Quote from: deisik on April 10, 2019, 06:49:29 AM

It looks like there are no others

I mean significant and important others. It is the major world powers like the ones already mentioned that directly determine the world policies, either directly or indirectly via institutions like the IMF (in the latter case regarding financial matters). Also, I wouldn't overestimate that "mandate" that people gave to these governments.

Again, I am trying to avoid prescription, here. In other words, I am trying to talk descriptive rather than prescriptive, and in that regard, I believe that bitcoin brings a dynamics that will contribute towards various kinds of accountability and momentum that is truly bottom up.

Of course, we are hardly likely to ever get rid of top down dynamics and top down attempts at manipulation and control.

Quote from: deisik on April 10, 2019, 06:49:29 AM

Obviously, they consist of people, and it is this small group of people who took control over the governments (let's cut the crap about democracy here).

I am referring to dynamics that apply across all societies, of course, some are more top down than others and some can really deviate from public mandates in the way they behave and treat people.

Quote from: deisik on April 10, 2019, 06:49:29 AM

And if they keep their financial and monetary policies sane overall (read, they don't hyperinflate fiat), there is little to no threat to them from crypto

I am not talking about "crypto" I am talking about bitcoin. Fuck all the various pump and dump bullshit.

Anyhow, assuming that you were referring to bitcoin, and you just substituted the word "crypto," then I am still going to make the point that bitcoin is going to force accountability of governments, and of course, we likely do not disagree that more responsible monetary policies are going to compete better and perhaps even stave off some of what seems to be inevitable in the longer term, which is the gravitation of value into bitcoin. Of course, this could take 100 years to really play out and maybe even 10-30 years to witness powerful changes in the gravitation of value towards bitcoin.

Even if many of us active in these forum threads could be dead or on our final legs before something like BTC world currency status becomes obvious, we are still likely to witness various kinds of little by little of signs moving in that direction... just as we already should notice today that there is little by little advancements in the adoption and the power of bitcoin, even if much less than 1% of the total world population has taken any kind of meaningful stake into bitcoin.

Quote from: deisik on April 10, 2019, 06:49:29 AM

Quote from: JayJuanGee on April 10, 2019, 12:37:35 AM

If we are talking about what governments are doing now in respect to bitcoin, we can attempt to measure it, and likely they are not doing very much because bitcoin remains too small, and that is back to my point. On the other hand, even though I am proclaiming bitcoin to be so damned small that neither large governments nor large institutions are acting, they are composed of individuals and smaller entities that increasingly recognize bitcoin to be important

These people have everything they need in life, and above everything else they have power, virtually unlimited power. Why would they care about Bitcoin other than it potentially being pain in the ass?

You are making my point for me. They don't give any shits right now about bitcoin or even perceive much if any importance in bitcoin except that bitcoin may appear as a kind of blip on their radar.. and maybe emerging in various kinds of ways but hardly understood by the very powerful for its level of importance.

Quote from: deisik on April 10, 2019, 06:49:29 AM

Bitcoin is to take power from them, so why should they really think in favor of it? But as you say yourself, it is too negligible yet to be that pain for real

Yep.. a blip.. and some of them are learning more and more and seem to be understanding better and better, but we don't have any kind of monolith here, so these matters of evolution and incorporations and change of systems take time to evolve.

Bitcoin is a paradigm shifting asset, and less than 1% of the world seems to have a bit of an understanding of that..