tuskacz
Newbie
 Offline
Activity: 56
Merit: 0
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January 19, 2018, 07:43:48 PM |
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No it is not possible to ban it as they would have to ban internet. Bitcoin is P2P so nothing can control it.
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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bapetdik
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January 19, 2018, 07:46:00 PM |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
I will keep using bitcoin. Bitcoin is anonymous and difficult to trace. Even many criminals who use bitcoin as a means of payment. Not that we are all criminals. Sorry to offend. |
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AntonGrishko
Member
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Activity: 224
Merit: 10
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January 19, 2018, 07:48:48 PM |
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Bitcoin reached all over the world, billions of people's using it for trading and investment purposes. Some countries already banned on it, but it is impossible to complete ban on bitcoin.
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mardaed
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January 19, 2018, 07:52:17 PM |
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If BTC was banned or not banned who can track  but the main scope entire world is having its turn on BTC including huge governments and banks indirectly even they cannot support officially. We find alternative ways too. |
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bctm
Jr. Member
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Activity: 59
Merit: 10
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January 19, 2018, 07:58:05 PM |
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what happens, what happens... it won't happen.
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waitforme
Full Member
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Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
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January 19, 2018, 07:59:25 PM |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
The worldwide banning of Bitcoin will negatively affect the entire crypto market. This can make crypto worse and Altcoin will go down madly uncontrollably. |
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kdiag
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January 19, 2018, 08:11:36 PM |
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if bitcoin is banned, it will be a huge blow not only for me but also for many using this method of earnings, since a lot of money has been spent on using bitcoin with confident growth in it, its a failure, I hope this will not happen neither tomorrow nor always..
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teejaymuna
Newbie
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Activity: 238
Merit: 0
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January 19, 2018, 08:14:38 PM |
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It will be very Sad for governments to unanimous vote against BTC. I guess BTC faithful will find a new way to arty out transactions. I just do not want to have this thought though.
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Based Stickman
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Activity: 25
Merit: 0
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January 20, 2018, 01:50:57 AM |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
It's value would most likely go up . If governments had harsh punishments for those using bitcoin I think that would be what really hurts BTC |
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Basterian7789
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Activity: 103
Merit: 0
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January 20, 2018, 01:59:46 AM |
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They can ban it as much as they want, but anyone who has used it before will continue to use it as if nothing happened.Maybe the transaction will still take place but will be very little and the trading is no longer attract people as today.
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usechain
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January 20, 2018, 02:10:12 AM |
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I think even if the government forbids bitcoin, it will not stop our enthusiasm for bitcoin. We can still trade bitcoin through other channels, and I think the government can not stop us.
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bengca84135120
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Activity: 84
Merit: 0
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January 20, 2018, 03:00:14 AM |
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Some countries in east Asia are banned ICO, lead to the market price of the digital currency, these countries for the sake of national capital outflows to other countries, not do anything to prohibit ICO, even their own national bank is studying the so-called ICO!
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Joemzz31
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Activity: 308
Merit: 30
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February 04, 2018, 12:34:49 PM |
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I think if the company of bitcoin banned then they will no longer have a authority to operate. All transactions and operations they have are illegal in the eye of government.
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Reyan
Newbie
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Activity: 92
Merit: 0
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February 06, 2018, 07:00:27 AM |
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Bitcoin will not an because it crypto-currency. We can use this really illegally. No matter if your government ban this currency. That will be the beginning of death bitcoin if it really happened.
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GoodSammy123
Newbie
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Activity: 116
Merit: 0
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February 06, 2018, 07:07:44 AM |
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That would turn bitcoin pretty much useless and worthless, it would become similar to Monopoly money.
Also, bitcoin software would become unreliable because 'official' development would stop.
Yea bro, same thing came to me but it would be harder to stop bitcoin exchange you will need to shutdown alot of things on the web if not all |
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buhuchain
Member
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Activity: 100
Merit: 15
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February 07, 2018, 04:18:42 AM |
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Bitcoin will not an because it crypto-currency. We can use this really illegally. No matter if your government ban this currency. That will be the beginning of death bitcoin if it really happened.
My country is a bitcoin-prohibited, but there are still a lot of people who invest bitcoin, so I think maybe the country's ban on bitcoin will affect its price and development, but it will not kill bitcoin unless it is forbidden in the world , But now there are already countries that accept bitcoin. |
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ace4549
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February 10, 2018, 01:22:41 PM |
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If the company and management of bitcoin banned, there will be no more bitcoin that will operate in your country since the government prohibits them to operate. All transactions that made bitcoi will be only offered to the countries who do not banned their services.
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Botnake
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February 10, 2018, 03:04:59 PM |
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If the company and management of bitcoin banned, there will be no more bitcoin that will operate in your country since the government prohibits them to operate. All transactions that made bitcoi will be only offered to the countries who do not banned their services.
it's not the company or management who will ban bitcoin, those who have the right to ban are only those who have the power to create a law When there is now law that will make us liable when using bitcoin then it will surely continue to increase, that is how the law work and I would not think that the government will ban bitcoin when it's very useful to us. |
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BlasterS
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February 15, 2018, 02:18:11 PM |
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If the company of bitcoin was banned in the country then there will have no authority to operate in that such country.
All transactions that they made will consider by the government as a illegal activity; therefore they should not do that to avoid the cases that will sue to them incase they do that.
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Gulayman
Member
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Activity: 173
Merit: 10
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February 15, 2018, 02:25:39 PM |
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We may lose a few community members a long the way but it would not be a big deal because we probaby would have lost them anyway. The rest would get smarter.
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