The great robbery of 1933
You think this could ever happen with bitcoin?
(Source: ~~~ embed:1244172949629751296) twitter metadata:Qml0Y29pbklMWUF8fGh0dHBzOi8vdHdpdHRlci5jb20vQml0Y29pbklMWUEvc3RhdHVzLzEyNDQxNzI5NDk2Mjk3NTEyOTYpfA== ~~~
By executive order, all gold was to be handed over.
Pretty crazy to think this could actually happen.
My guess is that it would be much harder to do this with bitcoin, though I am not completely sure.
Jail time tends to scare even the strongest hands.
Once a FED crypto-currency is set up, BTC and any other competing token will be deemed illegal.........it is only a matter of time
While possible, and possibly catastrophic for the price in the short term, bitcoin is still global and could survive in other jurisdictions.
Of course that is possible!