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It seems this is a direct step towards putting the brakes on Bitcoin. You can bet the new Bitcoin startup investors are recalculating their risk. And that was the goal with the timing of this takedown- to slow future institutional investment in BTC. The govt knows it cannot take down the protocol itself, much like bit torrent, however it can make local corporations through a straw. On the same token, savvy bitcoin startup investors also realize that bitcoin will be around until Star Trek as a sound mathematical model cannot be destroyed by any govt.
parent billions 13 years ago

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