Bitcoin Forum

I guess most of you have noticed the rise in the number of banks and Financial commissions and Governments in different countries announcing bans on crypto purchases using banks, crypto exchanges, and in some case Bitcoin mining crackdowns. From UK to Japan, Canada (Ontario) to China, but one thing for sure is all those attempts can't stop a force that has already gained momentum. It only signals that the Bitcoin movement is going down the right path of history.

They want to have control of how people spend and transact but with Bitcoin and other cryptos, they are powerless, that's why they are not happy.

In 1996, the regulatory bodies tried to ban Internet phone software, the rest is history  ;D

https://i.imgur.com/JwNklDZ.png
Image source (https://twitter.com/BTC_Archive/status/1412407979484327946/photo/1)

Whenever into those people who got disturbed specially on to those who had been sitting on the top of the power/financial/reputation chain then for sure they would be finding out that decentralized
characteristic of Bitcoin is never been appealing for most of them.Some might see this as an opportunity to hide assets but basing only on how to control out people or making centralized stuffs
will totally be opposed on Bitcoin existence.

They've been trying for years for sure when it comes to ban and regulation but what happens? Bitcoin doesn't really fail to surprise us, instead on going its value into the floor
it do go and breaking out new heights instead.

This is very the best example for cryptocurrency banning these days, damn!

Bitcoin is one of the greatest inventions of the century for me.
All the FUD of the Internet in early 1990s were almost the same on what Bitcoin or other cryptocurrency experiencing now, this is one of  the reasons to why we are in huge volatility, a rocky road but at the end of that road, it's worth it.

Whenever there is a technology that emerges which is either uncertain, scary or a threat to the motive of the government there will always be some kind of resistance and it is usually through banning the technology. Although these bans have never been that successful and if anything they usually bring more attention to the technology instead. Bitcoin is no different it getting banned gets on the screen in front of people since news websites will try and make the most of it and try to push their agenda on why it was banned. This is why I think we have not seen a global ban on Bitcoin. It would just increase the amount of curiosity and people would use it anyway. At least if they allow you to use it they can regulate it and make something out of it. If its banned they can not regulate it. I do think these bans are temporary and its not the first time Bitcoin has been banned and then the ban has been lifted. Unless they can establish a global ban which is effective at preventing people from using Bitcoin they will always be temporary.

But it's different though, there are countries, specially oppressive ones that are banning bitcoin and cyrpto for good. I doubt that they will suddenly made a U-turn and change their stance. On the contrary, countries that are in the middle, are most likely going to welcome and adopt bitcoin.

Bitcoin is so powerful that it will gave financial freedom to anyone and that is why certain countries are banning it and I doubt that those governments will enter the picture just because other countries are accepting it.

It's a safe assumption — especially when the Bitcoin and cryptocurrency space in general grows big enough to the point that it actually harms these countries to ban them.

Now, China on the other hand.. I wouldn't be surprised if they didn't change stances.

I'm not sure how I would feel if there weren't any messaging / telephone software around, lol. Anyway, I realized that some people don't see the need for it or are too focused on what they desire most and forget how to help the entire civilization.

It will be a great comparison to how Bitcoin can be considered this catalyst in the financial industry.

They are indeed temporary, been hearing those bans as well when I came to crypto space.

I guess it will take a lot of time before it happens or if there will be changed of leadership from the country. Who knows that the next in line was a believer in crypto, finger crossed.

It is inevitable that all countries accept bitcoin, from the moment that bitcoin began to have a large community around the world, it began to get attention on news sites and TV channels around the world, it began to be accepted in several countries around the world this will put pressure on the few countries that don't accept bitcoin because people from those countries that don't accept bitcoin will pressure the government to accept bitcoin and the government will accept it because they won't have strong arguments to ban bitcoin because most countries accept bitcoin. if they wanted to destroy bitcoin they should have done it years ago, today is too late for any government to banning bitcoin

Probably, but I'm really not betting on it. China has just been very consistent with heavily limiting the freedom of their people that I'd be completely shocked if they did a 180. It's highly likely that someone higher than the president is pulling the strings, and changing of presidents is just changing of pawns.

It's the same when the car was also invited. They disallow cars because it disturbs the horses on the roads, they only started allowing people to ride cars but with an engineer and a flagger (which is now like traffic police these days) to ride along. I've read this somewhere actually.

It's pretty normal that another industry will be disturbed by the blockchain industry and the affected ones like the banks and more. But they'd soon find it a better technology soon.

Well, afraid of bitcoin because they see it as a threat to the banking industry. They could not stop people to use the bitcoin or any cryptocurrency system. It is worth to use as an alternative to banks as we all know the features of having a decentralized and anonymity. Users will tend to be more aware now the safety of their personal identity.

Bitcoin had already taken their attention and this is their step to pinned down bitcoin to ban the use of their service when it comes cyrptocurrency services.

However, bitcoin will going to survive and even surpass these banks

Still banks will going to work as well in my opinion well going to endure and continue their service just like telephone and internet. There is just a need to balance between to system and both will going to bring comfort to all its users with the balance both system offer.

I have always believed that we have chosen the right direction.

Many countries are now very resistant to Bitcoin mining, one of the reasons is that Bitcoin mining consumes a lot of energy.

I found an article the other day, it was an article in Forbes magazine in 1999.

Dig more coal -- the PCs are coming (https://www.forbes.com/forbes/1999/0531/6311070a.html?sh=4887683d2580)


After so many years, let us look at history and find that what the Internet brings to us is 1,000 times more valuable than the waste of coal.

I would even think of primitive society. Human beings will not consume a little coal. I hope that those who blame energy consumption due to technological development will return to primitive society.（just kidding）

Bitcoin is a big disruptor and I am sure we are just beginning to see many forces who might want to curtail it or have it under their own control. In the next few years, we can expect a barrage of regulations meant to first put cryptocurrency under the reviews of those in power and then of course to tax everything as they also want to have a slice of the lucrative pie in place. Maybe we have to understand that this is just a natural reaction from those in power and when smoke clears we can see them happy to let cryptocurrency operate as long as they have the imaginary rope they can hold on.

