Shenzou
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November 20, 2016, 09:42:54 AM |
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In my country people don't even know what bitcoin is and the one that do know are so few so the chances of bitcoin becoming illegal in my country is so small so until they discover what bitcoin is i still have a long time to use it and when they make it illegal i will either be rich from selling it or dead
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requester
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November 20, 2016, 09:55:15 AM |
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No i will quit it because I had loosed and losses and hardly had benifited form it. All total i had loosed around $160 and i can afford to gather that much amount again. So I had decided to quit bitcoin if government bans it.
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hase0278
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November 20, 2016, 10:18:36 AM |
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There's a little chance that bitcoin will be made illegal here in our country since there's many users here but if it will happen I will still use it. I will just need to find a way to convert it conveniently to fiat and of course If ever I can't convert it into fiat, ill just use it to buy items or use services that gives virtual credit card to bitcoin users. That way I can still use it.
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Velkro
Legendary
Offline
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Merit: 1014
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November 20, 2016, 10:41:22 AM |
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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?
Of course i would, Bitcoin is international, its internet based, so country rules doesnt apply to average person. It could only affect businesses based on bitcoin somehow but not regular usage.
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BossMacko
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November 20, 2016, 11:00:33 AM |
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Yes i will still use Bitcoin because i know i am anonymous with Bitcoin, The government will have a hard time to trace each user who uses Bitcoin. As long as i am earning using Bitcoin i will still use it in any cause.
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Aamir1
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November 20, 2016, 11:08:01 AM |
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Yes, I would still use bitcoins even if government bans it because I am an honest and loyal user of bitcoins and I love it because of its decentralization and not being watched by anyone, controlling all my finances on my own which gives me higher privileges and makes me feel like a King.
We all have the same feelings, but when it comes on crime, none of us would like to go to prison for just using a digital currency which was providing a financial freedom for us. If the government announces that anyone using bitcoin would be taken to prison then i'm sure you will think twice before doing that then.
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Positid
Sr. Member
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Offline
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BULL RUN until 2030
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November 20, 2016, 11:30:14 AM |
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Yes, I would still use bitcoins even if government bans it because I am an honest and loyal user of bitcoins and I love it because of its decentralization and not being watched by anyone, controlling all my finances on my own which gives me higher privileges and makes me feel like a King.
We all have the same feelings, but when it comes on crime, none of us would like to go to prison for just using a digital currency which was providing a financial freedom for us. If the government announces that anyone using bitcoin would be taken to prison then i'm sure you will think twice before doing that then. Bitcoin has a lot of benefits we can enjoy but we should choose those kind of benefits that will not compromise our future, we know that illegal activities has bigger risk and if we decide to do that we have to expect anytime we will be caught. Bitcoin is freedom but the moment you use it for illegal activities you will not enjoy freedom because you are afraid of being caught.
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Babayega31
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November 21, 2016, 02:19:54 AM |
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Yes, I would still use bitcoins even if government bans it because I am an honest and loyal user of bitcoins and I love it because of its decentralization and not being watched by anyone, controlling all my finances on my own which gives me higher privileges and makes me feel like a King.
We all have the same feelings, but when it comes on crime, none of us would like to go to prison for just using a digital currency which was providing a financial freedom for us. If the government announces that anyone using bitcoin would be taken to prison then i'm sure you will think twice before doing that then. Bitcoin has a lot of benefits we can enjoy but we should choose those kind of benefits that will not compromise our future, we know that illegal activities has bigger risk and if we decide to do that we have to expect anytime we will be caught. Bitcoin is freedom but the moment you use it for illegal activities you will not enjoy freedom because you are afraid of being caught. I will still use bitcoin if government imposed illegalities on btc using. For me this bitcoins can be illegal if someone use it for illegal transactions this might not be banned for illegal reason but there will be strong screening in the future to those who use bitcoin specially those who trades altcoins. If ever they make this illegal i'll keep using this in order to be legal for those who use this for good and not for bad reason and if that happens there will be an appeal to legallize the bitcoin to all who is qualified.
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_Miracle
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November 21, 2016, 04:10:53 AM |
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Just the idea that someone would risk jail time for a payment system is kind of looney. If the government said you would get five years in a federal prison (no parole) would you risk using PayPal? ApplePay? M-Pesa? Google Wallet? WePay? Braintree? Skrill? I understand they are different from Bitcoin but they are still just value transfer systems.
You're all making Bitcoin sound more like a sinister cult than a Peer-To-Peer Electronic Cash System.
Executive Order 6102 https://en.wikipedia.org/wiki/Executive_Order_6102If I were a citizen at that time I may have blindly obeyed. But as time has gone on, we have learned that: all laws that are passed may not be in line with our personal freedoms. And I live in a "free country". I don't think I'd easily give up my metals or bitcoin or internet or the freedom to challenge my government. The thought of handing over years of my life to defend my ideal of freedom is not appealing but not entirely out of the question.
