Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin will fail from it's own success..
by
Dobry Den
on 21/03/2011, 18:36:31 UTC
The U.S. government doesn't like competition...
I live in the UK, why would the US government interfere with something I use? (Not saying they wouldn't, just curious as to why one government would take exception to an international currency).

Incidentally, the US dollar already gets a lot of competition - GBP, EUR, JPY, CHF, CAD, AUD, XAU, XAG ... etc :-)

Although the US Fed usually has the internet spotlight, don't forget that your own country has a national reserve authority as well.