Bitcoin Forum

I would like to take up the points of an article published on Bitcoinist (https://bitcoinist.com/bitcoin-can-never-be-banned-reasons/). (Even if some will say that this media is Pro-Bitcoin the points are the most important.)


Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.

I think that the author of that article should speak with the Chinese Government since they are now banning bitcoin. We all know that once the Chinese Government moves it's for real. Too bad for Chinese people who use bitcoin and other cryptos, lucky for us since our government thinks the same as the author of this article.

Banning in bitcoin's ecosystem is really nearly impossible. You are right with your point that bitcoin is an opensource platform and it is not made to be regulated and is the user's choice and risk to use it.

However, banning it with the part that stopping and not allowing people to accept it and use it as a payment method is the thing to consider. You may have a bunch of bitcoin. But what would be the sense of it if the government already issued a law for the people not to accept it and not to consider the value of it? The government has the power to stop people from using it and consider it as an illegal deed.

So? Who cares if the government considers it as an illegal deed? Not everyone cares what the government think. If that were the case, no one would download torrents and no one would visit the dark web.

For example, the Indian government banned crypto exchanges completely, but Indians execute Bitcoin related transactions regularly through P2P platforms like LocalBitcoins.

You are basically asking why Bitcoin can't be centralized...

That's the first reason why it can't be banned, also due to being on a world wide network where everyone configures / changes it as they wish.

Such examples on why isn't bannable is because it's open source and you can still make derivates from it.

Once the government bans bitcoin, most people cares about it. Those who do not care about the bans are those who do not afraid to be punished or getting sanction from the government. It is true that there is always a way to access it although it is banned, I my self wont care about it too much but I'll be more careful.

Chinese government can't stop bitcoin to be honest, there's a lot of OTC buying and I'm sure that trading underground will also occurs once they really put the ban hammer.

So it's really up to where we decided to live, if you are somewhat in a government wherein they have a hard stance, chances are, you might want to migrate to other nations wherein crypto is regulated.

I mean, they technically can't stop us from using it, which is good, but I'd be lying if I said that I'm fine with countries banning bitcoin. From the fact alone that exchanges will be banned by the governments, it would be very tedious to try to get in and out of bitcoin. We would need to do it with black hoodies and do it on dark alleyways to be able to transact locally.

Bitcoin will not be banned but will be traced.

Privacy coins on the other hand surely will get banned, sooner or later because the privacy modes can POTENTIALLY be used by some sort of wrongdoers. No matter if you want to make someone a surprise gift, want to buy some kinky fetish lingerie or you could have a chance to buy something illegal or pay for illegal services unnoticed.

I think people are afraid of the negative impact that such decision will cause in their country.

The perception that the general public has over Bitcoin will change dramatically if a govt decides to ban bitcoin, they'll see bitcoin as something illegal, anyone associated with it will be seen as a "criminal" (the masses can sometimes overreact), if you get caught using it (buy/sell stuff with btc, converting to fiat, etc), you're gonna face serious consequences like fines or something more severe (obviously, depending on how strict the ban is).

Adoption in that country will most likely stop, no one will accept btc as a alternative payment method (not legally), you won't be able to trade it as exchanges will probably shut down, you're left with something that can act as a store of value, which is great, but you won't be able to use it freely, anyone who wants to get involved with btc in a country where is banned will have to do it secretly, in the underworld, not that cool tbh.

It has own block chain. Bitcoin and fiat currency is not same things. They are different from each other and government can't handle it. Government can announce some notice but can't control it. Bitcoin is a decentralized crypto currency. Banning bitcoin from user is really not possible.

Is the Chinese government banning bitcoin or regulating the virtual agent's, because the last I hard from China is the stopping of bitcoin mining farm's, the point here is very clear even in China today the citizens are still using bitcoin freely so I still agree with the author of the article no government can ban bitcoin, before bitcoin can be unaccessible to the public is when the whole internet is shutdown which is impossible. This is why bitcoin is some time call the internet money.

Banning means officially forbidding to use it. They surely can do that, in my opinion. What they cannot do is, as was mentioned by some other members as well, prevent people from actually using it. In my country one social network is banned, but some people still use it. Russia not only banned but even tried to block telegram, but it wasn't effective.
Bans are still important, though, because not everyone is okay with facing penalties or even simply breaking the laws. If bitcoin were banned under death penalty, would you still use it? And what if the penalty was a big fine? The stricter the penalty, the less people will use it. For the community to thrive, we need it to be legal.

They can't enforce a ban effectively, but they can certainly hamper adoption. If a government officially prohibited its usage/ownership, I'm sure that driving it underground into the black market would hamper usage and adoption there. They could never really stop people -- we have encryption and there are simply too many of us. But you might be surprised how many people would fall in line if the government said so. I also think running mining operations at any real scale would be problematic under prohibition in that situation.

It is nice to know that one can use his Bitcoin with out hindrance. The Government of a country that is against Bitcoin can not stop its usage. Bitcoin will surely rule the world

Actually, Bitcoin is being traced, that is why centralized exchange wanting KYC, and that is the reason ant blockchain analysis companies exist. Bitcoin natures are a pseudonym. Right now, we need to put some extra effort to gain full privacy and anonymous using currency. At least, until the technologies somehow 'significantly improved'.

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In other hands, I'd agree with @mjglqw and @squatter, Thanks to decentralized and open sources nature of Bitcoin, the network and the system can't be manipulated with any centralized entities, but it comes to other problems, we are as a community would definitely lag behind if the adoption process is being slowed down and prohibited by government.

If I'm not wrong then another point is missing "You can't shut down internet"

Nothing can stop Bitcoin IMO.
We already know some countries have banned Bitcoin but the usage of Bitcoin never got stopped from those countries?
Peoples of those countries are still using Bitcoin under the nose of governments with a high risk of getting arrested. However, those peoples pay higher fees in cashing out Bitcoin.

Srsly, with that kind of logic one could argue that you can't ban anything, and you can even trivially conclude that since crimes are illegal, yet people still commit them, then laws are useless. But the point of any ban is to deter usage, so bans should be judged by how effectively they deter when compared to no ban. An economic system like Bitcoin's, which relies on free markets would be seriously crippled if people wouldn't be able to easily exchange their coins and discover the price. A share of criminal usage will rise from today's 1% because law-abiding citizens wouldn't want to risk doing anything with BTC.

Well, technically speaking, they could start to target the IPs of network nodes and have those as blanket-banned, however, it would be a difficult process and trying to shut down a series of changing IPs simply wouldn't be sustainable for the government to do, even if there were multiple governments involved. Not to mention that it would be a good eye-opener for a lot of people when they see that governments try so hard to shut it down. There are some weak points within the network at large, however, because it is open-source there's nothing that can really be done aside from large attempts to censor it, as I mentioned.

China hasn't found a good way to ban Bitcoin yet, assuming they're trying to, and they're trying for the thousand-cuts approach based on the (maybe FUD) news I hear coming out of the country. If China can't ban it, I don't think many countries will even try to.

I think we are talking about two different things here.
Bitcoin can't be banned as a technology because you can't prevent people for using it, it's available for everyone. But the other thing is that governments could put the use of Bitcoin out of the law so that it becomes illegal. So, basicly you could always use Bitcoin because all technologies, sofwares and devices are available to you but you will be doing it on illegal way if some governments adopts the law against Bitcoin.
To my opinion there is no fear of banning Bitcoin because most governments, at least in developed countries, are aware that Bitcoin and cryptocurrencies can't be marginalized anymore.

Please provide a source to your claims regarding Chinese Government banning Bitcoin. Speculations with no evidence are just false accusations which are not needed in the crypto ecosystem.  I have seen this speculation but no one has provided any evidence to back this claim.
There is not way the government can stop people from using Bitcoin even if they ban it usage in the country.  You can be in any country and still trade your Bitcoin for fiat money easily.

Bitcoin can not banned because its decentralized and there is no CEO. Bitcoin depend on internet network and if government want to ban bitcoin, government should ban internet or shutdown internet connection to their country. There is not law or regulation can reach bitcoin because the decentralized system and miners hold the transaction data. Data spread all around the world

The question is did Chinese already banned bitcoin?and who told you that they are banning this cryptocurrency?where did you get rhat stupid idea?know what?next fime before putting some issues betther you have proof so you won’t look like stupid
Chinese Government is banning ICO since it’s more than scamming but bitcoin?nope and they can’t do that trust me mjust like what OP said above the impossible is what bitcoin has

bitcoin can not be banned because it is decentralized, I believe that countries know they can not prohibit it (no matter how many laws of censorship laws they approve), what they seek is to make it difficult for people to interact with bitcoin (not being able to buy or sell easily) and thus reduce its importance in the country

The argument is right and they can't really ban bitcoin but I think what they're trying to do is stopping people to use it. Since they can't control bitcoin, they're controlling the users of bitcoin in their country. If you are just a normal citizen it's hard to go against the government and they have no choice. Unless you want to be a deviant just to make a transaction

Banning bitcoin will only slow down the development of bitcoin and will not eliminate bitcoin. as long as we have internet access, we will still be able to make transactions with bitcoin. overall that bitcoin was created as a free transaction and can be used by everyone in the world. banning will only reduce prices, because demand will continue.

