Why a Government Ban on Bitcoin Would Backfire

Want libertarian ancaps to be billionaires? A Bitcoin ban does that.

I’ve recently written a few articles countering anti-Bitcoin hysteria. Today I want to talk about the reason for answering attacks in the first place, the elephant in the room for anti-Bitcoin articles: what happens if the government bans Bitcoin.

In a nutshell, a ban won’t kill Bitcoin, just slow it. But a ban would, ironically, cause one of history’s…