Can Bitcoin be ban?

[albert11]

Can Bitcoin be ban?

Countries who think that bitcoin is a big threat to their economy are the ones who ban it. Countries like China, Thailand, Vietnam, etc are the ones who already did. But I think it is nearly impossible to totally ban it in their country. People who already made a lot from bitcoin will always try to access it even though it will be illegal. The very easiest way to ban bitcoin is by cutting off the internet access of the country which is probably impossible. Banning of bitcoin is due to its negative side where it can be used for money laundering, black market and tax free transactions.

[Rappyboy]

Yes they can ban bitcoin like pass a law or order that prevents people in their country to purchase bitcoin, but they can always buy bitcoin from other countries transactions with bitcoin is decentralized so i dont know how will the government trace thay, yeah maybe from IP but there are a lot of ways to accumulate bitcoin specially people with computer tech knowledge

[wahyu.prist]

Y, Everyone knows because bitcoin is easily available and transactions are easy in every country.
Thanks

[Stradivarioos]

I think that Bitcoin can be forbidden, but I do not understand how you can really control the operations performed with Bitcoin in the country where it is Prohibited.

[weblaraveluser]

Can Bitcoin be ban?

Yes it can, There are a lot of countries who does not want bitcoin to circulate in their area so governments are banning bitcoin.  There are specific reasons for each country to ban bitcoins, Either it was being used for illegal transactions or maybe it is affecting their business because some of the politicians are also creating black propaganda for people to hinder on investing in bitcoins.

[Rappyboy]

Actually china only wants to regulate ICO, but cmon if you believe in the powerful technology behind bitcoin, which most people do, do you think china doesnt do research about bitcoin and the block chain itself? Theyre probably into something bigger atleast.

[teejayrichard2]

bitcoin can be banned if the government of that particular country where it is being used kicks against it. all the need do is cut all access to it and wallets connected with it

[The_prodigy]

Can Bitcoin be ban?

BITCOIN AND CRytpocurrencies cannot be banned i guess but its access can be restriced and thereforw it is effectively like banning bitcoin for this as if you have no access to your wallet or on how to gamble and trade then it is moot to use bitcoin

[naufals4]

from the outside i think bitcoin can be banned like some country banning Bitcoin with some reason that's why they ban Bitcoin, but from internally like from the inside i think it can't be banned cause bitcoin is the digital money that can be used by everybody.

[Spanopohlo]

It can be Ban if it dominates the economy of an entire country then it is not possible. Dominating meaning it is used by most people leading to banks being useless. Cryptocurrency can also changes the transaction, payment and selling of things in the economy, leading to losses of money, laundering and stealing. Lastly, most transaction in the dark/deepweb relies on Crypto, so as it covers the whole country it also come with the web dominating it too. So, it can really be ban if it comes out of the hand.

[Vendetta666]

Can Bitcoin be ban?

there is no reason for the bitcoin to be banned, infact it helps the people to fulfill their dreams of life and does not put in the blame for the lives of bitcoin users because it does not violate the law and is not used to any crime. The government does not see that bitcoin is comprised of the country

[rphk]

bitcoin does not requires to be banned , government still can hold control like one single unique ID for bitcoin or other crypto currency holders and that can be taxed , they can put certain tax on bitcoin trading ,selling etc. and single account or unique ID per person, in that way they government can control this. bitcoin also contributes growth on economy of the country , hope governments will regularize bitcoin. 

[sarojan9980]

From past some years government has tryed more times to ban Bitcoin but it's not easy. Bitcoin is never get ban because so many peoples are know using bitcoin and it's price is very high know. It's blockchain technology.

[Irvinn]

The government of any country can, in principle, issue a regulatory act prohibiting the circulation of the crypto currency, but such a ban will be difficult to implement. In some countries, such as Bangladesh, Zimbabwe, such a ban operates. Since December 18, the ban on circulation of crypto currency operates in Kuwait, but it does not apply to citizens.

[JoseJoseJose]

No, bitcoin cannot be ban because bitcoin is an online currency without any illegal goals or somewhat. The bitcoin illegality will depend on the user or the holder. No matter the usage of btc was a separate thing between btc and the holder

[Lookjoz]

Can not, because the bitcoin is a digital currency where bitcoin can already be used for safer transactions.

[deppil]

The government of any country can, in principle, issue a regulatory act prohibiting the circulation of the crypto currency, but such a ban will be difficult to implement. In some countries, such as Bangladesh, Zimbabwe, such a ban operates. Since December 18, the ban on circulation of crypto currency operates in Kuwait, but it does not apply to citizens.

I think even though some countries prohibit the use of bitcoin though it will not be too disturbing for bitcoin users? because bitcoin itself is decentralized and anonymous. let alone bitcoin is on the internet network where everything is free to use it. so although bitcoin is prohibited/ban though people can still use bitcoin because the government will not close internet access. yeah actually these regulations and restrictions are difficult to implement

[ramgonzales]

It is possible but improbable. I mean, ethically speaking for myself, bitcoin is not bad for it to be banned. If it were banned in let's say a country, people will always find ways to use it.

[Gemma mae]

The bitcoin will not be ban because it is legal and the government dont have a right. To ban the bitcoin.In short bitcoin will not be ban it will not,happen.

[Thecryptocurrency09]

Can Bitcoin be ban?

There is really possible nowadays. Since bitcoin is almost every where, they are being noticed by some public sectors. Through observation and such investigation, it is obviously stated that they cannot manipulate it. And if that government is against upon it, then they would do so what they want.