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RE: As Cryptocurrencies Grow More Popular, IRS Attacks Bitcoin Exchange
Hi Very Good job @instructor2121 and @dollarvigilante
But, Do you think they will start going after other companies too for this information?
I don't think they would need to. Should coin base be brought down, confidence in bitcoin will be wounded badly, and investors will begin to sell their BTC leading to a crash in the price.
This has been expected to be fair. Bitcoin is without a doubt the most important creation of our generation. When enough people become aware of its true potential, it will bring down the banks that have been enslaving us for centuries.
When the internet changed hands a little while ago, most people speculated that it would be to shut down alternative media or perhaps to shut down the entire net while the UN invaded the US. I never bought into those theories. I thought then, and still think now, that Bitcoin is what they are most afraid of, and because it lives on the internet if you shut down the net then you shut down bitcoin. This is most likely the reason for the internet changing hands after all this time in my opinion.
Cryptocurrencies that have their own distributed power source, and, decentralized. This is an important innovation for the human population to mimic natures mediums of value transfer.
I don't understand the point you are trying to convey in this message?
I was pointing out that if there is no internet, then there is no way for holders of BTC to exchange currency, as the BTC network is dependent on internet connectivity.