Bitcoin can be banned or stopped by governments

[Cookdata]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

Bitcoin doesn't begin from India and it doesn't stop there either, it's a global thing and decentralized without any organization or group of people that controls. If bitcoin eventually gets ban in India, I don't think it will affect bitcoin price that much and people from that jurisdiction wouldn't be allowed to use bitcoin freely and openly. When I say openly, I mean freely without hiding their bitcoin from the public(for those who doesn't priorities privacy).

If we are to go by the India government stance on bitcoin in India, I don't think the government has any plan to stop bitcoin and it's people from interactions, there is a bill for regulations I believe and it will come out after careful consideration.

[lalabotax]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

They can only make strict rules and regulations about Bitcoin. They say they will ban Bitcoin but not bitcoin directly. They are able to ban centarlized platforms for exchanging Bitcoin, but they are not able to ban decentralized exchangers for Bitcoin moreover the P2P. They may be able to make certain regulations, but in fact, Bitcoin is unstoppable, even if there is a rule, there are still many people in your country using this, investing in Bitcoin, and having trust in Bitcoin. Let it be, let them say so, but they actually can't.

[bitbollo]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

Did the US government would be part of it? I don't thinks because bitcoin has been already sold by US Marshal auctions - around 185230 BTC https://jlopp.github.io/us-marshals-bitcoin-auctions/
Without their support this can be an useless battle at least for western part of the world.
Moreover at this stage it's kind of impossible and the technology is widespread and accepted by many merchants.
Plus this is a decentralized solution...

[blockman]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

They can ban establishments that will accept bitcoin or have a relation to their business and bitcoin. That's all they can do but to ban bitcoin and its entirety, they have no means of doing that.
And even if they ban it, everyone will still be able to access it no matter how hard they try, still, there will be citizens that will access bitcoin wallets and bitcoin websites even if they execute an entire ban on their country.

[Emmanuelex]

A lot of people makes use of centralized wallets, and such people would be easy work for the government to take down. It would be difficult for the government to take down those who are making use of fully decentralized BTC BTC wallets. But from what we know, there has been news before about a regulation that will require that users of centralized wallets give information about who they are sending or receiving bitcoins from, so that would be a way to expose those that are staying private. If the whole community will be decentralized, and no more use of centralized wallets or platforms, then I think it would be a hard case for the government to crack.

[Lanatsa]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

They can ban establishments that will accept bitcoin or have a relation to their business and bitcoin. That's all they can do but to ban bitcoin and its entirety, they have no means of doing that.
And even if they ban it, everyone will still be able to access it no matter how hard they try, still, there will be citizens that will access bitcoin wallets and bitcoin websites even if they execute an entire ban on their country.

This is where Bitcoin do get its main support and recognition on which there's no way for Government to stop it technically or simply speaking about its operation completely.They might able to take some action

into those businesses or platforms which are attached to Bitcoin or crypto as a whole but its not something enough on completely eradicating Bitcoin into its existence.As long there would be
people and there would be someone who do make out these transactions or simply having the demand then it couldnt die.

Some had already surrendered on looking for ways and methods but they do fail but rather they do go into the opposite side which it to accept or adopt but most of the current government
are still in neutral phase.

[blockman]

They can ban establishments that will accept bitcoin or have a relation to their business and bitcoin. That's all they can do but to ban bitcoin and its entirety, they have no means of doing that.
And even if they ban it, everyone will still be able to access it no matter how hard they try, still, there will be citizens that will access bitcoin wallets and bitcoin websites even if they execute an entire ban on their country.

This is where Bitcoin do get its main support and recognition on which there's no way for Government to stop it technically or simply speaking about its operation completely.They might able to take some action

into those businesses or platforms which are attached to Bitcoin or crypto as a whole but its not something enough on completely eradicating Bitcoin into its existence.As long there would be
people and there would be someone who do make out these transactions or simply having the demand then it couldnt die.

