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enchiridion on June 11, 2021 | parent | context | favorite | on: Netherlands must ban cryptocurrencies immediately:...

Could a powerful country just take over Bitcoin as an extension of its fiat?

What would happen if tomorrow the federal reserve announced it will exchange 1 BTC for 50000 USD?

Obviously there would be an immediate price spike... but then what?

charlesmunger8 on June 11, 2021 [–]

> what would happen

cybercrime would skyrocket

enchiridion on June 11, 2021 | [–]

Why? Genuine question.

Also say hi to Warren for me

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