Here is what I see each time the government tries to stop or control bitcoin-
Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
from what I saw the government wanted to ban btc, but they still didn't understand what bcc was and how it worked, from what I saw they were just wary of money laundering in btc which was very easy and could be done in it, they judged it without looking at the side negative from btc itself because btc can be used as an investment instrument, even developing countries have started to do so, only a few countries still prohibit and enforce strict regulations on btc in their countries, in my own country there is no prohibition to trade, invest, or use btc as a medium of exchange in cyberspace, my country is all legitimate as long as it is not against the law