Bitcoin Forum

Hi,
First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?

All opinions are welcome.

Regards.

Its impossible to ban the bitcoin in all country. Because there's one country who made thw bitcoin and im sure about that. If no country create the bitcoin then why as of now the bitcoin is alive ? Im sure that the givernment of that country is make a way to sure the bitcoin can't destroy

They cant ban bitcoin, its the same as banning internet

It depends on what bitcoins do to us. And what this impact on us is. Because if bitcoins are good then the government will not stop them anymore. Actually the bitcoins are famous for many lives that have changed it so it's less likely to disappear

Well, if there is one thing I learned in this world it is that nothing is really impossible...anything can happen as far as Bitcoin is concerned in connection with the many governments who are right now looking at Bitcoin with unkind eyes. They can ban Bitcoin or rather the use of Bitcoin in their own territories and they  have the power to do it as shown by what China did last month. Of course, technically they can't stop Bitcoin because they do not own the Bitcoin network but they can put regulations making it hard if not impossible for their citizens to deal with Bitcoin.

Now, what can we do to help? Essentially, there is nothing we can do. The power of the government does not belong to us even if we can ideally say that all power emanates from the people (this power can be good in election days and not really all the time). Not all countries fully subscribed to the democratic ideals people in the West are upholding and practicing. This is a big reality we have to contend with. We can't create our own government and declare Bitcoin to be fully legal. Or maybe not for now.

We can only hope that those countries already opened for Bitcoin will continue on supporting the cryptocurrency bandwagon and will not change their mindset about it. Plus we do expect that there would be more countries to join us here in the Bitcoin family -- maybe by next year. As for you, just continue on HODLING to your Bitcoin because for sure it is now travelling to the moon.

The form of government will be my basis on how will Bitcoin will survive and not be banned in a country. There is a high possibility that Bitcoin will not be banned if a country is practicing a true democracy. In my view, a country that people have freedom to choose is likely will not ban Bitcoin.

I am not an optimist and i think that sooner or later this will happen and we have to be prepared.
This hit the bitcoin price for sure,but i don`t think that it will damage the blockchain that much.
Bitcoin will continue to exist in the darknet,but the btc price will be way too low.
The good news is that  bitcoin supporters can be found in most of the governments of the western countries,so they might try to stop such mass ban.

One of his serious questions is that there is no accurate answer. Bitcoins are a bit of an internet so if you stop accessing it at the same time stopping the internet. Bitcoins do not control anyone so there is no way to stop it but I can see and catch the builder that Satoshi Nakamoto might have chances but you really find it hard to identify and see. So let's accept it and embrace because bitcoins can change the way of payment

Thanks for all the constructive replies.

I guess, our hopes are in western countries, said democratic, such as US, UK, France, Germany, Northern Europe, Australia, Japan. etc
I think if in those countries alone, the demand for Bitcoins grows, it should be still good news for the investors we are.

Those countries should find a way to benefit from Bitcoin (taxes...) rather than banning it. I hope so!

Lets assume the US government wants to ban BTC. The supreme court already ruled, that software of any kind is protected by the 1st amendment. There are nine categories, which are not considered 'free speech" ( http://www.newseuminstitute.org/about/faq/which-types-of-speech-are-not-protected-by-the-first-amendment/ )

In conclusion: Transfereing BTC from one wallet to another can not be banned under current US law. There are also technically problems to ban BTC. The wallets are anonymous (if you cloak your IP/dial-in via anon-service) so in order to ban BTC, the US government has to detach themselves from the internet, build an own national intra-net and ban anon-service. That way, they can see who is using BTC and prosecute the users of it.
That will never happen, if you ask me. What the government actually can do is banning BTC from the exchanges so that you can't trade BTC into fiat currencies. That is all they can do, as far as I'm concern. But of course they can pull something illegal. Executive Order 6102 is considered unconstitutional today, it forbid US citizen and foreigners to own gold from 1933 to 1974. So this might happen again in the future.

the possibility could happen, but whether all countries will do that, I feel .... will not, because there is also a demanding and legal state.
hopefully not affect the sale of bitcoin !!

when some countries ban bitcoins, some other countries will accept it to have the hot money in, unless all the countries come to an accord, that's impossible.

Sounds like great logic here :) hope things will be fine. We will all immigrate to Belize if we need to, lol.

There is a possibility that bitcoin will be banned in many country. but observe bitcoin in your country if there is lots of use in bitcoin in your country the possibility is low to become banned. like in my country there is mobile app using bitcoin to buy stuff in many online and physical stores nation wide. As a investor this one of the big risk you will be facing in the future.

You no need migrate anywhere buddy. Since, government of china banned bitcoin still many chinese ebay resellers are selling the miners and other products related to bitcoin. So we can use in the same country converting it into a fiat cash with the available traders. They banned the sites in country only but the domain created under different country cannot be controlled by China and all. There is no ban will be happen in future still recently next country to china. India made it is a legal money.

