Re:Bitcoin: The future of money is at stake
by Sammi on Monday February 10, 2014 @09:00AM
(#7211054)
Banning and blocking Bitcoin is exactly as easy as banning and blocking Bittorrent. And god knows they tried to do that.
Re:Bitcoin: The future of money is at stake
by kordless on Sunday February 09, 2014 @11:08PM
(#7209062)
> they will do whatever it takes to essentially shut it down
Good luck on that.
Re:Bitcoin: The future of money is at stake
by 1qaz2wsx3edc on Sunday February 09, 2014 @11:28PM
(#7209121)
The rise of the darknets will be funded in blood & bitcoins. Someone should write a novel on this, it's juicy!
Re:Bitcoin: The future of money is at stake
by GFK_of_xmaspast on Monday February 10, 2014 @12:05AM
(#7209251)
Re:Bitcoin: The future of money is at stake
by dllthomas on Sunday February 09, 2014 @11:35PM
(#7209150)
Strong parallels to Cryptonomicon.
Re:Bitcoin: The future of money is at stake
by arethuza on Monday February 10, 2014 @05:57AM
(#7210258)
Wasn't the crypto currency in Cryptonomicon going to be backed by gold?
Re:Bitcoin: The future of money is at stake
by dllthomas on Monday February 10, 2014 @11:19AM
(#7211833)
Yes. Parallels, certainly not identity.
Re:Bitcoin: The future of money is at stake
by arkem on Sunday February 09, 2014 @11:37PM
(#7209158)
It's a minor theme in Halting State by Charles Stross
Re:Bitcoin: The future of money is at stake
by prestadige on Sunday February 09, 2014 @11:51PM
(#7209211)
>Good luck on that
Yes, partly because there are too many countries and partly because each time the government of one country tries to shut it down, and fails, it makes bitcoin look stronger and more viable to the others.
But what about "turning off" the world wide web so to speak? I'm sure if governments really believe bitcoin is a threat to their currency, they will do whatever it takes to essentially shut it down. If it cannot be digitally traded on the internet, then that value of bitcoin is lost.