Is it possible to ban Bitcoin?

There is little doubt that 2018 will be the year of cryptocurrencies. The hype around them is still on the rise and it’s not just bitcoin this time – Ripple made headlines after it threatened the dominance of Bitcoin on the market. Long story short, there is a lot of attention around the surge of popularity of cryptocurrencies.

While Bitcoin and other cryptocurrencies (altcoins) represent a major technological development, not to mention opportunities to get rich, banks and some governments are not too happy about the recent developments in the industry. After all, one of the major aspects of cryptocurrencies is decentralization. That is not a favorite word of central governments. Bitcoin and Altcoins practically strip governments and banks of their control over the financial markets. It is obvious that governments will try to regulate or even ban cryptocurrencies.

But is it even possible to ban Bitcoin? Well, to understand this, we need to understand what Bitcoin really is. Bitcoin is a cryptocurrency, but it is also a network and a protocol. A protocol is a language which machines use to communicate with each other. This means that even if the government manages to block all bitcoin traffic (which is unlikely, to say the least) and wallets, you can still send a transaction because Bitcoin is a language. And since Bitcoin is language, you can write a transaction on a piece of paper, SMS or a Facebook message and send to someone in a country where Bitcoin is allowed. That person would simply broadcast the transaction and all the hard work that the government has done to ban Bitcoin would have been for nothing.

The best part is that you don’t even have to compromise your private key. You just have to sign the transaction and send in anywhere you want. Theoretically, you could even call someone in another country and dictate the transaction. This would, of course, be a little bit unpractical.

All this means that there is no way to completely ban Bitcoin on a technological level. But if some government did manage to create and maintain a firewall which would block all Bitcoin data, that would make using cryptocurrencies extremely difficult. However, creating such Firewall is next to impossible.

It is more likely that governments that are afraid of cryptocurrencies will ban exchanges, ICO and all the players in the cryptocurrencies ecosystem, however, they are not Bitcoin. Bitcoin is a language and at the end of the day, you can write a transaction on a piece of paper. Nobody can ban that.

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