Matimtim
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December 13, 2017, 06:55:47 AM |
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There are some country here that are trying to limit the use of bitcoin, that's why we can say bitcoin can be ban in some country in this world, but not totally ban its just for their territory.
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udayantha11
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2023 would most likely be as bearish as 2022
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December 13, 2017, 07:10:57 AM |
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Can Bitcoin be ban?
Btc unable to ban. But the thing is govenment can make regulations like china. China now banned on ico. In other hand btc withdrawals can be taxable. If your withdrawn 1000 usd to your bank book then can tax. Bank may be ask. Those stuffs can be implemented. Or else btc unable To ban.
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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cizatext
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December 13, 2017, 07:31:05 AM |
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Is very difficult for government to be able to ban bitcoin in the sense that bitcoin is a decentralized currency so at that is not under the control of any government or central bank. And the government can not trace and punish those who use bitcoin the government can only drive some mojars to take bitcoin underground but can not totally berry bitcoin. As long as there is internet and a smart phone bitcoin activities can take place.
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jayco25
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December 13, 2017, 07:34:46 AM |
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Its really hard to ban bitcoin. Bitcoin is a decentralized currency so that no people, government or agencies who can handle or can control bitcoin. Maybe they can make ADS against bitcoin but to control it very impossible/
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randyboy
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December 13, 2017, 07:36:53 AM |
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I dont think so maybe not because bitcoin is providing on us many bitcoin depending on bitcoin and people get job using bitcoin online cryptocurrencies and many company use from it.
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hadisaw
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December 13, 2017, 07:38:51 AM |
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No, prohibiting bitcoin is the same as opposing the progress of the times. We have to step forward to get better, and bitcoin is a means to achieve it.
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The_prodigy
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December 13, 2017, 07:41:36 AM |
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Can Bitcoin be ban?
As evident by what China and some countries have done they can effectvely restirct and impose on their citizens not to partake on cryptocurrency and though that might not be very fruitful it can be said that there is still a way to ban bitcoin
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_noname_
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December 13, 2017, 07:44:33 AM |
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Can Bitcoin be ban?
As evident by what China and some countries have done they can effectvely restirct and impose on their citizens not to partake on cryptocurrency and though that might not be very fruitful it can be said that there is still a way to ban bitcoin yes why not if any country want to ban bitcoin in their country then they can bitcoin. just like we can see the previous example of china which have banned bitoin in their country just like that if any other country can want to ban bitcoin then they can bitcoin but i think no other country still thinking about banning of bitcoin but they are thinking about legalization of bitcoin in their countries.
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Pursuer
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December 13, 2017, 07:46:45 AM |
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some people confuse being banned with not being able to use bitcoin.
bitcoin is a decentralized payment system. and because of that nobody can prevent you from using it. and since majority of the world have adopted and legalized bitcoin then it is absolutely impossible to kill bitcoin because it will live on in those countries and continue to live on based on the users that are running the network aka Nodes.
but the government can ban bitcoin and some of them have already banned it. countries like Bangladesh for example have banned bitcoin. but you can see people are still using bitcoin.
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Only Bitcoin
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Golftech
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December 13, 2017, 07:47:56 AM |
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If we are talking about the whole system, I think its already hard to ban bitcoin there's already a community who uses bitcoin, maybe it can be ban in some communist party like N.korea where everything is under control of the government, better to forget about thinking about it and enjoy while we are still in our freedom to use bitcoin as our investment and source of income.
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alisafox2017
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December 13, 2017, 07:52:53 AM |
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No, bitcoin is a decentralized currency system, with the thought of blocking it if it is impossible and you will not go against people, which proves the independence of bitcoin. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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ddurand
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December 13, 2017, 07:52:56 AM |
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It can be ban since by states (e.g: prevent buying, trading, using bitcoin). You will always be able to use it with some vpn but it will slows down massive adoption which can have a serious impact on the business. But it will need to have multiple states to pass such law at the same moment to really impact the market. We'll see in the next years what happens
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Wyne
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December 13, 2017, 07:54:28 AM |
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Can Bitcoin be ban?
Some countries tried to ban bitcoin but controlling it and prohibiting its existence is impossible to happen. As a decentralize and cryptocurrency, nobody can limit its power. Maybe, they can prohibit people or establishment from using and accepting it but sooner or later they will allow their people using it. Why? Because cryptocurrency is the new face of currency. It is interrelated with progress and future because of the technology and the hope it brings. I guess, currently, more countries are planning to legalized it rather than banning it.
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madwica
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December 13, 2017, 07:54:42 AM |
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yes it is already, there are some countries already declared that bitcoin is banned they do not want people in their country used bitcoin because they think it can affects their economy, but there are some country do not announce the legality of bitcoin but people saying that bitcoin is ban in their country and they are confused on that.
All the people can access bitcoin because it is in online having internet and gadgets you can able to have bitcoin but there are many people are scared to engage in bitcoin even they are seeing many people are changing their life by the help of earning with bitcoin.
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Thanasis
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December 13, 2017, 07:58:21 AM |
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Bitcoins can not be banned because it is decentralized but government can ban the exchanges which are selling bitcoin so it will stop flowing bitcoins into their country.But if you have bitcoin no one can ban it you can use it.But mass banning of bitcoin banning will kill bitcoin because the price of bitcoin is based on its demand and circulation if it was banned in all countries then no one want to buy bitcoins so it will be worthless.But already many countries started to accept bitcoin so it looks like it will be the future currency of this world.
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OFID
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December 13, 2017, 08:00:37 AM |
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Governments can ban Bitcoin, but enthusiasts can always find a way to store and exchange it.
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mung_nasib
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DeFixy.com - The future of Decentralization
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December 13, 2017, 08:02:02 AM |
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Can Bitcoin be ban?
It could be that as long as the government has made a statement that bitcoin is not allowed to develop in a country.But the risk that may arise is that more people will panic if they rely on bitcoin as one place of income every time.
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bamboylee
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December 13, 2017, 08:18:15 AM |
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Can Bitcoin be ban?
Yes, bitcoin can be banned by a government or a country. But the real question is, is banning bitcoin an effective way to stop the usage of bitcoin? The answer is no. It's access is through the internet and so users can easily avoid or make a loop around the ban.
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supine
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December 13, 2017, 08:45:21 AM |
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Can Bitcoin be ban?
I think that it is quite possible to ban bitcoin since it is something that can be restricted. Just imagine in China, porn sites are not really accessible even if you try, and if you succeed and get caught, there is a high possibility that you could go to jail. I believe the same thing could be done to bitcoin as well.
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Vanshenz
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December 13, 2017, 08:53:16 AM |
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Could be bitcoin prohibited because each government has its own authority and regulation, so if the state prohibits the circulation of bitcoin and transact using bitcoin then those who have bitcoin can not use it and bitcoin is no longer useful in that country. . .
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