Telephone industry isn't a government though, meaning that it will be different for bitcoin this time because the authority is the one that is going to enforce a ban and anyone who will go against will be prosecuted. Maybe I am wrong and it won't be so different because the power of the people might prevail and the unjust ban will be removed.

Sure we are on the side of Crypto .Crypto is the invention of the century and no one can stop it.It's just that the governments of these countries still don't have the benefits of hygiene practices to the society.

I agree with your point,but the countries that impose bans over cryptocurrency,usually aren't banning the cryptocurrencies(the blockchains).This means that it's not illegal to own cryptocurrencies.
They are banning cryptocurrency mining and (in some cases) crypto trading.
No blockchain has ever been banned in any country in the world.
It has been said many times that governments aren't hostile towards blockchain technology.They can be hostile towards crypto mining and crypto trading on unregulated platforms(that end up being scams).
Internet phone software was a technology,cryptocurrencies are an asset/medium or exchange.
We have to distinguish the technology from the financial asset.

hello sir, I think the Banks in the world are just taking their own advantage of how they are with crypto, and they just want to know what is being done in the crypto world, they even envy most people nowadays and want to destroy crypto, but the effort they failed so badly

This is completely normal to see some governments are trying to ban bitcoin and other cryptocurrencies. Whenever a new technology comes to the world, the old and traditional technology will try to resist the new technology as the OP already mentioned there was already the same problem when the internet started to work and many people, organizations, and governments were trying to ban or suspend it by time after time the problem solved and people are using it easily. We do have the same story for bitcoin and I'm not surprised to see the governments are trying to make it stop.

As we can see, many countries are continuously banning cryptocurrency, and because of that crypto becomes more not accessible for everyone and also because of that many people are having troubles with it but what we are pretty sure of is that we are on the right side of cryptocurrency because this banning is just temporary, meaning it will just last for months or years but it will comeback to normal again.

^ How did you know this is not accessible for them? Even countries implement a ban on BTC and in crypto they can't stop people using it, there are too many ways to adopt BTC and cryptocurrencies even without knowing by the government. It seems the government sounds fool because they implement banning but the fact they cant ban BTC and crypto directly. People can do trade and invest using the decentralized platform or even can purchase anything online that accepts cryptocurrency. They will soon realize how useful to them BTC and other cryptos that have a unique technology, and that is a blockchain technology.

Soon or later authorities will find that since a ban is not possible to enforce, regulation is the best they can do, and over time further regulation would only bring much larger investors to the space.

Unless they're firm about their decision and the next administration have the same stance regarding banning bitcoin, then there's a big probability that bitcoin will stay being banned and enough administration could make the ban unlifted or even forgotten by it's citizens. Yes we are on the right side of history but that doesn't mean that we are going to be able to recruit everyone on our side, there will always be a side.

On the positive side, history says so, I actually believe in negative news published by the media against certain countries forbidding Bitcoin transactions, quite the contrary, has a positive impact on the movement and users of Bitcoin in the future, for those who know.

Sometimes it's unfortunate that people are too quick to conclude that the bad effects of Bitcoin news, it could be today say A, tomorrow could change otherwise B, I'm sure with this topic people will think a little from the side of the history and journey of Bitcoin from 2009 until now.

Just like how it went for internet and other stuffs before, countries or the government to be specific will try and restrict the use of it but later on will lead into the inevitable revolution of a new era. For crypto, sooner or later the world will know its name more and will later on adopt to the changes happening. There might be many countries trying to stop people using crypto but little do they know, it will be the new monetary revolution that the world would need in order to survive the sudden surge of changes. When that time comes, those who put their faith on crypto will soon benefit and will have the advantage over anyone else.

The government won't be able to control BTC and other cryptos with a ban because they can't tax the government what other banks do so I think it's useless with the prohibition statement the community will not pay attention to it because this decentralization that many like doesn't need to go through a bank to make transactions so all of that can be in vain what the government does if it is temporary.

Many people already know about crypto with some restrictions in some countries it is only an illegal investment and is not recognized by the government while those who want to invest in bitcoin are not burdened with other legal matters.

I didn't know this fact that telephone industry wanted to ban internet phone software, but I remember how many people said that Internet is just a passing thing that will never work,
and we see how wrong their predictions turned out.
People in general don't like change and I think something similar happened when cars and vehicles first appeared, many people didn't want to give up horses.
However same tricks can be used by governments to force people into scam, like it was paper money, first backed by gold, that was later dropped.
Maybe they want to introduce some new scam with their CBDC projects, so people better choose Bitcoin instead.

There will be times when a country changes, from illegal to legal, from legal to illegal. this can be influenced by several things. Some of them:
- technology advances
- the life and financial development of the people in the country
- Change of government leading the country
- Influence of various people and public figures in the crypto world
And all of this could be a reason for a country to turn into legalizing bitcoin later.

What is happening now will be a part of the history of crypto journey, in the future people will say that the power of cryptocurrency is able to face all kinds of obstacles even though big countries are playing a negative role about bitcoin at this time. Once we pass this phase, crypo is eligible to go to the moon.

yes indeed for now crpyto gets a lot of opposition from many governments by way of banning it in various countries in the world but with the advancement of this technology it will actually awaken bitcoin as a business that is growing rapidly. able to absorb more and more enthusiasts, especially among beginners and this can also be a more promising business that is long term and we can resell if we don't use it anymore

to be generally accepted, it does require a long process. Moreover, the system attached to cryptocurrencies, especially bitcoin, is very different from the previous centralized financial system. so rejection is normal, there are many points of view and we have to really be able to adapt and study it well so as not to miss the boat.
this is quite a long part of evolution, I am happy to be here at this time, and to have the opportunity to learn, people who are now ignorant and still doubt that sooner or later will come too, whether just to learn or to be part of the change.

A very rocky and bumpy road because we know that there would be lots who would be on the way but it doesnt matter because its decentralized aspect wouldnt really care at all and its quite evident that on how
Bitcoin did survive a decade despite of those problems or hiccups.

Bans would be there and cant be avoided since not all would be having the same view or perception about bitcoin which it is really a big hindrance on overall global adoption and this is why i dont
really expect that much about for that certain situation to happen but at least seeing this community grow as the years passing is already enough for us to say that this would really
be worth it in the end of the road.