Are you serious? lol. Amazon, eBay, Alibaba, target.com, walmart.com, and pretty much 98% of all websites?

People continue to use it from the countries where ban is imposed over bitcoin. One who has used to it will never stop using it at any price. With this even if the entire countries around the world bans bitcoin, the usage will continue as the present. Being decentralized help people use it in a much safer way than other sources.

because although nobody can stop you from using bitcoin but as a "law abiding citizen" you don't want to break the law even if it is unreasonable :)
so for example if a country bans bitcoin and decides there should be imprisonment for anybody using it, no merchant is going to accept it, because why would they? so there is no usage. you would also think twice before wanting to own any bitcoin.

besides it is not black and white to ban or accept with open arms. in 90% of the cases it is about restrictions, high taxes, unreasonable regulations,... that can be preventive for the adoption.

It cant be banned,  first of all they must wipeout all the miners in the whole world. Miners is the source of Bitcoin's life.  Another nobody knows if you own a mining rig. Long live Bitcoin!  I tell you crypto is the future of money.

Like what you mentioned, I think the banning is impossible. Countries banned it, people can use p2p transaction to buy/sell and that's so hard to control by government. Perhaps, the government must shut down the the power grid. :)

Bitcoin is related with lots of people and lots of software and lots of web development.At present Bitcoin some country is thinking to compare with banking system.Hear big big investor is related with Bitcoin trading.I think if lots of country think to banned it.its possible or not Because some county now running online marketing by using Bitcoin so its not possible to banned individual any govt or individual any county.

And well aware of its potential value in the future,. perhaps only those countries that is under military dictatorship can be against it or at least don't want technology innovation.

Thus, this ban will be a long process for every country and sure the voice of the people will be above of government before it will be implemented. For now I even don't see any threat for the government to ban bitcoin especially in my country and besides there more big issues needed to be focus than bitcoin.

The story of the threat of decentralization of Bitcoin by the Chinese mining factories is certainly the place. But I think that the main holders of Bitcoin understand and know about this threat. Therefore, the necessary measures will be taken in the future.

If they were able to stop bitcoin, they already did earlier, now that the adoption is increasing and people understands it more, they cannot stop
us for using bitcoin. Remember that china ban bitcoin but it does not affect the crypto market, maybe a slight effect on the announcement but market recovers, this is universal and we own this so the government can never stop it as long as the support is present.

that is what being decentralized and censorship resistant means.
we keep hearing these terms or even use them ourselves sometimes but some people don't know the real meaning of them. and this here is exactly what these two mean, they are the reason why bitcoin can never be banned, killed,... because it doesn't have a centralized point of failure. to kill it you will have to kill thousands of individuals all around the world who are running a node and/or mining bitcoin blocks.
and that is why we always fight to keep it decentralized and kick anybody who wants to pull us towards centralization in the mouth!

I am agree with you. Bitcoin network depend on internet. If government want to ban bitcoin, government should shutdown the internet and i think its impossible for government. There is no data center for bitcoin because transaction data spread all miners computers and i think there is no way for government to shutdown bitcoin

The news that the ban BTC is only briefly won't last long, users can access BTC like the points you wrote. As humans we have the right to determine freedom for ourselves, BTC does't make users lose even we are fortunate to know BTC as a payment without tax.

Of course, we already know that technically speaking no country can ban Bitcoin, but they can regulate measures where the use, distribution and conversion of Bitcoin to cash can be so hard that people are discourage of joining the Bitcoin bandwagon. And we know that these countries have dictatorial governments where those in power are exercising higher degree of control on the lives of the people as compared to what many people take for granted in the West. I for one will not be risking my safety and that of my family just for the sake of having a Bitcoin -- that is not worth it all. However, we should really note that Bitcoin can do well even without those countries not friendly with it. We have seen it after China banned Bitcoin...it is still here alive, kicking and is about to be making many pumps towards the end of 2019.

I believe that the concept of "banning" people are afraid of is if their government would declare a law or something that prohibits banks, within their country, from exchanging Bitcoin  or any cryptocurrency to fiat. Yes people can still use Bitcoin and can transact via blockchain. But if these people cannot exchange their Bitcoin to cash, that would be troublesome. Bitcoin is still intangible and people does not have much trust in something like that so people would still lean on fiat.

Do you really believe that if any government would want to ban Bitcoin or crypto (like China), they couldn't do it?
Of course they can  ;D
Even in the remote case that it would be technically impossible (and this is remote), banning the use of BTC makes it marginal and downsizes the user base to a few "darknet" participants...
People advertising Bitcoin will say what they need to keep the marketing going, but the truth is that the institutions will have to be on board for massification, otherwise remember that governments hold the power plug, the internet plug, etc

This applies to all countries (more or less). Many countries could radically decide to forbid Bitcoin as the easiest solution for them. (When we see how they struggle to create adapted laws, for those who think that crypto needs laws).


A government cannot prohibit citizens from using Bitcoin, that is precisely the point of the article.
In fact, it can, if it is considered that it can verify directly at the source. Either by having access to bank data. (What is already in place by some governments for tax evasion and money laundering). I could also give the case of some French banks that blocked all transfers to Kraken. At the time, transfers were blocked until the account holder signed a release.

In short, what I meant is that as long as the citizen mixes cryptos with banks, yes, it can be easy to control its citizens.
But in this case, there is no point in running after a currency that is free of any government if in the end it still has its ticket to enter and control.

Can it stop a citizen from having a wallet at home? Can it prevent it from using a decentralized exchange? OTC? If he ever spends Bitcoin in a store can it intercept his merchandise? In the end, it's a lot of effort spent on nothing


If this happens in my country, I will continue to use it. But I'll think twice about whether justice can send me to jail. I don't want to go to jail just for a currency. I don't have time and I have responsibilities and a family too.


For a long time, I have been convinced that privacy coins will have a much more important place in the market. Demand will explode sooner or later, believe me. Horizen is one of those privacy-centric cryptocurrencies that militate for people's privacy.
Now, if privacy coins are banned, the question is always the same. How can a government really prevent a citizen?


Sometimes I wonder if Bitcoin could be a threat to the actual economy, by rebalancing the wealth and some other things but too long to explain what I think about.


It could also come from countries that are not necessarily dictatorships or similar. A country that thinks in this way (rightly or wrongly) that it can fight against anything that is laundering money and others. A country that does not want to get bored with tax issues...

Basically, many central bank did not consider cryptocurrency as currency so the government cant make a law regarding the cryptocurrency whether against to it or not. Even China cant banned it hundred percent because there were lots of ways to do a transactions and the flow can still be done.

If we are talking Bitcoin as a form of money,  yes, government can and they will if its detrimental to its fiat system. You will be using bitcoin illegally if its banned, but who cares, there's always a way to use it inside a bitcoin-banned country. If so, you should be doing it with caution. Otherwise, nope.

Total banned can still happen if the government will push it through but of course they will not do that for a good specific reason, they see a great potential despite of their black propaganda. Bitcoin can't be banned because its our future and if the government will stop it, they will die slowly for sure. Bitcoin will stay  and government will love this one in the future.

Yes, they are controlling their people to prevent them from achieving their freedom. Bitcoin can't be banned but the government can ban any cryptosite that can totally prevent its people from transacting. Government consider this as a blackmarket, we must still be careful and don't be too confident. Bitcoin is good but we still need to follow our government rules and regulations though its against our belief let's just fight for this freedom legally and on process.

Yes, the government's ban are not affect for bitcoin usage.
But if there is something bad about bitcoin let say that you get scam etc, you can't find Law protection.
They decide to ban crypto in order to protect their civilian from harm ( from their perspective )

I think I've seen this topic before but anyway. It's would be tough for bitcoin to be controlled by anyone or to be banned rather. Yes, government could make prohibition upon its vicinity but they cannot fully control his people, they will use more anonymous way just to do transaction. In short, even if government ban this cryptocurrency folks will always find a way especially nowadays we became more efficient in technology hence it cannot be stopped.

the reality, we don't worry, BTC will be difficult to stop. BTC volatility moves quickly every time. more users, it will be more difficult to be affected by the monetary crisis.

BTC will save from inflation and BTC will improve the world economy.

You are right. There is no way controlling the people to stop bitcoin transactions. There may be a massive banning on bitcoin but still people will surely find ways to access bitcoin. I think bitcoin will only be stopped when there is an internet shutdown all over the world but this thing is very impossible knowing the fact that all works are controlled already by internet.

People advertising bitcoin?  I see ads offering crypto services and altcoin projects but I don't see any actual bitcoin ads.  Why would someone pump the bags of others when they don't have a large stake in btc because they weren't there at the start.

My government can't stop Internet and can't control my activity on Internet.
So, simple speaking, I have full freedom to do what I want or like on Internet including trading or buying bitcoin.
Of course, if my government don't accept crypto I can't legally report it but have first to exchange crypto to fiat and find some smart answer from where money came :)
or just hold bitcoin in my wallet if I don't need cash.  

