BTC Ban

[shinratensei_]

What will cause a government to ban bitcoin in the country?

The risk for their civilians, The bitcoin is not having strong legal aspects ( i mean the law aspect to defend its investors such as the insurance).

In what circumstances will that be justified by the government?

If the government can give a direct intervention to defend his civilians / Legal helped.

And how can government actually ban bitcoin? I mean they can ban people selling or buying stuff with bitcoin in the country, can they actually ban people from holding bitcoin?

Actually, they can't.

If the government found out that many people using bitcoin for purchasing illegal things or doing illegal transaction then the government has the right to ban the coin,

Fiat money is used for the exact same thing, do they ban money ? That's not a reason I guess

Their reason will be aiming on the law and regulation of its government currency.

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[maydna]

What will cause a government to ban bitcoin in the country? In what circumstances will that be justified by the government?
And how can government actually ban bitcoin? I mean they can ban people selling or buying stuff with bitcoin in the country, can they actually ban people from holding bitcoin?

i think people can not use bitcoin in public area and we can not see offline store that available to accept bitcoin for the payment but i am sure that people which is using bitcoin will search another way so they can still using bitcoin without government known. maybe government can only ban from using bitcoin but they can not close the purpose of people with using bitcoin except government is trying to close blockchain with many ways.

[aso118]

The Government will try to ban Bitcoin when they have a competing altcoin. They would love people to use e-money so that all transactions can be tracked and they can play big brother. Until then, they will just tolerate Bitcoin.

[bL4nkcode]

There are so many threads out there in this board that has the same topic like this, the same questions with different phrases and different words used but the same idea. And they are answered already by different members here also. You are sr.member right? and you know how to read and use the searched function of this forum?. Example of thread is
What would happen if BTC was Banned?
https://bitcointalk.org/index.php?topic=1294465.0 and not only this thread but there are 3-6 threads related to this.

[rickadone]

All people deserve internet freedom, and banning bitcoin at this point of time is almost equal to banning internet freedom.

Well I think they will not ban bitcoin without a just reason. And freedom does not mean do anything, it comes with limitations and responsibility.

I don’t think a ban on bitcoin is very practical. It definitely won’t stop it’s use. It will just go underground and can’t be used at the corporate level. I mean even if your in a communist country like Russia or North Korea and the block access to websites outside the country you can still get around them very easily with a VPN. I don’t see a reason for a ban on the currency either. If a government doesn’t like it, they don’t need to implement it.

[Clement Kaliyar]

Bitcoin is a big virtual currency, it affects the economy of a country i suppose they ban bitcoin because they worry for their country, most countries ban bitcoin since it was just At that time, people have not noticed its effect, so they worry it will ruin the economy in their country. However, the opposite happened, bitcoin brings a great profit for everyone. Countries using free bitcoin always grow, though bitcoin has many bugs, but it has shown us its potential. So, it will not be permanently banned in countries, it's just a temporary rule, I believe that right.

Let me clear the misunderstanding here,bitcoin as a protocol does not have any bugs but it needs some technical updates with more users and coming into it to manage each and every transactions you need some upgrades and that does not mean that it does have any bugs,its completely different,BU who is on the other hand trying to take over the core does have many bugs and no one takes them seriously now that they proved that they are not that competent enough with the bugs it had.According to the government banning bitcoin they could ban exchanges running in a country but to ban the protocol they have to ban internet.

[bitcoindusts]

What will cause a government to ban bitcoin in the country? In what circumstances will that be justified by the government?
And how can government actually ban bitcoin? I mean they can ban people selling or buying stuff with bitcoin in the country, can they actually ban people from holding bitcoin?

Ignorance will cause the government to ban Bitcoin.  And it will be justified in whatever circumstances they wanted, they rule the country, so definitely they have the power to tell it is justified even though it is not since the ignorance.  Though they can ban it through restriction of exchanges, they cannot totally ban the network of Bitcoin just like torrents.

[taxmanmt5]

Some countries already banned bitcoin, but still government cannot handle the people's mind on using it especially they cannot manipulate the web so far, so I guess it does not matter if the bitcoin is banned to some other countries.

[Snorek]

What will cause a government to ban bitcoin in the country?

Bitcoin is usually banned by nations with weak economy or authoritarian/totalitarian government.
Examples: Ecuador, Vietnam, BTC was banned briefly in Russia (not anymore).

In what circumstances will that be justified by the government?

The government usually claims that the only legal tender is state-run currency and every other payment method is illegal and harmful for the state.
Bitcoin ban is all bark and no bite, as long as there is internet access government can't really prevent people from using BTC.

[Wind_FURY]

Governments can ban bitcoin or make it illegal but there is no concrete way to actually stop us from using it. Maybe it will be harder for us to exchange it to fiat because exchanges will be shutdown but there are still other ways. They can never really stop this.

This I agree with. There is nothing that can stop Bitcoin now. It is like a pandora's box. Once you open it you cannot put it and close it back in.

The situation in China is a very good example of how uncensorable and how Bitcoin cannot really be banned. Like bamboylee said, the government will make it hard to convert to fiat.

