Will the government ban bitcoin? - page 21.

matedrink24

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Quote from: Jose Rizal on April 23, 2018, 05:30:49 PM

Quote from: uchiha_madara on March 10, 2018, 04:37:00 AM

most likely yes, but it will happen if criminals are already using Bitcoin as their crime

That's true, as far as I know Great Britain banned Bitcoin because terrorist used this forum to spread their crimes anonymously, which is undoubtedly threatening if I will be the president of the mentioned country, and they fairly decide to banned this currency than to put the entire country to threat and crimes which will be a disaster cayse Britain was also one of the most economically competitive country in world which is one of the standard of currency.

How can England know that terrorist are using Bitcoin to receive the money ,i think they really don't have proof about this problem, everything are just coming from their suspicions because actually they can't track any crinimals transactions at all.

Jose Rizal

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Quote from: uchiha_madara on March 10, 2018, 04:37:00 AM

most likely yes, but it will happen if criminals are already using Bitcoin as their crime

That's true, as far as I know Great Britain banned Bitcoin because terrorist used this forum to spread their crimes anonymously, which is undoubtedly threatening if I will be the president of the mentioned country, and they fairly decide to banned this currency than to put the entire country to threat and crimes which will be a disaster cayse Britain was also one of the most economically competitive country in world which is one of the standard of currency.

Remainder

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Government has the power to ban crytpocurrencies on its country in order to regulate, to control it and to protect its people, many country now are banning crypto like Iran, China, South Korea and now Vietnam, I hope this ban will not happen in my country, but even they ban it people will always continue to earn bitcoin.

BCTBF

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Quote from: anzhanbei1214068 on March 10, 2018, 03:50:17 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?

Governments in a country may already or plan to ban bitcoin, but the world is big and not just one government exists in this world. There are many big countries that support bitcoin even they have legalized and adopted bitcoin. So I think do not there's anything to worry about.

soenaderecho10

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Quote from: ooeygooeygold on April 23, 2018, 04:34:47 PM

some government want to ban crypto because they to regulate bitcoin as currency there's only one reason i can seen on that issue, because government want to collect taxes from crypto's.

I think its hard to ban bitcoin because bitcoin is a legal other income of people and we can sure bitcoin help the government because bitcoin help people to give work so that the government did not problem to people give opportunity to work because of bitcoin.theres other country ban bitcoin because the country is reach so that other country dont need to use bitcoin.

MCM10

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I think the government will not forbid the existence of Bitcoin, because it is from Bitcoin that will make all the people in the works.
Bitcoin is also a means for us to save and as capital for our future investment in the future to be even better.

ooeygooeygold

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some government want to ban crypto because they to regulate bitcoin as currency there's only one reason i can seen on that issue, because government want to collect taxes from crypto's.

Mwalshe89

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Governments can regulate asset prices, such as currency, by buying and selling shares in international markets. you can reduce the excessive interest in the asset class, tying it to rules that increase the cost of doing business. This is a classic regulation, such as compliance with SEC regulations.

cryptonero

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If your government wont allow to,or if your president will be going to restrict it you wont be allowed to do anything.That is why these governments needs to be educated so that they wont ban it as soon as possible because blockchain technology can revolutionize the whole fiat and banking system in the future,few decades from now.

Invest.Ort

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I think not, they steal it over time and will receive their taxes on this topic

drwhobox

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- hello doctor who box

Some Governments do accept Bitcoin and other types of cryptocurrencies for them to be traded into fiat they are taxing them from every convertion. Some are banning bitcoin thinking that BTC has a chance of destroying their economy but really it's not a threat against it.

rtm125

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I think that some countries will still ban bitcoin in their country, but these countries will be very few and they will not affect bitcoin in general.

Pyr3x

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Yet in the world, not all countries have a negative attitude to bitcoin. So on their territory, he will live, and perhaps many countries will follow their example.

drukoz2

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I don't think every country will block bitcoin. Nevertheless, it does not pose any danger to the state, and I hope that most countries will accept it.

lillyann

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In which State you live. You did not write. There is no general prohibition on the use of BTC. Individual countries are rebelling so much. BTC is safe

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saadat6868

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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

JCO05

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There are already countries that banned Bitcoin exchanges as well as other cryptos. That maybe because of the volatility in the market which is a risk on implementing a currency which needs to be stable. Countries who banned bitcoin has their own reasons. But I doubt that most of the countries will do the same thing since cryptocurrencies are becoming more popular nowadays.

coinzonesl

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sri lanka government say's they will ban cripto......but dont worry we never stop.....

ballerin and giroud

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Quote from: Findingnemo on April 23, 2018, 01:51:07 PM

Quote from: fanBit101 on April 23, 2018, 01:45:37 PM

Bitcoin and crypto are difficult to control because blockchain technology is absolutely safe and no holes are found. The ban may be but it is not appropriate and effective. We have seen many countries have issued bans / restrictions such as China, Korea.

There is no big problem for banning bitcoin for many countries so crypto currencies are like in the good stage and also bitcoin in the good value too so bitcoin will not ban by anyone.

The government's idea of banning cryptocurrency is different from us as a cryptocurrency users. We as users of cryptocurrency will always hope cryptocurrency can be accepted by all countries because it has a good future and more than that cryptocurrency will give us a lot of revenue. But as the government is very much to be considered and the main factor they are difficult to interfere cryptocurrency system.

Ghayoor

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Quote from: fanBit101 on April 23, 2018, 01:45:37 PM

Bitcoin and crypto are difficult to control because blockchain technology is absolutely safe and no holes are found. The ban may be but it is not appropriate and effective. We have seen many countries have issued bans / restrictions such as China, Korea.

well i have no idea about any other government but i must say our government support bitcoin and this year they will make it legal.

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