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RE: Regulations are coming, and that's a good thing!

in #bitcoin7 years ago

I read James book "Choose Yourself" a while back. He said he only put 1% into crypto back in 2014 because he thought it had a 1% chance for success. I wonder what changed his mind?

He apparently didn't read the Satoshi Nakamoto white paper or read the text in the Genesis block. He's missing the entire "raison d'etre" for why this code was written.

Andreas Antonopoulos has a very different message; bitcoin is going to create encrypted anonymous P2P. Regulators will regulate around the edges, but so long as the scared "mom and pop's" out there only trust "regulated", they will end up with a bank. And what banks do is goxx you (sooner or later).

There's no replacement for taking responsibility over your money and resources. When you hand over this responsibility, you're also handing over the resources.

So it's clear that there's going to be a war...

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Andreas Antonopoulos knows what he's talking about.

I think he has a voice coach.

ummm interesting that.

Have to say I like your use og Gox as a verb:)

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