Can a country actually ban Bitcoin? - Decrypt

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Countries banning Bitcoin

Countries banning Bitcoin submitted by Jumpingcords to Bitcoin [link] [comments]

What happens when a country bans bitcoin?

Do we have any data on what happens when a country bans bitcoin or cryptocurrencies?

From the inside of said country, do the price goes up or down? Does demand increase or decrease?
submitted by potatocomet to Bitcoin [link] [comments]

If a country bans bitcoin, investors will move away

In Puerto Rico, there is no tax on crypto. You can hodl and then once you are a multimillionaire you can just go to puerto Rico and retire. If a country bans crypto or excessively taxes it, bitcoin holders can just move, depriving the country of tax revenue and business while the crypto friendly country receives business, capital, and potential tax revenue. This means there is a price to being crypto unfriendly. A country does so at its peril. Countries don't matter anymore.
The people don't bow down to countries anymore. Countries bow down to the people now.
Unless every single government in the world launches a coordinated attack on crypto, there is no stopping crypto.
submitted by tramselbiso to Bitcoin [link] [comments]

Bitcoin Discussion • The countries banned Bitcoin

submitted by btcforumbot to BtcForum [link] [comments]

Segwit2x is the REAL Banker takeover? Maybe that's why China and other countries banned Bitcoin and Ico.

https://np.reddit.com/btc/comments/743qb8/is_segwit2x_the_real_banker_takeove
Segwit2x is the REAL Western Bankers takeover. Heres the break down
So, to recap: DCG's Board of Directors and Advisors is almost entirely made up of Central Bankers including one currently sitting Member of the Federal Reserve Bank of New York and another who was Chief Economist at the World Bank.
The CEO of the company spearheading the Segwit2x movement (Barry Silbert) is an ex investment banker at Houlihan Lokey. Also, Mastercard is an investor in the company DCG, which Barry Silbert is the CEO of.
The company overseeing development on Segwit2x, Bitgo, has a product/service that seems to only have utility if transacting on chain and using 0-Conf is inefficient or unreliable.
Segwit2x takes power over Bitcoin development from core, but then literally gives it to central bankers and Mastercard. If segwit2x goes through, BTC development will quite literally be controlled by central bankers and a currently serving member of the Federal Reserve Bank of New York.
submitted by Block3000 to ChinaCrypto [link] [comments]

What happens if a country banned bitcoin (or cryptocurrencies in general)? /r/BitcoinBeginners

What happens if a country banned bitcoin (or cryptocurrencies in general)? /BitcoinBeginners submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What will happen if your country bans bitcoin after buying?

Suppose from today the government declares Bitcoins as illegal in your country then any kinds of exchange of Bitcoin become illegal. All trading platform and companies have to be shut down within given time by the government.
But before taking any legal step towards banning bitcoin. The government will definitely consider the loss of investor and companies. To recover the loss, the government will provide some ultimatum to trading companies to return users investment and make an exit from the market.
submitted by akibzaved to BitcoinBeginners [link] [comments]

World's fourth-largest country bans bitcoin

submitted by Leandover to Buttcoin [link] [comments]

10 things that will happen if India (or any other country) bans Bitcoin

10 things that will happen if India (or any other country) bans Bitcoin submitted by RaghuMohan25 to bitcoin_uncensored [link] [comments]

Ecuador to bring in digital currency - country bans bitcoin, but plans to launch world's first state-backed digital currency

submitted by toomuchtodream to worldnews [link] [comments]

Could a Country ban Bitcoin if its government has previously sold seized Bitcoin?

Would be an interesting legal conundrum - at the very least they'd surely have to refund buyers.
submitted by TrueSpins to Bitcoin [link] [comments]

Countries banning Bitcoin

Countries banning Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

If a country bans bitcoin, investors will move away /r/Bitcoin

If a country bans bitcoin, investors will move away /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] These countries banning bitcoin

The following post by goody718 is being replicated because the post has been silently greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7hy2y5
The original post's content was as follows:
http://i0.kym-cdn.com/photos/images/original/000/913/758/a12.jpg
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

What will happen if your country bans bitcoin after buying? /r/BitcoinBeginners

What will happen if your country bans bitcoin after buying? /BitcoinBeginners submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Could a Country ban Bitcoin if its government has previously sold seized Bitcoin? /r/Bitcoin

Could a Country ban Bitcoin if its government has previously sold seized Bitcoin? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

My country banning Bitcoin (possession, exchanging). I still want to be part of the bitcoin revolution. /r/Bitcoin

My country banning Bitcoin (possession, exchanging). I still want to be part of the bitcoin revolution. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What if all the countries ban bitcoin accept for the United States?

