Post
Topic
Board Economics
Re: Can the government hijack Bitcoin?
by
bitgolden
on 15/04/2021, 17:17:48 UTC
Bitcoin is known as to be the biggest cryptocurrency. in some countries it can be used to purchase goods and services and some see cryptocurrency as a threat.

if Bitcoin comes to be number one currency in the world today, can it  be hijack by the government?
Technically governments cannot do anything about bitcoins as long as inter stays decentralized. But, governments may impose all kind of regulations on all types of crypto related entities. But, when people get into P2P level of transactions alone then government restrictions will become void. So, there are less possibilities for governments to hijack bitcoins in any means.