It's impossible to ban and shutdown the bitcoin network. Even in some countries that was critical of the bitcoin in the past, the bitcoinist in those countries found a way around their activities. Bitcoin is a technology that is giving the government and the big banks a run for their old traditional way of financially enslaving the people they are suppose to be serving, hence the many theory of confusion to discourage its weak users, but they make it even more popular.

I totally agree with you mate. There is no such thing as banned when we talk about a decentralized asset even though governments has already implemented regulations on our local exchanges but still having good performance. I don't think if Bitcoin will be banned because of it's feature. Bitcoin can be used in either trading or holding it can even be used as payment method so why do they ban it? We can use Bitcoin depending on our  transactions.

As bitcoin is based upon blockchain and peer to peer network it is highly unlikely if even the ban occurs the bitcoin would still be utilized.

Reading this made my day. I mean I know that this is not possible and the people posting about this are really scared of it. I even remember someone posting about it that if their country banned Bitcoin, they will be getting out of that country and live somewhere else where Bitcoin is already regulated and accepted, it might a sarcasm but it is really funny remembering that after reading this post.

I think bitcoin cannot be banned now because of its fame and popularity, and it is widely introduced around the world and its a way of investments now, if bitcoin would collapse, many investors and traders who get bankruptcy and lose very much money out of bitcoin investment.

I think you misunderstood it China doesn't ban Bitcoin they ban ICO's and mining but not Bitcoin.
And it is true Bitcoin is impossible to be ban or stop even if they ban it we would surely find a way to keep on using it.

Governments can banned the used of bitcoin if they wanna too but they cannot prevent peoples to used bitcoin as it was impossible to do so. The governments can make a new regulation if they want too but still they cannot stop peoples to used bitcoin even they wanna too.

Ban people from using Bitcoin?  This is ridiculous because it is impossible.  Now they have invented a large number of services that will help in the purchase of Bitcoin by exchanging it or even changing the IP address.

they say united we stand, divided we fall...using this same ideology we are widely spread making it difficult to curtail it under their control.

And Bitcoin can't be banned simply because our governments can't bring it under their control despite having the tools that make btc possible, the internet.

The only way you can ban bitcoin is to completely shutdown the internet. Aside this nothing can be done to ban bitcoin. No matter how much noise countries are making about banning bitcoin. Non of them have been able to make it completely. Nobody can stop us from using the coin

People always can find ways to use illegal or banned things, so why do you care can it be banned or not. Bitcoin can't be completely banned, it is just unreal. Some governments can keep fighting with Bitcoin, but eventually, they will lose

Do not worry mate nothing can stop the power of new technology, the important here is people continue to supoort for crypto as well because majority is still believe the capability of this new era if currency.



But buddy no country can do that shoutdown the system network have big big effect to the busines of entire country. So meaning nothing stop.or ban bitcoin until.the internet connection continue run.

Definitely, you're correct, it is really impossible to ban Bitcoin from any countries but I saw some news that the Indian government already banned Bitcoin and their reason is really pathetic, they see Bitcoin as a Ponzi scheme or a scam. :-\ Anyways in what country you came from and what's the reason they will ban Bitcoin on your country? ???

You have a point about that but these days there are some privacy cryptocurrencies that offers total anonymity and transactions are untraceable so nobody may see it and trace the user, I don't know how will they do that but just like what you said those illegal doers might use it because of the total privacy that they are offering. :)

Bitcoin's one of the currencies which is notoriously unique until now there's nothing that can stop it even though by the government and this thing is also one of the factors that can make bitcoin survive and can still be used by the wider community until now. Overall, I very agree and amazed at your quote.

Government regulation cannot stop it, because bitcoin is a technology as well as innovation whose positive impact can be directly enjoyed by the wider community. However, what we were worried about was only one, namely the freezing of our money by them.

Bitcoin have million member in the world and always have way how to make bitcoin have value although many country was banned bitcoin, its why bitcoin never could be die and banned, we can use other way how to withdraw bitcoin although banned in some country.

I think that bitcoin members are more than you can imagine and the demand for bitcoin from various countries is very large and very much, in the future I am sure there will be many people who prefer to use bitcoin as the best transaction solution.

I mean they could shut down the power grid buddy, even mother nature or the sun or polar pole switch could do that without purposely trying to do it.... But people purposely trying to do it could.

https://en.wikipedia.org/wiki/List_of_major_power_outages#Largest (no one is purposely trying to shut it down at the moment and there has been many already even Venezuela is still a lot offline)

In the first place, government is under the centralized based system or regulated concepts while Bitcoin was decentralized or unregulated business. On this way I guess you know the answer were Bitcoin can't be ban by any form of the government in my opinion.

Bitcoin cannot complain that I think Bitcoin and Blockchain technology is also a new step in the scientific and technological revolution. It brings many new things about how to trade applications and make money. Bitcoin only may be banned by government politics and government and it is coercive. But people's consciousness and subconsciousness about Bitcoin is not banned by the government.

In my opinion, as long as they using it just like the other crypto currency it will remain stands and on the other hand it will be upgraded in the future even this #1 coin or token they called about "BITCOIN". But to say now there are many people are tired for using the other tokens just like they called "wasted coin" or wasted project.

because the system that bitcoin control is digitalized, so to ban bitcoin will be very difficult. even though some countries say he tires bitcoin, it doesn't mean they ban it completely you can still have bitcoin and other cryptocurrency

They can't ban bitcoin but they can cause legal troubles and you will be suffering from it. They can impose regulations that might cause problems when transacting using bitcoin. They can put you in trouble by suing you for money laundering or suspicious activities. The Government can't ban bitcoin but they can easily ban the usage of bitcoin or any other crypto currencies.

Bitcoin is the most used coin the crypto world, the most popular in short, if people will stop using bitcoin then probably the whole crypto world will fail, unless there's a new coin that will replace on its position, in that case, that would be good because the market will still be alive.

The appearance of bitcoin had indeed created a negative stigma, Bitcoin was allegedly able to be used for a variety of illegal transactions. In fact, until now the interest in investing in this currency continues to experience a significant increase. Although full of controversy, the trend of Bitcoin will be difficult to resist, the use of virtual currency is increasingly massive. Some countries experiencing financial crisis conditions also use this currency to maintain the country's financial stability. hence from that there is a possibility that bitcoin cannot be blocked.

that was before but now bitcoin is slowly regaining a positive reputation because people sees its true purpose but we cant deny the fact that bitcoin can still be used on dark and shady transactions  depending on the user that uses it  .


if people will stop using bitcoin , that is only an indication that they are using another crypto that is much better than bitcoin  . this means the crypto market will still be alive  .

Although there are many countries that state that they ban bitcoin but no one can prevent anyone to use bitcoin so I agree with that statement. We should not be afraid. Even if we use bitcoin to buy goods at online shop then no other people will know that we use bitcoin, it is our right to use bitcoin. Most of buy and sell activity aren't supervised by governments so we don't need to worry.

Ever wonder why cryptocurrency is still decentralized and its users are all anonymous? Its is because of this particular reasons. What does count is that government can make rules about it and can ban all cryptocurrency transactions in the country but not the system itself because they dont have any power regarding that.

People will always find ways illegal or in legal ways,its just like illegal things/transactions on each of our country now.Even if government force to stop bitcoin usage there will still be persons who will accept/buy/sell/trade bitcoin but in illegal ways and people cant be stop by just a prison sentence

I am from China. Although it is banned in China, we can still trade cryptocurrencies through Otc or other channels. Unless the Internet does not exist and I want the Internet to not exist, it is necessary to power off the world. Is this possible?

If they banned it is there a chance for them to tract each of the users who uses cryptocurrency, this is one of the reasons why they can't ban it.

Seriously, what particular they banned? Because i don't believe it would happen in your country the huge population who mines and use cryptocurrency is in your country. It wouldn't be easy and they can't stop people from using. Another is to shut down to internet is almost impossible as all countries use it in advance technology, what would happen to China if they do it.

      Bitcoin can not be banned because it is part of a decentralized system. This decentralized system allows Bitcoin to be an unregulated platform that can not be banned or controlled. So it's just your choice if you want to invest in Bitcoin, and no one can stop you and can not destroy the currency on the market.
However, the government may decide whether or not cryptocurrency may be used as a means of payment in that country. But that does not prevent us from investing in our favorite crypto coins.

I think you missed out a point .
That is * audience*

The Bitcoin's audience is well above anything that can be banned , all the people can easily work together peer to peer and at the same time they can also work together against the decision , have rallies and stuff because major countries are democratic, it's something that is with us , we can make people hear us !

They cannot control anything literally , it's very easy to use wallets , run node on your mobile or do offline transactions * yups even that is possible now *

I agree with you. If desired, you can use bitcoin freely even where it is prohibited. The government of your country will never know that you use it if you act carefully.

Yes you have a good source of information but what others are afraid of is when their government will banned bitcoin. The main problem that they are facing once bitcoin will be banned to their countries are they have no ways on how to cash out their bitcoin easily, they need to be careful in using bitcoin as in worst cases they will be jail or get any punishment and etc.