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There 'used' to be more truth in forums than anywhere else. Twitter: @cryptobitchicks Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?" INTJ-A
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Text
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November 21, 2016, 05:56:22 AM |
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I will still use bitcoin if government imposed illegalities on btc using. For me this bitcoins can be illegal if someone use it for illegal transactions this might not be banned for illegal reason but there will be strong screening in the future to those who use bitcoin specially those who trades altcoins. If ever they make this illegal i'll keep using this in order to be legal for those who use this for good and not for bad reason and if that happens there will be an appeal to legallize the bitcoin to all who is qualified.
One of the reason why they make bitcoin anonymous because of illegal activities like purchasing drugs and weapons in black market, it has advantages and disadvantages. It is up to the users where and how he will use it, for what purpose. So I hope it will not be banned here in our country because I am taking advantage using this, very helpful and useful especially in terms of transaction.
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| | | | | | | ███▄▀██▄▄ ░░▄████▄▀████ ▄▄▄ ░░████▄▄▄▄░░█▀▀ ███ ██████▄▄▀█▌ ░▄░░███▀████ ░▐█░░███░██▄▄ ░░▄▀░████▄▄▄▀█ ░█░▄███▀████ ▐█ ▀▄▄███▀▄██▄ ░░▄██▌░░██▀ ░▐█▀████ ▀██ ░░█▌██████ ▀▀██▄ ░░▀███ | | ▄▄██▀▄███ ▄▄▄████▀▄████▄░░ ▀▀█░░▄▄▄▄████░░ ▐█▀▄▄█████████ ████▀███░░▄░ ▄▄██░███░░█▌░ █▀▄▄▄████░▀▄░░ █▌████▀███▄░█░ ▄██▄▀███▄▄▀ ▀██░░▐██▄░░ ██▀████▀█▌░ ▄██▀▀██████▐█░░ ███▀░░ | | | | |
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noictib
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November 21, 2016, 06:03:27 AM |
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I will still use bitcoin if government imposed illegalities on btc using. For me this bitcoins can be illegal if someone use it for illegal transactions this might not be banned for illegal reason but there will be strong screening in the future to those who use bitcoin specially those who trades altcoins. If ever they make this illegal i'll keep using this in order to be legal for those who use this for good and not for bad reason and if that happens there will be an appeal to legallize the bitcoin to all who is qualified.
One of the reason why they make bitcoin anonymous because of illegal activities like purchasing drugs and weapons in black market, it has advantages and disadvantages. It is up to the users where and how he will use it, for what purpose. So I hope it will not be banned here in our country because I am taking advantage using this, very helpful and useful especially in terms of transaction. I am not satisfied with you at all because many of the sites which are related to bitcoin will be ban and further if you will use Bitcoin through change of ip adress , then you will be catch by government again because it is not simple to deceive the government securities . All over if once you catched by the government then you will never can use BITCOIN in your whole life .
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Mr. Big
Member
Global Moderator
Legendary
Offline
Activity: 2380
Merit: 1179
While my guitar gently weeps!!!
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November 21, 2016, 06:19:04 AM |
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I will still use bitcoin if government imposed illegalities on btc using. For me this bitcoins can be illegal if someone use it for illegal transactions this might not be banned for illegal reason but there will be strong screening in the future to those who use bitcoin specially those who trades altcoins. If ever they make this illegal i'll keep using this in order to be legal for those who use this for good and not for bad reason and if that happens there will be an appeal to legallize the bitcoin to all who is qualified.
One of the reason why they make bitcoin anonymous because of illegal activities like purchasing drugs and weapons in black market, it has advantages and disadvantages. It is up to the users where and how he will use it, for what purpose. So I hope it will not be banned here in our country because I am taking advantage using this, very helpful and useful especially in terms of transaction. I am not satisfied with you at all because many of the sites which are related to bitcoin will be ban and further if you will use Bitcoin through change of ip adress , then you will be catch by government again because it is not simple to deceive the government securities . All over if once you catched by the government then you will never can use BITCOIN in your whole life . There are two scenarios that I am thinking on how government will act to this, 1. They would ban bitcoin, all its sources from entering such country and have no problem to answer... 2. Won't ban it but if they caught you using bitcoin, imprisoned you long and your bitcoin will belong to the lost bitcoin... In the two option, if I am from the government, I would choose the first one, lesser burden and its like cutting the source of the problem... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Yuuto
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November 21, 2016, 07:03:58 AM |
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I will still use bitcoin if government imposed illegalities on btc using. For me this bitcoins can be illegal if someone use it for illegal transactions this might not be banned for illegal reason but there will be strong screening in the future to those who use bitcoin specially those who trades altcoins. If ever they make this illegal i'll keep using this in order to be legal for those who use this for good and not for bad reason and if that happens there will be an appeal to legallize the bitcoin to all who is qualified.
