The world of cryptocurrency is ever-evolving, and one of the most popular digital currencies is Bitcoin. Bitcoin has been around since 2009, and it has become increasingly popular over the years. Despite its popularity, there are still many questions surrounding Bitcoin and its future. One of the most common questions is whether or not Bitcoin can be stopped.
Caitlin Long, a finance expert and former Wall Street executive, recently wrote a blog post on the topic of Bitcoin and its unstoppable nature. In her post, she explains that Bitcoin cannot be stopped, and that regulators will only be playing a game of “Whack-a-Mole” when it comes to trying to control it.
Long explains that Bitcoin is decentralized, meaning that it is not controlled by any one entity. This makes it difficult for governments and regulators to control it. She also explains that Bitcoin is censorship-resistant, meaning that it cannot be blocked or censored by any government or regulator.
Long goes on to explain that while governments and regulators may be able to put some restrictions on Bitcoin, they will never be able to completely stop it. She explains that the only way to truly stop Bitcoin is to shut down the internet, which is impossible.
Long also explains that while governments and regulators may be able to put some restrictions on Bitcoin, they will never be able to completely stop it. She explains that the only way to truly stop Bitcoin is to shut down the internet, which is impossible.
Long’s blog post is a great reminder that Bitcoin is here to stay, and that regulators will only be playing a game of “Whack-a-Mole” when it comes to trying to control it. It is clear that Bitcoin is an unstoppable force, and that it will continue to be a major player in the world of cryptocurrency for years to come.
tldr; Crypto-friendly Custodia CEO Caitlin Lengthy stated regulators would “be taking part in Whack-a-Mole” with issues in the event that they continued to suppress Bitcoin (BTC). The SEC served Coinbase a Wells Discover on March 22. Lengthy identified the crypto business has had a “blanketing” of enforcement actions.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*