Post
Topic
Board Bitcoin Discussion
Re: Why are some government scared of Bitcoin?
by
BlackHatCoiner
on 24/11/2022, 16:51:17 UTC
Lack of censorship susceptibility, control over monetary policy, and easiness on traceability (chain analysis companies already trace the majority of bitcoin owners, I presume, even though there are private techniques to avoid them).

I also don't think Satoshi created bitcoin against fiat or government
I, on the other hand, do think the opposite:

Escape the arbitrary inflation risk of centrally managed currencies!
Quote from: satoshi, genesis block
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.