Why Bitcoin can't be banned

[tiedcoin]

Bitcoin cannot be banned because of its very nature. It is an open source platform and is decentralized. It does not come under any governance and changing laws according to it will make no difference to the crypto itself. Considering how many countries had banned Bitcoin in the past, it still went higher.

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[wildflower18]

Bitcoin cannot be banned because of its very nature. It is an open source platform and is decentralized. It does not come under any governance and changing laws according to it will make no difference to the crypto itself. Considering how many countries had banned Bitcoin in the past, it still went higher.

Some countries banned bitcoin but it’s popularity becomes stronger. Exactly it is decentralized that even government cannot control it’s usage. Some prohibited using bitcoin but others follow the rules.

[btctaipei]

Let's see:

1) to ban something it cannot be achieved by passing legislation (like little children shouting and screaming for attention).  So far we've seen that by passing new laws, launching mock media campaign and spread disinformation did little to affect BTCadoption or progress thereof.

2) strength of an currency is based on the strength of the economy.

3) to stop the economy (2) you have to destroy and acts violently against participant. To enforce and maintain dominance of an particular currency you need mans with gun

4) no amount of violence could solve an math problem.  

5) Bitcoin protocol and construct are based on math, to attempt to use violent (4) to halt its use would not gain traction unless you can attack either the user (3) or solve the math "weakens the algorithm which were used to secures bitcoin transactions"

Flight to quality is very difficult to overcome.  Even if nation state bans bitcoin like China did, discovery mechanism will prevail, just like those who broke the great Firewall of China and posts here.

[MWesterweele]

Bitcoin can't be banned as a technology because you can't stop people from using it, it's open for all. But the other thing is that governments could introduce a law for Bitcoin so that it becomes unconstitutional.

indeed, people wants bitcoin, it is open to everyone, the more they are prohibited to it the more they will find their own way to access bitcoin website and they find way to earn it. so therefore it cannot be banned, website related to it can be blocked but it can still access through the use of third party softwares that can help them. we are in a fast paced technology now, no one can stop it nor hinder other people to their desires.

[Shasha80]

Even though there are countries that have banned Bitcoin, that cannot stop residents of that country from using Bitcoin.
As long as we can use the internet, we can still use Bitcoin, so there is no need to worry if our country is banned Bitcoin.
Even a country as big as China and America cannot kill Bitcoin, therefore I firmly believe Bitcoin will live a very long time.

[Crptomagma]

Bitcoin is a digitized currency and isn’t limited to any platform. It’s can’t be totally banned though many countries are against the technology but bitcoin enthusiasts are still investing and trading bitcoin under the nose of the government. The technology has gone big and can’t be frustrated by the government because many big business owners are now investing in bitcoin.

[kentrolla]

Even though there are countries that have banned Bitcoin, that cannot stop residents of that country from using Bitcoin.
As long as we can use the internet, we can still use Bitcoin, so there is no need to worry if our country is banned Bitcoin.
Even a country as big as China and America cannot kill Bitcoin, therefore I firmly believe Bitcoin will live a very long time.

Exactly, the major countries will become minor if they ignore BTC and lose the benefits as well. And countries who support Cryptocurrency will boom fastly especially Estonia the country which is very eco friendly when it comes to Cryptocurrency.

BTC can't be erased the vision is very big and there is a strong from the public too, so long-live BTC is my next resolution

[fishbonez11]

As long as there is internet there will be bitcoin. Government can regulate but they can't have the full control. I've seen countries that have been banned on using bitcoin but still managed to accept and buy bitcoin. This is the very reason why bitcoin is created, to create system that is not dependent on government or institutions.

[blckhawk]

Bitcoin cannot be banned because of its very nature. It is an open source platform and is decentralized. It does not come under any governance and changing laws according to it will make no difference to the crypto itself. Considering how many countries had banned Bitcoin in the past, it still went higher.

Bitcoin can be banned and some countries are already done that what you probably mean is that Bitcoin cannot be stopped. The government can impose a prohibition upon using crypto and make punishment who should not abide that law however if people really love this technology, they cannot be stopped due to the fact that they can hide their addresses and identity or simply become anonymous. Besides, Bitcoin is decentralized so there's no way they can totally manipulate this one.

[icy3]

Let em ban it, we gonna call it "loyalty points" or "utility tokens", then purchase our goods and services using it, murdering the fiat.

