do you really think that Bitcoin won't be banned by major countries when it's close to replacing national currencies/Euro?
do you really think central banks would just accept losing control of their currencies to BTC?
>>1919463
Banning it will increase the value of Bitcoin.
>>1919467
you are severely stupid
How do you ban Bitcoin? Is it technically possible even?
I think there will be a new government run altcoin in the future where new coins will be created by the central banks. There is no way the creation of money will be given to private persons.
>>1919467
assuming your purchases aren't monitored and blocked, that would be correct. That's not a safe assumption even now.
>>1919469
>Is it technically possible even?
Make all purchases in digital currency.
Monitor all electronic transfers of your digital currency.
Block all transactions for or from bitcoin.
Imprison people that attempt transactions in bitcoin.
>>1919471
How does government interference with liquidity raise the Bitcoin price? do explain?
>when it's close to replacing national currencies/Euro
This won't happen, so don't worry about it.
>>1919469
Make it illegal for a business to accept bitcoin. Make the sale, possession, and operation of ASIC miners illegal. That's just for starters.
>>1919473
>Imprison people that attempt transactions in bitcoin
This part won't happen. This is how you outrage the masses and the effects won't be pretty. They will try to shut it down in more subtle ways.
>>1919474
>How does government interference with liquidity raise the Bitcoin price?
It doesn't.
I'm saying banning it won't raise prices, it will drive it out of existence.
>>1919477
>the masses
the masses aren't aware of bitcoin, it's not even a blip on the public radar. You'll outrage criminals and 4chan users, neither of which matters.
>>1919480
The masses are aware of bitcoin, they just don't care.
>>1919481
true enough
>>1919463
bc will be 51% attked in 2 days
reminder that both fiat and BTC have the same fundamental value of 0$
the only difference is that fiat is backed by a country and BTC has a risk of being banned
>>1919463
>banning it
They will just co-opt it, it's a perfect enslavement system.
>>1919496
>Worthless poor frog poster
>Knowing jack from shit
Pick one and only one.
>>1919511
you are the retard, even if he's a frogposter, he is right
>>1919463
Yes, it's the age of Aquarius. Every system that is not needed will die off.
>>1919496
btc is backed by a lot of computery stuff tho fampai
>>1919463
If politicians risk losing votes for banning Bitcoin they won't ban it.
>>1919463
There already is one country where Bitcoin is banned
>Russia
You can analyze the effects there if you want
>>1919467
>Banning it will increase the value of monero
FTFY
>>1919953
it isn't banned there at all
>>1919469
>There is no way the creation of money will be given to private persons
Why not? This could easily become a reality with debt based cryptocurrency.
>>1919917
>implying retarded NEETs vote
After Bitcoin is blamed for the stock market crash you can bet your ass they will sacrifice every last Bitcoin holder by saying "this is what happens when the internet is not regulated".
COUNT ON IT.
I can't believe you /biz/ sages can't see it.