No, it should be pretty easy to effectively end them. Just make it illegal to possess, buy, or sell them and suddenly all the corporate interest vanishes, the exchanges disappear, and all the crypto bros quiet down.
Sure, some people would still use them but it'd be a rounding error compared to current adoption.
>Just make it illegal to possess, buy, or sell them
How do you enforce that? This would just drive everyone to KYC-less exchanges.
>corporate interest vanishes
I welcome the abolishment of corporate investment. This wave of corporate dollars have only served to distract, hijack, and pevert the true purpose of cryptocurrency.
>the exchanges disappear
The exchanges disappear? It seems like it would be pretty simple to set up an exchange as an onion service.
So long as there is a easy route to a single cryptocurrency (be it PoS or otherwise) then there is an easy route to any other cryptocurrency via Crypto-to-Crypto pr P2P exchanges.
>Sure, some people would still use them but it'd be a rounding error compared to current adoption.
Rounding error? I think you'll find that we're actually the majority, despite what the mob of custodial money-chasers would have impressed upon you.
Besides, those investors are bound to leave after they lose enough money on the shell game. It's inevitable.
You'd barely need to. Stores aren't going to accept crypto if it's illegal, Visa's not going to keep issuing their crypto cards, Robinhood isn't going to let people buy and sell. All the means by which the vast majority of people who have or use btc use it would go away.
> It seems like it would be pretty simple to set up an exchange as an onion service.
Pick ten people off the street. How many do you think know what that means? If you guessed more than 0, you're living in a bubble.
