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All restrictions and regulations of bitcoin will result in distributed trustless solutions. We aren't that far from distributed, non-custodial, trustless crypt
by rothbardrand 9y ago
All restrictions and regulations of bitcoin will result in distributed trustless solutions. We aren't that far from distributed, non-custodial, trustless crypto-crypto exchanges, and crypto-fiat are not that far behind.
More regulations will push the innovation outside whatever country passes the regulations.
Since bitcoin can be used in any crime that could also use cash, the idea that it can be used in crime doesn't justify these regulations-- unless you ban cash effectively the same way.