they can try, they already have in india and nigeria a few months back, but you can easily get a VPN and continue using, trading and transactin crypto. they'll use the "plight of the common folk" to try to get it out of the ecosystem but in reality the Federal Reserve just doesnt want any competition. bitcoin and crypto are amazing, but if im being honest we cant be naive enough to believe that people will be allowed to have private unregulated monetary options to what the global cabal wants us to have. however i did see an article a few weeks back that showed Soros even beginning to back it, so they may have finally realized the cat is out of the bag and they need to deal with it. another possibility for getting it out of the way is a 51% attack on the bitcoin ledger, meaning 51% of the bitcoin miners simultaneously do a double spending attack and make the network no longer trustable/null and void. and guess where 51+% of all the bitcoin miners are? CH-CHUH-CHYNA! not to mention last week China declared "war" on bitcoin. so yes it is possible and given the way things go may happen, however that does not take out the rest of the crypto currencies, or the ability to create another one.
If anyone of any consequence loses a bucket load of cash, I expect a lot of proposed legislation.
This has all already happened
they can try, they already have in india and nigeria a few months back, but you can easily get a VPN and continue using, trading and transactin crypto. they'll use the "plight of the common folk" to try to get it out of the ecosystem but in reality the Federal Reserve just doesnt want any competition. bitcoin and crypto are amazing, but if im being honest we cant be naive enough to believe that people will be allowed to have private unregulated monetary options to what the global cabal wants us to have. however i did see an article a few weeks back that showed Soros even beginning to back it, so they may have finally realized the cat is out of the bag and they need to deal with it. another possibility for getting it out of the way is a 51% attack on the bitcoin ledger, meaning 51% of the bitcoin miners simultaneously do a double spending attack and make the network no longer trustable/null and void. and guess where 51+% of all the bitcoin miners are? CH-CHUH-CHYNA! not to mention last week China declared "war" on bitcoin. so yes it is possible and given the way things go may happen, however that does not take out the rest of the crypto currencies, or the ability to create another one.
This.