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Question: If Bitcoin was made illegal by your government and the punishment was very bad would you still use it, would you still support it?  (Voting closed: December 25, 2016, 01:05:03 AM)
yes - 111 (63.8%)
no - 21 (12.1%)
not sure - 35 (20.1%)
other - 7 (4%)
Total Voters: 174

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Author Topic: If Bitcoin was made illegal by your government would you still use it?  (Read 16741 times)
South Park
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November 25, 2016, 08:24:02 PM
 #381

Problem is Bitcoin needs good publicity because it wants to get socially accepted, sure it can't be stopped, but government and mass media can make it scary enough so that people won't use it.

Bit Torrent either can't be stopped, but it never had the will to get socially accepted.

Obviously we will need a new financial crisis for people to actually need Bitcoin regardless of what their governments says...

Ask the people of Cyprus, i think they understand pretty well why they do need a decentralized currency https://www.theguardian.com/world/2013/mar/25/cyprus-bailout-deal-eu-closes-bank
Bitcoin really needs some good publicity as majority of people still do not know anything about bitcoin, they still need a proper guidance to start using bitcoin, and as soon as the number of bitcoin users are increasing bitcoin will become more and more stronger, through this way, government will also get pressure and they will start thinking about accepting bitcoin as legal and official currency.
I think the best publicity is yet to come when bitcoin begins to reach 1k again with the difference the price this time will hold in place and not crash like the last time some people will see this and the process fros the massive adoption of bitcoin will begin in my opinion that is the only way bitcoin can reach the people by showing the qualities that make it the best currency available at the moment.

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markyminer
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November 25, 2016, 10:24:13 PM
 #382

Until now, my government still banned bitcoin. I don't know when this happens will be end. If bitcoin approve, I sure make new opportunities.

In what country do you live? I think your government doesn't even know that you are in bitcoins. So you can just simply earn bitcoins while the government is not going to know it. Because Russia way back few months ago, they banned bitcoin after months again they removed the ban for the usage of bitcoin and now people who are using bitcoins there are now happily using bitcoin.

If the government ban something, there are two reasons, first, they know that the thing is illegal, second, they have no knowledge about it and thinks that it is also illegal. With regards to banning, I think I won't use anything that the government is going to prohibit as long as there is a good explanation to it. So if they are going to ban bitcoin, they better have a good explanation and I will lawfully obey.
But I think if a country bans bitcoin then it is showing its hand very clearly, since bitcoin is not like drugs, a government will ban bitcoin for a simple reason because they are unable to control it, and they are afraid of it.
but lucklyh still not a single country has done so, and hope that even in future they are not going to banned bitcoin, but if they take such step about bitcoin still people will find ways for using it but not going to stop using bitcoin in any case.

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November 25, 2016, 11:56:51 PM
 #383

First of all my government is not against bitcoin and are good with it but in cases if my government will make the use of it as illegal then it will be very hard for me to use it but if I will need it in extreme cases then I will try to use those means of its use which will not show my identity like I will use anonym places to use bitcoin and will not register on those wallets and exchanges where I will have to provide my identity.
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November 26, 2016, 06:54:35 AM
 #384

First of all my government is not against bitcoin and are good with it but in cases if my government will make the use of it as illegal then it will be very hard for me to use it but if I will need it in extreme cases then I will try to use those means of its use which will not show my identity like I will use anonym places to use bitcoin and will not register on those wallets and exchanges where I will have to provide my identity.
Well, that's a good news but that decision is not permanent, if they see that there's a rampant illegal transaction involving the use of bitcoin, they might make necessary measures to strengthen the law or possibly ban bitcoin. I don't know, I am just saying all the possibilities.
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November 26, 2016, 07:03:55 AM
 #385

First of all my government is not against bitcoin and are good with it but in cases if my government will make the use of it as illegal then it will be very hard for me to use it but if I will need it in extreme cases then I will try to use those means of its use which will not show my identity like I will use anonym places to use bitcoin and will not register on those wallets and exchanges where I will have to provide my identity.
Well, that's a good news but that decision is not permanent, if they see that there's a rampant illegal transaction involving the use of bitcoin, they might make necessary measures to strengthen the law or possibly ban bitcoin. I don't know, I am just saying all the possibilities.
If government will see such situations they will surely ban bitcoin and impose restrictions regarding on using it but well as we all know even bitcoin is banned on a particular country the possibilities on accesing it is still available and we could really use it without the notice of the government thats why its somehow useless if they implement this kind of law on banning bitcoin.People will surely use it no matter what, they can always use tor and VPN services.

