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Author Topic: The Crypto bans are temporary, we are on the right side of history.  (Read 1112 times)
rosebrand
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July 12, 2021, 11:28:01 PM
 #61

You know the government seems to be upset with anything there can't put under their control and would want to kick against it, but with time it's actually going to be a history because what must be must be, the ban some countries lay on bitcoin isn't stopping it's growth, it is a sign that bitcoin is gaining more traction across countries and soon it will be accepted globally, it's just a matters of time everything will turn out perfectly. Soon the government will get to see the importance of crypto to it's economy

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July 13, 2021, 03:42:24 AM
 #62

At the level of technologies, there are many that have broken paradigms, have been freedom from governmental and business barriers, the Internet in its technological derivatives has allowed many areas previously dominated by small groups to free themselves, there are so many examples of success in a wide diversity of endeavors that it is impossible not to think that bitcoin will have its place.

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Nora Olin
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July 15, 2021, 09:36:12 AM
 #63

There are currently many countries and governments suppressing the cryptocurrency market, but this is not bad news in the long run. Can analyze the current stress level. Many countries and governments do not want cryptocurrency to disappear completely. For partners who specialize in cryptocurrency, the current price of Bitcoin has reached the cost line of many institutions. Perhaps they are also silently absorbing funds, waiting for the opportunity for Bitcoin to rebound. In the long run, it is correct to believe and hold Bitcoin, because this is what I firmly believe!
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July 15, 2021, 10:25:13 AM
 #64

You know the government seems to be upset with anything there can't put under their control and would want to kick against it, but with time it's actually going to be a history because what must be must be, the ban some countries lay on bitcoin isn't stopping it's growth, it is a sign that bitcoin is gaining more traction across countries and soon it will be accepted globally, it's just a matters of time everything will turn out perfectly. Soon the government will get to see the importance of crypto to it's economy
Probaby the reason for most of their banning is that crypto can't be controlled fully by them not like fiat which is controllable by them. I'm afraid some big countries are banning crypto for good so they won't  experience how crypto will improve their country's economy.

But despite of the fud and negative news about crypto, it is always undeniable that even if most of the countries will start to ban crypto, its growth and development cannot be stop anymore. Smart people have known already the potentials of crypto and if bigger community will come to accept crypto, more likely its adoption will come to possiblity in the nearest time possible.

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goldade
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July 15, 2021, 10:30:21 AM
 #65

Just like OP mentioned, the only reason the government and banks placed such bans on the use of bitcoin and other cryptocurrencies is solely because they want to retain control over financial activities which bitcoin came to undo.
However, going back in history, with every innovation that challenged the status quo, there were always oppositions but that didn't stop the move of all these innovations.
Bitcoin has come and it will stay because of the freedom it gives to the masses. Trust me, eventually the bans will be lifted and bitcoin will ultimately become the world's currency

randegibran
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July 15, 2021, 12:50:58 PM
 #66

although.there are many countries.that are trying to stop bitcoin but I really believe in.bitcoin itself.that very many people are interested in.the world of.cryptocurrencies, such.as what was.done by the Chinese state which prohibited.the circulation.of bitcoin in.that country, but it.is not impossible anymore that a when they will turn.things around to accept bitcoin and adopt.it in.their country for a long term investment for their society
Vishnu.Reang
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July 15, 2021, 01:28:17 PM
 #67

I completely agree with the OP. It is stupidity from the part of the governments to believe that they can curb the spread of cryptocurrency by laws, prohibitions and regulations. Individuals will continue to invest in cryptocurrency, because inflation will make all the other assets less attractive in the future. Apart from gold, Bitcoin is the only asset that is protected against inflation. And in order to deter people, the government needs to arrest millions of individuals and put them in jail. I don't think that they have the courage for all that.
Tigerheart3026
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July 15, 2021, 09:06:02 PM
 #68

