Can someone explain to me why I should be terrified of a CBDC but Bitcoin I should be excited about. All this talk from Trump about bitcoin is quite frankly not comforting to me. I don’t trust any of it.
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (25)
sorted by:
Read big vs small block wars. They 100pct can create ban lists and make your btc unusable.
If you try to convert BTC back to USD, then maybe. But for any regular Bitcoin transactions, no they cannot.
They can. Research block wars in early bitcoin. This was sn early fear, front end or bavk end lists. You can regulate or ban and prosecute. So theoretically that btc could be used in black market but at lower value, but risk of getting caught outweighs normalization of it.
You know how easy it is to create a wallet to bypass that block list? Even then, you can't stop someone from sending or receiving Bitcoin unless you own the entire block chain, which no one does. Those "blacklists" don't control the entirety of the block chain. They can only be enforced on a separate layer
You didnt study block wars from early bitcoin days. Yes you 100pct can control ability to use and arrest those using banned tokens.