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RE: The Wealth Distribution of Bitcoin Will Most Likely Follow the Distribution of the Real World

in #bitcoin7 years ago

So what if at any time all countries in the world declare bitcoin as an illegal currency for any country? Are they going to go free and become something they never thought of before?

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Its near impossible to actually make transacting in bitcoin illegal, just the nature of how it works, but it would probably hurt legal investment from that country.

That would never happen. How much agreement do you see in "all countries" in anything? Bitcoin will become even more profitable for a country to incentivise it the more it's made illegal. It won't and cant be done.