As we can see, many countries are continuously banning cryptocurrency, and because of that crypto becomes more not accessible for everyone and also because of that many people are having troubles with it but what we are pretty sure of is that we are on the right side of cryptocurrency because this banning is just temporary, meaning it will just last for months or years but it will comeback to normal again.
^ How did you know this is not accessible for them? Even countries implement a ban on BTC and in crypto they can't stop people using it, there are too many ways to adopt BTC and cryptocurrencies even without knowing by the government. It seems the government sounds fool because they implement banning but the fact they cant ban BTC and crypto directly. People can do trade and invest using the decentralized platform or even can purchase anything online that accepts cryptocurrency. They will soon realize how useful to them BTC and other cryptos that have a unique technology, and that is a blockchain technology.
i hear in my state after a few days that some people have been arrested by the police because they trade and exchange cryptocurrency, which is illegal stuff to the government.
btw will the any government be able to stop using it permanently? not possible to in any way because decentralized exchange is easy accessible in anywhere to all of the people’s.
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July 15, 2021, 10:29:06 PM
 #69

As we can see, many countries are continuously banning cryptocurrency, and because of that crypto becomes more not accessible for everyone and also because of that many people are having troubles with it but what we are pretty sure of is that we are on the right side of cryptocurrency because this banning is just temporary, meaning it will just last for months or years but it will comeback to normal again.
^ How did you know this is not accessible for them? Even countries implement a ban on BTC and in crypto they can't stop people using it, there are too many ways to adopt BTC and cryptocurrencies even without knowing by the government. It seems the government sounds fool because they implement banning but the fact they cant ban BTC and crypto directly. People can do trade and invest using the decentralized platform or even can purchase anything online that accepts cryptocurrency. They will soon realize how useful to them BTC and other cryptos that have a unique technology, and that is a blockchain technology.
i hear in my state after a few days that some people have been arrested by the police because they trade and exchange cryptocurrency, which is illegal stuff to the government.
btw will the any government be able to stop using it permanently? not possible to in any way because decentralized exchange is easy accessible in anywhere to all of the people’s.
For a citizen on making out trades despite of the ban or prohibition of the government is really suicide but due to decentralized characteristic then its really hard to be tracked or traced unless if the

ISP are really that serious on tracking out someone and tell the government or does comply if there are users who do access a certain site or something like that but that would be surely a tedious job to be done.

Unless if you are reported with having solid evidences then you are really fucked up.So better trade or invest with your own risk specially if its banned or does have impose restrictions.
You know on what would be consequences if you do get caught so be careful.

DatKing
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July 15, 2021, 10:44:54 PM
 #70

I also think that these cryptocurrency bans are just temporary. China is a good example for it. They banned cryptocurrencies before but started letting people use them after. Now, they banned the cryptos again. But I don't think this will be permanent also. Eventually, they will let this again. Because I don't think that people will stop using cryptocurrencies still.

Vaculin
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July 15, 2021, 11:04:48 PM
 #71

I also think that these cryptocurrency bans are just temporary. China is a good example for it. They banned cryptocurrencies before but started letting people use them after. Now, they banned the cryptos again. But I don't think this will be permanent also. Eventually, they will let this again. Because I don't think that people will stop using cryptocurrencies still.
About China, everything from them is temporary because they ban crypto again. They are a good example of how a government being greedy with their position and wanted to control everything at their premisis.

But after all those banning scenarios, Bitcoin still getting strong and continue to spread. It was accepted that some people who will never appreciate Bitcoin will have to respect them. It can't be forever as I believe, sooner or later they will realize that Bitcoin has some importance to our life.
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July 16, 2021, 07:12:32 AM
 #72

currently all people are trying to stop bitcoin in their own way to prohibit its circulation.especially the government which expressly refuses bitcoin to circulate in their country which is currently being controlled by several factors, especially people who will take over, since bitcoin became a big business they have flocked to destroy bitcoin through the internet and pressure from the government
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July 16, 2021, 07:49:46 AM
 #73

I also think that these cryptocurrency bans are just temporary. China is a good example for it. They banned cryptocurrencies before but started letting people use them after. Now, they banned the cryptos again. But I don't think this will be permanent also. Eventually, they will let this again. Because I don't think that people will stop using cryptocurrencies still.
Really depends on who is the current head of the administration because if they were to put a leader that is more open to new technology including cryptocurrencies, then there's a likely chance that they will unban the cryptocurrency, also worth mentioning that if there's enough success stories and studies about cryptocurrency, this prohibitions will eventually be lifeted, OP's title is right, we are on the right side of history.

