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Topic: 2013-09-12 BitCoin Could Go Down In History As Destroyer Of The US Dollar (Read 660 times)

hero member
Activity: 784
Merit: 1000
As long as you are allowed to sell $500 postcards or lousy artifacts(pretty much the same as the survival of market economy), you can't stop people selling bitcoins.
legendary
Activity: 1540
Merit: 1000
It wouldn't hamstring anything, all it would do is make people avoid doing business with the U.S ( which people already are ) and either drive them underground or into the arms of other more relaxed countries.
sr. member
Activity: 434
Merit: 250
they could regulate/shut down exchanges, and pursue people who cash out of bitcoin without reporting taxes. or they could require you to report to them when you buy bitcoins. that would really hamstring BTC's development.
legendary
Activity: 1540
Merit: 1000
You mean they'll try to Tongue
sr. member
Activity: 434
Merit: 250
the thing though.. is that government would start regulating bitcoin if it begins to eat away at too much of their green paperbacks.
legendary
Activity: 1540
Merit: 1000
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