I certainly don’t trust national currencies—but the big countries have two things going for them—big military/police forces and a ruthless willingness to use them to preserve their power.
That tells me that crypto-currencies will end in tears—if governments view them as serious competition they will just ban them—using any means necessary fair or foul.
I understand what you are saying. But one country “banning” it isn’t possible. They are not going to shut down the internet. And while the US, for example, might ban it...the rest of the world won’t. It would simply make transactions confirmed off shore.
There is no law that says I cannot barter..
Not directing this at you—but I have to laugh at all the freedom loving, anti deep state people on FR who are willing slaves to the Fed’s debt. I guess when their SS and mil retirements drip from the teat of the Fed they just cuddle up and suckle.