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Author Topic: Do you think that governments might one day ban Cryptos?  (Read 703 times)
BigBos
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December 01, 2019, 04:19:10 PM
 #81

if they see a threat from crypto I think they have now banned it. China even has done some for the development of crypto such as making its own crypto. Facebook, Google, and other companies have challenged crypto, but they are back in favor of it because crypto is a much-needed development at the moment.
whether it will be banned or not, but until now support for crypto seems to be greater than that.
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December 01, 2019, 04:57:23 PM
 #82

if they see a threat from crypto I think they have now banned it. China even has done some for the development of crypto such as making its own crypto. Facebook, Google, and other companies have challenged crypto, but they are back in favor of it because crypto is a much-needed development at the moment.
whether it will be banned or not, but until now support for crypto seems to be greater than that.

Maybe that's the reason why there are news speculating right now that China is banning crypto exchange, we don't know yet the real story unless they banned Binance, let's see if they can do this for Binance, so far, many people has been afraid with this kind of situation happening right now, so BNB price really drops a lot as people becomes panic with what happened to IDAX that is possible to happen in Binance.

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December 01, 2019, 05:22:22 PM
 #83

Not at all, I'm not convinced that governments will ban Bitcoin. At least governments of western and developed countries will not do that. In fact I'm sure they are trying to find the way how to incorporate cryptocurrencies into society, economic and financial life of countries. That is not going to be easy, it will take the time, legal regulation and probably not all will agree on that but at the end we will not running conversations about Bitcoin ban anymore.

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December 01, 2019, 05:31:36 PM
 #84

crypto currency is such a big lost for a nation economy, goverment always try to ban this.
beside that, nothing more they can do. cause the decentralize and others type of black market. they never could completely ban it, I think so.

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December 02, 2019, 12:50:49 AM
 #85

We are hoping they not, because of those scammers in Crypto World Government and also the society thinks this is bad so that Government move to prevent those kind of problem, So if we want to help to grow more in Crypto World Prevent scaming Work hard Pray Harder.

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December 02, 2019, 01:06:24 AM
 #86

it could happen, depending on the people who use bitcoin in the future, if it is not used for crime it does not happen, but if it continues to be used to commit crimes, then it will be increasingly banned .. !!

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December 02, 2019, 03:03:19 AM
 #87

even now there are governments that reject cryptocurrency. they do not understand the potential and benefits of crypto. they only know the negative side of crypto so they reject crypto. but I am optimistic that as more developed countries adopt blockchain and also accept crypto, I am sure that countries which previously rejected crypto will also accept crypto. I am sure in the future when people are used to digital currencies, cryptocurrency will be accepted in many countries.

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December 02, 2019, 03:56:25 AM
 #88

when a lot of the people could face a monetary crisis then the government could have taken such type of step for the shake of their people, it's their own duty to protect their people from any crisis especially when the matter is money, Day by day Bitcoin and cryptocurrency system is getting difficult to make understand what's going on, it's becoming an unpredictable platform so far, That's why there is a chance to happen like that,  I think it's high time to protect cryptocurrency from any bad impact because, in the future, it will be worse than today.

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December 02, 2019, 04:02:38 AM
 #89

Not at all, I'm not convinced that governments will ban Bitcoin. At least governments of western and developed countries will not do that. In fact I'm sure they are trying to find the way how to incorporate cryptocurrencies into society, economic and financial life of countries. That is not going to be easy, it will take the time, legal regulation and probably not all will agree on that but at the end we will not running conversations about Bitcoin ban anymore.

It is already going to be a thing for germany as EU regulation is on the horizon.

You can see it from latest bitcointalk topics as well some interesting news site.
In fact it will bring even more users to the table and flurish Bitcoin even higher in such a way no more governments will want to ban it.

As for now we are already seeing positive signs of adoptation since governments are the ones taking actions and approving some bitcoin companies usages.

Nothing to see here
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December 02, 2019, 04:47:00 AM
 #90

We are hoping they not, because of those scammers in Crypto World Government and also the society thinks this is bad so that Government move to prevent those kind of problem, So if we want to help to grow more in Crypto World Prevent scaming Work hard Pray Harder.
At first what i see is like that, government until now make rules only want to protect their citizen from scammer or maybe from investment that can cause they lose. But to make that scammers gone is almost impossible, because although we and people near us really secure with that scammers, other people or maybe new people that just in crypto and then think it is good way to earn profit, could possibly trapped into it.

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December 02, 2019, 07:12:45 AM
 #91

We are hoping they not, because of those scammers in Crypto World Government and also the society thinks this is bad so that Government move to prevent those kind of problem, So if we want to help to grow more in Crypto World Prevent scaming Work hard Pray Harder.
At first what i see is like that, government until now make rules only want to protect their citizen from scammer or maybe from investment that can cause they lose. But to make that scammers gone is almost impossible, because although we and people near us really secure with that scammers, other people or maybe new people that just in crypto and then think it is good way to earn profit, could possibly trapped into it.
And this should be understand by most people as we can't protect each other but our government can, so if ever government will restrict cryptos that is for our security and we should respect it, but so far that here in our country they don't restrict us then we are taking this as an advantage to let them know the importance of having crypto in our country and how it helps people.

