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.
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.
In theory everything in our world may happen. And in history and nowadays we can find proofs to that. Sometimes very unexpected things happen. Of course the influence on lots of processes governments of different countries and united organisations have, despite we all would not like it to be so. But in my opinion in case they had such a strong desire to ban crypto worldwide, they would have done it already. In most cases the question with crypto even is profitable sometimes for someone's PR, sometimes for other things.