Re: Government & Bitcoin

Bitcoins will be hard for them to stop without shutting down the entire internet. Should a government act against bitcoin, it would drive the price through the roof.

i doubt every governments will ever work together, so this scenario is very unlikely, you will always have at least one government that will not do anything against bitcoin, many have already embraced it, so why, suddenly, they should go against bitcoin without any reason? no-sense....

Government can't stop the adoption of BTC, sooner or later they're going to realize the benefits that it can bring.

I think you'd be surprised at how long the government can go without realizing things...maintaining and encouraging ignorance. Government in most cases is a self serving institution.

40+ years of miserable failure in drug policy is still around and kicking, with countless deaths, prisons full of people committing victim-less crimes, forced creation of a black market and organized crime. If that doesn't warrant policy change, you can forget about giving up monetary policy.