What kind of control do the governments have over Bitcoin and altcoins ???
The recent acceptance of the mainstream media of bitcoin and altcoins have left me pondering of whether the governments have found a way to control blockchains ? If so, how can they do it :
Disrupting the internet at different geographies in haphazard patterns - this might upset the global exchanges and price discovery will have wild swings, resulting in cryptos having a valuation confusion and huge arbitrages and loss of faith on a single big currency.
killing the exchanges - price discovery and valuations mayhem.
Hacking blockchains ???? Have they found a way yet.
Moreover, how weird is that the pseudo name of Satoshi Nakamoto is Japanese and Japan is the first country to adopt bitcoin. Feels scripted.
I have also heard that governments could simply print money to buy as much cryptos as they wanted, thereby inflating the price. Then they could sell en masse thereby crashing the price.
I think that is not, what will let them have control, that will just redistribute the coins to newer masses etc. but the coin will survive and thrive later. In fact this will kill the FIAT faster !!!! Damn, this is what the y should do to make us millionaires :D
Till now they haven't been able to impose their control on cryptocurrencies...but only time will tell their future course of action
Who knows if ETH, Waves and other mass adoption platforms coming from corporate labs have a tracking code built in the system and they are riding the trust wave created by bitcoin !!!!! A TROJAN horse
Evil.. Reminds me that the coding language behind ETH is named serpent. Maybe you are on to something.
Well I was just speculating, but you make me thing harder now :D
#4. If you can't beat them, join them...
:D When you cant resist rape, enjoy the sex