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.
I myself do not know if this will go smoothly or not, but every thing will always have pros and cons. If you read the news, there is a country called Indonesia. Their central bank mentions the ban of bitcoin as a means of transactions, but they do not prohibit the existence of activities that run there. I do not know what to do in order for a country to trust bitcoin completely.