Quote from: Bitcoinislife09 on December 26, 2019, 06:56:20 PM

Quote from: axismoto1 on December 10, 2019, 03:15:12 AM

Recently Brett Sherman was nominated to chair of Investor Protection, Entrepreneurship and Capital Markets. He will surely have the power to influence bills that can get introduced into Congress. He has been incredibly anti-bitcoin and will surely try to pass bills that will stifle the growth of the industry. Also recently BIS head has been advocating Central Banks begin to use digital currencies for themselves. This will surely play out as a way to out-compete crypto.

https://www.bloomberg.com/news/articles/2019-12-05/bis-wants-central-banks-at-center-of-digital-cash-revolution

Discussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things?

In my opinion bitcoin cannot be banned since nothing owns it the government from a country could easily restrict the people from using it but surely they cannot do cannot about it or bitcoin because it is already in the internet. They cannot delete bitcoin and bitcoin already have a lot of assets already.

Yes, even after hard restrictions people continue to using it through different pathways. This way it is all about the users mind and the need. Right now the usage keeps growing in number than decline. Each and everything is interconnected and without internet connectivity nothing is possible. This makes bitcoin to be used with the growth of technology.