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You're right that the political case is easy to make. Governments do already claim the authority to control and regulate these things. The interesting question

by smeej 6y ago

You're right that the political case is easy to make. Governments do already claim the authority to control and regulate these things. The interesting question about Bitcoin is whether it could ever be robust enough that they couldn't successfully regulate or control it, even if they very much wanted to and most people agreed it would be appropriate for them to do so.

einpoklum 6y ago
> The interesting question about Bitcoin is whether it could ever be robust enough that they couldn't successfully regulate or control it, Oh, I doubt that. I mean, if it were banned by most world states, then you wouldn't have reputable exchanges operating legally and openly. So established investment firms and investors would probably stay away from it. And of course, no person or business could officially accept BitCoin, and it would be risky to accept it even unofficially, since it would be admitting to a crime.