yojodojo21 (OP)
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November 25, 2017, 02:35:07 PM |
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We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?
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mobnepal
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November 25, 2017, 02:47:18 PM |
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Yes if they want than they can ban use of bitcoin in every country but I don't think all members of UN or any other multi-governmental association will be willing to do so as few member from the association/group themselves might be involved with cryptocurrency as investors or long term holders.
Bitcoin will soon be accepted throughout the world, first in developed countries (many of them do right now) than developing countries and finally in underdeveloped countries.
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sicparvismagna
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November 25, 2017, 02:51:13 PM |
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Yes its very possible because one is that they have the privilege and have the influence to affect the decision of one country I think in order for bitcoin to prevent or stop that from happening is they need to get the UN and other powerful countries accept them in order for bitcoin to be widespread and be know to all countries and specially all over the world.
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BrewMaster
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There is trouble abrewing
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November 25, 2017, 03:03:04 PM |
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the Reason that bitcoin is Decentralized and can make FIAT Disappear.
bitcoin is decentralized but it can not make fiat disappear. and why would they want to ban something that is being adopted and legalized already? some of them have already legalized it so it would be like taking steps backwards for them. like Japan, Australia, and even partly in US, and many other countries!!!
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There is a FOMO brewing...
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meer45
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November 25, 2017, 03:03:46 PM |
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Bitcoin, or cryptocurrencies as a whole, cannot make fiat currencies disappear. At least not in the foreseeable future. Think about it, we measure the value of bitcoin based on how many dollars it is worth. And bitcoin is nowhere close to be widespread enough to replace fiat.
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casascius4thewin
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2022 = 1B1P
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November 25, 2017, 03:05:51 PM |
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Rulers gonna rule, Haters gonna hate, And Hodlers gonna Hodl ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) No one can stop Bitcoin now. Its not like a machine which you can just power down or turn the switch off. Decentralized blockchain will change the world. We are living in the crypto currency History! Grab your btc, and Hodl! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I'll give you 2 plates of pizza, What will you give me in return? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitrated user: Youthme.
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kasansa
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November 25, 2017, 03:09:21 PM |
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I think different nations would have different opinions regarding bitcoin.So,it seems to be very hard for all the nations to ban together bitcoin globally.
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The Monkey King
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November 25, 2017, 03:13:42 PM |
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We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?
As the member of bitcoin organization, I suggest to offer it to the rulers because if they could only know what are the benefits of this organization, they will probably like it. And of course it will not make FIAT disappear. Time will come they will tell the other country that bitcoin is really effective for investment. I am not after their opinion anyway becasuse they have a lot of people were using it and disagree with their plans if ever.
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moooonu
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November 25, 2017, 03:16:58 PM |
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They can ban and make it illegal to use bitcoins. But still people can use bitcoin illegally using VPN to hide their trace on internet. But rulers(country's elected leader) can't erase bitcoin from internet.
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Bezobraznike
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November 25, 2017, 03:20:36 PM |
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I think different nations would have different opinions regarding bitcoin.So,it seems to be very hard for all the nations to ban together bitcoin globally.
They can try to do that, like they tried to ban drugs and weapons, and many other illegal things that are used around the globe despite all their rules! Rulers will have less and less power as bitcoin grows. Centralization is what killing progress of this world, while some cities and countries enjoy in all comfort that modern world can offer many others are still fighting for water and food! Fair distribution can be achieved, blockchain offer that to us. We will be able to monitor from home what government is doing! Rulers will try to fight against this, or to try to control this like they control traditional currencies.
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john70
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November 25, 2017, 03:43:17 PM |
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I think it would be difficult to ban bitcoin world wide.Japan,australia have already started to travel with bitcoin.So,they may not agree to do so.
