Post
Topic
Board Bitcoin Discussion
Re: Bitcoin can be banned or stopped by governments
by
Davidvictorson
on 04/02/2023, 19:25:41 UTC
Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore
Technically, the government may not be able to outright ban bitcoin, but they can regulate and monitor it through this means: KYC whenever a purchase is made. For example, Apple or Microsoft may have to report to the government the wallet that sent the transaction, which will definitely include the customer's details. It will also include the amount transferred.