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cadetzero | 13 years ago

US government declares it an illegal currency, and if you accept bitcoins at your business you will be investigated. Game over.

discuss

tomsthumb|13 years ago

Some numbers are illegal, but that's because they have particular uses (Crypto etc). How in the world would the US be able to declare possession and exchange of data illegal?

omni|13 years ago

Child pornography stored on a computer is data. The possession and exchange of child pornography is illegal.

MacsHeadroom|13 years ago

They would have to define it to ban it. Bitcoin would just evolve to no longer fit the ban. There are already dozens of other cryptocurrencies brooding- just waiting for a scenario where Bitcoin is pushed out to make more room for them.

A ban on bitcoin will work about as well as a ban on piracy.

specto|13 years ago

Not really, since the success of bitcoin still relies on conversion to another currency.