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Author Topic: Could countries actually outlaw individual businesses from accepting Bitcoin?  (Read 2612 times)
Ggodinho
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June 04, 2011, 10:46:48 AM
 #21

It is a worrying possibility, because, outlawing bitcoins to business would simply make it too risky (or apparently risky) to accept bitcoins even if it's hard to enforce it.
And I also believe it is not that hard to enforce it. Undercover agents of governments could simply pretend to buy stuff with bitcoins and then if he closes a deal he can arrest the person with a lot of evidence and testimony against the bitcoin receptor.

I believe bitcoins would become more usable only in a situation where the current currencies are in collapse and governments have little control of law enforcement. In a crisis environment only, which bitcoin could  help to end, and only then, be stablished as a widly accepted currency.
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