Replying to Avatar HoloKat

I think most will answer with game theoretical competition. One crackdown opens opportunity for a bolder nation to be less restrictive.

I don’t know if that’s the only answer or is a good one even …
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BoomTown 2y ago

Also, consider the cost of enforcing regulations. Bitcoin’s decentralization and digital nature imposes a cost on regulators trying to control the use of free market forces. And, if the money printer is no longer effective, then the costs to enforce might limit the duration regulation can be imposed.

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Merrcurr⚡️ 2y ago

Interesting but the cost of enforcing regulations is also deflationary mainly due to leaps in technology like AI

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BoomTown 2y ago

Automated enforcement still requires the cost of physical world deterrents.