RE: Left-Wing Chronicles: Billionaires Shouldn't Exist.
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I would be absolutely floored if governments didn't try to shut Hive down.
The problem is that there are going to be a hundred other networks out there that pose just as big a threat if not more.
Imagine trying to explain torrents and pirating to people before the Internet existed.
They'd tell you that was impossible.
They'd tell you the government would obviously shut it down.
Is that what happened?
No.
Crypto is exactly the same scenario, except with money and government instead of music and movies.
The stakes are much higher on both sides.
It's not going to be pretty.
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Yeah true, torrents and things like Limewire did change all kinds of shit. Will they go after the ports and hosting companies? I think that's one of the potential attack points. It can be gone around with VPN's and stuff ya but a lot of people won't have the technical knowhow for that yet.
At a certain point if you have a $50k+/year job on blockchain you'll learn VPN real fast if your salary depends on it.
First come the propaganda campaigns (wastes energy, undermines democracy, etc.)
IP block is the most obvious route.
Then delistings from centralized exchanges captured by regulators (Monero).
Then taking the top 0.00001% offenders to court and making a big show about it to instill fear.
You cam after them here. And fortold crypto will not be shut. But will be this underground community the governmenrs frown uporn, yet they can not do anything about it. World economies are too connected and one careless action risks hurting the other and itself real bad. The markets will bring people into crypto and the same markets will push people out if crypto. The cheese hands as you put it. So shall it be in crypto those that study, the other side and handle there emotions will take there cut and enjoy it