Quote from: BlackHatCoiner on Today at 04:51:46 PM

Quote from: larry_vw_1955 on September 01, 2022, 11:25:44 PM

Enjoy it while it lasts because if the government (USA government) ever gets their grubby hands on bitcoin, they'll try and introduce controls over how much btc you can send at one time.

The US government, just like any government, doesn't control bitcoin.

They don't have to be able to control bitcoin. All they have to do is make laws regarding its use.

Just as an example:

https://www.coindesk.com/policy/2022/08/08/crypto-mixing-service-tornado-cash-blacklisted-by-us-treasury/

The Office of Foreign Assets Control (OFAC), a watchdog agency tasked with preventing sanctions violations, on Monday added Tornado Cash to its Specially Designated Nationals list, a running tally of blacklisted people, entities and cryptocurrency addresses. As a result, all U.S. persons and entities are prohibited from interacting with Tornado Cash or any of the Ethereum wallet addresses tied to the protocol. Those who do may face criminal penalties.

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Users do. In the same way they don't control peer-to-peer communication, file sharing-- encryption in general. Not only do they can't prevent you from broadcasting a transaction, but they can't even be sure who's making that very transaction. That's the beauty of transparency. You can verify that the transaction is settled without knowing who's sending to who.

The OFAC could just as easily come out and say US persons and entities are prohibited from using bitcoin. What you gonna do then? Become a law breaker? Bitcoin won't save you if you get caught using bitcoin then.