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> It would be impossible to stop the software, just as they can’t stop bitcoin. That’s very naive approach. Just because technology is solid, doesn’t mean that
by justapassenger 7y ago
> It would be impossible to stop the software, just as they can’t stop bitcoin.
That’s very naive approach. Just because technology is solid, doesn’t mean that government is going to give up. Remember, governments are only entities in the world that are allowed to seize all your assets, throw you in jail and sometime kill you.
People in tech tend to overestimate value of technology and underestimate power of regulations and governments (I only realized it myself few years ago). I feel that we need to update this xkcd, to talk about regulations - https://xkcd.com/538/ https://xkcd.com/538/