If you ban Bitcoin, then Bitcoin will become forbidden fruit and people will want it even more in my opinion. This will just give a sign to the world that we are doing the right thing.
Not that I think a ban will ever happen, but who would want a form of money that can't be spent or accepted? Bitcoin isn't drugs. It's not fun or addictive or profitable regardless of legality. It serves a purpose. Banning it stifles that purpose and people will move on. They're not short of alternatives right now.
. The real issue is trying to really fight the case for Bitcoin being a serious alternative.
If you ban Bitcoin, then Bitcoin will become forbidden fruit and people will want it even more in my opinion. This will just give a sign to the world that we are doing the right thing.
Not that I think a ban will ever happen, but who would want a form of money that can't be spent or accepted? Bitcoin isn't drugs. It's not fun or addictive or profitable regardless of legality. It serves a purpose. Banning it stifles that purpose and people will move on. They're not short of alternatives right now.
I was just speaking figuratively, what if...!!! If they would ban Bitcoin, they could have as well banned Internet 20 years ago!
Well. For all you three I have a bad news. One of the countries about which is written in the main post has already banned bitcoin. This is Russia, which, without waiting for the creation of its bitruble has banned our coin. What are your comments about this news which is in opposite with your convictions?
For more not only Russia but even other 7 other countries has banned as well bitcoin. Those are: Bangladesh, Bolivia, Ecuador, Indonesia, Kyrgyzstan, Thailand and Vietnam. And its status is "restricted" in other three countries (on of them with the same importance as Russia). Those are China, Taiwan and Iceland. If every country will follow those (especially later and when they probably will or can have its national digital coin currency) what will happen with bitcoin? Give me your opinions.
There are signs that even China is prompted to regulate it. There is a thread in this section about this: For more:
https://bitcointalk.org/index.php?topic=1207161.0For more about the legal status of bitcoin in some other countries (the countries where is allowed) everyone can read here:
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_countryIt is supposed that the other countries which are not in the list of above link ignore bitcoin. Are absolutely the majority of the world countries. Only other 31 country have and give data about it. In those country bitcoin is allowed and is regulated. This situation can give an idea in which points is the known (and the real "power") of bitcoin in all the world.