Cryptocurrency ban

[Nate11]

I have come across articles talking about government banning cryptocurrency.
I always got a kind of confused reading such articles be because I know that cryptocurrency is a virtual Decentralized currency....it's not something you can feel physically and doesn't have a kind of central bank or a regulatory body.
So how will government go about banning it?

[inewoods]

I have come across articles talking about government banning cryptocurrency.
I always got a kind of confused reading such articles be because I know that cryptocurrency is a virtual Decentralized currency....it's not something you can feel physically and doesn't have a kind of central bank or a regulatory body.
So how will government go about banning it?

Government cannot really ban it physically but they can make more stringent rules and regulations to make trading crypto to be a very difficult thing or even block the access to crypto investing in the country.

[Falcon]

We can relate this matter like a water pipe.  We cannot touch the water in the pipe but we can directly touch the pipe. It is not a major issue because we commonly used water daily knowing that in the water pipe there is water in it. Cryptocurrency is intangible and yet we believed because there are evidences that it exist. Government wants to banned crypto as they thought it is harmful to their sovereignty.

[88percent]

It has been so many negative issues that the government ban the cyrpto. But, not all governments do it, it is only few countries that conduct it. Banning is easy, but I don't think that the people in the crypto doesn't involve in the crypto itself.

[leodiaz]

Every governments in each countries in the world has their own views related to crypto. That is why they don't have the same regulation against crypto. There are still many countries allowing crypto or accepting the activities related to crypto.   

[MVT$]

They may do so if they will shutdown the internet in their country but that's never going to happen.
The use of cryptocurrency as a means of payment cannot be banned completely.
Government can only ban trading on exchanges or other platforms where crypto can be converted to fiat.

[Omah karpet]

the biggest fear is the government's ban on entering cryptocurrency is a possible negative thing that can result in misuse of its net and if possible enter it with very strict regulations ..

[getto]

The crypto markets have seen a sharp decline in value since the start of this year. In December 2017, bitcoin peaked at nearly $20,000, but prices have since plummeted and the global average across exchanges was $3,387 at press time. The difference marks an over 80 percent decline in value over the period. Most other cryptocurrencies, including ether and XRP, have also been hit hard by the bear mood pervading the market.

[Bobcrypto]

The crypto markets have seen a sharp decline in value since the start of this year. In December 2017, bitcoin peaked at nearly $20,000, but prices have since plummeted and the global average across exchanges was $3,387 at press time. The difference marks an over 80 percent decline in value over the period. Most other cryptocurrencies, including ether and XRP, have also been hit hard by the bear mood pervading the market.

[Bobcrypto]

The crypto markets have seen a sharp decline in value since the start of this year. In December 2017, bitcoin peaked at nearly $20,000, but prices have since plummeted and the global average across exchanges was $3,387 at press time. The difference marks an over 80 percent decline in value over the period. Most other cryptocurrencies, including ether and XRP, have also been hit hard by the bear mood pervading the market.

Hello friend, you are going off topic and this is against the forum rules. The topic say "cryptocurrency ban".and not bear run or Bitcoin market declined.

Now, concerning crypto ban, i doubt the possibility of government banning crypto because, firstly, some countries has fully welcomed crypto while some had clamp down crypto especially ICOs lunch. In short, the probability of every countries of the world agreeing to ban cryptocurrencies is not realistic. There are many countries of the world that are looking at cryptocurrency and the blockchain as way out for a further economic development of their various countries.

[Taufiq-yy1]

I have come across articles talking about government banning cryptocurrency.
I always got a kind of confused reading such articles be because I know that cryptocurrency is a virtual Decentralized currency....it's not something you can feel physically and doesn't have a kind of central bank or a regulatory body.
So how will government go about banning it?

[ryap12]

I have come across articles talking about government banning cryptocurrency.
I always got a kind of confused reading such articles be because I know that cryptocurrency is a virtual Decentralized currency....it's not something you can feel physically and doesn't have a kind of central bank or a regulatory body.
So how will government go about banning it?

All I can say to these governments motherf*ckers is goodluck! Let them try to ban crypto and people will start leaving and resisting. There are some countries too which slowly accepts cryptocurrency.

[IvugeoEvolutionCoin]

some countries have banned the circulation and use of cryptocurrency so you should not hold too much cryptocurrency.