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Title: government shutdown Post by: birdman1400 on October 01, 2013, 03:21:34 PM how will government shutdown effect btc?
Title: Re: government shutdown Post by: hayek on October 01, 2013, 04:27:37 PM Litecoin responded positively but I think it was just the market settling.
Crypto won't care, like the honey badger Title: Re: government shutdown Post by: Gimmelfarb on October 01, 2013, 05:46:16 PM no effect. i don't see why there would be a perception of effects on financial markets/speculative assets, but maybe i am missing something here?
Title: Re: government shutdown Post by: CurbsideProphet on October 01, 2013, 05:59:29 PM It won't. This. Stock market up almost 1% today. It's going to take a much bigger catalyst than this or the debt ceiling or something else trivial. Title: Re: government shutdown Post by: DiamondCardz on October 01, 2013, 06:12:53 PM how will government shutdown effect btc? Search function usage will suffer serious decline:https://bitcointalk.org/index.php?topic=305605 And thread quality will drop to a value close to 0. OP, use the search function. To answer your question, BTC will attract a lot more interest, and governments will be put under massive scrutiny by the public. It isn't currently a good idea for governments to attempt to shutdown Bitcoin. Title: Re: government shutdown Post by: countryfree on October 01, 2013, 06:14:11 PM We'll see repercussions on the country's economy, or on the street, before it affects BTC.
Title: Re: government shutdown Post by: theonewhowaskazu on October 01, 2013, 06:59:01 PM the debt ceiling is much more likely to affect BTC price than government shutdown. Government shutdown has more to do with employment/economy/general well-being than currency/debt. It does undermine the trust in government just a bit more, though.
Title: Re: government shutdown Post by: johnyj on October 02, 2013, 10:59:29 AM It's very interesting to see that people have a strange trust in USD, they might believe that even the government went bankrupt, the USD will still hold its value
Before, I thought the USD's trust largely comes from the backing of the government, it seems not so, people regard money as a very abstracted concept Title: Re: government shutdown Post by: zachcope on October 02, 2013, 12:39:29 PM Which government?
;D USA will hold on to their dollars untill the bitter end... :'( |