Quote from: phamminhtan on September 10, 2019, 08:02:33 AM

Quote from: bitcoinminer91 on September 01, 2019, 08:32:41 PM

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 very difficult to ban Bitcoin worldwide, this is impossible, even many countries prove that Bitcoin does not affect traditional finance.

Presently it has no impact on traditional fiat or banking system because people use it for now, for asset purpose, and the usage as currency is still very low, but wait till the currency usage of it becomes very high, you will see many government trying to see what they can do to stop it which would have been too late by then, and this is why they ought to have accepted it now and then think of a way of regulating it, but because of the money the system is bringing to their country, they would rather just let it be for now.

Look at United states now, there are so many people that are trading and we have highly intelligent trader who would hardly lose their trade even when they go on leveraging, so as they trade, they definitely do change the money to fiat and back to the traditional bank.