[chaser15]

What will cause a government to ban bitcoin in the country? In what circumstances will that be justified by the government?
And how can government actually ban bitcoin? I mean they can ban people selling or buying stuff with bitcoin in the country, can they actually ban people from holding bitcoin?

Causes? There are lots. Just researched on a countries that bitcoin is being banned and find a specific country. I will assume the cause will be included there.

But it doesn't mean that people there will not able to use or hold bitcoin. If bitcoin related site like exchanges can be accessed in the country where bitcoin is banned, then people there can still use bitcoin. It will just give them a hassle way when converting it to fiat since everything will be done under the table because it's prohibited.

[ekoice]

What will cause a government to ban bitcoin in the country? In what circumstances will that be justified by the government?
And how can government actually ban bitcoin? I mean they can ban people selling or buying stuff with bitcoin in the country, can they actually ban people from holding bitcoin?

If some countries find any of their citizens using bitcoins for illegal activities,then they may take a decision to ban bitcoins.But banning will not give them the desired results.For that reason only,Russia and china dropped their idea of banning bitcoins.Bitcoin couldnot be banned unless internet is banned.

[eternalgloom]

I don't know if governments could actually punish every user when they ban Bitcoin.
I'd like to compare it with torrents, Germany for example is doing a pretty decent job prosecuting users that illegally share material, so I think it might have a big effect if multiple countries went about it the same way as Germany does with torrents.

A lot of people would still be able to do it ofc, but it serves as a decent deterrent, so the price would go down I believe.

[Yakamoto]

What will cause a government to ban bitcoin in the country? In what circumstances will that be justified by the government?
And how can government actually ban bitcoin? I mean they can ban people selling or buying stuff with bitcoin in the country, can they actually ban people from holding bitcoin?

i think people can not use bitcoin in public area and we can not see offline store that available to accept bitcoin for the payment but i am sure that people which is using bitcoin will search another way so they can still using bitcoin without government known. maybe government can only ban from using bitcoin but they can not close the purpose of people with using bitcoin except government is trying to close blockchain with many ways.

All banning Bitcoin does is force exchanges a bit more underground and it makes it harder for the average person to do anything with it. However, in the event that the average person has enough money they want to get out of Bitcoin, regardless of the laws, it's possible for them to do so. They just end up being a bit more clandestine about it.

Banning Bitcoin is wholly ineffective for stopping anything of importance. It just becomes an inconvenience for normal people, typically.

[Janation]

I think they can, Gobeenments can ban bitcoin into their country when these digital currency is cauing a harm or maybe it is a reason of big illegal activities to be on action. Bitcoin is free and you can do whatever almost that you want to do, but the thing is, it is also a good way to pay or sell something that is illegal and the government will never knew it because they are not the authority that control bitcoin, the users are. If these kind of activities are being abused by the people of ones country, the government will be banning it for good.

[Wind_FURY]

I think they can, Gobeenments can ban bitcoin into their country when these digital currency is cauing a harm or maybe it is a reason of big illegal activities to be on action. Bitcoin is free and you can do whatever almost that you want to do, but the thing is, it is also a good way to pay or sell something that is illegal and the government will never knew it because they are not the authority that control bitcoin, the users are. If these kind of activities are being abused by the people of ones country, the government will be banning it for good.

They can ban Bitcoin. The problem is if they can enforce it. It is the same with downloading movies illegaly from torrent sites. It is illegal and you can be made to pay hefty fines if caught and charged. But can the government really stop it?

[alexsandria]

I think they can, Gobeenments can ban bitcoin into their country when these digital currency is cauing a harm or maybe it is a reason of big illegal activities to be on action. Bitcoin is free and you can do whatever almost that you want to do, but the thing is, it is also a good way to pay or sell something that is illegal and the government will never knew it because they are not the authority that control bitcoin, the users are. If these kind of activities are being abused by the people of ones country, the government will be banning it for good.

They can ban Bitcoin. The problem is if they can enforce it. It is the same with downloading movies illegaly from torrent sites. It is illegal and you can be made to pay hefty fines if caught and charged. But can the government really stop it?

I don't think that governments can stop bitcoin since people can still access it as bitcoin is still standing. They can only ban it if it gets down however it is impossible since the market of bitcoin is huge and I don't see any reason to shut it down.

[szpalata]

Some countries already banned bitcoin, but still government cannot handle the people's mind on using it especially they cannot manipulate the web so far, so I guess it does not matter if the bitcoin is banned to some other countries.

That's true since the governments cannot turn off Internet globally they've actually lost control over the usage of Bitcoin because no matter the ban people will still use it in the underworld and that will even hike it's prices and will gain more popularity.

[Chikito]

government may take into account the tax for purchases with bitcoin, this calculation is so difficult, that the micro-economic calculations very difficult to calculate, assuming this is what makes some countries refuse to use transactions with bitcoin.

[Sadlife]

The reason they're banning bitcoin is they dont want an decentralized virtual coin they can't control and their people.
What they want is their centralized and over regulated fiat currency to be used by the people so they can manipulate them with taxes and debt, loans.