knowing nothing about crypto outside its value in climate control, just spitballing but it seems like if the us government can wreck crypto with a bill maybe its not actually that resistant to state interference
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please dont yell at me yes i think its stupid to try to ban stuff and i hope everyone who does is Swallowed by the earth
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concept: taliban-backed cryptohttps://twitter.com/cauchyfriend/status/1424159798287732745 …
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agency problems are good [for Bitcoin] how do you think it got legalized in El Salvador??
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iran-crypto scandal when
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I have been telling this, just send them some crypto punk nfts as "gifts"
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If you learn the difference between
#bitcoin
and “crypto”, this will make more sense to you. -
i will never do this. very lazy. anyway i think its stupid as hell to try to ban it ofc
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Bitcoin usage can be tracked which means that a country could quite easily take steps to quash use of it. Simply punish people for transactions. Though there are privacy coins that fix that problem like Monero (assuming no one can figure a way to track transactions down the line)
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The ability to trace transactions on the public blockchain is why some people get so worked up about the possibility of using BTC to replace cash - it would be as if everyone was using a centralized public debit card - in theory they should even be able to know what you own.
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