• Josh Centers:
    So now that the mainstream media knows about Bitcoin, how long until it’s outlawed?

Outlawed is probably impossible. But a rigorous attempt to collect sales tax on transactions could screw things up.

  • Josh Centers:
    They don’t even have to do that. Just ban US Bitcoin transactions, citing terrorism and drug trade. Wouldn’t be far off.

I doubt they can ban Bitcoins. It interferes too much with contract law, since the transaction is barter for consideration.

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