Topic: Will the government ban bitcoin? - page 24. (Read 2143 times)
Some government in other country want to ban bitcoin because they want to regulate it as currency.The reason i can seen in this issue is because government want to collect taxes from crypto currency.
This is possible.
Many governments and government banks are already against the crypto money market. I write the reason for this under most topics.
With Crypto money, we can transfer money at any time. It's cheap and fast.
For this reason, governments can ban bitcoin.
Many governments and government banks are already against the crypto money market. I write the reason for this under most topics.
With Crypto money, we can transfer money at any time. It's cheap and fast.
For this reason, governments can ban bitcoin.
I don't think governments will ban bitcoin. on the contrary, many governments support cryptocurrency.
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 any government decides that trading or ownership of bitcoin is illegal, then immediately the question arises: how to implement this ban? After all, the government will not be able to confiscate bitcoin owners, if they do not give private keys.
I think that some countries will struggle with the crypto market, because they are afraid that a crypto currency can harm their economy
These kind of issues has been revolving around for quite some time since the outburst of bitcoin price however i don't think government will truly banned bitcoin, rather than that they intend to regulate bitcoin and generating another taxation law from it doesn't sound that bad at all.
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?
Actually yes but only if the thelf started using it as a way fraud or criminal way.. but moreover it can be ban in some countries.
It's not really going to change that because bitcoin is not a scam but bitcoin helps people. and it's just natural that rising and lowering bitcoin costs because of mining but we do not want to lose it legit.
I think it depends on each government because every government has different views. Basically, no government can control Bitcoin, but if they find it has a negative impact on their economy and country, they can come up with a few rules about using Bitcoin. Bitcoin is developing very strongly and becoming more popular. Currently, I find that many countries have a more positive view on Bitcoin, only a few countries banned the use of Bitcoin in payment.
I'm affraid sooner or later they will do it. For example the National Assembly of Ecuador banned bitcoins including other decentralized digital/crypto currencies, due to the establishment of a new state-run electronic money system.
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?
for now there are many countries that have not received bitcoin and they even strictly prohibit, and the only bad excuse that always expressed when there are many positive side, if my country can still be accessed but the government still forbid to deal directly with bitcoin
when a violation appears, so that the goverment investigate first before ban.
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?
the government should allow bitcoin and make a legalize to take taxes from bitcoin transactions. bitcoin is the future currency, believe it.
That was during the period wherein the Bitcoin just started but as of today that would be impossible since everyone already foreseen it growth and development.
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
There is a possibility that the government ban the bitcoin if they notice that some criminals are using bitcoin for their illegal work, but now some countries around the world are now legalize the bitcoin for their economy growth.
before the governments of many countries were against bitcoin, but now the situation has changed, a lot of states advocated the legalization of bitcoin, and those countries that are still against, eventually will also accept, this in my opinion is inevitable
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 government can't ban bitcoin because there are ao many person that makes their life better because of it. Other said government can ban bitcoin because bitcoin doesn't have tax and they think that bitcoin can make real money disappear.
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?
Most governments consider it legal and good for the economy right now since it brings innovation and positive economic development.
I would be extremely surprised if this atmosphere changes the next months or years.
TBH the chance of making it illegal would be under 5% now. I would be more worried about regulations and taxes...
The government will ban Bitcoin, if the government considers the existence of Bitcoin in the country will endanger the economy in the country, or other reasons such as Bitcoin has been widely used as a tool of crime. So the government has the authority to ban Bitcoin. but if there is no clear reason, where might a country be banning Bitcoin. It is impossible.
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