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This is a nice thought but that ship has sailed especially with the invention of things like Bitcoin. Capital naturally moves wherever it's best used and there'
by Sargos 6y ago
This is a nice thought but that ship has sailed especially with the invention of things like Bitcoin. Capital naturally moves wherever it's best used and there's no way for a government to really prevent that.
- maerF0x0 6y agoGovernment can use its pseudo-monopoly on violence to deter anything it chooses to.
- Sargos 6y agoI don't think that's true and history has shown it isn't true. The US couldn't stop alcohol consumption during prohibition even using all of its power and a full conditional amendment at its back. The war on drugs has also similarly failed. China has the most power of any country in the world and they cannot stop capital flight or transactions they don't approve of. If the two most powerful countries can't do it then what chance do the rest of them have?