Hacker News new | ask | show | jobs
by mindslight 1910 days ago
The US won't ban Bitcoin, because USG philosophy isn't based on obtuse assaults like that. What will happen is ever more "money laundering" laws making it irrelevant for its original purpose. You can already see startups gearing up for this with things like "cross border payment compliance" and the like. Eventually if you want to convert to fiat, you'll be forced to have good provenance coins as determined by such gatekeeper companies, effectively undermining the whole point.