Some had already surrendered on looking for ways and methods but they do fail but rather they do go into the opposite side which it to accept or adopt but most of the current government
are still in neutral phase.

Yes, that's what I meant to say. They can't stop bitcoin wholly but those companies, stores, establishments, and services that accept bitcoin as payment then here's where they can do something about them and that's to ban them but not bitcoin.
Eventually, they'll just have to accept the fact that bitcoin is unstoppable and no government can stop it even the miners. They just have to embrace and adopt it because that's the best thing for them to do and at the same time, they'll benefit from it if they'll implement taxation for profits made from it.

[landheer]

I think bitcoin could be banned if all the governments agreed,
(....)

I don't think so. If they can control the internet or shut it down, that's the time Bitcoin will stop.
Bitcoin is decentralized, that's how Bitcoin works, so I believe as long as there is the internet, Bitcoin will stay even government will ban it.

it's true too,, your words,, I forgot about the internet. but of course if the government does not agree with its people to invest in bitcoin, surely it will hinder people who invest in bitcoin. even though they can invest in bitcoin but, it will not be as free as what is permitted by the government.

[BossTrack]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

Well, the closer nations get to a unanimous ban on crypto the more profit incentive there is for a country to be crypto friendly. It's like if all restaurants in your location agree not to sell hamburgers, there is a lot of incentive for an outsider to pop up and start selling hamburgers.

In the real world, if USA and EU agree to "ban crypto" and IP ban CEX sites or whatever, foreign nations will just get rewarded by having their own crypto exchanges. It just funnels capital to someone else.

[LDL]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

At various times, the Indian government has been making various policies on cryptocurrencies i.e. Bitcoin, but they have not been able to come to any proper decision yet.  The Indian government was supposed to formulate a policy on Bitcoin from 2019 and the Indian Finance Team was supposed to meet with G20 members to develop a valid policy and tax system but they failed to do so.

Indian Central Bank, Reserve Bank of India has said that if Bitcoin and cryptocurrency are not banned, there will be a major crisis in this sector later and the government will have to pay the price.

Due to the negative reviews from various departments and considering the overall status of Bitcoin, the Indian government has informed that they are going to organize an awareness campaign on Bitcoin very soon.  The campaign will include awareness advice on investors, risky investments in Bitcoins and cryptocurrencies, over-investing, and various scam activities.

News: https://news.bitcoin.com/indian-government-launching-crypto-awareness-campaign/

[Dzwaafu11]

Yes governments can ban bitcoin even though they don't come together for two counties even 1 country can ban bitcoin the reason why some government don't like bitcoin is because bitcoin is a digital currency that they can't control or print with that they don't have any hand on the business and if they should allowed the central banks may loose because people may stop using there currency.

[KupaCrypto]

No government can single handedly stop bitcoin, because that government doesn't have the control over bitcoin and as such you can't ban something you don't have control of, you can only stop or ban something under your control.
But if the government of the all the nations come together in agreement of banning bitcoin then I believe they can ban it, because they will shut bitcoin out of the internet in their various countries.

[Gallar]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

things like that won't happen, it's very difficult to unite one thought to be agreed upon by all parties, especially this government.
if only the government unites and agrees to eliminate or legalize bitcoin and crypto, bitcoin and crypto investors will definitely not stay silent, the government cannot decide every plan they want without the approval of the community, they must remember, they are elected by the people.
it's strange if there is a government that wants to eliminate bitcoin and crypto, even though bitcoin and crypto have become a way of success for its citizens.

[qwertyup23]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

If all countries were to ban BTC and its usage, then it will slowly become obsolete and no one would actually use it. There would be no trading aspect as persons would be liable if they transact using BTC. In addition, they would also be penalized by their respective government given that exchanges require KYC in order to transact using it. This will now definitely ruin the chances of BTC being globally accepted and used as a form of alternative currency without the need of any third-party consensus.

