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I'm wondering, what if government bans using of Bitcoin (or such a digital currency in general)? Not that it will try to block it just that it will be illegal t
by bgaluszka 14y ago
I'm wondering, what if government bans using of Bitcoin (or such a digital currency in general)? Not that it will try to block it just that it will be illegal to use it (i.e. for companies to receive Bitcoins). Will it still be used and/or useful?
- jrockway 14y agoThe government banned sharing copyrighted materials and everyone stopped sharing movies, right? (It was similar to the experience they had with banning drugs. Now nobody uses drugs, I hear.)
- bgaluszka 14y agoYeah, that is what I was thinking about. And if that would happen to Bitcoin it wouldn't be interesting that much, right?
- iwwr 14y agoYou can make bitcoin a legitimate payment mechanism. Despite the advertised anonymity it's fairly easy to track down a particular identity from the web of transactions. If people moved on mass into bitcoin it would make their financial history pretty impossible to hide.
- bgaluszka 14y agoI hope that would be the case :)