Post
Topic
Board Bitcoin Discussion
Re: What would happen if US government made Bitcoin illegal?
by
goaldigger
on 15/06/2019, 07:52:31 UTC
Let's say tomorrow there's a US law that any US person who gets caught with bitcoin server goes automatically to jail for lifetime.
And the 2400 US bitcoin nodes would go offline.
What would happen to price?
What would happen to hash power?
How long would it take to recover?
Let's speculate!

US is a country with so much power and influence and im sure that its alliance also makes bitcoin illegal. It can be a main source for cryptocurrency extinction because the punishment is too much for a digital currency involvement. It will take about a year or two for its full obsoletion. Lets just hope it will not happen.