You are viewing a single comment's thread from:
RE: February 6th is shaping up to be an important day for Cryptocurrencies
Yes good points. Though I imagine if they really wanted to outlaw/ban them, they could probably do it pretty effectively by just killing off the exchanges and fining anyone found to be holding them. That wouldn't make cryptos go away, but it certainly would take a big chunk out of that current $600 billion market cap.
For some time. But it would turn the development towards more secure cryptography so that it would be even harder to tell who owns cryptos. And eventually the whole system would go underground and only the criminals would be using them. And there would always be some people who are really smart spending their time developing it further because of the challenge. It would in a way point the direction of development, in the wrong direction, however, making it clear where to go.