Post
Topic
Board Bitcoin Discussion
Re: Can government destroy Bitcoin?
by
reality18
on 07/05/2018, 01:06:13 UTC
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

The governments can limit the patronage of Bitcoin to some extend as they cause frequent FUD in the people but the power to the total destruction of Bitcoin rests on the people - You and I. Once people decide not to accept it as a medium of exchange, the demand reduces and that can destroy bitcoin and i don't think this circumstance is very likely to happen, it takes a lot of factors to come to play.