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TopicWow Ethereum is crashing
Sojy
07/17/17 3:27:28 AM
#105:


darkphoenix181 posted...
it could very well be a law says bitcoins are worth the cash value of a candybar and you lose hundreds of dollars

of course, we would have faith the government would warn you about this upcoming legislation giving you time to cash out and hold your value that way
but even with such a warning everyone would be selling and the value would drastically drop

It's on the internet. The internet is a global thing. Bitcoin is obviously dispersed in a manner where no one country has jurisdiction over it so laws can't really do shit.

What do you think BTC was being used for in the beginning? Certainly not legal transactions.
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