Some of us are already aware how bitcoin tend to be part of the trend in this recent news. Throwing a lot of goods and bads about it awakens the public and private sectors to be check by the government. Now, some country's government did not allow bitcoin to expand more on their terittory. This may be because of the bitcoin itself that take hold of this stocks, not allowing tax to rule over it, which employs as a part of the government.

Banning of bitcoin is depends on the government of the country, which if the government of one country feels that the bitcoin may become a treat to their government then probably they will ban it. Then if the government feel that it will helps the people a lot then they will legalized it and help it to improve.

In that case, fiat currency should be also banned. Don't you think so? Physical cash is the currency of choice for the 99% of the criminals, including those who indulge in pedophilia, kidnappings and online bank robberies. A lot of evil people are using fiat currency. So let's ban the fiat currency first.

Its fluctuating character makes bitcoin an obstacle to be used as a currency. It is related to government regulation. If it does not fit into the workings and systems in a government, the government's potential for banning bitcoin is possible. It seems like it has happened to a country.

It can Ban bitcoin, this so called gevernment if the threat level is high in their respective countries. Example are countries in Asia, some are accepting bitcoin as their currency while others are banning it in their own land for the regularity of the system. Banks are also on the move on stopping this kind of currency and still wants to implement some FIAt currency still. Bitcoin will render useless when BTC in the country was banned.

The thing about that, is two facts that cannot be changed.

1. Bitcoin is censorship resistant, because each full node contains an independent and complete copy of the blockchain.

2. The internet was created by the government, specifically to enable computer communications even when one or more nodes were removed.

This means two things, in order to stop bitcoin, every single full node will have to be simultaneously shut down from a network of billions of computers worldwide, running on a network specifically designed to continue operation without any possibility of disruption.

This property of bitcoin and the internet is actually caused by the extremely simple way in which computers communicate accross the internet. Since all internet activity is actually based on sending packets of arbitrary data from one IP to another, there is very little to absolutely nothing anyone can do to stop it. Especially when one considers the use of proxy servers.

It is historically commonplace for governments to make unreasonable laws, and it will always be the People's duty to stand up for what they believe in.

I think if the government were to ban bitcoin, they will have to undergo a very long procedure, simply because there must be some legalities as to why something is banned. Unless of course, the form of the government is more of a dictatorship then there isn't anything we can do with regards to that matter.

Although there is nothing that can stop a government or central bank from banning Bitcoin.Most would not go that far for two reasons.Bitcoin has no centre to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin.

According to my view the Government does not have good and substantial motivation to boycott bitcoin. Considering the way that bitcoin change numerous existences of individuals and help to lessen neediness through giving a road to diminish joblessness and offer opportunity to gain past the lowest pay permitted by law. The administration additionally don't have the ability to control the progression of innovation that may facilitate the living of their state and country. Possibly some legislature will simply execute some law to direct bitcoin to force charges from the profit financial specialists get from taking part in cryptos. Coherently, if the legislature truly concern and ensure their state, they will never boycott bitcoin.