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If they wanted to squash it they should have done it much earlier (if it was possible at all and wouldn't have just caused Streisand Effect). Now you have cong
by JohnJamesRambo 5y ago
If they wanted to squash it they should have done it much earlier (if it was possible at all and wouldn't have just caused Streisand Effect).
Now you have congressmen with laser eyes on 100k bitcoin twitter profile pics, the head of SEC taught classes about blockchain at MIT; it is way too late.
The smart thing is to embrace it, the complete opposite of the Chinese government course of action. You set back the entire nation by not embracing innovation.
- de_keyboard 5y agoI don't think crypto can be blocked at this point - there will always be a communication channel for sharing blocks. Hell, it could be done via SMS messages if necessary. They can significantly hurt the price but limiting reputable shops from accepting it though.