Thanks for cheering us, OP. Because the current situation has worried me. Before reading the post I thought it was about China. I did not know that other countries were already joining. On Twitter I had read something similar in a tweet from Ivan on Tech.
But your optimism is timely, we are in the best moment of bitcoin and the antibitcoins fear decentralization, and the loss of the value of the FiAT. I am also encouraged by this tweet from Michael Saylor.

if we look at history it can be said that the crypto ban is only temporary, everything that the government can't control, they will definitely do everything they can to ban bitcoin, that's the attitude of the government, justify any means to be theirs, if not in under their control, they will definitely do everything they can to destroy it..

I must agree with your thoughts here. Based on past events, crypto bans can be temporary and will be lifted as the government also decide to step into the regulation of crypto by themselves. Anything that they want to control that is out of their hands, will be tried to tear down or be adapted so power to control by the government themselves will be obtained.

They can ban the financial regulatory bodies to indulge in crypto business and ask customer not to make any crypto investment through their bank but how come can they stop people from using it and was this not the aim of decentralised currencies like bitcoin to avoid these Central authorities to take off your financial freedom but in actual they can't stop it's adoption so there is nothing they can do it to Stop it as they have also seen in the past.People will find alternate ways to take active part in this crypto revolution.In 1990's people were not very active on internet and think it will not be of much use but rest is history and same will happen with bitcoin.

With each new technology, people have a negative perception of it, and over time it becomes more and more popular. Old habits and conventional meditative ideas become human habits and it takes some time for people to abandon them and adopt new ones. We have noticed this in almost every case and at present, we see much the same in the case of cryptocurrency. The governments of various countries have now imposed restrictions on cryptocurrency and are reluctant to use it. However, as its popularity and demand increase, in the future, the representatives of all these countries will welcome it. And I guess that's going to happen soon.

That's one solid example to tell others who are in a state of panic by looking at these FUD these days. This post shows how one important revolution faces so mamy obstacles to prove its worth.
Bitcoin has already proved its worth as it's momentum has already reached a level to revolutionize the whole financial industry.
It's just a matter of time now when bitcoin will be widely adopted and accepted by mainstream merchants.

Governments have banned bitcoin seeing the popularity of crypto as they consider it a threat to their governess if all people invest in bitcoin & crypto. Once they will realize it that they can't stop bitcoin, they will unban it and it will be so bullish for bitcoin. As i told many times, this is the best time for accumulation. Anything under 40K is a good buy for bitcoin in mid-term / long-term.

No body is going to move and invest in a shitcoin like Tron. Justin Sun doesn't let go any opportunity where he can market his coins for temporary pump and then himself dump on the investors. These days he is targeting miners and encouraging people to invest in Tron. Don't fall for this scam. Bitcoin and ethereum are here to stay and miners will move out of china and will continue to mine bitcoins.

Current crackdown is looking bad as of now, but it'll be the best thing for bitconers in the long run. Though many countries are rushing for regulating crypto, but it's good than fuds when another bullish rally is about to happen. Indeed, this type of regulation will diversify many users towards dex as well as fully decentralization system. TBH, it's one kind of advertisement for bitcoin and crypto-currency.  ;)

in my opinion The way that BTC has gone through ups and downs since its inception there has been a lot of bad news that has brought down the price of BTC but it is clear over the years what discipline BTC has created for that bad news, it grows in the opposite direction of bad things. so it can be said that history will repeat making BTC become stronger and stronger.

Lol... i have been saying these time without number that cryptocurrency can not be ban even in temporary aspect of it across the nation, we all have the pre knowledge that government is against cryptocurrencies, but since the documents of crypto is not under the custody of  government, it's obvious that government doesn't have much right over development and regulations of cryptocurrency, so emphasising on the aspect of ban, each country can regulate cryptocurrency in their domain or restrict the adoption of cryptocurrency, so from my view it's only what government can go about cryptocurrency, saying that they have hundred percent right to ban cryptocurrency, i think it's a fallacy.

Yes, bitcoin will become stronger in the future. Although the crypto ban is happening in many countries, but that will not stop bitcoin from growing. Bitcoin will open a new chance for people to have a new way in the financial method.

Maybe the government can not accept bitcoin right now, but they can accept it in the future because bitcoin will have much time to wait until that time. We do not have to worry about the bad news because that will change into good news. The history will repeat in the future and we will see bitcoin makes a new history that will be different from the previous history.

The governments are trying to ban something, that can't be banned. Some of the regimes (especially in the third world) have a tendency to prohibit new innovations, giving the silliest of the reasons. Here in India, internet was banned for many years (because it was deemed as "dangerous"). Before that, it was not allowed to import computers, as the politicians claimed that computers will result in automation of work and the loss of jobs to unskilled population. Now the children of many of these leaders, who previously opposed computers and internet are working in IT firms. History will repeat with cryptocurrency and Blockchain as well.

I usually think positively about the future. I understand that those countries who ban crypto have their own stance, they didn't like crypto as they can't control them, they can't use their power instead. But honestly, they just care about their power and personal interest, not the benefits of their countrymen.
It could just hope that they will consider the importance of crypto in the current generation and they have to forget about what they can get but to look what they can provide fortune to their people which I think was more important...

The governments were able to "ban" bitcoin in the meantime. But yea, another scenario is if in the countries the demand for cryptocurrencies arises, the gov would find a way to tax it and to control it. Even though they can't implement the full control of the network, I'm pretty sure they will minimize the anonymity and privacy aspect that cryptocurrencies could gave. Like, strict KYC process and etc. Not to mention, that they could tax any cryptocurrencies trade for their own benefit.

Absolutely yes I have to agree with you here. These crypto bans are just FUD stuff but they won’t be for long. Bitcoin and cryptocurrencies are here to stay for a long time. Just strengthen our belief on Bitcoin and cryptocurrencies.

