- Josh Centers:
So now that the mainstream media knows about Bitcoin, how long until it’s outlawed?
@jcenters Outlawed is probably impossible. But a rigorous attempt to collect sales tax on transactions could screw things up.
- Josh Centers:
@jeffporten They don’t even have to do that. Just ban US Bitcoin transactions, citing terrorism and drug trade. Wouldn’t be far off.
@jcenters I doubt they can ban Bitcoins. It interferes too much with contract law, since the transaction is barter for consideration.