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Author Topic: Will the government ban bitcoin?  (Read 1837 times)
almersyn
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April 29, 2018, 02:31:02 AM
 #541

yes I think the government strictly prohibits the circulation of digital currency in the form of bitcoin. Because they think bitcoin is the source of the means of payment from hackers and they assume the bitcoin is not clear from where the source is. They are awful if bitcoin is legalized to have such a huge economic impact on countries
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AthaiJehan
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April 29, 2018, 02:37:44 AM
 #542

I don't think so that Govt will bann Bitcoin.Because, It Comes with a lot opportunities & future. Many people has a way to earn when the are unable to earn for their Physical Problems.And Bitcoin has a very brigjt Future ✌✌✌
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April 29, 2018, 02:50:21 AM
 #543

Politics is one of the trouble in banned bitcoin or not in their country. Many government have banned cryptocurrency because they are do not like the cryptocurrency because support by their enemy politics, and they have choose to banned bitcoin and cryptocurrency in their country. They are not thinking about bitcoin and cryptocurrency will have chance to take profit for their people in their country and will be less their people are not worker. Have much money if government not banned crypto.

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MUSFIKAR
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April 29, 2018, 02:53:00 AM
 #544

Yes Not all governments respond the same to Bitcoin. Some act to set it to protect other users from scammers. Others, like Israel, do not include it in their official trade on the stock market but let Bitcoin exist in their country. Others are still studying and observing its impact on their economy. Putting you in jail because they claim that Bitcoin is illegal but now they put it in legal.
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April 29, 2018, 02:55:37 AM
 #545

Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?
It will never be banned if we used bitcoin in a proper way. Some countries banned bitcoin because of illegality of using it they use it for crimes. Some used it to gained more money . But I know bitcoin will become famous because it gives more advantages to all of us. All we need is to do the right way of working with bitcoin.
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April 29, 2018, 03:00:16 AM
 #546

Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?


I think, the government should taccept the bitcoin. the bitcoin is the future currency, it is digital. No one can refuse the future technology. The government prefer legalize the bitcoin. In my opinion.
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April 29, 2018, 03:07:41 AM
 #547

The government can ban bitcoin and we can not control if they will eventually ban it.
And it will can be a really serious matter in the future.because many people earn money from bitcoin.

bitcoinrunners001
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April 29, 2018, 03:17:05 AM
 #548

There are some countries that banned bitcoin.The government think that bitcoin is a threat in their economic financial stability. But they can't fully ban it because bitcoin is decentralized.The Government does not have good and substantial motivation to boycott bitcoin. Considering the way that bitcoin change numerous existences of individuals and help to lessen neediness through giving a road to diminish joblessness and offer opportunity to gain past the lowest pay permitted by law.
i_iz_vins
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April 29, 2018, 04:33:17 AM
 #549

Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?
Our government has no plan on banning it but they are still looking after bitcoin. They see threats but they know it has many positive effects on the society and economy. There are interviews that they said that they think bitcoin will be good in the country and should not be used in illegal activities. The only downside is it can be used in crimes and also bitcoin is not taxed which the government does not want.
NightCloudz07
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April 29, 2018, 05:00:51 AM
 #550

Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?
yes that was true only government can have a right for bitcoin in there country so they have the option if they ban it or not but i think it was better to accept bitcoin in a country.

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April 29, 2018, 06:37:07 PM
 #551

No, the government will not ban Bitcoin. If Bitcoin's problems are too large, the government will solve it, but the government will not ban Bitcoin. I think that if the government bans Bitcoin, people who are earning money using Bitcoin will suffer a lot.
Rakesh_alejandro
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April 29, 2018, 06:44:14 PM
 #552

In my opinion most countries ban it. It is tax free and anonymous operation is difficult to control. The government always wants to hold. And it affects the banks


I think the biggest drawback of Bitcoin is that it will not control any government, and it will not be able to control Bitcoin, which will have a major impact on the economies of various countries.
No, if the benefits brought by Bitcoin are large enough, the government will certainly allow it.
lisasteca
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April 29, 2018, 06:55:37 PM
 #553

It is very difficult for a government to ban the btc because an instrument of payment and investment can not be prohibited if it is not contrary to the general principles of the legal system. It would be like prohibiting the bank check or the bill of exchange.



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kii56
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April 29, 2018, 07:06:20 PM
 #554


Для пpaвитeльcтвa тpyдный вoпpoc зaпpeтить или paзpeшить биткoин, c oднoй cтopoны oни нe мoгyт кoнтpoлиpoвaть пpибыли и пoлyчaть c ниx нaлoги, c дpyгoй cтopoны пpи зaпpeтe мнoгo людeй пoтepяют дoпoлнитeльный зapaбoтoк для пoвышeния cвoeй жизни.


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April 29, 2018, 07:13:21 PM
 #555

It depends on each country, but most governments in Asia are always banned by the MOF. BTC is accepted only in some European and American countries.


I think the government, the political parties are just people and they change, and their beliefs are also growing. Bitcoin must also be integrated into the world's public payment system, or it can be the main currency of the criminal world
In my opinion in the first government will try to control bitcoin. On the other hand, bitcoin and other cryptocurrencies will gain more influence in the world and TOP 7 government must find a way to integrate bitcoin into the world economy.
cordlesslake
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April 29, 2018, 07:21:32 PM
 #556

I agree with lisasteca. You can not forbid something that does not harm anyone. The btc is a payment system that is based on spontaneous acceptance among users. It is not an illegal currency so only a dictatorship can forbid it.
basyang
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April 29, 2018, 08:21:30 PM
 #557

Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?

Well, I think the government banned the bitcoin if people who used it is still scam other people that's why the government need to do action about it. So, as long as bitcoin users did not do anything against the government regulations bitcoin can not be banned.
 

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April 29, 2018, 08:33:59 PM
 #558

You can ban almost everything, but it does not mean that it will not be used. What is forbidden gets even more momentum. Countries banning crypto do not look to the future.
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April 29, 2018, 08:35:47 PM
 #559

It depends on the government's mindset of the country because each country will be different from its government. As in my country the government also blocked bitcoin for fear of disrupting the economy and i am sure the government of my country is working together to the local bank for fear the bank will be replaced.
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April 29, 2018, 08:41:52 PM
 #560

If any government decides that the trade or possession of bitcoin is illegal, then the question immediately arises: how can this ban be implemented? After all, the government will not be able to confiscate the bitcoins from the owners if they do not hand over the private keys themselves.
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