While that may be the case, I really doubt that it will happen. There are various countries who see the potential of its usage and its impact on the economy (e.g. Japan, etc.). While there may be countries who prohibit the use of such, there are still countries who continue to develop and adapt BTC to its economy and finances.

[Bobrox]

Based on I heard have countries banned and stopped Bitcoin transaction are China and India, for China have been longer time around Bitcoin under $5,000 announced for banning all Bitcoin transaction and stopped with ICO project working in their country. India announced banned Bitcoin last several years but newly update about trying adopt cryptocurrency taxes above 30% and seems about not consistency banned Bitcoin.

During give beneficial with taxes income I think several countries have banned Bitcoin will allow for cryptocurrency transaction due investment assets or digital currency payment transaction. Huge transaction every years in cryptocurrency make several countries have difference viewed with Bitcoin after banning and later will allow for Bitcoin become legal transaction or legal as investment assets.

[Pesona1]

To ban bitcoin seems like a difficult thing to do because if it were possible maybe today we will see the bitcoin market collapse, I think it is impossible that all countries (globally) will have the same vision to ban bitcoin because after all some countries actually see bitcoin as an alternative which is indeed better in terms of investment, even if India bans bitcoin, of course I don't think it will affect the bitcoin market too much because so far the Indian country has not had too much of a big influence on world finance or the economy, not like China or America.

[BigBos]

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

If all countries were to ban BTC and its usage, then it will slowly become obsolete and no one would actually use it. There would be no trading aspect as persons would be liable if they transact using BTC. In addition, they would also be penalized by their respective government given that exchanges require KYC in order to transact using it. This will now definitely ruin the chances of BTC being globally accepted and used as a form of alternative currency without the need of any third-party consensus.

While that may be the case, I really doubt that it will happen. There are various countries who see the potential of its usage and its impact on the economy (e.g. Japan, etc.). While there may be countries who prohibit the use of such, there are still countries who continue to develop and adapt BTC to its economy and finances.

I don't think it's as easy as described, all countries will work together to stop Bitcoin, I don't think it's possible for that to happen. Considering what is happening in our world today, there is always one sidedness between each other and each has its own strongholds in which there are frictions. .
Where all countries have ambitions to become developed countries and become rulers, usually countries that adopt technological advances, they will become super powers.
My point is that there are countries that view Bitcoin as a thorn that can destroy their power in monopolizing the financial system and there are countries that think that bitcoin is a new invention that will replace the world's financial system so that many countries have/started studying Bitcoin.

[kryptqnick]

I think LoyceV is right that it would have happened by now if they could ban it, but I'd also add 'if they wanted to ban it'. Authoritarian-leaning regimes can have more control over the legislation and introduce very restrictive measures without much backlash. So Bitcoin can be easily banned in a significant part of the world which is not democratic. In democracies, it's much trickier, as there are mechanisms like protests and lobbying to ensure that people have as many freedoms as they can have without it being a major threat to national security or to safety of the population itself. So I don't think that a full ban is possible in a huge democratic chunk of the world. If there's a combo of high crypto interest and strong democracy, it's not going to work.

[Crypt0Gore]

The government must have tried and failed, BTC was a threat to centralised power and the government and today it survived, there is no proof that the government isn't even investing in Bitcoin right now, so far Bitcoin has remained unstoppable and it will always be unstoppable, any country that has banned Bitcoin they will end up lifting the ban, it takes time and patience.

[DooMAD]

If all countries were to ban BTC and its usage, then it will slowly become obsolete and no one would actually use it. There would be no trading aspect as persons would be liable if they transact using BTC.

"No one" seems a little extreme.  Software piracy, music piracy, TV and movie piracy, or copyright infringement in general are all considered illegal in just about every part of the world.  And loads of people still do that.  Certain drugs are also banned in most places, however some people still chose to take them recreationally.  Bans aren't as effective as most people assume.

Banning Bitcoin would simply drive usage underground and make it more difficult for authorities to surveil and monitor.  Fewer people would use it, sure.  But still enough to maintain network effects and utility.