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.
It is unlikely that most countries will ban bitcoins. Investment wise, many countries have already took bitcoins and other crypto currency, a thought. Many big personalities have been speculated to also invest in bitcoins. The market today demands highly on bitcoins. This would make the country think first before doing any decision.
Well, you haven't been listening to Jamie Dimon. He may be vehemently against Bitcoin, but what he is saying is not total non-sense. Governments like to control money, know who has it and how it is moving. Bitcoin undermines all this.