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Title: Don't panic, we can't ban VISA? MasterCard?? Post by: girulal on April 07, 2017, 02:02:56 AM Hello everyone I personally think even if govt ban Bitcoins how can they ban visa and MasterCard? I think banning the bitcoins will not be a solution for whatever government thinks about bitcoins. How long can we sit in a dark room, if the whole world is enjoying the sunshine. Don't panic, it has happened in other countries too, but still you can see the prosperity of Bitcoin. Even though I hold a small bit of it but I am optimist for Bitcoin :D
Title: Re: Don't panic, we can't ban VISA? MasterCard?? Post by: @prashant on April 07, 2017, 02:59:07 AM It doesnt matter whether goverment allow it or not,before current exchange in india were not there people were still utilizing bitcoin unless someone is fully dependent of bitcoin/altcoin to pay for his basic needs.
But still it can not be banned as many big multinational company are thinking of utilizing blockchain potential. Even axis bank was thinking of it. Title: Re: Don't panic, we can't ban VISA? MasterCard?? Post by: btvGainer on April 07, 2017, 10:55:22 AM It doesnt matter whether goverment allow it or not,before current exchange in india were not there people were still utilizing bitcoin unless someone is fully dependent of bitcoin/altcoin to pay for his basic needs. Aren't banning bitcoin and using blockchain are two different things? Few months back government banned porn sites but it doesn't entail banning the internet. But still it can not be banned as many big multinational company are thinking of utilizing blockchain potential. Even axis bank was thinking of it. Government can ban bitcoin but still allow blockchain. Title: Re: Don't panic, we can't ban VISA? MasterCard?? Post by: Forbiddenone on April 12, 2017, 01:17:57 PM It doesnt matter whether goverment allow it or not,before current exchange in india were not there people were still utilizing bitcoin unless someone is fully dependent of bitcoin/altcoin to pay for his basic needs. Aren't banning bitcoin and using blockchain are two different things? Few months back government banned porn sites but it doesn't entail banning the internet. But still it can not be banned as many big multinational company are thinking of utilizing blockchain potential. Even axis bank was thinking of it. Government can ban bitcoin but still allow blockchain. Title: Re: Don't panic, we can't ban VISA? MasterCard?? Post by: bitcoinisbest on April 13, 2017, 05:54:27 AM It doesnt matter whether goverment allow it or not,before current exchange in india were not there people were still utilizing bitcoin unless someone is fully dependent of bitcoin/altcoin to pay for his basic needs. Aren't banning bitcoin and using blockchain are two different things? Few months back government banned porn sites but it doesn't entail banning the internet. But still it can not be banned as many big multinational company are thinking of utilizing blockchain potential. Even axis bank was thinking of it. Government can ban bitcoin but still allow blockchain. Yes govt is on the plans to ban only bitcoin and other currency and not the technology. They say if its a currency than who controls it as all the currency in the world like INR, Dollar, Euro etc is being controlled by govt so who controls bitcoin? Since nobody then govt cannot allow such currencies. Title: Re: Don't panic, we can't ban VISA? MasterCard?? Post by: lordquanta on April 13, 2017, 07:17:35 AM Banning Bitcoin and banning VISA or Mastercasrd are two different things. Visa/mastercard are backed by fiat and they are not currencies from any perspective. Where as bitcoin is a currency (digital crypto).
Title: Re: Don't panic, we can't ban VISA? MasterCard?? Post by: onrise on April 13, 2017, 06:12:25 PM Very right Visa has being approved and easily traceable while Bitcoin is not . Due to which a ban is going o come in place in order to curb this I feel so .
Title: Re: Don't panic, we can't ban VISA? MasterCard?? Post by: SHAWN-MIDWAYS on April 13, 2017, 08:12:45 PM It doesnt matter whether goverment allow it or not,before current exchange in india were not there people were still utilizing bitcoin unless someone is fully dependent of bitcoin/altcoin to pay for his basic needs. Aren't banning bitcoin and using blockchain are two different things? Few months back government banned porn sites but it doesn't entail banning the internet. But still it can not be banned as many big multinational company are thinking of utilizing blockchain potential. Even axis bank was thinking of it. Government can ban bitcoin but still allow blockchain. and imposing a ban will just give bitcoin a marketing platform to grow even bigger as more people will grow an interest to want to know what bitcoin is all about. Title: Re: Don't panic, we can't ban VISA? MasterCard?? Post by: iad_xo on April 14, 2017, 12:25:54 AM same as ban of alcohol in some state. right?
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