Post
Topic
Board Bitcoin Discussion
Re: BTC less efficient than Visa
by
Carlton Banks
on 14/08/2013, 11:44:41 UTC
Now this is not a Bitcoin problem per-se and is more associated with corp/government provoked hassles (or possible Mt. Gox solvency issues I suppose) but it's a reality which has been impacting Bitcoin in the past and is only getting worse.  I don't see that the situation turning around, and indeed I think that the government has a lot of room to maneuver in making things orders of magnitude worse if/when they choose to do so.  And there isn't jack-shit that the community can do about it.

Not just corp/government, but US based examples of them. I feel your pain though, it can be tough running your life long-term is tough if you have any need for the Bitcoin ecosystem behaving reliably and predictably, you never know when the next drama will occur, or where the chips will land. The US is easily the worst place for these problems though, you've got to be committed in a religious fervour kinda way to last it out.