One of the reason why they make bitcoin anonymous because of illegal activities like purchasing drugs and weapons in black market, it has advantages and disadvantages. It is up to the users where and how he will use it, for what purpose. So I hope it will not be banned here in our country because I am taking advantage using this, very helpful and useful especially in terms of transaction. I am not satisfied with you at all because many of the sites which are related to bitcoin will be ban and further if you will use Bitcoin through change of ip adress , then you will be catch by government again because it is not simple to deceive the government securities . All over if once you catched by the government then you will never can use BITCOIN in your whole life . There are two scenarios that I am thinking on how government will act to this, 1. They would ban bitcoin, all its sources from entering such country and have no problem to answer... 2. Won't ban it but if they caught you using bitcoin, imprisoned you long and your bitcoin will belong to the lost bitcoin... In the two option, if I am from the government, I would choose the first one, lesser burden and its like cutting the source of the problem... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nobody can ever ban bitcoin successfully. They can put restrictions around the trading of bitcoin, sure, but they can never ever successfully ban the bitcoin network because of its P2P network. You have to shut down all the users to shut down the network. It's not like Facebook. And the governments are already tightening their grips on bitcoin in areas of the world. And it's clearly not deterring people.
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Daneric
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November 21, 2016, 09:24:00 AM |
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Bitcoin will still be used whether governments ban it or not. For instance, as we speak, my government has not allowed bitcoin to be used and even placed a public disclaimer to those using bitcoin. Notwithstanding, bitcoin is used here on a large scale. Therefore I don't think the government can put a stop to bitcoin use.
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Xester
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November 21, 2016, 11:38:44 AM |
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Yes, I would still use bitcoins even if government bans it because I am an honest and loyal user of bitcoins and I love it because of its decentralization and not being watched by anyone, controlling all my finances on my own which gives me higher privileges and makes me feel like a King.
I agree with you! If bitcoins made illegal by the government, i will still keep on using bitcoins. Government will not help me in my financial freedom but bitcoins do. besides since bitcoins will not easy to locate, i can still use bitcoins. and i think even now, many users are using bitcoins in their illegal activities, we never know.
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Juggy777
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November 21, 2016, 11:48:25 AM |
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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 would use it, cause I see nothing wrong in using Bitcoin. They are not effecting my country growth or I am not hiding money of my local currency. The government should have no problem with Bitcoin, until people are hiding their money then yes they should fear it. But so far no country has done it so I don't think it will happen. As and when it will, people will figure a way out, they always do. So we will get help here 😂
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Sir Legend
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November 21, 2016, 11:56:05 AM |
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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.
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mastica
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November 21, 2016, 01:34:45 PM |
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This reminds me the question of legaliza drugs, sometime ago people asked to that be allowed, atleast some drugs, but looks like they forgot those and didnt touch it anymore. If the government does ban and make heavy restrictions into bitcoin, this will result into a huge interest over bitcoin, the same way that happens with drugs, being harder to trace who is using or buying or selling bitcoin.
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South Park
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November 22, 2016, 10:03:35 PM |
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i don't think so , even there is ban regulated by government , it will not provide a big effect to bitcoin price in long term ,
The fact that the government is banning bitcoin, it means that country people are forbidden to use or transact with bitcoin. This will have a great effect in the bitcoin economy since this country's merchant is automatically not accepting bitcoin as one of the payment in their store. So for example, China bans bitcoin and strictly implemented the law. Automatically all the hashes from china will stop, people from China that once supporting and participating in bitcoin economy will need to look for another alternative. Now figure out how much of the base user of bitcoin will stop using it when bitcoin is banned in countries like China, US etc. China has a major impact on Bitcoin for sure, but that doesn't mean Bitcoin has no future when China puts a total ban on Bitcoin. If they had such an intention, they would have done it already. Also, don't forget that the mining farms there for a major part are in the hands of outside-China investors. Everything will be moved to a different country with equal terms and electricity rates. But yes, at the time it happens, the price will lose a huge percentage of its value in a matter of 24 hours as result of a massive wave of panic blood flowing in the markets. I can't even imagine what will happen when the USA is going to do that as well. But then again, this is nothing more than a science fiction scene in a movie. While it has not happened and maybe never will it is still useful to discuss this since in ht event something like that happened we will have a lot more knowledge about what we may try to do in that particular scenario.
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diegz
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November 23, 2016, 05:32:28 AM |
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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.
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