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 remembered when I was a newbie, I read here in the forum that some for countries they've banned bitcoin I'm not exactly so sure if I am correct or not but you can correct me if ever I am wrong with the information. Bitcoin was banned before in Russia then after a couples of months or years they've revoke it and now Bitcoin was very useful to this country, so meaning there is a big future waiting ahead for bitcoin, which means its not possible to be happen at this point of time now.