Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by jMyles on Thursday December 21, 2017 @11:59AM
(#15980504)
...and what exactly will they do about it? The question is about decentralized exchanges. Countries may choose not to "tolerate" whatever they wish, but the internet is under no compulsion to tolerate shortsighted countries.
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Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by tonfa on Thursday December 21, 2017 @12:12PM
(#15980632)
They can prosecute the operators of those sites, not like it didn't happen in the internet before. Usually some things survive, but at the cost of extra hurdles (e.g. only accessible via tor, but even there, some people got busted through bad opsec).
Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by jMyles on Thursday December 21, 2017 @12:21PM
(#15980708)
You mean the operators of web front-ends which provide access to the exchange? I suppose that's possible. But I don't know how long that will even be the main way that people access them.
Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by joshuakelly on Thursday December 21, 2017 @12:26PM
(#15980757)
Exactly — dapps are unstoppable, at least with any conventional approaches to internet censorship
Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by nrhk on Thursday December 21, 2017 @12:48PM
(#15980984)
If China's firewall can't stop it, nothing will
Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by uncletaco on Thursday December 21, 2017 @12:26PM
(#15980766)
Regulate that ISPs block the protocols.
Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by throwaway30yo on Thursday December 21, 2017 @12:40PM
(#15980892)
They would need to regulate every ISP in the country to block the protocols, and then go after every website just using those protocols under the hood (and most of these would not be in the USA).
I can't see that ever happening especially because these protocols would have non currency uses as well.
Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by cinquemb on Thursday December 21, 2017 @12:43PM
(#15980919)
Regulate people using handcranks to power portable transmitters transmitting information at variable frequencies to be received and picked up by those who know of beamforming and antenna design.
Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by jMyles on Thursday December 21, 2017 @12:40PM
(#15980889)
Honestly, that sounds like a dream scenario for creation of a new, better, fully distributed internet. This is my favorite timeline.
Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by Ajedi32 on Thursday December 21, 2017 @01:59PM
(#15981731)
Including the OpenVPN, HTTPS, SSH, and TOR protocols? (All of which could trivially be used to circumvent such a block.)
Re:Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP ...
by stale2002 on Thursday December 21, 2017 @12:36PM
(#15980850)
ISPs would have to block all crytocurrencies for that to work.
That would work, I guess, but that is a huge step to make and governments aren't currently talking about how they plan in banning all of Bitcoin.