Quote from: Wakate on June 02, 2024, 07:19:31 PM

Quote from: legiteum on June 02, 2024, 04:04:24 AM

Quote from: Essential10 on June 02, 2024, 03:18:25 AM

Yes I agree with you, the government of any country can try to ban or heavily regulate the use of Bitcoin within its borders. However, major countries are trying to completely eliminate the use of Bitcoin but making it extremely difficult for governments. In countries where bitcoin is currently used, it continues to be used through mechanisms such as peer-to-peer exchanges despite government restrictions. Anyone can access and use Bitcoin from anywhere in the world. This makes it challenging for any single government to stop using Bitcoin.

There are no "major countries" trying to ban Bitcoin or otherwise, "completely eliminate the use of Bitcoin". That's nonsense.

Bitcoin is legal to hold and trade in almost every country in the world.

Spreading this disinformation drives the price of Bitcoin downward. Please stop.

The government has the full power to stop Bitcoin and it may not exist again if the world government comes together to ban Bitcoin and eradicate all that it is all about, they would do it but this will be very difficult because not all country will agree with that and it could bring a state to contention. We don't pray that this will happen because even the United States have accepted Bitcoin and it shows that things are going to go smoothly and the adoption is going to continue as more people get to know about Bitcoin. It is better we starts buying before the full adoption will take place that will increase the numbers of holders to skyrocket.

That not true as you say it, you see bitcoin is run by an open source meaning developers from different parts of the world take care if bitcoin and as long as nodes are still functioning in the network then everything woudl continue to work fine except the government finds a way to stop that and nodes are run by individuals, but sure restrictions can affect the price of bitcoin drastically since it becomes hard for new investors to come in and efts would have no choice than to remove bitcoin too, so the government can actually attck bitcoin but not end it.