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RE: Raj's Crypto News - Pick of the Week - Emmer Backs Bitcoin
I sincerely hope that the congress makes the right types of decisions with regards to cryptocurrency regulations. it is high time, the world learns more about what blockchain means before more centralised entities like facebook will give them a tarnished version
100% right. I've had long concerns about both government and corporate entities appropriating blockchain tech to pervert it into something they can control. That's their primary worry, control. BTC isn't controllable in the traditional sense that they're used to... and it terrifies them. I must be the only person I've spoken to so far who wants to see libre get quashed.
I personally don't think it's the golden light of adoption everyone else seems to think Rather Facebook's libre could halt adoption (of real cryptocurrency) in its tracks and lead to some type of dystopian nightmare where fbook con 90% of the population into thinking that libre is blockchain. Basically, all of the financial freedoms that real public blockchain databases provide diluted by this 'libre' watered down corporate led facimile of a cryptocurrency. Plus, imagine the power the companies who ran the nodes would have. All financial data recorded, with Facebook already holding a sht tone of personal information on everyone.
Fck that.