This would restrict BTC to the black market though.
The black market would be a niche use and probably a sustainable one but nowhere near the size of mainstream use people seem to be hoping for. If (for instance) the US government decides the businesses can't accept it, online or offline, then it would severely limit the growth potential for BTC in the US.
In some ways I'm surprised someone hasn't already gone after the exchanges for allowing people to convert back and forth between BTC and then gamble with it.
The black market would be a niche use and probably a sustainable one but nowhere near the size of mainstream use people seem to be hoping for. If (for instance) the US government decides the businesses can't accept it, online or offline, then it would severely limit the growth potential for BTC in the US.
In some ways I'm surprised someone hasn't already gone after the exchanges for allowing people to convert back and forth between BTC and then gamble with it.