Can the us government ban bitcoin

So perhaps, the real question is “Can a government ban on Bitcoin be effective?” Some people will follow the law, no matter how nonsensical, irrelevant, or contrary to the human condition. These are good people who have respect for authority and a drive toward obedience. Why Governments Will Not Ban Bitcoin - Anonymous News Oct 24, 2017 · But since government will do whatever most benefits those who control the levers of power, the question becomes, does bitcoin benefit those holding the levers of power? If the answer is yes, then we can predict government will not ban bitcoin (and other cryptocurrencies) because those with the final say will nix any proposal to ban bitcoin. List of Countries That Have Banned Bitcoin!

Dec 03, 2016 · No government can effectivily ban bitcoin (or any other digital record keeping system). They can ban exchanges and thus create another huge ilegal market, for only criminals and terrorist to use it. Governmets don't know yet, but their mafia taxing methods, money printing business and totalitarian money controls are coming to an end.

US government is nowhere close to regulating bitcoin ... Feb 16, 2018 · US government is nowhere close to regulating bitcoin, White House cybersecurity coordinator says the most subtle restrictions to an all-out ban. Meanwhile, the ability that bitcoin … The Race To Ban Or Regulate Bitcoin And ICOs - Forbes Oct 31, 2017 · There is Japan with 11 regulated Bitcoin exchanges controlling over 60% of the global Bitcoin market, while China has banned the sale of crypto currencies and tokens outright. How can governments ban Bitcoin? - Quora

10 Aug 2019 Why would governments ban bitcoin? Follow us on Twitter, Facebook, Steemit, and join our Telegram channel for the latest blockchain and 

They can do that because they are the US govt. What would be the likely consequences of the ban? What happens if the US govt. bans Bitcoin? Ask Question Asked 6 years, 7 months ago. I can not say that in this case the government is spending a lot of money, their try is very efficient and for sure they are far away from failing. The government is coming for your Bitcoin | Sovereign Man Dec 01, 2017 · The same day Bitcoin cracked its all-time high above $11,000, the government dealt its first blow to the crypto world… On Wednesday, a federal judge in San Francisco ordered the popular Bitcoin exchange, Coinbase, to provide the IRS with information on over 14,000 account holders. legal - What happens if the US govt. bans Bitcoin ...