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Governments could ban crypto sites, crypto trading, and conversion to currency. While this won’t completely kill it, it marginalizes it to such an extent that i
by rdlecler1 9y ago
Governments could ban crypto sites, crypto trading, and conversion to currency. While this won’t completely kill it, it marginalizes it to such an extent that it won’t be an attractive medium for most folks because most people are lazy and don’t want the hassle.
- ethbro 9y agoHell, China could reprice electricity rates for mining. That alone would almost do it.
- conanbatt 9y agoChina can also block exports to the US and bring it down, for that matter.
- runeks 9y agoYour conclusion very much depends on the prevailing rate of inflation for national currencies. The higher the rate, the greater the incentive to move your savings to somewhere safe. In other words, the incentive may not be that great right now (since the inflation rate is relatively low), but this is something that can change.