Re: What do you think about the future of bitcoin?

Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

If China wants to get out of this revolution instead of being the leader as it currently is then they can do it, bitcoin does not force anyone to use it, but if they do that, they are going to lose the opportunity they have been waiting of debunking the US dollar from being the top currency of the world, it seems the Chinese government has decided to keep their power on their country over having a larger base of power on the whole world.

The future will be much brighter than this as long as China, Japan or USA don't ban bitcoin permanently. The community keeps growing and this is amazing to see the progress of bitcoin eventually.

I will find it very weird if countries like Japan or the US banned bitcoin, Japan has taken the opposite route and they are in fact legalizing bitcoin so it will be very weird if theed did a 180 degrees turn, I think in the US they are going to be very careful about banning bitcoin since their citizens are very susceptible to any ban, however China is a different story since that is a communist and authoritative country.