Topic: Will the government ban bitcoin? - page 11. (Read 2138 times)
Bitcoin has been announced since the day it was found, and it will be oppressed by the government in the future and declared as illegal currency. What is the basis, the further development of the currency will be of interest to the traditional monetary and ruling threat, not the right to cryptographic currency after the government announces that the currency is illegal. In the same sense it is almost impossible for the government to stop this bitcoin cycle. The personal use of bitcoin will increase the circulation illegally and as we all know that there is no way to track someone using a private key. Even any kind of tax revenue that can be collected by the previous government is now impossible to collect. Therefore, the government will not ban bitcoin.
In my opinion most countries ban it. It is tax free and anonymous operation is difficult to control. The government always wants to hold. And it affects the banks
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?
You have a very violent fantasy! Do you really want to, or do you think that this will happen? At the moment, there are countries that are negative about bitcoin, but there are also countries that recognize it as a means of payment! So do not dramatize the situation, please 
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 banning of bitcoin to a country will always depends on the government. If the government think that bitcoin will be a treat for their country then they wil ban it and if they feel that it will gives them an advantages then they will not ban it instead they will develop it.
Governments will definitely not ban cryptocurrencies.They all see the advantages of cryptocurrencies and they want to profit also.So they will have regulations in order to keep control and to tax the transactions.
Yes, the government forbids free circulation of bitcoin.
Bitcoin is not a currency, but an asset.
There are several reasons why bitcoin is prohibited to circulate freely. One of them is the government feels it can not add value from its circulation.
Bitcoin is not a currency, but an asset.
There are several reasons why bitcoin is prohibited to circulate freely. One of them is the government feels it can not add value from its circulation.
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?
If he government are corrupt maybe they will create another blockchain which they will get more fees whenever withdraws happens , why government should not ban bitcoin there are some reasons first bitcoin can be the reason to grow the economy it depends on how they use it. More people are satisfied to use bitcoin because they can get what they deserve for hard working. The development of coins are making more which it makes more faster than other. Also government here in my country are supported by senadors/government and its already legalize by the bank.
There are few countries that restricted Bitcoin trades and in addition different Cryptos. Banning bitcoin in other countries will be possible to be happen because there is no control over them. If the advantages brought by Bitcoin are sufficiently huge, the administration will definitely permit it. The greatest downside of Bitcoin is that it won't control any administration, and they won’t have the capacity to control Bitcoin, which will greatly affect the economies of different nations.
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?
Bitcoin only aims to help the people by providing more payment method and also a source of income for aspiring investors. If the government bans bitcoin, people will have hard time because they already invested on it. Bitcoin gives us hope and taught us how waiting patiently can take us to our dreams so I hope that the government will wait patiently too to see that.
I think that they will not do anything with bitcoin. If they wanted, long time ago they destroyed bitcoin. They understood that it is useless to struggle with it, it is easier to legitimize and impose taxes on trade in crypto-currencies
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?
Bitcoin is great because even though some government has limit its citizens from using cryptocurrency, bitcoin is still popular and on demand. I think the reason behind this is because the are freaking out or paranoid that bitcoin is decentralized and they will be powerless to use it for their own good. Bitcoin doesn't kill the economy, it encourages the people to be part of it.
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 decision of government's banning of bitcoin is subjective. They all have their own reasons why they bitcoin among their citizens. This is an unfortunate event because we all not see the same things. Some think it is bad for their economy. But fortunately, not every government is like this. My country is one of these countries that are open to innovations and new opportunities from cryptocurrency.
At my opinion would be very difficult for any government to ban bitcoin. Internet nowadays have many possiblilties and can't be controled that easily like newspapers for example
Government decision regarding Bitcoin is discretional. It all depends on the government's opinion regarding cryptocurrency. Switzerland, Japan are cryptocurrency friendly. Other countries like Australia, etc. are coming up with regulations on the use of Bitcoin. Certain hotels in Russia have plans to accept Bitcoin as method of payment for the upcoming World Cup. In my opinion, the future of Bitcoin bright despite certain stringent regulations.
Why government ban bitcoin if it is a big help for them especially the application where bitcoin used. We all know that government is about transparency and good governance so bitcoin is big help for them. For a cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.
I think not.is that even technically possible?I think that even if banned it's all for a while and everything will be as it was usually
Governments aren't going to ban Bitcoin now. It has become too big to fail now. Billions of dollars have been invested into Bitcoins. Government isn't going to straight out ban a thing with such a big market cap.
Unfortunately, government doesnt care about marketcap.
They have power to create regulations for their own country as they see fit.
So, yes it is possible and some countries will like we can see now.
But bitcoin, again, is to big to fail. They can ban it, but they surely cannot kill it
One of the possible reasons for a country to make a law in order to prohibit the use of Bitcoin and other cryptocurrency is that transactions made by the use of Bitcoin and other cryptocurrency can’t be traced by the government. Consequently this transactions can’t be taxed by the government, leaving a big impact unto the income of government.
Also, the government view Bitcoin and other cryptocurrency as threats to the their local currency, economy, and as a possible platform in committing of different types of crimes by anonymous law offenders taking advantage of the their identities being unknown by the public except the informations that they have chose to input into their profiles.
However, the possibility of banning the Bitcoin depends to the government of a particular country.
Also, the government view Bitcoin and other cryptocurrency as threats to the their local currency, economy, and as a possible platform in committing of different types of crimes by anonymous law offenders taking advantage of the their identities being unknown by the public except the informations that they have chose to input into their profiles.
However, the possibility of banning the Bitcoin depends to the government of a particular country.
In my country, bitcoin transactions are already in a banned state, but many people still invest in bitcoins because the state does not strongly prohibit it. I believe that the attitude of each country’s government is to wait and see, and then try to make relevant Solve the policy.
in my country too. Many players believe Bitcoin is a virtual currency. Thus, banning public transactions can be easy, but underground trading is difficult to control.
Most of the country are accept this. Bitcoin is a digital currency. Some county are ban bitcoin, because they think people use bitcoin for illgel activities.
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