Assuming government is only taxing cryptocurrency traders it would have be better, because they have the right to collect tax to any industry in order to generate revenue, because some countries source of income is taxation, so it not their problem concerning cryptocurrency, from my conception, it seems as their major objective or concern is to eliminate the existence of cryptocurrency, to achieve profit or benefit towards trader's is not their focus, let us try to be realistic here and penetrate into government to know their target towards cryptocubutrrency, more especially bitcoin.

Note that I also think Bitcoin couldn't be banned by any entity. In some occurrences, people would be able to use Bitcoin without revealing their true identity, so they still can use it, even if the condition in which they live are prohibiting Bitcoin uses.

Sure, we can assume that their motive is to obliterate cryptocurrency since it's beyond their control. My point is if the demand by their people toward cryptocurrencies is enormous, IMO, the last thing that the gov would be able to do is to somehow regulate it. In short, i do too agree with what you stated.

They cannot rule Bitcoin and other cryptocurrencies, so, they make fud
They can't force people to not join in the crypto world directly, that is why they created such bad regulations about crypto.
And they see that many more people are interested in crypto, so, they create more fud and bad news using the powerful media. because media is theirs, and the world is really influenced by media itself.
Just one thing to do, let it be. Live must go on and my life is still for crypto  :D

I don't think every government is smart enough to know about bitcoin instantly as they did and banning it or at least trying to ban it and only the ignorant people were the victim of this  fear caused by the government to panic sell bitcoin and another crypto, and then government buys a chunk or crypto and removes the ban and people cannot complain about it, this is quite retarded and proves the point "A fool is bound to lose the money and continues losing it without learning anything"

What I also think the governments of different countries were guided to take this action against crypto just like news channels were, I'm sure now no one will dare to call Bitcoin a bubble-like some used to, and the reason being 'they're either paid to or they're ignorant' both reduces their survival chances in this world.

The extreme steps taken by some of the governments jumping in to ban the entire cryptocurrency market is childish and the reason is because they do not understand the cryptocurrency market and they make their decision from hear say rather than having someone who understands the market. I am hoping that these foolish government would learn from their mistakes and overturn their decisions when the developed world accepts Bitcoin.

Well, I like the term ^{[the foolish government]} we don't know if they are aware or unaware that bitcoin is impossible to be regulated and even though how many times banning it will always exist and people will using and holding this without even knowing by the government. Lucky those countries who adopted bitcoin and people use it like El Salvador that it is a legal tender. However, there are countries that also only have a neutral treatment to the bitcoin, and those completely ignoring bitcoin someday, you will know how really worth it.

Majority of countries are still on observation mode or still in neutral which they cant really make out some decision if they would be adopting it or banning it or would remain neutral.

Government does have their own point of view so its really to predict on what theyre next movement because decisions and bills would really be just popping out from nowhere.

Bitcoin cant really be stopped no matter how hard they do try.In talks about realizing the truth, for sure  they are still finding up ways on how to get rid with it.

Oddly enough, this can also be. But what if the countries of the world are really introducing bans on BTC just to take it away from each of us and be monopolists in the market? Perhaps soon something should happen in the field of finance, which will completely negate the use of fiat money. On the other hand, I heard information about the distribution of the world into currency zones, and then it turns out that all these prohibitions are directly related to this. Perhaps the countries have already agreed on what and how it will be, and right now they are trying to accumulate financial assets in order to have financial protection afterwards. This is all very suspicious and we need to be on the alert.

The government is very clear that they are all against bitcoin and all related crypto activities. Not just because they don't understand it but because they don't want for an uncontrolled currency to prosper and be use by the citizens without their control. Obviously, bitcoin is very transparent so they have fears that it will only be the reason that their illegal transactions will be stop and might put them into worst situations and might be the reason that their pockets will be poor again.

China may be doing this to reduce the rate at which people participate in bitcoin seeing it as a detrimental to their digital coin. The government of China knows the significant problem Bitcoin might cause later if allowing it to gain more freedom might affects their own project. The government of republic of China had once supported the existance of Bitcoin which really helped it price and contribute to the spike that really push Bitcoin price.

Bitcoin is bigger than what people think it is now. No force can stop Bitcoin from existing and now that it has gained structure and muscles to face any difficulty of time. It has had similar challenges for the past years when it was hard for Bitcoin to work through all those tough time when the journey was still fresh. I believe the government of each countries that are against it now are still going to support it and add more value to it later in the future.

Instead of thinking negatively, we better think about it positively. The government can decide to ban crypto, but they will allow crypto in the future, especially if they can benefit from crypto. If they can be open minded to crypto and see the chance to get more revenue from their people because of using crypto, they will change their decision in the future. Until that time, we better think about how we prepare ourselves so when that can happen, we are ready for that. If they really care about their people, they will learn about what is crypto and how crypto can help their people so if they can use crypto in their finances, that will be good for them.

I was a kid when they were skeptical of the internet and smartphones...

The government is always trying to find a way to control everything including Bitcoin but so far their efforts have been in vain. I saw from a study on Twitter status that the world is moving towards decentralization with Bitcoin as a start.

You know the government seems to be upset with anything there can't put under their control and would want to kick against it, but with time it's actually going to be a history because what must be must be, the ban some countries lay on bitcoin isn't stopping it's growth, it is a sign that bitcoin is gaining more traction across countries and soon it will be accepted globally, it's just a matters of time everything will turn out perfectly. Soon the government will get to see the importance of crypto to it's economy

At the level of technologies, there are many that have broken paradigms, have been freedom from governmental and business barriers, the Internet in its technological derivatives has allowed many areas previously dominated by small groups to free themselves, there are so many examples of success in a wide diversity of endeavors that it is impossible not to think that bitcoin will have its place.

There are currently many countries and governments suppressing the cryptocurrency market, but this is not bad news in the long run. Can analyze the current stress level. Many countries and governments do not want cryptocurrency to disappear completely. For partners who specialize in cryptocurrency, the current price of Bitcoin has reached the cost line of many institutions. Perhaps they are also silently absorbing funds, waiting for the opportunity for Bitcoin to rebound. In the long run, it is correct to believe and hold Bitcoin, because this is what I firmly believe!

Probaby the reason for most of their banning is that crypto can't be controlled fully by them not like fiat which is controllable by them. I'm afraid some big countries are banning crypto for good so they won't  experience how crypto will improve their country's economy.

