Quote from: evilgreed on June 08, 2018, 08:54:18 AM

Quote from: rocketbits on June 08, 2018, 08:19:36 AM

Quote from: Fatimah Azzahra on May 06, 2018, 08:16:13 AM

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.

If the government should decide that Bitcoin or any other cryptocurrency should no longer exist I dont anything bad will happen. The government will order all Bitcoin exchanges to return money to their rightful owners and close up their sites. Unless they the government decides to seize every money that is in the blockchain. But I dont think they will ever do that.

Obviously if that will be happening, they will use all their means to prevent us from using crypto all over the world, aside from that, since they cannot control this kind of economy and cannot get their hands into it, instead they will use those resources that are within their control in order to go against the users of crypto. That is how i see the country when all of the government members will be against crypto.

You have a point, and to be honest they cannot really get their hands into crypto because of its decentralization, but instead they will use something they have in order to keep the users off the crypto, for example is by using their law to prohibit crypto in a certain country. In my opinion some companies are already having an idea about blockchain technology, but still they are waiting for some hints to when it is time to use it, because as usual their company will be at stake if they make the wrong decision.