Do you ever heard the saying "Forge the iron while it's hot"?
I am planning to live like that. I am watching how new and new countries joining to regulation of cryptocurrencies which consists in ICOs banning and banning of exchangers, but I am going to make bitcoins and sell it and trade it while it didn't come to my country. Simply. And after I will see.

Yes, good point Wipro :)

Banning Bitcoin across countries?, I haven't see it will happen, there's a possibilities, however, it was too small to consider.

Even half of this world would banned Bitcoin, it won't stop Bitcoin enthusiast, investor and fanatic.

We don't know for sure but i think it will depends in the impact of the coin to a specific country. Let me give you a good example:

If a country uses bitcoin and also the official uses bitcoin and they steal a money in the government and use bitcoin to launder it. It's possible right? We all know that if you go in the cryptocurrency or at least in the internet you're anonymous.

Also if all people in the country tries to work all in the cryptocurrency they're not going to receive a tax payment for every person who works and earns money.

This all just my ideas and opinion.

you can never be sure. what you can be sure is that nobody should care what the countries do. bitcoin is DECENTRALIZED! and that means something...


you are asking the wrong question. you should be asking what China and Russia really said.
China said they are banning ICOs and they also closed down a couple of exchanges that did not have any license and were laundering money.
Russia said ICOs are causing a lot of financial damage, they also said cryptocurrencies are dangerous, they also said cryptocurrencies are the future and should be legalized. they have not done anything about any of it yet though. they also closed some exchanges.

In my opinion, bitcoin will not be banned. Too many banks are investing in blockchain technology. They will spread FUD just to buy them at lower prices, but, at the end, bitcoin will be accepted at a global level.

What I think is that in the next years governments will work on regulating bitcoin exchanges and taxes, and bitcoin will be used daily.

It never gonna happen . Because bitcoin is a cryptocurrency which is spreading all over the world.Main focus of bitcoin is trading and also we can use it for the other purpose [ such as shopping, medicines ,trip tickets .....etc] .Yes,some of them are using this bitcoins for criminal activities but that never be a reason to barn it.The accessibility of bitcoin is increasing day by day so barn this cryptocurrency is not at all easy,it's only my opinion.

Surely they can ban bitcoin but they can control or prohibit people into not using it. As long as people have internet they will use bitcoin even in the past years when bitcoin was still widely use in dark and deep webs people still despite that its illegal. So how much more now the digital currency have grown even bigger and price is getting due to the increase of demand. This government dont understand that they cant stop BTC.

I think it would be very unlikely for all countries to ban it unless it significantly changed the world order by completely undermining all the major currencies. It's no-where near that at the moment.

I'm hoping that governments are more likely to regulate cryptocurrency and tax it.

Bitcoin will be legalized by most of the countries and only countries ruled by noobs will stand against bitcoin always like my Country.
Nepalese government have just heard of the word bitcoin and out of anxiousness they made it illegal for trading.

But how any government gonna ban the use of bitcoin? If you are willing to accept bitcoin as payment and another guy is ready to pay you in bitcoin, how government gonna stop such peer to peer trading? They can ban bitcoin trading platform operating in the country but they can't stop the use of bitcoin.

We just need to show to the government officials that they need to pay attention to the cryptocurrencies like bitcoin which is a great upgrade or addition to the financial system that they have right now and we just need to tell that Japan is one of the countries that already accepted it and the country of Japan is having a good results in bitcoin so if we will tell those reasons to the government or even show it then they will not ban bitcoin for sure.

We can't. It seems China, Russia and north korea are against the currency right now. But other countries really havent made much of a statement. I think the USA and the UK embrace it and aren't threaten by it. but if every country did ban it it would hurt bitcoin but wouldn't completely destroy it. it would just be considered illegal to use.

Well they have (governments) a nice skiing holiday in Davos every year (world economic forum) where they discuss how they will rule the world for the next year or the G20 and if they all agree here to a blanket ban of exchanges and even crypto itself, there is not much anyone can do about it. Sure btc will survive underground but no average person will use it or more importantly for the price anyway, institutional investor are gone

You want to see bitcoin banned by a lot of countries....see its value from the close to 5k it is now to say 50k in 6 months....

banker fud/fea3/etc all hell would break loose politically across the world..the powers that be would be frigging out of their mind with wtf!!!

if that was the case, they could try, but by that point, it probably would be moot....

anyway, a scenario not likely based in reality...

Hopefully this never happens  :-\

I have zero doubt in my mind that the USA will ban exchanges eventually. This WILL happen, mark my words. However there will be countries like Switzerland, Japan etc who will welcome the new business with open arms. Switzerland is already seen as a safe haven for crypto. The big US exchanges will move to offshore locations & the price will begin to recover again, similar to the whole China Fiasco. Furthermore we are moving to decentralized exchanges, when this happens there will be zero stopping bitcoin. It will win out in the long run.
Have faith in the technology, HODL & buy the dips along the bumpy ride. The US banning exchanges will be the last FUD weapon left in the arsenal, I hope it happens sooner rather than later just to get it out of the way.

