Many people have been talking about a full government ban towards Bitcoin. Some said that Bitcoin could be banned the same way Gold was banned a couple of years ago. This is to prevent people from using Bitcoin and other cryptocurrencies on top of Fiat. After all, governments want to control people's money. Something that's decentralized and outside the reach of the government, should be banned from the face of the Earth (according to governments' mindset).
What do you think? Will governments (especially the US government) ban Bitcoin like they did with Gold? Or is it too late to do something about it? Will Bitcoin survive if all governments unanimously agree to ban its usage worldwide? Your input will be greatly appreciated. Thank you very much.
Bitcoin is virtual coin. This is so much potential coin in the present time. For this reason day by day its popularity going to increase. Because of its decentralization, no government can control its. No one can trace it transaction history. For this reason money laundering happening in all over the world. So many criminal use bitcoin for making crime. By thinking all of this government can ban bitcoin. But i think, Not all governments in the world can ban bitcoin together. Because the opinions and thoughts of people are different. Not everyones opinion will fit perfectly in a time. But somehow all the government will ban bitcoin together then Bitcoin's survival will be difficult.What do you think? Will governments (especially the US government) ban Bitcoin like they did with Gold? Or is it too late to do something about it? Will Bitcoin survive if all governments unanimously agree to ban its usage worldwide? Your input will be greatly appreciated. Thank you very much.