But if bitcoin will surely last even almost all the countries will banned it then it is a very good source of information that can really help bitcoin to have a better future.

Unless the entire power grid of the world would shut down after a huge EMP hit would destroy all electronics in the world...
P.s I think I watch too much sci-fi movies :'D

That would affect the entire world economy. In other words, to get rid of Bitcoin entirely, you have to get rid of everything else that accounts for a much greater value than Bitcoin is. That's a very bad deal. :D

On the other hand, if we all generate our own electricity we can still use Bitcoin through satellites. I'm not sure how safe that would be, but at least there is still an option to transact with the outside world. Power to the people.

That's actually a good thing. Sci-fi movies in some cases are an indication of what we can expect in the future. It's also a reflection of the free mind, something our governments try to talk out of our head by indoctrinating the younger generation.

That's why we love bitcoin. The only weakness is see as regard restrictions on bitcoin is through centralized exchanges,at some points, some persons may want to convert to fiats.With wider adoption globally there will be less need to do this,why would someone want to convert to fiats if your merchant can accept bitcoin as payment for good or services

Thanks for the objective outlook with regard as to if or not bitcoin will be banned, Government regulations and alternative factors can certainly increase as bitcoin  becomes more widespread, cryptocurrencies are presently in a very well legal status within the US. Countries like Japan have embraced crypto greatly - it's going to be interesting to see the market effects of countries increasing regulation, however as of currently I do believe the notion that it cannot be stopped.

Government vary across the globe but a unanimous  warmth embrace to bitcoin will fertilize the growth of btc. If you understand this then you will agree with me that the otherwise is calamitous. Don't underestimate the power of government because they can actually do and undo. You can't tell me that if Chinese government continue in their current direction it won't affect btc. What if many other countries follow suit? Government can drastically reduce btc to a low level but I don't anticipate such anyway.

We will surely reach that time if the massive adoption will take place.
Bitcoin now is still in the early phase, and although it gained popularity but of the total potential users, we are just holding 5% of it or lower.
I just can't confirm the figure, it's just my opinion and therefore we still have more room to grow, slowly we will be at our expectation.

One day, there would be a catastrophe too devastating to recover from.
Some people would pick up the pieces but most would lose interest.
Instead, Bitcoin has rebounded from every setback stronger than before.

There are many ways to stay anynomous for us to use bitcoin, although we got an information that the our government decided to ban bitcoin and every act related to bitcoin must be punished. But we never saw or heard any information like that, the users of bitcoin can avoid everything about government decision. Sometimes ago my government decided to ban bitcoin but I never felt a worried to use it even I can make a transaction that used bitcoin as payment system but they have no idea to track it.

Yes, You are right. Bitcoin cannot be banned because it is open source and does not have any regulations such as banks control them or any interference of government it is obvious they can only restrict you for using this cryptocurrency in their country but they cannot ban the thing. But as we know Bitcoin face catastrophic events search as exchanges can get hacked or somebody can get scammed. This type of scenarios mainly happens ecology with newbies.

This is some reason why mostly all bitcoiners don't want to be regulated and runs just like it was since from the start.
Once it regulated by the government, will surely their is a big changes and might be leading into prices may controlled as well.

Banning is not a big concerned for everyone  cause they don't believe that government will push on it but they are worries of low prices once controlled and possible no bull run happens.

It depends on what the ban actually is. It won't necessarily harm Bitcoin itself, but will certainly harm the rate of adoption, and the flow of money that exchanges still need bank accounts for. The higher the price is, the more secure the Bitcoin network is. It has never been a major problem, but still something to consider taking serious.

Most regulated exchanges are compliant enough to not trigger any unwanted attention from the governments, so there is no need to worry about that. I would even like to say that governments prefer these exchanges to exist and control a large portion of this space, because that means more tax income, less manipulation, and less people wiring money to a foreign exchange.

What is certain is in my opinion the reason why bitcoin cannot be banned because bitcoin is decentralized means that the system is spread everywhere and not centralized, it will be very impossible if the bitcoin is banned. Despite the many pros and cons of various parties, bitcoin will still exist even though there is always a correction in price movements, but that's what makes bitcoin attractive.

I don't think its possible to ban Bitcoin it can be regulated but completely banned? I don't think so and even if its regulated it will be for limited users not everyone around the globe and there are already countries who have regulated cryptocurrency or planning to do so in the future.

the idea of banning comes from restrictions set by certain nations or international agencies and monetary institutions that feel threatened and also has a grip on what ever technological innovation but in this case, there is no office and no particular server and location to ban and therefore things are over the institutions and that makes bitcoin not withing the range of things to ban

Bitcoin cannot be completely banned because it is decentralized hence there is no central authoritative body in control over it. It's transactions are controlled by the users without any third party involvement. Also, the big actors within the governments secretly own some Bitcoin and will never bring down such innovative technology of our time.

Agree,no one can stop the growth of bitcoin.. It is decentralized so no one can find all transactions happening on blockchain.. It will be hard for them to stop people using bitcoin....

I think you are right, because no matter how hard people or the government forbids bitcoin, then bitcoin will continue to survive, even if any bitcoin hunters will do it to get it. And also if bitcoin is lost, it will greatly affect the world economy.

i agree bitcoin is unstoppable and goverment will learn it someday after doing whatever they can do to stop bitcoin
in my opinion after learning that there no way for them to stop bitcoin rather than going against it they will just adopt it

Some governments banned bitcoin in their areas making it hard for people to buy or sell bitcoin openly so they resort to underground exchanges for their transactions. Instead of banning bitcoin, China has tried to ban cryptocurrency exchanges and ICO, but the top coin proved to be permission-less and uncontrollable because according to a report, OTC and P2P trade was already exploded at that time. This proved also that a direct ban for bitcoin is impossible to be enforce by any government unless the internet is shut off completely.

And most of all, you cannot ban, much less kill, an idea. Decentralization will be moving in its own ways the governments cannot anticipate and stop. Truth be told, Bitcoin may die but the idea and the vision that Satoshi started will never. Sooner or later, in one way or another, there will always something that will come out carrying the same idea and vision. And sooner or later, fiat will die.

It seems to me that every state has a lot of control levers and pressure to prohibit what is unprofitable for them.  Thus, Bitcoin will also be under threat if the cryptocurrency is not fully legalized.  But I hope that the government of the most advanced countries is smart people and will use the opportunities of cryptocurrency for the benefit of their states and peoples.

For me, yes bitcoin can’t be banned even theirs countries already ban bitcoin, it's just like prohibiting their people from using bitcoin because in another side this ppl can still use bitcoin but illegally in their country. People can always disobey the laws whenever they want it, but if you caught, the consequence is also priceable. They truly can’t stop that list.  :)
 

Bitcoin is in a much better place right now. It’s no secret that the whole world could possibly benefit from bitcoin being 100% legal everywhere. It could bring us one step closer to mass adoption and one step closer to fulfilling Satoshi Nakamoto’s dream of having an electronic and cashless peer-to-peer money system.
Anything confusing get in touch into....
https://covex.io/

https://bitcointalk.org/index.php?topic=5137062.0

There are many country's where Bitcoin is banned. Crime is there while talking about Bitcoin. Admit or not Bitcoin is the only medium of future transaction. No matter how much law the government uses. Any how people will using Bitcoin.

They can't even ban illegal drugs never mind anything else. People will use it no matter what law is made about it. So you may as well just allow it since it is impossible to fight.


Did you even read the article you just quoted? That is a gang who stole crypto. Bitcoin is not banned anywhere.

You're right. No matter how hard the government tries, they will not be able to ban bitcoin. It cannot be regulated. However, everyone is afraid of the ban because countries can regulate fiat money and respond to all suspicious frauds with them. But this, too, can be circumvented if you withdraw money carefully and do not attract attention.

China tried it and we can see how that played out. You can make it hard but If people really want they will find a way to use bitcoin.

Bitcoin is using open source system through internet connection so nobody can stop using biycoin bitcoin as long as bitcoin can exist in many country's. Using of bitcoin is anonymity, in my own opinion they can use bitcoin even the location where people resides but they want to continue use bitcoin h/she can do this because internet and the new technology can't stop to progress use by worlwide and bitcoin is include the new system using internet connection. Holder of bitcoin can use it to goods in other countries through online shopping.

One of the unique features of bitcoin that makes it an excellent medium of payment is the fact that it is censorship-resistant, no "gate-keepers' to approved or disallow certain transactions as they deem fit. No one can ideally stop you from sending your bitcoin. The challenge however only arise when you intend to convert your bitcoin to government issued fiats- making use of the gate-keepers.

As long as there is internet connection,bitcoin will still be here. Even if one country decided to banned bitcoin, it does not affect other's transactions because we can directly transact bitcoin transactions to buy online goods regardless of your location as long as there is internet connection there.

The best reason is that if they forbid it, people will look for it more, so much that it will start to be a lot of persecution, because everything that is forbidden people seek what is prohibited by natural law will always be what they prefer.If we take into account all current events, there are many ways to evade the prohibitions, and to have up to VPNs to access it.

