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The government will make Bitcoin the same way illegal as US dollars. Then they can't easily control Bitcoin. Then they will increase prison sentences for owni
by _Codemonkeyism 9y ago
The government will make Bitcoin the same way illegal as US dollars.
Then they can't easily control Bitcoin.
Then they will increase prison sentences for owning Bitcoins and Bitcoin apps.
Then they will not be able to control that.
Then they will monitor the internet for bitcoin transfers.
Then they will outlaw any encryption.
Then they will send out undercover police who try to pay with Bitcoin.
etc.
No government well let anyone take away their privilege to print money.
- SadWebDeveloper 9y agoYou forget to add A and B scenarios to your conclusions.... A) Criminals/Bitcoins-enthusiasts/elites leave the country for the next unregulated paradise. B) Criminals/Bitcoins-enthusiasts/elites overthrown the government due to strict policies regarding free trade. The government can't enforce a laws by itself it needs his citizens to abide by those rules.
- _Codemonkeyism 9y agoThe Venezuelan government killed [1] 163 people who believed in scenario B. [1] https://en.wikipedia.org/wiki/2017_Venezuelan_protests https://en.wikipedia.org/wiki/2017_Venezuelan_protests
- kylell 9y agoThe Venezuelan government days are numbered
- MadSudaca 9y agoVenezuelan citizens are not armed as many in the US.
- SadWebDeveloper 9y agoAmerican Revolutionary War death toll 25,000 people who believed in scenario B
- ataturk 9y agoThe only way this ends now is the people of Venezuela fight a revolution, kill 80-85% of the current government stooges, then rebuild the nation on some kind of sound legal footing while repudiating all debts. Build back up around some form of capitalism. Best of luck.