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It'll still have to be consideration when some country tries to put in draconian restrictions on crypto (i.e. math)
by bko 5y ago
It'll still have to be consideration when some country tries to put in draconian restrictions on crypto (i.e. math)
- unmole 5y agoIs this how you imagine it's going to play out? Behemoth A: We should immediately prohibit our banks from offering services to anyone dealing with Bitcoin. Behemoth B: Hold on just a second. There is this tiny Latin American country that you probably never heard of that uses Bitcoin as legal tender. Behemoth A: You're right, this needs more thought. The last thing we should do is upset a country we do virtually no trade with and has negligible diplomatic clout.
- bko 5y agoSee original reply > It'll still have to be consideration when some country tries to put in draconian restrictions on crypto (i.e. math) The key is the word "consideration"
- fuzzylightbulb 5y agoIf by "consideration" you mean it would have the effect of a flea standing in the way of a steam roller, then sure. No major nation is going to temper it's stance on crypto in any meaningful way because of concern for El Salvador.