How sturdy is crypto currency? Could Russia using crypto currency spell the end of it?

[Samrob]

If all western countries put the screws to it might it get rid of it?

[COL Mustard]

1. I don't own any, not intending to ever buy it.

National currencies (and multinational currencies like the Euro) are at least backed by Governments. Crypto is backed by, and worth who knows what? But maybe I'm like Larry David in that Super Bowl commercial. I'm never wrong about this stuff.

[Gore1FL]

2. I don't know if there is a good mechanism to "put the screws to it."

Therein lies a challenge.

[KPN]

3. Wouldn't laws prohibiting its use commercially do that?

[Gore1FL]

4. Maybe, but that's a putting the toothpaste-back-in-the-tube sort of a problem.

I wouldn't mind seeing it happen, don't get me wrong.

[mitch96]

5. I'm thinking when a business got hacked and paid via crypto. The feds somehow got most of

the money back..Hacked the crypto? I'm guessing the FBI/CIA/NSA hacker types have a way of knowing where the money is. but But BUT are they willing to show their hand and crush the oligarchs/putins crypto account??....hummmm
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