Can a country actually ban Bitcoin? - Decrypt

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r/CryptoMarkets

FOREX community for cryptocurrencies. Tags: mt gox bitcoin, long term potential, open source exchange, low inflation rate, demand and price, technical analysis, fundamentals, Bitcoin, Ethereum, Litecoin, Monero, Dash, Augur, token, volume, oscillator, RSI, stochastic, trend, sentiment, strategy, scam, coin, coinmarketcap, altcoin, Peercoin, script, blockchain, PoW, PoS, Proof of Work,
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Can governments ban Bitcoin?

Hey guys! I have wrapped my head around how awesome bitcoin is, how much of a potential it bears as a future store of value - there is one thing that keeps me wondering if it will manage to stay with us forever... No government wants the currency that they are not able to control. With Bitcoin the power of economy is in the hands of ordinary people. I think governments will impose some really strict measures/ban Bitcoin if it's market cap will start chasing local currencies. Change my mind.
submitted by shadybron to Bitcoin [link] [comments]

Why Ban Bitcoin When It's Used Globally? Pakistani High Court Challenges Crypto Ban

Why Ban Bitcoin When It's Used Globally? Pakistani High Court Challenges Crypto Ban submitted by CaptLuLu to CryptoCurrency [link] [comments]

@Reuters: UK watchdog bans Bitcoin-based products for retail investors https://t.co/iCeUUiMjzQ https://t.co/mGkcOvQE6i

@Reuters: UK watchdog bans Bitcoin-based products for retail investors https://t.co/iCeUUiMjzQ https://t.co/mGkcOvQE6i submitted by -en- to newsbotbot [link] [comments]

Russia Aims to Ban Bitcoin Miners From Earning Bitcoin

Russia Aims to Ban Bitcoin Miners From Earning Bitcoin submitted by SaneFive to BitcoinMining [link] [comments]

UK watchdog bans Bitcoin-based products for retail investors

submitted by Ranzware to BitNewsLive [link] [comments]

@Reuters: UK watchdog bans Bitcoin-based products for retail investors https://t.co/skKK5JkwS5 https://t.co/p4DJVJvelU

@Reuters: UK watchdog bans Bitcoin-based products for retail investors https://t.co/skKK5JkwS5 https://t.co/p4DJVJvelU submitted by -en- to newsbotbot [link] [comments]

UK watchdog bans Bitcoin-based products for retail investors

UK watchdog bans Bitcoin-based products for retail investors submitted by LiterallyStonkler to StonkFeed [link] [comments]

UK watchdog bans Bitcoin-based products for retail investors

submitted by conservativebotfeed to OneAmericaNews [link] [comments]

Google Now a Block Producer on EOS! McAfee Jailed in Spain! UK Bans Bitcoin!

Google Now a Block Producer on EOS! McAfee Jailed in Spain! UK Bans Bitcoin! submitted by crypto_blood to eos [link] [comments]

OANN: UK watchdog bans Bitcoin-based products for retail investors

OANN: UK watchdog bans Bitcoin-based products for retail investors submitted by conservativebotfeed to TheNewsFeed [link] [comments]

FCA Bans Bitcoin and Ethereum ETNs and Derivatives

FCA Bans Bitcoin and Ethereum ETNs and Derivatives submitted by EthTraderCommunity to ethtrader [link] [comments]

British watchdog bans Bitcoin-based products for retail investors

British watchdog bans Bitcoin-based products for retail investors submitted by robbyyy to PlatformIndustry [link] [comments]

[Business] - UK watchdog bans Bitcoin for retail investors

[Business] - UK watchdog bans Bitcoin for retail investors submitted by AutoNewsAdmin to TIMESINDIAauto [link] [comments]

Is it possible for government to ban bitcoin apps similar to banning TikTok and WeChat?

We've seen the US government ban TikTok and WeChat because they are Chinese. I hold an Asian tech ETF which went down in value. I know many Westerners who hold this ETF, which shows that this move can easily hurt Westerners. Likewise I know many Chinese multimillionaires who hold vast quantities of American stocks and ETFs, and their wealth has barely been affected, so this move makes no sense at all because investments now are global and borderless.
Nevertheless, it is what it is, but it makes me wonder about how immune bitcoin is from government interference. What if the government is anti-crypto and banned bitcoin apps eg Coinbase, Coinomi, Wallet of Satoshi etc. Wouldn't this practically end bitcoin use?
submitted by hmgEqualWeather to Bitcoin [link] [comments]

Why Ban Bitcoin When It's Used Globally? Pakistani High Court Challenges Crypto Ban (x-post from /r/Cryptocurrency)

Why Ban Bitcoin When It's Used Globally? Pakistani High Court Challenges Crypto Ban (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

What Can Governments Actually Do to Ban Bitcoin and Other Cryptocurrencies and What Can We Do About It

What Can Governments Actually Do to Ban Bitcoin and Other Cryptocurrencies and What Can We Do About It submitted by Trillion777 to CryptoCurrency [link] [comments]

Russia Aims to Ban Bitcoin Miners From Earning Bitcoin

Russia Aims to Ban Bitcoin Miners From Earning Bitcoin submitted by SaneFive to russia [link] [comments]

Can a country actually ban Bitcoin?

