Topic: Will the government ban bitcoin? - page 16. (Read 2143 times)
Well there is a posibility that our government will ban bitcoin. Because the government thinks bitcoin could have disrupted the country's economy. And the government did not want to take that risk, it's the main factor why the government ban bitcoin. Because bitcoin has been proven to help people's economy. So the government will not be able to beat people who have used bitcoin. Because already many people are using bitcoin. Bitcoin has moved passed the level of being just a collection of algorithms to becoming a crusade or believe that many loyalists will stop at nothing to see it survive.
currently not many countries that prohibit bitcoin only the government is not ready to accept it and has not regulated the rules many things in the fear by the government such as abuse of bitcoin or drug transactions and such.
Unfortunately, governments are really able to ban bitcoin, and this will significantly slow its development. I hope that the government will be reasonable.
Whether the government will ban bitcoin? bitcoin which until now much to the conversation of people even the government has been aggressively forbid the existence of bitcoin, there is still agree that bitcoin is not banned there are also disagreeing bitcoin in banned, the point is best for bitcoin in the future.
Bitcoin may well be banned by the government, but not because of problems with the technology itself, but because of political inconsistencies. Everyone wants to control bitcoin, but not everyone understands that it is impossible.
It is actually a lot of government banned bitcoin because one factor that can not be controlled by anyone and it will affect the country's economy. Such is the government's mindset that bitcoin banned.
It is interesting how governments of countries werent interested in bitcoin till the time it became to be very significant and popular. Why not to regulate it earlier? huh
It could be because it depends on the government will banned bitcoin or not. Because the government thinks bitcoin could have disrupted the country's economy. And the government did not want to take that risk, it's the main factor why the government ban bitcoin.
I think it will not be, because bitcoin is popular in some countries even have many who use it. Because bitcoin has been proven to help people's economy. So the government will not be able to beat people who have used bitcoin. Because already many people are using bitcoin.
yes of course it depends on the government in some countries, there is a ban on bitcoin there is also a permit bitcoin exist in his country or world. If my government allows bitcoin because bitcoin can change the human economy in the country.
Lol, that's a strange reason for the government to allow the use of bitcoin simply because it can change the economic level of the people. There must be another reason behind it. It's not that simple.
yes of course it depends on the government in some countries, there is a ban on bitcoin there is also a permit bitcoin exist in his country or world. If my government allows bitcoin because bitcoin can change the human economy in the country.
I know what a legal tender means,and I have read several articles on this issue.They have hired a team of experts for suggestions on this matter.If that team suggests to ban Crypto than they will surely ban it.I mean they can ban Indian exchanges.And who the said you that I hate my country? I freakin love my country to death.But those people like Arun Jaitley,I surely hate them.Those old a-holes can't understand the teck behind crypto.
They can not ban bitcoin itself but it is possible to ban all exchange trading on bitcoin in a particular country such as india that have ban all exchange trading on bitcoin
This question gets asked almost daily like clockwork. No, governments aren't going to ban Bitcoin now. It has become too big to fail now, just like banks. Billions of dollars have been invested into Bitcoins. Government isn't going to straight out ban a thing with such a big market cap.
no government can ever ban bitcoin as long as the internet is available in this world it is peer to peer through decentralised networks
I can not speak about Bitcoin itself, but blockchain wont be banned for sure. I am not aware of a single technology that got banned successfully. There might be temporary hurdles but tech is always here to stay. Its the use cases that get banned or supported 
Governments can only ban fiat to crypto and vice versa transactions but it is extremely difficult for the government to ban the individual transactions even on the baking system and I am ignoring the huge cash transaction industry here. It would make a huge trouble for the governments if they are planning to ban the legal exchanges because that is the single way for the governments to pull the data and monitor the funds' flow. On the other hand. any wrong decision could boost black market in my opinion.
That is not for sure that every government will ban bitcoin, in fact most of the governments still thinking about bitcoin to continue and even thinking about to make it regular, because i do not think that bitcoin can effect the economy status of that country, because some countries have already make bitcoin regular while some still have not taken any decision about it.
Governments can only ban fiat to crypto and vice versa transactions but it is extremely difficult for the government to ban the individual transactions even on the baking system and I am ignoring the huge cash transaction industry here. It would make a huge trouble for the governments if they are planning to ban the legal exchanges because that is the single way for the governments to pull the data and monitor the funds' flow. On the other hand. any wrong decision could boost black market in my opinion.
That is not for sure that every government will ban bitcoin, in fact most of the governments still thinking about bitcoin to continue and even thinking about to make it regular, because i do not think that bitcoin can effect the economy status of that country, because some countries have already make bitcoin regular while some still have not taken any decision about it.
Any government that does 'ban' bitcoin should also ban internet along with it and ban freedom of movement and association and even ban fundamental human rights of the people. Bitcoin has moved passed the level of being just a collection of algorithms to becoming a crusade or believe that many loyalists will stop at nothing to see it survive. More importantly, it carries a message of economic freedom from enslavement of man by his fellow man. Bitcoin id freedom.
It’s far too late for governments to ban a global phenomenon.
Bitcoin itself isn’t doing anything illegal, it’s just a number on a computer, it’s like saying the government are going to ban the internet. Governments are funded partly by banks, the banks don’t like bitcoin for obvious reasons. That’s why we see negative or no media press at all in the mainstream channels.
Bitcoin itself isn’t doing anything illegal, it’s just a number on a computer, it’s like saying the government are going to ban the internet. Governments are funded partly by banks, the banks don’t like bitcoin for obvious reasons. That’s why we see negative or no media press at all in the mainstream channels.
Jump to: