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 think if the government prohibits bitcoin or blocks all Bitcoin wallet sites, then we will come back to a time when backwardness, poverty, and ignorance will be met a lot.
If this ban applies automatically the internet will also end and miss information about technology. Adverse effects will occur.