The Crypto bans are temporary, we are on the right side of history.

[ropyu1978]

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

true as you said, now more and more are banning bitcoin, china, tesla, elon musk, even they have banned bitcoin for a long time, but their efforts have not succeeded until now,, so you can say this ban is only temporary, because I think no matter how much they try to close I don't think it's going to go according to plan.

[cotton ball]

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

it's true as you said, something new will definitely be considered foreign and will definitely be banned, but most of their governments don't want to think about what can't bring benefits to them, moreover the government can't take control of bitcoin, so they will definitely do everything they can to stop the movement of bitcoin, but all their efforts from the past year, have never succeeded..

[Chato1977]

I guess most of you have noticed the rise in the number of banks and Financial commissions and Governments in different countries announcing bans on crypto purchases using banks, crypto exchanges, and in some case Bitcoin mining crackdowns. From UK to Japan, Canada (Ontario) to China, but one thing for sure is all those attempts can't stop a force that has already gained momentum. It only signals that the Bitcoin movement is going down the right path of history.

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.

In 1996, the regulatory bodies tried to ban Internet phone software, the rest is history 


Image source

While this can be comparable but i believe Crypto is far different from telephone/internet banning because this involves financial usages and not just service .
Means if ever this will be adopted then the economy is more prone from anything more than just the internet and telephone .

[AicecreaME]

I guess most of you have noticed the rise in the number of banks and Financial commissions and Governments in different countries announcing bans on crypto purchases using banks, crypto exchanges, and in some case Bitcoin mining crackdowns. From UK to Japan, Canada (Ontario) to China, but one thing for sure is all those attempts can't stop a force that has already gained momentum. It only signals that the Bitcoin movement is going down the right path of history.

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.

In 1996, the regulatory bodies tried to ban Internet phone software, the rest is history 


Image source

The emergence of a certain thing that screams potential certainly brings threat and uncomfortable feeling towards its competitor. The insecurity and worry will become evident by doing the unjust things just to get past ahead the known rival. Hence, the article you provided is a great example of what is happening right now in cryptocurrency world.

I really do believe that cryptocurrency banning is just temporary because the leading factor that is behind that is usually the politics. The perspective of the officials presently elected is a great factor about the status of cryptocurrency legality in a country. After the administration and when the years of reign of the leader is over, it's time to have another set of government officials to lead the country. Another set of people that may have different principles and beliefs compared to the prior ones. Hence, the cryptocurrency banning will not be permanent.

I guess one good example here is the country of Vietnam. They have banned cryptocurrency before and made it illegal to be a mode of payment. However, recently I have read that Vietnam is now open-minded about cryptocurrency in their country. In fact, the Vietnam government has already a designated team that is tasked to research about cryptocurrency and its implementation and regulation in their country. This is said to be the bold step of Vietnam to the next level of digital economy in their place.

[zanezane]

They prohibit crypto, because they do not understand and are afraid of changes. But this will change soon.

They do understand and they know that it doesn't benefit them and their hold of power so they ban it, that's as simple as it gets as to why these countries ban crypto.

[Hughes_Ryan]

It's just that the power and momentum of bitcoin is stronger than it used to be(2018), Really, it's more than a force, any wave of rage and pressure from the media, the government just  makes us realize, how different is bitcoin?  History is what it's been through and there's no going back, just like you grow up, you won't remember what you've been through.  Forget the past, be tough and strong.  Bitcoin will continue to rise unstoppable. Bitcoin will hit 80k and below that is the complete failure of the bank.

[Swordsoffreedom]

~
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.

In fact, everything has its ups and downs. People in the banking sector think that decentralized currency is a threat to the banking business so they have always opposed it. When the use and promotion of Bitcoin has increased tremendously and it has become popular in all fields, people in the banking sector are looking for various excuses to ban Bitcoin in order to survive.
If you have a headache, amputation may not be the solution. Bitcoin is the currency of the digital age so without being allergic to it, everyone should think about how to move forward by adopting it.

[germsite]

I guess most of you have noticed the rise in the number of banks and Financial commissions and Governments in different countries announcing bans on crypto purchases using banks, crypto exchanges, and in some case Bitcoin mining crackdowns. From UK to Japan, Canada (Ontario) to China, but one thing for sure is all those attempts can't stop a force that has already gained momentum. It only signals that the Bitcoin movement is going down the right path of history.

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.

In 1996, the regulatory bodies tried to ban Internet phone software, the rest is history 


Image source

While this can be comparable but i believe Crypto is far different from telephone/internet banning because this involves financial usages and not just service .
Means if ever this will be adopted then the economy is more prone from anything more than just the internet and telephone .

It still describes very well the point that banning something for your citizens which will turn into a major global decentralized network must be a temporary move. How are you going to explain to your citizens that they are not supposed to participate in an otherwise open network that is used by all other people around the globe? While this was for communication, it was quite the same.

Now it is about exchanging value in a decentralized way, so it will be even harder for governments to keep up their bans.

[DarkDays]

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

true as you said, now more and more are banning bitcoin, china, tesla, elon musk, even they have banned bitcoin for a long time, but their efforts have not succeeded until now,, so you can say this ban is only temporary, because I think no matter how much they try to close I don't think it's going to go according to plan.

It seems to me that banning is not the word to use because BTC and blockchain has become so pervasive in virtually every industry aspect that we can only anticipate long term endorsement.

The momentum is gravitating more and more towards organizations and enterprises, there will be a boom once these all start adopting the power of the blockchain and with that on the way I'd say there's little in the way of replacing or taking down BTC.

[marilynmanson21]

prohibitions for bitcoin have existed for a long time but the fact is that bitcoin is still standing and growing today, let's see if China is consistent with the ban it issued, or when the government changes, mining will exist even if it's hidden.

