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??
I don't really see how they could censor or block bitcoin in the whole world, without huge limitations on the daily life. It could happen in a few countries such as China, but not on a global scale for sure.