Well do not worry it will not happen. I mean it is dependent on what bitcoin will give on the country. Well in China, they banned ICO. Because the case was they referred it to as scam.

I think that this is unlikely, but even if bitcoin is banned, then on the Internet it will be possible to circumvent this ban and then exchange bitcoin for other currencies that are not prohibited.

i believe bitcoin should be on top in the world in currency as decentralized crypto currency legality of bitcoin are helping to people of every republic bitcoin guve decent job for the unemployed people and helping to the economy bitcoin have potential to grow with the altcoin i don't think bitcoin goes banned.

The chance for most countries to ban bitcoin at the same time will be very small. But if it just your country who will ban it, I think you don't need to worry. They will give you time to convert and withdraw your money before they applied such new rules regarding the ban.

in my opinion, bitcoin will still exist and it is impossible if almost all countries forbid it. although there are some countries banning bitcoin trading, I think it is a game of state government that they want bitcoin prices to go down and buy lots of bitcoin at cheap prices. that's my opinion

Its highly impossible to ban bitcoin in all countries.If they want to do so,then they would have to ban the internet completely which is not possible.If it had been possible to do so,US and many other countries would have banned bitcoin much earlier and by this time,bitcoin would have disappeared.

China and Russia have not been comfortable with bitcoin from the beginning.We cannot expect all the countries to have the same view about bitcoin as they have.We recently saw another asian country,japan a big economic giant legalized bitcoin.Vietnam,Australia,India are soon to legalize bitcoin.

So,its not possible to ban bitcoin.

First thing first, you don't know and there is no way for us to know as well.  Aside that, I stop bothering myself about issues like that several times ago since I started my journey into bitcoin because the feeling of being banned, I took some decisions and more than 1 year down the line, bitcoin is still standing and waxing stronger. Rather than been bothered about when they will find a solution to the banning of bitcoin, I would rather concentrate that on spreading its knowledge so that the population involved would force the hand of government to a favourable conclusion.

I think it would be very hard for every country to ban bitcoin, even if some do and prices fall it would be wise to buy in then as well because the countries that ban it would most certainly be buying as well.

Bitcoin is a decentralized currency which means it can be banned only by the government of the nation. It cannot be banned world wide.
The only possible way to ban it world wide would be if all the nations ban it together which I don't think will be happening seeing the growth rate of Bitcoin and the adoption of BTC by many countries. Bitcoin is going to stay here for long and might be the top most selling asset in a few years.
Bitcoin is being used by majority of the population and so it won't be getting a ban anytime soon.

For me it is pretty unlikely to have Bitcoin banned in most of the countries. If several governments decide to ban the use/ownership/... of bitcoin (they can not ban Bitcoin as "technology")
we will have to follow their laws and are pretty helpless. Governments already showed us they "do whatever they want". It's hard to look ahead into the future.
But i still believe there are far bigger problems governments are/should focusing on. And Bitcoin will stay Bitcoin.

In some cases, bitcoin will not be completely prohibited by most countries, as some countries consider bitcoin more important than fiat.
The possibility will not happen, I am also the holder. I think even bitcoin will find a place in many countries, many countries will receive bitcoin well, about russia this is only rumor not fact. The possibility that I see is that bitcoin will persist in the next 10 years.

You have a great question for a long term investor,

I think there is no way that a country can totally ban Bitcoin for their citizens to use as there is always a possible way for people to use whatever they want in life so maybe governments will only regulate it by creating a department that will monitor and give taxes to those people who uses it in a daily basis for their work or businesses, Bitcoin is the future of digital currency and banning it will not help instead accepting it with a good laws will make everyone okay.

We all know that Bitcoin is limited to 21,000,000 so by this I am confident that in the next years the price hike is inevitable as the supply is limited.

I made a comment regarding this question, I will do it again for you. China didn't ban bitcoin, they banned icos and they did that because companies started to seek for investors in that way, and because many of startups are scams, and then they started to talk about legitimate exchangers. Russia will not ban bitcoin, they will do same as China did, they will ban all exchangers that they can't control, but legit exchangers will continue to work.
What ever they do will be a little problem for bitcoin, but that is all a little problem, nothing that bitcoin users can't handle.

As long as the people who make the rules own Bitcoin they will not ban it. Problem is we have to get them on board first.

I think that bitcoin in the near future is big money making me realize how would the government see this as a threat or advantage. Of course the government will announce wether it's legal or illegal.
So in short, there is nothing we can do if it will be banned and when it will happen. That is why bad images and issues should be eliminated for smoothe processes. This will keep bitcoin safe and with good purpose. As advice, I think that we should just be updated in bitcoin especially on how it is being used in our countries. It will prepare us tho.

It seems that governments are controlled by giant corporations, therefore the question might also be asked, how will these corporations view Bitcoin in the future?  If the corporations want it around, it will be around, and if they want it eliminated, it will be, to the extent they can actually accomplish it, eliminated, or radically marginalized.  So we are more at the mercy of these corporations I believe.

