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RE: Is Bitcoin money or something to exchange for money?
Hi @scalerman, that graphic tells a whole lot more than a thousand words! Government is wanting control of Bitcoin but unless they can dupe 51% of the miners to hand over control that's not going to happen. So second option is to dupe the voting public via the MSM and big corporations (thinking you Jamie, and the GMS vampire squid) to give their money to govt. and corporate controlled blockchains instead of Bitcoin et al...in the name of protecting the kids and fighting terrorism! Grrrrrr...at least I am fairly sure in the long run they will fail, I mean even Rome fell:-)
Thanks on the comment @presentminded. Im not so sure they will fail..at least on blockchain based currency :(
Im expecting a gov issued USAcoin one of these days
Hi again @scalerman, I have to agree with you, there will be govt. controlled currency blockchains...question is how much they displace/co-opt the alt-currencies. I think decentralization is here to stay but so many people are sheeple they will not stray from the government pen.
Hey @presentminded
Not sure these crypo's are all that anonymous. A blockchain is a permanent ledger right? They could trace every owner of every bitcoin if they wanted I think? We might be creating our own doom :(