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RE: Bitcoin - A War is Coming...
If we look at how the war on drugs and war on terrorism paned out, we don't need to be too concerned.
If we look at how the war on drugs and war on terrorism paned out, we don't need to be too concerned.
Haha, that is a very good point. I feel like they could make the war on bitcoin have a little more teeth, but perhaps I am giving too much credit.
I would think banning owning, trading, transacting, mining etc all punishable by jail time would have a far reaching and significant impact on prices, especially if several of the other largest countries did so as well.
They are smarter than this. They just want to tax it.
And they will.
If they crash the market on the way, even better. They can grab some more.
Crypto shills and enthusiasts can't do that because they're all broke from trading.
I'll HODL no matter what happens.
Taxing it is the most likely scenario, though they already have capital gains taxes on it. Perhaps a special cryptocurrency trading tax?