He is wrong. Just like he was wrong about Microsoft and Facebook.
Can you please explain why he is wrong
There is an owner of moneygram.. THIS is a massive difference.
You guys keep making this same mistaken analysis even I've already explained upthread why this is incorrect.
Bitcoin is already owned by the few pools, the few big exchanges, Bitpay, and other offchain businesses that will all be de facto "owned" by the government via regulation.
You either go 100% decentralized and do everything on the block chain, or you go back to ownership by the elite again.
There is no such thing as a little bit pregnant. Decide what you want.
Edit: I would relish the day that no one needed a bank, insurance company, or any other leeches who serve no necessary function.
What is it you are rattling on about, again?
Bitcoin isn't owned by any pools, if the shit were to hit the fan you can expect a mass exodus in no time at all, except for the dumbasses renting hardware for cex. Or do you think these miners are going to devalue their hardware and profits by continuing to stick with a fucked up pool? Did we forget the mass FUD last time CEX got so close to 50%? That sure was a big problem
I have NEVER sold a single bitcoin on a exchange, nor have I bought one through them. Please, tell me more about how I am "owned" by the government. Or, tell the steady supply of people who I sell coins to on a regular basis how they are owned by regulation.
Everything is in the blockchain, unless you choose to trust your coins to a third party. Nobody is forcing you to do that. Are you really this fucking stupid? If its not on the chain, you haven't got anything. Ask the goxxed....
So, again, tell me more about how things are done, how fucked I am, and other amusing bullshit that won't be relevant in 6 months, let alone a few years, so I can laugh some more. In the meantime, I sure wish you'd hold up your promise to go away.