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Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by theseatoms on Monday January 22, 2018 @10:40AM (#16205155)
I'm certainly not an expert in this domain, but how exactly would a government ban bitcoin? Is it possible to do without banning the Internet? Governments can eliminate centralized services like Coinbase. But that only makes Bitcoin stronger as OP indicated.
Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by BurritoAlPastor on Monday January 22, 2018 @11:11AM (#16205448)
You may misunderstand how laws work. The government can make anything illegal. (Within the constraints of the various checks and balances, but those mechanisms do not turn quickly.)

The most obvious way is to make it a crime to exchange bitcoin for USD, goods, or services. (Doesn't even have to be bitcoin specifically; they can say "blockchain-backed digital resources" or whatever.) Scope it under interstate commerce, in the US; who's going to stop them? Obviously that wouldn't kill BTC overnight, but it would kill any legitimate market. If they're really worked up they can compel financial entities to disclose or block payments to/from known BTC exchanges, or compel telcos to do the same for blockchain mining traffic. They could even ban owning bitcoin; delete your keys or you're committing a felony.

How wouldn't they ban bitcoin, really?

Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by theseatoms on Monday January 22, 2018 @11:35AM (#16205648)
Well when you put it that way...

In that scenario I suppose bitcoin's only hope would be that the countries of the world wouldn't coordinate to enforce a global ban. Seems unlikely that they would. But, back to your point, a total US ban might be enough to eventually kill the ecosystem.

Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by skymt on Monday January 22, 2018 @11:05AM (#16205397)
Step 1: eliminate centralized services. This would only make Bitcoin stronger if it's already a functioning economy that doesn't depend on connections to the existing financial system. If you can't buy and sell Bitcoin with traditional currency, it becomes far less practical.

Step 2: make use of Bitcoin illegal. You know, "ban" it. It's a plaintext P2P protocol, not exactly magic. If you control the network, you can identify Bitcoin nodes and charge their owners, exactly how law enforcement can enforce laws against other illicit P2P traffic. This would drive any remaining die-hard users to services like Tor.

Step 3: if Bitcoin is somehow still popular enough to be considered a problem, block Tor.

Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by theseatoms on Monday January 22, 2018 @11:28AM (#16205589)
Helpful. Thanks.
Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by hndamien on Tuesday January 23, 2018 @12:08AM (#16211182)
In this scenario where your Government is doing this do you leave? Subvert? Comply? If your answer is comply, congratulations for your obedience.
Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by hndamien on Tuesday January 23, 2018 @06:55PM (#16219076)
Would love to understand the rationale for the down voting here. It would seem to be that the suggesting of disobedience to Government is immediately wrong.

“One has a moral responsibility to disobey unjust laws.” ― Martin Luther King Jr.

Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by michaelt on Monday January 22, 2018 @10:52AM (#16205263)
You can't 100% eliminate speeding or child poverty or drugs or car accidents or corruption or gambling or unsafe working conditions or prostitution - but that doesn't stop governments trying for a reduction.
Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by theseatoms on Monday January 22, 2018 @10:58AM (#16205318)
Oh, I'm pretty sure that governments will try to ban bitcoin, given that it gets more traction as an actual medium of exchange. I'm trying to assess if they'll succeed, and if so, "how?"
Re:Bitcoin.org removes “fast” and “low fees” from Bitcoin de... by hndamien on Tuesday January 23, 2018 @12:09AM (#16211185)
Ban Bitcoin, but leave the futures exchange and taxes. OK.