The thing is, bitcoin and clones has much worse average return than poker when considered over the life span of each currency - poker doesn't have a house rake unless you are playing at a casino, all crypto-currencies do - the sums spent on electricity and hardware are leaving the pot. And that's most of the money people are investing in coins!
Further, the lack of good policy tools is a problem if you want to hold them. Because it makes it fairly likely that something draconic will be adopted as a deterrent. For example, just one possibility that jumped into my head is to consider the mere possession of dark coin evidence of involvement in the drug trade. Hello Asset Forfeiture.
Because it makes it fairly likely that something draconic will be adopted as a deterrent. For example, just one possibility that jumped into my head is to consider the mere possession of dark coin evidence of involvement in the drug trade.
The US is still somewhat a country of laws. It has courts. That means that a persecutor has a burden of proof. It's no good career decision to wage uncertain fights for a US government official. Any signal government official is usually just togging along the party line and grabs whatever safe opportunity he can to adv...
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.
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