When the government forbids cryptocurrency
In my country, the government is gradually apply internet and cryptocurrency control decrees. Previously, they banned direct Bitcoin transactions. Currently, they are banning crypto-related bank transfers. And of course, ICOS is also gradually banned .
Initially, they said they would not ban crypto and bitcoin. But now their actions show that they do not want crypto to exist.
Is their purpose not to secure crypto investors? They are trying to make it their own
They see huge profits being lost for themselves
And when the internet management program took place in my country, maybe I could not come up here to share my views like this. So sad
Maybe that thing will come into reality once the government sees that there is a big negative impact on the society for using Bitcoin and other types of existing cryptocurrency into the human behavior and thinking of the people beyond using crypto. But as for now that small and few issues are just sprouting in the society, it is still easy to be controlled by the government but once this small issues turns out into a larger problem, this will be the time that the government will take an initiation to forbid cryptocurrency usage just to stop the negative effects brought by cryptocurrency usage.