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The idea of Bitcoin is a system without any centralized trust, eg. "what do you do if the bank mugs you" would be a counter argument. Some people used to think
by askmike 7y ago
The idea of Bitcoin is a system without any centralized trust, eg. "what do you do if the bank mugs you" would be a counter argument.
Some people used to think/want that Bitcoin was going to take over all other forms of money. I don't think many people still believe that. In that sense it's just like other forms of property that can be stolen.
- throwawayhhakdl 7y agoThat’s a pretty good counter argument tbh. I don’t think it has practical merit in the US, but I’ll give you it could be viable in other contexts