Re: Can bitcoin withdstand the raising legal obstacle.

As we know it, bitcoin faces several question of legality. Some countries opposes the circulation of bitcoin. The question is still on the air. What do you think guys.,

This whole thing is bound to greatly affect Bitcoin. The idea that no country can ever ban to stop Bitcoin is only applicable in an ideal world...the fact is that countries have the power to make anything illegal and punishable by imprisonment or fines. Yes, Bitcoin will stay as it is because technically no one can touch it but what will its use be if people are barred by getting into it? The power of the governments can be immense and that is why we have to thank those governments which are allowing the trading of Bitcoin.

Legalization or total blockage or ban is the only things i can think off on how bitcoin would go in near future and we should really accept the fact that those legal obstacle can really affect bitcoins adoptation mong countries but not totally a hindrance for us to stop on adopting or using it. Bitcoin community or even cryptocommunity generally do really already expect for this thing to happen because a decentralized thing cant really be expected to be adopt easily.

But in reality as people who do use bitcoin and altcoins have the fear always specially when they are residing on a country which prohibits their usage because we do know on what would we face once being caught by authority but if we do think up closely we can really still make transactions which are far from their awareness( underground transactions ) because we do all know that tracing up will really be hard for them when theres a citizen opposing with their laws.