Many people believe that the government will shut down Bitcoin, but the chances of the government being able to ban it are low.
There is a good reason why many people believe that the US government will ban Bitcoin.
Bitcoin poses a serious challenge to the government's ability to print money out of thin air and mandate its usage, which is a significant source of power.
This is so that Bitcoin may eliminate the need for central banks and their confetti currencies by granting monetary sovereignty to the person.
That's a major achievement.
It is a historical moment that fundamentally modifies the existing order between the rulers and the ruled. It's comparable to the development of the Internet, printing press, and gunpowder.
It goes without saying that the US government would wish to defend its business against a monetary rival who was intruding on its territory, much like the mafia does when a rival enters its territory.
Whether they will succeed is the $64...