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0 pointsjohnmaguire1y ago0 comments

Did Apple cave to UK's demands? I thought instead they removed their product from the market, like Signal.

We're talking about companies though, not technology. Something like Bitcoin or BitTorrent can be regulated, but not stopped.

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lxgr1y ago

Not fully, but making transacting in Bitcoin outright illegal would probably go a long way to making it completely unattractive to 99% of all potential users.

And if Apple and Google were forced to remove all wallets from their app stores, it would largely be game over.

ghaff1y ago

Transacting in Bitcoin is already unattractive to 99%+ of potential users.

TheAmazingRace1y ago

In addition, simply taking out the on/off ramps, such as Coinbase, would destroy the utility of cryptocurrency as well, since the grand majority of folks dealing in the stuff are only interested in flipping it for more cash money on the other end by finding the next sucker in the chain.

Very few people actually care about the principles of Bitcoin and the like. Maybe the core devs and some very early adopters?

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