This thing came up to my mind suddenly. As I know a currency is a transaction medium that majority of the people agree to use to exchange their items with them. If it is the case, if majority refused to use crypto currencies, what will be the consequences may occur ? And how it will affect to the ICOs ? Any Ideas?
Cryptocurrency can successfully exist only when there will be many people who will use it. Therefore, if the whole society refuses to use cryptocurrency, it will simply die. However, at this time it is no longer possible, since many have appreciated the advantages of cryptocurrency and even if it is banned by many states, the cryptocurrency will be in demand all the same, and therefore its not worth worrying about its continued existence.