Can Governments Really Stop Crypto? The Reality Behind a Full Ban

[SOKO-DEKE]

The point is that if the government wants to ban Bitcoin, they can still ban it. But the fact is that even they know the benefits of Bitcoin, and that is why all countries cannot come together and ban it. If a government makes Bitcoin illegal in a country, that means anyone who makes use of it and is seen will face punishment. So what will be the reason why someone would be doing illegal things? That will really make a lot of people lose interest in Bitcoin.

Just for example, if the USA bans Bitcoin, do you think that those who will hold Bitcoin will go up by 50% in the USA?and from there it losing power gradually  So, governments have the power to ban Bitcoin, but they will never do that because they also know its benefits. But why are they going against it? It is all because of the control that they will not have over it.

[Cookdata]

So even if one country bans trading, the blockchain itself doesn’t stop. People can still hold their coins in a wallet, send them, or access crypto through other channels. It becomes less convenient, sure, but it doesn’t vanish.

That’s why most countries focus on regulation instead of trying to erase crypto. Regulation gives them a way to control how exchanges work, how taxes apply, and how scams can be reduced, which is something the crypto space honestly needs.

If you want a clearer idea of how crypto rules work in real life, check this simple guide on where we break it down without the confusing legal talk.

Want more straight answers like this? Visit Coinography and explore our latest crypto guides today.

I don't want regulations if they are not friendly and will allow people to be free. I will support anything that will eradicate spams completely even if it's not not 100%, as long as it will take make people to be at safe side and make investment without fear of been scammed, I'm fully invested in it but unfortunately the government doesn't has any measures in place to make that happened, they will end upgiven regulations that are hard to embrace and very centralize policy that will kill privacy.

During ICO time, governments felt there was need for Kyc, they implement AML and made it compulsory for everyone to be Kyc compliance but what happen later, that has never changed anything since the implementation. We have scams everyone now and then, we have people lost their investment to fake shitcoins and high return on investment, what has the government done all this while to do proper investigations about those reports, they don't care but want to make regulations kill creativity and innovation.

[nemesis_incarnate]

The point is that if the government wants to ban Bitcoin, they can still ban it. But the fact is that even they know the benefits of Bitcoin, and that is why all countries cannot come together and ban it. If a government makes Bitcoin illegal in a country, that means anyone who makes use of it and is seen will face punishment. So what will be the reason why someone would be doing illegal things? That will really make a lot of people lose interest in Bitcoin.

Just for example, if the USA bans Bitcoin, do you think that those who will hold Bitcoin will go up by 50% in the USA?and from there it losing power gradually  So, governments have the power to ban Bitcoin, but they will never do that because they also know its benefits. But why are they going against it? It is all because of the control that they will not have over it.

Yep. their goal is to expose the peeps through their own services - that way, they would still have strings attached to your coins and you (as a regular citizen) would probably not think about it that much.. Only if a disaster strikes.

[The Sceptical Chymist]

Governments can make crypto inconvenient but not eliminate it.

And since they write the laws, they can make whatever they like illegal--and that would be a far more dire situation than an inconvenience.  If a country's government made the possession and use of bitcoin illegal and punishable by a crippling fine and/or jail time, that would wind up being equivalent to eliminating it (in that country of course, not globally).                                                   

I'm just hoping this is all a debate about things that won't ever happen.  Got all my digits crossed.

[john_egbert]

Governments can make crypto inconvenient but not eliminate it.

And since they write the laws, they can make whatever they like illegal--and that would be a far more dire situation than an inconvenience.  If a country's government made the possession and use of bitcoin illegal and punishable by a crippling fine and/or jail time, that would wind up being equivalent to eliminating it (in that country of course, not globally).                                                   

I'm just hoping this is all a debate about things that won't ever happen.  Got all my digits crossed.

Those that would do such a thing would give a lead for those having clearer minds and the desire to tax more instead of banning and outlawing things.. I too hope for such a thing to stay only in a speculation board.

[Issa56]

Let’s be honest, the fear of a crypto ban pops up every time the market gets shaky or a big headline hits the news. And if you’re holding coins or even just thinking about getting in, it’s normal to wonder, “Can they really ban this completely?”

