I think there were reports that some people who are yet to discover fire that have been voted into the governments (the US have the most, other countries have a few though).
If encryption is banned, the Internet collapses. You're not accessing Facebook because Facebook can't fund itself anymore (the companies who used to pay to get Facebook to target their ads towards them are no longer doing it because they can just wiretap all the information they want from users and place their own targeted ads).
Every time you access the Internet now, you're given the site you want after 20 refreshes (sometimes), before then you're either getting a time out error (likely due to ddos and bad packet management because servers can't use keys to regulate that/verify users a real) or you're getting an ad to somewhere else or just a blank page because someone somewhere wants to see if they can do it (anyone can pretend to be a dns server if they want and point you wherever they like now SSL is no longer a thing).
Topic: Will BTC survive if encryption/cryptography becomes illegal? - page 3. (Read 518 times)
Probably because people wish the government to regulate cryptocurrencies would have been the reason there are rumours that the US government want to ban cryptography/encryption but that is not going to happen. If it is banned, it means no cryptocurrencies that would be created in US again, which is not possible. Regulating altcoins is different from banning encryption.
Heavens forbid you post a few links to what 'you read somewhere'.....
Without examples you are just posting worthless trash and personal speculation.
Without examples you are just posting worthless trash and personal speculation.
I've read somewhere about the US proposing a ban on cryptography/encryption algorithms for good. Doing such a thing will not only mark the end of privacy, but also traditional cryptocurrencies we know and love today. Bitcoin will be the one cryptocurrency mostly affected by the government's measures. Imagine if other countries do the same as the US to try to prevent people from obfuscating their utmost sensitive data. How will developers carry on with crypto projects if the whole space will be deemed illegal? Their only option would be to continue developing "under the radar", but we all know this won't work especially when most crypto projects have their team members' identities publicly viewable across the web.
That said, do you think BTC will still survive after an encryption/cryptography ban comes into effect? Will such a law be approved by the US and other countries? What will be the implications for the development of the crypto/Blockchain industry? Your input will be greatly appreciated. Thanks.
That said, do you think BTC will still survive after an encryption/cryptography ban comes into effect? Will such a law be approved by the US and other countries? What will be the implications for the development of the crypto/Blockchain industry? Your input will be greatly appreciated. Thanks.
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