“I don’t think governments can stop the idea of cryptocurrency itself. All they are doing is forcing developers out there to create better, more paranoid coins—similar to how the recording industry’s vendetta against Napster didn’t stop music sharing, it enabled it to occur on a much wider scale (they stopped Napster, so the Internet went with Bittorrent).  And really, ‘The lady doth protest too much.’ If cryptocurrency is so untenable and dangerous, as governments maintain, let it collapse on its own lack of merit. Don’t suffocate it with inappropriate classification or authoritarian bans.”

https://medium.com/p/d5545bf0e2cb

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