What if Government bans Bitcoins?

[Nexjr14]

If the government prohibits cryptocurrency (Bitcoin), then the use of cryptocurrency will decrease and the price will fall. In my country, Bitcoin is only a medium of exchange, even though the government bans Bitcoin.

[kasurnya]

every country around the world has made a decision about this, some support and some refuse explicitly.
but calm down, not all countries refuse bitcon, and I think at the moment the whole world is starting to realize the benefits of bitcoin, it is possible that in the future bitcoin will be accepted globally...

[Josiah Dave Leonor]

That's the main problem that BITCOIN is facing, governments are really against in Bitcoin without looking for its advantages.they dont control btc.still growing and growing.It is as a potential new market and an opportunity for the future of a new way of trading and storing assets

[Yantoaja]

i dunoo why country must banned some investment like bitcoing but they not banned investment for tobbaco or alcohol invesment, cause this stuff make us not healt and dangerous, why must banned bitcoin. bitcoin can make economy better in my opinion

[Darz299]

the government's ban on bitcoin makes the price of bitcoin go down. it's forbidden to invest like bitcoin because it makes us unhealthy and dangerous, why should we ban bitcoin. bitcoin can make the economy better in my opinion. but bitcoin cannot be controlled also the price is uncertain which makes the government prohibit it.

[agor]

Pay no attention to this fact?

[kumar jabodah]

Being banned with bitcoin is a difficult decision. Because many people do not agree with it especially the people who know the real with it. With our coins on the wallet if we can not stop it, we can sell the crypto currency to another country.

[yakust]

Thet might just use it.

[Raiwenkai]

I hope not, bitcoins is a big help for us through bitcoin I can get some extra money to pay some of our personal bills.

[John.Verdon761232]

Some countries have already banned it, but many such ones that are more loyal to bitcoin. Let's hope that more countries will resolve it, otherwise bitcoin will not be in a better situation.

[klgeroghei]

To do this, all countries of the world need to go to one opinion about the ban on bitcoin. But I am sure that this will not happen because there are countries that have adopted this technology. besides I think that most fund companies and investment companies invest and trade cryptocurrencies, they would not accept such a ban.

[Reoreo]

I dont think so because there are a lot of alternative coins instead of bitcoins.

[rudox]

If government succeeds in outright banning of Bitcoin then the coins in our various wallet will become useless. But I do not think it will be possible for all the government world over to ban bitcoin at the same time. Already we have some counties that had already endorsed bitcoin and legalized cryptocurrency in their countries.

[Leonora2]

Advances in science and technology are being formed including the cryptocurrency market. If the government bans the operation of crypto, it can hinder the advancement of technology. That may affect the financiers.

[Ayohafees]

Government can ban BTC in one country not all, all country have their right to choose whether to accept it or not and not all can see BTC in the same perspective. It is not to be denied that if some country denies it some will want to take the same step but it the nearest time I see the use of crypto going mainstream.

[Ebeano]

It won't be that easy for government  to ban bitcoin  outrightly, considering the decentralized  structure of bitcoin.

[dobladonadouble]

It is possible for the government to ban bitcoin in any case. But the least thing they want is the falling down of their economy. So banning bitcoin is not an option. And since all countries are aiming for globalization, bitcoin and other crypto market are very useful for it.

[shittypro]

We already banned some of the country and i think it was so sad if you already invest a lot of money in bitcoin and they come banned in your country is' really sad and disappointing from that cos your expectation to earn from bitcoin with a good profit will lose and gone

[onlygodknowsx]

Im already invest in bitcoin in a long long year ago and im alwasy earn with a good profit cos im n investor and trader so now im still have money on bitcoin what eill happen to my bitcoin if it banned in my country we lose our life and apportunity of the people if we do that so i think that is a bad idea to banned in other country

[Rafael.angelo]

Then it would be same as it is now after being banned in a lot of countries. The decentralized nature of bitcoin makes governments approval flimsy.