According to Cointelegraph: Steve Wozniak: Bitcoin Is The Only Digital Gold
Only Bitcoin is pure digital gold and I totally buy into that. All the others tend to give up some of the aspects of Bitcoin.
For example, being totally decentralized and having no central control. That's the first one they have to give up to try to have a business model.
Only Bitcoin is pure digital gold and I totally buy into that. All the others tend to give up some of the aspects of Bitcoin.
For example, being totally decentralized and having no central control. That's the first one they have to give up to try to have a business model.
No offense to Steve,
Centralized control means the centralized Authority can censor or confiscate at their discretion.
https://www.investopedia.com/news/steve-wozniak-has-sold-his-bitcoin/
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Steve Wozniak Sold All His Bitcoin
That is not the actions of a man that truly believes in Bitcoin as a Store of Value.
That is the actions of a man cashing out because he made a profit and thinks it has reached it max.
If a Centralized Payment model is what he is looking for, maybe someone should email Steve a link to Paypal.com
http://www.paypalwarning.com/paypal-stole-money/
Centralized Control gets you this: https://www.aclu.org/issues/criminal-law-reform/reforming-police-practices/asset-forfeiture-abuse
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Police abuse of civil asset forfeiture laws has shaken our nations conscience.
Civil forfeiture allows police to seize and then keep or sell any property they allege is involved in a crime.
Owners need not ever be arrested or convicted of a crime for their cash, cars, or even real estate to be taken away permanently by the government.
Forfeiture was originally presented as a way to cripple large-scale criminal enterprises by diverting their resources.
But today, aided by deeply flawed federal and state laws, many police departments use forfeiture to benefit their bottom lines, making seizures motivated by profit rather than crime-fighting.
For people whose property has been seized through civil asset forfeiture, legally regaining such property is notoriously difficult and expensive, with costs sometimes exceeding the value of the property.
With the total value of property seized increasing every year, calls for reform are growing louder, and CLRP is at the forefront of organizations seeking to rein in the practice
Civil forfeiture allows police to seize and then keep or sell any property they allege is involved in a crime.
Owners need not ever be arrested or convicted of a crime for their cash, cars, or even real estate to be taken away permanently by the government.
Forfeiture was originally presented as a way to cripple large-scale criminal enterprises by diverting their resources.
But today, aided by deeply flawed federal and state laws, many police departments use forfeiture to benefit their bottom lines, making seizures motivated by profit rather than crime-fighting.
For people whose property has been seized through civil asset forfeiture, legally regaining such property is notoriously difficult and expensive, with costs sometimes exceeding the value of the property.
With the total value of property seized increasing every year, calls for reform are growing louder, and CLRP is at the forefront of organizations seeking to rein in the practice