Post
Topic
Board Bitcoin Discussion
Re: IS THERE A CHANCE THAT BTC WILL BE CONTROLLED BY THE GOVERNMENT?
by
cafucafucafu
on 20/07/2017, 02:46:16 UTC
Hi

how about if all currencies will be known worldwide or if it will be acknowledged in all countries even coming to become the currencies of the world, what will happen to the value of each currencies, or better yet what will be the impact. Are banks will be their first enemy?
Gracias!

The only way for the government to control Bitcoin is to take control of the "master key" which may or may not even exist. No one has been able to hack into the blockchain and I doubt that in the near future they will be able to do that.

Even if the government could take control of Bitcoin, what would they even do? They won't be allowed to steal Bitcoin or shut it down since the entire world's market would be severely affected and they don't want to be responsible for that.