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Maybe that's what everyone would like to believe, but people believe many things about Bitcoin that aren't true. People love to make up explanations for why the price is rising, but it seems likely that the price is rising because people are buying them, not because people are buying them for a particular reason.

Your vision of how things might turn out is certainly possible, but so is the opposite.

One way the opposite could happen is if the US government officially backs bitcoin. They might do this if they realize that by banning mixed coins, it becomes the perfect tool for monitoring everyone's financial activities.

It's unlikely, to be sure. Especially if implementing confidentiality into bitcoin is a real possibility. But without that, it seems at least equally likely as bitcoin crashing due to the ban.



He's explaining in some detail why your assumptions are incorrect, and you're not taking the time to actually read what he's saying.


I read every word. If you have a follow-up argument, let's hear it.

You've been taking the conversations in personal directions -- for example, you accused someone else upthread of having Stockholm syndrome, and now you're saying I didn't read replies. Please engage with the argument, not the person.


I think I've been clear enough. You've been asked repeatedly how a facility could even be constructed that would be effective in your 'go for the exchanges' argument, and have yet to recognize the ineffectiveness of any suggestion you've made. This after repeatedly having it demonstrated to you. Furthermore, you're not presenting new arguments, just re-hashing the same one with more words and the same lack of understanding of the subject at hand.

And I think the stockholm syndrome argument for people who argue for the type of control they think banks have without understanding their limitations is a pretty good description of that argument, especially from someone who, not me, brought up 'denial'. Like I said, these are old arguments and suggestions that wouldn't have been effective four years ago, let alone today, where there is even less possibility of control. For the reasons that have been demonstrated by not just me.




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