3 ms·
The other choke point is conversion to and from USD. With a law, BTC loses any corporate 'investment' (eg, Tesla), and coinbase stops converting to/from USD, ma
by sdenton4 5y ago
The other choke point is conversion to and from USD. With a law, BTC loses any corporate 'investment' (eg, Tesla), and coinbase stops converting to/from USD, making it much more of a pain to work with.
- hocuspocus 5y agoI deleted my comment that was essentially saying the same. For once, USD's extra-territorial jurisdiction could definitely be put to good use. I don't understand why big political parties haven't thought of that. It's an easy win, and it would bother an insignificant portion of their voter base.
- aeternum 5y agoThis would be like playing whack-a-mole. Other PoW cryptocurrencies are out there and it does not make sense to just shut down the mining hardware. Miners will just mine something else. The only answer that works is a carbon tax.