Re:Turkey Bans Cryptocurrency Payments
by frankbreetz on Sunday April 18, 2021 @03:24PM
(#26855481)
This may work for smaller shops, but it's easy to catch larger companies doing this. Public ledger and this transaction involves knowing the buyers address.
Plus if a large enough website allowed you to pay with Bitcoin they could easily get shut down.
The start-up cost for a store are way higher then hosting a hard drive full of copy-righted files, so they couldn't be as elusive.
In general there is no incentive for other governments to follow suit because those which don't institute bans would stand to profit more by taxing their miners.