Hacker News new | ask | show | jobs
by hn_throwaway_99 1990 days ago
The very idea that cryptocurrency is an "uncensorable currency" is just fundamentally false, yet is a common refrain of crypto supporters who somehow think crypto can exist outside the realm of government control.

Governments can choose to make anything they want illegal, and they have the guns to back up that decision. Sure, it may be easy to make crypto transactions more surreptitiously, but at the end of the day someone is going to want to spend that crypto on something that has real value, and governments can, and do, control what method of payments are acceptable.