Comment on Open Thread, October 27 - 31, 2013

Thu, 07 Nov 2013 16:50:13 GMT

And consequently it has a much more complicated information structure than torrents do. :) But this aside, while you can likely run the Bitcoin economy as such, if Bitcoins cannot be exchanged for dollars or directly for goods and services, they are worthless; and this is a bottleneck where a government has a lot of infrastructure to insert itself. I suggest that, if Bitcoins become illegal, buying hard drugs is the better analogy than downloading torrents: It won't be impossible, but it'll be much more difficult than setting up a free client and clicking "download".

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