4 ms·
This is not true. Whether you believe it or not, there are several reasons the government could use to ban bitcoin and say they are protecting the customer. -I
by frankbreetz 6y ago
This is not true. Whether you believe it or not, there are several reasons the government could use to ban bitcoin and say they are protecting the customer.
-It's a speculative bubble, that will cause a transfer of wealth from the poor to rich(I.E. Hedge funds will find a way to front run)
- It uses a ton of energy, with the climate accords they could get many countries to ban it at once. Why should a few bitcoin holders be allowed to destroy the plant.
Whether these arguments hold water or not( I think they both do) They both at least make sense and the majority of people can understand them.
- kkwteh 6y agoIt’s not clear to me how the public would receive these kinds of arguments. The public has little trust in government. I think they would be too skeptical to take these arguments at face value. A ban attempt would come with considerable risk it seems to me.