Post
Topic
Board Bitcoin Discussion
Re: could the government Kill Bitcoin by labeling it as illegal?
by
redhondaxrm125
on 30/11/2017, 15:44:49 UTC
Hello Guys. These days bitcoin has reached a new high like never before and for sure many governments are are taking notice on it.
I'm from algeria and in the new 2018 county finance rule they labeled cryptocurrency transactions as illegal and that happen also in morocco and other countries i believe . the reasonby was that crypto could be a way of moneylaundring for criminals .therefore my question is ,if most of the countries made dealing with cryptocurrencies illegal, would that mean the end of it ?


Well, if you think about it, it can really be posaible. But if you think deeper, i do not think that governments would even join forces in dling something like this. Since doing so would make a lot of people outraged. Because  every day more and more people are getting into crypto currencies. And if they do this, this may cause a world wide war of people vs. governments. That is what  i think.