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>Therefore, I would propose to shut them all down. OK the author clearly has no idea how a blockchain and a set of validators work I would gladly hear his pla
by maxencecornet 7y ago
>Therefore, I would propose to shut them all down.
OK the author clearly has no idea how a blockchain and a set of validators work
I would gladly hear his plan to "shut them all down"
- louwrentius 7y agoI know it's not possible to enforce it. It's a sentiment.
- throwaway1922 7y agoGo after the endpoints: the exchanges. The outlaws won't care, but cryptocurrencies can't go to the moon on the backs of outlaws alone.
- louwrentius 7y agoI think that is happening, I hope the agencies are spending enough effort on that.
- UweSchmidt 7y agoI wouldn't be so confident. Making things illegal works pretty well in discouraging usage, and shutting down the "exchanges" like coinbase would tank the value for crypto, as most normies would no longer transfer surplus cash into bitcoins. Of course no one can take those long numbers from those cold wallets.
- maxencecornet 7y ago>and shutting down the "exchanges" like coinbase would tank the value for crypto Sure it would, but you can't close decentralized on-chain exchanges like uniswap or Kyber I'm pretty sure there will always be a fiat<->crypto bridge, you can't "shut them all down" IMO
- UweSchmidt 7y agoAs I said, your long random numbers on your special devices are yours forever and you can decrypt more SHA-1 if you like. There would be a lot less of that going on.