--On Tuesday, January 21, 2014 7:49 PM -0500 Kelly John Rose <iam@kjro.se> wrote:
Large enough funding to take over 51% of the bitmining regime.
Is there some kind of estimate of the price of doing that? Bitcoin optimists would say that at some point the network will be too big for a single player (even if it's a government) to take over?
Ability to block / adjust internet packets on an international basis
Is it possible to filter bitcoin traffic? The counterargument I've seen is that bitcoin traffic is really light, so it would be possible to 'disguise' it - steganography being the technical term I guess.
If necessary, the police and physical force to take down the players with the most bitcoins quickly and effectively.
Yes. That sound's like a plan. And of course, contrary to James Donald's wishful thinking, governments are pretty efficient at using force to get rid of people who get in their way.
On Tue, Jan 21, 2014 at 7:43 PM, James A. Donald <jamesd@echeque.com> wrote:
On 2014-01-22 07:45, Juan Garofalo wrote:
I'm asking what practical means would governments use to deal with bitcoin if it becomes a real problem for them.
And I am telling you that they will act in a way that is chaotic, incompetent, corrupt, and disorderly.
-- Kelly John Rose Toronto, ON Phone: +1 647 638-4104 Twitter: @kjrose Skype: kjrose.pr Gtalk: iam@kjro.se MSN: msn@kjro.se
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