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by zaphar 1417 days ago
They can absolutely prevent you from using it to buy milk at your local grocery store. In practice having bitcoin is no help if you can't convert it into something else. The regulation won't happen at on the blockchain. It will happen at the grocery store, car lot, or any other place you do business. That is plenty enough regulation to make it a nightmare to use in practice.
1 comments

I don't buy milk from grocery stores. I use lightning to buy from my local farmer.