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Yes, but the narrative is that Bitcoin is innovation and any government against it is basically against innovation. If I wanted to neutralize it, I would do so
by jiriknesl 6y ago
Yes, but the narrative is that Bitcoin is innovation and any government against it is basically against innovation.
If I wanted to neutralize it, I would do something like Bait&Switch. Support banks running own cryptos until point where general public will see no difference between BTC and private cryptocurrencies and leave BTC users with their wallets and even when it will remain legal and everything, the "crypto revolution" would be taken by usual suspects (the establishment).
However, I wouldn't like to see it. I prefer world currency to be run by nerds over bankers and politicians.
- tal8d 6y agoCanada actually tried that, at least once - maybe twice. When it became clear that the government was talking about a pre-mined, non-transparent, centralized fedcoin - everybody laughed and then ignored it.
- Nursie 6y agoAs the other commenter says - nobody would care about those, because the only reason people are interested is the speculation. Stable cryptocurrencies are really only of interest to a small group of decentralisation fetishists, and stable, centralised cryptocurrencies are of interest to basically nobody.