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Topic: Will the government ban bitcoin? - page 20. (Read 2143 times)

full member
Activity: 224
Merit: 100
April 24, 2018, 07:29:19 AM
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 doesnt do anything bad, instead it helps people to make their own money, and it also give them chance to improve their life. Bitcoin becomes bad,  because of some people who uses it in doing crimes and bad actions.
member
Activity: 336
Merit: 10
April 24, 2018, 07:16:21 AM
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?

Of course the probability and possibility is quite high since governments from different countries can not get any tax from bitcoin. That is one of the reasons they might ban bitcoin.
full member
Activity: 350
Merit: 101
Your professional profile on the blockchain
April 24, 2018, 04:48:36 AM
If to see on situation through the time - I`m almost sure that all developed countries will prohibit all cryptocurrencies and will create their national one.
jr. member
Activity: 70
Merit: 1
April 24, 2018, 04:33:50 AM
The government will not prohibit bitcoin because it is a transparent system and bitcoin is a free currency that is not responsible for the people
full member
Activity: 1414
Merit: 228
Omicron is another FUD
April 24, 2018, 03:55:45 AM
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?
until now governments in some countries can only prohibit Bitcoin as payment, they will not be able to clear Bitcoin up to the roots, and make it disappeared...
Bitcoin has spread and its enthusiasts in every country are growing...
newbie
Activity: 39
Merit: 0
April 24, 2018, 03:43:24 AM
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: 39
Merit: 0
April 24, 2018, 03:28:42 AM
The government banned the sale of Bitcoin. However, before the rapid development of the scientific and technical revolution and the trend of a relatively common electronic currency, central banks are also watching closely for timely response, and the government gradually have to accept bitcoin.
full member
Activity: 378
Merit: 100
April 24, 2018, 03:26:12 AM
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?



No I think government will not ban bitcoin because they all know that there are so many person that are involved here and getting the benefits of it. Yes government didn't approve bitcoin but they can't banned it.
jr. member
Activity: 48
Merit: 4
April 24, 2018, 03:16:58 AM
No,it is not possible for government to ban bitcoin.It is not easy to ban bitcoin.
member
Activity: 140
Merit: 10
April 24, 2018, 02:51:24 AM
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?
Maybe yes that bitcoin will be banned by government, governmsnt can make a law that will drag bitcoin down, because government is powerful that can make a file aggainst bitcoin, the duty of government is to protect the people in their country so, if bitcoin will be threat to the safety of their people then bitcoin will be banned.
newbie
Activity: 196
Merit: 0
April 24, 2018, 02:39:41 AM
If a lot of the bad guys who dropped the bitcoin and using bitcoin for evil then the Government will be banning bitcoin.
full member
Activity: 504
Merit: 100
April 24, 2018, 02:34:58 AM
I think the government can ban bitcoin but the government can not control the use of bitcoin and bitcoin users do not seem to be affected by the attitude of the government
full member
Activity: 630
Merit: 102
April 23, 2018, 09:50:23 PM
for our government there is no such thing as forbidding people to use bitcoin, because bitcoin for us can really change a better life, although bitcoin in my country has not been recognized by our government, but for them there is no prohibition.
newbie
Activity: 8
Merit: 0
April 23, 2018, 09:39:45 PM
I think it will not prohibit it because in the presence of bitcoin people can have side income this can prosper the community, and with the bitcoin also 90% people can know cryptocurrency.
member
Activity: 350
Merit: 13
April 23, 2018, 08:45:29 PM
I do not think bitcoin will be banned by the government as long as bitcoin does not threaten the country's finances, because up until now bitcoin only absorbs 1% of state finances.
newbie
Activity: 28
Merit: 0
April 23, 2018, 08:37:13 PM
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.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.
member
Activity: 191
Merit: 10
April 23, 2018, 08:31:17 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?

In my opinion, yes. Any government will ban bitcoin if they saw their people abuse the usage of bitcoin such as doing illegal activities. They are afraid that it will have a negative impact in their economy.
sr. member
Activity: 1428
Merit: 251
April 23, 2018, 08:30:40 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?

If the concern is exchanger, many country with good regulation can be host for that exchanger. Like Gibraltar, on that country exchanger or cryptocurrency activity allowed as long following their regulation and right now many big exchanger start opening their branch on that country.
I am believe its very hard for government to ban cryptocurrency except they want shut down internet
newbie
Activity: 133
Merit: 0
April 23, 2018, 08:29:01 PM
depending on his government also I think bitcoin should not be banned by the government because it has a very tempting prospect for investors.
Indonesian government policy for example they do not prohibit the existence of bitcoin but they prohibit bitcoin as a valid transactional tool in indonesia because tool of legitimate transaction is money indonesia.
newbie
Activity: 52
Merit: 0
April 23, 2018, 06:56:58 PM
Yes they have a possibilities that the bitcoin can replace the currency of a country. So the government have a responsibilities on how to prevent that possibilities and it will use anything to prevent. And it will ban bitcoin in a country and stop all the users.
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