Post
Topic
Board Meta
Re: Mod, please check new plagiarism: Reporting copy/pasting, please permban
by
krishnapramod
on 29/06/2018, 11:25:50 UTC
Yesterday, I had reported this user for copy/pasting and it’s been marked as good. Although, the signature has been removed, the user has made posts today Huh

abiola1

No, Bitcoin is definitely special. But Bitcoin’s purpose is not as a regulated fiat currency. We already have a regulated currency, and it works fine (IMHO). Bitcoin’s purpose isn’t to be a regulated fiat. Its purpose is to be decentralized. If Bitcoin lost that decentralization, and consequently became a regulated fiat currency, it would no longer be Bitcoin.

Bitcoin is definitely special. But Bitcoin’s purpose is not as a regulated fiat currency. We already have a regulated currency, and it works fine (IMHO).

Bitcoin’s purpose isn’t to be a regulated fiat. Its purpose is to be decentralized. If Bitcoin lost that decentralization, and consequently became a regulated fiat currency, it would no longer be Bitcoin.
The whole experiment hinges on decentralization, and things such as regulation and “legal tender” are completely polar to that.

Edit: Should have checked that thread, @LoyceV, thank you.