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>If cryptocurrency-fiat exchanges were banned The ethics of taking this freedom out of the hands of legitimate users aside, wouldn't this would just immediatel
by BoxOfRain 5y ago
>If cryptocurrency-fiat exchanges were banned
The ethics of taking this freedom out of the hands of legitimate users aside, wouldn't this would just immediately lead to a black market for cryptocurrencies the same way countries with currency controls have black markets for foreign currency?
The government can't even keep items as easily identified as drugs out of tightly-controlled environments like prisons, how does it expect to keep cryptocurrency out of the hands of the people? We don't need more restrictions and more bureaucracy, we need our governments to get their arse in gear and use the existing tools they have to tackle scammers and other criminals rather than their usual "remove more freedoms with a knee-jerk 'we're doing something' for the press, then do the square root of sod all to actually address the problem at hand".