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"
Bitcoin is a DIGITAL CURRENCY. You need some level of internet connection to use Bitcoin.
On the plus side, I doubt the internet will be "shut down" by the gov.
If the government shuts down the internet they could lose billions of dollars every second and it will create more chaos since they shut down the internet. But i highly doubt that it will ever gonna happen because no one's controlling the internet, the government can only block some areas for accessing the internet but they can't really stop the internet. And besides bitcoin is not that too important to worry about there's more important thing to be worry about concerning about the territorial crisis.