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??
If that happened government banned bitcoin I think that's that's the end of the popularity of bitcoin. But it is impossible that government banned bitcoin because their are to many country's accept bitcoin as legal tender.