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RE: The US Government Clamps Down on Ability of Americans To Purchase Bitcoin

in #bitcoin7 years ago

The problem any government has with crypto is the fact that they can't inflate it to control their debt. If any country found a cryptocurrency becoming its currency of choice they'd then have to carefully manage budgets to prevent bankruptcy. Currently the U.S. is the only country with existing enforceable laws but I feel that if Bitcoin or any other crypto starts to rival a fiat currency there will be trouble for us.