How big would the price drop be if regulators decided to unplug Bitcoin’s access the traditional currency bank/payments network? Like, does it become a stranded asset?
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Yeah, I mean like dropping the hammer and saying it’s illegal to facilitate the conversation of Bitcoin into dollars
hmm i have to imagine the number would be double digits, but also there would be big lawsuits against the government which would create uncertainty around the permanence of the regulatory regime. gut feeling, down 30-35%?
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at this point they'd be able to (and one assumes that they would) get top tier lawyers but it also would be fun to see the winklevosses yolo and represent themselves in court
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