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?
Well, that would be hard . Because most of us rely on using bitcoin. I mean most of us is working using bitcoin . If government or your own country, this will be bad. Think about the posibilities about this one. Bitcoin Society will be down. Bitcoin users will stop and look for another job to do. Because bitcoin is now on our society.
Honestly, I don't believe in such scenario.
World today is very divided and in conflict.
Do you really think that EU and Trump can agree about anything?
Or Putin and EU?
Iran and America?
I don't think so.
They all have very different political and economical interests in the world and I don't believe in unique decision about bitcoin.
Some countries may try to ban bitcoin but I don't believe it's realistic and possible.
They can't close Internet or control each citizen on Internet, no way.
I'm more worried about possible tax for bitcoin income.
i myself do not think that bitcoin is going to be banne, bitcoin will continue as digital currency and hope that the government willl also consider it as legal currency.