lol interesting but narrowminded view
what will happen after they are shot? their families will sell all their inherited bitcoins and give it to the poor?
oh no cryptocurrency somehow got banned… ok lets stop and never do anything criminal again… lol
Nobody said that, Nico. Lazy argument. Banning crypto would impede the ability of criminal organizations to pay and be paid anonymously. Implementing cashless would go even further to that end. Crime would still exist, but it would be hugely reduced, and it would be harder to do profitably.
nonsense, crime will not reduce at all and it wont be more than a tiny setback for them
when you have that kind of money you will always find a way to do whatever you want because there will always be “honest” people willing to help you for money
I suppose monitoring Bitcoin transactions wouldn’t be satisfactory.
This is because you are not smart. Mom & pop shops can help you launder a few hundred or even a few thousand dollars. Criminal organizations need to launder billions.
Anyway, this has now reached the point of “yes it would”, “no it wouldn’t” so I will go back to sleep.
Correct. Bitcoin by nature can’t be fully monitored.
lol pleasant dreams
Just because there are people out there willing to use Bitcoin for nefarious reasons doesn’t mean it doesn’t serve a good purpose.
Should we ban cars because some people drive drunk?
no but we should (and soonish will) make all cars safe so nobody can get hurt
try not to confuse reg, he prefers his solutions to be simple lol
Why not? I don’t understand. I read that every transaction is recorded.
the transactions are monitored, but they are encrypted so you dont know the identities behind the transactions
Banning something just because he doesn’t like how it’s being used is not the solution IMO.
Cant we pass a law to remove encryption?
sure, in america anything is possible lol
Awesome! We solved the worlds problems and all before breakfast. The problem is that we have a Republican in office. We would have to elect a Leftist to pass a bill like that.
oh wait i forgot to tell you that many governments including your american government also own billions in bitcoins so banning may not happen anytime soon…
Disturbing. That would certainly explain how Hunter Biden was paid that 4.3 billion dollars.
Reg is the one suggesting the extreme banning measure. I only suggest we monitor the criminals selling drugs and trafficking children.
first you would have to find out who they are and prove they are doing that and then the most difficult task: to convince people to go after them
Sure and apparently that is not possible with encryption enabled.
It’s amusing that I also suggested shooting all large holders of bitcoin between the eyes but you single out my banning proposal as extreme.
Can’t sleep btw. Not really back, but whatever.