Re: High possibility major governments will BAN Bitcoin in the near future
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There is a clear danger that the US, Europe, China, Japan and others will get togheter and flat out ban and even criminalize the usage and holding of Bitcoin. Resulting in after the ban, if you are cought using and holding BTC, you would get a huge fine or jail term.
There is a clear danger that the US, Europe, China, Japan and others will get togheter and flat out ban and even criminalize the usage and holding of Bitcoin. Resulting in after the ban, if you are cought using and holding BTC, you would get a huge fine or jail term.
Oh come on dude. Japan was the first country to legalise the crypto curreny use in their country and also world's leading OTC provider of the crypto's.
I dont think if they saw a future in it then they would go rogue against it anytime soon.
More than 1000 bitcoin ATM's around the USA and Europe present just because it's free to trade, I mean without any restrictions.
Worlds largest Mining farm is in China, Japan and USA so bite me on that if they will close down suddenly. (Billion dollars!)
The price of Bitcoin would get killed completely, you would be looking at Bitcoin below $1000.
How likely do YOU think this scenario is? Although you might say this is only speculation, IT IS A FACT that these countries are working on cryptocurrencies of their own.
How likely do YOU think this scenario is? Although you might say this is only speculation, IT IS A FACT that these countries are working on cryptocurrencies of their own.
This is definitely not happening anytime soon. The prices won't fall because look at the market cap dude. It's huge and took almost decades of time to build it up. It can't go down in blink of an eye.
Moreover it will keep building more and more and soon hitting trillion dollar industry. You killing of the price? Not happening!!