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Author Topic: Will the governments ban all privacy cryptocurrencies ?  (Read 2330 times)
oppo070
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December 11, 2018, 11:44:01 PM
 #101

I guess  not, they don't have the power to directly ban it but maybe they might make something that can affect it. The very first characteristic of a privacy coin is anonymity and government doesn't like that. They might also want crypto to utilize taxes for them to benefit from it.

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December 12, 2018, 09:00:30 AM
 #102

The cryptocurrency is the rise of anarchism. You don't have to worry about the future of the coin. If the government has the ability to stop the cryptocurrency bitcoin, it will disappear immediately. I feel that you are afraid of the government because of the unknown source of personal funds? Then cryptocurrency is your best way.... I have to say that this is really a shortcoming of cryptocurrency. Grin

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December 12, 2018, 09:14:43 AM
 #103

The government cannot ban all crypto because it is also impossible to turn off the internet. If indeed the government will ban crypto, this will not have a critical society and will not have advances in technology.

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December 12, 2018, 09:20:04 AM
 #104

Crypto currencies industry is pretty big at the moment and I cannot imagine such a scenario that all crypto currencies will banned by governments. They will be regulated that could bring another wave of hype.
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December 19, 2018, 07:16:53 PM
 #105

It will never happen. Cryptocurreny will be here to exist until there are traders on the on exchange. The government doesn't have that much authority on banning privacy coins especially if the coin provide a lot of advantages or usage. The only time that the government can intervene is when crypto is not following the law or affecting the money circulation.

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December 19, 2018, 07:30:21 PM
 #106

It will never happen. Cryptocurreny will be here to exist until there are traders on the on exchange. The government doesn't have that much authority on banning privacy coins especially if the coin provide a lot of advantages or usage. The only time that the government can intervene is when crypto is not following the law or affecting the money circulation.

In any case, the world is already brewing up a situation where cryptocurrency should not be recognized as securities and assets. Cryptocurrency must maintain such status so as not to attract the attention of regulatory authorities. Although if we take into account the capitalization of the entire cryptocurrency market, then such money will always attract the views of the authorities.
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December 19, 2018, 08:01:23 PM
 #107

I'm considering to buy and hold some privacy coins for long term. I read some articles and they said governments are taking harsh stances on privacy coins. Do you think they will ban all privacy cryptocurrencies by prohibiting exchanges to list those coins?

In my opinion. I do not think that all Governments banned cryptocurrency. Not all people have the same objectives when it comes to cryptocurrency if their is a country who banned it just let it be because we can not force someone to like cryptocurrency if they do not want. Regulating the cryptocurrency inside their country is their right to do it eventhough it is decentralized.

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December 19, 2018, 08:16:23 PM
 #108

I'm considering to buy and hold some privacy coins for long term. I read some articles and they said governments are taking harsh stances on privacy coins. Do you think they will ban all privacy cryptocurrencies by prohibiting exchanges to list those coins?
I think they may try but they will not have much success because it is impossible to enforce short of shutting down the entire internet. People will find a workaround for any attempt to ban. The power of Governments is limited once it tries to go beyond business entities in its own jurisdiction and enforce its laws overseas. The US has been waging a war on copyright piracy for years and has been unable to enforce that globally.

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December 19, 2018, 08:23:12 PM
 #109

the use as more to goes on customs with institutionalized arrange with government regulation of security token offering with the initial release of shares with the public announcement gives of guarantee as investors to manage with least on risks as expending use of possession with investment on crypto currency field of business with the finance.

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December 19, 2018, 08:55:56 PM
 #110

There are other ways they could use to discourage investors from buying them and to discourage exchanges from listing them, although not all exchanges, but one thing i know is that, they cannot ban it. Inasmuch as cryptocurrency is still decentralized, they can't. Then the people, investors have the power here.
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December 20, 2018, 06:54:44 AM
 #111

It is meaningless to prohibit, the growth of cryptocurrency is not blocked by anyone. This is a human progress, but there are still many difficulties but it cannot be stopped, so you don't have to worry.

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December 20, 2018, 06:57:31 AM
 #112

Not all governments are prohibited from crypto. Although crypto can be used for many criminal activities (such as money laundering), crypto also brings tax and technology development to many regions.

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December 20, 2018, 07:16:34 AM
 #113

I guess it's not possible. see the potential crypto can Government should see this as an advantage that must be obtained in order to create a society that is full of earnings. Crypto will be more attached to and become a part of every transaction and it will not be avoided. so I don't think the Government will not be able to stem this is for the more advanced.

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December 22, 2018, 08:53:17 AM
 #114

I'm considering to buy and hold some privacy coins for long term. I read some articles and they said governments are taking harsh stances on privacy coins. Do you think they will ban all privacy cryptocurrencies by prohibiting exchanges to list those coins?
This may well be, since I have long read that Japan has banned the use of cryptocurrency in you, which have a high degree of anonymity, such as Monero, Dash, Zcash and others. True, I have not heard for a long time how such a prohibition is observed. So it is quite possible that other states will follow this example. In addition, I think that over time, the state will try to limit the circulation of cryptocurrency. States generally do not need a decentralized cryptocurrency.
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December 25, 2018, 07:23:06 PM
 #115

I don't think that this will happen. It is not profitable for governments, since they themselves invest in cryptocurrency Cheesy
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January 07, 2019, 05:27:26 AM
 #116

I'm considering to buy and hold some privacy coins for long term. I read some articles and they said governments are taking harsh stances on privacy coins. Do you think they will ban all privacy cryptocurrencies by prohibiting exchanges to list those coins?

Is there a reason they should be blocked? Personally, I somehow do not understand why cryptocurrencies can block at all. This is not music or art that can somehow offend someone.

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January 07, 2019, 06:38:46 AM
 #117

That's never going to happen and as a matter of fact if in the future we start seeing government involvement in cryptocurrency then who do you think will benefits most ? It's the government ,there involvement will bring regulations and government involving is also as politicians involving in cryptocurrency so....

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January 07, 2019, 08:38:14 AM
 #118

Yes might be, if the cryptocurrency is somehow a threat to the economy of a country then they have the reason to buy the access and use of it across their country. I guess cryptocurrency might have no negative implication but the government doesn't like it.
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January 07, 2019, 09:01:22 AM
 #119

I don't think that this will happen. It is not profitable for governments, since they themselves invest in cryptocurrency Cheesy

That's right, this is a pretty stupid question that I saw on bitcointalk, it was a funny joke for bounty hunters, and I saw it too. But it must be affirmed that the government does not want to and will not do so, it will be very bad for them in the future, an era of technology over 4.0  Shocked Roll Eyes

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January 07, 2019, 09:02:47 AM
 #120

I'm considering to buy and hold some privacy coins for long term. I read some articles and they said governments are taking harsh stances on privacy coins. Do you think they will ban all privacy cryptocurrencies by prohibiting exchanges to list those coins?
It will not be banned, since it is much more difficult than to create control over the entire market. Therefore, while there are not even the first steps, it is possible not to worry about the ban.

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