Post
Topic
Board Bitcoin Discussion
Re: Government trying to stop bitcoin, what I see
by
dificanovi
on 05/10/2018, 04:46:55 UTC
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.

if there is a government that prohibits bitcoin, there will be a price reduction in the crypto market. bitcoin will still be there even if there is a government that forbids it but only the market price has a slight price decline and if there is a large purchase then the market price will rise again.