Post
Topic
Board Bitcoin Discussion
Re: The use of Bitcoin as a local currency!
by
californiaquail
on 23/08/2021, 20:06:42 UTC
Everyone on the forum knows what Bitcoin is. We already know that many countries have removed this currency from the ban. I mean, will all the nations of the world use Bitcoin as a currency?How important will it be? It will not go to the good side to the bad side?I want to know the opinion-

Well, no government can "ban" the use Bitcoin. So that never happened.

It's like saying, "hey look we banned decentralized P2P file sharing".  It's not technically feasible, nor is it enforceable.
The most a government can do in that regard, is to scare people by shutting down mining operations and delicense exchanges operating on its soil (just like they shut down Kazaa, eMule or other centralised P2P services & servers, before BitTorrent came along with full decentralization ).

Worst case scenario, a government could ban the possession of Bitcoin, and that would suck.

"When Owning Gold Was Illegal in America: And Why It Could Be Again"
https://www.huffpost.com/entry/when-owning-gold-was-ille_b_10708196