--- title: "Meaning & Key Takeaway of: If the U.S. government tries to restrict…" description: "\"If the U.S. government tries to restrict or clamp down, that just means there will be many more bitcoin businesses in Hong Kong and Singapore, and all ..." image: "https://sms4smile.com/quotes/i/899/roger-ver-15354_bitcoin_if-the-u-s-government-tries-to-restrict_151802.jpg" --- # If the U.S. government tries to restrict or clamp down… ![“If the U.S. government tries to restrict or clamp down, that just means there will be many more bitcoin businesses in Hong Kong and Singapore, and all those Americans will miss out on all the opportunities.” quote by Roger Ver](https://sms4smile.com/quotes/i/899/roger-ver-15354_bitcoin_if-the-u-s-government-tries-to-restrict_151802.jpg) [Download](https://sms4smile.com/quotes/i/899/roger-ver-15354_bitcoin_if-the-u-s-government-tries-to-restrict_151802.jpg) [Open image](https://sms4smile.com/quotes/i/899/roger-ver-15354_bitcoin_if-the-u-s-government-tries-to-restrict_151802.jpg) > “If the U.S. government tries to restrict or clamp down, that just means there will be many more bitcoin businesses in Hong Kong and Singapore, and all those Americans will miss out on all the opportunities.” [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. If the US restricts Bitcoin, businesses will relocate to Hong Kong and Singapore, causing Americans to miss opportunities. **In simple terms:** US restrictions push crypto abroad, hurting Americans. Key Takeaway Advocate for open crypto policies. Themes cryptocurrency regulation global markets Mood cautious optimistic Type financial policy When to use this quote - financial services - investment Key Concepts bitcoin businesses regional policy Questions to Reflect On - What benefits could US crypto regulation bring? - How can Americans stay involved despite restrictions? A Different Perspective Regulation may protect consumers. ★ ★ ★ ★ ★ No ratings yet [Bitcoin](https://sms4smile.com/quotes/about/bitcoin/) [Government](https://sms4smile.com/quotes/about/government/) [Hong kong](https://sms4smile.com/quotes/about/hong-kong/) [Politics](https://sms4smile.com/quotes/about/politics/) ## Related quotes > [Setting regulatory certainty is very important for bitcoin. I'm opposed to the regulations, but the bitcoin businesses need to know the rules of the…](https://sms4smile.com/quotes/roger-ver/setting-regulatory-certainty-is-very-important-for-bitcoin-i-m/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Unless we make education a priority, an entire generation of Americans could miss out on the American dream.](https://sms4smile.com/quotes/blanche-lincoln/unless-we-make-education-a-priority-an-entire-generation-of-americans/) [Blanche Lincoln](https://sms4smile.com/quotes/author/blanche-lincoln/) > [The more things a government undertakes to do, the fewer things it can do completely. When the government tries to do everything it must…](https://sms4smile.com/quotes/henry-hazlitt/the-more-things-a-government-undertakes-to-do-the-fewer-things-it-can/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) > [One lesson of Sept. 11 is that a government that tries to do everything is likely to do most of it badly.](https://sms4smile.com/quotes/mark-steyn/one-lesson-of-sept-11-is-that-a-government-that-tries-to-do/) [Mark Steyn](https://sms4smile.com/quotes/author/mark-steyn/) > [When government tries to make people more equal, it makes them more unequal.](https://sms4smile.com/quotes/james-cook/when-government-tries-to-make-people-more-equal-it-makes-them-more/) [James Cook](https://sms4smile.com/quotes/author/james-cook/) > [If you look at government policy generally, what government tries to do in all instances is to make sure that we take care of…](https://sms4smile.com/quotes/thabo-mbeki/if-you-look-at-government-policy-generally-what-government-tries-to/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [“When a government tries to consume a country, the people will destroy them. Fear is overrated, now what controls masses is need for survival”](https://sms4smile.com/quotes/kimberly-loskov/when-a-government-tries-to-consume-a-country-the-people-will-destroy/) [Kimberly Loskov](https://sms4smile.com/quotes/author/kimberly-loskov/) > [It will be, I suppose, a foolhardy Government that tries to push through legislation making knowledge of both official languages one of the qualifications…](https://sms4smile.com/quotes/judy-lamarsh/it-will-be-i-suppose-a-foolhardy-government-that-tries-to-push/) [Judy LaMarsh](https://sms4smile.com/quotes/author/judy-lamarsh/) > [If someone from the government tries to put his hands on your money... run away as fast as you can and tell the nearest…](https://sms4smile.com/quotes/andrew-klavan/if-someone-from-the-government-tries-to-put-his-hands-on-your-money/) [Andrew Klavan](https://sms4smile.com/quotes/author/andrew-klavan/) > [ When the government tries to invade the church to enforce its own opinion on \[gay\] marriage, that's when it's time to resist. ](https://sms4smile.com/quotes/rand-paul/when-the-government-tries-to-invade-the-church-to-enforce-its-own/) [Rand Paul](https://sms4smile.com/quotes/author/rand-paul/) > [I think examples of free market transactions between peaceful people using Bitcoin and the Internet, I think it's a wonderful thing. It's going to…](https://sms4smile.com/quotes/roger-ver/i-think-examples-of-free-market-transactions-between-peaceful-people/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Because the supply of Bitcoin is limited, the price of Bitcoin