Post
Topic
Board Bitcoin Discussion
Re: IS THERE A CHANCE THAT BTC WILL BE CONTROLLED BY THE GOVERNMENT?
by
Pearls Before Swine
on 23/07/2017, 23:23:43 UTC
Bitcoin will never be controlled by the government since they just don't have the tech.
Oooohh...I'm gonna have to go ahead and disagree with you there, sir.  Governments have plenty of good tech, and they create the laws as well.  So could bitcoin end up being controlled (or heavily regulated) by government?  Yeah, I think so.  Do I think that's going to happen?  Probably not.  But you see they shut down silk road, alphabay, and all these illegal markets.  They can definitely have a powerful hand in all things bitcoin.

I do agree that because bitcoin is decentralized, it's difficult.  But possible.

We the people ARE the government. 
Yeah, OK!