Can Bitcoin be ban?

[Tungsten-1]

I'm sure government could try to ban bitcoin but all they can really do is stop exchange in their own country. Bitcoin has no borders so a ban would be very hard to inforce.

Yes government can ban bitcoin but they will avoid such foolish steps because they know well that bitcoin is helping them to reduce unemployment to some extent and help its mass to earn good amount even when they are not having a regular job. It makes the mass able to earn good amount and raise their living standard. Those countries which have banned bitcoin are actually scared of the fact that bitcoin is going to push their currency down.

[aray80]

Yes, but to stop bitcoin lovers it requires a replacement that can be used as a place to earn the same income.

[savushkinTA]

Once we know what sort of political/financial power is in the hands of those owning the asset class, we can predict the limits of political restrictions that can be imposed on that ownership.

[julius caesar]

Can Bitcoin be ban?

Bad news regarding Bitcoin was enlarging nowadays, Ihink banning of bitcoin will depends on how does the people react to it, they will its a scam , its a total crap the society will accept it like that because of the thing that they have lost theyre money here , entering in a huge platform without any prior researches.

[rb26]

Can Bitcoin be ban?

Well, in a country the government can ban the use of Bitcoin but the effect will be limited since they cannot completely ban their citizens from using it. The ban will just reach the local exchanges but the thing is people can still buy btc outside their country. So technically, it cannot be banned since it is decentralized and no government can have control over btc. The best approach for them is to regulate it through the exchanges instead of banning their people from using it since they cannot stop them either way.

[AlienSeeker]

Yes, but not necessarily be banned from users who loves crypto currencies. Bitcoin has gained a lot of respect from the community and I think maybe it will be banned by the government, but users will not stop from using it.

[TaxiBloger]

No, bitcoin can be tried to ban, but technically it's impossible to organize.
It is not possible to control, and therefore punish for using it.
Hence the ban is absolutely meaningless.

And what will be if bitcoin and mining process will be announced illegal tomorrow? I think this is one of ways how to ban BTC and altcoins.

I guess nobody want to have problems with government and police. Bitcoin mining is easy to track if somebody needed (I mean government offices).

So, it's hardto ban bitcoin, but easy to make it illegal and control all processes, isn't it?

[sourjain]

it's an parallel economy now and if anyone tries or think of banning this now it's a bit too late to tame better to mend the rules and regulation to acknowledge it's existence and value it.

[ubeng07]

Yes, but not necessarily be banned from users who loves crypto currencies. Bitcoin has gained a lot of respect from the community and I think maybe it will be banned by the government, but users will not stop from using it.

but we all know that as long that it was been possible but as long as some government country by country that some can be use this kind of currency for the development of their country , the way on how they will banned bitcoin are may trash cause they will see it as in a positive way of.

[fofz]

I do not believe they are able to ban the network. But in the long-term they may find ways to disallow the use by this mean allowing other authorities, centralized way of distributing other cryptocurrencies.

[liuqi]

Yes, but not necessarily be banned from users who loves crypto currencies. Bitcoin has gained a lot of respect from the community and I think maybe it will be banned by the government, but users will not stop from using it.

Government can be able to ban the bitcoin but they cannot be controlled by the any government or corporate or whales. There are some countries already banned the bitcoin but still does not even do anything to bitcoin or bitcoin users.
You have to understand why government goes to stop using the bitcoin. Actually if bitcoin be widely spreaded and used by every person then automatically usage of banks will be does not necessary to us. All the transactions will be happen between sender and receiver only.

[ridho002]

I think it can, depending on government policy in each country respectively. if the state has banned bitcoin, inevitably the people must comply with the policy that violates would be subject to sanctions.

[Virtual miner]

Can Bitcoin be ban?

Thinking about it legally yes it can be banned merely by passing any legislature in the country regarding its ban. But how much people would be affected by such ban? Around 50% of people use this currency to evade govt. Taxes and orders. Such bans would be useless for them. It may give a setback to bitcoin but might no affect it in long term.

[stephenv26]

No one is regulating the bitcoin so ofcourse they can ban it but it still can be use

[JanpriX]

Can Bitcoin be ban?

There will always be some entities from the government who will try to ban Bitcoin from its country but based from what I've seen in the past, it is quite impossible for them to do it. People will still find ways to do it one way or another. And the government can't stop them in doing so. What they are currently doing now is to put some regulation into it and limit the use of it in their respective areas. They are just scared that the "money" that they are introducing to people around the world will lose its value against BTC.

[mintomia199]

i think it is not possible to banned bitcoin as it is a peer to network. there is no third party organization who can control this.it is becoming popular day by day .i think government can not ban it .

[shouter]

I was thinking about one thing: If the government decides to ban the use of bitcoin, justice may require that every bitcoin website be removed from the air. I hope this does not happen. If it does, rulers can get complicated when the go try to re-elect (or support a candidate), but that depends on the electoral process of each country.

[bhabygrim]

Can Bitcoin be ban?

I think it can be because some countries already banned bitcoin like China. They banned bitcoin a few months ago, which I think was a huge mistake. Bitcoin is really good and convenient to have because it is not just profitable it is also convenient to use. It makes transactions easier and faster.

[MJG24]

For a big website such as this, it is next to impossible to ban it. Besides, the government also benefits from them so, don't expect it to happen.

[Marrionbitcoin]

Can Bitcoin be ban?

Some countries implemented ban for Bitcoin however I am totally disagree. Bitcoin should not be banned because this is the future. Future for investments anytime and anywhere. You can pay your monthly bills without any hassle. It helps so many people to earn additional income to save for their future. Though there are disadvantages like security, but this can be resolved if the Government implemented rules and regulations for the safety of investors' money. Currently, millions of people are using Bitcoin for trading. So don't be afraid about ban.