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by XorNot 4598 days ago
People always propose ridiculously convoluted solutions to simple problems.

Step 1: make Bitcoin exchanges illegal to operate. There is no Step 2.

All the supposed uncensorability of BitCoin doesn't matter once you do that, because no one conducting legal business activities is going to bother with it after that. Al Capone was arrested for tax fraud.

1 comments

> Step 1: make Bitcoin exchanges illegal to operate. There is no Step 2.

Step 2 is moving my Bitcoin business to a country that's not afraid of Bitcoin.

Thus losing all your customers in a large, well-established 1st world market.

Again: if you can't buy BitCoin in your native currency legally, no one would bother trying to do it except if they had a compelling reason.

> if you can't buy BitCoin in your native currency legally

My native currency is now Bitcoin. ;)