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There's another risk, actually: government legislation/intervention.
by sorbus 15y ago
There's another risk, actually: government legislation/intervention.
- j123 15y agoThis insight, I think, is key. Imagine the power conferred by controlling a nation's currency. People don't just let that sort of power go. The first 1000-fold increase in value has pushed Bitcoin into the spotlight. The next 1000-fold increase will be far more noticed and hence far likelier to attract some counteractions by governments.