Post
Topic
Board Bitcoin Discussion
Re: Should we worry about what the Chicago Federal Reserve said?
by
cho
on 08/11/2013, 08:29:17 UTC

He's not making all that much sense.  The bitcoin code, as an open source project, is the opposite of opaque.  And for that reason it's rather more unlikely that governments could intervene in the code-base, without the network and anyone looking at it noticing.  The government obviously can easily intervene where bitcoin interfaces with the traditional financial system.  Maybe that's what he's talking about, but it sounds like he thinks the former.  Am I missing something here?
[/quote]

Bankers don't understand open source. In their mind open source is something opaque.