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Bitcoin can adjust to almost everything, including new taxes or high energy prices. But a couple of things could make it go to zero: If the government bans i
by Andys 5y ago
Bitcoin can adjust to almost everything, including new taxes or high energy prices. But a couple of things could make it go to zero: If the government bans it (seems likely). Maybe also if the whales who now own most of it, collude to all sell at once for whatever reason.
- ssss11 5y agoI can’t imagine any gov outright banning it, not now, maybe a few years ago but there’s alot of traction now.. even with investment banks etc. What reasons do you think a government/s might ban it this year?
- Andys 5y agoThey can easily use the pretext of excessive energy use, but it would be in line with general authoritarian reasons of control over money.