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Author Topic: what will you do if your country bans bitcoins?  (Read 5716 times)
mevmike
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November 14, 2017, 12:48:16 PM
 #321

i will be very excited since this is just a proof that governments already feels the effect of bitcoin and cryptocurrency in general.
i will be more urged to hodl on to my coins and prepared for the future.
let us remember that the idea behind bitcoin is to replace fiat currency.
and if the government will feel threatened then i feel that we are nearing our goal.
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November 14, 2017, 12:50:08 PM
 #322

I guess if it does truly happens then we'll just have to continue living live the life we supposed to have continue our daily work and business make our life useful. Its not the end of the world for all of us if it does happen. Like the saying says the show must goes on. There are many ways we can earn money.
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November 14, 2017, 12:53:08 PM
 #323

I guess the titles says it all. What will you do if that happens?
the answer is quite easy actually your question if the state prohibits bitcoin of course we also have to stop definitely a country have a good reason to ban bitcoin accessed in that country

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November 14, 2017, 12:57:46 PM
 #324

I guess the titles says it all. What will you do if that happens?

First of all my country can't ban it as lots of people are using it and even if they ban it we can still use it to buy goods and services from the internet. There are many ways to convert bitcoins to fiat money so technically it's a wrong move to ban bitcoins.

Yes my country also can ban bitcoin cause it use in Internet to buy good and service than to be Carry money around... And bitcoin is easier to spend
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November 14, 2017, 01:05:50 PM
 #325

I won't obedient the government if they would ever ban Bitcoin.
For me it is not just a tool for doing digital payments but it's also a means of freedom.
Although I understand their concerns of tax not being payed, I think it's an attack on our freedom if they ban it.
I also think it's not much worse for tax than just regular cash, so I can't imagine that they would do it.

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November 14, 2017, 02:00:41 PM
 #326

Find a way around it.
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November 15, 2017, 02:17:58 PM
 #327

Actually i wish it will not happen in my country. Really sad if its happen.
But if its happen, i have to prepare myself first. Actually i will still use bitcoin, i still can do trading in other exchange outside country and when i withdraw my fund, i can exchange to fiat money.
Sensible government will never do such type of stupidity to ban such a precious coin that allow to boost economy as well as to bring business to the region and if this will happen in my country I will simply file a case against this decision in court and will gather more investor to call a strike across the country and this will build pressure to the government and they will simply take back their stupid decision of banning.


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DewiKirana
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November 15, 2017, 02:23:41 PM
 #328

If my country forbids bitcoin, I will keep searching and collecting bitcoins and I will sell some bitcoins with the country currency that legalize bitcoin. That's a good idea in my opinion.

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November 15, 2017, 06:05:41 PM
 #329

Well in my country bitcoins is already banned. But many users belongs to my country still using it. As we know about the fact nobody's can control the bitcoins its free for all and untraceable . Banning bitcoin can't stop us to earning and i believe most of Chinese people still using the bitcoin like we're doing.

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November 15, 2017, 07:42:26 PM
 #330

My country already doesn't support bitcoin and its uses locally.But still i have bitcoin and i am sure about that very soon my country is going to accept this valuable and useful invention.With that hope,i am buying more bitcoins.

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November 16, 2017, 03:07:49 AM
 #331

I guess the titles says it all. What will you do if that happens?
It will be a major adjustment for me.  I am used to the bitcoin lifestyle. LOL. The only thing I am doing when I have free time was bitcoin - logging in and working on our signature campaign then reading about trading. If its gone, I don't know, maybe I'll try to look for other ways to earn money. But I will still try to check if there's a way around the BAN. If there is, I will still continue working for our campaign.If there's no way around, I'll look for something that is not bitcoin but with the similar setup. Good thing, this will not happen in our country since they are supporting cryptocurrency.

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November 16, 2017, 03:32:26 AM
 #332

I guess the titles says it all. What will you do if that happens?
i feel no worry at all if it shall happen. my country takes only a small part of bitcoin cake. so, it won't bring any major effect. as we know that bitcoin has no boundaries. tough my country bans bitcoin, i would be still trade it in other market outside my country.

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November 16, 2017, 03:47:28 AM
 #333

I guess the titles says it all. What will you do if that happens?

Cryptocurrency is a change to the status quo of the financial system of a country. That include the participation of banks and many other institutions, and many pressure groups. So this kind of big changes is a huge deal. So governments aren't really interested on changing this, and they put bans to avoid this developments. However this ban will only make impediments, but not stop the progress. So INVEST on cryptocurrency, overall projects like propthereum.io
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November 16, 2017, 03:51:13 AM
 #334

I guess the titles says it all. What will you do if that happens?
ill keep using it while its banned folrom our country ill secretly doing things in bitcoin haha lol i wish bitcoin wont ban in my country

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November 16, 2017, 03:53:09 AM
 #335

I will keep using it and buying goods from foreign countries because it is technically infeasible for my country (and any other) to ban Bitcoin without blocking the Internet like NK.
I guess I will no longer be able to exchange it through normal means (an exchange) though. But that's okay because I could simply exchange it for PayPal with someone trustworthy.

There's nothing else that needs to be done honestly, governments are powerless regarding this matter. China did ban Bitcoin exchanges but you can still use Bitcoin there and mining farms are operating just fine.
I will get dissapointed. You know why??  Bitcoin is the only thing that i can get a source of income and they will ban..  Huh so very sad for me and also for those who alotted there time for this.


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November 16, 2017, 03:56:56 AM
 #336

My country already doesn't support bitcoin and its uses locally.But still i have bitcoin and i am sure about that very soon my country is going to accept this valuable and useful invention.With that hope,i am buying more bitcoins.
Actually if government ban bitcoin, this will not give too big effect to bitcoin. The anonimity of bitcoin is protect the user identity. So if the government of my country bans bitcoin, I will still hold it and use it if I need to purchase something. But the bannimg bitcoin by government will make bitcoin adoption slower.

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KingOfWinterfell01
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November 16, 2017, 04:02:00 AM
 #337

I guess the titles says it all. What will you do if that happens?

Switch to alt coins or eth. I wouldn't waste my time wallowing and crying over the government banning bitcoins in our country. They were specific with bitcoins so the most logical approach here is to move to another set of coins. Bitcoins aren't the only cryptocurrency out there.

Swopon
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November 16, 2017, 04:06:59 AM
 #338

My country already banned bitcoin but i didn't care what my county did or will do for bitcoin.I will continuously doing what am i doing now.

Rj Manik
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November 16, 2017, 04:22:52 AM
 #339

Already My county can't accept bitcoin still now Grin
Yet If this problem i see than first i will use exchanger.I will exchange my all bitcoin in other currency.My country is a part of south asia.My country government was know that many young generation work online and earn bitcoin But she can not do anything.Because my country have no technology to find out any bitcoin user. Grin Grin

h1h2h3_c
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November 16, 2017, 04:31:04 AM
 #340

what will you do if you're country ban bitcoin? if that happen i will make my own business for my own good




Depending on what it is meant the word "ban bitcoin") The matter is that it is impossible to block bitcoin. If only to switch off the Internet or electricity around the world. But, it will never be. And if it is about payment restrictions, then from this situation there is an exit. Now many payment service providers accept and exchange bitcoin. It isn't important at all in what country you are. I advise simply to relax and observe a hysterics of the authorities:)
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