Comment by KetoManx64

I wouldn't be surprised if the US government doesn't attempt something just like this in the next 3-5 years. There are a lot of people fleeing the very inflationary US dollar for BTC. I think at this point it would be too late though. There are too many countries, individuals and corporations around the world that own BTC for it to be successful. There was a long term holder that dumped 24,000BTC onto the market in August and the price dropped down about 5% for maybe half a day before recovering, and it's not going to be long until other countries follow El Salvador's lead and invite Bitcoin owners to live there tax free. If the USA bans Bitcoin there will be a massive brain drain of very intelligent people who will just move to those countries.