Tag: banning bitcoin

Understanding how bitcoin adoption could be stopped is critical to becoming a better Bitcoiner and there are numerous possible attack vectors that exist.This is an opinion editorial by Interstellar Bitcoin, a bitcoin pleb.In a hypothetical world, imagine we are trying to stop Bitcoin. Why might we do it? How would we do it? What actions would we need to take? Where...

The Bank of Russia is reportedly concerned that cryptocurrency investments might risk the country's financial stability.The Russian central bank is seeking to prohibit citizens from investing in bitcoin and cryptocurrency out of concerns the activity would pose risks to the country's financial stability, according to a Thursday report by...

If the U.S. attempted to ban bitcoin, an endless digital game of whack-a-mole would ensue.In the world of media, “If it bleeds, it leads,” is still very much a fashionable trope. However, when it comes to Bitcoin, there’s a new trope in town: “If it misleads, it leads.”In a recent article for...

There are various aspects of the technology that make an outright ban on bitcoin unfeasible.“You’d have to shut down the internet.” Hester Peirce, Commissioner to the U.S. Securities and Exchange Commission (SEC) on implementing a Bitcoin ban.Although Bitcoin’s market capitalization has...

Although they may seem threatening, bans on Bitcoin have never worked and will continue to be circumvented by the network.Worried About A Ban? Then You Need Bitcoin More Than You ThinkSkeptics often argue that governments will ban Bitcoin when it becomes too important and threatens national sovereignty. At least these critics understand Bitcoin’s importance and the power that state currency monopolies...

In recent days and weeks, U.S. Treasury Secretary Janet Yellen has been raising the alarm about what she perceives to be a rising “misuse” of cryptocurrencies, which she argues are used mainly “for...

History has demonstrated that when regulators attempt to intrude on liberties, individuals find workarounds.In recent days and weeks, U.S. Treasury Secretary Janet Yellen has been raising the alarm about what she...