It crossed my mind yesterday and I was thinking what if the government wakes up with an obnoxious law against btc ?
Its trade, exchange and outrightly banning btc usage.
Is this possible?
Do you see this coming?
What do you think & what will happen?
Some countries already banned bitcoin, such as Ecuador, Kyrgyzstan, Saudi Arabia, Bangladesh, and Bolivia
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territoryBut, most countries does not have detailed policies of regulating or banning bitcoins, so it's still safe to use bitcoin in many countries.
I don't think bitcoin deserve to be banned, because citizens could get benefits from bitcoin, there are many business utilize cryptocurrencies as medium of exchange and trading object. As long as a country regulate about KYC and AML for bitcoin and exchanges, it will be fine.