First Russia, Now Ukraine

[bri912678]

Correction, Ukraine has no plan to ban BTC. Its only concern is that terrorists may be using it.

Thanks for the correction it is always good to get as close to the truth in the end only had to go threw every post lol The thing is with all this ban talk, it can't really be banned can it?

They can try but it is not really going to get them anywhere is it, there is no way for them to control it like they can't control ban drugs or anything else what they attempt and fail.

A country could stop exchanges operating within its borders, make bitcoin related businesses illegal, and forbid banks from doing transactions with bitcoin businesses abroad. Does Russia intend to start prosecuting people for possession of bitcoins? That would put people off using bitcoin, but not stop everyone.

[LFC_Bitcoin]

Correction, Ukraine has no plan to ban BTC. Its only concern is that terrorists may be using it.

Somebody should tell them terrorists use cash too.

[pawel7777]

Correction, Ukraine has no plan to ban BTC. Its only concern is that terrorists may be using it.

And who are the 'terrorists'?

And how do you know what are the Ukrainian plans towards Bitcoin?

It doesn't take much imagination to know that separatists are not and can not be financed by BTC in any significant form. Logically it seems to be just an excuse to introduce some heavy restrictions in crypto trading (if not total ban) to keep tighter control over citizens funds and maybe to protect Hryvnia.

[bitcoinluv79]

Correction, Ukraine has no plan to ban BTC. Its only concern is that terrorists may be using it.

Thanks for the correction it is always good to get as close to the truth in the end only had to go threw every post lol The thing is with all this ban talk, it can't really be banned can it?

They can try but it is not really going to get them anywhere is it, there is no way for them to control it like they can't control ban drugs or anything else what they attempt and fail.

This is how I feel about bitcoin regulation. They may make it illegal, but if done correctly, there is no way for governments to know it's citizens are even using bitcoin. Major countries refusing to allow bitcoin exchanges can hurt bitcoin a bit, but it will always have it's uses in the world. The world powers are scared of people having financial freedom 

[Slaxt]

Correction, Ukraine has no plan to ban BTC. Its only concern is that terrorists may be using it.

Thanks for the correction it is always good to get as close to the truth in the end only had to go threw every post lol The thing is with all this ban talk, it can't really be banned can it?

They can try but it is not really going to get them anywhere is it, there is no way for them to control it like they can't control ban drugs or anything else what they attempt and fail.

A country could stop exchanges operating within its borders, make bitcoin related businesses illegal, and forbid banks from doing transactions with bitcoin businesses abroad. Does Russia intend to start prosecuting people for possession of bitcoins? That would put people off using bitcoin, but not stop everyone.

We are already in the final stages of decentralized exchanges so they can do what they want with exchanges in a few months, have you heard of Bithalo and Blackhalo night trader? This will allow anyone to bypass any regulation they put on the people unjustly. Banks ban does not matter with what i just said. Russia probably will do all it can to penalize bitcoin users but as my point with drugs those who want to use it will use it and that will create enough publicity that others will want to know why it is banned etc they can't stop it they can only try. 

[calme]

Who cares about Russia or Ukraine?  They can go suck on their precious Putincoin for all I care. 



As long as China keeps Bitcoin afloat, we should be aite!

Wait... Putincoin? Is it a Altcoins?
Or it's a normal big coin?

Anyway, that's a big one

yes, huge. you can tell he wanted his coin to not only be big, but also thick.

[Mr.K]

Bitcoin will not be banned all over the world.One country can ban Bitcoin in home,but the citizens can trade it in the oversea exchange.

[Exther2]

Bitcoin To Be Shutdown In Ukraine?
http://bitforum.info/t/bitcoin-to-be-shutdown-in-ukraine/652

These people really cant see how bitcoin could help them.

I think its better to regulate bitcoin (in Ukraine) and get all the money by using it instead of shutting it down.

You should know that there is a war and people watch for their life's not to be on the internet.

[johnyj]

It's amazing that they still have some time to care about bitcoin, and want to ban bitcoin accounts  

[calme]

if the government bans btc, they are only making btc ban the government.

[Lauda]

It's amazing that they still have some time to care about bitcoin, and want to ban bitcoin accounts  

But it's unimportant too. Banning Bitcoin effectively does nothing. A tech savy user could still use Bitcoin without anyone knowing.
Ukraine and Russia have made a mistake. Instead of pushing forward, they've decided to stay back in the past.

[calme]

it's amazing how the area of the world known for great hackers is thought of as a technological backwater stuck in a previous century when it comes to innovation.

[Kprawn]

You should ask the same questions most of these countries are asking....
1. Who invented this technology?  
2. Can we control it?
3. What is the danger?

At this stage nobody knows who the inventor of this technology is.... Satoshi is just a name... and it might even be a government organization. These countries cannot control it, and most governemnt use the local currency {fiat} to control their citizens. Some countries need full control to manage and prevent possible financial collapse.

The dangers are the unknown.... or the lack of control.  

  

[calme]

you just know it would be funny if russia makes btc its reserve currency and then they find out that the u.s. government created btc. the u.s. could even create a national holiday called "thank you for your money, russia" day. the u.s. could then donate some of satoshi's btc to the former soviet states

[Lauda]

You should ask the same questions most of these countries are asking....
1. Who invented this technology?  
2. Can we control it?
3. What is the danger?

At this stage nobody knows who the inventor of this technology is.... Satoshi is just a name... and it might even be a government organization. These countries cannot control it, and most governemnt use the local currency {fiat} to control their citizens. Some countries need full control to manage and prevent possible financial collapse.

The dangers are the unknown.... or the lack of control.  

  

Obviously the first question can't be answered. The  answer is Satoshi, but that remains unknown. Actually there questions are wrong and useless. It does not matter who created it, but people don't seem like the understand why. It is however important who is actively working on in.
The government definitely cann't control it, just like nobody else can. I think that is one of the main issue that they have with it. Just as they want to control everything else, they want to control Bitcoin too which isn't possible. Obviously one could use the blockchain and run analysis, but that would take up way too many resources on a wider scale.

It's risky just as any other investment is. It might be more stable in the future.