Post
Topic
Board Bitcoin Discussion
Re: It bears repeating, but bitcoin can't be banned (A few reasons why)
by
ABISprotocol
on 16/09/2017, 18:53:14 UTC
That's amazing technology. Sooner or later the resistance to bitcoin acceptance will fade away. Now the biggest resistances is from bankers and dictator government. If a govt open minded, they will soon adopt bitcoin in their financial policy. Who can stop that is unstopable. If they can stop why they didn stop since bitcoin was launched?

Great point, and I think our next big step should be to acquire financial institutions or increase shares of institutions so that we can make sure we are in position to set policy that will reduce restrictions on crypto and allow the conversion from fiat to crypto to keep flowing.  The banks have been placing increasing restrictions; meanwhile their branches have been steadily decreasing as they have begun to be outcompeted, and currently around 2/3rds of the world is in SystemD (the mostly unregulated economy, the participants in SystemD being referred to generally as Debrouillards).  Thus we must not only develop systems that overturn and are of higher value than the banks, we must now turn to acquiring the antiquated systems and bringing them under our direct control so that they do not further hamper our efforts.

The resources must flow freely.  No more of this "some for thee and none for thou."  I've also had quite enough of people suggesting that (along the lines of the ridiculous assertions made based on Panama Papers) that we shouldn't have offshore accounts or that we should always be beholden to this state or that.  See my article on that here:

https://thecryptosphere.com/2016/04/19/paying-the-piper-panamapapers-or-how-your-ghost-in-the-shell-returns/

So yes, the next step is (in addition to deploying satellites and suchlike) we must start acquiring interests in legacy institutions, so that we can control those institutions (instead of the financial institutions controlling us), and specifically so that the "spice will be allowed to flow" so that people will be allowed to freely move their resources as they see fit.