The current things in Venezuela does not sounds so good, because fiat money is a great way to tax the population, if bitcoin rises then that ability to tax the population will be threatened, I just don't see how bitcoin can pass that line without being heavily restricted
Bitcoin has already risen, several times. Governments can't tax it. Any more questions, Johny?
That's the problem. QE added money supply by 500%, that's a 500% tax on everybody who uses USD, it is a super fat gain. How could they give up that power. So far they let bitcoin run because its scale is a pocket change comparing to their money printing
Please, don't you understand yet that 1000 nodes run by random people spread all over the world in different places under Tor, is way more secure and decentralized than 100000 nodes run by a couple corporations on their super fast internet perfectly located datacenter buildings? Please just stop it.
You can't play this "hide-from-your-parents" game forever if you want it to go mainstream. For shady purposes there are thousands of alt-coins. Government ultimately have control over the internet infrastructure, you can not build internet backbone without the regulation of the government. Does it really matter your traffic goes through private line or enterprise line?
An extreme case is that Jeff wanted to launch satellite to run bitcoin nodes. Still, those satellites are regulated by the corresponding government
Yawn, mainstream dgaf about Privacy, monetary policy and even less cryptography.
If you want mainstream get back on facebook.
But you can always fork off with your mainstream man in the middle corporations and play the proselytic card ad eternum, vote to fork more because the first one was not enough to save africa.
Talking about a friggin shitcoin wannabe. You and all your CEOs are irrelevant and powerless, bitcoin unaffected by your mainstreameries.