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A scenario where the government makes crypto currencies completely impossible is unlikely, as that would mean that you essentially controlled all communication.
by omarforgotpwd 9y ago
A scenario where the government makes crypto currencies completely impossible is unlikely, as that would mean that you essentially controlled all communication. There are many ways they can make it difficult, cumbersome and risky however, even on an individual basis. That could lead to a short term dampening effect on the global price until people figure out effective ways to get around the regulation in question.
- notyourday 9y agoNo, the scenario is that the governments tell banks: "Deal with BTC and lose your license. Kay, bye!"
- CloudYeller 9y agoYep. It would be like what happened after they made online poker illegal: anyone sufficiently committed will either have to cut their losses or leave the country.