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Oh please, in principle you could easily regulate Bitcoin like Heroin, meaning make it illegal to buy/sell, manufacture (mine) etc... While Bitcoin would not di
by Atropos 11y ago
Oh please, in principle you could easily regulate Bitcoin like Heroin, meaning make it illegal to buy/sell, manufacture (mine) etc... While Bitcoin would not disappear, it would become even less mainstream than now. Hopefully this is not possible under constitutional law!
- explorer666 11y agoYou mean it would make its price go up, just like with any illegal drug?
- Atropos 11y agoBitcoin's usage would go down, legitimate businesses would disappear. Legislation like this is not likely to happen, but this techno-hubris "Governments can't touch us, because we use smart technologies!" is quite ridiculous.
- moonchrome 11y agoNo, the cost would certainly go up, the price would go to shit because it has no intrinsic value to anyone unlike heroin addicts who need their fix.