Bitcoin is a digital currency that circulates freely, without any control or supervision from banks, governments, or anyone else. In contrast, bitcoin relies solely on cryptography and software between computers.
what if the government closes or does not allow the exchange of Bitcoin or cryptocurrencies with the official currency in each country?
it has happened since its inception, why are you panicking now with regulations, just enjoy it as long as your country considers it not a crime that can be jailed, just do it.what if the government closes or does not allow the exchange of Bitcoin or cryptocurrencies with the official currency in each country?
This won't gonna happen since there are some taxes losses involved if ever they implemented that kind of rule all around the world. Those countries who left bitcoins as it is will most likely get the full benefits and the competition will go once again. so, I don't see this thing will ever happen. When it involves money loss, you can't just turn it off like a simple thing because the government needs money to help their people or to help themselves. There's no such thing such real care by our government, it all needs some cash and they can get some by letting those local exchanges do their thing and on the other hand, they will get some taxes.