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I don't really see the connection. It seems to me that such a move will make decentralized money more valuable and more likely to be used, not less.
by jMyles 8y ago
I don't really see the connection.
It seems to me that such a move will make decentralized money more valuable and more likely to be used, not less.
- Nursie 8y agoMost people don't care about decentralised money. Stop the on/off ramps they currently use for speculation and the vast majority will stop speculating, as they were only in it for the get-rich-quick factor.
- jMyles 8y agoAgain, I don't think that making it illegal to transact in crypto will have the effect of "stop[ping] the on/off ramps" - I think the opposite is far more likely.
- Nursie 8y agoSo you think that if, say, coinbase and others are made to stop accepting deposits, Joe and Jane Retail-Investor are going to seek illegal methods to continue 'investing'? I am think you overestimate people's interest, and underestimate just how much of a get-rich-quick bubble this has been.