Fact about Cryptos

[danherbias07]

Yeah.
Since I have never been into any other country I just have imaginations of what is happening to them when bitcoin is banned.
Are they fixing their IP's or something like banning the bitcoin word?  
Just have the thoughts but dont really know the experience.

It is the internet era. Bitcoin is in the internet. So I could just use VPN's to make it look like I am in another country. With that I could transact again. The problem will be withdrawals if the police are investigating any business that provides conversion with bitcoin to their own currency.

[GREENch]

In some countries the Telegram messenger is prohibited, but this does not prevent people from using it. The same is true in the crypto - even if it is forbidden, people still find ways to circumvent this decision.

some forbid, but in the future I think there will be regulations that make everyone take into account the development and important role of crypto. we will see it later, in the future when everyone starts to realize.

It seems to me that the logical outcome of the development of blockchain technologies is the emergence of centralized state coins, all the resulting advantages and disadvantages. This is my vision of what will happen))

[Tungsten-1]

The fact that the government won't be able to kill cryptocurrencies, but can make it very difficult to use them if they want to.

 
No it is not like this now a day people are liking crypto currency because they got to know that investing their money in crypto will make the country's economy even better so I think governments should Allow their people to invest and use crypto. The fact is crypto currency has an ability to change the life of an investor.

[BeginToMine]

Crypto cannot be banned physically and if the government of a country were to suddenly ban Cryptocurrencies, it wouldn't affect the people that are already holding Cryptocurrencies before the ban but it will affect newbies who want to acquire it because there would be no legal way to purchase crypto with fiat.

[m0Ray]

Absolutely no country will be able to completely ban cryptocurrency. They just do there's nothing you can do about it

[fortunecrypto]

There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically
Either U.S ban crypto or not it won't hurt at all

We are aware of that even if some countries are now banning Cryptocurrency, they can't stop their people from participating in the crypto revolution, from trading buying and joining bounty campaign, they can restrict IP, but we all know there is a VPN to rely on.

[jcarlo]

There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically
Either U.S ban crypto or not it won't hurt at all

I think, actually the government will regulate the cryptocurrency market because the government will definitely take advantage by taxing cryptocurrency transactions. In some countries, cryptocurrency is like a commodity and everyone is free to trade or make it as investment as long doing KYC at a local exchanger

[VDraci]

No one can touch bitcoin or any crypto coins because they don't exist physically and whether government like it or not sooner or later they will have no choice but to accept the technology, its time that people will do the talking not the government cos government can't decide for people

[Pithaxz]

I don't think America is the only country that prohibits cryptoqurency but there are still some other countries that forbid this, but not my country. in my country it does not prohibit the existence of cryptoqurrency but the government recommends caution regarding crypto because investing with crypto is a big risk. that's the way it is

[OptimusPrime_3]

If US government bans cryptocurrency,  that will affect only the U.S. citizens or any other country under them.  But it will actually be bad if more countries ban cryptocurrency than to accept them

[Menawi12]

There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically
Either U.S ban crypto or not it won't hurt at all

American law can reach the entire world if the company conducts business relations with companies or individuals from America. There used to be a project that was required to repurchase because it was sued by an American investor. Therefore, many projects prohibit American individuals from joining campaigns or token sales

[StatesManG]

Don't think so, if US makes such move as to ban cryptocurrency, it could prompt a lot of country to start banning it as well. So to me if only what it takes is regulation,  then that's great and let's stop speculating about banning

[Averim]

Yeah right, they can ban it but it's just applicable to their country or any state that specifically wants to ban it. But other than that, it depends on the nearby countries and states if they would want to follow the ban that they had implemented.

The community isn't scared of bans anymore, they already implemented it to some exchanges like Binance. As a sample, we're just living and getting used to that and they'll get tired of it when they see more people became prosperous and loving crypto's.

If we talk about banning crypto on the behalf of countries with financial power like U.S.A, U.K., France, China, Japan, South Korea and not only, the question remains is what do you do with all those tokens when nobody accepts them as payment method?

[gwaposakon]

The usage and awareness about cryptocurrencies, especially bitcoin and ethereum, have already gone mainstream that it is hard for it to be controlled. So, it will be indeed very hard for regulators to ban them. Maybe its development maybe slowed down but it is here to stay for a long time.

[carriagehoodlum]

For me cryptocurrency is unstoppable. No one can stop it maybe, in their country but not worldwide. Investing in crypto is a risk but its like the same investment we do outside the internet.

not everyone knows and understands the use of crypto. even today crypto has not given their role as payment virtual money. maybe some have used it but as from crypto itself and the development of crypto as digital money has not been maximized.

[adamin1i]

There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically
Either U.S ban crypto or not it won't hurt at all

Bitcoin ban is only possible by turning off the Internet. You wouldn't know how much it would be worth in the future but bitcoin will always be there.

[tondenga2122]

The reason why they are banning crypto is that its transaction can't be detected (They are anonymous). And people often use it as buying and selling drugs, terrorism and many more.
But the reality is not like that. Crypto can be used to lower fees sending money to other countries as it has low fees rather than using a local bank.

[Borisov]

One more Trump scare. You can bet that before he twitted, he asked his staff to sell! Everything Trump say is linked to his investments.
Then he will ask his team to buy and post something like "US must stay the leader in Cryptocurrencies blah blah bla", then crypto will go up and Trump will be more rich.

You cannot stop people doing Crypto. American will bypass the government ban like Chinese are doing too, using VPN. But guess who is buying crypto? Trump and his friends.

I like the way you talk.  I think that's what it was)). trump knows how and what the market reacts to. in fact, they are not manipulating the market, but us.

[cryptonewbie]

IDEX has just recently announced that they would be enforcing KYC to all participants, while it is true that regulations cannot physically restrict Cryptocurrencies from existing, you have to consider that Cryptocurrencies are as good as dead when people are not allowed to trade it in any exchange.