is going to have to increase and increase very substantially over time. My…](https://sms4smile.com/quotes/roger-ver/because-the-supply-of-bitcoin-is-limited-the-price-of-bitcoin-is/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [I don't think it's any sort of stretch of the imagination to say that, very, very realistically, each single bitcoin, if bitcoin becomes popular,…](https://sms4smile.com/quotes/roger-ver/i-don-t-think-it-s-any-sort-of-stretch-of-the-imagination-to-say-that/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Monero at a protocol level is very, very private and has that big advantage over bitcoin.](https://sms4smile.com/quotes/roger-ver/monero-at-a-protocol-level-is-very-very-private-and-has-that-big/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Once people see Bitcoin and how it works, they realise this isn't just a flash in the pan.](https://sms4smile.com/quotes/roger-ver/once-people-see-bitcoin-and-how-it-works-they-realise-this-isn-t-just/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) ## More by Roger Ver > [The U.S. is making it extremely difficult for me to stop being American.](https://sms4smile.com/quotes/roger-ver/the-u-s-is-making-it-extremely-difficult-for-me-to-stop-being-american/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Bitcoin is amazingly transformative because it's the first time in the entire history of the world in which anybody can now send or receive…](https://sms4smile.com/quotes/roger-ver/bitcoin-is-amazingly-transformative-because-it-s-the-first-time-in/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Gox is the worst-run business in the history of the world.](https://sms4smile.com/quotes/roger-ver/gox-is-the-worst-run-business-in-the-history-of-the-world/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Once people see Bitcoin and how it works, they realise this isn't just a flash in the pan.](https://sms4smile.com/quotes/roger-ver/once-people-see-bitcoin-and-how-it-works-they-realise-this-isn-t-just/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [If there's another iPhone that's better, that's sad for my old iPhone. But it means we get to use a better one.](https://sms4smile.com/quotes/roger-ver/if-there-s-another-iphone-that-s-better-that-s-sad-for-my-old-iphone/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Monero at a protocol level is very, very private and has that big advantage over bitcoin.](https://sms4smile.com/quotes/roger-ver/monero-at-a-protocol-level-is-very-very-private-and-has-that-big/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Voluntaryism is the idea that all human interactions should be free of coercion, based on individual self-ownership. This is in contrast to socialism, which…](https://sms4smile.com/quotes/roger-ver/voluntaryism-is-the-idea-that-all-human-interactions-should-be-free/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Bernie Madoff... was regulated up and down and every which way, and it didn't do any good - he ran away with everyone's money.](https://sms4smile.com/quotes/roger-ver/bernie-madoff-was-regulated-up-and-down-and-every-which-way-and-it/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [I don't think it's any sort of stretch of the imagination to say that, very, very realistically, each single bitcoin, if bitcoin becomes popular,…](https://sms4smile.com/quotes/roger-ver/i-don-t-think-it-s-any-sort-of-stretch-of-the-imagination-to-say-that/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [Because the supply of Bitcoin is limited, the price of Bitcoin is going to have to increase and increase very substantially over time. My…](https://sms4smile.com/quotes/roger-ver/because-the-supply-of-bitcoin-is-limited-the-price-of-bitcoin-is/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [I do think that overall blockchains are likely to be a much more powerful force for good than evil.](https://sms4smile.com/quotes/roger-ver/i-do-think-that-overall-blockchains-are-likely-to-be-a-much-more/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [I don't have much faith... in the government police.](https://sms4smile.com/quotes/roger-ver/i-don-t-have-much-faith-in-the-government-police/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [I am tired of seeing real criminals, with lots of victims being ignored, while traditional law enforcement is busy going after perpetrators of victimless…](https://sms4smile.com/quotes/roger-ver/i-am-tired-of-seeing-real-criminals-with-lots-of-victims-being/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [I think examples of free market transactions between peaceful people using Bitcoin and the Internet, I think it's a wonderful thing. It's going to…](https://sms4smile.com/quotes/roger-ver/i-think-examples-of-free-market-transactions-between-peaceful-people/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [I consider the guys at Mt. Gox my friends.](https://sms4smile.com/quotes/roger-ver/i-consider-the-guys-at-mt-gox-my-friends/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) [Explore all 43 Roger Ver quotes ](https://sms4smile.com/quotes/author/roger-ver/) ## More Bitcoin quotes > [The bitcoin network is not a payments network and it is not a scaling network.](https://sms4smile.com/quotes/sam-bankman-fried/the-bitcoin-network-is-not-a-payments-network-and-it-is-not-a-scaling/) [Sam Bankman-Fried](https://sms4smile.com/quotes/author/sam-bankman-fried/) > [I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be…](https://sms4smile.com/quotes/brad-garlinghouse/i-had-been-exposed-to-bitcoin-early-i-thought-the-consumer/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [In 2008, Bitcoin was mysteriously introduced to the world in an obscure, technical paper written under the pseudonym Satoshi Nakamoto. By late 2013, the…](https://sms4smile.com/quotes/steve-hanke/in-2008-bitcoin-was-mysteriously-introduced-to-the-world-in-an/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) > [We need to come up with use cases for this technology that drive clear benefits for individuals and institutions - these are our customers.