Bicoin And The Government
There is no doubt that bitcoin as come to stay in our society. The disbelievers have come to realise the the advantages bitcoin in the economy , considering the progress it has recorded. Miami used the bitcoin to fight inflation in its economy.
The adoption of bitcoin by some states have generated lots of bubbles. Since the odds that the bitcoin will collapse on it self is becoming slimmer, the politicians and the bankers have started to say it out loud that bitcoin is a threat
For once, Bitcoin's opponents are actually correct in their analysis of the subject. A threat is exactly what Bitcoin is: a vicious threat to fiat currencies and government coercion everywhere. While the media has chosen to spread this idea as Fear, Uncertainty and Doubt (FUD), Bitcoiners embrace it as the reason for Bitcoin's entire existence: a practical means to separate money from state.
The people argue to separate powers in state but when it comes to money, they never come to terms or agree with the affirmation. They believe the government should control money solely
Money is the only means by which people transact business and impact the economy. When it comes state, people argue that their should be segregation of power but when it comes to money , people never agree or come to terms with the segregation of power. Putting this powerful institution in the hands of government, another extremely powerful institution with a history of misusing said power, is the natural conclusion we draw
The adoption of bitcoin by some states have generated lots of bubbles. Since the odds that the bitcoin will collapse on it self is becoming slimmer, the politicians and the bankers have started to say it out loud that bitcoin is a threat
For once, Bitcoin's opponents are actually correct in their analysis of the subject. A threat is exactly what Bitcoin is: a vicious threat to fiat currencies and government coercion everywhere. While the media has chosen to spread this idea as Fear, Uncertainty and Doubt (FUD), Bitcoiners embrace it as the reason for Bitcoin's entire existence: a practical means to separate money from state.
The people argue to separate powers in state but when it comes to money, they never come to terms or agree with the affirmation. They believe the government should control money solely
Money is the only means by which people transact business and impact the economy. When it comes state, people argue that their should be segregation of power but when it comes to money , people never agree or come to terms with the segregation of power. Putting this powerful institution in the hands of government, another extremely powerful institution with a history of misusing said power, is the natural conclusion we draw
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