Post
Topic
Board Bitcoin Discussion
Re: What will happen if bitcoin to fiat exchanges are banned ?
by
FiveReels
on 20/06/2018, 12:20:03 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 ?? 
Big trouble to the investor if this thing may happen, We already used to do it day by day, bitcoin is already part of our life, Anything happens with banning crypto's are directly affected to its value, Most of  us indulge to bitcoin just for money, This is not good to people who relied on crypto's, More people  may lose their job online. More people will become unemployed.