4 ms·
The world's black market is huge. The world is bigger than just U.S. If Bitcoin is banned from U.S., it won't be stopped anyway. Like war on drugs, war on Bitco
by oleganza 13y ago
The world's black market is huge. The world is bigger than just U.S. If Bitcoin is banned from U.S., it won't be stopped anyway. Like war on drugs, war on Bitcoin will only raise its price.
At the same time, every person even in the government or banking sector, would love to keep his earnings and bribes in a secure highly-liquid asset Bitcoin is.
The war on Bitcoin won't be about forbidding usage, but about seizing bitcoins from mortals to rulers. And eventually it will displace fiat currencies and take out a lot of artificial power that is created via money printing. Then this war will be over and people can back to daily peaceful life and work. (Yes, wars will become completely unsustainable due to lack of debt-based funding.)