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I'm not following your argument. One issue if bitcoin is that countries will block it because countries don't want to loose the co trol over currency. It is a
by bafumio 5y ago
I'm not following your argument.
One issue if bitcoin is that countries will block it because countries don't want to loose the co trol over currency.
It is also purely against btc not the idea of cryptocurrency or the thought of having one global trusty cryptocurrency.
My personal btc hatred comes from the huge energy waste though.
- wmf 5y agoIf Bitcoin is a total failure then it can't threaten sovereign currencies. If Bitcoin is actually causing the Turkish government to lose control over money then it can't be a failure.
- bafumio 5y agoIt's just getting attention now. Something like this needs time. Normal government does not monitor btc as closely as people on hn.
- Shorel 5y agoTurkish people want their savings not to lose that much value. So they get USD, gold, BTC, what they can. This is more about Erdogan destroying democracy and the secular state than anything else.