Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
Amph
on 29/05/2015, 18:05:13 UTC
If you read or process what I'm saying you will see that I'm not saying they can stop it, but they can prohibit it in other ways and that's why my comparison with drugs is apt. They might not be able to stop you using bitcoin (or drugs) but they can put laws and regulations in place to make it illegal and punish you if you choose to ignore them. The gov can still steal or confiscate your bitcoins as well so it's yet again exactly comparable to drugs.

no it isn't, they can't confiscate it, because they need to confiscate your pc/smarthphone/trezor ecc.... understand now, why i was talking about computer? how can they stop you from running a client then? it's impossible

drug on the other hand, don't utilize an instruments like bitcoin....it's more impossible to control the usage of bitcoin in comaprison to anything else, it's not feasible at all...

this is why banning bitcoin is a complete joke, you can't do it period, the only thing is restriction(but it must be done by the entire world, not just from a random gov that hate bitcoin, otherwise it is pointless), which will damage the price and penalize the whole network, thus maybe killing it undirectly

They can't confiscate it? Tell that to Ross Ulbricht and BurtW and everyone else who had bitcoins confiscated. You really don't know what you're talking about. Just because something is on your computer or phone doesn't mean they can't take it. Drugs might be in your pocket or in your house or locked in a safe but they can still take it just like they can bitcoins. They can also just lock you up if they can't get access to the funds they know you have but you will still owe them the money one way or another. You also contradicted yourself in the last paragraph. You say they can't control it or ban it but then they might be able to kill it indirectly? This is my entire point. They don't need to shut down your computer or client or pc or internet, they can just make bitcoin illegal and prosecute any one who uses it.

man you are not understanding, if they confiscate my smarthphone or whatever, i can still fire up my client at home and run that(and they surely can't confiscate every desktop out there), burst is doing the same right now, there is really nothing they can't do about bitcoin, bannig bitcoin is pointless for every point of view, and they know that, that's why russia returned to where they started, by removing the "ban"

Well they could technically pass a law to ban BTC and be able to confiscate your BTC if they catch you with BTC (example: you are going to some place and you are wearing a trezzor with you, they would be able to steal your trezzor). They could just create fear and try as hard as possible to reduce it as an underground thing.
Of course we all know this is pointless and would create an outrage, that why it's out of the question.

they can't do shit, besides arresting me, because i can still use it at home, they need to ban desktop too if they one to stop bitcoin, no-sense actually, it's impossible