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July 16, 2021, 08:02:58 AM
 #74

currently all people are trying to stop bitcoin in their own way to prohibit its circulation.especially the government which expressly refuses bitcoin to circulate in their country which is currently being controlled by several factors, especially people who will take over, since bitcoin became a big business they have flocked to destroy bitcoin through the internet and pressure from the government
The people who are trying to stop bitcoin are those who have no interest in bitcoin or even those who want to buy bitcoins at the lowest possible price. Some governments that ban bitcoin are afraid because bitcoin will dominate all aspects of their economy. Bitcoin pros and cons will continue to emerge. But for now bitcoin FUD continues to spread, making the price fall even more. Bitcoin FUD as it is now will only last for a while, we'll see the development of bitcoin will accelerate and the price will reach a new ATH again. Bitcoin will survive under any circumstances.

R


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July 16, 2021, 08:41:44 AM
 #75

Cryptocurrency cannot be banned, and bitcoin is only temporarily suppressed. Bitcoin runs in a network system. The nodes are all decentralized and distributed all over the world. It is impossible to shut down all of them. In technology, no country can control Bitcoin, because Bitcoin is a consensus reached by anonymous participants around the world and can only be restricted but not banned.
The existence of Bitcoin in the world is reasonable, and prohibition is impossible.
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July 16, 2021, 09:30:35 AM
 #76

They want to have control of how people spend and transact but with Bitcoin and other cryptos, they are powerless, that's why they are not happy.
The revolution of cryptocurrency is unstoppable. Who will stop it?? Governments who are banning it? Countries who don't want cryptocurrency to be used by the countrymen?
Its unstoppable because it is decentralized. The Bans that some countries did?? I agree that it will be just temporary because if they will see a huge growth and development towards it and as more and more countries try to regulate it in the future, these countries will lift the ban and will just let crypto be used in their country.

I also think that these cryptocurrency bans are just temporary. China is a good example for it. They banned cryptocurrencies before but started letting people use them after. Now, they banned the cryptos again. But I don't think this will be permanent also. Eventually, they will let this again. Because I don't think that people will stop using cryptocurrencies still.
In 2017, they tried to stop the growth of cryptocurrency by banning ICO's in their country but they aren't successful. Now they are trying to ban crypto again by stopping those mining companies and I don't think that they will be successful on it again. These companies might get stop but it will be just temporary because I believe that they will do something to resume their operations.

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July 16, 2021, 10:05:46 AM
 #77

I also think that these cryptocurrency bans are just temporary. China is a good example for it. They banned cryptocurrencies before but started letting people use them after. Now, they banned the cryptos again. But I don't think this will be permanent also. Eventually, they will let this again. Because I don't think that people will stop using cryptocurrencies still.
China is banning mining this time, and the law still recognizes Bitcoin as a legal asset.
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July 17, 2021, 05:52:44 AM
 #78

Bitcoin is the mainstream currency among cryptocurrencies. It has a long history of development. It has been suppressed by the government during its existence for more than ten years, after which the price will be adjusted. Bitcoin is decentralized, it is not subject to payment restrictions and controls its own wealth. This is not conducive to the government's profit from it, and the government will prohibit the use of it. But Bitcoin can bring high profits to people, and more users like to invest in it. Increased demand for it increases its value, and it also has great development potential in the future.
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July 19, 2021, 04:27:52 AM
 #79

Crypto bans might be temporary but that won’t affect the prices and volume. There are a lot of people who are still interested in trading in cryptocurrencies.
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July 21, 2021, 09:44:33 AM
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 #80

I believe when something is new, it’s very hard for a set of people to understand. So, they move ahead with term called ban
Cryptocurrency is the next big thing and one cannot change that. It's a revolution blended with economic evolution .
Governments should take time and study the importance of cryptocurrencies
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