I don’t think there is nothing to fear about, if the government can completely ban bitcoin completely, then they would have don that. Different countries have tried to ban bitcoin, but they not just successful, they do end up failing. Even if a country declares ban on bitcoin, their citizens are still always looking for ways to accumulate bitcoin, because we all know that the countries trying to ban bitcoin are just doing that just fit their own selfish interests.

[henry_of_skalitz]

Let’s be honest, the fear of a crypto ban pops up every time the market gets shaky or a big headline hits the news. And if you’re holding coins or even just thinking about getting in, it’s normal to wonder, “Can they really ban this completely?”

I don’t think there is nothing to fear about, if the government can completely ban bitcoin completely, then they would have don that. Different countries have tried to ban bitcoin, but they not just successful, they do end up failing. Even if a country declares ban on bitcoin, their citizens are still always looking for ways to accumulate bitcoin, because we all know that the countries trying to ban bitcoin are just doing that just fit their own selfish interests.

Loopholes will be found time and time again.

Until they will realize that BTC cannot be truly banned or stopped.

[ancafe]

I don’t think there is nothing to fear about, if the government can completely ban bitcoin completely, then they would have don that. Different countries have tried to ban bitcoin, but they not just successful, they do end up failing. Even if a country declares ban on bitcoin, their citizens are still always looking for ways to accumulate bitcoin, because we all know that the countries trying to ban bitcoin are just doing that just fit their own selfish interests.

Bitcoin's initial introduction was much more challenging because many governments opposed it for various reasons. However, Bitcoin overcame a long process to reach its current level and more countries are now opening up to this asset. In 2021 China publicly banned Bitcoin entirely and even restricted its citizens from investing and other activities. Despite the final ban miners have grown rapidly there from the initial policy that was made so that this can be a real example.

I'm not particularly concerned about government policies restricting Bitcoin, although we must admit they could have a significant impact on people's involvement. Essentially governments never want to completely restrict Bitcoin they simply create specific policies to achieve the interests you outlined and sometimes even more absurd because the government itself grants operational permits to exchanges to operate in their jurisdiction.

[Patikno]

So even if one country bans trading, the blockchain itself doesn’t stop. People can still hold their coins in a wallet, send them, or access crypto through other channels. It becomes less convenient, sure, but it doesn’t vanish.

Maybe, you are forgetting one thing: the government profits from crypto transactions. We can see that many countries utilize crypto as a source of state revenue through taxes. Rather than trying to stop crypto, they clearly prefer to engage with it for its various benefits. For example, my country is one of those that taxes crypto, and the tax rate is relatively low for me, but every transaction is taxed. Imagine how many transactions there are per day. So, I don't think there is any reason for the government to stop crypto; in fact, they benefit greatly from its presence. Furthermore, mining and centralized exchanges are also taxed, making it even more profitable for a country.

[bournekin]

Let’s be honest, the fear of a crypto ban pops up every time the market gets shaky or a big headline hits the news. And if you’re holding coins or even just thinking about getting in, it’s normal to wonder, “Can they really ban this completely?”

A government can definitely make crypto difficult to use. They can block exchanges, stop banks from working with crypto platforms, and even make rules that scare businesses away. In some places, that already happens. But banning crypto fully is a different story, because crypto isn’t just one website or one company you can shut down. It’s a network. Bitcoin, for example, runs across the world on thousands of computers that don’t belong to one single owner.

So even if one country bans trading, the blockchain itself doesn’t stop. People can still hold their coins in a wallet, send them, or access crypto through other channels. It becomes less convenient, sure, but it doesn’t vanish.

That’s why most countries focus on regulation instead of trying to erase crypto. Regulation gives them a way to control how exchanges work, how taxes apply, and how scams can be reduced, which is something the crypto space honestly needs.

If you want a clearer idea of how crypto rules work in real life, check this simple guide on where we break it down without the confusing legal talk.

Want more straight answers like this? Visit Coinography and explore our latest crypto guides today.

This depends on the government and the county they rule over. can they actually stop it no i don't think so, we are living in a world now where there is always away around everything especially with the strength the internet has in our generation and certain plate forms. yes they can make it more difficult for individual to access and use which leads to frustrating people which can lead to a person giving up on using it. the government can do their best to try control the crypto market but to shut the blockchain down completely is not something they have within their powers to do or put into effect.