But despite of the fud and negative news about crypto, it is always undeniable that even if most of the countries will start to ban crypto, its growth and development cannot be stop anymore. Smart people have known already the potentials of crypto and if bigger community will come to accept crypto, more likely its adoption will come to possiblity in the nearest time possible.

Just like OP mentioned, the only reason the government and banks placed such bans on the use of bitcoin and other cryptocurrencies is solely because they want to retain control over financial activities which bitcoin came to undo.
However, going back in history, with every innovation that challenged the status quo, there were always oppositions but that didn't stop the move of all these innovations.
Bitcoin has come and it will stay because of the freedom it gives to the masses. Trust me, eventually the bans will be lifted and bitcoin will ultimately become the world's currency

although.there are many countries.that are trying to stop bitcoin but I really believe in.bitcoin itself.that very many people are interested in.the world of.cryptocurrencies, such.as what was.done by the Chinese state which prohibited.the circulation.of bitcoin in.that country, but it.is not impossible anymore that a when they will turn.things around to accept bitcoin and adopt.it in.their country for a long term investment for their society

I completely agree with the OP. It is stupidity from the part of the governments to believe that they can curb the spread of cryptocurrency by laws, prohibitions and regulations. Individuals will continue to invest in cryptocurrency, because inflation will make all the other assets less attractive in the future. Apart from gold, Bitcoin is the only asset that is protected against inflation. And in order to deter people, the government needs to arrest millions of individuals and put them in jail. I don't think that they have the courage for all that.

i hear in my state after a few days that some people have been arrested by the police because they trade and exchange cryptocurrency, which is illegal stuff to the government.
btw will the any government be able to stop using it permanently? not possible to in any way because decentralized exchange is easy accessible in anywhere to all of the people’s.

For a citizen on making out trades despite of the ban or prohibition of the government is really suicide but due to decentralized characteristic then its really hard to be tracked or traced unless if the

ISP are really that serious on tracking out someone and tell the government or does comply if there are users who do access a certain site or something like that but that would be surely a tedious job to be done.

Unless if you are reported with having solid evidences then you are really fucked up.So better trade or invest with your own risk specially if its banned or does have impose restrictions.
You know on what would be consequences if you do get caught so be careful.

I also think that these cryptocurrency bans are just temporary. China is a good example for it. They banned cryptocurrencies before but started letting people use them after. Now, they banned the cryptos again. But I don't think this will be permanent also. Eventually, they will let this again. Because I don't think that people will stop using cryptocurrencies still.

About China, everything from them is temporary because they ban crypto again. They are a good example of how a government being greedy with their position and wanted to control everything at their premisis.

But after all those banning scenarios, Bitcoin still getting strong and continue to spread. It was accepted that some people who will never appreciate Bitcoin will have to respect them. It can't be forever as I believe, sooner or later they will realize that Bitcoin has some importance to our life.

currently all people are trying to stop bitcoin in their own way to prohibit its circulation.especially the government which expressly refuses bitcoin to circulate in their country which is currently being controlled by several factors, especially people who will take over, since bitcoin became a big business they have flocked to destroy bitcoin through the internet and pressure from the government

Really depends on who is the current head of the administration because if they were to put a leader that is more open to new technology including cryptocurrencies, then there's a likely chance that they will unban the cryptocurrency, also worth mentioning that if there's enough success stories and studies about cryptocurrency, this prohibitions will eventually be lifeted, OP's title is right, we are on the right side of history.

The people who are trying to stop bitcoin are those who have no interest in bitcoin or even those who want to buy bitcoins at the lowest possible price. Some governments that ban bitcoin are afraid because bitcoin will dominate all aspects of their economy. Bitcoin pros and cons will continue to emerge. But for now bitcoin FUD continues to spread, making the price fall even more. Bitcoin FUD as it is now will only last for a while, we'll see the development of bitcoin will accelerate and the price will reach a new ATH again. Bitcoin will survive under any circumstances.

Cryptocurrency cannot be banned, and bitcoin is only temporarily suppressed. Bitcoin runs in a network system. The nodes are all decentralized and distributed all over the world. It is impossible to shut down all of them. In technology, no country can control Bitcoin, because Bitcoin is a consensus reached by anonymous participants around the world and can only be restricted but not banned.
The existence of Bitcoin in the world is reasonable, and prohibition is impossible.

The revolution of cryptocurrency is unstoppable. Who will stop it?? Governments who are banning it? Countries who don't want cryptocurrency to be used by the countrymen?
Its unstoppable because it is decentralized. The Bans that some countries did?? I agree that it will be just temporary because if they will see a huge growth and development towards it and as more and more countries try to regulate it in the future, these countries will lift the ban and will just let crypto be used in their country.

In 2017, they tried to stop the growth of cryptocurrency by banning ICO's in their country but they aren't successful. Now they are trying to ban crypto again by stopping those mining companies and I don't think that they will be successful on it again. These companies might get stop but it will be just temporary because I believe that they will do something to resume their operations.

China is banning mining this time, and the law still recognizes Bitcoin as a legal asset.

Bitcoin is the mainstream currency among cryptocurrencies. It has a long history of development. It has been suppressed by the government during its existence for more than ten years, after which the price will be adjusted. Bitcoin is decentralized, it is not subject to payment restrictions and controls its own wealth. This is not conducive to the government's profit from it, and the government will prohibit the use of it. But Bitcoin can bring high profits to people, and more users like to invest in it. Increased demand for it increases its value, and it also has great development potential in the future.

Crypto bans might be temporary but that won’t affect the prices and volume. There are a lot of people who are still interested in trading in cryptocurrencies.

I believe when something is new, it’s very hard for a set of people to understand. So, they move ahead with term called ban
Cryptocurrency is the next big thing and one cannot change that. It's a revolution blended with economic evolution .
Governments should take time and study the importance of cryptocurrencies

true as you said, now more and more are banning bitcoin, china, tesla, elon musk, even they have banned bitcoin for a long time, but their efforts have not succeeded until now,, so you can say this ban is only temporary, because I think no matter how much they try to close I don't think it's going to go according to plan.

it's true as you said, something new will definitely be considered foreign and will definitely be banned, but most of their governments don't want to think about what can't bring benefits to them, moreover the government can't take control of bitcoin, so they will definitely do everything they can to stop the movement of bitcoin, but all their efforts from the past year, have never succeeded..

