If you get rid of cocaine, the need for rehab centers also vanishes. There is no... | Hacker News

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		sneak 8 months ago \| parent \| context \| favorite \| on: Brazil's government-run payments system has become... If you get rid of cocaine, the need for rehab centers also vanishes. There is no way to “get rid of cryptocurrencies” at this point save for shutting off the internet. It is not within the power of the state to prohibit, any more than prostitution or cocaine.

amrocha 8 months ago [–]

Sure, there would be a black market for it, but that black market would be a lot smaller than the open market we have right now.

There’s plenty of legal ways of exchanging cryptocurrencies for real currencies, shutting those down would be a good start.

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