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Old 07-18-2015
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jeffweico jeffweico is offline
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Default Re: Any Bitcoin or Cyrptocurrency enthusiasts?

Originally Posted by 123 View Post
Bitcoin is great for sellers in my opinion as it reminds me of Liberty Reserve in terms of not having to worry about charge backs etc (hopefully doesn't go down like LR though) but I agree with Jeff I convert it instantly, not interested in speculating fluctuations with my sales atleast
I don't think they can shut it down. Liberty Reserve was centralized and they were not licensed the way they should have been. But Bitcoin is spread out worldwide with the "blockchain".

So, the government could probably declare Bitcoin ILLEGAL if they wanted to, but I don't see how they could stop it.
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