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Topic: Will the government ban bitcoin? (Read 2138 times)

full member
Activity: 426
Merit: 100
April 30, 2018, 02:56:43 PM
is that technically possible?I think not.and if this happens, many people in many countries just get impoverished and it will be difficult to find another income
full member
Activity: 294
Merit: 100
April 30, 2018, 02:52:20 PM
in which country?I think that in many countries at the moment the majority of residents,and especially the government, do not know what cryptocurrencies are
full member
Activity: 378
Merit: 102
April 30, 2018, 02:42:07 PM
Do not ban ever. And it's not in the ports. You just can not close already open knowledge. If it was opened, then it is someone you need. While it is needed, it will be used regardless of the will of the state.
newbie
Activity: 114
Merit: 0
April 30, 2018, 02:28:11 PM
Now the bitcoin industry is already an industry with high recognition, and many people are aware of the benefits that the block chain can bring to the society. I believe that more governments will be open to the special currency with the development of the community.
sr. member
Activity: 756
Merit: 268
April 30, 2018, 02:23:40 PM
Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?
The government has really the power to banned bitcoin because there are already a lot of countries who already banned bitcoin. I think the reason why the government banned bitcoin because there are some people who used bitcoin for there illegal activities that is why the government sees bitcoin as a illegal currency.
newbie
Activity: 98
Merit: 0
April 30, 2018, 02:17:39 PM
It is possible that the government ban bitcoin if they will not have enough control what people invest.
sr. member
Activity: 685
Merit: 250
April 30, 2018, 02:06:49 PM
In my opinion, possible will the government ban bitcoin. Some country not accepts the bitcoin, they think that It is scams or people was used in illegal purposes or work. They not understand the advantages of bitcoin especially to payment transactions.
jr. member
Activity: 76
Merit: 3
April 30, 2018, 10:31:31 AM
As far as I know, it's kind of like in some countries it is already banned. although it may be confusing. But even in those countries where there is no ban in no hurry to legalize it.
in my country bitcoin still not legal but still accessible, because that is prohibited only transact using bitcoin, in my country only use country currency as a legitimate transaction.

in my country its not legal nor illegal. but the government is making a study about cryptocurrency..
like i said if they till have benefit on it why ban it Cheesy
full member
Activity: 462
Merit: 102
April 30, 2018, 10:20:02 AM
It really depends on the government of the country. Some governments acrually welcome bitcoins like what Japan did last year. China on the otger hand is banning bitcoins for life. But for me, no government should ever prevent its people to have bitcoins in their possession.
member
Activity: 357
Merit: 12
April 30, 2018, 10:02:10 AM
most likely yes, but it will happen if criminals are already using Bitcoin as their crime

It's possible to be happen to use bitcoin in their crime,  I heard there some people use bitcoin to their bad doing. And there's possibility to government will ban bitcoin.

I think people are starting to use bitcoin for illegal use. If this will continue in the future, there is a huge possibility that governments will ban it. Since bitcoin's transaction can be made easily it could be a source for that. Being in bitcoin can also be an anonymous. Governments fear the possible outcome of bitcoin in wrong doings.
full member
Activity: 1064
Merit: 100
Combo Network
April 30, 2018, 10:00:31 AM
As far as I know, it's kind of like in some countries it is already banned. although it may be confusing. But even in those countries where there is no ban in no hurry to legalize it.
in my country bitcoin still not legal but still accessible, because that is prohibited only transact using bitcoin, in my country only use country currency as a legitimate transaction.
member
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
April 30, 2018, 09:57:18 AM
there are some countries that prohibit bitcoin and the government are worried about the use of bitcoin that can be used for crime so the government will not let that happen and they decide to ban bitcoin
jr. member
Activity: 76
Merit: 3
April 30, 2018, 09:50:22 AM
if the government will have benefits on it then NO they will not ban it.
thats how politics works... Shocked Shocked Shocked
member
Activity: 168
Merit: 16
“Revolutionizing Brokerage of Personal Data”
April 30, 2018, 09:47:19 AM
Yes, they can. And there are a lot of reasons why they are doing it. Reasons like they can’t get something from the world of crypto. Banks will start to decrease due to none use of physical money. And of course, they can’t see the world improving when governments are not earning.
full member
Activity: 336
Merit: 100
April 30, 2018, 09:30:35 AM
Do not panic about the prohibit bitcoin decision in some countries. Because there are still some big countries investing and developing bitcoin. I find that some countries have decided to ban bitcoin but I see the bitcoin trading floor is still active and even the big bosses in that country are building factories with a bunch of computers to exploit bitcoin. So, I think bitcoin will not be banned in all countries
full member
Activity: 700
Merit: 100
April 30, 2018, 09:27:39 AM
Hopefully no. Bitcoin helps people today. I just hope that it will not be used to scam people. I think as long as it cause no harm, it will not be banned. Hopefully it will be legalized.
member
Activity: 252
Merit: 10
April 30, 2018, 09:23:27 AM
As far as I know the vaccinations do not want to ban bitcoin, on the contrary they want to legalize it as an e-currency
newbie
Activity: 46
Merit: 0
April 30, 2018, 09:22:16 AM
I think the government can ban Bitcoin, but it can't stop Bitcoin.Bitcoin will exist prior to the Internet available here and most governments are already investing in bitcoin because their belief that crytocurrency is the currency of future investments.
member
Activity: 294
Merit: 11
April 30, 2018, 09:06:08 AM
there are some countries that prohibit bitcoin and do not accept bitcoin in the country but bitcoin users can still use its bitcoin and the government can not know it, the government should be able to accept and support bitcoin because bitcoin has changed a lot of people life for better and have better finance

Some of the countries already banned bitcoin,  all of the currency that we have in this world are being use in different things including criminality, buying illegal drugs, illegal firearms and so on but why they are not banning our real currency to stop those kind of illegal activities?  that is only my opinion about it.
newbie
Activity: 100
Merit: 0
April 30, 2018, 08:58:06 AM
 Not anytime soon, or less the criminals out their will use bitcoin to increase the act of robbing.   
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