I agree on that even if your country ban access to some exchange you can always find someone to do peer to peer transactions or if you have a huge amount you can just travel and find a place where it is open to trade, no government can bring down Bitcoin and cryptocurrency it's just impossible to do.

Countries can take action against Bitcoin using the law, however, the key factor is the increase in demand and the pressure exerted by people and the ecosystem itself, the large companies at the beginning flatly rejected the cryptocurrencies, now they are joining, because they can not stop this avalanche and they know that cryptocurrencies are the money of the future.

What this author is trying to say is that bitcoin cannot be banned globally and i completely agree with the author, yes local laws can put embaggle on the activities of bitcoin but for bitcoin to be completely eradicated is a complete myth.,

Yeah your right.even its banned in one country you can still use bitcoin without knowing by the government or by anyone.its up to you if you want to know of other people you use bitcoin.it is your privacy to hide  that you use bitcoin.also no body will know your bitcoin address unless you tell or broadcast it.it is really privately using bitcoin so yeah your right why afraid of banned bitcoin in your country.you can still use bitcoin if its you want anytime.I also think government who banned bitcoin is useless as lomg as someone wants to use bitcoin.just an idea of mine.

That's a terrible argument: people will use it no matter what, it's impossible to fight so you may as well just allow it. Imagine if the whole world thought the same way about certain crimes like torture or rape or murder which is illegal everywhere.

I use Bitcoin, many people do, but many people also don't and Bitcoin may one day become not as useful as something else, some other tech more superior. Who knows. But let's not be take away every logic just because of Bitcoin!

Agree on you. I like your logical perspective. Indeed the more forbidden the more popular it gets except for the fact that indigens of such regions will have to tread with caution because whoever is caught will face the wrath of the law. Meanwhile behind closed doors you can expect that the same law makers may be eating the same forbidden fruit

Bitcoin was illegal. It stayed underground earlier. And yet it slowly surfaced because it was really attractive that people cannot help but join the advocacy. And what have they done? Restrictions, regulations, and so on. Have they stopped Bitcoin? Nope. The point should not be stopping it. The point should be learning from it and determining which features of it that they might adopt.

Bitcoin is a global currency and it exists on the internet so government won't be able to control it. It can't be banned easily just because it can destroy banks, it's because it has a lot of potential to our future technology.

It may be impossible to physically ban Bitcoin. But at the same time, the government authorities are capable of preventing the usage of Bitcoins, by arresting its users. This tactic has been used by third world nations such as Bangladesh, to scare away people from transacting with BTC. And the Indian government, as per reliable reports is also moving towards that direction.

Bangladesh is one of only 6 countries in the world that are considered “hostile” to bitcoin.
https://www.thedailystar.net/law-our-rights/law-analysis/bitcoin-legality-in-bangladesh-bank-1602583
Bangladesh Bank officials have again issued a warning pertaining to cryptocurrencies, this time seeking to deter the country’s banks from providing services to bitcoin users.
https://news.bitcoin.com/bangladesh-authorities-hunt-bitcoin-traders/
Clear, Cryptocurrency Use Prohibited in Bangladesh.

Then if access in your country is limited to cryptocurrency sites such as exchanges and cryptonews? indeed it is true that bitcoin transactions and other cryptocurrency are difficult to stop. in my opinion the problem is that the regulations that are usually used by countries which ban bitcoin are only aimed at users, I mean those who obey conduct transactions in that country will be punished, according to regulations made.

Get Tails OS, boot it from usb/dvd whatever in random pc. Install Electrum, ensure its properly connected via TOR. Transact away, shutoff computer = all traces are gone.

Yes, seriously. All you need is some spv wallet that can use tor, and never reuse an address, and you are done.

You can do the same on android with android's tor, called orbot. Connect your Electrum wallet to orbot the same way you do in a pc.

Tor is freedom, thank the US Navy for wanting secure communications to their operatives behind enemy lines, and sharing it as free open source software.

You're illegal

It isn't a third party service render or a platform for all form of needs. Bitcoin is a decentralized platform that get used in multiple ways. This way it is completely an impossible task to ban bitcoin usage or restrict people from using it. Only the regulations could restrict the usage, but the network functions the same without any form of change all around.

It cannot be banned because the transaction is online and government do not know whether their people use it. It is not to be banned as long as it is not used any crimes that will hurt others. Bitcoin existence won't take over the world but just a currency that can be used with anonymity.

Countries that are banning Bitcoin, only do so as a means of buying time, by slowing down the economical impact that cryptocurrencies are having. This postpones the mass adoption of Bitcoin & gives the government time to react & decide what actions they can take, if any. But the technology of Bitcoin makes it almost impossible to enforce the ban, so eventually they will have to legalise it. In the end it is the people who make the laws, but not the government, the government tries to maintain stability & resist any sudden fluctuations in the way society functions.

"In December last year, Blockstream launched its fifth satellite streaming the Bitcoin blockchain from space. This venture solves to make the Bitcoin network more robust and less dependent on the internet." Didn't know that. Shows how Bitcoin develops.

"Sorry folks, try as you may, Bitcoin is becoming increasingly unbannable." Ha ha, nice ;D ;D ;D

https://cdn.shortpixel.ai/client/q_glossy,ret_img,w_600,h_448/https://bitcoinist.com/wp-content/uploads/2019/04/xgsklg6a33qz.jpg

Strongly agree with what you say, that the use of bitcoin is difficult to emphasize, indeed because of developments in technology that have been unavoidable.
even though it is possible in some developing countries it is still considered illegal, but development will not be able to stop at a time.

In some cases that banning is lifted for they know that it gives benefits to the people and making money from this. Bitcoin has a role in the community and people appreciated it the same thing that authorities realize it and there is no reason why we should have lock it down. 

I agree with you. Why is it impossible to ban bitcoin? Government can say that this currency isn't safe for them and they have to ban it, this proposal and everything is done. But there are a lot of things banned, there are a lot of things illegal, there are jails for them but did it prevent anything? No, it just reduced number of customers and made it even harder for governments to stop. So if they ban bitcoin, it still will be available anyway but with difficult and more time consuming ways.

For many people, bitcoin has become a symbol of freedom. States may try to ban bitcoin. But the state does not control bitcoin. And people will find ways to circumvent these prohibitions.

Bitcoin can actually be banned and those dealing in it prosecuted by law. Except you already own bitcoin and carry out all your transactions peer to peer but if you use an exchanged, government can flag your bank account when you receive or transfer funds.

I'm sorry but I'll disagree

If they consider illegal to transaction BTC or to buy/sell, you can send or receive some P2P transactions, but would you risk being arrested to buy/sell in your country?
The exchanges need to inform government about their business

As I said, you'll continue to use P2P but you'll never change for cash again

Bitcoin cannot be banned because there would be a lot of supporters that will oppose the banning. I like when people does not want bitcoin it just give us the means to fight what is right for bitcoin.

Of course, bitcoins cannot disappear, because nobody controls it.  But if we are talking about using Bitcoin, then each country has its own laws and rules.  But I think that the prohibition of Bitcoin in any case is not justified.

Well, despite existing for over a decade, bitcoin is still in its infancy stage. No one knows where it will go from here, not even the government, which is why governments are not sure how this currency should be regulated. 

Also, bitcoin works in a peer-to-peer fashion, and it is quite challenging to block, such as a system. Even if cryptocurrencies become illegal, there will still be people using it because of its peer-to-peer aspect.

Another reason I think why bitcoin can’t be banned is that it is now a part of the budding economic system. The community of startups, miners, exchanges, etc. is growing more and more every day. If bitcoin is made illegal, many legitimate applications of bitcoin will be destroyed. 

To ban Bitcoin, governments will have to ban all communications.
“Bitcoin is just a list of accounts and their balances, and when you send bitcoins to someone, you send a message in a language understandable to your computer that money was transferred from account A to account B.
In the same way, someone can meet someone in person or make a phone call saying: “Here. Write down these coordinates, I sent you bitcoin. ” For the effectiveness of the ban, it is necessary to ban all forms of communication and language, which is impossible. ”

You don't need a person to be in control to ban it. A ban can be imposed by the government and it doesn't matter if there is or is not a person to blame. You can even ban an act of doing something like drinking in public. If they decide to ban it they will and all you'll be able to do about it is protest or leave the country.

They can ban it but it doesn't mean they will. It's a good invention and many countries see it and welcome the profits people are generating.

At some part I realized that OP has a big point here. We can easily send bitcoin thru sms, we can also use VPNs not to detect and not to use current IP address. We can still patronize and use bitcoin in different ways. But still, the government has still great power. People is still under centralized system under government and the truth is people are afraid in punishments and imprisonment.

You should be afraid because even if you can still use Bitcoin you are still getting apprehended if your government caught you, So we should still give a fuck about it unless you are some sort of geeks who's all purchases are untraceable. Fighting for bitcoin to be legalize is still much better than keeping your ass out because you can still manage to use it in any other ways.

That is actually a good list and there might be some addition to that list. We can say that as long as there is Internet then Bitcoin can still exist. As long as there are Data usable then Bitcoin will still be usable for those who can access it. Some Countries might limit the use of it but Banning it sounds impossible. Having some regulations to avoid abusement might be helpful and teaching Cryptocurrency and Blockchain to those who have few knowledge about it might change their minds.

