3 ms·
> Bitcoin seems well-separated from the U.S. federal government, but lately it also seems like Bitcoin has organically sprouted its own messy government bureauc
by npongratz 11y ago
> Bitcoin seems well-separated from the U.S. federal government, but lately it also seems like Bitcoin has organically sprouted its own messy government bureaucracy.
Bitcoin, nor its tokenholders, cheerleaders, etc. do not have the violence-backed power to tax. So while it may have the nasty trappings of a bureaucracy, I don't think it sinks to the level of a government bureaucracy.
- krapp 11y agoThat's damning with faint praise, if the best thing you can say about the Bitcoin community is that at least it hasn't monopolized its capacity for violence.