160 karma · joined April 1, 2010
Probably because it's a patent lawsuit minefield.
Probably just behind the MCAS.
"China is able to secure cheaper supply and resell shipments from more expensive exporters to utilities in Europe and Asia, while Russia can continue selling fuel at a profit."
https://www.bloomberg.com/news/articles/2022-09-08/china-sna...
Financial Times:
"The world’s largest buyer of liquefied natural gas [China] is reselling some of its surplus LNG cargoes due to weak energy demand at home. This has provided the spot market with an ample supply that Europe has tapped, despite the higher prices."
https://www.ft.com/content/1e20467a-5b53-42b7-ad89-49808f7e1...
This is a new low for HN to upvote such garbage, but at least they edited the headline which originally was:
"Costa Rica Has Run on 100% Renewable Energy for 299 Days".
Regarding how it would affect the market, it seems all experts automatically assume that it would impact the price of cryptos negatively however:
• Could a panic exit from Tether push people to immediately buyback cryptos at any price?
• Could a flash pump of BTC while USDT/USD is unpegging be the signature of the downfall itself?
• Since stable coins are used for day trading, would their downfall make the crypto-market behave like it was before stable coins were introduced?
However you cannot ban bitcoin, you just can't, that the whole purpose of its existence.
And black markets have always existed and always will.
If a country decides to ban exchanges, it could end up creating an untraceable black market since people might start exchanging crypto <-> cash in the streets.
Intelligence agencies would probably not be happy to lose such traceability capability.
Drug dealers would be taking over this black market as it creates new incomes while simultaneously helping some of their money laundering needs.
Blockchain startup ecosystem and crypto friendly entrepreneurs would leave your country. You would lose all related tax revenues and high-paying jobs.
https://www.wsj.com/articles/facebook-ends-ban-on-posts-asse...