User Power
Value/Post Ratio
455%
- May 1, 2011
- 7,642
- 34,776
Yes, the more I like it and see it as an awesome disrupter and equalizer to the assholes in charge of monetary banking, the more I wonder until it all is made illegal, equivalent to the possession of child p0rn. It won't matter if you have $10M in bitcoin on your Nano Ledger when you're doing life in Leavenworth with no parole.
In other words, I'm starting to like crypto so much because of its decentralization nature and distributive ownership that it feels like the probabilities for banishment continue to rise.
I hope not, but anything that threatens power ultimately is marginalized or worse, criminalized.
The more I learn of the benefits and the threats it poses to powerful institutions, the more it seems likely.
The technology is too powerful. Countries that ban it will simply sentence themselves to being irrelevant globally while others use it for rapid growth. Sort of like the separation of state and church, in the future we'll eventually have the separation of state and money. It's inevitable, though it doesn't mean it will come in the next few years.
Also, you can't really ban it and your crypto is not stored on your Ledger
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