this post was submitted on 13 Nov 2024
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Bitcoin hits record high as Trump vows to end crypto crackdown (arstechnica.com)
submitted 3 weeks ago by RmDebArc_5@sh.itjust.works to c/technology@lemmy.world
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[โ€“] taladar@sh.itjust.works 3 points 2 weeks ago (1 children)

They have the ability to shut it down for all practical purposes by simply banning its use for transaction by legitimate companies in their country.

[โ€“] ililiililiililiilili@lemm.ee -2 points 2 weeks ago

That would just suppress the price in the short term and leave that country behind in the digital currency revolution. Everyone has a moral responsibility to disobey unjust laws. Politicians can legislate all they want, but crypto will keep humming along.