I don't know why China always ban bitcoin. This is not the only event that China banned bitcoin. I have seen many articles referring to the banning of bitcoin in China. I don't know their real intentions but I do think that it is just a warn for their citizen to keep out in this industry. Well, we could not blame them after all.

Baning digital currency is very hard, you know why? Cos its been done through the comfort of your house. Nobody knows what you're doing unless you tell someone about it. The whole world is going digital and it's accepted by all. Bitcoin is now the digital currency we all know and use to run our transaction without government or bank involvement

Also they facing the pressure from China Mainland.With the high power of China.They are securing their transaction.But if you use bitcoin there will be no record of that.As you said they are fear those digital currencies should for those things.

Maybe, because the government would listen to the people since the purpose of the government is to govern people.
They would not ban it, it's not a threat to them or to the people, bitcoin just needs to be regulated by them and I think they can find ways to do it.

I think that Bitcoin is popular because It has no tax issue for any gov. Also no one knows who controlled it. Many country did not approve it.

Agree that the prevention of bitcoin is clearly going to be difficult to do, right you say even though many countries forbid bitcoin, it is very certain that there will be obstacles that will occur. because as long as technology advances will make it more difficult for the ban. bitcoin will become more an investment alternative because of this convenience.

State may prohibit the use of bitcoin. But the state cannot ban bitcoin itself.  And it's impossible to stop development of the blockchain technology.
Therefore, bitcoin will exist for a very long time

A smart country is not the one who forbids bitcoin, a smart country tries to understand the blockchain, adapts and looks to the future, cryptos is the future, it's like the canabis, the smart governments regulate it and make money, because we can not forbid something that is inevitable.
I found these answers interesting for your question : https://www.quora.com/How-can-governments-ban-Bitcoin

I think what you are pertaining to "Banning" is that the country prohibits the use of Bitcoin but because of the technicalities, prohibiting it is not possible unless they shut down all the networks on that country which is really impossible. But what we want is something that we can freely use. To be able to do this, we need to continue supporting Cryptocurrency projects that will really put a mark on the history of mankind. Spreading awareness will also help Bitcoin and Blockchain Technology to be widely accepted.

The only way to target a decentralized asset is to use some of its own bugs against it. In case of Bitcoin, one of the methods to do so is to launch a 51% attack. In case the American government authorities want to destroy the cryptocurrency, then they can seize the mining farms, and then use that hash-power to launch a 51% attack and destroy the holdings of all the users. But they are unlikely to do something like this, as it takes a lot of effort and is not easily defendable in the court.

So a better option would be to outlaw Bitcoin, and then unleash terror tactics on the users. A few well known users will be arrested and put behind bars for lengthy jail terms, and this in turn can create a panic mood among the rest of the users. Since most of the exchanges are KYC compliant now, the authorities won't have to spend too much effort to identify the users.

Many countries have already banned them and few countries are seriously thinking to ban bitcoin in their countries. Even the Donald Trump have told some negative statements about the bitcoins.
But all these efforts to ban the bitcoin will go in vain, because bitcoin is decentralized and it cannot be controlled or banned completely.

Bitcoin itself can't be banned. But all exchanges and/or mining could be banned.

Thus Bitcoin could survive, but without exchanges and/or mining, etc, the price would be way down below $200 IMHO.

All, for example, the USA government would have to do is say, they are 'unable' to do Know Your Customer (KYC) validation

complete enough, to allow Bitcoin to continue. They could simply cite foreign exchanges and the complicated tracking of a

bitcoin thru the blockchain.

Just saying, IF the Trump Administration can advocate now in the courts to keep unaccompanied minor's taken from their parents

into former Japanese Internment Camps, (yep, they went there) with no time limit. Not sure the courts would buy this or a ban

on Bitcoin, but the fact they are advocating the former leads me to believe they could push for a ban of bitcoin as the later option.

Stupid Yes. But anything is possible, even if not practical. In the USA these days.

later

Brad

You yourself said that Bitcoin cannot be completely banned, even if its price drops significantly.  How can even if the United States prohibits the use of Bitcoin in its own country, the whole world can act in its own way and some countries already demonstrate this, like Japan for example.  Since the US government and its intelligence services are always used to controlling everything around the world, they will try to continue to do so in relation to Bitcoin.  Thus, they have no reason to prohibit Bitcoin, even in their own.

Just saying, Bitcoin could be made 'irrelevant' in the USA. The dollar is strong, thus you could say the IRS does auto audits of BTC and/or make exchanges illegal overseas (like they

did gambling sites) and generally, make it so much of a pain that the price could dump to 3K and USA folk could be locked out.

I could not be completely banned but could be made much more distressed in price and use with such rules/laws/bans.

UNLIKELY, the powers that be will do so, but, there has not been a lot of pushback and fud IMHO from banks and other central money types...wait till BTC hits 20k plus,

either they will pile on with this FOMO, or they will increase the FUD.

100% indeed with your words. For example, in my country, bitcoin is still illegal and the government prohibits all citizens from using bitcoin, but the government cannot stop all transactions in my country. So why should you fret about the statement "xxx countries banned bitcoin". This in my opinion will not reduce bitcoin users

The US government had just slash down the tax which was opposed on Bitcoin to 25%, so, the government has already entered into the world.of cryptocurrency and had.implemented tax, that's by the side.
Bitcoin can't be ban because it's just a technology which look impossible to ban. Technology.like the internet where not banned, so it.look impossible for.any government of the federation to wake up an ban Bitcoin.

Can Bitcoin be controlled by centralized authority? No! Can Bitcoin be restricted under borders? No! Then how can you ban Bitcoin, the sell/buy BTC is completely an individual will and risk too.

Your points are either wrong or correct depending where you are looking at the banning from. If you are just looking at it from the angle of banning the whole system, then you are right but what about targeting the exchanges and using it for payment or buying. That can be done and once hat is done, there wouldn't be any use of the system or your btc

I think bitcoin is the first crypto currency technology so that its popularity and greatness are unquestioned. Bitcoin cannot be blocked because bitcoin is the main crypto currency that brings changes in the economy and international transactions. Bitcoin brings a lot of convenience, practicality, and speed so it has been questioned again its ability to survive until now. Instead I predict bitcoin will last for a long time and will become one of the recognized currencies.

I think the fear is based in the fact that if a government does not like Bitcoin at all and decided to ban it, everything related or linked to it will also be prohibited. A ban in Bitcoin is equivalent to a ban in exchanges, in Bitcoin apps, in Bitcoin ATMs, in business that are accepting payments in Bitcoin, the banks where one could withdraw fiat from Bitcoin conversion, and so on. In other words, there would be no more point owning Bitcoin.

In addition, the process of banning bitcoin has been delayed for many years when countries have always had mixed views, taking advantage of that time, the development of bitcoin has been accelerated quickly, expanding its reach and attracting more people. So far, this monster has appeared and encroached on so much land all over the world, it is too late to ban, what can be done with bitcoin right now is just to find common ground, government must cooperate with this system, seeking certain benefits

As long as there is an internet connection available in the country, bitcoin cannot be banned. But if the government decide to ban the internet connection, then people cannot use bitcoin, but I am sure that people will search the other way to use bitcoin and they will use VPN to connect with bitcoin. I think in the country which bitcoin is banned, people now prefer to use a VPN because they still want to use bitcoin for many things including to trading.

No one will ever forbid Bitcoin, because it is precisely because people are united via the Internet that they can defend their right to use cryptocurrency.  The government has no other choice but to accept cryptocurrency and legalize it in every state.  But then we will have to play by the rules that exist in every state.  And this is the payment of taxes on their income from activities in the cryptocurrency market.

Anyone thinking that Bitcoin can ever be destroyed or outlawed should just forget it because it will not happen. Just look at this level of money and businesses generated because of Bitcoin - Market Cap:  $284,918,135,730  •  24h Vol:  $55,002,810,847  •  BTC Dominance:  66.2%  •  Cryptocurrencies:  2413  •  Markets:  19619  Destroying Bitcoin means destroying almost $300 billion.

They can impose direct bans on usage but that wouldn't immediately stop people from using it. They can however hit it hard by going after miners and exchanges which we know is vital to the operations. That last one can be particularly debilitating for people that got money left in exchanges and can't get them out. Without these tow we'd have to rely on people running nodes on PCs.

To be honest. The decentralized aspect of bitcoin was not the reason why the governments or any organization can not ban bitcoin and the believe the reason why bitcoin cant be ban was the influential power of bitcoin which why we see a lot of people from the country where bitcoin was banned still find a way to invest/trade bitcoin.

Bitcoin cannot be banned because of the decentralized architecture. There is no CEO. No office. The person responsible for it is unknown.
It has no real value. we cannot even touch or hold. It cannot be controlled.  It will thrive even the chinese ban it.

it can't be banned 100%, but governments can make lives of bitcoin enthusiast way harder than it is now with taxes and regulations

Exactly. I also want to add that based on the latest event in the crypto world, soon all exchanges will require KYC for all users.I think no one will be pleased to get a fine or go to jail for ,,illegal use of cryptocurrency,,.

