Comment on Open Thread, October 27 - 31, 2013

Thu, 07 Nov 2013 17:04:35 GMT

if Bitcoins become illegal, buying hard drugs is the better analogy than downloading torrents

The differences between the physical and the virtual worlds are very relevant here.

Silk Road was blatantly illegal and it took the authorities years to bust its operator, a US citizen. Once similar things are run by, say, Malaysian Chinese out of Dubai with hardware scattered across the world, the cost for the US authorities to combat them would be... unmanageable.

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