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Topic
Board Beginners & Help
Re: How long till BitCoins become outlawed?
by
Gosroth
on 28/07/2011, 00:04:51 UTC
The easiest method of attack would be shutting down the exchange of bitcoins with fiat currency.

Taking out the large exchanges would make finding the price of bitcoins at any given time more difficult.

It would be near impossible, however, to stop local bitcoin trading.

Price befuddlement in addition to illegality would prevent adoption by any meaningful scale of retailers (legitimate ones anyway).

So, worst case scenario is a very distributed network of exchangers and merchants. Not too bad, but more difficult certainly.