Bitcoin cannot be ban by all the countries so keep your investment intact and be optimistic that the prices of bitcoin will continue to rise.
Although there some illegalities being perpetuated by some scrupulous individuals using bitcoin e.g money laundering, terrorism funding, this is  why some countries are taking drastic steps to prevent such nefarious activities, but this does not amount to the fact overall banning of bitcoin.

I think banning of bitcoin by most country can not totally stop the usage of bitcoin because from on set bitcoin was not meant to be accepted by government. Bitcoin is  the currency of the people not the currency of government. Relax, you are investing in unstoppable technology.

Well first you can't make sure that bitcoin will not be banned. That decision can only be made by governments, and unless they ask for it's citizens decision by making a referendum, then there is not much you can do about it. Unless they would talk about it in a campaign, and then you wouldn't vote for them etc. But in the end there isn't much you can do to stop them, if they want to. You can of course ignore their decision, and use bitcoin anyway. It would be a risk, because you could get caught, but it would be possible to do it.

Anyway I don't really think that will happen anytime soon. Just take a look to Japan and Switzerland. I think most countries will have that approach. Of course that if bitcoin becomes a real threat to them, maybe they will attempt a ban, but if regulation gets done well, it shouldn't happen.

Hello author! To be sure this is "normal" and predictable situation...You can open your eyes and just looks all over around the world what you see?
I can say to you what I see. I see the Wars , poverty,  greedy, violence, diseases and I am not a pessimist I just try to say in how unstable position all we are living! In every minutes we can hear about some awful things like Syria, Donbass, Korea etc

I hope that will not happen, but if we have to face the worst possibility that will happen and if one day bitcoin banned in many countries, then what I will do is I will still collect bitcoin, and if my bitcoin pretty much, I'm going to vacation in a country that still legalized bitcoin and redeems the bitcoin I have there, I think that's a pretty good choice.

I think Bitcoin will not be banned in every country cause there are few countries that legalized Bitcoin for years so this case will never happen in here. Beside, countries like China or Russia,....ban Bitcoin because their technology still not good enough to control Bitcoin to overcome the drawbacks of Bitcoin so they banned it to make sure that nobody can take advantage of Bitcoin to do bad thing. I think when their technology better and they have enough ability to control Bitcoin they will unban it soon. Just wait.

poor country who ban bitcoin. Bitcoin has great and useful tech behind it. I hear England or US save $20b because using blockchain in something system. Russia and China not fool enough to trash this great thing

As of now there is really no assuarance that bitcoin can last forever.
Countries can do anything they seem fit to bitcoin and other cryptocurrencies.  The only thing we can do right is to continuously promote bitcoin among other and hoping that it may reach the ears of politicians who will be so eager to shutdown bitcoin.

But wouldn't most countries, especially the more authoritarian ones, see Bitcoin as a major threat to their fiat currencies (because of their inability to manipulate and control it like they can with their own fiat), and hence a major threat to their ability to control their economies and their populaces?

A number of countries already tried to ban Bitcoin, but soon reality dawned on them that banning something that is free and decentralized is not all said and done and those that have already experimented with such possibility now know that it's Bitcoin's time and so attempts to point people the other way backfired - much more people are now curious about Bitcoin

Serious Answer::

The most effective way to counter the government is the people itself,, so everyone of us in this community must contribute to bring awareness to all our countrymen,, so in times that the government make a decision they will think about the huge number of users and investors that might be angry to them when they do banned bitcoin.. And those officials are greedy for voting power,, as election is about the will of the people..

Now you can already be sure that most countries no longer prohibit crypto currency. This is evidenced by recent events, where virtually all countries recognize the crypto currency and there are practically no countries where it would be completely banned. However, even if most countries banned it, it would go openly to the rest of the territory, and where it was banned, it would have a hidden walk.

It won't get banned everywhere.

Basically the strong countries will embrace bitcoin in the hopes of stimulating a new fintech economy  - this is Japan's strategy, and it looks like it is successful. After they legalised it, some big ISPs announced they were getting into mining.

Weak countries with capital flight problems will ban it. China, Russia, and so on. And they will end up getting further behind.

If that happens then it will cause a tremendous panic, many markets will become illegal and threatened to close, but I think they will not be that way because realize the potential bitcoin in the future, many famous businessmen who will fight them with scientific explanations, including some people in parliament that would convince the President to think more intelligently.

that is correct, especially on third world countries. They have far more important issues to deal with other than bitcoin. It would also take a lot of time effort and funds to enforce banning the use of bitcoins. Some countries already did it but i don't see it being done on a larger scale.

Nothing is impossible because if the main purpose of cryptocurrency / Bitcoins use started to get only in illegal way then automatically all country will ban it and even the country which accepts bitcoin will ban it again because all country can do anything in the interest of their country. If their is serious threat to all country peoples and their economy then automatically all country will get united and can ban it internationally and declare it as illegal to use it. So always think anything can happen and only invest which if lost dont affect you.

