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The scenario with people cashing out because of regulation also assumes that most bitcoin users live under a single regulatory area, which is untrue. Banning bi
by nawitus 13y ago
The scenario with people cashing out because of regulation also assumes that most bitcoin users live under a single regulatory area, which is untrue. Banning bitcoin in the United States, for example, might decrease it's value, but not destroy it, as there's the rest of the world.
- praptak 13y agoNot to disagree about the main point but US could do more to harm Bitcoin than just banning it internally, especially given that China seems already hostile to Bitcoin.