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/biz/ - Business & Finance

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8406731 No.8406731 [Reply] [Original]

What happens when private coins are outlawed and taken off exchanges?

>> No.8406911

Since we're talking about hypotheticals what happens when this happens.

https://www.irishtimes.com/business/financial-services/aib-hires-banks-for-bail-inable-bonds-under-new-rules-1.3429975

>> No.8406951

I don't know if you are five years old or just retarded but the value of money is purchasing goods and services and that is what Bitcoin was used for and there were no exchanges for it or any of this other shit it was a way to exchange value without going through the financial system and that ability will still be there the government can't stop it

>> No.8406981

>>8406911
Whats the TLDR on that
Is G20 netting on Monday to discuss banning these Irish bail bonds?

>> No.8407003

>>8406731

they literally succeed at their goal and gain more value?

>> No.8407009

>>8406731
Well they tank in price and become harder to get.

>> No.8407027
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8407027

>>8406731
>What happens when private coins are outlawed and taken off exchanges?

the price will skyrocket

>> No.8407040

>>8406951
Take a writing seminar this is nigger tier

Govt can’t stop it but that get delist it from exchanges, make it harder to get fiat and reduce the market, this could substantially reduce the dollar value of Monero or any other privacy coin.

>> No.8407387

>>8407040
t. dumb nigger

>> No.8407620

>>8407387
Back to worldstar jamal

>> No.8407665

>>8407040
no people will just find other ways to trade them

>> No.8407696

>>8406731
Anyone who wants privacy will use the one that's illegal.

>> No.8407705

>>8406731
>Invest in XTCC, based off of Stellar Lumens as its own soon to be hardfork, it will be the supreme privacy coin.

>> No.8407744

They'll be traded on DEXs

>> No.8407756

>>8407696
This.

>> No.8407768

>>8407027
No, the price would go down. BTC et al. are only as high as they are now because of speculation. Once people can't speculate with them, the price will drop like a rock.

>> No.8407792
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8407792

>>8406731
how does the study find this information?

>> No.8407820

>>8406731
well then you would need Kyber Network

>> No.8407829

>>8407792
obviously they phoned up the top russian cyber criminals and asked them what their favorite cryptocurrency was

>> No.8407831

>>8407040
Thanks god that decentralized exchanges are the future, then.
If any coin has real life use, that is monero and similar currencies. Even BTC if it goes with some soft fork for privacy.

>> No.8407845

>>8407792
vested interests in the governments feed them

>> No.8407875

Time to buy Monero and Zcash

>> No.8408073

>>8406911
I don't understand this :(

>> No.8408121

>>8407768
Monero's price is mainly from money laundering and black market instead of speculation.

>> No.8408645

>>8407665
Sure but normies aren’t going to want to deal with it.
>marketcap decreases

>> No.8408705

>>8407768
wrong. btc is useless, and why its price is tied to speculaiton only.

monero on the other hand is actually used for real world transactions, making ti valuable no matter what happens.

>> No.8408744

>>8408705
Except value isn’t binary