Post
Topic
Board Altcoin Discussion
Re: What would a new coin need to overtake bitcoin
by
g4c
on 15/03/2014, 19:48:42 UTC
...money is ultimately trust, if a powerful country adopts  a cryptocurrency it will easily rival bitcoin.

I agree.

Government exists because there is a need for it, it brings law and order, stability and a sense of certainty.

This is true, but there is an important aspect that you have fallen short with:

Governments throughout history, attempted and currently running; they use the strategy of creating disorder before stepping in to restore order (at the request of a majority of the players, how poetic).

Don't get me wrong, No one government is an immune player, it's an active game, a game that is deeper than many can imagine.