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??
In my opinion, absolutely when all of the governtment of the countries in the world ban bitcoin and blocking all sites which relate to Bitcoin wallets/payments etc over the internet. It will be made the bitcoin die. But It is impossible to be happened. Because the government cannot ban something without anyreasons, also when they ban something which all of their Citizen love without anyreason, it will make chaos in that Country. So, it won't be happened.