4 ms·

Regulations prohibiting possession or trade, for example. If you think this is very unlikely to happen, it's worth remembering that this has happened with gold

by lxgr 1y ago

Regulations prohibiting possession or trade, for example. If you think this is very unlikely to happen, it's worth remembering that this has happened with gold in the past, in the US.

toenail 1y ago
We've already seen what happens when there are legal hurdles, activities move to other countries, or people find legal loopholes. This has already happened a few times, and bitcoin is doing just fine.
- lxgr 1y ago
  Sure, but does that matter if you have to sell to the government, possibly at a rate lower than what you bought it for?
  - toenail 1y ago
    Doesn't matter to me as I'd just leave the country.