rafael on Nostr: One thing that always bugged me about #Bitcoin . What if governments shut the exits? ...
One thing that always bugged me about #Bitcoin . What if governments shut the exits? Like, shut down exchanges. Is there anything that stops a government from a country doing that?
I figure if that happened Bitcoin would partially lose its function as a reserve of value, at least to people living in that country. It could still be used as medium of exchange, but that is still undeveloped in a lot of places.
I have a feeling I’m missing something important, but I still haven’t found out what it is. Any of you would be kind enough to share your thoughts or point me at a research material?
#asknostr
Published at
2024-09-04 17:56:04Event JSON
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"content": "One thing that always bugged me about #Bitcoin . What if governments shut the exits? Like, shut down exchanges. Is there anything that stops a government from a country doing that?\n\nI figure if that happened Bitcoin would partially lose its function as a reserve of value, at least to people living in that country. It could still be used as medium of exchange, but that is still undeveloped in a lot of places.\n\nI have a feeling I’m missing something important, but I still haven’t found out what it is. Any of you would be kind enough to share your thoughts or point me at a research material?\n\n#asknostr",
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