Pretty much all the big countries (Russia, China, India) are banning or putting a soft ban on bitcoin. Can't see how bitcoin can gain significant market base in the future.
Understandable. They had us in the yoke. Inflation tax. Interest ridden debt money. And now the promise of total control through the "Cashless Society". More power than even Stalin could dream of in his wettest dreams.
Before Bitcoin came along, I was certain that we are headed for perpetual totalitarianism and tyranny. Bruce Schneier has it partly right. The business model of the Internet is not only surveillance, it is also control. Now that Bitcoin arrived we are presented with a choice:
- Do you want to grant the government a veto right on each of your transactions?
- Do you wish to vastly extend the governments practical ability to tax you through complete transparency of ALL your financials
- Do you want to grant the government the power to exterminate anyone at any time by simply ceasing to cooperate with that individual?
O Yes (use govt controlled e-money)
O No (use decentralized money)
This should answer your question: Bitcoin will gain market share if people vote NO.