Post
Topic
Board Bitcoin Discussion
Re: What if the US creates a competing currency?
by
barbarousrelic
on 06/06/2011, 21:12:05 UTC
There is no way the US government is going to promote a currency they can't manipulate. Not without a revolution.
If they create their own blockchain with their own rules, they can manipulate it all they want.  That's my point.


If they are going to make it so a central authority can increase and decrease the money supply at will, there isn't much point to starting with the Bitcoin code, or being related to Bitcoin at all.