Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Bitcoin can be banned or stopped by governments
by
panganib999
on 13/01/2023, 19:50:12 UTC
⭐ Merited by The Sceptical Chymist (2)
If governments could ban Bitcoin, they would have done it by now.

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help"
Good luck with that.

The real question is: why are governments so afraid of Bitcoin (AKA money they don't control and can't print)? Think about it, and you'll find the reason why I like Bitcoin.
They did, China for one have completely shut off cryptocurrency usage within their country AFAIK, and everyone who will be found mining or generating cryptocurrencies in their households are subjected to prison or other grave punishments. So yes, they are very much capable of banning usage of bitcoin. Although I must agree with your statement, they need sheer luck and a ton of money and support from all the other countries in order to successfully shut off bitcoin, which is certainly not gonna happen, not when measures are being taken to regulate its usage anyway.