Bitcoin, the crypto currency, has become huge in popularity over the recent years.
One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.
It is not possible to block a fully decentralized crypto. Anyone in the world can mine blockchain and move forward its transactions. It does not need any middlemen or organization to operate. So how can the government ban? Who do they ban? The most they can do is ban exchange (provided that 180 nations agree to do it together, not possible), and users have peer to peer transactions options. Then they will need to cut off the world's internet including 3rd world countries like venezuela, africa etc. They couldn't even dictate all nations to ban cryptocurrency exchanges, hence how can they ban bitcoin, simply impossible.