Post
Topic
Board Bitcoin Discussion
Re: What If There Is A Ban
by
samcoin
on 27/02/2023, 21:09:15 UTC
We all agree we're living in a crazy world and what's far worse is that it is managed by a bunch of clowns..
So, let's think wildly, one day US were to further increase the censorship just like some of the other countries in the world, they ban bitcoin, they ban VPN, they pass legislation for those who mine/trade/spend btc will be sent to jail.
(Let's not say it's not going to happen. It can! You never know just like you would never have known that there's a war in 2022.)

Other countries start to follow.

Where will you be and what kind of life will it be and how is it going to impact yours?


In my opinion, if such a thing happens, it won't happen all over the world at once. The USA can ban anything on their grounds, but can't force other countries to ban it, especially because countries like China and Russia have conflicting interests with the USA. I once read that VPNs are widely used in China as the citizens there want to take advantage of some American services. I believe if the USA banned crypto mining, China would leave their ban fast, as Bitcoin blockchain still has usages to move capitals between both countries in known and unknown ways.