"Most" always implies one missing, and BTC themselfes travel lightely accross country borders. Problem solved.

But lets take better examples seen on that "Some countries are opening doors to adopt cryptocurrencies in a larger scale" article from Deepdotweb 10/8 where they start with Estonia's e-Residency.
And they mentioned a real estate broker from Dubai, that Lady Michelle Mone as an adoption example. Selling higher value appartments for BTC. People of that class will assure that some countries always will take a welcoming approach on bitcoin.
We geeks are just early, but not the biggest influence.

Well in this world nothing is impossible, or should i say that the thought of bitcoin being banned by most countries is not yet possible. In this modern day and age we are already moving from the traditional and into the digital world same goes with bitcoin.
One by one countries are supporting bitcoin some already legalized it while some government are trying their best to control bitcoin completely but that is not yet possible as they dont really own the network so what they do is put restrictions on it, not completely banning it since they can still benefit  from this.
Now, to answer the question. In my opinion we can prevent the government from banning bitcoin by just following the rules that they will impose.
I know some will think that it may not be fair especially with those corrupt government as they will try their best to control the market.

Because our slave masters created Bitcoin:



My gosh I (not intentionally) made the 66th reply again after making the 666th reply about EOS recently.

You can't really be sure that Bitcoin won't be banned... but the thing that makes Bitcoin "Bitcoin" is that it is peer to peer... meaning that you don't have to worry about governments "banning" it.

Say if they shut down coinbase, xapo, etc; you will still have comfort in making trades with other Bitcoiners in a peer to peer fashion... either through places like localbitcoins or bisq.io

Should there be a word-wide ban on bitcoin utilization, then I would cash out immediately my remaining coins to fiat. But banning bitcoin in most countries is deemed impossible since the benefits and opportunities it provide supersede the negative implications and disadvantages of it. Each country recognize its potential to the general public and the economy since it increases the money supply on the market, and provide an alternative way of earning money to the underemployed and unemployed sectors.

 :) Hey
 if countries would have been looking forward to ban it some countries wouldn't have accepted bitcoins , as in made them legalized and taxable.
With so many users possessing bitcoins I doubt if thats possible, yes a dictator ship can prove to be highly negative for bitcoins but in a democratic countries, I don't think there is any possibility of getting banned.
Bitcoins are doing a great job in providing people with opportunities and making transactions more stable , I don't think government can forsee this...

Holder here as well, for me all I can say about your questions is nobody knows what the future holds, so we should really make the most out of each and every day in this crypto world. For we would not know what lies ahead the future. We might be very optimistic for the moment but what if something happens in the next few days. I truly believe that banning of bitcoin is useless for no country holds the off switch of the bitcoin. We might just enjoy it while it is here. Let's just believe that the future is good every-time we wake up, for what we ask or seek is what is given to us.

Basically, it is the same thing as saying that, talks of banning Bitcoin, are barking toothless dogs, because the implementation have been proving the few that experimented with banning Bitcoin wrong. In effect, Bitcoin cannot be banned, they would have already done so if it were possible. Many more countries are going to have to accept Bitcoin and then try to legalize it, that is the best option open for them.

if some countries try to ban bitcoin, but many more countries try to legalizing bitcoin. example some countries in southeast asia are considering to legalizing bitcoin.. and in my country even though the goverment not recognize bitcoin, but the goverment not banned bitcoin..

The issue of banning bitcoin and regulating bitcoin are entirely different,only a few countries have banned bitcoin all together and the rest are trying to regulate the exchanges and not bitcoin,bitcoin network cannot be banned and for the countries that banned bitcoin they cannot run an exchange but they cannot restrict their citizens from transacting with bitcoin.

Bitcoins are not actually banned in China , they just cannot be used or converted into their native currency Renminbi by the help of banks .
Miners are free to mine and the traders accepting bitcoins can take Bitcoins as transaction currency.
Same goes for Russia , the Russian Central bank didn't ban bitcoins they just proposed to put restrictions on the exchanging sites that offers every crypto currency not just bitcoins. People can use bitcoins but they cannot buy them from online shops.

Bitcoins have a huge advantages and no country would like to ignore them , the developed countries already started using bitcoins, the increasing rate of users also kind of insures that Bitcoins would not be banned across the globe by any country.

We will not get banned by most of the countries because bitcoin is not doing any illegal thing that will provoke the government to ban bitcoin. Bitcoin will stay what it is and a lot of people will just come in bitcoin and instead of banning it by the government, they will just adopt it and use it also.

It has been legalized already in some countries, for example, in Japan, it is impossible to prohibit the crypto currency, since it is impossible to prohibit the Internet.

It is unlikely that most countries will ban bitcoin because it is used in many areas, enough to be relevant in every aspect of what it can do.

