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RE: The World of Cryptocurrency - Bitcoin's Last Stand

in #bitcoin7 years ago

Government policies can trigger off panic resulting in their criminalising bitcoin exchanges across the world. Users out of fear might begin to loose confidence in their ability to exchange their money and in their personal safety. This of course can be made possible through a UN declaration. Remember without the users there can be no bitcoin. However, this just a wild possibility like you have mentioned. Thanks for sharing the other side of realities.

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Yup I agree with you, fear of using bitcoin will cover the entire cryptonians. Others who are brave enough will make ways to transact BTC - black market will rise. They will surely utilize the advancement of technology. But that time BTC prize will surely crash since BTC price is dependent on its users and investors.