Post
Topic
Board Bitcoin Discussion
Re: Is Government Bigger Than "Decentralized" Cryptocurrency?
by
glaciercapital
on 12/04/2018, 05:45:06 UTC
In opposition to the crypto currency, governments will definitely benefit, because they have powerful levers of control and coercion, which have been formed for centuries. Decentralized crypto currency must go in a society governed by governments. Therefore, the rules of circulation for crypto currency will be set by them. Crypto-currency should not be too much of a conflict with governments, but one should not concede in matters of principle. As always, the golden mean must be observed.

At the moment I believe the answer is yes, but over time decentralized cryptocurrency will become much larger than global governments and there will be a true alternative for people that want to take money out of the current controlled system.