciated. Thanks. Smiley

I just want to ask sir, do you have a source link or article on this thing you say the U.S. did about Cryptocurrency? Because, it seems that this is just a story from your own point of view Sir. It would have been a better discussion if you had references to hold. You know the other community here on this forum will inevitably criticize you for losing any source.

Moreover, Bitcoin has been surviving in the industry for almost ten years and is still being enjoyed
by Bitcoin Enthusiasts in this world we live in today.
sr. member
Activity: 2380
Merit: 366
Yes of course. Becoming illegal doesn't mean that it's going away.

Cocaine was also declared illegal in the US in the early 1900s and it's still abundant there until today. So was meth and other illegal drugs. So were other crimes.

So is there any reason why encryption or cryptography's declaration as illegal would make Bitcoin cease to exist? Can't think of any.

And for heaven's sake, a law such as this would only backfire.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
It's unlikely to happen, perhaps they will issue regulations governing bitcoin and crypto trading rather than banning them. When Russia accepted bitcoin and cryptocurrencies partly to evade sanctions and the US did not take any action at that time so there's no reason they should ban it from now on. The world is no longer just America's, the axis of world power is shifting, the US banning something deemed harmful to them is no guarantee that other countries will follow.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
I've read somewhere about the US proposing a ban on cryptography/encryption algorithms for good.
For good? What for?

They try to hide facts as much as possible from the public. Now they are proposing to ban on cryptography/ encryption for good, really? Or it is just for their own good for centralized power?

Quote
Doing such a thing will not only mark the end of privacy, but also traditional cryptocurrencies we know and love today. Bitcoin will be the one cryptocurrency mostly affected by the government's measures.
No matter what is solution or tool used by governments, Bitcoin will be their first target if they are aiming at cryptocurrencies. They and we know that Bitcoin is a biggest cryptocurrency, a first successful one in this industry. So if you want to kill an industry, let's start killing its leader first.


Quote
That said, do you think BTC will still survive after an encryption/cryptography ban comes into effect? Will such a law be approved by the US and other countries? What will be the implications for the development of the crypto/Blockchain industry? Your input will be greatly appreciated. Thanks. Smiley
I could be wrong but in my opinion, they can not.

They can not ban the Internet, can not ban Tor connection. So will they successfully restrict how people use electricty?

Some countries can do it but having it at global scale is impossible. Fortunately, Bitcoin network is decentralized, globally and it will survive.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
I think there were reports that some people who are yet to discover fire that have been voted into the governments (the US have the most, other countries have a few though).

If encryption is banned, the Internet collapses. You're not accessing Facebook because Facebook can't fund itself anymore (the companies who used to pay to get Facebook to target their ads towards them are no longer doing it because they can just wiretap all the information they want from users and place their own targeted ads).

Every time you access the Internet now, you're given the site you want after 20 refreshes (sometimes), before then you're either getting a time out error (likely due to ddos and bad packet management because servers can't use keys to regulate that/verify users a real) or you're getting an ad to somewhere else or just a blank page because someone somewhere wants to see if they can do it (anyone can pretend to be a dns server if they want and point you wherever they like now SSL is no longer a thing).
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
Probably because people wish the government to regulate cryptocurrencies would have been the reason there are rumours that the US government want to ban cryptography/encryption but that is not going to happen. If it is banned, it means no cryptocurrencies  that would be created in US again, which is not possible. Regulating altcoins is different from banning encryption.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
Heavens forbid you post a few links to what 'you read somewhere'.....
Without examples you are just posting worthless trash and personal speculation.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
I've read somewhere about the US proposing a ban on cryptography/encryption algorithms for good. Doing such a thing will not only mark the end of privacy, but also traditional cryptocurrencies we know and love today. Bitcoin will be the one cryptocurrency mostly affected by the government's measures. Imagine if other countries do the same as the US to try to prevent people from obfuscating their utmost sensitive data. How will developers carry on with crypto projects if the whole space will be deemed illegal? Their only option would be to continue developing "under the radar", but we all know this won't work especially when most crypto projects have their team members' identities publicly viewable across the web.

That said, do you think BTC will still survive after an encryption/cryptography ban comes into effect? Will such a law be approved by the US and other countries? What will be the implications for the development of the crypto/Blockchain industry? Your input will be greatly appreciated. Thanks. Smiley
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