He didn't mention the government taking away the ability to convert bitcoin to fiat and back. I think the government could block our ability to buy and sell it using fiat at some point.
Bitcoin already serves too many purposes to just be abandoned. And they'd never really have the ability to stop it said way. As long as there's ways for people to exchange money (which, lol it's the purpose of money) people will be able to exchange bitcoin. Maybe not openly and transparently, but people will still do it. What's stopping me from just email-transferring you $1000? Or sending you a cheque for "services rendered"? Western Union lets you pick-up cash-transfers without ID using nothing but a "code-word." Jussayin'.
> He didn't mention the government taking away the ability to convert bitcoin to fiat and back. I think the government could block our ability to buy and sell it using fiat at some point.
Bitcoin already serves too many purposes to just be abandoned. And they'd never really have the ability to stop it said way. As long as there's ways for people to exchange money (which, lol it's the purpose of money) people will be able to exchange bitcoin. Maybe not *openly* and *transparently*, but people will still do it. What's stopping me from just email-transferring you $1000? Or sending you a cheque for "services rendered"? Western Union lets you pick-up cash-transfers without ID using nothing but a "code-word." Jussayin'.
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