Will bitcoin get banned worldwide?

[Mulann2]

Btc can not be banned worldwide,  how do you come up with such thoughts, the government may warn against it or try to stop people from getting involved but they can't entirely stop btc from existence or ban it, btc and blockchain is here to say, even the government are beginning to recognize that, btc awareness is fast growing so is the adoption.

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[Driggers95]

Bitcoin being banned worldwide is an absurd idea since prohibiting it would be tantamount to banning the internet itself! Also, if we

could only see the increasing adoption rate and popularity of Bitcoin and other cryptocurrencies, then we can say that it will make it even

more less likely to disappear in the foreseeable future.

This ridiculous idea has been popping up in the past, but one thing the governments of the countries realize is that they banned it too late and even if they banned it, nothing can stop someone else from participating in bitcoin, unless, as you say, ban the internet altogether but that's impossible. In addition, bitcoin is beginning to create some benefits for the government, many countries have been able to gradually accept bitcoin, by the time the government can handle activities from bitcoin, bitcoin will be accepted worldwide

[inashed]

Not only digital money wont be banned worldwide, fiat digital money will be used worldwide.

Also there is no such thing as worldwide there are countries and countries ban stuff, unless you believe at conspiracy theories there no such thing as "banned worldwide".

"But you said 'fiat digital money will be used worldwide.', so this means you are contradicting yourself!!!"

There is no contradiction because, I believe at conspiracy theories and under such hypothetical world I believe we are living at, where conspiracy theories are true, making it fiat WORLDWIDE, is a valid thing.

[manok jepang]

No, because achieving reasonable anonymity with Bitcoin can be very complicated and perfect anonymity may not be possible. This is anonymous in the sense of Bitcoin components, such as addresses, private and public keys, and transactions, all of which are read in string text, such as public addresses, which are not connected directly to anyone's personal identity.

[Bitcoin Seller]

Bitcoin, the crypto currency, has become huge in popularity over the recent years.

One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.

Well, it's not completely anonymous, it's pseudonymous. I don't think it will ever be banned entirely, and if it were to be it would have happened already.

It's become too large to completely ban IMO

I will agree with each of your statements here: Bitcoin will not be banned globally. However, Bitcoin is a conditionally anonymous cryptocurrency, transactions with which do not disclose the names of wallet owners. At the same time, information about transactions is available to everyone, as records of them are stored in the public registry.
hanks to this, you can track and compare the identity of the owner with ongoing BTC operations.

[momchilandonov]

Of course not.

[bright4mech]

Bitcoin can not be banned worldwide, because is a popular know as a digital asset, which is perfectly working online, as long internet are existing bitcoin we continue spreading worldwide.

[seoincorporation]

Bitcoin, the crypto currency, has become huge in popularity over the recent years.

One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.

It can't just be banned since it's decentralized to ban it is a tough task. Countries could try to ban bitcoin port, and that way they could avoid nodes to connect, but you don't have to connect to bitcoin port to make a bitcoin transaction, i mean, you can make a transaction from a website, so this is why bitcoin is hard to ban. And when governments realize it will be too late.

[sodiik]

Bitcoin, the crypto currency, has become huge in popularity over the recent years.

One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.

No, the whole world will not prohibit Bitcoin. Some countries have developed Bitcoin even used as a payment medium. We should definitely speak positively to the development of Bitcoin until now. Some countries prohibit Bitcoin, but not all countries.

To date, there are still many people who start investing. They say that to make great profits, it was only seen in this industry. Even the largest digital asset exchange in my country is very active in making events discussing digital assets.

[coin-investor]

Bitcoin, the crypto currency, has become huge in popularity over the recent years.

One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.

How many countries are banning Bitcoin? I don't see the figure as alarming check out this map and you can see that it's not alarming at all
https://cryptonews.com/guides/countries-in-which-bitcoin-is-banned-or-legal.htm in fact the adoption is moving faster than countries banning Bitcoin.

And these countries that are banning Bitcoin will have a change of mind in the future, Bitcoin is something that we cannot ignore, you can ban facilities that use Bitcoin but not, it's people who adopt it, they will always find a way.

[libert19]

It's pseudonymous.

