Post
Topic
Board Bitcoin Discussion
Merits 4 from 3 users
Re: A perspective of the future of Bitcoin..
by
gentlemand
on 28/04/2020, 19:55:57 UTC
⭐ Merited by o_e_l_e_o (2) ,squatter (1) ,20kevin20 (1)
If until 2016-2017 there were no laws regarding cryptocurrencies and the law could be easily interpreted so that nobody knew for sure what they should or should not do properly about owning, using and transactioning them, today we have laws that appear as if they are opposing more and more the fundamental ideas of cryptocurrencies - almost as if the intention behind these regulations was to destroy them while using this entire time the "cryptocurrencies are used in criminal activities" excuse.

I can right now do a deal with someone anywhere on the planet and pay them in Bitcoin. No one can stop me. No one can take it away from the person I sent it to. The core of Bitcoin's purpose is intact.

Where is gets sticky is when the government's turf is encroached on and fiat is the the government's creation. If enough people take the leap to abandon fiat and properly close the loop most things  the average person panics about will be gone. Whether we ever get there is another matter.

Satoshi did his job. It's every subsequent arrival's job to see it through if they can be arsed.