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re: It’s time to revisit Bitcoin potential. Where do you think it’s going?

Posted on 2/12/21 at 7:29 am to
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 2/12/21 at 7:29 am to
Ultimately, the people will have to choose where to place their trust: government backed currencies or cryptocurrencies.

For governments to begin censoring cryptocurrencies is an outright power grab. It's an open admission by the state that it will force its own will upon its people.
Posted by Dawgfanman
Member since Jun 2015
22874 posts
Posted on 2/12/21 at 7:34 am to
quote:

For governments to begin censoring cryptocurrencies is an outright power grab. It's an open admission by the state that it will force its own will upon its people.


Isn’t that how we’ve been moving recently? If they can tell you when/where/how you can get a haircut, worship your chosen god, or what you can say to others..is it hard to comprehend them attempting to control/ban/tax/regulate crypto currencies?

You already see this desire and it’s “justification” being floated by various politicians. They talk of its use for illicit transactions, it’s speculative nature, the need to ensure people are “protected”...this is them laying the groundwork.
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