Post
Topic
Board Bitcoin Discussion
Re: What would happen if BTC was Banned?
by
randy8777
on 18/10/2016, 15:33:04 UTC
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
I am not sure on what could happen if Bitcoin would be banned but I would not be happy because I then I have Bitcoin that are worth nothing even tho I bought them.
If it will be banned then I am going to get over it and find something else instead of Bitcoin.

bitcoin getting banned doesn't mean your coins will become worthless. there are enough ways to move around certain laws to make it possible to still use it. don't forget that no matter what happens, bitcoin will always hold some sort of value. the fact that it is a decentralized currency will never change. people will use it, and this demand gives bitcoin on its turn value.