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To: varyouga
...Dollar is of course safer and more stable but bitcoin is a tool to avoid scrutiny from corrupt governments worldwide.

Saw a video ad about AMLBIT, described as anti-money laundering bitcoin. Sounds like government appeasement at least, if not scrutiny, no?

28 posted on 11/27/2017 4:54:53 PM PST by Covenantor (Men are ruled...by liars who refuse them news, and by fools who cannot govern. " Chesterton)
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To: Covenantor

“Saw a video ad about AMLBIT, described as anti-money laundering bitcoin. Sounds like government appeasement at least, if not scrutiny, no?”

Are you spelling it right?

There are some mainstream banks trying to institute their own blockchain system with verified users. Basically a bank with no central server to take down.

Of course unverified cryptocurrency will still work side by side.

And even if they ban it from the regulated internet, people will create their own internet via wireless mesh networks.


29 posted on 11/27/2017 5:02:58 PM PST by varyouga
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