1. They won’t hand it over. Bitcoin and it’s participants are taking it.
2. This is the same question as 1, isn’t it? Again, Bitcoin is people voting with their feet (so to speak) to take power away from governments.
3. Economic sanctions punish the common folk more than the evil governments. Bitcoin simultaneously takes power away from evil governments (see 1 and 2) and gives power to common folk.
4. I think you are alluding to one way governments can try to fight what is happening in 1, 2, and 3. If governments really try and crack down on exchanges, people will simply transact directly in Bitcoin. Those who have accumulated it pre-crackdown will purchase goods and services using Bitcoin, people who did not obtain any pre-crackdown and want it will offer goods and services to those who are offering Bitcoin.
In all honesty, these extreme scenarios are far fetched. Governments all ultimately get their authority from the people. If the people are choosing Bitcoin, the governments won’t fight it for long.
2. This is the same question as 1, isn’t it? Again, Bitcoin is people voting with their feet (so to speak) to take power away from governments.
3. Economic sanctions punish the common folk more than the evil governments. Bitcoin simultaneously takes power away from evil governments (see 1 and 2) and gives power to common folk.
4. I think you are alluding to one way governments can try to fight what is happening in 1, 2, and 3. If governments really try and crack down on exchanges, people will simply transact directly in Bitcoin. Those who have accumulated it pre-crackdown will purchase goods and services using Bitcoin, people who did not obtain any pre-crackdown and want it will offer goods and services to those who are offering Bitcoin.
In all honesty, these extreme scenarios are far fetched. Governments all ultimately get their authority from the people. If the people are choosing Bitcoin, the governments won’t fight it for long.