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RE: What happens if China decides to lift its ban on Cryptocurrency Exchanges?
There is nothing that can stop cryptocurrencies in the long run, only short downswings are possible at this point...
There is nothing that can stop cryptocurrencies in the long run, only short downswings are possible at this point...
Well, some random PhD student might actually crack the encryption, which holds this altogether, in which case everything will get fucked. It's all being held together by a simple maths concept, which is difficult to be reversed. Give it 5-10 years and someone will crack it in computational time and the Cloud is going to burn for a bit (and maybe cryptos too).
That could happen only under the assumption that technology will stay stagnant.