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Forward your adoption time frames by 100 years. Maybe even less. There are no longer "entry" and "exit" points because everyone uses it and accepts it. Crypto
by doggosphere 6y ago
Forward your adoption time frames by 100 years. Maybe even less.
There are no longer "entry" and "exit" points because everyone uses it and accepts it. Crypto is a good as cash. Anything you can do with a suitcase full of illicit hundred dollar bills today, you can do with your phone tomorrow.
- jononor 6y agoIn a future where cryptocurrencies are the new normal, probably only crypto that allows governments insight and seizure will be legal. All others will be illegal, and moving in and out to legal currencies will be the exit and entry points.
- doggosphere 6y agoIt's probable and possible, obviously governments will want to control cryptoassets. But this point has been discussed before. The trade of "illegal" assets goes on and will continue to go on to the end of time, whether that's marijuana or prostitution services. The spectrum of legality will vary in different parts of the world. Like many contrabands, there won't be enough resources to enforce prohibition of it, the population may not see the point of its illegality (as there is not an obvious social cost), and eventually the tides turn.