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Yes, and this is not fundamentally different from companies that run servers in jurisdictions outside of the US's control. I would agree - bitcoin will likely
by horsawlarway 4y ago
Yes, and this is not fundamentally different from companies that run servers in jurisdictions outside of the US's control.
I would agree - bitcoin will likely continue even if sanctioned by the US, but I'd not be willing to bet all that much on it.
If there is no on-ramp for new US dollars... I don't see it faring well. The market will likely collapse back to the only genuine use case: dark market exchanges.