>>509529327>At the time, Bitcoin was for buying drugs and child porn.This is the reason why I thought it'd never be a thing.
At the very latest when the Feds shut down Silk Road I was sure it was going to be banned by the govts because why wouldn't it be, there is literally no upside to it existing for the govts the only use for it was buying drugs and other illegal shit, and even today its mostly used for money laundering and tax evasion.
Of course should have realised that govts are incompetent and almost never do what is rational, and also trust that they are so slow to move they wouldnt do shit about it like they didnt until it became big enough for all sorts of investors and then lobbyists to get involved and at that point it became 'too big to fail'