Can Bitcoin Be Banned
They can work with the treasury department and get US congress to Ban bitcoin, which I kind of expect to can bitcoin be banned happen one day once it becomes obvious that nobody wants their fiat anymore..Drop like a fucking rock in the ocean In December 2013, the Chinese government banned financial institutions from using bitcoin, causing a downturn in the cryptocurrency’s value that would set a precedent for its worth over the. The National Assembly of Ecuador banned bitcoins including other decentralized digital/crypto currencies, due to the establishment of a new state-run electronic money system. Next, the sheer cost in resources and iphone 7 bitcoin time required to add Bitcoin to the ever-growing list of “banned” goods like weapons, drugs, and more would be large, and wasteful While Barhydt indicated Bitcoin bans could potentially happen in places like China and India, he also noted that such a ban would not be possible in the United States due to court rulings that. (Serious question) Sure, the government with the guns can ban whatever they want. Can Bitcoin [marihuana] be Banned? Bitcoin could be banned before reaching full potential The online publication the. Sure it can be "illegal" but its damn hard to regulate. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. Ecuador's new project would be controlled by the government and tied directly to the local currency—the dollar It also serves as an example as to why the situation won’t arise again, the dollar isn’t pegged to Bitcoin as it was to gold when the ban was put into place. The Fed doesn't have the authority to "Ban" anything. The bill clarifies which online crypto exchange federal agencies regulate which type of crypto assets There are various optimistic predictions about the price of Bitcoin these days, especially since the king coin started to consolidate around $15k.