While this can be comparable but i believe Crypto is far different from telephone/internet banning because this involves financial usages and not just service .
Means if ever this will be adopted then the economy is more prone from anything more than just the internet and telephone .

The emergence of a certain thing that screams potential certainly brings threat and uncomfortable feeling towards its competitor. The insecurity and worry will become evident by doing the unjust things just to get past ahead the known rival. Hence, the article you provided is a great example of what is happening right now in cryptocurrency world.

I really do believe that cryptocurrency banning is just temporary because the leading factor that is behind that is usually the politics. The perspective of the officials presently elected is a great factor about the status of cryptocurrency legality in a country. After the administration and when the years of reign of the leader is over, it's time to have another set of government officials to lead the country. Another set of people that may have different principles and beliefs compared to the prior ones. Hence, the cryptocurrency banning will not be permanent.

I guess one good example here is the country of Vietnam. They have banned cryptocurrency before and made it illegal to be a mode of payment. However, recently I have read that Vietnam is now open-minded about cryptocurrency in their country. In fact, the Vietnam government has already a designated team that is tasked to research about cryptocurrency and its implementation and regulation in their country. This is said to be the bold step of Vietnam to the next level of digital economy in their place.

They do understand and they know that it doesn't benefit them and their hold of power so they ban it, that's as simple as it gets as to why these countries ban crypto.

It's just that the power and momentum of bitcoin is stronger than it used to be(2018), Really, it's more than a force, any wave of rage and pressure from the media, the government just  makes us realize, how different is bitcoin?  History is what it's been through and there's no going back, just like you grow up, you won't remember what you've been through.  Forget the past, be tough and strong.  Bitcoin will continue to rise unstoppable. Bitcoin will hit 80k and below that is the complete failure of the bank.

In fact, everything has its ups and downs. People in the banking sector think that decentralized currency is a threat to the banking business so they have always opposed it. When the use and promotion of Bitcoin has increased tremendously and it has become popular in all fields, people in the banking sector are looking for various excuses to ban Bitcoin in order to survive.
If you have a headache, amputation may not be the solution. Bitcoin is the currency of the digital age so without being allergic to it, everyone should think about how to move forward by adopting it.

It still describes very well the point that banning something for your citizens which will turn into a major global decentralized network must be a temporary move. How are you going to explain to your citizens that they are not supposed to participate in an otherwise open network that is used by all other people around the globe? While this was for communication, it was quite the same.

Now it is about exchanging value in a decentralized way, so it will be even harder for governments to keep up their bans.

It seems to me that banning is not the word to use because BTC and blockchain has become so pervasive in virtually every industry aspect that we can only anticipate long term endorsement.

The momentum is gravitating more and more towards organizations and enterprises, there will be a boom once these all start adopting the power of the blockchain and with that on the way I'd say there's little in the way of replacing or taking down BTC.

prohibitions for bitcoin have existed for a long time but the fact is that bitcoin is still standing and growing today, let's see if China is consistent with the ban it issued, or when the government changes, mining will exist even if it's hidden.

It's always about money (finance) and control mate and not service as you think. The move to ban the internet phone software was because the traditional American carrier telecommunication companies thought they were going to be pushed out of the market due to what they called unfair competition. This is what is exactly happening with Banks, traditional payment systems and Cryptocurrencies right now.

I think most people will stay in their activities on bitcoin, however.. something that is really worth it will not be easily abandoned, I think if it is more potential for things that smell positive... it is possible prohibitions for bitcoin will be revoked, and let's see also that bitcoin is able to embrace the future and provide tremendous hope for humanity.

Bitcoin is a new technology, and some countries banned the use of Bitcoin a few years ago. Although many regions are implementing encryption bans, this does not stop the growth of Bitcoin. Encryption technology, blockchain technology and even the long-term development of the financial industry have a huge role in promoting the long-term development of the financial industry.
With the continuous development of the industry and the market, the country's attitude towards encryption supervision has also begun to change. Bitcoin will provide people with new opportunities for new financial methods, and it will become stronger in the future.

I would also be quite surprising if politicians decided to do something against cryptocurrencies now that all those banks seem to get on board in various ways. They would have to argue in a very awkward way why they think cryptocurrencies are bad if even their own banks trade it and therefore legitimize it to a certain extent.

It is not just about new things. Some new things people can accept rightaway without understanding it,,,remember like foldable phones or flat TVs or people going to space who are not funded by the state for example;)

It is when things force you to change your life is when the problems arise. Like email changed the way we send letters or faxes. Or how crypto change the way we needed states and banks to help us send money.

Email is a better example for people hesitating to adopt it. Reminds me of my grandma who never accepted to use email. With crypto and its adoption the issue really was the risk involved when you used it for transactions. I remember my first transactions, checking the public key of the counter party 10 times before pushing "send". If you send your money to a wrong back account at a normal bank, they can reverse the transaction and if they can't, the other party committed theft. This is very different in crypto and keeps people away who are not that tech savvy and critical of technology anyway.

As the countries ban the BTC because they have no control over it and they can't be able to track all the records. People use BTC as a payment method and most of the cryptocurrency is used in Black Market.

I don't think the tracking is the issue that governments see. Tracking has become quite sophisticated and there are strong businesses focusing on analytics technology to make transactions traceable quite effectively. It is more the issue that they can't stop anyone from transacting. They can't interfere with transactions. That's what they claim is the biggest problem when it comes to financing of terrorism and the like.

Not everything is as cloudless as some here suggest. States and their governments have been keeping an eye on cryptocurrency and have yet to come to a consensus on cryptocurrency since the G20 countries decided that cryptocurrency does not pose a threat to global financial stability. Recently, however, there have been more frequent calls from some high-ranking officials of various states to more strictly regulate the circulation of cryptocurrencies. Therefore, the confrontation is still ahead and it is too early to calm down. States have a lot of real levers of influence on all processes that take place in society.

