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Author Topic: Will the government ban bitcoin?  (Read 1837 times)
Ankhesenamun
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April 30, 2018, 11:31:40 AM
 #601

As far as I know, it's kind of like in some countries it is already banned. although it may be confusing. But even in those countries where there is no ban in no hurry to legalize it.
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yudi31
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April 30, 2018, 11:37:30 AM
 #602

if bitcoin beat paper money and interferes with the performance of the possibility of bitcoin will be prohibited, but if bitcoin does not exceed or disrupt the movement of state money or bang state bitcoin will not be banned
sheldonnnn
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April 30, 2018, 01:04:43 PM
 #603

If a government decides to make trading or possessing Bitcoins illegal, questions will be raised about how exactly it will enforce such a ban. It is impossible for a government to seize your Bitcoins, unless you decide to handover your private keys. However, the majority of citizens and institutions like to stay on the right side of the law. So the demand for Bitcoin would plummet if the government decided to ban it.
kakajones25
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April 30, 2018, 01:34:37 PM
 #604

Currently in my country there is no prohibition on buying bitcoin, because for the government can reduce unemployment, so there is no prohibition for bitcoin.
oniracnai
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April 30, 2018, 01:44:37 PM
 #605

I think they can't ban bitcoin. Bitcoin is a worldwide phenomenon, helping people with their business and money they earn. Bitcoin do a secure  process in terms of the money. There is nothing wrong about bitcoin.
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April 30, 2018, 01:58:06 PM
 #606

 Not anytime soon, or less the criminals out their will use bitcoin to increase the act of robbing.   
amadorj76
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April 30, 2018, 02:06:08 PM
 #607

there are some countries that prohibit bitcoin and do not accept bitcoin in the country but bitcoin users can still use its bitcoin and the government can not know it, the government should be able to accept and support bitcoin because bitcoin has changed a lot of people life for better and have better finance

Some of the countries already banned bitcoin,  all of the currency that we have in this world are being use in different things including criminality, buying illegal drugs, illegal firearms and so on but why they are not banning our real currency to stop those kind of illegal activities?  that is only my opinion about it.
Komaci
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April 30, 2018, 02:22:16 PM
 #608

I think the government can ban Bitcoin, but it can't stop Bitcoin.Bitcoin will exist prior to the Internet available here and most governments are already investing in bitcoin because their belief that crytocurrency is the currency of future investments.
gordeevaverona
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April 30, 2018, 02:23:27 PM
 #609

As far as I know the vaccinations do not want to ban bitcoin, on the contrary they want to legalize it as an e-currency
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April 30, 2018, 02:27:39 PM
 #610

Hopefully no. Bitcoin helps people today. I just hope that it will not be used to scam people. I think as long as it cause no harm, it will not be banned. Hopefully it will be legalized.

tikaka
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April 30, 2018, 02:30:35 PM
 #611

Do not panic about the prohibit bitcoin decision in some countries. Because there are still some big countries investing and developing bitcoin. I find that some countries have decided to ban bitcoin but I see the bitcoin trading floor is still active and even the big bosses in that country are building factories with a bunch of computers to exploit bitcoin. So, I think bitcoin will not be banned in all countries

Woterry
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April 30, 2018, 02:47:19 PM
 #612

Yes, they can. And there are a lot of reasons why they are doing it. Reasons like they can’t get something from the world of crypto. Banks will start to decrease due to none use of physical money. And of course, they can’t see the world improving when governments are not earning.

jh3mx
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April 30, 2018, 02:50:22 PM
 #613

if the government will have benefits on it then NO they will not ban it.
thats how politics works... Shocked Shocked Shocked

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April 30, 2018, 02:57:18 PM
 #614

there are some countries that prohibit bitcoin and the government are worried about the use of bitcoin that can be used for crime so the government will not let that happen and they decide to ban bitcoin

CapGelatik
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April 30, 2018, 03:00:31 PM
 #615

As far as I know, it's kind of like in some countries it is already banned. although it may be confusing. But even in those countries where there is no ban in no hurry to legalize it.
in my country bitcoin still not legal but still accessible, because that is prohibited only transact using bitcoin, in my country only use country currency as a legitimate transaction.

charlemagne_15
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April 30, 2018, 03:02:10 PM
 #616

most likely yes, but it will happen if criminals are already using Bitcoin as their crime

It's possible to be happen to use bitcoin in their crime,  I heard there some people use bitcoin to their bad doing. And there's possibility to government will ban bitcoin.

I think people are starting to use bitcoin for illegal use. If this will continue in the future, there is a huge possibility that governments will ban it. Since bitcoin's transaction can be made easily it could be a source for that. Being in bitcoin can also be an anonymous. Governments fear the possible outcome of bitcoin in wrong doings.

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BlackRacerX
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April 30, 2018, 03:20:02 PM
 #617

It really depends on the government of the country. Some governments acrually welcome bitcoins like what Japan did last year. China on the otger hand is banning bitcoins for life. But for me, no government should ever prevent its people to have bitcoins in their possession.

jh3mx
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April 30, 2018, 03:31:31 PM
 #618

As far as I know, it's kind of like in some countries it is already banned. although it may be confusing. But even in those countries where there is no ban in no hurry to legalize it.
in my country bitcoin still not legal but still accessible, because that is prohibited only transact using bitcoin, in my country only use country currency as a legitimate transaction.

in my country its not legal nor illegal. but the government is making a study about cryptocurrency..
like i said if they till have benefit on it why ban it Cheesy

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jcpone
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April 30, 2018, 07:06:49 PM
 #619

In my opinion, possible will the government ban bitcoin. Some country not accepts the bitcoin, they think that It is scams or people was used in illegal purposes or work. They not understand the advantages of bitcoin especially to payment transactions.

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April 30, 2018, 07:17:39 PM
 #620

It is possible that the government ban bitcoin if they will not have enough control what people invest.
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