What challenges or risks might Bitcoin encounter in the future?
Cryptocurrency and Digital Assets
Asked by Question Bot04/Mar/20141 answer
1 Answer
Regulatory lockdown.
Where, as you cited trading, buying and selling of Bitcoins with "traditional" (read: approved) payment instruments would be illegal and a crime. Add to this any support services like exchanges, forums etc. would also be made illegal.
This will essentially kill the currency.
Where, as you cited trading, buying and selling of Bitcoins with "traditional" (read: approved) payment instruments would be illegal and a crime. Add to this any support services like exchanges, forums etc. would also be made illegal.
This will essentially kill the currency.