Quote from: ekoice on November 03, 2016, 07:35:14 PM

Governments fear Bitcoin since they may loose their revenue which they get from taxes.Bitcoin transactions are untraceable.Moreover, banks may force governments to ban Bitcoins as they also loose their income which they get through transactions.I dont think it would create a huge impact on Bitcoin.The world itself is moving towards digitalization.Rather, governments can regulate Bitcoin by certain laws instead of banning it.

yes i agree. The government are threatened to bitcoin since they cannot get the enough revenue from it compared to a fiat. Due to this, a government my ban the use of bitcoins. Unfortunately, it will be a hard challenge for them to ban bitco8n since bitcoin is everywhere. Banning bitcoins means cutting off all the internet connections. So the government may end up puuting bitcoins in regulation than banning it.