…](https://sms4smile.com/quotes/abigail-johnson/we-need-to-come-up-with-use-cases-for-this-technology-that-drive/) [Abigail Johnson](https://sms4smile.com/quotes/author/abigail-johnson/) > [Sir Richard Branson started out as a small business owner and now owns a conglomerate that will give you a ride to the moon.…](https://sms4smile.com/quotes/perianne-boring/sir-richard-branson-started-out-as-a-small-business-owner-and-now/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor…](https://sms4smile.com/quotes/perianne-boring/exchanging-bitcoin-on-behalf-of-ransomware-victims-should-not-be/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Until part of your paycheck is regularly paid in Bitcoin, I'm not sure how it would really go mainstream. I can imagine places in…](https://sms4smile.com/quotes/gavin-andresen/until-part-of-your-paycheck-is-regularly-paid-in-bitcoin-i-m-not-sure/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) > [Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.](https://sms4smile.com/quotes/tyler-winklevoss/calling-bitcoin-volatile-it-s-a-non-statement-unregulated-assets-with/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We see bitcoin as potentially the greatest social network of all.](https://sms4smile.com/quotes/tyler-winklevoss/we-see-bitcoin-as-potentially-the-greatest-social-network-of-all/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [As the platform and protocol become more ingrained in society, get built into products and services, and basically become more of the mesh of…](https://sms4smile.com/quotes/barry-silbert/as-the-platform-and-protocol-become-more-ingrained-in-society-get/) [Barry Silbert](https://sms4smile.com/quotes/author/barry-silbert/) > [Bitcoin is not “unregulated”. It is regulated by algorithm instead of being regulated by government bureaucracies. Un-corrupted.](https://sms4smile.com/quotes/andreas-antonopoulos/bitcoin-is-not-unregulated-it-is-regulated-by-algorithm-instead-of/) [Andreas Antonopoulos](https://sms4smile.com/quotes/author/andreas-antonopoulos/) > [The rudest possible gift is a gift card. It means you think the person is stupid and has no interests. The only good gift…](https://sms4smile.com/quotes/john-waters/the-rudest-possible-gift-is-a-gift-card-it-means-you-think-the-person/) [John Waters](https://sms4smile.com/quotes/author/john-waters/) > [What bitcoin does better than the current financial system is it's a better stored value globally. There are a lot of countries that really…](https://sms4smile.com/quotes/adam-draper/what-bitcoin-does-better-than-the-current-financial-system-is-it-s-a/) [Adam Draper](https://sms4smile.com/quotes/author/adam-draper/) > [You really want some natural way for people to get Bitcoins, as part of their paycheck or some other activity so they can turn…](https://sms4smile.com/quotes/gavin-andresen/you-really-want-some-natural-way-for-people-to-get-bitcoins-as-part/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) > [If you are not an accredited investor, you only have one option: to buy and hold bitcoin on your own. The process of acquiring…](https://sms4smile.com/quotes/perianne-boring/if-you-are-not-an-accredited-investor-you-only-have-one-option-to-buy/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) [Browse all 364 Bitcoin quotes ](https://sms4smile.com/quotes/about/bitcoin/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "If the U.S. government tries to restrict or clamp down, that just means there will be many more bitcoin businesses in Hong Kong and Singapore, and all those Americans will miss out on all the opportunities.", "creator": { "@type": "Person", "name": "Roger Ver" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/roger-ver/if-the-u-s-government-tries-to-restrict-or-clamp-down-that-just-means/", "about": { "@type": "Thing", "name": "Bitcoin" }, "@id": "https://sms4smile.com/quotes/roger-ver/if-the-u-s-government-tries-to-restrict-or-clamp-down-that-just-means/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/899/roger-ver-15354_bitcoin_if-the-u-s-government-tries-to-restrict_151802.jpg", "contentUrl": "https://sms4smile.com/quotes/i/899/roger-ver-15354_bitcoin_if-the-u-s-government-tries-to-restrict_151802.jpg", "url": "https://sms4smile.com/quotes/i/899/roger-ver-15354_bitcoin_if-the-u-s-government-tries-to-restrict_151802.jpg", "width": 1080, "height": 1080, "caption": "“If the U.S. government tries to restrict or clamp down, that just means there will be many more bitcoin…” — Roger Ver", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Roger Ver", "item": "https://sms4smile.com/quotes/author/roger-ver/" }, { "@type": "ListItem", "position": 4, "name": "If the U.S. government tries to...", "item": "https://sms4smile.com/quotes/roger-ver/if-the-u-s-government-tries-to-restrict-or-clamp-down-that-just-means/" } ], "@id": "https://sms4smile.com/quotes/roger-ver/if-the-u-s-government-tries-to-restrict-or-clamp-down-that-just-means/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```