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Western societies should just ban the purchase of cryptocoins by deactivating the fiat onroads - it will provide a necessary boost post-pandemic from reduction
by Factorium 5y ago
Western societies should just ban the purchase of cryptocoins by deactivating the fiat onroads - it will provide a necessary boost post-pandemic from reduction in the ransomware attacks, savings in electricity and chip waste from mining, reallocating tech talents to productive areas of the economy, and making money laundering (including sanction evading) more difficult.
Sure, the coins will keep trading in Belarus or El Salvador or somewhere, but at a fraction of the value, and the overall objective will be achieved.
- bitxbitxbitcoin 5y agoThe coins will keep trading in Western societies, too.
- adminscoffee 5y agoif more companies were more open to talent there probably wouldn't be a huge spike of coders in the crypto space.
- SturgeonsLaw 5y agoJust like how banning drugs stopped people from using or selling them, with no negative externalities whatsoever