Yeah it's a little naive to think crypto can't be banned. It's much harder to manipulate, that's true, but it relies on infrastructure to work. It's also not backed by anything physical and thus it's value rises and falls just like regular cash and credit.
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tankingwrong ago
Are you able to trade your services for cryptocurrency?
Then you're not done yet.
knightwarrior41 ago
what if they ban or outlaw the use of crypto?
Dontpanic ago
You don't know what crypto is if you think it can be outlawed. It already is outlawed in many different places and that's where it's the most used.
knightwarrior41 ago
i have a vague idea that is true
interesting, regardless, i dont think its going to play out the way some people think
Samsquamch ago
Yeah it's a little naive to think crypto can't be banned. It's much harder to manipulate, that's true, but it relies on infrastructure to work. It's also not backed by anything physical and thus it's value rises and falls just like regular cash and credit.
Dontpanic ago
So what physical thing is the US Dollar backed by?
prairie ago
It pays the IRS off.