Can Bitcoin be ban?

[kirti rana]

Nothing, If bitcoin was formed on it, then the bitcone could reach such a height, so there is no banner on it.

[intelligent.investor]

Can Bitcoin be ban?

Its already banned in some countries......Any act relating to it is deemed as Criminal Offense and Result to Imprisonment and Huge Fine.

[Cotton Candy]

Can Bitcoin be ban?

Yes bitcoins can be banned actually bitcoins are banned in china by the Chinese government. I do not know the exact reasons why do they banned bitcoins but they did. I do not know too if they are still banned today but the bitcoins fall because of that but after a month they have fully recovered and still reached another recprd high even without china that is how powerful bitcoins are. And banning is juat temporary people can always find a way to access it anymways.

[melted349]

Can Bitcoin be ban?

Of course, Bitcoin can be banned. Governments of different countries may impose a policy or a national law that will consider Bitcoin illegal and therefore banned. Central banks of such countries may relay such laws to all legal financial centers and establishments such as banks that whatever transactions related to Bitcoin will not be allowed. But the point is that Bitcoin is decentralized. Even if the use of it is permanently banned by the government, it could still run and function.

yes it can be banned country by country only but not in a way wherein all over the world this is the currency that not been owned by one and not function as a one cause this is a digital currency.

[Miles123]

Bitcoin can't be ban because this site is decentralize even the powerful governments can't control bitcoin. But in your country it can be, so we need to take the advantage to work here.

[syntac]

Can Bitcoin be ban?

Of course it can, every country has the absolute right to ban bitcoin used in its territory. But not all countries completely ban bitcoin, there are also countries that allow bitcoin to circulate in its territory, but still in an invalid status as a transaction tool.

[jazmuzika217]

Thats the worst case scenario for bitcoin. If you can recall, China and some other countries banned the Bitcoin before because theyre afraid for the native business and for the banking sector of their country and also theyre concern for the consumers and protecting them from possible risks they could get from using bitcoin. Its really painful if a country depends on theyre local banks. We all know that using bitcoin, banks are the most affected.

[Givebirth]

Can Bitcoin be ban?

Some other country yes it can be banned. But when we talk about worldwide bitcoin will never get banned. Some countries have some issues on there government that crypto-currency are banned from there state.

[Bakemat]

Can Bitcoin be ban?

Yes it is.bitcoin can be banned because there are no controls it. It is decentralize that's why the bitcoin can be banned. The government controls their territory and they control the things in and out over their country they can banned ang illegalize one thinga if they want.but the good reason is that's why other countries don't ban the bitcoin because it has many good benefits

[ngusmin]

Can Bitcoin be ban?

No, Bitcoin can not be banned. Bitcoin will remain in circulation without having to be bound by the rules of a country.

[fleda]

Can Bitcoin be ban?

Yes it can be. Some other country already did. But they will have a hardtime to do it before they implement it. The only way to stop people from earning bitcoin is if they're going to shutdown the internet. We all know that there are many sites there we can earn bitcoins.

[shezu007]

Can Bitcoin be ban?

Yes it can be. Some other country already did. But they will have a hardtime to do it before they implement it. The only way to stop people from earning bitcoin is if they're going to shutdown the internet. We all know that there are many sites there we can earn bitcoins.

yea Indeed bitcoin can be Ban. But it depend on the country that why they ban bitcoin. Like still bitcoin is working in the whole world excluding one or two countries which have ban bitcoin but remaining world still have not taken such a step against bitcoin but mostly countries want bitcoin because bitcoin is providing jobs to all kind of people.

[otol55]

Can Bitcoin be ban?

I think it can.
in some countries Bitcoin is prohibited from being used for some reason.
but I think it's pretty hard to stop Bitcoin.
as some developed countries have legalized Bitocoin as well as more and more users now.

[Allura74]

Can Bitcoin be ban?

I think it can.
in some countries Bitcoin is prohibited from being used for some reason.
but I think it's pretty hard to stop Bitcoin.
as some developed countries have legalized Bitocoin as well as more and more users now.

I don't think that it can be ban since we know the fact that bitcoin is a crypto currency and no central control, so even how many government try of pushing to ban bitcoin but still they will get hard to do and i think if they will cut-off the internet on the whole world then that is the time that they can stop bitcoin.

[Heyyyrenz]

It is not impossible actually there are some countries that already banned bitcoin and that includes:

• Bangladesh     • Iceland
• Bolivia            • India
• China             • Russia
• Ecuador          • Sweden
• Thailand         • Vietnam

This is according to the blogspot I've visited a long time ago: https://www.ccn.com/top-10-countries-bitcoin-banned/
But here's the all the list where bitcoin is legal or illegal: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

But in my idea about why the country banned bitcoin is that it may heavily affect the economy once the bitcoin take control of the economy the effect will be:

1. Bankruptcy (Because of the small amount of people who use the bank.)
2. Blackmarket/Deepweb may become powerful since we are anonymous online.
3. The Government can't put taxes to the people who works in cryptocurrency industry.
4. If the country uses bitcoin as their mode of transaction some business will be in bankrupt.
5. Bitcoin can be used to launder money.

The basis of this reason is just my observation, idea and own opinion.

[Bitcoinislifer09]

Can Bitcoin be ban?

Yes,I think there's possibilities that bitcoin can be ban but it depends in the government of the country. If the government of that country,they see that bitcoin brings a good thing in their country ofcourse they will not ban it. If bitcoin will be ban it takes a many process to finally ban it.

[plucking23]

If you mean its banned from country,yes it can by making a regulation about it
But banning it from everyone is impossible,people will find a way or another to use it and nothing can stop that

I agree. The government or the country has its power to control or to make laws or even say that bitcoin will be banned in their territory yet people will find their own way to use it. Banning does not mean that the number of people using it will be zero but of course when it is helping the people, they will not stop until they cannot find any problem with it. Bitcoin can be banned easily by the government or the country yet it is hard to implement to those people who depend on it.

[TOTOARRO]

On the off chance that Bitcoin unjustifiably rules the cash of a nation then it government may put an activity into it, for example, forbidding it, however that is an excessive amount of. A few nations boycott bitcoin because of basic reasons that their neighborhood banks are being devalued because of numerous clients utilizing a decentralized cash, nonetheless if banks will attempt to take the path of least resistance in the cryptos at that point restricting won't not be an issue for that. It is only the administration themselves tries to control of the benefits of the speculators in their nations. They're attempting to push away the financial specialists of digital currencies in their nation.

[alkenestoke]

Keep in mind that bitcoin cannot be fully controlled even by the government. They may ban bitcoin but that act will be completely useless, knowing how rampant the activity is here and that nothing is stopping it.

[bobitza]

Can Bitcoin be ban?

Bitcoin can be completely banned. Currently I know it is banned in Russia and maybe in Vietnam. Because of the great impact on the world's cash economy, prices will fall if they use bitcoin.