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Obvious strawman. Nobody wants to ban computers doing calculations. Just ban the exchanges: Revoke licenses for domestic exchanges, and remove foreign exchan
by axiosgunnar 5y ago
Obvious strawman.
Nobody wants to ban computers doing calculations.
Just ban the exchanges:
Revoke licenses for domestic exchanges, and remove foreign exchanges from the SWIFT network.
The government regulates far bigger things on a daily basis.
You will still be able to „do mathematics“ after the ban, so all is well, since it's totally not about speculating, right? ;-)
- kjaftaedi 5y agoI'll be honest, I did not consider this method. I do agree with you that it would be effective.. but likely only for a year or two. I mean even before cryptocurrency there was E-Gold. Shutting down E-Gold just shifted the problem rather than solving it. Attacking bitcoin specifically as an environmental problem is a valid thought, but there are lots of cryptocurrencies that require no energy so the original problem still persists. Life finds a way.