Post
Topic
Board Bitcoin Discussion
Re: The power of digital money
by
tygeade
on 25/05/2023, 13:46:23 UTC
Bitcoin is an assets that we shouldn't lose or allow to dies off, if you check history of all money weather digital or paper bitcoin circulate faster in values and distributions. As highly respected as dollars not all countries have it but bitcoin is 14 years now, the world is aware of it. Do you think bitcoin will stay if government totally remove their hands or stand against it?

What did you mean about paper Bitcoin?

Will Bitcoin stay if the government completely ban Bitcoin? it depends on how you define what stay is.

Bitcoin is decentralized, even the government completely ban it, the citizens can still buy, trade or hold Bitcoin using DEX. But they need to consider to protect their privacy because the government can easily track their citizens who use Bitcoin and they might go to jail since they broke the country's laws.
Maybe he means paper money or fiat as there is no such thing as paper bitcoin. There are some fan made physical bitcoin but they are like a coin. There is also a thing called paper wallet. Bitcoin does remain even if there is a ban because it is decentralized. Even if this planet earth explodes, bitcoin will still be safe and sound because it has a different habitat.

Yes, it is possible to bypass the restrictions made by our government but I think I am not brave enough to cross those lines. If it's possible for me to live and survive before the bitcoin came, I can be able to do that again without the help of it. If we are good citizen we must learn to obey rules.