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?
How exactly are they going to hijack it and which government exactly? And moreover you have to understand that bitcoin becoming a ‘number one currency’ as you have said here doesn’t make it a real currency , it is still an asset that will mainly be used for investment, no country owns it, because it is decentralized.
Moreover, by being decentralized that means that no government has the power to hijack it, and I am saying this because I can’t think of any possible means that they are going to be doing such a thing. The only thing I know that the government will be able to do is to place a ban on bitcoin which doesn’t limit people from still sending and receiving the cryptocurrency.