Recently, United States President Donald Trump backed off on banning flavors for e-cigarettes. This may be an indication that he’s hesitant to back any wholesale bans — like, for example, on Bitcoin or other cryptocurrencies.

Vapers rejoiced recently as President Trump backed away from banning flavored e-cigarettes. After significant hysteria over deaths from supposedly faulty cartridges, it seems that there will be no ban put in place. It’s a surprising move that demonstrates the President’s hesitancy in outright banning products on American markets.

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What can I say? It ain’t gonna happen! Even if $100k per BTC will be reach, it’s unlikely to be banned by Donald Freakin’ Trump! This is why he needs to be educated more about Bitcoin, and it’s time to swallow his own pride.

Bitcoin and cryptocurrency industry has been “red hot” in the United States despite the strict ICO regulations. There is no stopping them from putting up their own crypto company as long they would secure a license from the US SEC. Trump can’t do anything about it, so the chances for Bitcoin to get “banned” after it reaches $100k (or not) via executive order would be absolutely nothing at all. Correct me if I’m wrong though.

What do you guys think about this? Let me know your thoughts and opinions here. Cheers and have a great day ahead!

I've seen some tenuous links before, but this really is a stretch.  What next?  Recently they didn't ban socialism, so clearly they're unlikely to ban broccoli?  What the hell kind of news story is this?

"Increasingly Unlikely"...Did anyone expect the opposite? As long as the system can profit from something (with taxes and whatnot), they won't attempt to ban it, simple as that.

Now, about the article you posted, OP...Wtf do e-cigarettes have to do Bitcoin? A bit strange to see someone like Thomas Lee from Fundstrat make that connection, I mean, if they don't ban vaping, they won't ban cryptos...WHAT??

And even if they did ban BTC through any form of legislation, including an executive order, what would it actually result in in terms of enforceability? Probably absolutely nothing, given the fact that bitcoin is decentralized.

If this was possible, then countries would have done it long ago - they are not stupid.

Either way, know that BTC can survive without the support of any central entity, as demonstrated by the bull run after China essentially banned all miners and exchanges.

You'll find that the threat of jail time is more than enough to dissuade a lot of users. Hardcore users will continue what they're doing, but keep in mind that this will also hurt user experience -- no more exchanges, businesses can't accept crypto payments, etc. The fact that Bitcoin prices have a tendency to run on news (and one of the biggest and most active markets being shut down would be bad) could also lead to prices plummeting. Bitcoin won't die, but a move that drastic would undo several years worth of community development.


China backed off the mining ban, and they still let OTC exchanges operate.

As for the topic itself, Trump has already banned Petro with an executive order, which is more closely related to Bitcoin than e-cigarettes are. Does that mean we should be scared?

Just because the current POTUS do not like Bitcoin, it does not automatically mean that the US government is planning to restrict more or even ban Bitcoin. I am sure that there a lot of things that President Trump do not like and even hate but he is not banning them. For sure, he is not in sweet terms with Hillary Clinton and Barack Obama, but is Trump banning them? Of course not.

People just have a very creative imagination that they can see the links even if they are not there. All of these are just speculations and ideas which for now remain unsubstantial. To ban something, in my opinion, requires the approval of Congress and that is why I think there was a bill filed in Congress to control Bitcoin which of course received a cold reception from many lawmakers.

No matter how stupid Trump the media is presenting and painting him to be, he won't risk the many gains that this industry has already produced for the economy of the USA to go to waste. 

This ban has been long coming, time over time the executithas been deliberating on it but yet to make a definite stand. If the US government wish to finally place a total ban on Bitcoin or cryptocurrencies in general, then that would be so bad for the citizens and some businesses which are already accepting Bitcoins for payment.
I don't see the likelihood of a ban coming anytime soon, maybe some tighter regulations and heavier taxing.

even if Trump tweets about the prohibition of using bitcoin, I would certainly laugh at that because I know he doesn't really know about bitcoin and other crypto currencies, it's true that I think he needs to learn a lot about this technology so it doesn't always take steps that make others see it as a joke

I couldn't care less about the US regulating ICOs to death, since most of them are scams anyway and nearly all of them are just worthless at best.  However I would very much care if the government started to regulate bitcoin to the point where people wouldn't want to own it.  That could be devastating, even if the US is only one country.

As far as Trump is concerned, he'll probably get impeached before he gets to slap bans on anything--but he's one president in a four-year period of time.  Nobody knows what the next president will do or who that'll even be yet.  It's quite probably the US won't get another complete psychopath like Trump, but that doesn't mean that prez won't take a disliking to crypto.

Since Bitcoin Creation how many US president do we already have and still Bitcoin is here and still going strong, he might be impeached or the United States will soon have a new president, but Bitcoin will still be here, no executive order can stop Bitcoin, Bitcoin holders are also growing in the United States, and there will come a time that the community of Bitcoin holders will become a bloc voters.