3 ms·
You don't have to control what software is permitted to run: you can just ban changing USD to Bitcoin and vice versa. Stop the exchanges. Most people aren't min
by yoavm 5y ago
You don't have to control what software is permitted to run: you can just ban changing USD to Bitcoin and vice versa. Stop the exchanges. Most people aren't mining their own coins anyway.
- rfd4sgmk8u 5y agoYou can ban a lot of things in life. Theft. Drugs. Crime in general. You may not understand how the OTC market works in jurisdictions like China that do indeed ban cryptocurrency exchanges and prevent fiat<->cryptocurrency exchanges. A fist full of RMB can be swapped for USDT, which can be swapped for BTC from OTC brokers. What you are proposing can only be stopped by breaking computers, breaking arms/legs and breaking economies. Violence is never the solution to problems.
- yoavm 5y agoI never suggested that it will completely erase cryptocurrencies. I do think that it will help making it less popular, which would be great. I sure think that while making theft illegal didn't stop it, it reduced the number of theft cases.