Post
Topic
Board Economics
Re: Why Bitcoin will collapse in price.
by
dblink
on 28/06/2015, 09:09:31 UTC
b) Governments will prohibt merchants from accepting bitcoins. Again: They will never give up their monoply on money.
This is what exactly I was thinking in my mind, It is indeed a bad situation for merchants when Governments prohibit them to do trading with Bitcoins, However these fear can be avoidable, If all corporates business people make a chain between them and force the government to adopt the bitcoin digital currency in their monetary systems.