Countries that ban Bitcoin should also consider whether to ban Bitcoin all the time.
The charm of Bitcoin is limitless. Many countries have banned Bitcoin for a period of time, and then they discovered the advantages of Bitcoin and accepted it again.
More and more countries allow the use of Bitcoin. There will also be some countries that set Bitcoin as legal tender.

Most countries don't even understand what bitcoin is before they impose a ban on it. I remember crypto was banned in India and highly criticized by the government only to be reversed later because they might have learned that BTC isn't as bad as they might be thinking about it.

With time the government also understands that it is practically impossible to ban the use of cryptocurrency. It's similar to banning gambling, people will find some ways of doing it somehow.

The bans put on bitcoin are only proof of frustration from the government because they can't stop it and they know it very well.

the crypto ban is temporary, maybe this is the right answer to answer every question that exists, because we see politics continues to run, many people want power, maybe someday there will be smart people who are interested in crypto money, can lead a government, like the state of el salvador..

I believe we win in the end, we’ve spread so much already that at this point i think it would be near impossible to stop it from growing. they might slow it for a while but i think a stop of growth is near impossible :-\

All these bans are temporary, we are still early and there are still a lot of things that might happen in the future, I am still hoping that cryptocurrency will be legalized in all countries because if that would happen for sure all of the people in this world who explore technology will explore cryptocurrency as well and that will really makes the price pump.
Yeah, this makes bitcoin really strong, there are still a lot of people who invest in cryptocurrency especially bitcoin despite of so many FUDS.

Those banks will end up losing customers, these crypto bans will definitely be temporary, they have to accept the fact that crypto will be everywhere in the next 5 years, although, I don't see cryptocurrency to dominate fiat nor make people rely more onto crypto, fiat will still be dominant but cryptocurrency will be beneficial to everyone, banks will have to remove these bans and integrate cryptocurrency and give the customers what they want.

IMO governments fully knows BTC that's why they are going hard against crypto then ever before. The main point is can government fully ban it? The answer is governments have no control to ban decentralized crypto. They can only restrict its centralized use such as on exchanges. I don't know what happens in future but crypto financial system is not gonna be accepted by governments, at least in near future.
These are just my two satoshis.

The number of customers will not be lost by such bans because of the fact that when it comes to buying and selling crypto, not a single bit of confidential information is revealed, almost just a regular money transfer method, the bank can investigate the origin of such transactions but such action is not their idea, except in cases of too obvious disclosure of crypto, otherwise the bank will still handle it as usual. The ban is just stating their position on the side of the country and the government but they are not stupid to drop the source of profits from crypto, too many potential and wealthy customers here.

This is the kind of problem we are having these days, when there is a change, people wouldn’t want to adapt to that change at first. You will see companies that feels like the new change is going to put them out of business, fighting against the change instead of them to up their game, adapt to the change and start following what’s trending, rather they choose to suppress the change which is very bad. But as time goes on you’re going to see that the change will still occur and all those people that never wanted to adapt will be the ones that will be ending up as the losers.

I also believe the same thing. Any country that still bans crypto in their country is temporary. The ban will be removed and says it must be removed at any time. There are certain reasons, like if they didn't take action to adopt bitcoin now, then they would be at the bottom of the pile. The world is adopting bitcoin regularly. And when a country adopts it, the news goes viral in an instant. Its untouchable price means users can't buy a whole bitcoin. Later, buying a whole bitcoin will be a dream for millionaires too. If these things happen, they think they will understand why the bitcoin ban has to be removed. So the result is that these bans are temporary. That's it.

I agree that these cryptocurrency bans are going to be temporary. I'm thinking like this even about the China's ban on them too. I know that China is one of the countries that are really strict about cryptocurrencies. But they still weren't able to impose a permanent ban on them. And this also shouldn't be a permanent one I believe. There are so many investors there and I assume that the government wouldn't like to be deprived of a big opportunity for good. They would impose a tax on them and start letting people trade again.

Bitcoin and cryptocurrency business is a worldwide business that cannot be controlled by some country or authority. This business is free from all the limits of borders or countries. This business has great potential & momentum in it. Due to blockchain technology, people have great trust in bitcoin. people of all ages from the whole world are joining ignoring, it is legal or illegal.

it seems that it will be difficult to control bitcoin because the character it has is that it cannot be controlled and moves because of the mechanism that occurs due to existing trade. any ban that anyone does will not make bitcoin will fade and disappear.

You are right that bitcoin is a global business that cannot be controlled by countries, institutions or individuals. people trust bitcoin too much because it is able to provide the convenience it has and which will clearly provide benefits.
many individuals and countries have done and acknowledged the existence of bitcoin which indicates that bitcoin will continue to grow.

while in some countries that declared bitcoin or cryptocurrencies are illegal yet only few that still seek to accumulate while majority is declining meaning at any point adoption will be harder on those places.
this also add to why crypto is still on process of advertising because of those banning.

so Even though the businesses worldwide is indeed inside crypto yet there are many places that denies these facts.
so this will take long time before reflecting in reality .

This maybe temporary but unless people will push the usage and the adoption in their own countries there will be opening for that banning to uphold .
because the world now is getting online and internet is the best way to make transactions and also Bitcoin and crypto is in the edge of that adoption .
but without our help? this will never come to reality so best if we will act as one and let the world know about crypto and what this can bring to everyone .

I think the same, the prohibitions I consider to be temporary, just thinking that a country like El Salvador adopted BTC, and now the other countries are studying a regulatory model for the acceptance of BTC, that is something that they already consider as one of the priorities that no one should be left out, I knew more than 3 years ago that the time would come that BTC would be adopted by many people in the world, and developed countries will begin to do so, some have already been doing stablecoin projects, but everything certainly leads to BTC.

End of the day if those stablecoins developed doesn't lead towards bitcoin, then it is completely digital form of cash without any features of cryptocurrency. We've been getting more news about the adoption of bitcoin. However we can't expect big just because of El Salvador adopted it. Major reason why it is an easy thing for El Salvador, the population as well as there is no national currency. Countries won't let their national currency, so to safeguard the national currency countries will consider ban. When people are much associated with it, governments will give consideration as a alternate asset.

