I don't think governments can ban them even if they wanted to. They could attack them by taking out mining farms though - just cutting the power supply would be enough. Dan has spoken about this before. The fall in hash rate could create stalemate until the algorithm readjusts the difficulty.
You are viewing a single comment's thread from:
I agree, they cannot ban even if the wanted to but then they will end up creating ways to tax us.
As of now, the Indian Government is sitting silently on this topic, but they had invited people and organizations to debate about Cryptocurrencies. I wonder what laws they are going to make. And I am yet to learn about what the US is doing about this.
You can't escape the Taxman!
Correct. Fear the TAXMAN!!!