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RE: Government will Regulate Cryptocurrency

in #bitcoin8 years ago

I would actually quite enjoy that, please tell them to throw 1 trillion $ into AMP:

I would like to make some money out of that. But they will never do that since that would weaken their curreny, why the hell would they do that? Since they dont have printing power in BTC?

Nah, I think they will do this through legislation.

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Certainly, still grappling with the common sense logistics of it all here! My next question would be is their inability to 'print bitcoin' akin to a inability to create an multitude of Mt. Gox scenarios?

Mt Gox is what would happen to all Too Big to Fail Banks if they would be removed from government protection.

Certainly if people are stupid enough to give their money to a custodian, then they really deserve the consequences.