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We should probably realize that the government will find a way to either: 1) Embed itself firmly into the bitcoin process and siphon cash for the bankers who r
by humanspecies 14y ago
We should probably realize that the government will find a way to either:
1) Embed itself firmly into the bitcoin process and siphon cash for the bankers who run the government or
2) destroy bitcoin if it's so secure it can run without a government.
- lucb1e 14y ago1) They're already in as deep as they can get. Bank transfers (the way most BTC is traded) already leave an audit trail. The problem is that they can't control the transactions themselves, but they will never be able to, so they're already in as deep as they can get. 2) How would it destroy it? There is quite a lot of distribution already, I think it's not much longer before Bitcoin could survive without official exchanges. They'd also need to outlaw cash if they want to stop Bitcoin from being bought.