You are right, that bitcoin is already legalized in some countries, but not all countries yet, maybe it will be a problem if bitcoin price will increase more and more in some countries which they have a poor economic, like some developing countries. Personally, In most of cases, I don't think that bitcoin will be banned.

it is a very difficult thing to be true, because I myself am very confident that everyone is getting interested and likes bitcoin. it took a very hard struggle to ban bitcoin in some countries.

We cannot be sure. It is expected that countries are reacting the way they are because they see crptocurrencies as a threat which is not under their control. Once they start to realize advantages they could have from cryptos, they will probably try to regulate it and benefit from it. And even if they ban it, it will still be used. There are many things in the world banned (most of them with good reason) but that doesn't stop people from using them.

A guarantee that bitcoins will be banned throughout the world there is growing demand for the cryptocurrency. As bitcoin will increase its capitalization, it can become the main tool for attracting investment into the country. Attempts to ban will be but this is only to get control over the users.

We can't be sure but frankly their decisions don't matter anymore. Bitcoin is an unregulated independent currency native to the internet. Coding is a language and you can't stop free speech.

if bitcoin becomes illegal in all countries surely everyone who invests large amount of money in bitcoin will be panic especially the bitcoin miners who have spent a lot of funds for a mining tool will be at so much loss,
I think bitcoin won’t be illegal in every country because bitcoin is a technology where we can use a digital money able to transfer to all countries without tax and fast transfer process, bitcoin is just an advanced technology aided by a blockchain system so it won’t break the law of a country if one doesn’t misuse this technology

is bitcoin really an illegal digital money? I don’t think so, bitcoin is not an illegal digital money maybe bitcoin isn’t accepted by some countries because it’s not taxable in transaction and goods with no tax won’t give any profits for a country, because of all the countries in this world rely on taxes to earn profits to build the country to become more advanced.

Well it will based on how we used it and we can't detect people whose using blackmarket ,so it can be used as a medium ti do the transactions but for it's a gift that can help is earn in proper way.

How exactly would increase in price of Bitcoin turn around to become a problem for poor countries? On the contrary an increasing Bitcoin is a blessing to third world and developing countries, because all jobs and services are based on world class rates, so that someone from India for instance get paid same rate as those from the U.S. and on remitting it, the Indian would have so much more of Rupee. Given such awareness, it would matter less if governments  choose to ban Bitcoin or not, it's a lifeline and people are hooked to it for life.

They cannot ban bitcoin, because it is currency in the Internet. If they ban exchanges we would use decentralized ones. It is impossible to completely ban bitcoin.

They can't ban bitcoin but they could ban exchanges. That would have a big impact on the whole market, especially if the US government banned say coinbase, bittrex, and polinex. I'm sure we would adapt and just use decentralized exchanges but still, it would have an impact.

maybe we should more often to spread positive news about bitcoin in order to be accepted in all countries but that will be a little difficult, because most people in this world are faster to believe in negative news than the positive news  ;D,
bitcoin actually has a good advantage to improving the world's economy but it just the governments of a country are a lil’ bit afraid of bitcoin, afraid it can disrupt the stability of country's financial system and many people in the country are turning to digital money rather than paper money.

BTCBitcoin is a crypto currency which every one who uses it loves and uses it for lifetime. Many big company in the world are getting towards bitcoin now amazon is also starting accepting bitcoin as a payment method and google is also taking interest in it. There is  a huge amount of profit for the people in the country and also to the countries it self. by studying at all the advantages and disadvantages I can say that bitcoin will become more and more popular in the world in coming future there are very less chances of bitcoin getting banned in most of the countries because it has very interesting facts which people need for growth of there economy.  BTC

well, so you can turn off the Internet, while bitcoin is just not forbidden to buy or sell.

maybe you are a little panicked after hearing the news that china and Russia have banned bitcoin, but you don’t have to worry. there are some countries have accepted bitcoin and india have apllied the blockhain system
it’s impossible if bitcoin banned in all countries, bitcoin isn’t a world rebel so no way bitcoin will be banned by all of countries in this world

It is unlikely that most countries will ban bitcoins. Investment wise, many countries have already took bitcoins and other crypto currency, a thought. Many big personalities have been speculated to also invest in bitcoins. The market today demands highly on bitcoins. This would make the country think first before doing any decision.

This makes somehow makes sense. Because these kind of cases isn't rarely to happen in fact it mostly happen in a lot of stuffs. Lets make Marijuana an example, it's existence is considered not just ban but rather illegal in most countries but there are some that makes it legal to use due to its good effects from which bitcoin has a lot of.
Anyway, if bitcoin is ban on every country then it's value will just go down but will never be worthless because it will still be use on P2P transactions.

Well, you haven't been listening to Jamie Dimon. He may be vehemently against Bitcoin, but what he is saying is not total non-sense. Governments like to control money, know who has it and how it is moving. Bitcoin undermines all this.

