The Capital
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The Capital

Could Governments Ban Bitcoin and Cryptocurrencies? Yes and No

Allow me to explain.

Governments could declare Bitcoin and crypto to be illegal, but that wouldn't mean they could enforce it. That’s the case with other things, not just cryptocurrency. So, there is a distinction between declaration and enforcement. We all know that just because something is declared illegal, that doesn’t mean it can be enforced. If you really thought otherwise, you would have to think governments are all-powerful.

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Jonathan Garner

Jonathan Garner

Finance/Investing/Economics blogger. I’m also a Philosophy of Religion blogger:https://jonathandavidgarner.wordpress.com/