You are looking at half empty glass, many countries are going towards regulations rather than bans, however, there is small minority that wants to ban, I hope they realize cryptos are here to stay and make necessary improvement.

[Zionatin]

It's pseudonymous.

You are looking at half empty glass, many countries are going towards regulations rather than bans, however, there is small minority that wants to ban, I hope they realize cryptos are here to stay and make necessary improvement.

They will never regulate crypto. They can't even regulate or get people to pay tax so crypto is the last thing on the governments list.

Bitcoin, the crypto currency, has become huge in popularity over the recent years.

One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.

Well, it's not completely anonymous, it's pseudonymous. I don't think it will ever be banned entirely, and if it were to be it would have happened already.

It's become too large to completely ban IMO

I will agree with each of your statements here: Bitcoin will not be banned globally. However, Bitcoin is a conditionally anonymous cryptocurrency, transactions with which do not disclose the names of wallet owners. At the same time, information about transactions is available to everyone, as records of them are stored in the public registry.
hanks to this, you can track and compare the identity of the owner with ongoing BTC operations.

How would that allow you to track the identity of the owner? How are transactions from a wallet to other wallets going to give you any indication of who the owner is?

[longtkhd]

The legal status of bitcoin (and related crypto instruments) varies substantially from state to state and is still undefined or changing in many of them.Whereas the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications.Based on the Blockchain platform, everyone can see the transactions with the certainty of the electronic market, I think it will not happen that bitcoin is banned globally. I believe that bitcoin will be a monetary bridge in the context of a normal war that can take place at any time.

[TheMiddleMan]

Bitcoin, the crypto currency, has become huge in popularity over the recent years.

One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.

In my country cryptocurrencies is very well accepted by the governemnt so maybe some will ban it but not all countries

[libert19]

It's pseudonymous.

You are looking at half empty glass, many countries are going towards regulations rather than bans, however, there is small minority that wants to ban, I hope they realize cryptos are here to stay and make necessary improvement.

They will never regulate crypto. They can't even regulate or get people to pay tax so crypto is the last thing on the governments list.

What is your say on these countries where crypto is already regulated: US, Australia, Prague, New Zealand.

[Mycookie11]

It coud be possible, if bitcoin can cause threat to foreign exchange

[Little_king]

Asking such question is just outrageous to me , haven't you see where bitcoin and other alts are being welcome to trade and accept as a means of payment ?

So if you had read to that let then u must have know that it can't be ban in the world even those that think is a treat to them are in one way or the other using it with a kind of restriction in place to help their citizen .

[Genamant]

Bitcoin, the crypto currency, has become huge in popularity over the recent years.

One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.

This will be the worst case scenario and if this happens , price will soar high definitely and people in the blackmarket would be even more richer.

[DamiOla]

I don't think Bitcoin will ever get banned. There are may be people (power people) that will stand firmly against it because it threatens their dominance, but in general I think Bitcoin and blockchain technology is here to stay for good.
Also, I wouldn't call Bitcoin anonymous since everyone can see transactions on blockchain, but I get your point.

[btctaipei]

It's possible for all countries to ban Bitcoin but it's less likely for all countries to agree on something because people have different opinions and as malboroza mentioned they could increase the tax on exchanges as a way of discouraging bitcoin payments.

How is that possible! Is it going to be banned by the world bank or what. It is v going to be very difficult for anyone to ban the use of bitcoin across the globe. At the least, there are still independent countries in the world whose  governments do not oppose the use of bitcoin by the citizenry.

If there's a ban it's usually the banks and exchanges they'll remove the biggest source of bitcoin transactions.

Very good but I wonder what happens if everyone hold fiat, gold, and barter or exchange with bitcoin directly.  You will see percentage of real-world BTC transaction percentage trump centralized exchange tumbler transaction that results in lower fees for millions of android and other portable bitcoin direct wallet transactions worldwide...

Also anyone thought the possibility if decentralized exchange (DEX) becomes more accepted and open source development turns it into an reliable and fast trading platform at some point?  since government goes after centralized one using exchange lists and those DEX (such as Bisq successor) becomes more main stream due to stupidly bad privacy and slowness caused by compliance layer created by KYC/AML-centric exchanges?