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Re:Netherlands must ban cryptocurrencies immediately: CPB head by enchiridion on Friday June 11, 2021 @10:59AM (#27474292)
Could a powerful country just take over Bitcoin as an extension of its fiat?

What would happen if tomorrow the federal reserve announced it will exchange 1 BTC for 50000 USD?

Obviously there would be an immediate price spike... but then what?

Re:Netherlands must ban cryptocurrencies immediately: CPB head by charlesmunger8 on Friday June 11, 2021 @11:02AM (#27474324)
> what would happen

cybercrime would skyrocket

Re:Netherlands must ban cryptocurrencies immediately: CPB head by enchiridion on Friday June 11, 2021 @11:31AM (#27474696)
Why? Genuine question.

Also say hi to Warren for me