Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??
It is exceptionally easy to comprehend what might be the delayed consequence if this truly occurs later on. After the boycott governments could possibly give you opportunity to take out the cash that you have put into it. In the event that they give you at that point there will be freeze offering of each dime of coins in addition to a significant number of the exchangers going trick, numerous ICO ventures fleeing with reserves as no one considerations any longer. This was the market will begin drying out definitely and the costs will drop with negative exponential rates. Thos who will offer prior will get the greater part of the venture back and others will begin loosing the ROI.
One point will come when the entire speculation will be down to zero and along these lines the costs will be zero everywhere. The finish of digital money.