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Oh please, in principle you could easily regulate Bitcoin like Heroin, meaning make it illegal to buy/sell, manufacture (mine) etc... While Bitcoin would not disappear, it would become even less mainstream than now. Hopefully this is not possible under constitutional law!

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You mean it would make its price go up, just like with any illegal drug?

Bitcoin's usage would go down, legitimate businesses would disappear. Legislation like this is not likely to happen, but this techno-hubris "Governments can't touch us, because we use smart technologies!" is quite ridiculous.

No, the cost would certainly go up, the price would go to shit because it has no intrinsic value to anyone unlike heroin addicts who need their fix.

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