guoyu78
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August 12, 2017, 09:10:19 PM |
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No, I believe it is not possible to block bitcoins because its decentralized and people need only connection to get this crypto currency, buy and sell it everytime without any issue.
Yes, f it was possible then I believe it would have already happened somewhere in the world. In this era where technology is advancing day by day, it is impossible to keep people blind and to stop them from dealing with bitcoins. Moreover, to block something you need to own it. But bitcoins have decentralized nature. Apparently it is impossible to stop the storm of this digital currency as far as internet is working.
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GreenBits
Legendary
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August 12, 2017, 09:25:47 PM |
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No, I believe it is not possible to block bitcoins because its decentralized and people need only connection to get this crypto currency, buy and sell it everytime without any issue.
Yes, f it was possible then I believe it would have already happened somewhere in the world. In this era where technology is advancing day by day, it is impossible to keep people blind and to stop them from dealing with bitcoins. Moreover, to block something you need to own it. But bitcoins have decentralized nature. Apparently it is impossible to stop the storm of this digital currency as far as internet is working. Exactly You could use bitcoin in jail if you wanted to, it would just require access to someone on the outside that is willing to make transactions for you. This is the beautiful thing about btc, you are only really trafficking in information. I've known folks behind the Great Firewall that don't have a problem, and no one government has implemented this yet, so it doesn't seem feasible/efficient. The easiest way to restrict bitcoin is to make its conversion to Fiat illegal. It's waaaaay easier to track Fiat ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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stolendata
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 12, 2017, 11:34:43 PM |
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No, I believe it is not possible to block bitcoins because its decentralized and people need only connection to get this crypto currency, buy and sell it everytime without any issue.
Yes, f it was possible then I believe it would have already happened somewhere in the world. In this era where technology is advancing day by day, it is impossible to keep people blind and to stop them from dealing with bitcoins. Moreover, to block something you need to own it. But bitcoins have decentralized nature. Apparently it is impossible to stop the storm of this digital currency as far as internet is working. i do not think it may be so easy to bain bitcoin or stop it in a particular area, because if it was possible the some countries may already done it. but i think it is not possible that they can stop bitcoin in a particular area.
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Sir Cross
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August 13, 2017, 12:46:38 AM |
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Yes I think its possible, the government in a country can choose to have all websites in relation to bitcoin to be blocked. They have the power to do so. They can probably even prevent all exchanges to have bitcoin exchanged to their local currency. A government can declare bitcoin or cryptocurrency as illegal then users will have to find ways to transact under the market and public eye.
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mornabo
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August 13, 2017, 01:09:19 AM |
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In my opinion it is not possible in every country to block bitcoin (or even all crypto) but depending on the state within the government that does not want bitcoin to break in their official currency ( bank )
I think it is impossible for the government to actually prohibit the use of bitcoin, in the sense that making bitcoin is not used by prohibiting, prohibiting could have been applied by the government but bitcoin is decentralized and is on the internet, where no one can intervene
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xaxistech
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August 13, 2017, 01:13:59 AM |
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Bitcoin is blocked in a few countries at the moment, but people can still use it because the governemnt doesnt know about this, for example in the united states, you cannot buy bitcoins in any exchanger, you cant invest in forex if you live in usa, or even crypto-exchangers. I dont know why, but nowadays a lot of countries are legalizing bitcoin, it is the currency of the future.
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michellee
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August 13, 2017, 02:19:10 AM |
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i think its be a problem because as long as internet connection is not block and people can still used the connection, people will find the way to use bitcoin. especially if they want to make money from bitcoin, they will search from other way and maybe they can use vpn to connect and using bitcoin again.
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yndye
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August 13, 2017, 02:59:07 AM |
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Yes it is possible to ban people from that country to use the sites related to bitcoin or cryptocurrency but still people will find a way to access it. If there are laws implemented that will have severe penalties then people will find a way like using VPN to access it. They will just avoid getting caught but if bitcoin has a good effect in the country then the government will not ban it and a possibility of supporting it.
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JCO05
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August 13, 2017, 04:52:58 AM |
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Just like the title says, is it possible to block crypto currencies if the government decides to?
They could enforce the ISP to block online payments made or something like that, is it possible?
The sad truth is yes, they have the power to block or to prohibit people from Bitcoin and other cryptocurrency involvement. But surely, they won't do it without a reason, it might be bcause it is used in illegal transactions or anything that disobeys the Law of a certain country. Let's just hope that it won't happen to every country in order for Bitcoin and other cryptocurrencies to grow.
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eann014
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August 13, 2017, 06:00:20 AM |
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They will not block bitcoins because for sure government also using bitcoin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It is hard for them to block this cryptocurrencies especially bitcoin is international currency.
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Pattart
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August 13, 2017, 12:22:49 PM |
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In my opinion it is not possible in every country to block bitcoin (or even all crypto) but depending on the state within the government that does not want bitcoin to break in their official currency ( bank )
I think it might be done by the government, by blocking bitcoin like sites related to bitcoin, such as exchange, and so on. Of course this will give bad impact to bitcoin. Therefore I really do not expect that the government provides a policy to ban bitcoin.
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Drnice
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August 13, 2017, 12:42:02 PM |
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It is posible that the government can stop bitcoin and the other crypto currencies, by first, stopping all mining done in Japan. But no body will like bitcoin to be stopped in the technological society.
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Sowik
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August 13, 2017, 12:44:59 PM |
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Yeah, I wish them good luck with that. Why would a county want to ban Bitcoin tho?
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buharikx31
Sr. Member
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August 13, 2017, 12:57:28 PM |
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Government can block the web sites and all possible resources which you can use when accessing or trying to make transaction. They can block all websites with online wallets, every Bitcoin client connection and web exchanges. But it's not an issue for most countries to use VPN to have access to any website some countries not allowing to use VPN also but I think they already found how to deal with that issue accessing this web sites
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TK14
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August 13, 2017, 01:37:09 PM |
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It's not easy to block bitcoins ,but they can always make some strict withdrawal limits to panic
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majdoso
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August 13, 2017, 01:47:45 PM |
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yes when a country feels that her coin becomes threatened specially after the new pic of the bitcoin can block it to stop or make an end to this new revolution and even make laws to punish.
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lucifochrome
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August 13, 2017, 01:57:54 PM |
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Possible yes, but it cant be blocked entirely. They may block some sites related to bitcoin but not all and if they block the ip we can always use proxy. So i think it is difficult to block it and why would they block it?
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Machanto
Member
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August 13, 2017, 02:02:47 PM |
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It is impossible to block BTC or whole cryptos within a country, but they can censor it pretty effectively, if they prohibit the usage of cryptocurrencies companies and shops wont be able to accept them, but there can be exchanges among citizens. Finally there could be a block of major exchanges but that is easily solved via a VPN.
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ekoice
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August 13, 2017, 02:32:04 PM |
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I think its hardly not possible for a country to do so.Bitcoin could not be completely banned unless internet is banned.If it had been possible to ban or block bitcoin,then countries like china,russia would have already banned bitcoins instead of regulating it.Almost all countries are aware of the fact that bitcoin could not be banned.Only thing they could do is to just regulate bitcoin exchanges in the country which china and russia has been doing now.
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ethereumhunter
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August 13, 2017, 04:16:49 PM |
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i think it is possible for a country to block bitcoin if the government want to do this because its very easy for them to make it happen as they have everything that we don't know. government can block bitcoin from being used by the people and they can banned bitcoin in that country and if this is happen then bitcoin can not grow in that country.
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