Quote from: 1Referee on August 16, 2018, 08:24:18 AM

Quote from: Spaffin on August 16, 2018, 04:00:58 AM

In order for the crypto currency to be accepted by the state, we will have to do it. Otherwise, the state will introduce various restrictions on the crypto currency. It will be even worse.

We shouldn't want crypto to be accepted by the state, and we don't even need it.

Bitcoin's glory days were <2013 years where the majority of the people were actual admirers and users of the utility. The speculative aspect was just an unwanted side effect. Now it's the complete opposite; people want banks, governments, institutions, hedge funds to start welcoming Bitcoin. Why? Just so they can sell high and then exit the market.

Let governments suppress Bitcoin as hard as they can, it will help Bitcoin's utility shine again, which is that decentralized local economies start to emerge and we can focus on that what really matters. Less mass use = less need for scaling solutions = great for everyone.

For those people who do engage with bitcoin on earliest years then most of them do really believe on its usage rather than on its capability on making money unlike on what we are seeing now a lot has change.It do really contributed on making it popular but we know government would really interfere if they do know on whats happening on the crypto market. They do like for anything to be taxed but we us users can really evade if we wanted to.