What happen if US ban cryptocurrencies?

[sapnu]

Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.

USA have lots of hidden agendas in different aspects and surely crypto is being speculated by them on how they can benefit from it in the future. That simply means it is far from happening that crypto will be banned in the US not unless for a certain serious reason. We all know how big and how influential America has been over the past decades and if mining would take place in different states, it would make a huge positive impact on different crypto's price so let us hope crypto and America would work well together so that more of us can benefit from it.

[kizlod]

US is not going to ban crypto. A lot of whales are there and i think a lot of businessmen secretly holding it. But if it happens it will affect market like China did if not even more.

[Quantum907]

Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.

This of course is the worst thing and will certainly make crypto die, the USA is a super power country, if crypto is banned it will be followed by European countries and the whole world. I hope this doesn't happen.

[Oneandpure]

Do not worry about United State if want to banned bitcoin as investment way, I think we need learn how many time China banned and announce about bad news bitcoin and altcoin, but always keep strong and back to higher price. Maybe if you know bitcoin from 2015 you ever see bitcoin dump more than 30% after China banned, but take two week bitcoin going up more than 300% and nothing have to worry about some country banned bitcoin.

[nurilham]

USA may ban crypto but I am sure it won't be a long time. There are many people working on crypto there, they will sue the government if crypto will be banned. In this matter, the banning should be temporary only like what we ever saw on the banning cases in several big countries. The government will consider unbanning again because of many demands from society to work on crypto. The government probably tries to tighten the regulation related to crypto.

[Serco]

Do not worry about United State if want to banned bitcoin as investment way, I think we need learn how many time China banned and announce about bad news bitcoin and altcoin, but always keep strong and back to higher price. Maybe if you know bitcoin from 2015 you ever see bitcoin dump more than 30% after China banned, but take two week bitcoin going up more than 300% and nothing have to worry about some country banned bitcoin.

US government have better policy than China , although they didnt allow their citizen investing in any ICO project but they rare make policy or negative issue about bitcoin. Their government actually realized if legalized crypto market it could give them alot money from taxes. We've been many times banned CHina but its always not work.

[pixie85]

I don't think it will ever happen. One of the US senators recently advised people to buy Bitcoin for long term investment so that they can have an alternative to the US dollar pension funds.

If they ever try to ban it there's going to be a lot of resistance from the politicians and people. Nobody wants to be the one who bans something and makes a lot of people unhappy.

[Cherylstar86]

Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.

There we go again, speculations will always predict at worst scenario and I don't think this is going to be possible. USA has the most crypto users and in fact their democratic country adopt bitcoin, and used cryptocurrency on their daily lives. How come this situation will possibly occur? Well, based on my personal understandings this idea is from other groups who wanted to blow the mind of huge numbers of bitcoin holders particularly the FUD makers.
They thought it would create panic, but this wouldn't be easy for them because same pattern applies and people already learned what happened from the past.

[iged_war]

Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.

This of course is the worst thing and will certainly make crypto die, the USA is a super power country, if crypto is banned it will be followed by European countries and the whole world. I hope this doesn't happen.

if this happen ofcourse will bring worse effect than CHina Fud. as super power country US could do anything they want and giant company will follow their policy to avoid crackdown effect. but personally i doubt US will totally banned cryptocurrency , they just unallowed citizen participating ICO , nothing else.

[coin-investor]

Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.

I can bet that they cannot ban it, there's a lot of their citizen and companies that are on Cryptocurrency right now, there's a big disruption if any administrator will do that, they can monitor, regulate and restrict but not totally ban and besides the Cryptocurrency is a big help to the government because of the revenue taxes they are bringing to the government.

[Lubang Bawah]

Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.

I don't want to hear about this happening, USA is the strongest economic country, many crypto projects are based in the USA, if the US government banned crypto then crypto will surely worthless.

[Malam90]

Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.

Now we are going to be adopted with cryptocurrency gradually. I think USA won't decide to ban cryptocurrency but they can impose many rules and regulations for their citizens. For the shake of your arguments, if USA ban cryptocurrency in USA, it will put negative impact on market price and confidence of the investors but it won't stay long time. But we have to think that cryptocurrency isn't regulated by any specific country. It will recover gradually that we have observed in the past after many ban news by different countries.

