Re:Electric currency could trash cash (1999)
by sillysaurus3 on Sunday December 24, 2017 @07:39PM
(#16002046)
Won't work. They'll just migrate to countries without financial controls. (BTC-e et al.)
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Re:Electric currency could trash cash (1999)
by betterunix2 on Monday December 25, 2017 @12:56AM
(#16002900)
Cool story bro, but most governments would consider that a win -- it pushes the whole thing out of the mainstream.
(edit: A win if the goal was to ban cryptocurrencies.)
Re:Electric currency could trash cash (1999)
by tCfD on Sunday December 24, 2017 @07:44PM
(#16002064)
You know BTC-e no longer exists and was replaced by a clone called wex, which is linked to a domain in a five eyes jurisdiction (new Zealand), right?
Exchanges are a de facto part of every cryptocurrency protocol, you cannot avoid exposure to their downside risk even if you never put a single coin on any of them.