Whether or not a country can actually "ban #Bitcoin" Thankfully, it's something that becomes more and more difficult and less and less likely with each day that passes.
https://decrypt.co/37366/can-a-country-actually-ban-bitcoin
submitted by BenStoAmigo to AXELNetwork [link] [comments]

‪If US banks collapse and government bans #bitcoin , how can the average person obtain it? 🤷‍♀️ ‬

submitted by Shenron2020 to Bitcoin [link] [comments]

New Russian Law Bans Bitcoin Payments for Goods and Services

New Russian Law Bans Bitcoin Payments for Goods and Services submitted by swiftestcat to btc [link] [comments]

Russia Aims to Ban Bitcoin Miners From Earning Bitcoin

submitted by raaner12 to Altcoinss [link] [comments]

“You cant ban Bitcoin” this is the common phrase I hear

All US government has to do is sanction and fine every bank that allows withdraws to crypto exchanges. This will dry up liquidity as no new fiat will enter the space. Congress could also tax crypto long term capital gains at 90% and also implement a “holding tax” per year. This would kill Bitcoin and all cryptocurrencies.
No liquidity- no market. Once bank services are eliminated Bitcoin price collapses 90%. This causes miners to become unprofitable and shutdown which creates a death spiral.
The government will seize any hard sound money and drive it out of the market because it does not serve their agenda. The government must control where capital flows or it has no power.
I fully 100% believe the US government will successfully kill crypto.
Oh and I don’t think it’ll come to this but if need be the US government can just make it a crime to hold BTC and because it isn’t private at all and most exchanges are KYC your identity is already tied to your associated wallets. 1-2 year jail time should do the trick.
submitted by justbought100k to CryptoCurrency [link] [comments]

HELP! The USA Is Attempting To Ban Bitcoin! Bitcoin Price Nears $6400!! BULLISH NEWS! Bitcoin Q&A: Will Governments Ban Cryptocurrencies? - YouTube How the United States Will Ban Bitcoin (BTC Ban 2019) Banning Bitcoin Possible? Programmer explains. Congress Rep. Brad Sherman calls for the ban of all ...

BRITS have been banned from buying a "harmful" type of cryptocurrency investment in the UK. The ban includes products on cryptocurrencies such as Bitcoin, Ethereum and XRP. The City watchdog is ... While Barhydt indicated Bitcoin bans could potentially happen in places like China and India, he also noted that such a ban would not be possible in the United States due to court rulings that ... In brief. Some countries have already enacted blanket bans on Bitcoin. However, actually enforcing a ban on Bitcoin is a challenge. Censorship circumvention technologies enable even citizens of repressive regimes to access Bitcoin. Bitcoin Ban Deemed Unlikely During Congressional Hearings. Recommended For You. A Major Tesla Investor Has Predicted Bitcoin Will Be Worth More Than $1 Trillion In Under 10 Years; Banking Ban – Even though there’s a lot of Bitcoin mining happening in Canada, there is a Canadain banking ban on cryptocurrency. Colombia Illegal – In 2014, the Columbian government’s Superintendencia Financiera issued an implied ban and warned financial institutions that they may not “protect, invest, broker, or manage virtual money ...

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HELP! The USA Is Attempting To Ban Bitcoin! Bitcoin Price Nears $6400!! BULLISH NEWS!

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. In this video, I discuss more indications that the U.S. now plans to regulate and tax Bitcoin, rather than ban it. Brian Brooke is the acting Comptroller of ... 🔥-27% OFF Ledger: https://www.ledger.com?r=f988 🔥 Bitcoin Technical Analysis & Bitcoin News Today: Will all stablecoins be banned? Is this the end of Tether,... Not since the invention of the Internet itself has there been such a controversial technological creation as Bitcoin. Bitcoin's early pioneers sought to blur... Will governments or international government organisations implement their own centralised cryptocurrencies and ban the mining or ownership of open decentral...

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