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bitart
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November 25, 2017, 03:47:21 PM Last edit: November 25, 2017, 04:00:39 PM by bitart |
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I just noticed that daily there are 2-3 topics about 'Bitcoin will be banned everywhere'... Meanwhile, I'm really sure that there are only a few countries where the governments really want to ban bitcoin, but that's rare and they're really special countries... The rest of the countries have not decided yet what to do with bitcoin, but they are not about to ban it, because they are working on the method to tax it, because banning is a good thing for them, why not to ban, just because they can, but it won't generate any income. If they tax it, they have to legalize it, but it will generate a really good income to the economy, so banning is not really possible.
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Winner
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Look ARROUND!
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November 25, 2017, 03:48:23 PM |
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We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?
You're thread title is Click-bait. Most people on here know that Bitcoin can't be banned. BC can survive via Meshnet.
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Caelanpelley
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November 25, 2017, 03:59:31 PM |
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We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?
There is no reason for them to ban all people in the world from using it. Up to now, bitcoin has not been bad, nor has it affected the economy of each country. It only causes a partial change. I do not think they will delete it.
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VitKoyn
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November 25, 2017, 04:16:43 PM |
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We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, for the Reason that bitcoin is Decentralized and can make FIAT Disappear. What can You say about it? as an Individual Bitcoin User?
Of course all countries or government can implement a ban on Bitcoin or cryptocurrencies, but the thing is how can they stop digital assets like Bitcoin if it is widely used and even they ban it other people can still trade/use it secretly because Bitcoin is decentralized. There are possibilities that Bitcoin/cryptocurrencies can be use as global currency but I don't think it can replace fiat currency any time soon, the main reason is government will not allow it because they support banks and banks gives financial security to them. We don't really need to replace fiat because it can coexist with cryptocurrencies.
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dothebeats
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November 25, 2017, 04:23:35 PM |
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I don't think so. How would they be able to stop something that isn't being controlled by a single entity? This topic has been discussed so many times and the only thing these governments can ban are the exchanges that operates within their jurisdiction and nothing much. P2P trades will still be there and it will be hard for the government to even contain that, what more about something that's completely scattered around the globe?
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darkangel11
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Don't let others control your BTC -> self custody
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November 25, 2017, 04:55:42 PM |
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We Know That We Have High Personalities that control each Country and They are The Officials Of United Nations Leaders, What Do you Think, if they Ban Bitcoin in every country, Have you ever seen authorities around the world to ban something unanimously? They can't even agree on things like nuclear weapons or whether to support known terrorists or not. A worldwide ban of anything is an extremely rare situation. In some countries people are producing and smoking marihuana and in some you can go to jail for it. The world is divided in most things and will remain to be divided when it comes to cryptocurrencies.
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ldah94
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November 25, 2017, 05:05:29 PM |
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Currently individual governments lack the authority and power to act against a currency that is DECENTRALIZED as bitcoin but as we already know the decisions they can make regarding its management reflects a great impact on the bitcoin market as it happened in China through a mixture of government legislation and the blocking of popular foreign websites by Chinese Internet service providers. The Chinese government has tried to limit the Chinese, instead of being able to enjoy the entire global network. So if a government decides to make illegal trade or possession of Bitcoins, the demand would plummet and all the exchanges in that country would also be closed and the purchase / sale of Bitcoin would be difficult and risky. This could suffocate Bitcoin in that country.
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mahibul49
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November 25, 2017, 05:12:23 PM |
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i dont think so.bcz its decentralized crypto and already accepted by many high profile people .so the ruler of all country can ban bitcoin but cant ban use of bitcoin
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senin
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November 25, 2017, 05:23:55 PM |
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I do not think that such a situation is possible when the governments of all states will take a joint decision to ban crypto currency. The Crypto currency has already become firmly established in the lives of citizens and government bodies in almost every country, and some of them highly appreciated both the Crypto currency and its blockchein technology. Therefore the point of no return is already passed. This could have been done in previous years, but not now. For example, Japan and the Japanese will never decide to ban crypto currency, at least in the foreseeable future.
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