Will the government ban bitcoin? - page 4.

lynlyn

member

Activity: 243

Merit: 10

Quote from: Patadong on April 28, 2018, 10:07:41 PM

The government can ban bitcoin and we can not control if they will eventually ban it.
And it will can be a really serious matter in the future.because many people earn money from bitcoin.

Will for me government has the power to ban bitcoin but government should think it in a positive way because bitcoin can really do help our society in terms of money matter.

Teh-pucuk

jr. member

Activity: 53

Merit: 1

emang now there are some governments that prohibit bitcoin but it is not directly / have not agreed because the government depends on the same laws of the country.
the government now also participates in it. one day the government will endorse the existence of bitcoin .

albertgrill

newbie

Activity: 54

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What for? I think that it will be really difficult technically and in addition will bring only negative reviews and many people will lose their money

xamxam

full member

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I think no, because there are many advantages of bitcoin that can't easily trash and result in banning bitcoin. Mny people accept bitcoin as their proper use of their savings so that they can also earn from it but even there is a disadvantages of bitcoin it is not enough to make this banned.

qwertyuiop0987654321

full member

Activity: 185

Merit: 100

Quote from: leviathon on March 10, 2018, 04:11:25 AM

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.

I don't think the government will ban bitcoin as long as bitcoin don't do unnecessary stuffs or the people earning bitcoin will do unecessary things that might regulate the rule of the government or the so called laws.

Vart4varta

member

Activity: 238

Merit: 10

If any government decides that the trade or possession of bitcoin is illegal, then the question immediately arises: how can this ban be implemented? After all, the government will not be able to confiscate the bitcoins from the owners if they do not hand over the private keys themselves.

Rarahumaira

newbie

Activity: 114

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It depends on the government's mindset of the country because each country will be different from its government. As in my country the government also blocked bitcoin for fear of disrupting the economy and i am sure the government of my country is working together to the local bank for fear the bank will be replaced.

oni4an

sr. member

Activity: 658

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You can ban almost everything, but it does not mean that it will not be used. What is forbidden gets even more momentum. Countries banning crypto do not look to the future.

basyang

full member

Activity: 644

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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?

Well, I think the government banned the bitcoin if people who used it is still scam other people that's why the government need to do action about it. So, as long as bitcoin users did not do anything against the government regulations bitcoin can not be banned.

cordlesslake

sr. member

Activity: 472

Merit: 250

I agree with lisasteca. You can not forbid something that does not harm anyone. The btc is a payment system that is based on spontaneous acceptance among users. It is not an illegal currency so only a dictatorship can forbid it.

Gila uang

newbie

Activity: 168

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Quote from: kiatitami on April 26, 2018, 11:12:44 PM

It depends on each country, but most governments in Asia are always banned by the MOF. BTC is accepted only in some European and American countries.

I think the government, the political parties are just people and they change, and their beliefs are also growing. Bitcoin must also be integrated into the world's public payment system, or it can be the main currency of the criminal world
In my opinion in the first government will try to control bitcoin. On the other hand, bitcoin and other cryptocurrencies will gain more influence in the world and TOP 7 government must find a way to integrate bitcoin into the world economy.

lisasteca

sr. member

Activity: 574

Merit: 250

It is very difficult for a government to ban the btc because an instrument of payment and investment can not be prohibited if it is not contrary to the general principles of the legal system. It would be like prohibiting the bank check or the bill of exchange.

Rakesh_alejandro

newbie

Activity: 126

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Quote from: Minhxx on April 26, 2018, 12:03:06 AM

In my opinion most countries ban it. It is tax free and anonymous operation is difficult to control. The government always wants to hold. And it affects the banks

I think the biggest drawback of Bitcoin is that it will not control any government, and it will not be able to control Bitcoin, which will have a major impact on the economies of various countries.
No, if the benefits brought by Bitcoin are large enough, the government will certainly allow it.

SMD.Shuvo

newbie

Activity: 92

Merit: 0

No, the government will not ban Bitcoin. If Bitcoin's problems are too large, the government will solve it, but the government will not ban Bitcoin. I think that if the government bans Bitcoin, people who are earning money using Bitcoin will suffer a lot.

NightCloudz07

member

Activity: 224

Merit: 10

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?

yes that was true only government can have a right for bitcoin in there country so they have the option if they ban it or not but i think it was better to accept bitcoin in a country.

i_iz_vins

newbie

Activity: 107

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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?

Our government has no plan on banning it but they are still looking after bitcoin. They see threats but they know it has many positive effects on the society and economy. There are interviews that they said that they think bitcoin will be good in the country and should not be used in illegal activities. The only downside is it can be used in crimes and also bitcoin is not taxed which the government does not want.

bitcoinrunners001

newbie

Activity: 84

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There are some countries that banned bitcoin.The government think that bitcoin is a threat in their economic financial stability. But they can't fully ban it because bitcoin is decentralized.The Government does not have good and substantial motivation to boycott bitcoin. Considering the way that bitcoin change numerous existences of individuals and help to lessen neediness through giving a road to diminish joblessness and offer opportunity to gain past the lowest pay permitted by law.

Patadong

member

Activity: 224

Merit: 13

The stock photography revolution

The government can ban bitcoin and we can not control if they will eventually ban it.
And it will can be a really serious matter in the future.because many people earn money from bitcoin.

thekafi

newbie

Activity: 59

Merit: 0

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?

I think, the government should taccept the bitcoin. the bitcoin is the future currency, it is digital. No one can refuse the future technology. The government prefer legalize the bitcoin. In my opinion.

Glorypaasa

full member

Activity: 420

Merit: 100

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?

It will never be banned if we used bitcoin in a proper way. Some countries banned bitcoin because of illegality of using it they use it for crimes. Some used it to gained more money . But I know bitcoin will become famous because it gives more advantages to all of us. All we need is to do the right way of working with bitcoin.

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