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by kokx 1833 days ago
Part of his (reported) reasoning is really strange: because Bitcoin is doomed to crash, we have to take action, so the Netherlands should ban it. Causing it to crash earlier rather than later.

He also says that he isn't afraid that banning Bitcoin will fail, because a ban would lead to a crash.

2 comments

Two hypotheticals:

1) BTC replaces all world currencies, then crashes to $0.005/BTC (PPP)

2) BTC crashes today to $0.005/BTC

In which hypothetical does the crash cause least damage?

No, what it actually recommends is banning Bitcoin in the Netherlands before it crashes, forcing Dutch 'investors' to exit before the Ponzi scheme collapses.