There are countries are pronihited on bitcoins. Some of them are in the 3rd world country, look at the 1st world country why they keep on spreading bitcoins and cryptocurrencies this is why its a big massive adoption happening right now. i think other countries will adopt bitcoin nor banning. they should study or read the whitepaper of Bitcoin.

There is no way to make sure that bitcoin will not be banned by the governments around the world. Instead the chance looks higher because the governments will be forced by the organized financial sector companies. Banks and lenders are already identified bitcoin as a threat to their business and that's why JMP chief Jamie and an African bank released the statement that "bitcoin is scam". I think some more countries will follow suit.

However, it is impossible for the governments to ban bitcoin completely. People k now about many techniques to bypass that ban and will continue to use bitcoin and other crypto currencies as per their wish. So I don't see a big reason to worry, at least as of now. However, if the governments start taxing on bitcoin transactions instead of banning it, it will make more sense and both parties will be benefited.

Sureity in investment would mean you know the future.  Who knows the future?  The best a man can do is make educated guesses when investing. 

A good question to follow the opeining question is, where to find quality information about Bitcoin?  The answer to this question will help you make an educated guess on the future of Bitcoin.

I will give you a hint.  You are member of it. ;)

We must remember that there is power in the world, which can cancel any laws and generate any decision. As a result, even when bitcoin is banned in a given country, if there is a sufficient number of people who are against this decision they can surely change the situation.

Oh come on, brother! You have got me frightened there! Bitcoin is my only source of money right now. You cannot just go around claiming that it will happen sooner or later. Let us have faith in it and what happens, let it happen. Let us just think of the present and what it is giving to us. In my opinion, I do not bitcoin will be banned by many countries. Look at Japan, it has accepted it. And some countries do not care about bitcoin, and some are trying to legalize it through a various set of rules. I do not think that bitcoin will cease to exist.

Anyhow, I guess there's no way of banning bitcoin in many other countries because why would they ban such a privilege to have a source of income and offers a lot of information in using money in a better modes of payment and so on. This is somewhat a blessing in disguise to help the society become more develop and it should start from people who are losing hopes and have fears of finding jobs for the future. Normally, when we look for a job, we always need money and spend a lot if there are trainings and it is a must. Even applying in government, you have to spend. So I think they can't do that to bitcoin because it can support our dreams so stop banning bitcoin.

Try not to be anxious about the possibility that that different nations will bann the bitcoins they will never bann the bitcoins on the grounds that they know the estimations of bitcoins alternate nations dislike China the legislature of China has no brains yet the administration of different nations are Claver and they will never consider prohibiting Bitcoins.

no one can ban bitcoin.The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them. Whilst the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. While some countries have explicitly allowed its use and trade, others have banned or restricted it. Likewise, various government agencies, departments, and courts have classified bitcoins differently. While this article provides the legal status of bitcoin, regulations and bans that apply to this cryptocurrency likely extend to similar systems as well.

If you are a holder I think it doesn't matter if governments has to implement a total ban in a specific country. Of course there will always be a possibility because we don't know about the governments plan about digital money and what makes it more interesting is that let us just say that they are going to prohibit the use of Bitcoin in a country where we live but the reality is we can still interact, earn and even use it online and the only problem is local exchange when doing a cashout. If ever time will come that Bitcoin is banned here in my country then that is the time to move to other countries like Japan but as of these days I haven't experience any problems with the system yet in fact Bitcoin community here is stronger than before and is increasing rapidly.

It is possible I guess, but still no worries
It is now being banned by many countries and fall quite hard, but at the end of the day it rises again and reaching new all time high

In my country it is now forbidden to use bitcoin as payment, but as long as trading is allowed it is fine by me

There is hardly anything we can do, if Bitcoin gets banned in a certain country. But you can always sell your coins in a country where it is legal and return to your home with the fiat cash from the sales.

As you said even if your bitcoin was banned in your country you can convert your invested bitcoins into some currency then you just transfer into your currency but the real problem is the bitcoin price will crash if most countries banned bitcoin because we all knows that bitcoin price is based on the demand of bitcoin if all countries banned it there will be no demand for bitcoin ans your bitcoin will be worthless so we have to sell our bitcoins if countries started to ban it.

In no way. And we can see the issues that happened to China and Indonesia with Bitcoin.
But i think that is not a big problem, if will happen, as we can get around of this "problem", but certainly it will not be a good thing

Bitcoin will not be banned in every country because many people are supporting and investing in bitcoin. It will still be stable in the next five years. Bitcoin will not go down easily.

It depends on the impact of good or bad Bitcoin on the economic system in each country that has become the economic foundation of each country. If the existence of Bitcoin is considered to disrupt the existing system of economists, I think that is one reason a state forbids the existence of Bitcoin.

In the thread he does not mention all country but most country.
I think always any possibility that most people will ban bitcoin depending on how the government think about bitcoin.
Bitcoin is not perfect, positive and negative are staying in bitcoin. If government just see bitcoin from negative side,  most probably they will ban bitcoin.
But in my mind i hope its not happen.

