Ninjastic
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Board Legal
Re: Bitcoin and how it is in different countires
by
ranochigo
on 04/11/2015, 10:22:25 UTC
Quote from: stingers on November 04, 2015, 10:11:05 AM
Quote from: DOGE12321 on November 04, 2015, 06:18:58 AM
I feel sad ( Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed) to hear that bitcoin is being banned in countries including
Iceland
Bolivia
Ecuador
Kyrgyzstan
Vietnam
Bitcoin is such a wonderful online tool of this Modern world. Personally, i hope that these bans will be abolished and that everyone can access bitcoin in whatever country they are without any legal offence occurring. What do you guys think? 
Any source or info that how will the ban take place and what all will be included in the ban? They can never ever ban bitcoin. You need to ban the whole of the internet to ban bitcoin, else monitoring the transactions of bitcoin from your country is impossible.
To ban Bitcoin, the government can easily do what the Chinese did. That is to blacklist all the known IPs of the website and Bitcoin nodes. Monitoring of transactions will be possible if the government creates large amount of Bitcoin nodes /16 IP block apart, only allowing them to connect to the nodes within the country and it would effectively create a sybil attack. Otherwise, they have to find a vulnerability in Bitcoin clients.