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?
what if the government closes or does not allow the exchange of Bitcoin or cryptocurrencies with the official currency in each country?
It was decentralized so that no one can regulate it especially the government. But just in case the government doesn't allow exchanges it can be a problem ans many people will give up on crypto. But as of now, I think it will not going to happen because the government still not going to close it and they can't close it. People can make or think of other ways to convert it into fiat.