Topic: Will the government ban bitcoin? - page 17. (Read 2143 times)
I think banning Bitcoin might happen because the government always thinks that Bitcoin transactions are fraudulent and can create chaos for everyone. And it will also be banned by the government if they do not know what it is. Bitcoin and Bitcoin really help a lot of people for its twinkle. The government forbids Bitcoin to think negatively about Bitcoin and that's wrong.
it looks like the government is trying and trying very hard to ban bitcoin because some people are frightened by the existence of digital currencies such as bitcoin, thus pressuring the government to try to ban the circulation of bitcoin.
Does the government banned bitcoin? This depends on the countries of the world. In Russia they are not forbidden to bitcoin and the bank accepts bitcoin payments. China has banned the bitcoin, causing bitcoin traders to rush to Japan to invest. The government will decide.
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?
There are governments who are banning bitcoins because their knowledge is not enough about bitcoins. The cashless society will not happen if the governments all over the world will ban bitcoins or the whole virtual cryptocurrency. Government should not ban bitcoin because bitcoin price increase day by bay.Its helps the government grow quickly.Bitcoin is one of the best coin ever but some country ban bitcoin recent year for its price ups and down 
I do not think that Government of any developing country would ever ban BITCOIN because directly or indirectly it is helping the individuals as well the government to develop.
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?
We all know how anonymous bitcoin and it give criminals a chance to make transactions which can't be tracked by the government. Some country also see bitcoin as a threat to their economy due to the fact that transaction fees does not cover the government's benefit. We should keep on supporting bitcoin and show to everyone that it does not bring bad things only but also good things for the citizen of a country. 
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 think it depends on the situation. Bitcoin can be used in many things, good or bad, wrong or right. If bitcoin is being used mostly on bad things within a country, the possibility that bitcoin will get banned on a certain nation will increase. If we don't want bitcoin to get banned, we should use it in a right way where everyone will benefit and will bring good things on a certain country.
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.
the government actually has the authority to ban bitcoin, but now the government should be more serious to review the ban bitcoin because now bitcoin does not always bring bad effects and but always have a positive impact for the users. so the government should assess if it wants to ban bitcoin.
It depends on a goverment. If it can affect the economy of a country or if its threathen the banking system, the goverment have the authority to ban the bitcoin transactions but they cannot stop the users as long as the internet still exist. The majority of citizens and institutions may stay on the right side of the law and that would even give a risk to use bitcoin in a country.
Of course this is a sad fact and thing, the government seems to be afraid of bitcoin because they always think the bitcoins are anonymous and can not be controlled thus making the presence of bitcoin only for illegal transactions.
Of course they can ban bitcoin, it can be amended by the law of a country to what they think it can help their government. Many countries already banned bitcoin and some embraced this new technology. Innovation can be difficult specially if its uncontrollable that why many governments wants to control over bitcoin specially the once that profited fro it a lot.
in my country, the government has banned the use of bitcoin because bitcoin could affect the economy for countries that approve it by government.bitcoin will survive till internet available here and it can't stop.i hope it wouldn't happen because if its happen we don't have any chance to get bitcoin again.
yeah, there are some countries that prohibit bitcoin and consider bitcoin is illegal, it happens also in my country and I just hope in the future the government will accept and support bitcoin because bitcoin has been proven to help the economy of its users so have a better life
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 am completely confused about this and cannot conclude it. But I hope that the Government will not ban Bitcoin in the present or the future. I do not want to lose all the Bitcoin I have. Bitcoin is very valuable to my life. If the government correctly prohibits Bitcoin, I think the Government is very strong to the people. Because some people make Bitcoin their job and they only rely on income earned from Bitcoin alone. 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.
Its hard to ban bitcoin because bitcoin depending on internet connection. Anyone with internet connection can make transaction with bitcoin and government can not ban it. Government can prohibit bitcoin for payment and its because regulation about currency
This question already has an obvious answer, if it is in their power to ban it, they would have done so a long time ago but they can't. The only thing they can do is to restrict it.
Governments can exactly legislation that applies or relates to any behavior or activity. That’s what governments do at least, that’s what the legislative arm of a government does. Such edicts distinguish activities that are legal from those that are banned or regulated.
it seems the government will find it difficult to ban the bitcoin circulation because I think bitcoin is a digital currency that anyone can never control the movement of bitcoin including the government at all. The government will not be able to prohibit the circulation of bitcoin.
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.
Yes, definitely no one can stop the government to banned bitcoin,but I am also positive that they can't completely eliminate bitcoin in the world, I think huge companies are also investing in bitcoin in silence, or maybe some government officials everything is possible to happen but whatever circumstances will come bitcoin will survive. Jump to: