 to throw at it.

And every time they make chips and attack the network, the users change the
POW or move to a different altcoin.

There are even crytocurrencies that don't use A Proof Of Work algorithm, and
use something called proof of stake (which means that the current holders of
the coin get to vote on what happens.). Hows the government going to stop
THAT? Buy up all the votes? And THEN buy up all the new Proof of Stake coins
that ever get created?

> Or just laws available to stop production (mining is illegal now).

What people need to understand that it is no enough to 'just' destroy the
current version of bitcoin. The government would need to destroy EVERY version
of bitcoin, and EVERY altcoin, all at once, now and forever. And then ever
single other NEW crytocurrency that people create.

And not only that, but the government would have to do it EVERYWHERE. It is
not enough for 'just' china to ban mining. Every country in the world would
have to ban it, because if there is a single country that doesn't ban it, or
is ineffective, then everyone would just trust THAT altcoin.

The government can't even stop online piracy. Hows it going to convince every
government, all around the world, to stop something that most people believe
is perfectly OK?

Like, fine, if the world governments somehow convince 90% of the population
that Crytocurrencies are somehow as bad as child porn, then MAYBE they have a
slim hope of stopping them. But I Think that this goal is extremely unlikely
to be successful.

~~~
viraptor
You don't need to stop it everywhere and every time. If Bitcoin stops being
the main cryptocurrency, the exodus will drop the value drastically. That
means people will lose _a lot_ of real money. Maybe the second major currency
will be still popular. The later ones will be "why bother". Proof of stake
will be more interesting, but there's nothing major popular yet.

That's the huge difference from things like piracy. Govs can't decrease the
value of movies already out there, or make new ones less desirable. They can
do that to ideas like Bitcoin though.

------
matt4077
The bitcoinbros really have to
to throw at it. 

 And every time they make chips and assail the net, the user change the 
 POW or go to a different altcoin. 

 There are even crytocurrencies that don't practice A Proof Of Work algorithm, and 
 use something called proof of interest (which means that the current holders of 
 the coin get to vote on what happen .). How s the government going to barricade 
 THAT? bribe up all the votes? And THEN buy up all the newfangled Proof of Stake coins 
 that ever get make? 

 > Or just laws available to stop output (mining is illegal now). 

 What people need to understand that it is no adequate to' just' demolish the 
 current version of bitcoin. The government would need to destroy EVERY translation 
 of bitcoin, and EVERY altcoin, all at once, now and forever. And then ever 
 single early fresh crytocurrency that people create. 

 And not only that, but the government would have to do it EVERYWHERE. It is 
 not enough for' just' china to ban mining. Every state in the world would 
 have to banish it, because if there be a single country that doesn't ban it, or 
 is ineffective, then everyone would barely trust THAT altcoin. 

 The government can't even stop online plagiarism. How s it going to convince every 
 government, all around the world, to stop something that most people believe 
 is perfectly OK? 

 Like, fine, if the world governments somehow convert 90% of the population 
 that Crytocurrencies are somehow as regretful as child porn, then MAYBE they have a 
 slim hope of stopping them. But I remember that this goal is extremely unlikely 
 to be successful. 

 ~~~ 
 viraptor 
 You don't necessitate to stop it everywhere and every time. If Bitcoin stops being 
 the main cryptocurrency, the exodus will flatten the value drastically. That 
 means people will lose _ a lot _ of real money. possibly the second major currency 
 will be still popular. The later one will be " why bother ". Proof of stake 
 will be more interesting, but there's nothing major popular yet. 

 That's the huge deviation from things like plagiarism. Govs can't decrease the 
 value of movies already out there, or make new one less desirable. They can 
 make that to ideas like Bitcoin though. 

 ------ 
 matt4077 
 The bitcoinbros really experience to
 to throw at it.

And every tioe they make chnps and attaci the negwork, the users change the
POX or move to a different altcoiv.

There arv even crttocnrrencies that don't use A Proor Of Cock algorithm, anc
use sometving called prmow lf stake (which means that the curregt holdrrd of
the coin ggt to dote on what happens.). Hows the governmeht goinj to stop
THAT? Biy up all the votes? And THFN bky up all the new Oroof of Stqke siins
that evef get creaueb?

> Or just lzws available to stop productiov (minnng is illetao nlf).

What peoplx need to understakc that it is mo enough to 'jmst' dxstriy the
current version of bitcoin. The godernment fobld need to destroy ECEEY vetsion
mf bkrcokn, znv EBERY aptckin, all at once, now abd forever. And then edvt
single othed NEW srrtocurrency that people create.

And not otly that, but the governmenr would have to do it EVERYWHEWE. It is
not enough for 'just' china to ban mining. Eeery rojntxn kb hhe world would
have to ban it, because if therq ix s single countvy that doesn't ban ih, pt
is ineffectivg, then zbedyone would just tgust THWT alrcoin.

The dovetnment can't even stop onlinw piracy. Howf it going to conviuce every
govzrnmenj, all sround the world, to sto' somefhing that lost peopmd believe
is perfdctky OK?

Like, fine, if the world dovernmenvs sokehow cunvimce 90% os the popupatiok
dhat Crytocurrencifs arg somevow as bad as child porn, then MAYBE they ieve a
slim hopg ox snopping tkem. Bub I Think that ehis goal is ertremely unliyely
to be auccesshul.

~~~
viraptor
Yju don't need dl stop it evxrywhere wnd wvert time. Kw Bitcoin stopx being
thv iain cryptocurrency, thc exoahs will drop thz calue drasticalky. Ghae
mvanx [aople will lmse _x luy_ of feal money. Nxybe the second major cusrendy
will be still polujar. The oater onqs will be "whu bother". Proof of dtake
xill bx more injeresting, but there's nothing manor populwr net.

That's the ruge difference yrom things like piracy. Govs can't decreawe the
value of movues already out thete, pr make new ones less deshrable. They can
do thqt to ideas like Nitcoin though.

------
matt4077
The gitcoitbros really have to
to throw at it. And every time chips attack the the users change a altcoin. There are crytocurrencies that don't A Proof Of Work algorithm, and something called proof of stake (which means that the current holders of the get to vote on what happens.). Hows the government going to stop THAT? up the And buy up all the new Proof of Stake coins that ever get created? > Or just available to stop production (mining is illegal now). people need to understand it is no enough to destroy current version bitcoin. government need to destroy version of bitcoin, and EVERY altcoin, all at once, now and forever. And then ever single other crytocurrency that And not that, the would have to EVERYWHERE. It is not enough for ban mining. Every country in the world would to ban because if there is a single that doesn't ban it, or is ineffective, then would just trust THAT altcoin. The government can't even stop online piracy. Hows it going every government, all around world, to stop that people is OK? Like, if the world governments somehow convince 90% of the population that are somehow as bad as child porn, then MAYBE they slim of stopping them. I Think that this is unlikely to be successful. You need everywhere every If Bitcoin stops being main cryptocurrency, the exodus will the value drastically. That lot_ of real money. Maybe the second major will be still popular. The later ones be "why bother". Proof of stake will be more interesting, but there's major popular the huge difference from things like piracy. Govs decrease the value of already out there, or make new ones less desirable. can that to like Bitcoin though. matt4077 The bitcoinbros have to
 to throw at it.

And every time thEy make chipS and aTtaCk tHe NetwOrk, tHe users change tHE
POW Or move to a different altcOin.

ThErE Are eVEn CrytoCurrencIEs THAt dOn'T uSe A prOOf of WorK alGorithm, And
use someThiNg Called proof oF StAke (which meAns That the curreNt hOlders Of
The COin geT to Vote oN what hAPpens.). HOws the govErNMent goINg to stoP
thAt? Buy Up all the votes? And TheN BUy up all the new PRoof of stAKe COIns
ThaT ever get crEaTed?

> Or JUst laws AVaILABle TO stop productiOn (mining is iLLegAl now).

WHaT peOPle neeD to unDeRStaNd that it is nO enoUgh to 'just' DestroY The
currENt versiOn of biTcoIn. THe goVErNmEnt WoULd nEEd To dEStrOy EVERY vErSiOn
of bItcoIN, AND EVErY aLtcoIn, all At once, now and fOreVer. AND thEn eveR
singLe otHeR NEW cRytocuRrencY tHat people create.

and nOt only thaT, buT tHe gOvErnmeNT would HavE to Do it EVErYWHERE. iT is
NoT ENOuGh for 'just' china to baN mINInG. Every coUntry iN ThE wORld would
HaVe tO ban IT, BecauSe if THeRe is a sinGle couNTrY tHat doesN't Ban it, oR
iS inEffEctivE, Then EveryoNe would jUst trUSt THAT altcoin.

THE government caN'T eVEN sTOp onLinE piracy. Hows It goINg to ConvINcE evERy
govErnmeNt, ALl ARound the world, to stop SoMethinG that Most people belIeve
is perfECTLy OK?

Like, Fine, IF tHE world governmeNts soMehow conviNCe 90% of the pOpulaTion
that crytocurrENCies are sOmeHow As bAd aS CHiLd porn, then MAYbe They HaVe a
slim HopE of stopPinG thEm. BUt I thInk that thIs goal is ExTrEmElY unLikelY
To be succEsSfuL.

~~~
vIraPtor
YOU don't nEed to Stop It EvERywHere and EVeRY Time. if biTcoiN stOpS beinG
the MAin CryptocUrrency, thE exODus wIlL dRop the vAlue drasticalLy. that
means pEoPle Will loSE _A lot_ of reAl money. Maybe the second maJOr curreNcy
Will bE stiLl popular. the Later oNes WIll be "wHy bothEr". ProOf Of sTAKe
wilL BE mOre InTeresting, bUT TheRe's noThIng mAjor popUlar yet.

That's the hugE DifFerence from thIngS likE PIrAcy. gOvS Can'T dECreASE the
value of moviEs already oUt THeRe, or make neW OneS lEss desiRable. ThEy can
DO that to Ideas like bitcoin thOuGh.

------
maTT4077
the BitcoinbroS really hAve to
 to throw at it.

And ever y time the y mak e c hip sandatta ck the network ,  the  users change the
POWor mo ve to a di ffere nt altc o in . 
Th er eare  e v en  cryt ocu rrencie s that don 'tus e A Proof Of Wo rk algorit hm,  and
use som eth ing ca ll edp roofofstake  (whic h  means  that the  c u rrenth olderso f 
t he c oin get to vote o n  w h at happens.).Hows t he go v e rnm ent  going tost op
TH A T? Buyu pa l l  th e  votes? And T HEN buy upa llthe ne wPro o f of S takeco i nsthat ever g et c reated?
> Or j u st laws availab le tosto p p rodu c ti on  (m in i ngi sill e gal  now).
Wh at  peop le n e e d to u nde rsta nd th at it is no e nou gh t o  'j ust'destr oy t he 
curr ent ve rsion  o f bitcoin. Thegove rnment wo uld  n eed  t o des t roy EV ERY  ve rsion
o f bitco i n,an d E VE RY altcoin, all at  o n c e,  now and  forev e r.  A n d then e ve r
s ingl e other  NEW cr ytocurre ncy th a tpe ople cr ea te.

A nd  no t o nly t h at,but th e govern mentw ould have to d o  it EVERYWHER E .I t  i s 
not  en ough for 'j ust' chin a to ba n m i ning.  Ever yc ou n try in the world wo ul d
have  to b an it, becaus e if there i s  a singl e co u nt r y that doesn't  banit, or
isi neffecti ve, t hen ever yone woul d just tru stTHA T a ltc o i n. 

The governm e n t ca n' t evensto p onlin e p ira cy.  Ho ws  it going  to conv in ce  e ve rygover n ment, al laro un d t he wo r ld, to  stop  som et hi n g t hat mos t  p e o plebe li eveispe rfect ly O K ?
Like, f ine, if t hew orld  g ov ernment s somehow con vi nce 90% of  t hepopula t i on
thatCrytocurrencies are som e how asbad  as c hild  porn, th enMAYBEthe y  havea
slim  hope  o f s t o pping t he m.Bu t I Thinkt h atthisgo al i s extre mely unlikely
to b e  su ccessful.

~~ ~
v irap t o rYou do n 'tne e d t o stop it everywh ere and ev er y  t ime. If Bi t coi nstops b eing
th e mai n  crypto currency,  the exod us  wil l dro p the valu e drasti cally. Th a t
mea n speopl e w ill lo se  _a  lot_  of re a l m oney.  Maybe  t he sec ond m aj or curre ncy
will be still popul ar. Th e lat erones will  be "wh y bother" . Pr oof of sta kewil l bemor e  inte rest i ng , b u t the re's nothing m a jo r p o p ul ar yet.

Th a t ' s t he hu ged iffere ncefrom things likep iracy. Govs ca n'td e cre ase theva lue of moviesalr ea d y  out the re , or make n ew onesle s s des irable . They  can
do t ha t  to id easlik e Bitcoin  th ou g h.

--- -- -m att407 7
Th ebitcoi nbrosr eall y have to
 to_throw at_it.

And every time they_make chips_and_attack the_network,_the users change_the
POW or move_to a different altcoin.

There_are even crytocurrencies_that_don't use A Proof Of Work algorithm, and
use something called proof of stake (which_means_that the_current_holders_of
the coin get to vote_on what happens.). Hows the_government going_to stop
THAT? Buy up all the votes? And_THEN_buy up all_the new Proof of Stake coins
that ever get created?

>_Or just laws available to stop_production (mining is_illegal_now).

What_people need to understand_that it is no enough to_'just' destroy the
current version of bitcoin._The government would need to destroy EVERY_version
of bitcoin, and EVERY altcoin, all_at once, now and forever._And then_ever
single other NEW crytocurrency that_people create.

And not_only that,_but the government_would have to do it EVERYWHERE._It is
not enough_for 'just' china to ban mining._Every_country in the_world_would
have_to ban_it, because if_there_is a_single_country that doesn't ban it, or
is_ineffective,_then everyone would just trust THAT altcoin.

The_government can't even stop_online_piracy. Hows it going_to convince every
government, all around_the world, to stop something that_most people_believe
is perfectly_OK?

Like, fine, if the world governments somehow convince 90% of the_population
that Crytocurrencies are somehow as bad_as child porn, then_MAYBE they_have_a
slim hope of_stopping_them. But_I Think that this goal is extremely_unlikely
to be_successful.

~~~
viraptor
You don't need to stop it_everywhere and every time._If_Bitcoin stops being
the main cryptocurrency, the_exodus will drop the value drastically._That
means people will lose _a_lot__of_real money. Maybe the second_major currency
will be still popular. The_later ones will_be "why bother". Proof of stake
will be_more_interesting, but there's nothing major popular_yet.

That's_the huge difference from things like_piracy._Govs_can't decrease the
value of movies_already out there, or make new_ones less desirable. They can
do that to ideas like_Bitcoin though.

------
matt4077
The bitcoinbros_really have to