Quote from: bigwig456 on June 07, 2014, 05:26:35 PM

Quote from: Dalmar on June 07, 2014, 03:00:19 PM

Quote from: bigwig456 on June 07, 2014, 02:16:06 PM

Does anyone seriously think bitcoin will continue to rise dramatically IF the US banns btc?

http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

Why would they ban something they made? Cheesy

They are even quoting a certain Mr. Okamoto in this paper.

It was a rhetorical question. The original poster's assumption is that bitcoin will succeed without the US in the future. I'm just saying that without the US, bitcoin's future is murky at best and busted at worst. I'm not the original poster and I don't assume that the US will bann bitcoin at all. I'm just questioning the original poster's assumption. China tries to bann bitcoins every month or so and has succesffully trolled the bitcoin community and negatively affect the price. If the US tries the same trick, it will have a bigger effect, much bigger.

At this stage, the future of bitcoin lies with the US. As far as the real world is concerned, there are two money capitals in the world, New York and London. Not Beijing, not Shanghai.

Can you deny that bitcoin and fiat are intimately tied together at this point in time?

I am a realist and I live in the real world.

At least someone is thinking straight.