Post
Topic
Board Bitcoin Discussion
Re: What will happen if bitcoin to fiat exchanges are banned ?
by
Wexnident
on 19/06/2018, 08:37:54 UTC
Lets assume that starting in USA all bitcoin to fiat exchanges are banned. Will people be still interested in Bitcoins? I believe the applications of the blockchain are many, however, most people are attracted to Bitcoins because of its fiat value (or USD value). Deep under I believe that people are really not interested in the use of bitcoins in a decentralized platform/application but more interested in converting Bitcoins in to USD. Fiat currencies still seems to be the norm. Any ideas ?? 
I think if that happened maybe there will be the other ways to exchanged it. Nothing is impossible to the people who have much determination to do it. And if that happened there will be make a big effects to bitcoin adaptation because there will be the facts that the volume of investors will be decreasing.