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December 02, 2019, 09:35:53 AM
 #92

From the states perspective, tactically it's much more preferably, if the general public believes as long as possible, that they could ban it at any moment. but they won't try to ban bitcoin, because they know they can't ban bitcoin. If they ban it and it doesn't work, which it won't, then the confidence to safeguard your capital in the ultimate off-shore tax-haven country "blockchain" increases exponentially. in my opinion weak governments will see it as a threat which you can already see with all those countries making it illegal.
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December 02, 2019, 09:36:25 AM
 #93

it could happen, depending on the people who use bitcoin in the future, if it is not used for crime it does not happen, but if it continues to be used to commit crimes, then it will be increasingly banned .. !!
Crypto is a anonymous currency this mind set up in the bad people's that's why it will be use in the illegal ways it's very normal thing and it will be happen non-stop. Government finger crossed against in cryptocurrency regulation in many countries. I think crime will never stop which incidents are happen by using cryptocurrency.
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December 02, 2019, 03:49:02 PM
 #94

Not at all, I'm not convinced that governments will ban Bitcoin. At least governments of western and developed countries will not do that. In fact I'm sure they are trying to find the way how to incorporate cryptocurrencies into society, economic and financial life of countries. That is not going to be easy, it will take the time, legal regulation and probably not all will agree on that but at the end we will not running conversations about Bitcoin ban anymore.

It is already going to be a thing for germany as EU regulation is on the horizon.

You can see it from latest bitcointalk topics as well some interesting news site.
In fact it will bring even more users to the table and flurish Bitcoin even higher in such a way no more governments will want to ban it.

As for now we are already seeing positive signs of adoptation since governments are the ones taking actions and approving some bitcoin companies usages.
Bitcoin might had a negative impact here in our country but the government has not reached to the point of banning it. Maybe because they can't really stop bitcoin from its popularity and that some of those big merchants are already into bitcoin acceptance. If the government will also try to ban bitcoin, its transactions will still continue even without the permission from the government.

 
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December 02, 2019, 07:43:36 PM
Last edit: December 02, 2019, 08:26:04 PM by TRONTON
 #95

China is the big population country even it's they strong position in crypto industry that's why they dominated in the whole crypto currency platform. Any government can ban Bitcoin to remove money laundering act and other a lot of illegal activities but how government can be remove all cryptocurrencies? They haven't such a power to remove all crypto currencies.
the government cannot remove it, but can still control transaction/trading activities on their state exchanges. If this is effective, then other countries will also do the same thing, in the end many traders finally want something that is safe and comfortable in relation to exchange and crypto media that are not banned by the government.
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December 02, 2019, 09:36:31 PM
 #96

Well, you have already answered your question in your question. There's no way to stop the blockchain from existence. These two needs each others, both the bank and crypto. The adoption is going to happen but not everyone would want to save there money in crypto or banks. We all have reasons to choose wherever we want but the government seems to only think about themselves alone, sure there are people in the government that are fan of a coin.
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December 03, 2019, 03:48:17 AM
 #97

Well, you have already answered your question in your question. There's no way to stop the blockchain from existence. These two needs each others, both the bank and crypto. The adoption is going to happen but not everyone would want to save there money in crypto or banks. We all have reasons to choose wherever we want but the government seems to only think about themselves alone, sure there are people in the government that are fan of a coin.

So far now it's really impossible for the government to ban Bitcoin or crypto as it has been developing and innovating for a decade already and yet they allow this to evolve, so I think that most countries are open for this possibilities and adoption of cryptocurrencies especially in Asian countries wherein it is widely used and open in their country that they don't need to hide.

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December 03, 2019, 04:56:52 AM
 #98

We are hoping they not, because of those scammers in Crypto World Government and also the society thinks this is bad so that Government move to prevent those kind of problem, So if we want to help to grow more in Crypto World Prevent scaming Work hard Pray Harder.
At first what i see is like that, government until now make rules only want to protect their citizen from scammer or maybe from investment that can cause they lose. But to make that scammers gone is almost impossible, because although we and people near us really secure with that scammers, other people or maybe new people that just in crypto and then think it is good way to earn profit, could possibly trapped into it.
And this should be understand by most people as we can't protect each other but our government can, so if ever government will restrict cryptos that is for our security and we should respect it, but so far that here in our country they don't restrict us then we are taking this as an advantage to let them know the importance of having crypto in our country and how it helps people.

Right, as long they are not ban or maybe not allow their people to use bitcoin there is nothing that we should worry about. If must KYC, or maybe people who get the regulation and not allowed trade in some exchanges, maybe the other still accept it. At first sorry from me, because i am not from countries that prohibited to that some exchanges, maybe only give solution because nothing that we can do if about government regulation.

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December 03, 2019, 05:21:35 AM
 #99

yes, strong countries like China and the United States are always trying to stop cryptocurrency but in fact they have not succeeded in stopping cryptocurrency. they prohibit crypto because they think crypto can threaten the sovereignty of their national currency.
now that crypto has developed rapidly it will be difficult to stop it and every year more and more countries are finally willing to accept cryptocurreny and blockchain technology. so in the future in my opinion there will be an increasing number of countries that accept crypptocurrency.

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December 03, 2019, 05:35:40 AM
 #100

yes, strong countries like China and the United States are always trying to stop cryptocurrency but in fact they have not succeeded in stopping cryptocurrency. they prohibit crypto because they think crypto can threaten the sovereignty of their national currency.
now that crypto has developed rapidly it will be difficult to stop it and every year more and more countries are finally willing to accept cryptocurreny and blockchain technology. so in the future in my opinion there will be an increasing number of countries that accept crypptocurrency.

It is likely that both these countries ban the cryptocurrency as well as the projects concerning the development of cryptocurrency in their nation because they have a huge responsibility, they have too many people and they need to still have the control to maintain their country's economic stability. In the first place if we are on the side of the government we could understand their desire and feat for what cryptocurrency can bring to them.
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