Post
Topic
Board Bitcoin Discussion
Re: correct me blockhain the underlying ledger system on which Bitcoin is based.
by
longbob72
on 06/05/2016, 16:08:26 UTC
is that correect or wrong? if goverment usees blockhain for taxes and other things will that make the price of bitcoin rise or? what makes bitcoin price to rise? when people buys  ?

https://en.bitcoin.it/wiki/Block_chain
all you need to know.

the government can't use bitcoin blockchain as they please. bitcoin have protocol rules that limits the amount of data that can be transferred. so they'll have to create other P2P database that will have nothing to do with bitcoin. what they do with that won't affect bitcoin.

oh and price of [insert whatever you want here] rises when there's more buyers that sellers.