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.
There are plenty of countries already that has banned bitcoin and it is not so far from happening that every country will come together against bitcoin. It might be something we should be scared of but after all we still have the decision on what we are going to do with our financial freedom. There are many people who lives in countries where bitcoin was already restricted yet they still manage to find ways on how they can access and earn from it. The government might have the power to stop other people but there will always be some who would find ways no matter what.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.