lani123lani
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December 09, 2017, 02:54:47 PM |
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Technically the government can ban bitcoin in full. But if everyone can not be banned, because it is always looking for ways to use it.
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Golubhargava
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December 09, 2017, 03:04:45 PM |
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Can Bitcoin be ban?
Bitcoin cannot be banned but governments can restrict exchanger websites in their country so people dont have where to buy or sell bitcoin. If all countries would bann their exchangers it is going to be hard for people to exchange bitcoin between themselvs. No Bitcoin canot be banned
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hannahB4
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December 09, 2017, 03:07:38 PM |
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Bitcoin has been banned in some countries can't remember the name now but read about it, but to say bitcoin has a name and all what it entails been banned have not seen that been visible or happening in along time from now
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sandwichman1
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December 09, 2017, 03:09:16 PM |
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if no government accepts bitcoin, we could be confronted with a big problem, technically it can not be banned, but it can be limited
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pizamoi
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December 09, 2017, 03:10:32 PM |
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It can be banned but such a ban would never be effective since it is decentralised. At best it could wreck havoc on the prices of bitcoin by closing down the main exchanges but it would always continue to function beneath the surface.
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mitchr4
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December 09, 2017, 03:10:39 PM |
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It's possiblly can, today there are many countries that opposed with Bitcoin currency. If all the countries together ban Bitcoin it could happen. And now there are many countries that also support Bitcoin.
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Arngrim
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December 09, 2017, 03:14:22 PM |
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Sure it does. But it could still work underground. The government is still not capable of tracing all the transactions that will happen in their own country. Plus it is the internet, there are vpn's and proxies that could help so that you will not be traced. It might be happening now to other countries but are they so sure that nothing is happening underground.
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mathiaslivis
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December 09, 2017, 03:15:33 PM |
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Your questions are not very clear, my friend. I don't know if you ask whether bitcoin can be banned all over the world, or in a country or region. Obviously, it is impossible to prohibit bitcoin in the world. If we want to ban it in a single country, I think it's easy to do in those countries with strong government control.
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Alaminshaikh
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December 09, 2017, 03:17:49 PM |
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No.its not possible. but technically it's impossible to organize.my opinion and trusted,At present,bitcoin is a part of the online business world.
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alan2here
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December 09, 2017, 04:03:55 PM |
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Bitcoins can not be banned at this time because many large countries are accepting Bitcoins and may be legalizing Bitcoins in the future. I think we should legalize Bitcoin as it could change the whole world
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bitfocus
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December 09, 2017, 04:07:04 PM |
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No government can totally ban bitcoin (or any other crypto), that's not possible. they might declare it illegal as China, but that won't help them much. enthusiastic bitcoiners will continue using bitcoin.
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Fappanu
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December 09, 2017, 04:10:49 PM |
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Can Bitcoin be ban?
Yes it can be especially if our government wanted to have a cut at our bitcoin. If the banks will no longer be significant in our society then maybe bitcoin will be banned. But if they want they must have been banned bitcoin from yhe start.
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dotcomwriter
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December 09, 2017, 04:12:58 PM |
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Some countries have banned it. It means it can be banned by some governments based on their laws on financial regulations.
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warrior333
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December 09, 2017, 04:13:21 PM |
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Bitcoins can not be banned at this time because many large countries are accepting Bitcoins and may be legalizing Bitcoins in the future. I think we should legalize Bitcoin as it could change the whole world
I will never believe that the government may voluntarily legalize bitcoin. They can temporarily lift the ban of bitcoin in exchange for taxes, but it will be only for the purpose to infiltrate the bitcoin community and destroy it from the inside. I'm not going to show their income in bitcoin even if it is legalized.
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desklamp
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December 09, 2017, 04:15:09 PM |
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It can be ban but they couldn't do it because there are many peopl that uses bitcoin. It is better to regulate it since many people are using it and better to put tax on it. In that way they can collect tax from people who takes advantage on it.
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kurian
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December 09, 2017, 04:20:58 PM |
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As i'm from India, Reserve Bank of India hinted a possible ban on Bitcoin. This news actually made me worry but, after a lot of research on google i came to know that, they can't ban btc. They can only ban bitcoin payments and exchanges that work within the country.
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Brigalabdis
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December 09, 2017, 04:23:36 PM |
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Can Bitcoin be ban?
they actually banned it before when it not too popular by people. Bitcoin must be back and actually nothing happen. Only ICO is thet can banned again but it is so hard because bitcoin has an own power.
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Kokoy
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December 09, 2017, 04:27:21 PM |
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Can Bitcoin be ban?
Pardon me, but I think this is possible. Most of the people nowadays were lacking of most of the essential knowledge when it comes to bitcoin, due to the fact that people were saying this is a good opportunity , they try to invest some and most of the time they end up being scam, rhe reality was the figure that was built into them that Bitcoin is worthless and a threat to people, country will banned this, so be true and honest in the offers you say, cause nobody deserves to be scammed.
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jirene21
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December 09, 2017, 04:29:10 PM |
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Can Bitcoin be ban?
bitcoin is not under any government. so we have no protection from any country. but it is hard to imagine bitcoin being banned. but i don't think there is 100% chance of bitcoin not being banned. knowing that we might affect the government/economy. there is still a high chance that some people will suggest to ban us. because we are a thread to banks and other money associated agencies.
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AVAMONEY
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December 09, 2017, 04:50:36 PM |
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Technically, governments can ban the Bitcoin-related activities such as exchanging it against fiat currencies but practically it is impossible to do that in my opinion. In worst case scenario, the governments will try to monitor the transaction history of users by accessing a database of the domestic exchanges to determine the tax liability but I do see a rare chance of levying the complete restriction as I mentioned earlier.
The government has full power and they can do whatever they want. the government now considers Bitcoin a threat because the very fast price movement of bitcoins could disrupt the stability of the economy in their country. So the public should be able to play an active role to be able to socialize Bitcoin and never use Bitcoin to conduct illegal deeds because it can make integrity and trust in Bitcoin is increasing. As many have feared, it seems that one of the main reasons the government has banned Bitcoin because of its nature can be a currency tool for trading illegal activities. This is a fact and indeed, bitcoin has become the main payment tool in use in darkweb for the purchase of illicit goods such as drugs, hijacking tools, etc. While on the other hand, the government can not monitor much less get access from every bitcoin account, because the purpose of created bitcoin is as freedom in owning independent bank without the intervention of the bank.
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