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Author Topic: crypto banned?  (Read 831 times)
kecha1
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September 06, 2019, 09:49:47 AM
 #61

Crypto is banned in many countries, such as India. And this trend is growing. But at the same time, many countries accept crypto, so the scales are balanced
mersal
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September 06, 2019, 02:06:41 PM
 #62

I think that despite all the attempts of the state to ban the cryptocurrency, it will still flourish. It is no longer possible to simply ban this phenomenon or pretend that it does not exist. Bitcoin is able to completely transform the financial world, or rather it has already done so. And the government has only to accept it and stop obstructing.
Government can't stop bitcoin but they can stop the companies from accepting cryptos which can hinder the growth of bitcoin adoption.

But not all governments opposing cryptos which is good thing.
Herbet Fry
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September 07, 2019, 12:49:23 AM
 #63

It will be very difficult to ban something people are so passionate about. Especially when it involved their money and livelihood. No good can come of it but plenty bad can. Logically thinking people will never vote in such a law and this will never be passed. The day something like this passes means freedom no longer exists in that country and you should leave asap.

Jorge158
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September 07, 2019, 03:18:55 AM
 #64

I am glad to realize that despite all the prohibitions cryptocurrency not only continues to exist, but also to develop very well. It would be strange if the entrenched global financial system would embrace an independent digital currency with open arms. But I believe in bitcoin and its further development. He wins all the state bans.
This shows the power and capabilities of Blockchain. The government cannot stop Blockchain and cryptocurrency development. In the light of this, the governments will be left with no option than to embrace this revolutionary technology and integrate it into other renowned payment systems.

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suvo05
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September 12, 2019, 09:39:38 AM
 #65

I don't think that the crypto can that easily get a ban. All your stated methods like exchange, cards are all third party. And when you are dealing with the third party they always ask you for KYC for their security reason and take a high fee. But do you ever think that if two people willing to a deal directly using the crypto then there is no other to stop. 

Mike Mayor
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September 15, 2019, 11:50:21 PM
 #66

Crypto is banned in many countries, such as India. And this trend is growing. But at the same time, many countries accept crypto, so the scales are balanced

No it's not.


I don't think that the crypto can that easily get a ban. All your stated methods like exchange, cards are all third party. And when you are dealing with the third party they always ask you for KYC for their security reason and take a high fee. But do you ever think that if two people willing to a deal directly using the crypto then there is no other to stop. 

Exactly and since everyone has a phone and since making a payment with crypto takes very little data everyone can use it. The fees are much easier to deal with and there are no obligations from the bank or useless forums to fill in.

killat
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September 16, 2019, 06:03:55 AM
 #67

You need to understand that Bitcoin cannot be simply banned as long as Internet will exist. Your government blocks you from changing  your crypto to fiat in your country? No problem, do this when you go on holiday in other countries.

Another alternative would be to buy goods directly via Bitcoin as a lot of merchants already accept Btc as a payment option.

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