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> governments are going to act forcefully to kill Bitcoin, and the fallout will be utterly unpredictable. I don't think so. I think it's quite predictable that
by jasonwocky 13y ago
> governments are going to act forcefully to kill Bitcoin, and the fallout will be utterly unpredictable.
I don't think so. I think it's quite predictable that, if that happens, Bitcoin will lose. In the sense that it will ultimately become a cryptocurrency also-ran. Something else will probably rise to take its place after it's been bloodied, something designed to be resistant to whatever response the world's governments bring to bear.
- SwellJoe 13y agoIn the same way that peer-to-peer file sharing lost?
- jasonwocky 13y agoIn the same way that Napster lost. Imagine if you'd invested in that one after the mainstream noticed it.