RE: Ban Crypto And Risk Starting A War: The People vs The Governments
Much of the crypto space by definition is high tech. Can you imagine what would happen if some of the best techno nerds in the world lost a fortune due to government interference with their peaceful pursuit of happiness?
My guess is that there would be massive cyber attacks on government computer systems. Everything from simple denial of service attacks to very sophisticated malware attacks.
What would make them so dangerous would be that they likely would be the kind of lone wolf attacks that are virtually impossible to detect before the fact.
It is truly frightening when you think of the damage that could be caused by just one very committed 23 year old computer hacker genius. Can you imagine what would happen if there were an army of them?
What would happen if the stock exchanges were attacked? Even being down for only a day or two could create a panic that could start the massive correction that so many economists are now predicting. Crypto is not the only bubble.
It is very true. Massive cyber attacks would certainly happen for sure if the governments made the decision to shut everyone off.
At this point I have a feeling that a lot of older people in the government have kids who are probably excited about crypto and hopefully they can explain to them that crypto is their friend. :-)