Well if you think about it, bitcoin will very well disrupt the existing system especially if it's acceptance grow even more. Though i think governments shouldn't take that as a threat but an opportunity to explore broader options to better their economy

I myself do not know if this will go smoothly or not, but every thing will always have pros and cons. If you read the news, there is a country called Indonesia. Their central bank mentions the ban of bitcoin as a means of transactions, but they do not prohibit the existence of activities that run there. I do not know what to do in order for a country to trust bitcoin completely.

That question will never bother me. This is because in my country right now even the top guns are investing. Concerning some of the countries having issues with legalizing btc they will do later whether willingly or unwillingly.

Simple.
You can't.

Unless you represent at least one goverement of a country and you vouch you will NEVER ban it , there is no way to make sure.

I agree Bitcoin either legalize it or it will be considered a threat. The BTC price shows its power. It can be uncomfortable. It is enough to be punished for using BTC. It will be the end ...

well , even if the countries banned bitcoin, but it is a decentralized network ,

so it is impossible do that unless all the Internet paralysis.

I think this is the most likely outcome, but I also recognize that people smarter than me disagree. Consider this: most of the central banks and governments may not even feel threatened by Bitcoin right now. Maybe they believe it can be crushed by institutional markets, or maybe they still believe it's a fad that will die out.

But what if the trend continues? What if Bitcoin really is experiencing the S-curve of technology adoption, and it becomes one of the most valuable commodities in the world? If that happens, maybe it could really threaten a government's monetary sovereignty as bitcoiners suggest.

If so, I think we might see a war on Bitcoin like never seen before, as governments begin to mutually agree that they cannot control it by quietly allowing it to exist. Then we might see all-out bans on possession and mining -- meatspace exchanges/services would largely shut down and the economy would largely go underground. You could never kill BTC this way, but I wouldn't underestimate the effect it could have on the market.

Whoever banned it is not a problem. The only problem is the persons holding and transacting, if that stops then there is nothing to be done.

In this world you cannot be sure in nothing in this you can be sure for sure!

if by government, you mean the legislators that actually write the laws, then yes. whatever decisions these people make is the end result. lets take the us government as an example; if these legislators (congressmen) think badly of bitcoin, and a majority do (hypothetically) we can expect legislation to be written that negatively impacts bitcoin (of course, money is a big influence if people choose to 'influence' these legislators).

not necessarily, it wouldnt have to go that far in order to effectively cripple or disable bitcoin. all that would need to be done is for isp's to block connections to the bitcoin network, and im sure they could manage to find out a way to do that, if they don't already know how. with that in effect, the internet could still function as it has been without disruptions, yet effectively cripple the bitcoin network.

I think as long as bitcoin do not play harm against people and just continue to be useful and beneficial to all, the government will just let it continue its nationwide and worldwide operation and avoid banning it because many people find it beneficial and a great way for them to gain and earn money which is good for their own sake, I bet that the government will not ban it after all.

the legality of bitcoin is a problem. but do not worry, some countries like Japan have legalized bitcoin as currency. and currently, some countries are beginning to review the blockchain system and some of it will implement the system within the bank.
therefore, I am sure that in the future there will be many legalized bitcoins.

we can never be certain, just like the laws that pass, unless part of the government lol

Bitcoin can not be banned, a country can try but you cannot stop a person from using it. It cannot be tracked and if the person has internet, he can use Bitcoin, there is no way of blocking it. They could only get you if they see you using it in public or something and they still cant stop you from using it.

You should worry if bitcoin will be ban to your country but if you are out of the geographical location of those countries that started to ban then it's not your problem. Don't put yourself in too much stress and basically if there's a new country that will start to ban bitcoin, their citizens will be informed first so they can disseminate their bitcoin and start to sell it for their profit. Bans are possible but with these current trend of technology, they might even consider it.

I can surely say if all people already know about crypto maybe if it happen maybe some country didnt ban this bitcoin because bitcoin is very profitable for all people like me i dont have any job for now but because of bitcoin i can easily paid our bills.

We can't be sure, when Bitcoin gain huge users and huge transactions volume, then it will affect the country, one day it can disrupt the economic, so it's going to be either regulate Bitcoin or ban Bitcoin, but we don't really afraid of it, since all the transactions is anonymous, as long as there still people using Bitcoin, it will stay alive

Bitcoin will not be banned in most countries because bitcoin for is a very strong foundation that will survive anytime, and many people know how bitcoin is important to our new era, i don't see any possible thing that bitcoin will be banned in some countries unless we should use them in criminality or something evil things.

In my opinion we can prevent the government from banning bitcoin by just following the rules that they will impose.
I know some will think that it may not be fair especially with those corrupt government as they will try their best to control the market.

I can be very sure that Bitcoin will not be banned because a lot of businesses rely on them and taking away Bitcoin can affect the economy big time.

Due to the increasing number of investors in Bitcoin, it is very impossible to take it down in an instant. Most probably it would take 10 to 15 years before it will be completely gone.