Definitely, there is no way government authorities can stop people from using Bitcoin. Bitcoin was been used for some time before the large number of the world were introduced to this technology. They need to stop the stupidity of trying to ban or stop the use of bitcoin. The world just need to embrace this technology...

Definitely you are rights. bitcoin first and last online crypto currency, it's price day by dday increase, many peoples and many country bitcoin 100% trusted,  So Bitcoin will never be banned.

There is need to know more why btc can't be ban as major countries are signing it as virtual money and putting in place rules to guide the use while US as also see the future in it but to me in my own opinion look as a treat to their currency and that as been the major issue for them to either ban it or maintain it.

I think the government cannot stop us from using Bitcoin completely. However, they can track transactions that convert Bitcoin to real money or use it to buy and sell goods. From there, they can catch us if they want. So, always be careful with conversion transactions, it will turn you into a criminal sometime

That exactly is the worst the government can do, or imposing sanctions against Bitcoin holders which will affect the cryptocurrency indirectly, like what we have seen before now with China and Japan but the beauty is that, the motebthey try weakening the power of cryptocurrency, the more strength they give to it adoption, Bitcoin or rather cryptocurrency can't be banned.

No, not necessarily. If you will follow the intended use of Bitcoin according to its design, which is through peer-to-peer transactions, you will not worry about government tracking you down. If you buy goods through Bitcoin on a peer-to-peer basis, you are also relatively safe from government trackers. And if necessity calls that you really have to convert your BTC into fiat (Bitcoin is more real money than fiat) and you opt to have it on a peer-to-peer level as well, you are also safe from government trackers. What I mean to say is that Bitcoin can get away from the prying eyes of the government. Bitcoin can't be banned, therefore.

The world is moving fast. Things are changing by the day even as different technologies are emerging. Hence, Bitcoin Decentralized currency, manufacturing  has been make the industry more accessible, secure and economically sound for more  P2P Platform is our third product by participants in a direct peer-to-peer  ecosystem, is difficult to banned.

Currently, Using is BTC is in a grey region for Indian's. As there are so many Discussions going on also recently there was a news that 10 years jail for one uses BTC. Why can not people are against this decentralised invention.

There were few P2P exchanges and Kionex closed few weeks ago. Kionex was top exchange in India. Zebpay was also a top exchange in India now moved to Australia I guess.

Right, but if you are caught for any operations with Bitcoin and cryptocurrencies in some countries, you can be sent directly to jail. I do not know if people are ready to take such great risks to lose their freedom. Probably, the alternative way out is to change the place of your residence. For many people, this variant works better than the other ones.

wisely countries do not prohibit or block bitcoin but regulated regulations. Legally it might not be used as a legal payment instrument, but there are rules that make bitcoin available to residents of a country. and that's what happened in my country.

Bitcoin can't be ban because it is decentralized based concept, were none of the government of each nation can't able to do manage or control it. I remembered one of the country banned bitcoin and crypto was China, but China has big bitcoin mining farm in the world and has the highest average percentage also all over the world too. Something's weird isn't?

The ban on Bitcoin may be due to the government anticipating the danger of trading Bitcoin. In addition, the Government banned it because Bitcoin affected the nation's economy and flat currency. I think there are many related issues that the government has not announced. We are citizens of the country so we must obey the law, otherwise we will be in trouble.

Bitcoin can not be banned because the bitcoin network is made up of 7000 nodes. These 7000 nodes are in many countries, thus if someone shuts down some of these nodes , the other nodes remain.
This is why the bitcoin can not be banned. A country can disconnect from the internet, but this would not ban (interdict) the bitcoin in that country. There are internet satellites, there are many possibilities to connect to the internet from a country that has disconnected itself from this.

One can shut down the internet on a country, but that country citizens can go to their friends and connect to the internet from there.
A country does not have one ISP,  every country has many ISPs and every of these ISPs has its connection the internet.

A country government can say whatever, can do whatever, it can not interdict the bitcoin because simply I can go to another country or connect to the internet through another ISP.

 

  

Bitcoin can not and will never be banned, because there are many ways to trade Bitcoin either online, black market, Banks, face to face etc. Government of a country can only restrict the use of Bitcoin but can not ban it. The good news is that many country that go against Bitcoin are now regretting their actions and now investing in it.

The topic is about why bitcoin cannot be banned and you say bitcoin has banned.
No one can ban bitcoin. The network is working decentralized and there is no one who can control bitcoin.

Agreed. Even if the government bans bitcoin in the country, I don’t think its people would stop using or trading bitcoin. Here cryptocurrencies are banned totally. But, it cannot stop people from trading it. Well, who doesn’t if one sees how profitable these can be.  
Also, yes, the decentralized nature of the bitcoin makes it impossible to ban.  But, we can face some problems in the mass adoption of cryptocurrencies.  
 

Many time in the past we commented on the topic like this. It is very difficult to ban cryptocurrency even in the so countries that have restriction to that. Bitcoin for example can be used internationally and that means it is not just a national things. Bitcoin has gain momentum over time irrespective of criticism in some countries of the world but for us that sees the importance of it can not do without it.

In order to prohibit cryptocurrency in certain countries, the government must completely deprive its citizens of Internet access.  Otherwise, the authorities will not be able to realize their bad plans.  But since this is not possible, cryptocurrency users who live in countries where Bitcoin may be prohibited can use the VPN and other technical capabilities to work in the cryptocurrency market via the Internet and make money.  Therefore, I think the main thing is not to spread to anyone about their activities.

Some countries banned bitcoin before for their own economic reasons but still bitcoin rises above and continued the dominance everyday that some countries realized bitcoin cannot be stopped nor banned that's why they lifted it up and accepted crypto currency as part of economic agendas.

As far as I know, none of the countries have banned the possession of Bitcoin (although there are rumors that India is planning the same). Some of the countries, such as Nepal and Bangladesh have banned the trade of Bitcoin to fiat currency (and vice versa) and they have even arrested some people for breaking the law. But no one has been arrested yet for the possession of Bitcoin.

Bitcoin cannot be prohibited, as it is an international payment system that depends on each individual user of the Bitcoin network. Each individual user of this network one dealing with this cryptocurrency has a blockchain program installed, which makes him the full owner of his money and the general director of his mini-bank, which is located on his hard drive.

I believe they can ban using Bitcoin. The government has the power to ban the buying and spending of Bitcoin, but they cannot destroy Bitcoin. I do not think that they will ban Bitcoin forever. Sometimes it is their delaying tactics to ban Bitcoin (temporarily), but eventually, they will allow people to use/buy. Whatever the government is planning up to, they still knew that Bitcoin is the future answer to our economic problems right now.

Bitcoin cannot be banned because of its very nature. It is an open source platform and is decentralized. It does not come under any governance and changing laws according to it will make no difference to the crypto itself. Considering how many countries had banned Bitcoin in the past, it still went higher.

Some countries banned bitcoin but it’s popularity becomes stronger. Exactly it is decentralized that even government cannot control it’s usage. Some prohibited using bitcoin but others follow the rules.

Let's see:

1) to ban something it cannot be achieved by passing legislation (like little children shouting and screaming for attention).  So far we've seen that by passing new laws, launching mock media campaign and spread disinformation did little to affect BTCadoption or progress thereof.

2) strength of an currency is based on the strength of the economy.

3) to stop the economy (2) you have to destroy and acts violently against participant. To enforce and maintain dominance of an particular currency you need mans with gun

4) no amount of violence could solve an math problem.  

5) Bitcoin protocol and construct are based on math, to attempt to use violent (4) to halt its use would not gain traction unless you can attack either the user (3) or solve the math "weakens the algorithm which were used to secures bitcoin transactions"

Flight to quality is very difficult to overcome.  Even if nation state bans bitcoin like China did, discovery mechanism will prevail, just like those who broke the great Firewall of China and posts here.

indeed, people wants bitcoin, it is open to everyone, the more they are prohibited to it the more they will find their own way to access bitcoin website and they find way to earn it. so therefore it cannot be banned, website related to it can be blocked but it can still access through the use of third party softwares that can help them. we are in a fast paced technology now, no one can stop it nor hinder other people to their desires.

Even though there are countries that have banned Bitcoin, that cannot stop residents of that country from using Bitcoin.
As long as we can use the internet, we can still use Bitcoin, so there is no need to worry if our country is banned Bitcoin.
Even a country as big as China and America cannot kill Bitcoin, therefore I firmly believe Bitcoin will live a very long time.

Bitcoin is a digitized currency and isn’t limited to any platform. It’s can’t be totally banned though many countries are against the technology but bitcoin enthusiasts are still investing and trading bitcoin under the nose of the government. The technology has gone big and can’t be frustrated by the government because many big business owners are now investing in bitcoin.

Exactly, the major countries will become minor if they ignore BTC and lose the benefits as well. And countries who support Cryptocurrency will boom fastly especially Estonia the country which is very eco friendly when it comes to Cryptocurrency.

