Bitcoin and Crypto Talk (Merged)(includes NFT)

tomwaits said

If Bitcoin was ever to even remotely appear to be a threat to the dollar hegemony, the state would make it illegal and cite something stupid like terrorism or organized crime. They already hint at such things with Bitcoin.

Also China is currently 5th in wine production and growing.
https://en.wikipedia.org/wiki/List_of_wine-producing_regions

Click to expand...

So will we ban the US dollar if utilized to fund terrorism or drug deals? It's a weak argument and Yellen has made grumblings of this already. I agree that it is a risk. However, not sure they can stop the train and the price may go even higher if they tried to make it illegal. Due to the decentralization and number of locations they could make it illegal, but it would not stop the technology. Tesla is invested in it and the U.S. will want a slice of the pie. Too much money in the technologies to ignore it. If we don't capitalize, China will.

Wonder if that wine is laced with lead?