News for hackers. Stuff that matters.

A comment on Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm. Parent comment

Re:Secret Deals, Foreign Investments: The Rise of Trump’s Cr... by tphyahoo2 on Wednesday April 30, 2025 @11:51AM (#43846943)
Furious words and threats won't stop bitcoin.

Neither will bans and prohibitions, unless you are willing to go full north korea with cameras everywhere and computers locked down. And you'll probably fail with that.

You're beating your fists against an ocean.

Touch some grass.

[ Parent | on HN ]
Re:Secret Deals, Foreign Investments: The Rise of Trump’s Cr... by victorbjorklund on Wednesday April 30, 2025 @05:48PM (#43851079)
Of course you can. 20 years in prision for using Bitcoin. Not a lot of people would wanna risk that. And when 99,99% chooses to not touch it with a pole the value will collapse. Then a few people can sit there with Bitcoins that no one wants to buy from them.

Is it a good idea? Mayne not. But obviously one can crush Bitcoin if one wants.

[ Parent | on HN ]
Re:Secret Deals, Foreign Investments: The Rise of Trump’s Cr... by tim333 on Wednesday April 30, 2025 @06:15PM (#43851315)
Except it's multinational. China declared bitcoin illegal in 2021 but it still seems to exist.
[ Parent | on HN ]
Re:Secret Deals, Foreign Investments: The Rise of Trump’s Cr... by tphyahoo2 on Saturday May 03, 2025 @05:52PM (#43882648)
https://en.wikipedia.org/wiki/Dekulakization

"Is it a good idea?"

No, not "obviously one crush" and nor are there no consequences if one were to try.

https://archive.md/qlbDM#selection-49.0-49.64

("Georg Ritter von Flondor, and what his unhappy life can teach us")

[ Parent | on HN ]