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Topic: Will the government ban bitcoin? - page 15. (Read 2143 times)

full member
Activity: 319
Merit: 100
April 25, 2018, 10:39:22 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?
Banning of bitcoin is depends on the government of the country, which if the government of one country feels that the bitcoin may become a treat to their government then probably they will ban it. Then if the government feel that it will helps the people a lot then they will legalized it and help it to improve.
full member
Activity: 420
Merit: 100
CAT.EX Exchange
April 25, 2018, 10:30:49 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?
I really hope it will never happen. Why the government should ban bitcoin. If indeed with bitcoin many people who can generate profits and their economy can be better with the presence of bitcoin. Hopefully the government sees the bitcoin from the positive side. So it makes no sense, if something of a positive value to the people and the government will ban it.
full member
Activity: 345
Merit: 100
April 25, 2018, 09:50:01 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?

Some of us are already aware how bitcoin tend to be part of the trend in this recent news. Throwing a lot of goods and bads about it awakens the public and private sectors to be check by the government. Now, some country's government did not allow bitcoin to expand more on their terittory. This may be because of the bitcoin itself that take hold of this stocks, not allowing tax to rule over it, which employs as a part of the government.
full member
Activity: 574
Merit: 100
Bitway.net - The Best Bitcoin Mining Network
April 25, 2018, 09:48:19 PM
Some country have worried about bitcoin will be use by the other to make investment for their people and scam of them by giving reward more than high. They have could not to take control of their person will loss their money and announced to their people keep and go away from bitcoin. government never try to banned bitcoin, but mistake by half person want to make scam many people by using bitcoin is why government want to banned bitcoin.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
April 25, 2018, 09:43:12 PM
well, they may banned bitcoin, but i think it doesnt make bitcoin death because bitcoin will exist even without country regulations.
bitcoin has been denied hundred times, but bitcoin and cryptocurrency still there for us now.
No one can stop Bitcoin because this is the future of the world industry. If they were completely banned, then maybe the market did not exist and we were all not here to talk about it. I personally hope that Bitcoin will be legalized globally because the future of this market is huge and governments are seeking to use the market for bad purposes, so surely this market will never be prohibit
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
April 25, 2018, 09:39:32 PM
No one can ban Bitcoin. They may use things that prevent you from Bitcoin though.
well, maybe nobody can banned bitcoin, but china has banned bitcoin from his country, and I think it would be very suits accessing bitcoin in china. well, bitcoin is banned or not in a country depending on how they see bitcoin.
hero member
Activity: 2520
Merit: 952
April 25, 2018, 09:35:44 PM
No one can ban Bitcoin. They may use things that prevent you from Bitcoin though.
member
Activity: 406
Merit: 10
April 25, 2018, 09:34:22 PM
well, they may banned bitcoin, but i think it doesnt make bitcoin death because bitcoin will exist even without country regulations.
bitcoin has been denied hundred times, but bitcoin and cryptocurrency still there for us now.
member
Activity: 193
Merit: 10
April 25, 2018, 04:25:07 PM
in every country have their own government regulations, some are prohibited and some do not prohibit. it all depends on the attitude and laws of each country, as in my country the government does not prohibit but also not recommend using bitcoin
newbie
Activity: 126
Merit: 0
April 25, 2018, 04:24:59 PM
i think it depends on how important it gets in the future.
Government can only advice citizens against it if they feel it threatens the banking system, but ban, i dot think so.
member
Activity: 221
Merit: 10
April 25, 2018, 04:17:49 PM
It would depend on some great cou try like America China or Japan 's view around cryptocurrency. If they accept it  other country would be standing in queue fir it. Also the reasong Governments does not want the crypto to be tradeable because they would be able to take Forex and normal tax
newbie
Activity: 84
Merit: 0
April 25, 2018, 04:12:40 PM
Only if they feel threatened that it will overthrow the country economy
member
Activity: 221
Merit: 10
April 25, 2018, 04:11:32 PM
It would depend on some great cou try like America China or Japan 's view around cryptocurrency. If they accept it  other country would be standing in queue fir it. Also the reasong Governments does not want the crypto to be tradeable because they would be able to take Forex and normal tax
member
Activity: 210
Merit: 10
April 25, 2018, 04:05:12 PM
Bitcoin is not beneficial for polity. If your earnings are related to the crypto currency, the state can not know your real income, secondly the state does not receive taxes from you. So it's not surprising that different states have declared war on bitcoin.
member
Activity: 476
Merit: 10
April 25, 2018, 03:59:25 PM

Depends with the government in question. Governments have different policies on how to handle their national affairs and therefore cannot make decisions based on other governments's policies, some governments might Ban BTC while others will let them freely transact, it all depends on how a particular government views BTC
member
Activity: 294
Merit: 10
April 25, 2018, 03:55:27 PM
in my humble opinion government are already missing an opportunity to ban, kill or stop bitcoin and other cryptocurrencies.
member
Activity: 154
Merit: 10
April 25, 2018, 03:47:04 PM
I think is hard for government to ban bitcoin. Although bitcoin has some rumor that is not good but due to the anonymous feature of bitcoin, mostly will be hard to trace, thus is hard to ban.
sr. member
Activity: 910
Merit: 257
April 25, 2018, 03:40:08 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?

I wouldn't say ban; I think many governments would try to control and regulate bitcoins, but even more so, I think many government would try to exploit and use bitcoins to their advantage knowing that it's a legit market that really can give a lot of big revenue. Right now, many governments are already trying their hand on it and are certainly harvesting the fruits of the risks they took. However, just like any other government it's part of their job to safeguard everyone; that's why every step they take in venturing in the market is well-planned.
member
Activity: 226
Merit: 10
April 25, 2018, 03:28:20 PM
The government can do anything. I wouldn't be surprised if they banned crapouillot. But I also understand that if they do, we will lag behind in development from other advanced countries, which understand that cryptocurrencies are the future.
member
Activity: 434
Merit: 10
April 25, 2018, 03:25:21 PM
I think that the government is now wary of bitcoin only because it is a new phenomenon, maybe for someone incomprehensible, and the rulers have not yet decided how to accept cryptocurrency on the territory of their country. And in the future, I hope cryptocurrency will be adopted at least in most countries of the world.
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