If bitcoin gets banned in a country, does altcoins get banned along with it?

[paul00]

I think Bitcoin being banned means all other alt coins will be banned as well since they are all in the same community, it is just that Bitcoin is the most dominant among those. Also, unlike individual people, the rulers are group of people to decide where in they will decide on the aggregate part of the crytp community and not only on a single part of it.

[elizavetausova0112]

In my opinion most likely yes! After all, this is the same digital currency! And I do not know. can be anything

[zedrickjuls]

Well, I'm just curious, does banning bitcoin means that all cryptocurrency will be banned from that country?

If bitcoin is ban in our country then all cryptocurrency are probably ban too.

[Ranly123]

I think Bitcoin being banned means all other alt coins will be banned as well since they are all in the same community, it is just that Bitcoin is the most dominant among those. Also, unlike individual people, the rulers are group of people to decide where in they will decide on the aggregate part of the crytp community and not only on a single part of it.

Diffenitely what you said was right. I guess when you say bitcoin literally bitcoin alone but other altcoins consider bitcoin as the main source for their trading because most of the population only access bitcoin first before buying and trading to other cryptocurrency. So when the government ban bitcoin it would probably include all altcoins.

[Sophia Portera]

For sure it means all cryptocoins will be banned. If you talked to people and you say Altcoins, they would like 'huh, what?'. Then you say Bitcoin and they will nod there heads. Properly the same with government. When they say Bitcoins they mean all cryptocoins.

[adekpulpen]

of course, if Bitcoin as the number one digital currency, is rejected
especially if only altcoin, of course they will refuse raw raw

[ranz_18]

Well, I'm just curious, does banning bitcoin means that all cryptocurrency will be banned from that country?

Sad to say but that's the fact. In my local exchanger bitcoin is the only cryptocurrency that is acceptable for conversion into fiat currency. So, altcoins is worthless if bitcoin will get ban.

[SpyX]

That's a good question, we don't know for sure the answer, but unfortunaly I think yes. Altcoins will be affected, because when government speaks about a bitcoin ban, they implicitly speak about cryptocurrency ban. All transactions will be illegal, even mining and faucet claim. But actually we aren't in this situation, all of this is theorycal, I hope this will not happen this year. I think it will happen in several years yeah, like 2020 because of climatic problem caused by bitcoins, they will regulate it.

[Joyceshiroor]

If a country is imposing a bann it will impose on all cryptocurrencies not only bitcoin.

[LogitechMouse]

It depends on how the government will ban it in their country. If they ban only bitcoin then maybe altcoin will not be banned and therefore, altcoin will be the coin they will use. If they ban cryptocurrency as a whole then that is the time that all coins will be banned in their country.

If bitcoin ONLY will get banned in a country, probably altcoins will not be banned too but the price of altcoins will be affected maybe positive or negative.

[elizavetausova0112]

I dont know! Can anyone share their knowledge? It's also a digital currency.