What would happen to the price, etc?
submitted by toonicey to Bitcoin [link] [comments]

Correct me if I'm wrong. But BitCoins being banned in some countries is crucial.

This has to happen for it to be adapted as the stable international currency for which it was intended. All that happens if a country bans Bitcoin is money doesn't come in to their country. All the while, it remains as the cheapest way to transfer money, something the country cannot stop.
submitted by shamas8 to Bitcoin [link] [comments]

Correct me if I'm wrong. But the use of BitCoins being banned in some countries is crucial to it's use as an international currency.

This has to happen for it to be adapted as the stable international currency for which it was partially intended. All that happens if a country bans Bitcoin is money doesn't come in to their country. All the while, it remains as the cheapest way to transfer money, something the country cannot stop.
submitted by shamas8 to BitcoinMarkets [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]

European countries call for EU stablecoin ban (x-post from /r/Bitcoin)

European countries call for EU stablecoin ban (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Top 10 countries where BitCoin Cryptocurrency is illegal and banned 2018 Can Governments Ban Bitcoin and Cryptocurrency? Countries That Have Banned Cryptocurrency Bitcoin Q&A: Will Governments Ban Cryptocurrencies? - YouTube Game Over for Bitcoin? The Real Reason China Banned Cryptocurrency Exchanges

China’s policy places the country in opposition to its Hong Kong territory, in which all Bitcoin and crypto usage remains legal. 6. Ecuador. Bitcoin has been banned in Ecuador since June 2014—making it one of the first countries in the world to issue a Bitcoin ban. Countries Where Bitcoin Is Banned or Legal In 2020. If you are looking to buy, sell, or spend Bitcoin, you should check if it is legal in your country. In fact, there are many countries with different cryptocurrency regulations. Some ... The central bank of Bangladesh announced a ban on all bitcoin holdings and used in the country at the end of 2017. The Central bank cited the anti-terrorist act of 2009, the money laundering act of 2012, and the FOREX regulations act of 1947 in the ban’s announcement. They also said that bitcoin is not authorized by any regulatory authority and could bring its citizens financial loss. The ... Some are banned by the country’s Central Banking system, some are banned by the nation’s government, and in many countries the Central Bank and national government act as one and the same. These are the Top 10 bannings of bitcoin, via official statement banning the currency nationally, or in practice, in alphabetical order. Can a country actually ban Bitcoin? Concerns that Bitcoin could be banned have spanned more than a decade, but it's becoming less likely over time. By Daniel Phillips. 4 min read . Aug 18, 2020 Aug 18, 2020. Bitcoin. Many have tried to ban Bitcoin. None have succeeded (Image: Shutterstock) In brief. Some countries have already enacted blanket bans on Bitcoin. However, actually enforcing a ban ...

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Top 10 countries where BitCoin Cryptocurrency is illegal and banned 2018

Countries That Have Banned Cryptocurrency. Countries That Have Banned Cryptocurrency . Skip navigation Sign in. Search. Loading... Close. This video is unavailable. Watch Queue Queue. Watch Queue ... Will governments or international government organisations implement their own centralised cryptocurrencies and ban the mining or ownership of open decentral... Bitcoin. Can the government ban Bitcoin? - Duration: 2:34. Printing Paris Barcelona Rome Milan Singapore Hong Kong Printing Japan Korea 3,390 views We have listed here the top 4 countries in which bitcoin and other cryptos are banned. Tune in for today's Cryptocurrency and Blockchain news, updates, and more! »Check in for daily news, updates ... Here we presents the most strict countries for bitcoin where bitcoin policy or cryptocurrency are banned and take as illegal.Top 10 country are given: bangladesh= It invoked the provisions of the ...

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