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3 days agoDoesn’t really matter if there is enforcement, something is worth whatever someone is willing to pay for it.
If someone is willing to pay $100k for 1 Bitcoin then that is what it’s worth.
If someone isn’t willing to pay $100k for a piece of property in Idaho, the police can’t force you to pay that much.
I would say probably yes, because if you leave something like that unenforced, people learn that they can get away with it and the trend spreads.
Sure the enforcement might cost more than it saves today, but it quite likely might cost less than it would cost once the problem expands 5-10 years from today.