[DrBeer]

Whether or not the United States prohibits the cryptocurrency, this will most likely not affect the price and the market as a whole. The exchanges will change the place of registration (for more comfortable ones), new exchange gateways will appear. The only option for a clear negative influence of US regulators is if sanctions or restrictions are imposed on countries / companies working with cryptocurrencies. In this case, there will be a real drawdown of the rate and a decrease in demand for technology as a whole. But it seems to me that this is not a real version of the development of events

[Abiky]

I don't think they will ban cryptocurrencies, in practice they can't ban anyway. I think they try to regulate market heavier than today.
Let's assume that they "ban" crypto-currencies, nothing significant would happen. USA is only a small part of the world. That kind of ban only hurt themselves, they would lose investors and developers, eventually they would lose big money and big opportunities. As a non-US person I don't care about what USA do or don't, I suggest US citizens to look around, the world is not only about your country.

Exactly. It's impossible to "ban" cryptocurrencies because of their decentralized and censorship-resistant design. What the US government can do is try to regulate centralized exchanges themselves via strict KYC and AML guidelines. They can easily track and trace crypto trades within such exchanges for taxation purposes or simply prosecute someone who raises suspicion. I don't think the US will prevent people from using crypto, since it's more beneficial to the American economy than all the other way around. The higher crypto goes, the more taxes the US will be able to collect. Other countries are joining the crypto/Blockchain train because they see an enormous opportunity for profit. The only ones who don't care about this are China and Russia. Time will tell us what lies ahead for crypto in as it continues to grow in popularity worldwide. Just my thoughts

[Oneandpure]

Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.

I don't want to hear about this happening, USA is the strongest economic country, many crypto projects are based in the USA, if the US government banned crypto then crypto will surely worthless.

US is the strongest economic country but their government always hate bitcoin and cryptocurrency, after Donald Trump era finish and Joe Bidden become new United State president still not friendly for bitcoin to be legal currency transaction there, now really need new evolution in US how to make bitcoin become legal currency transaction and accepted in many transaction.

[shogun47]

US is not going to ban crypto. A lot of whales are there and i think a lot of businessmen secretly holding it. But if it happens it will affect market like China did if not even more.

This is what counts. If the US bans crypto I am quite sure they'll be running into a lot of problems with very wealthy individuals. In the US money plays a big role in politics, an even bigger role than anywhere else in the world. What could happen is that there are too many old men holding gold, or too many mini Warren Buffets who fear their assets may get competition from Bitcoin and so on. Soon I think that balance will lean in favor towards crypto asset holders.

However, the super rich don't care because they don't give anything about Bitcoin. Bezos, Gates, Zuckerberg they don't care, they might even lean towards seeing it banned as money is flowing into Bitcoin instead of stocks.

[TOM Bb]

I think if the USA starts banning crypto, many countries will follow.BTC price maybe low down to zero.Most cryptocurrencies holders coming from the US and  it's a huge lost for US to ban cryptocurrencies.

[chanler]

as far as I know, the US is a crypto-accepting country and that's good for crypto itself. although some countries have banned crypto, there are still many big countries that support crypto. if the US bans crypto then I think it will shake up the crypto world where the US plays a big role in the crypto world and that will be bad. I don't think it will happen and I hope it never will so we can still use crypto. while crypto can still be put to good use then we must also use crypto as well as possible so that we also get the benefit.

[Connor Britton]

In my heart, I hope such a thing will not happen, because the United States has always been relatively neutral on cryptocurrency. They have not banned the trading of cryptocurrencies. At the same time, there are many crypto companies in the United States. I can’t imagine that if the United States issues a ban, How big an impact it will have on the bitcoin market, it is estimated that many people will sell their bitcoins. This is the situation I don't want to see the last.

[husdemba]

Currently, many countries in the world follow the USA. If they ban cryptocurrencies, many more countries will implement this decision. This would be a total disaster for us and none of us would want that. The US is not hostile to cryptocurrencies and I hope they don't make decisions like China. Unfortunately, the future of cryptocurrencies still depends on the attitudes of the states