After what I’ve witnessed over the past year, I wouldn’t be surprised if they did.
They would only have to trace the pathways if Bitcoin and shut down the relative few that use them.
They would only have to trace the pathways of Bitcoin and shut down the relative few that use them.
Ping!
“...according to Peirce, the main issue for authorities—at least when it comes to cryptocurrencies—is to find an approach to regulation that would be productive and non-restrictive at the same time.”
In other words, the government gets their grubby hands on it and gets their piece of the pie up front.
I cannot see the value in bitcoin other than as a momentum play that will sooner or later crash.
That’s the problem with Bitcoin: it can’t survive without the internet, and coordinated strangers maintaining the ledgers.
“No internet” wasn’t that long ago, and may not be far ahead.
Just shutdown the energy hungry mining operations.
It wouldn’t be hard to stop.
Funny thing and maybe the person who came up with Bitcoin is/was aware of it.
Distributed Social Network. Been around longer than Bitcoin/crypto but is the same concept.
Multiple servers/computers can be an installation of a Distributed Social Network and they can all communicate with each other yet all your data is kept on your own system.
https://duckduckgo.com/?t=ffcm&q=Distributed+Social+Network&atb=v1-1&ia=web
It’s mainly been used by anti-establishment types on the left even though these days, it would be better served for use on the right since we’re the ones getting censored.
It is a little technical to be a server and even use the platform but no worse than GAB or Parler or even Facebook was in the beginning for usage and not all that difficult to run a server. It usually requires hosting that has Java which costs a little more and also requires root access to the server aka access to the command line for installation because none of them have a browser based wizard installation like Wordpress or other popular blog, forum software does.
I have a question for you bitcoin aficionados
Who backs your currency up?
I can't understand why they have let it go this far.
Bitcoin is the beginning platform of the globalists non monetary system where you own nothing get paid through a fictious form of money where they have complete control over you and your families existence.
The job of Congress is to oversee the minting of coin.
The luxury of Bitcoin, and other electronically generated currencies, is that ‘the value’ is market driven, not ‘the government reserve”.
The value of Bitcoin is that no government controls it, meaning no government can print it into oblvion.
The amount of Bitcoin that can be minted is capped at 21,000,000. It is physically impossible to mint more.
18,000,000 have already been minted, so the most it can be inflated by by is 16.7% and that will take years to mine it.
The US dollar is backed by nothing other than the full faith and credit of the US feral government, and the US feral government is now run by psychopaths who are printing money like there is no tomorrow.
We bought a washing machine at Lowe’s last yearfor $500. The exact same washer is now $750.
You do the math.
Bridgewater Associates, arguing that there’s “a good probability” that governments around the world would ban Bitcoin and other cryptocurrencies.
Every country treasures its monopoly on controlling the supply and demand.
cryptocurrencies would be like going off the gold standard and it’s China’s wish to do so.