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by whackedspinach 4825 days ago
That worked out so well when they banned copyright infringement.
3 comments

That's completely different though. Banning the conversion of btc into real currency would be a huge problem for btc, who is going to accept btc in exchange for a product or service performed if they can't turn that btc into money to exchange with other individuals/companies? There needs to be a much wider acceptance of bitcoins by companies providing services/products over a longer period of time before banning the conversion(at least legitimate conversion) would no longer phase bitcoin.
An illicitly copied movie is still fun to watch— even if none of your friends watch illicitly copied movies.

Illicit money? Thats _far_ less useful. Money like goods get their value from being accepted as valuable by large numbers of people.

Still awful for people getting caught, though, just like with copyright infringement. So I'd much rather they didn't do that.