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A comment on Bitconnect founder indicted in global $2.4B cryptocurrency scheme. Parent comment

Re:Bitconnect founder indicted in global $2.4B cryptocurrenc... by ninth_ant on Saturday February 26, 2022 @12:09PM (#30479455)
If Western nations enacted policies on bitcoin similar to China, this wouldn’t shut down the network entirely but would drive it underground. This would limit the usefulness and presumably value of the network, at the very least.
[ Parent | on HN ]
Re:Bitconnect founder indicted in global $2.4B cryptocurrenc... by Hjfrf on Saturday February 26, 2022 @01:47PM (#30480468)
Banning miners would send them to the next-most corrupt country with cheap energy.

A more meaningful move would be to ban exchanges, so that miners can no longer take exit liquidity at the expense on retail "investors".

[ Parent | on HN ]