What would happen if BTC was Banned?

[Adrorecia]

I do not think there will change a lot because people will still use it and they cannot stop us without any doubts.
Another fact is that its anonymous so it would also not be a problem too.

[Renioctib]

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?

1/ There'd be a lot of laughter and popcorn sales. 2/ As per 1/. 3/ Nothing better than laughter and popcorn, no solution required.

[ajun96]

Actually bitcoins are already banned in some countries, or at least was banned, for example Russia, people still used bitcoins even if they were punished for doing that

yeah true what you say that there are many states that prohibit bitcoin. but you could see that the country actually has a lot of users so I think it will not effect for the user's own bitcoin, bitcoin system are anonymous after all, users will be safe

[rozee]

If bitcoin banned, i will move on with new payment processor
which is better, not banned and low fees lol
but some country already ban bitcoin but i think bitcoiners still use it with use other countries VPN 

[blackmachinegun]

Actually bitcoins are already banned in some countries, or at least was banned, for example Russia, people still used bitcoins even if they were punished for doing that

I think the true bitcoin prohibited even though it will not dampen the desire of users to continue to use bitcoin, the government will not be able to imprison bitcoin users, they will not be able to track you so fixed was calm and continue to use bitcoin

[Indrawan77]

If all of the government declared bitcoin into illegal i think it will be the end of the bitcoin and other crypto currencies, it will be difficult to asked the user to hold on because when it is banned in the whole world the value will become 0 and it will be a useless coin

[Harlot]

If all of the government declared bitcoin into illegal i think it will be the end of the bitcoin and other crypto currencies, it will be difficult to asked the user to hold on because when it is banned in the whole world the value will become 0 and it will be a useless coin

It is simple for the Government to make bitcoin useless, they can come after all the wallets holding Bitcoin. By doing that you cut the source on way you store your bitcoin. Also making Bitcoin not usable anymore not unless they develop a new kind of wallet where storing bitcoin is secure and untraceable. I guessed  that will be the end of bitcoin if that thing happened.

[JeffBrad12]

Actually bitcoins are already banned in some countries, or at least was banned, for example Russia, people still used bitcoins even if they were punished for doing that

You need for updating about the latest news, i think rusia are already allowing bitcoin in ther country and the another worst thing beside of the banning bitcoin are like russian are wanna for making a regulate for the bitcoin and trying for erasing the anonymity's characteristic of bitcoin.

[Piltover]

It still would be used because its a currency that never will disappear, they cannot stop the bitcoin.
The bitcoin is already too big and it will not get stopped if it got banned..

[rik3]

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?

If it Really Happens Then All the Users of Bitcoin Will Sell Their Coins and No One Will Buy Bitcoin Again And Then Bitcoin is a Dumb Coin.....
It Will Disappear From the Internet But I Don't think that It will Happen.....

[Oilacris]

Actually bitcoins are already banned in some countries, or at least was banned, for example Russia, people still used bitcoins even if they were punished for doing that

Some countries  banned  bitcoin for some  reasons and  they saw it as  a threat on their  economy and by  other means but still   people  would surely use it  even though it was  banned on their country we cant really stop people   on using it even though  its  prohibited  on a certain country.

[Ryananda]

Yes if it happens will definitely be very difficult to use bitcoin. In some countries bitcoin is already banned but there are some oang who use it, I do not know how he is using bitcoin while in the country is forbidden. Clearly it would disrupt the development of bitcoin.

[MaritiJames3]

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?

If bitcoin would be banned then I guess that I have no use for the bitcoin that I have saved up, that would make me mad because I have used my own money to get them.
Then all this has been for nothing and I would never have anything to do with crypto currencies.

[RodeoX]

Let's find out if it can be banned!

Ok guys, bitcoin if now banned!!!!!!! No more using it. I mean it guys, stop using it or else!

Hey, I see on block explorer that many transactions are still happening. Didn't you hear me? STOP USING BTC! I banned it and now you can't use it anymore.

S#!t, another block! WTF I banned it and you simply must obey! STOP STOP STOP it !!!! Waaaaa



Guess not 

[lionheart78]

I think i will follow my country.  If the government banned it and followed by full scale tracking of people using it, I can say it will affect majority of the users.  Unless a person is ok with working underground.  They will stop using bitcoin because of fear of being jailed by using it.  Banning without penalty will simply make the users of bitcoin laugh at that policy, but with penalty then most of us will stop. One thing for sure, people who are involved in illegal activities won't stop.

[Mark02]

I think i will follow my country.  If the government banned it and followed by full scale tracking of people using it, I can say it will affect majority of the users.  Unless a person is ok with working underground.  They will stop using bitcoin because of fear of being jailed by using it.  Banning without penalty will simply make the users of bitcoin laugh at that policy, but with penalty then most of us will stop. One thing for sure, people who are involved in illegal activities won't stop.

Yeah. Same for me. I don't want to have a record on a police just by disobeying the rules of the Government. But, maybe I will try to work underground since I have that knowledge to enter that place. But, since the Government lets us from what we are doing now. Lets not make it use in illegal ways so that they don't have to ban us from using it. Now in terms of the users who are using it illegally. I think they won't stop, they will just find a way to hide their identity and continue using that even though it is illegal.

[mrcash02]

If the government gives us decent opportunities to live and is a legit and trustful government I won't complain about it.

Otherwise, I would at least try to make them reverse this rule and make BTC allowed again with a group of people with the same interest.

[Shenzou]

Bitcoin gets banned adds more value to it becomes more expensive 

[passwordnow]

If the government gives us decent opportunities to live and is a legit and trustful government I won't complain about it.

Otherwise, I would at least try to make them reverse this rule and make BTC allowed again with a group of people with the same interest.

So you are going to create a political just to make bitcoins allowed by the government again. Count me in if the government will ban bitcoin, but I don't think so that this is going to happen because instead of banning it. What they are going to do is use bitcoin and add some tax and they will earn from it, so why they will ban.

[bL4nkcode]

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?

All government in the world? I guess it will never happen some of them use bitcoin as a hidden transaction to those have illegal businesses. But if it happens, I will continue using it, no one can force me to stop it using bitcoin as long it still there.