Topic: Will the government ban bitcoin? - page 10. (Read 2139 times)
Yeah Goverments can easily ban Bitcoin because they are not earning with it and Bitcoin is still anonymous and Goverments can do anything on your place but I think many people will be angry and cry for banning it
Bitcoin is very popular around the world but if the government will notice that the bitcoin is using by the criminals or even syndicate to their illegal works i think the government will get ban the bitcoin in his country for the sake of his countrymen.
If it posses too much fraudulent activity, government might be forced into banning
Yes I agree, Bitcoin could only ban bitcoin if it will be the cause of many illegal activities. There can be no other reason to ban bitcoin if it is not it.
In the past my answer would be different but recently i think that many governments started to understand what bitcoin really is and what it’s based on. I don’t think they’ll try to ban in from now on. We’re living in a wide world, to ban btc or other crypto would be one of the most stupid decisions.
I agree with you, right now the goverment is accepting bitcoin and other cryptocurrency little by little, and i know that on the right time, all goverment will accept bitcoin and i am also sure that the goverment will know the worth of bitcoin on the right time.
Most governments are already investing in bitcoin because their belief that crytocurrency is the currency of future investments.
If it posses too much fraudulent activity, government might be forced into banning
I believe the government can ban Bitcoin, but it can't stop Bitcoin.Bitcoin will exist prior to the Internet available here, Bitcoin is Autonomous and does not need a third party to run it.
if any government think that this type of currency threatened their economical activity and can used for crime then they can ban bitcoin for exchange officially not any government can ban bitcoin for privately used banning bitcoin will be possible to be happen because government always think that this transaction is a scam and can make chaos to everyone. It will be ban by the government if ever they dont know what really bitcoin is and how it really helps many people for their living government will ban bitcoin because they always think negative about bitcoin and that was makes them wrong...
In the past my answer would be different but recently i think that many governments started to understand what bitcoin really is and what it’s based on. I don’t think they’ll try to ban in from now on. We’re living in a wide world, to ban btc or other crypto would be one of the most stupid decisions.
Government can try as much as they want but will not able to ban bitcoin, if they could, then they would have banned bitcoin long ago. So I don't think it is possible as long as internet works bitcoin will work too.
Our government already banned Bitcoin and other cryptocurrencies. Our government thinks that Bitcoin can be used for crime and terrorist activities. And also money laundering can be rising so high. That why our government banned Bitcoin and all kind of cryptocurrency. But most recently our government think to legalize it. And we hope one-day government will do this.
Government can Ban the Bitcoin but cant stop the Bitcoin because bitcoin no need third party to make transactions.
A big yes, Government has the power to ban the Bitcoin. If hey found Bitcoin not in the good interest of country.
Government does not ban Bitcoin because Bitcoin is too popular.But if government ban Bitcoin i will protest !!!
I think the Government does not have enough and valid reason to ban bitcoin. Considering the fact that bitcoin change many lives of people and help to reduce poverty through providing an avenue to reduce unemployment and give chance to earn beyond minimum wage. The government also do not have the power to control the advancement of technology that might ease the living of their state and nation. Maybe some government will just implement some law to regulate bitcoin to impose taxes from the earnings investors get from engaging in cryptos. Logically, if the government really concern and protect their state, they will never ban bitcoin.
In additional,There must be enough legal grounds to ban or even restrict something,especially bitcoin,They must take into account everything related to the risks and they must make actions by considering balance between people's interest and public safety,In another situation their actions will be illegal,therefore in this situation everyone can apply to the Constitutional Court to protect their bounded property right.So this is the main reason,why developed countries are trying to regulate it more liberally,therefore we all know countries with non friendly approaches.
I don't think that the governments will ban Bitcoin. In fact, some countries will not make people pay taxes for Bitcoin transfers etc. . So, it does not make sense that the governments will ban Bitcoin.
Most like government might someday ban it if the criminal rate of transaction with bitcoin is getting on the high side.
Government cannot control the movement of digital currencies across borders and that's why these currencies already pose a threat. Bitcoin success would also be its downfall.
It is possible government can ban the Bitcoin but cant stop the Bitcoin.Bitcoin will survive till internet available here,Bitcoin is autonomous and no need of third party to operate it.Bitcoin is peer to peer technology based on blockchain which make it unique and independent.
I think the government will force the bitcoin exchange to close, so bitcoin can only be sold privately, and its exchange capacity will be devastated. Will the government prohibit bitcoin?
Bitcoin has been announced since the day it was found, and it will be oppressed by the government in the future and declared as an illegal currency. Is the basis, the further development of the currency will be a threat to the traditional monetary and rulers, not the right to cryptography currency after the government announces that the currency is illegal, the price will produce volatile in the short term, and may even crash.
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?
In my country bitcoin is not legal but no banning happen.
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