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??
government is already running Bitcoins in many countries because they think that all the illegal works are done using Bitcoins only and so that Bitcoin is also illegal as because Bitcoin can't be traced so the government is banning Bitcoins in many countries in fact it's true that all the illegal works are done using between sorry like drug smuggling and in the dark website also everything is done using Bitcoin only.