Could congress actually ban crypto though? Calling it treason or something? I mean they made it illegal for companies to do business with Huwai, and they don't allow any banks to work with Iran... so couldn't they employ a similar tactic with crypto?
I love what this guy's saying, but I really don't see any reason why the government would want to support crypto... I guess unless Facebook lobbies like crazy.
No, I don't think they could at all. But they can put a dent in the market by making it hard to operate in the US. But Asia has embraced crypto so much than they'd be shooting themselves in the foot I think.
Absolutely, I'm from the UK and we basically follow whatever the US does. But, the rest of the world would keep using the technology. For me, what makes it bullet proof is blockchain decentralized database. Cryptocurrencies are just one application, and an application that governments don't like because they can't control it.
Me either, but they can't stop it... they can only drive it underground ;-)