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> not being controlled by any government That's not the same as "not being backed by". Uncle Sam seems to be doing a pretty good job of asserting his control o
by peteretep 8y ago
> not being controlled by any government
That's not the same as "not being backed by". Uncle Sam seems to be doing a pretty good job of asserting his control over it[0], while the Fed isn't guaranteeing it. Worst of both worlds, isn't it?
[0] https://www.coindesk.com/goodbye-fungibility-ofacs-bitcoin-blacklist-remake-crypto https://www.coindesk.com/goodbye-fungibility-ofacs-bitcoin-b...