South Park
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November 26, 2016, 04:06:34 PM
 #386

First of all my government is not against bitcoin and are good with it but in cases if my government will make the use of it as illegal then it will be very hard for me to use it but if I will need it in extreme cases then I will try to use those means of its use which will not show my identity like I will use anonym places to use bitcoin and will not register on those wallets and exchanges where I will have to provide my identity.
Laws and public policy can change very rapidly specially when there is economic and political turmoil as is the current situation in the world, so if you can take those measures right now that way if in your country bitcoin gets banned you will not be identified as a bitcoin user.

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November 27, 2016, 02:02:32 AM
 #387

I will continue to use bitcoin no matter ehst any government says. I can decide how I want to trade anyway I see fit its not up to anyone else but me. I stand against such "laws" the only reason for it is the government oukd feel threatened and it will be about freed and controlling where people spend their money and how they are paid.

I would eventually leave the country as well.
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November 27, 2016, 05:22:20 PM
 #388

I will continue to use bitcoin no matter ehst any government says. I can decide how I want to trade anyway I see fit its not up to anyone else but me. I stand against such "laws" the only reason for it is the government oukd feel threatened and it will be about freed and controlling where people spend their money and how they are paid.

I would eventually leave the country as well.
And what if this was a world wide ban? Similar to what happened to drugs. Where you could go? Would you keep holding bitcoin? I ask this questions because I think if there is a ban on bitcoin is going to be global.

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November 27, 2016, 05:31:07 PM
 #389

Bitcoin does represent people, and we are free to choose what we wanna, and speak as long it doesnt offends the other person. I dont like some rules and restriction about what you can do with fiat, that makes bitcoin more and more atractive, i wont stop using bitcoin because the politicians say its a problematic currencie or ponzi.


funny how they use ponzi scheme on the things they disagree with.  If you look at the trading industry, it is one big ponzi scheme.  People buy the stock, then sell it to another people in a higher price.  The first person will get his profit from the second person and so on. That is trading with profit.  Isn't it a big ponzi scheme itself?  Why not address the trading as a whole and not point in Bitcoin only.

Code:
Pon·zi scheme
ˈpänzē ˌskēm/
noun
a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the first
 investors from money invested by later investors.


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November 28, 2016, 02:17:25 PM
Last edit: November 28, 2016, 02:29:41 PM by upsidedown75
 #390

I think the best publicity is yet to come when bitcoin begins to reach 1k again with the difference the price this time will hold in place and not crash like the last time some people will see this and the process fros the massive adoption of bitcoin will begin in my opinion that is the only way bitcoin can reach the people by showing the qualities that make it the best currency available at the moment.
To me the most important is that the number of bitcoin users should be increased, as the price of bitcoin is struggling to go up so we need to spread up awareness of bitcoin. Also, if we want to make bitcoin more reliable and trusted, the number of bitcoin users must be increased. And it can only be done if we introduce bitcoin to more number of the new people.

