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You could ban companies from interacting with crypto currencies, which would kill off the entire ecosystem, and make them unusable for the majority of people an
by this_user 6y ago
You could ban companies from interacting with crypto currencies, which would kill off the entire ecosystem, and make them unusable for the majority of people and purposes.
- CyberRabbi 6y agoI addressed this in my OP. It would kill off the legal ecosystem that earn them tax revenue but would have little effect on the illegal ecosystem they intend to stop.
- RobertoG 6y agois people using bitcoin for legal purchases in any significant way?
- CyberRabbi 6y agoAll the crypto traders using legit tax-conforming platforms like coinbase, likely hundreds of thousands of people.
- RobertoG 6y agoI mean, for buying stuff. And by stuff, I don't mean other cryptocurrencies.
- CyberRabbi 6y agoWhy does buying stuff matter? Relatively very few if any buy stuff with gold.
- PartiallyTyped 6y agoWhat stops somebody from interacting with a foreign company that exchanges crypto and $LOCAL currency? Sure, the entire ecosystem would take a hit, but also note that many US companies have actually bought Crypto, people recently bought crypto on margin, and, those who still own crypto, can exchange it outside $COUNTRY, and convert currencies.