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RE: Chinese government is cracking down on alternative exchanges. This is how governments work people. Please stop wishing for regulations and collaboration with them. Just say no.

in #bitcoin7 years ago (edited)

yup, hodling. What's funny is, the more you try to ban something, the more people will want to get in. Scarcity leads to increase prices, and higher prices lead to more speculators. It's a vicious cycle. The only way the government can do anything is to block and destroy the Internet outright. Perhaps, every single computer on Earth.

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