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Bitcoin Forum > Other > Politics & Society > if cryptocurency is outlawed by all governments does that make it more valuable?
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Author Topic: if cryptocurency is outlawed by all governments does that make it more valuable?  (Read 414 times)
frankenmint (OP)
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March 28, 2015, 04:58:33 AM
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Or do people ditch it altogether?  What are your opinions?

I think it becomes less valuable because people wouldn't want to risk legal harm to their assets pre-bitcoin.
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manis
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March 28, 2015, 05:04:16 AM
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Quote from: frankenmint on March 28, 2015, 04:58:33 AM
Or do people ditch it altogether?  What are your opinions?

I think it becomes less valuable because people wouldn't want to risk legal harm to their assets pre-bitcoin.

Less valuable. Big money from VCs and Wall Street-types won't flow in.
That is an automatic dampener of price.
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March 28, 2015, 05:16:17 AM
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If its being outlawed by all governments then the low demand will kill the price. It would be a hard to buy/sell large quantity of bitcoin
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March 28, 2015, 05:24:13 AM
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No it will lose it's value since it will become hard for users to find others who use the same currency and are willing to trade goods or services for it.
 

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