Post
Topic
Board Speculation
Re: The future of Bitcoin
by
danherbias07
on 20/07/2016, 13:54:05 UTC
i think the future of bitcoin will be more batter than present , i hope so that the government will soon adopt the receiving facility of bitcoin in everywhere in the future and then all people convert their money in bitcoin .

I don't think it would happen that everyone will convert their money into bitcoin and no one would use fiat, i would rather say it would be great even if bitcoin is used along with fiat without any governmental ban or anything like that.

Even if Government bans bitcoin people will still continue to use it as they are using it at a moment and I think bitcoin will be holding great value and great future ahead.
I think the government cannot ban bitcoins because if they can we should not be here and witnessing how bitcoin has reach its success already. In the future when the adoption is enough already, the government will be force to also adopt and would probably legalize the use of bitcoins and when that time happens I think we cannot make profit here in investing as the price will likely to be stable that time.

The government can but it will only be for that certain country. Many countries are democratic so there will be a law for it. They cannot just say ban it then it will be done. There will a case for it and it should be talked about including the people in it.