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randomopining

1. As larger entities are getting into it, it will decrease the chance that the government cracks down.

2. There are obviously ways to transact anonymously, also P2P/OTC.

3. The government gets to tax all exchange crypto... easy revenue source.

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How do you transact in crypto without internet?

Maybe that's musk's long term plan with satellites

What about encryption?

You don't seem to get it, do you? Your government decides it can't regulate crypto, so it bans it. People use crypto anyway. Government raids telecom and puts filters on Internet. People use encryption. Government shuts down Internet. People use satellite internet. Government make penalty for using crypto a life sentence, because they can. Drives around with vans detecting sat signals. You can't fight them on their turf.

Your government can ban bitcoin, but every government would to ban it otherwise you are going to just piss off your populace. They'd also never be able to spin the internet back up without bitcoin spinning right back up with it. Also, Tesla is an s&p 500 company. If they made Tesla lose 1.5B for some philosophical argument about control they would crash the market.

How do you shut the internet down when the economy runs on the internet? Lol.

I don’t think you’ve thought this through, even though you’re so adamant.

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