[Kocret02]

Sometimes ridiculous regulations are based on the government's public interest, so I thought maybe it was based on a dislike of bitcoin. I also think why feel like banned bitcoin is funny. but I think people will still own and use bitcoin for transactions of any kind

[irixo10]

On a more lighter note, it is definitely impossible to ban something with great value like Bitcoin. At this current stage that a lot of people has invested in Bitcoin, believed in its technology, developed on it and thus proving that for once, payments can be done in a peer-to-peer manner, then it means that the knowledge of Bitcoin has reached far and wide hence the government can't ban it. The only pain of the government is that, they understood they can't control it because of its decentralized nature, thus what the government has done so far is creating fud but nowadays, they are relaxing their laws to suit Bitcoin in any way possible because they have lost their battle towards it. Hence in my own opinion, banning Bitcoin is not going to happen and institutional investors will only but keep coming in  because they have no choice.

[Xinarae*]

No one will be able to ban Bitcoin even if they talk to the Chinese government. Bitcoin is not regulated by a decentralized government. Most traders from the government are leaning towards decentralized currency. They are making a lot of money by investing the government cannot do anything. The world will go a long way in digitalizing the world and in terms of technology. Proper use of crypto will also influence the government to use bitcoin. Many companies are getting involved with crypto.

[Swordsoffreedom]

People who speak out against Bitcoin all have the same principle. You know their main argument is that "if the governments of all countries will ban Bitcoin at some point then everyone will be deceived." The proponent of such a kind of theory is our Honorable Sir @JP_Morgan. But where is he now?
The reality is that Bitcoin can never be banned because now it is a global revolution and it is a global invention of modern civilization.

[mezzaluna]

I would like to take up the points of an article published on Bitcoinist. (Even if some will say that this media is Pro-Bitcoin the points are the most important.)

1. Laws Can’t Be Written Against Bits and Bites
2. You Can’t Ban Open-Source Distributed Software
3. Bitcoin Can Be Broadcasted via Satellite
4. You can Send Bitcoin Via SMS
5. You Can’t Shut Down the Power Grid

Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.

Another thing to think about is that the only thing that they can ban are the locally available wallets within the country but it is still impossible to fully ban Bitcoin since using Bitcoin is a profit to some local companies. Banning something just because of a petty reason will really draw flak from a lot of places and would just reignite the wants of people to further use it.

[NelfiNovita]

Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.

I agree with your opinion, until now the government has not been able to cripple bitcoin so that bitcoin is becoming increasingly popular.  If there is a government that wants to ban bitcoin, but their efforts are in vain, the proof is that until now the price of bitcoin continues to rise so that more people will know about bitcoin this year.

[shield132]

I have already posted a different opinion in this thread and I would stick with it that states that banning has no idea, they claim that bitcoin is the underground currency, so if you ban it what will change? Nothing, if we follow this accusation. If you make things illegal, people will always find a way to break through it and new method will be hard to catch in future but possible, it's a never-ending cycle.

But right now, a lot of companies implement bitcoin and a lot of them build businesses around it, it's getting stronger day to day, nothing has become so strong and popular in such a short time. We live in an era of information technologies, where innovations and new trends are coming quickly, everyone tries to follow the latest trends and bitcoin is that trend along with blockchain technologies, you can't kill the trend and it won't even die.

[Nhor1011]

Maybe in different country who doesn't like bitcoin always try their best to ban bitcoin but unfortunately they could not do it. They can't stop people in using bitcoin. So far we can see different businesses accepting bitcoin and there are Bitcoin ATM machines in other countries which clearly means that bitcoin is useful and nobody can stop it.

[sapnu]

Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.

I agree with your opinion, until now the government has not been able to cripple bitcoin so that bitcoin is becoming increasingly popular.  If there is a government that wants to ban bitcoin, but their efforts are in vain, the proof is that until now the price of bitcoin continues to rise so that more people will know about bitcoin this year.

Our country experienced before a crisis in bitcoin wherein the government attempted to shut it down because there are plenty of new saying that bitcoin is a huge scam. After a few months, the issue just faded away all of a sudden and it was forgotten by everyone. In that case, we can already see that most of the government in the world doesn't have control over bitcoin's domination. It was the ignorance that caused this commotion and it is not surprising anymore since the cases why bitcoin is getting near from being banned because people are not knowlegeable enough about this.

[Traderbtcc]

If it were easy for the government to just stop bitcoin from working they would have done that a long time ago,but it's obvious they can't stop bitcoin from working, the only thing they can do is to prohibit the use of bitcoin within their country, since they can't really stop their citizens from making use of it, the only issue is how to convert the bitcoin to their country's currency, that's the only downside to bitcoin getting banned in a country, I pray that doesn't happen.