MtGox, for example. Or silkroad.
Or if/WHEN a government "cracks down" on several exchanges at the same time and takes a large % of the worlds bitcoins. Is there a plan for this? Has it been discussed? Shouldn't the techies and community try to "fix" it somehow?
I'm talking about finding the bitcoins and "blacklisting" them and thus deleting them ofcourse. What problems could this have? That it takes a ton of time that theese people have to do for free?
What if 1 country with many exchanges does this(Steal all the bitcoins inside the country they can get their hands on). Couldn't this lead to other countries doing the same? I mean, if bitcoin is going to blow up to 10,000/BTC or even 100,000 as some actually expect, this could very well become a reality.
Is this a danger and/or what is preventing this?
thanks for your time,
/Guru
Or if/WHEN a government "cracks down" on several exchanges at the same time and takes a large % of the worlds bitcoins. Is there a plan for this? Has it been discussed? Shouldn't the techies and community try to "fix" it somehow?
I'm talking about finding the bitcoins and "blacklisting" them and thus deleting them ofcourse. What problems could this have? That it takes a ton of time that theese people have to do for free?
What if 1 country with many exchanges does this(Steal all the bitcoins inside the country they can get their hands on). Couldn't this lead to other countries doing the same? I mean, if bitcoin is going to blow up to 10,000/BTC or even 100,000 as some actually expect, this could very well become a reality.
Is this a danger and/or what is preventing this?
thanks for your time,
/Guru
For a gov to literally take the btc without a good reason especially in the US I belive there would be a repayment to those who were on that exchange.
Well, in the history books there's many examples of government stealing from their People. And if BTC would skyrocket many times over before this event it wouldn't be hard for them to justify it because Bitcoin would be 1 of many reasons why this supposed governemnts own currency is declining.
Edit: Imagine a Cold war or WW3 scenario. Then even the media would clearly state that the People that's been changing their own currency to e-currency are to be considered traitors or terrorists. And this is not far fetched, many countries today have a really really hard "climate"..