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US government declares it an illegal currency, and if you accept bitcoins at your business you will be investigated. Game over.
by cadetzero 13y ago
US government declares it an illegal currency, and if you accept bitcoins at your business you will be investigated. Game over.
- tomsthumb 13y agoSome numbers are illegal, but that's because they have particular uses (Crypto etc). How in the world would the US be able to declare possession and exchange of data illegal?
- omni 13y agoChild pornography stored on a computer is data. The possession and exchange of child pornography is illegal.
- MacsHeadroom 13y agoThey would have to define it to ban it. Bitcoin would just evolve to no longer fit the ban. There are already dozens of other cryptocurrencies brooding- just waiting for a scenario where Bitcoin is pushed out to make more room for them. A ban on bitcoin will work about as well as a ban on piracy.
- specto 13y agoNot really, since the success of bitcoin still relies on conversion to another currency.
- knowaveragejoe 13y agoAdditionally, the same applies to those other digital currencies as well.