I really don't think these types of restrictions will succeed in western countri... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

Ariez on March 15, 2021 | parent | context | favorite | on: India to propose cryptocurrency ban, penalising mi...

I really don't think these types of restrictions will succeed in western countries when you have people like Elon Musk and Jack Dorsey heavily involved.

If crypto only had the underground attention it had 5 years ago, maybe.

spikengineer on March 15, 2021 [–]

Western countries don't need capital controls because they have widely accepted reserve currencies.

This is a developing country risk

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact