>>3005080>i was led to believe cryptocurrencies don't really lend themselves to that type of controlThe government has no direct power over the currency itself, but they can easily make the currency outlawed in shops. If there is no place to use it, it will lose its value.
Another thing is that the transactions in Bitcoin are very slow. Can take up to a day, which means that if the ship is going down, you are going down with it because you can't sell it fast enough.
>i'd expect some sort of campaign to discredit bitcoin in the public's opinion firstThey can portray it as this "shady way of paying that criminals use" and discredit it.
It is really interesting topic.