Perhaps one day with the current bitcoin advances, bitcoin digital currencies will be an international currency for all countries, and make it easier for every human to make transactions between countries when going to another country.
if it happens in the future it will certainly affect the paper money that exists around the world, whereas we know when the banknotes have a lot of history and symbolize the diversity of a country with other countries.
if that happens, surely the government will not remain silent on the matter, there will be an agreement between state governments to immediately close the bitcoin network to the world.
what will you do if you have a lot of bitcoin.
That's a nice idea but for me it will not happen... Yes probably a lots of country prohibit the use of cryptocurrency in their country... But still they cant control everyone of us to stop it... Bitcoin is not illegal nor scam... So if government banned it for me it will probably the worst problem of every crypto user... But as long as the time of bitcoin today is not against us... Don't worry about it... But incase it happen we need to depend the uses of crypto until the government realize it... Hoping that soon they will get thia point...
Let's face it, if all governments illegalize crypto, it will not survive. For whatever reasons the governments may have if that happens, it will start a massive decline and people will avoid being into bitcoin. Thise who would prefer to still use it will have an extremely hard time and market will shrink.
Although there are still few that keeps supporting bitcoin when that happens, i guess it will be really a hard time for those supporters. There is also no telling what will happen if the government will really make a move and officially prohibit bitcoin all over the globe. And if really the government will be serious on this and for whatever reason they have, they will extremely do whatever it takes in order for the supporters to be on a hard time or if worsts comes to worst everyone who has bitcoin will be considered as criminal.