Post
Topic
Board Bitcoin Discussion
Re: Urgent need for a Bitcoin "assocation"
by
mrjuice
on 13/09/2017, 03:14:51 UTC
I think that this is the BIG problem of Bitcoin. Sorry to say so but I do not trust it at this point. Too many criminal activity is linked with the association.
Right now, sorry to say, you sound like people who want anarchy. Anarchy is never good. There's always people with bad intentions such as those who are manipulating the value of this coin.
I am afraid that one day very soon we'll wake up and see that Bitcoin will only be worth a fraction of its current value thanks to a Bitcoin run. It's very speculative right now and this anarchy is not great.
The government and especially the banks won't ever allow this too happen. Do you know what would happen if all people who own Bitcoins right now would sell their coins for cash? The whole financial system
would collapse or a lot of ya'll won't ever see any money ever. If you think the banks will be waiting to pay everyone out then I'm sorry bro, that ain't gonna happen. That's the big point. Governing a Bitcoin system
is great. Right now there's no one to blame and it's human nature to find someone to blame for. At least I want to point my finger at someone if something goes wrong. That's the point so I strongly believe a Bitcoin association would be the most logical way and if the majority of owners do not believe in some form of "governing" then I'm afraid a lot of people will never buy the coin and it won't be long before that bubble collapses.