Those countries that ban it will miss out on the economic value. Just as those countries that banned or did not invest in early internet infrastructure (for similar reasons) are now significantly behind.
Re:Crypto Winter, or Crypto Ice Age?
by TrapLord_Rhodo on Thursday July 14, 2022 @07:28PM
(#32102599)
> Now, what makes you think that the regulators in well-run countries will continue to accept this inefficient and unregulated money alternative full of scams?
You can always count on one thing in government. Profit Motive! Gerry ginsler was the professor of crypto at MIT for crying out loud. I'm sure US politicians have tons of BTC.
Now, what makes you think that the regulators in well-run countries will continue to accept this inefficient and unregulated money alternative full of scams?
Crypto currencies could be banned to quite an extent (mining, on/off ramps, maybe even the network traffic, which is unencrypted, if I am not mistaken.)