Quote:
Originally Posted by TisMe
It was the same for internet gambling, eventually the banks are the weak spot.
I wonder what even the discussion of an anti bitcoins banking law would do to people's confidence?
Seems to me that just the rumor of this would be enough to cause a run to cash out, once might be survivable but multiple times would erode confidence.
I see such an action by some government as very probable.
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I believe it will be the opposite effect. If there was talk about it people would rush to get them just like they do with guns. Back in 2011 Chuck Shuemer talked about banning bitcoin and the price shot up to 32 dollars a couple days later. Its worldwide there are exchanges all over the place. Every country would have to agree. Some countries will most probably embrace bitcoin.. The world isn't the US. Most bitcoin casino's deal in bitcoin only and have instant cash in's and cash outs no banks involved.
http://www.theverge.com/2012/12/7/37...itcoin-central