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The saying “government will ban Bitcoin” is one of the most frequently used pieces of FUD. It is something that every Bitcoiner intellectually wrestles with on their journey down the Bitcoin rabbit hole. It is a frequently cited reason by those skeptical of Bitcoin to justify their reluctance to explore further education. Thankfully many excellent writers have written extensively debunking this piece of FUD. Bitcoiners often emphasize the logistical challenges, intense resource costs, game-theoretical complexities, and the sheer implausibility of any attempt by the State to outlaw Bitcoin. While Bitcoiners hail these writings as compelling evidence of the inevitable advent of…
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