Yes if you talk about decentralized bitcoin then its impossible to ban it. Governments and other centralized agencies can only ban or control centralized crypto like xrp, usdt, exchanges like binance etc. We see such posts again and again because people are not paying attention to the fact that there is no way a decentralized entity like btc can be controlled.

I think this is the right statement. As time goes by, times will continue to progress, the government system will change, and surely the people in government will change. In my environment now, people who are involved in the crypto world are dominated by young people, and they have the potential to sit in government. Maybe now they have the authority to "ban" Crypto, but who knows 5 years, 10 years from now they won't have that authority. I'm optimistic about this.

It might have less to do with authority and perhaps more to do with a growing technology that is becoming more and more impossible to ban. At some point the governments will have no other choice but to accept crypto as a fact and as something they have no control over. At this point they will stop trying to swim against the wave and might even contribute in a positive sense to the world of crypto. Even now, they barely have any authority except when it comes to a fiat connection to crypto like buying or selling crypto with fiat.

Cryptocurrency is developing very quickly, attracting very large capital flows into its ecosystem. The sharp increase in the capitalization of the cryptocurrency does not please the states and their governments. Not so long ago, at the summit of the G20 countries, the issue of the growing influence of cryptocurrency was already discussed, and then it was decided that the cryptocurrency does not pose a threat to the stability of the global financial system. As we see that the influence of cryptocurrencies continues to grow, this opinion may yet change. Until that time, we have seen scattered various prohibitions against cryptocurrencies by individual states. If the ban is at the level of the G20 countries, the situation for the cryptocurrency will be much more serious.

I think the same, not only because it is the trend that will dominate the world the most, but also because any country cannot deny itself in the face of imminent progress, those who oppose real progress will be on the wrong path, since many countries are taking their forecasts and they are making resolutions so that people can operate with BTC under regulations, but the clear scheme of all this is that it is never managed by any third party, this includes governments, banks, among others, the money must belong to the person who owns it and move it wherever you want without asking for permission to withdraw or deposit.

I hope this condition is the same as this. however, when it's a novelty that has the potential to change the world, many parties who haven't found the benefit of it try to get banned. well, we see this happening in crypto. so many challenges from the other side. however, it's just like internet telephony happened in the past.
With this information, I am increasingly optimistic that sooner or later, crypto will most likely be accepted in all countries and everyone. countries that have banned crypto will reopen it, as did some countries that have banned and re-accept it. just like many parties who refuse, then participate in developing it, and so on

Hindrance is part of every changes specially if this will have big effect in economy and may change the area in financial aspect..
so this will always be barred like what happened in many years now so becoming accepted will happen but in all countries? nope this will never happen as there will surely opposition in every administration .
so Crypto will keep facing banning but we must not care about that but what we must look at is the opportunity of acceptance from other countries.
it has been started last year and surely there are many that considering this nowadays.

Yes, we don't know what the future will be like. But if you look at it today, there are already many people who know and even invest in bitcoin. Although the government issued a policy that prohibits bitcoin, but that did not stop their intention to stay in bitcoin. And that I think is one of the factors that the "bitcoin ban is temporary". Over time I believe bitcoin users will also increase.

Nobody can stop crypto, just don't mess with us, damn politicians!!..

completely agreed mate , as we are looking towards more adoption though some regulatory but that is what we needed, rules must be in place but adoption will take place.
because what we need is the acknowledgement of crypto frome ach country around the world as this will bring us more possitivities in this market and of course our investments.
maybe in the next couple of years we might see more of like EL Salvador adoption coming and i cannot wait for this to happen.

It's true I agree with you, this ban will only be temporary. I'm sure in the future there will be more countries that legalize crypto. Although it is still opposed as a transaction tool, there are still many people who pursue crypto, especially to invest and trade stocks. Crypto is the future, confusing news asking whether crypto will just disappear and so on only makes us afraid and can't move forward. With things like this you should be more excited and move fast.

Whether you do like it or not then they would definitely doing their part or simply be making those kind of reactions on which they would really be acting
or doing something as they please and if they do see a particular thing which is really out of their interest then it wouldnt be surprising that they would
really be doing such act and make out these banning situation or decisions which would really do sucks if you do really support crypto community
but its true that nothing can stop crypto even they do make out these kind of movement.

Yes, in fact on a Colombian TV channel called Caracol TV, they said in one of their news that they are looking for a way to adapt the BTC in Colombia, that they are fixing the different regulations through congress so that cryptocurrencies are treated as currencies. and as forms of payment, they did not give much detail, but I think they are designing a regulatory model for them to be given in the country, but I think they are looking for a way for the government to collect taxes, and this is something that at first It can be shocking to those who already know what this is like, but for people who do not know anything, they will not hesitate to give the regulatory KYC.

What rules?

The ones where Governments have to track and control people's spending?

Bitcoin has been doing fine even before approval by any Government. The market has been growing naturally as people realize that Bitcoin and some other cryptocurrencies are the real deal.

In the opening post it is described about the telephone industry that is one the move to ban internet phone software. Things have changed slowly and today in an article read about Pollen Mobiles with a new paying users in crypto to grow the network. The concept is very simple, instead of setting very big towers this network have planned to install small towers mentioned as flowers which is about 6feet height. People can place it in their homes, offices and provide service to the surrounding. This makes them to be an affordable network with low cost. Apart, this network pay in their native tokens for the people who install the towers and provide service. This reminds me about the mining process with bitcoin were miners are rewarded.

Decisions would neither be changed or would be final and everything would really be depending if their views would changed up also or would really be final.Government would always be having the ending decisions when it comes to this but it wouldnt really be surprising that there would be some u-turn of events whenever they do saw about being beneficial but most likely these bans are cause of being afraid with decentralized things and also
with that criminality kind of issues which had been always be the problem on why they couldnt just accept bitcoin or crypto as a whole.Doesnt matter though since adoption is moving forward
and it is really showing off some proofs  that we are heading there.

How does this relate to the topic?

Sounds like another shitcoin made to just milk the shit out of ignorant newbies. I will be damned if the token and project make it past 2025 (I am even being generous here).