Quote from: mbakruroh on September 11, 2021, 09:47:35 PM

Quote from: Teratai93 on August 24, 2021, 05:30:28 AM

what if the government closes or does not allow the exchange of Bitcoin or cryptocurrencies with the official currency in each country? Huh

If that happens, then all cryptocurrencies die too, not just Bitcoin. If Bitcoin is banned, but other cryptos get permission, then we can exchange Bitcoins for other cryptos, then exchange them to Fiat. But can the government do it? I sure don't. Because the existence of crypto is now a necessity, and a solution in the midst of difficult transactions at the international level. The existence of crypto is not to fight fiat.

I agree with you that crypto and especially Bitcoin is integral part of modern economy, so it is not likely to be completely banned. Many countries and companies use and support it. But,of course, if we were not capable of exchanging Bitcoins and other crypto to fiat it would be the end for the whole crypto world. Only if crypto doesn't replace fiat money sooner of course Grin