I honestly think Bitcoin isn't decentralized enough considering that government still controls the Internet and can easily censor or shut them down (is this even possible?) anytime.
The move by government to make us go cashless by gradually phasing out cash is even more worrisome, could make them have absolute control over us.
We need some sort of decentralized "physical Bitcoin" that doesn't depend on the Internet and can be exchanged for online Bitcoin. It is too risky not to have offline alternatives to Bitcoin to act as backup plan for online Bitcoin in case something big goes wrong.
Pls I need to know something, Is it possible to exchange Bitcoin with other people without being connected to the Internet?
Let say the government bans the Internet and you have your Bitcoin offline(in cold storage right?), can you exchange the Bitcoin to the next person by simply transferring some Bitcoin from cold storage to his/her computer, phone or even data storage devices(like SD Card, USB, Hard drive etc)?
If this is possible then no need for the "Physical Bitcoin"
I don't think that it's possible for the governments to shut down the Internet. To shut down the Internet, they will have to give up a lot of benefits themselves and there're a lot of online service they're providing so if they shut down the Internet, they will take more disadvantages than advantages.
That's true there will be more disadvantage than advantage if they shutdown the internet. But maybe we should also learned how to put our bitcoin into a cold storage for our safety purposes. But for me it is really impossible that governments will shutdown the internet.