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by Lawtonfogle
4064 days ago
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>If they couldn't stop movie piracy, how are they supposed to stop free global financial services? They could hit it really hard. They haven't stopped illegal images from being spread, but they have made it really rare except for the darkest corners of the web. |
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The excuses for the prohibition of free financial services on the other hand are all basically covert attempts to protect the sovereignty of state military/police institutions, and do not actually align at all with the interests of regular folk. Plus absolutely everybody needs and enjoys high quality, unrestricted financial services.
So I see the chances of government attempts to suppress Bitcoin succeeding as more or less 0. What would be the grounds for it? Where would they gather the support that would allow them to openly violently suppress great swathes of people to try and keep it from happening?
It's even less likely to succeed than efforts to suppress copyright-breaking, because with Bitcoin there are no legitimate victims, it is only the state who will lose out.