Quote from: ETFbitcoin on August 07, 2019, 07:05:34 PM

Quote from: TimeBits on August 07, 2019, 06:33:24 PM

They have unlimited money to bribe them Roll Eyes

Perhaps (ignoring possibility of inflation), but keeping secret/truth in big group is extremely difficult.

Someone bound to reveal the secret/truth and government's reputation will be damaged which could cause domino effect.

His theory, in reality, would only work if all major governments would cooperate (in the case the central bank in question is the FED).

Inside the "14 Eye" region it would perhaps work. But there is a major player in the Bitcoin arena which I doubt would cooperate with the US in that game: China. And while there are not many Crypto exchanges left with a "legal company seat" in mainland China, afaik some big "offshore" exchanges operate from there. I don't think it would be easy to drown these exchanges with some kind of "deal".

Ah ok, there is a way: actually _hacking_ all exchanges outside of the US Wink

. (But all hacks would have to happen roughly at the same time).