BTC can't be erased the vision is very big and there is a strong from the public too, so long-live BTC is my next resolution :D

As long as there is internet there will be bitcoin. Government can regulate but they can't have the full control. I've seen countries that have been banned on using bitcoin but still managed to accept and buy bitcoin. This is the very reason why bitcoin is created, to create system that is not dependent on government or institutions.

Bitcoin can be banned and some countries are already done that what you probably mean is that Bitcoin cannot be stopped. The government can impose a prohibition upon using crypto and make punishment who should not abide that law however if people really love this technology, they cannot be stopped due to the fact that they can hide their addresses and identity or simply become anonymous. Besides, Bitcoin is decentralized so there's no way they can totally manipulate this one.

Let em ban it, we gonna call it "loyalty points" or "utility tokens", then purchase our goods and services using it, murdering the fiat.

Sometimes ridiculous regulations are based on the government's public interest, so I thought maybe it was based on a dislike of bitcoin. I also think why feel like banned bitcoin is funny. but I think people will still own and use bitcoin for transactions of any kind

On a more lighter note, it is definitely impossible to ban something with great value like Bitcoin. At this current stage that a lot of people has invested in Bitcoin, believed in its technology, developed on it and thus proving that for once, payments can be done in a peer-to-peer manner, then it means that the knowledge of Bitcoin has reached far and wide hence the government can't ban it. The only pain of the government is that, they understood they can't control it because of its decentralized nature, thus what the government has done so far is creating fud but nowadays, they are relaxing their laws to suit Bitcoin in any way possible because they have lost their battle towards it. Hence in my own opinion, banning Bitcoin is not going to happen and institutional investors will only but keep coming in  because they have no choice.

No one will be able to ban Bitcoin even if they talk to the Chinese government. Bitcoin is not regulated by a decentralized government. Most traders from the government are leaning towards decentralized currency. They are making a lot of money by investing the government cannot do anything. The world will go a long way in digitalizing the world and in terms of technology. Proper use of crypto will also influence the government to use bitcoin. Many companies are getting involved with crypto.

People who speak out against Bitcoin all have the same principle. You know their main argument is that "if the governments of all countries will ban Bitcoin at some point then everyone will be deceived." The proponent of such a kind of theory is our Honorable Sir @JP_Morgan. But where is he now?
The reality is that Bitcoin can never be banned because now it is a global revolution and it is a global invention of modern civilization.

Another thing to think about is that the only thing that they can ban are the locally available wallets within the country but it is still impossible to fully ban Bitcoin since using Bitcoin is a profit to some local companies. Banning something just because of a petty reason will really draw flak from a lot of places and would just reignite the wants of people to further use it.

I agree with your opinion, until now the government has not been able to cripple bitcoin so that bitcoin is becoming increasingly popular.  If there is a government that wants to ban bitcoin, but their efforts are in vain, the proof is that until now the price of bitcoin continues to rise so that more people will know about bitcoin this year.

I have already posted a different opinion in this thread and I would stick with it that states that banning has no idea, they claim that bitcoin is the underground currency, so if you ban it what will change? Nothing, if we follow this accusation. If you make things illegal, people will always find a way to break through it and new method will be hard to catch in future but possible, it's a never-ending cycle.

But right now, a lot of companies implement bitcoin and a lot of them build businesses around it, it's getting stronger day to day, nothing has become so strong and popular in such a short time. We live in an era of information technologies, where innovations and new trends are coming quickly, everyone tries to follow the latest trends and bitcoin is that trend along with blockchain technologies, you can't kill the trend and it won't even die.

Maybe in different country who doesn't like bitcoin always try their best to ban bitcoin but unfortunately they could not do it. They can't stop people in using bitcoin. So far we can see different businesses accepting bitcoin and there are Bitcoin ATM machines in other countries which clearly means that bitcoin is useful and nobody can stop it.

Our country experienced before a crisis in bitcoin wherein the government attempted to shut it down because there are plenty of new saying that bitcoin is a huge scam. After a few months, the issue just faded away all of a sudden and it was forgotten by everyone. In that case, we can already see that most of the government in the world doesn't have control over bitcoin's domination. It was the ignorance that caused this commotion and it is not surprising anymore since the cases why bitcoin is getting near from being banned because people are not knowlegeable enough about this.

If it were easy for the government to just stop bitcoin from working they would have done that a long time ago,but it's obvious they can't stop bitcoin from working, the only thing they can do is to prohibit the use of bitcoin within their country, since they can't really stop their citizens from making use of it, the only issue is how to convert the bitcoin to their country's currency, that's the only downside to bitcoin getting banned in a country, I pray that doesn't happen.

After reading this all most of peoples sure no government can ban or stop this bitcoin and its reality because its really not easy for them just because of this now they are trying to control this all through centralized exchanges and rules or regulations which are contenting peoples to pass kyc for this all hopefully we will able to have some better way to stop this all but until now many P2P exchanges and sites already implementing this are very forcefully for members.

Crypto investing and the wrong reasons why you fail?

by: https://netstinhte.com/dau-tu-crypto-va-nhung-ly-do-sai-lam-khien-ban-that-bai/ (https://netstinhte.com/dau-tu-crypto-va-nhung-ly-do-sai-lam-khien-ban-that-bai/)

If the decision to restrict circulation or prohibit cryptocurrency is made by a separate state, then of course, it is very difficult for it to control the implementation of its decision by citizens. Although in this case, when establishing criminal liability for the use of cryptocurrency,I think that many will not risk their freedom. But if such a decision is made by the G20 countries or even within the European Union, it will be much more difficult. It is better for a cryptocurrency not to conflict with states, but to try to coexist peacefully with them.

Hey guys, I'm here

If a country bans it, it does not make any difference as other countries are not banning it simultaneously. Also, even if they completely and strictly ban it. Users can use various softwares to access the wallet. There is simply no way unless they take it as serious as child porn.

Bitcoin is related with parts of individuals and parts of program and parts of web and other development.At display Bitcoin a few nation is considering to compare with keeping money system.Mostly enormous enormous financial specialist is related with Bitcoin trading.
I think in the event that parcels of nation think to prohibited it.its conceivable or not Since a few province presently running online promoting by utilizing Bitcoin so its not conceivable to prohibited person any govt or person any state.

The only way to completely destroy Bitcoin is to ban internet. Even if all the countries in the world try to ban Bitcoin, it will exist as you need just a smartphone and internet connection to transact with BTC. Banning a decentralized asset is never going to work. If the authorities are that adamant, then I would recommend a 51% attack. But that is going to take billions of USD in funds and lots of manpower.

Bitcoin is decentralized that it has no central authority. Not even the government can control it. But they can restrict and banned the usage of bitcoin and other cryptocurrencies in their country like what other countries did like Algeria, Bolivia, Morocco, Nepal, Pakistan, and Vietnam. However, crypto users can still buy and hold cryptocurrencies in these countries in different ways, as long as they won't get caught by the authorities.

Despite of the anonymousity of the owner and the dectralization of the currency, I must say law makers have the capability to ban bitcoin if there will be a powerful man that says to ban it. Laws are written in language that can uderstand by the people and very much likely laws are not going to be written in bits.

Some people are afraid of banning cryptocurrency on their ciuntry because they have sympathy. They think for their country too because not only them who are using it aside from the millions of people who are living in one country. Who knows? Maybe some of them rely on bitcoin. Other than that, any powerful and smart man can shut this if it will be debated to their congress and agreed upon that this will get banned.

You are right, but these are not the only reasons why bitcoin is not banned. Despite these, bitcoin is banned in some countries, there are strict ways governments can make sure people do not really make use of bitcoin. But, what I have noticed is that bitcoin is liked by people, and many government officials are even having bitcoin and will do their best not to ban it. What really make bitcoin successful are what you commented that it is decentralized, but also deflationary.

It may be inconceivable to physically boycott Bitcoin. But at this scenario, the financial institutions and government specialists are competent of anticipating the utilization of Bitcoins, by capturing its clients. This strategy has been utilized by third world countries such as still asian banned it, to frighten absent individuals from executing with BTC.But also asian developed countries have flexibility to legalize the Bitcoin that common people get benefit from it.

Interesting read. Thanks for the share.

I don't think BTC could be banned and now I see why that could be true.

Well, you can't be sure that there will be no chinese people using bitcoin now. Any country could express the ban of bicoin but they could not totally prohibit bitcoiners to find way to make its access. Remember that bitcoin uses p2p network and everyone is part of it. So chinese people could still access bitcoin knowing that they should not be getting caught by their government authorities. Anyway, every countries has priorities now to settle and that bitcoin is lesser compared to other issues being face by so many countries like this pandemic.

It’s very hard to regulate something that’s decentralized.
The blockchain is an incredibly resilient technology, can’t be controlled, can’t be banned, can’t be stopped.

Well for one, it is decentrakized, so as long as we are not being run by a one world government, bitcoin is safe. And it's also anonymous, it allows people to use it without their identity being checked, so much so that is even used for illegal purposes like smuggling and drug purchase. As for bytes and bits, there may not be a dedicated kaw for it but certain parameters can be ticked off and on in order to pass a law.