Hi,
First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
We cannot be sure. It is expected that countries are reacting the way they are because they see crptocurrencies as a threat which is not under their control. Once they start to realize advantages they could have from cryptos, they will probably try to regulate it and benefit from it. And even if they ban it, it will still be used. There are many things in the world banned (most of them with good reason) but that doesn't stop people from using them.