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.."Satoshi Nakamoto", its mysterious inventor, may have democratised finance – much as open internet protocols have democratised communication. But what about

.."Satoshi Nakamoto", its mysterious inventor, may have democratised finance – much as open internet protocols have democratised communication. But what about "turning off" the world wide web so to speak? I'm sure if governments really believe bitcoin is a threat to their currency, they will do whatever it takes to essentially shut it down. If it cannot be digitally traded on the internet, then that value of bitcoin is lost.

kordless 13y ago
> they will do whatever it takes to essentially shut it down Good luck on that.
- 1qaz2wsx3edc 13y ago
  The rise of the darknets will be funded in blood & bitcoins. Someone should write a novel on this, it's juicy!
  - dllthomas 13y ago
    Strong parallels to Cryptonomicon.
    - arethuza 13y ago
      Wasn't the crypto currency in Cryptonomicon going to be backed by gold?
      - dllthomas 13y ago
        Yes. Parallels, certainly not identity.
  - arkem 13y ago
    It's a minor theme in Halting State by Charles Stross
  - GFK_of_xmaspast 13y ago
    Someone has. http://www.amazon.com/King-Bitcoin-Kayleen-Knight-ebook/dp/B00FI83AWY http://www.amazon.com/King-Bitcoin-Kayleen-Knight-ebook/dp/B...
- prestadige 13y ago
  >Good luck on that Yes, partly because there are too many countries and partly because each time the government of one country tries to shut it down, and fails, it makes bitcoin look stronger and more viable to the others.
Sammi 13y ago
Banning and blocking Bitcoin is exactly as easy as banning and blocking Bittorrent. And god knows they tried to do that.