[Bitcoin_Arena]

While this can be comparable but i believe Crypto is far different from telephone/internet banning because this involves financial usages and not just service .
Means if ever this will be adopted then the economy is more prone from anything more than just the internet and telephone .

It's always about money (finance) and control mate and not service as you think. The move to ban the internet phone software was because the traditional American carrier telecommunication companies thought they were going to be pushed out of the market due to what they called unfair competition. This is what is exactly happening with Banks, traditional payment systems and Cryptocurrencies right now.

[Rajamuda]

prohibitions for bitcoin have existed for a long time but the fact is that bitcoin is still standing and growing today, let's see if China is consistent with the ban it issued, or when the government changes, mining will exist even if it's hidden.

I think most people will stay in their activities on bitcoin, however.. something that is really worth it will not be easily abandoned, I think if it is more potential for things that smell positive... it is possible prohibitions for bitcoin will be revoked, and let's see also that bitcoin is able to embrace the future and provide tremendous hope for humanity.

[jinneas]

Bitcoin is a new technology, and some countries banned the use of Bitcoin a few years ago. Although many regions are implementing encryption bans, this does not stop the growth of Bitcoin. Encryption technology, blockchain technology and even the long-term development of the financial industry have a huge role in promoting the long-term development of the financial industry.
With the continuous development of the industry and the market, the country's attitude towards encryption supervision has also begun to change. Bitcoin will provide people with new opportunities for new financial methods, and it will become stronger in the future.

[temple]

prohibitions for bitcoin have existed for a long time but the fact is that bitcoin is still standing and growing today, let's see if China is consistent with the ban it issued, or when the government changes, mining will exist even if it's hidden.

I think most people will stay in their activities on bitcoin, however.. something that is really worth it will not be easily abandoned, I think if it is more potential for things that smell positive... it is possible prohibitions for bitcoin will be revoked, and let's see also that bitcoin is able to embrace the future and provide tremendous hope for humanity.

I would also be quite surprising if politicians decided to do something against cryptocurrencies now that all those banks seem to get on board in various ways. They would have to argue in a very awkward way why they think cryptocurrencies are bad if even their own banks trade it and therefore legitimize it to a certain extent.

[leea-1334]

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

It is not just about new things. Some new things people can accept rightaway without understanding it,,,remember like foldable phones or flat TVs or people going to space who are not funded by the state for example;)

It is when things force you to change your life is when the problems arise. Like email changed the way we send letters or faxes. Or how crypto change the way we needed states and banks to help us send money.

[temple]

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

It is not just about new things. Some new things people can accept rightaway without understanding it,,,remember like foldable phones or flat TVs or people going to space who are not funded by the state for example;)

It is when things force you to change your life is when the problems arise. Like email changed the way we send letters or faxes. Or how crypto change the way we needed states and banks to help us send money.

Email is a better example for people hesitating to adopt it. Reminds me of my grandma who never accepted to use email. With crypto and its adoption the issue really was the risk involved when you used it for transactions. I remember my first transactions, checking the public key of the counter party 10 times before pushing "send". If you send your money to a wrong back account at a normal bank, they can reverse the transaction and if they can't, the other party committed theft. This is very different in crypto and keeps people away who are not that tech savvy and critical of technology anyway.

[Gcrypto786]

Bitcoin is a new technology, and some countries banned the use of Bitcoin a few years ago. Although many regions are implementing encryption bans, this does not stop the growth of Bitcoin. Encryption technology, blockchain technology and even the long-term development of the financial industry have a huge role in promoting the long-term development of the financial industry.
With the continuous development of the industry and the market, the country's attitude towards encryption supervision has also begun to change. Bitcoin will provide people with new opportunities for new financial methods, and it will become stronger in the future.

As the countries ban the BTC because they have no control over it and they can't be able to track all the records. People use BTC as a payment method and most of the cryptocurrency is used in Black Market.

[temple]

Bitcoin is a new technology, and some countries banned the use of Bitcoin a few years ago. Although many regions are implementing encryption bans, this does not stop the growth of Bitcoin. Encryption technology, blockchain technology and even the long-term development of the financial industry have a huge role in promoting the long-term development of the financial industry.
With the continuous development of the industry and the market, the country's attitude towards encryption supervision has also begun to change. Bitcoin will provide people with new opportunities for new financial methods, and it will become stronger in the future.

As the countries ban the BTC because they have no control over it and they can't be able to track all the records. People use BTC as a payment method and most of the cryptocurrency is used in Black Market.

I don't think the tracking is the issue that governments see. Tracking has become quite sophisticated and there are strong businesses focusing on analytics technology to make transactions traceable quite effectively. It is more the issue that they can't stop anyone from transacting. They can't interfere with transactions. That's what they claim is the biggest problem when it comes to financing of terrorism and the like.

[Ozero]

Not everything is as cloudless as some here suggest. States and their governments have been keeping an eye on cryptocurrency and have yet to come to a consensus on cryptocurrency since the G20 countries decided that cryptocurrency does not pose a threat to global financial stability. Recently, however, there have been more frequent calls from some high-ranking officials of various states to more strictly regulate the circulation of cryptocurrencies. Therefore, the confrontation is still ahead and it is too early to calm down. States have a lot of real levers of influence on all processes that take place in society.

[Kiley33]

Countries that ban Bitcoin should also consider whether to ban Bitcoin all the time.
The charm of Bitcoin is limitless. Many countries have banned Bitcoin for a period of time, and then they discovered the advantages of Bitcoin and accepted it again.
More and more countries allow the use of Bitcoin. There will also be some countries that set Bitcoin as legal tender.