Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
arallmuus
on 29/05/2015, 09:55:58 UTC
But as a user of it we can complain our suggestion and our rights. We have a rights to know what happened to the taxes that we pay. Yes we can't stop the government control the bitcoin but we can do what is right.

I will state this once more again. Government cant control BTC. In short words, because each transaction of BTC cant be control by anyone else, this will make the goverment has less interest in it.

i.e Government could block your bank account, void your money transaction if they deem that you have committed a crime but with BTC the goverment could not block anything, including your wallet or void your transaction. That is what decentralized means, the most they can do is regulate BTC transaction to FIAT to get a portion of it (tax)