Will the governments ban all privacy cryptocurrencies ?

[justspare]

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.

Yes, we do not need to worry about any ban on any type of cryptocurrency. I believe no government will be having a separate stand only for privacy concerned cryptocurrencies. Most probably they will be having only once stand which is applicable for all types of cryptocurrency because any crypto currency could be having anonymous feature with few steps or with setup like bitcoin can be anonymous if you go for mixing services.

Crypto was created indeed for anonymous transactions, so that was not the reason the government then banned crypto.

Please do not spread wrong information about the purpose and why we are having crypto currencies. As far the I have learned, the crypto currencies are not created only for the reason of having anonymous transaction but it is the feature and we may go for it if we like. Cryptocurrencies are here only for the reason of having a decentralized financial system.

don't hesitate to buy, the bull run will happen soon and the government will never be banned from crypto.

I believe many people are hesitating to buy/invest crypto currencies just for the reason of fearing about government's stand. I too believe no government will go for completely banning even if they do I am sure they could not implement such a ban.

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[letyouearn]

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?

Don't think this will happen. Not now at least. And you should remember about decentralised exchanges also. I don't think they care what governments think
People are trading p2p with whatever they want.

[ethereumhunter]

I am sure its easy for the government to ban cryptocurrency because they have a big power which we don't know. But they won't do that because they still need time to learn more about cryptocurrency and I think they will take the benefits from the cryptocurrency, and I am sure right now, they are starting to investigate about the cryptocurrency. But if somehow, the governments finally ban the crypto, they need to make something within the internet connection so people cannot use cryptocurrency again.

[VaLeRaaa]

no, no one will forbid it. Crypto was created indeed for anonymous transactions, so that was not the reason the government then banned crypto. don't hesitate to buy, the bull run will happen soon and the government will never be banned from crypto.

Many confidential cryptoactives are simply necessary in modern life. For example, in the gaming or entertainment sex industry. People have the right to privacy. nobody can forbid it.

[minttop]

How does crypto be banned? So let's see how they will try to ban monero and nothing happens then.
Privacy coins are used for dark net activity and this market is just growing!

[rdewilde]

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.

Surely they will ban if they cannot control it, the Government needs to control everything related to their country so anonymous crypto and cryptocurrency are being cared by the government a lot last year.

[spike420211]

It is not beneficial for the government to completely prohibit cryptocurrencies, but they will not give them complete freedom either. They will make every effort to regulate the cash flow passing through the crypto markets themselves.

[tamango]

I think this can be very difficult to do because of decentralization... what governements can do and are trying to do is to regulate as more as possibile every aspect and primary exchange so that even if you trade privacy coin when you will have to convert them to FIAT you will be tracked.

[raptorez]

No, of course not, and for many reasons. Everything will be fine with cryptocurrencies, because so many people are interested in cryptocurrencies. Today, this is how you understand a very large number of people who have different social statuses.

[TWW]

It is not beneficial for the government to completely prohibit cryptocurrencies, but they will not give them complete freedom either. They will make every effort to regulate the cash flow passing through the crypto markets themselves.

there is not much that the government can do now. some countries forbid companies from conducting ico instead of prohibiting ownership of crypto assets. I also thought that asking for and controlling taxes would be very difficult. even if the government will make a ban I think this will be a problem for us.

[littleheart]

The digital currency is the ascent of political agitation. You don't need to stress over the eventual fate of the coin. In the event that the administration can stop the digital money bitcoin, it will vanish quickly. I feel that you fear the administration due to the obscure wellspring of individual assets? At that point digital currency is your best way.

[clololck]

This kind of time will not happen. If the government needs to ban privacy encryption, it should be banned very early. In fact, the ban does not make sense, and scammers are everywhere. This is a crazy era.

[longergou]

The government will not ban all crypto, because crypto will not have a negative impact on society, and the popularity of crypto will bring additional taxes to many countries.

[batang_bitcoin]

Do you think that other countries gov't can ban you or confiscate your privacy coins if you aren't living into their jurisdiction?

[r_delossa]

There is such a possibility because almost all crypto currencies are aiming the goal of decentralisation and going away from the third party. But privacy coins are pretty special and the worst enemies of existing governments.

[UniversityCoin]

Crypto has been banned for many years by many countries. And people from these countries find opportunities to make money on cryptocurrencies.
Of course, there is a risk, but how to earn good money without risk?

[bosede1]

I don't think it is feasible for government to ban all private cryptocurrencies, because on what stance will they do such. I don't really know much about it though but I think government has a lot to gain than lose in this crypto world. Some countries can decide to while some will not.

[Gryphet]

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.

Surely they will ban if they cannot control it, the Government needs to control everything related to their country so anonymous crypto and cryptocurrency are being cared by the government a lot last year.

Well, I think it is very difficult to control what is on the Internet , the Internet itself is decentralized and not mention bitcoin , I think is unlikely when the thread they will control the country

[kaseygriffin]

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?

only a few countries prohibit this. Because the country they are too weak to control crypto money. crypto is a trend, can't go against. Going against it is to make the country regress.

[ereborltc]

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?

With the steady development of blockchain technology, many governments are acquiescing and admitting the legality of cryptocurrencies, please don't worry too much.