Post
Topic
Board Altcoin Discussion
Re: What would a new coin need to overtake bitcoin
by
Beliathon
on 15/03/2014, 17:06:05 UTC
I must with due respect disagree, money is ultimately trust, if a powerful country adopts  a cryptocurrency it will easily rival bitcoin.
The thing you have to understand is that cryptocurrency is antithetical to government interests because it robs them of their monopoly-power over currency generation. Why do you think governments from China to Russia to the USA are positioning themselves as opponents of Bitcoin?

The same reason all of these governments will send men with guns to your house if you try to print a physical currency that competes with their own fiat. POWER.

They are completely reliant on the constant printing of money to keep their populations enslaved. Cryptocurency is the most subversive technology in the world today. If governments give up their fiat in exchange for crypto, we have won!!

Please see this vid: https://www.youtube.com/watch?v=iFDe5kUUyT0