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The only way you are going to "ban" cryptocurrencies is if you shut down the internet, and even that doesn't really go all the way, so good luck with that...
by carlosdp 5y ago
The only way you are going to "ban" cryptocurrencies is if you shut down the internet, and even that doesn't really go all the way, so good luck with that...
- RodgerTheGreat 5y agoYou can make it illegal for legitimate financial institutions to perform transactions related to cryptocurrency, crippling or outright destroying many of its applications. Sucking all the air out of the room is sufficient to address the negative externalities.
- lancemurdock 5y agothis would indeed be a serious blow to current price of crypto. Many projects would die and tons of liquidity would leave. Liken to a mass extinction event. But like all gov attempts to ban something, there would still be a cohort who believe in the product and keep it alive. And over time, from the ashes, the value would grow again
- xeromal 5y agoJust like POGs. haha
- RodgerTheGreat 5y agoDid you know that disco record sales were up 400% for the year ending 1976? If these trends continue...