Blockchain Bites: The US vs. Bitcoin?

in bitcoin •  4 years ago 

As Bitcoin goes parabolic and proponents like Michael Saylor, CEO of MicroStrategy, earn their ears for the dollar as a "melting ice cube," it is feared that the US government could ban cryptocurrency completely.

Bitcoin has a market cap of $ 647.2 billion and most of the infrastructure is built in the US. Multi-billion dollar companies like Coinbase are preparing to go public, and INX is already selling shares on the Ethereum blockchain.

It is for these reasons that industry observers such as Wall Street Journal MoneyBeat reporter Paul Vigna believe "the ship has sailed" due to a total ban, as he said yesterday afternoon on a new CoinDesk TV show All About Bitcoin.

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