I was having an argument in the speculation sub-forum when someone said "the only way to stop Bitcoin would be to ban the entire internet"... see I often hear that, but being in IT as a profession that statement give me a real hard time, so I thought it is time to discuss it, maybe there is something I am not aware off !!
So if Bitcoin becomes a real threat to governments, and if they agree on banning it and killing it, one way to go would be just changing regulation (FCC) for internet service providers and force them to ban the port that Bitcoin uses (8333 now), this would mean certain death to Bitcoin.
I want to hear your opinion, and how do you think this could be prevented ?
So if Bitcoin becomes a real threat to governments, and if they agree on banning it and killing it, one way to go would be just changing regulation (FCC) for internet service providers and force them to ban the port that Bitcoin uses (8333 now), this would mean certain death to Bitcoin.
I want to hear your opinion, and how do you think this could be prevented ?
First of all, great thread, it make me think a lot.
You cant stop bitcoin only banning the port, because the port can be redirected, changed or you can make "tunnelling" to that port.
I think there is not way to stop bitcoin, the countries can make it ilegal, but cant ban it. We have the example of Rusia. They make ilegal the bitcoin and the best they can do is giving you a mulct for it. but that will not make all the country stop using it.
I think the only true way to stop bitcoin, is giving it the value of zero. if it lost the value people will lost the interest on it, and that will be the end. But if it has a value, always will be people interested on it, and they will not care what the country think about it.
Going back to the technical discussion, close the port is not a option to stop it, as i say at start, the port can be redirected, changed or tunnelled for example.
Code:
netcat -L 127.0.0.1:666 -p 8333 -vvv