I'm calling you the pot simply because you smugly called someone else smug. That didn't have anything to with whose side you're on, or whatever.
This is the warning shot. They are coming. Prepare.
This is just some incompetent corruptocrats. This is not the warning shot. This is not the crackdown.
But yeah, I fully expect the US government will, more likely than not, try to shut down Bitcoin. I think most people who are not naive teenagers do.[1]
One complication is that the US government only truly controls one country, and there are 200+ countries around the world. Bitcoin is useful, and the cat's already out of the bag.
To be clear, I'm not naively saying that it's going to be a successful currency in the long run; we just don't know.
[1] I expect it to be a legally drawn-out process that does not criminalize bitcoin overnight and may not even fully succeed. Also, it's worth noting that the Feds have been insanely pro-Bitcoin so far. Rather than making it illegal overnight, all they've done so far is to release the most pro-bitcoin regulations conceivable.
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I'm calling you the pot simply because you smugly called someone else smug. That didn't have anything to with whose side you're on, or whatever.
This is just some incompetent corruptocrats. This is not the warning shot. This is not the crackdown.
But yeah, I fully expect the US government will, more likely than not, try to shut down Bitcoin. I think most people who are not naive teenagers do.[1]
One complication is that the US government only truly controls one country, and there are 200+ countries around the world. Bitcoin is useful, and the cat's already out of the bag.
To be clear, I'm not naively saying that it's going to be a successful currency in the long run; we just don't know.
[1] I expect it to be a legally drawn-out process that does not criminalize bitcoin overnight and may not even fully succeed. Also, it's worth noting that the Feds have been insanely pro-Bitcoin so far. Rather than making it illegal overnight, all they've done so far is to release the most pro-bitcoin regulations conceivable.