If more number of people will be using bitcoins, any government will afraid to declare bitcoin as illegal.
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November 28, 2016, 02:45:19 PM
 #391

If Bitcoin was made illegal by your government and the punishment was very bad, would you still use it, would you still openly support it?

i will still use it. in my opinion not happened the punisment was very bad because bitcoin is not criminal things..
Government needs to know that bitcoin is very helpful for each user
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November 28, 2016, 02:50:00 PM
 #392

I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans
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November 28, 2016, 02:51:44 PM
 #393

It is very difficult to answer this question, I think the government is unlikely to make my country Bitcoin illegal, but if it happened, I would have tried to somehow support his legal manner.
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November 28, 2016, 02:54:36 PM
 #394

I wouldn't because I don't want to be involved in such things that can affect me in some way, so I prefer not doing that but a lot of people would. Why? Because they simply do not want to have their rights taken away or they are criminals or something. Bitcoin doesn't affect the economy of our countries in any way for now, it can be easily implemented in lur system (but that would make everything way less anonymous).

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November 28, 2016, 03:01:29 PM
 #395

I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans

Its really a bad news for Europeans since they are serious of banning blockchain products and processes.It may be implemented on 2018 but still a year to go left for those bitcoin users on Europe.Its quiet a big news for me that the government could possibly ban bitcoin on a particular place but i wont still totally believe until that time arrives i would like to see on how they gonna do it.

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November 28, 2016, 03:08:52 PM
 #396

I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans

Its really a bad news for Europeans since they are serious of banning blockchain products and processes.It may be implemented on 2018 but still a year to go left for those bitcoin users on Europe.Its quiet a big news for me that the government could possibly ban bitcoin on a particular place   but  i wont still totally believe until that time arrives i would like to see on how they gonna do it.
Yes, every people know about the media bad news is good news, we can not believe 100% but we must  anticipate about the impact of bad news that they have been created and we must becareful about it.
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November 28, 2016, 03:11:59 PM
 #397

I wouldn't because I don't want to be involved in such things that can affect me in some way, so I prefer not doing that but a lot of people would. Why? Because they simply do not want to have their rights taken away or they are criminals or something. Bitcoin doesn't affect the economy of our countries in any way for now, it can be easily implemented in lur system (but that would make everything way less anonymous).
Well then I guess I'm opposite to you, if the government ever banned bitcoin, I would keep using it and fight for its right. I think it's because I'm not the kind of people that easily accept the rules without any explanations and aren't consistent in thoughts. And bitcoin has somehow become a major part in my life so I wouldn't give up on bitcoin that fast  Grin

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November 28, 2016, 03:12:31 PM
 #398

I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans

Its really a bad news for Europeans since they are serious of banning blockchain products and processes.It may be implemented on 2018 but still a year to go left for those bitcoin users on Europe.Its quiet a big news for me that the government could possibly ban bitcoin on a particular place but i wont still totally believe until that time arrives i would like to see on how they gonna do it.
That is very bad news. Banning of bitcoin on europe has a huge effect on bitcoin. Bitcoin price might get dump.
Or if other country get an idea too to ban bitcoin on their country and spread the ban to the whole world
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November 28, 2016, 03:12:50 PM
 #399

I will use it because i don't use bitcoins for illegal activity, but i don't know what for people come from Europe, because Europe Will Have Power to Ban Blockchain Tech in January 2018.
At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
https://news.bitcoin.com/europe-power-ban-blockchain/
It is bad for Europeans

Its really a bad news for Europeans since they are serious of banning blockchain products and processes.It may be implemented on 2018 but still a year to go left for those bitcoin users on Europe.Its quiet a big news for me that the government could possibly ban bitcoin on a particular place but i wont still totally believe until that time arrives i would like to see on how they gonna do it.

You are judging it completely wrong. No one is saying that they will ban it but that they will have the power to do so . They are also mentioning the warning system. Do, this banning option would probably be considered in the cases of abuse and illegal use. Europe will not bann blockchain or bitcoin.

malaj
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November 28, 2016, 03:48:38 PM
 #400

If Bitcoin was made illegal by your government and the punishment was very bad, would you still use it, would you still openly support it?


obviously, I will use it with VPN.infact,recently  my country banned bitcoin for some reason. But I am using bitcoin with VPN.Because bitcoin is giving me easy way to earn money.I can easily transfer my money at home.So,why should I stop using bitcoin? I won't stop using bitcoin, no matter what is the punishment.
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