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> Everyone has use for a way to store their wealth, no matter how small. Economies that use money, in whatever form, are much more efficient than those based on
by Kbelicius 5y ago
> Everyone has use for a way to store their wealth, no matter how small. Economies that use money, in whatever form, are much more efficient than those based on barter.
Oh ffs, what are you talking about? Do you think that the poorest people on earth are poor because they choose not to deal with money? Will they store their blanket and cup on the blockchain? My god.
> You know what governments and central banks can do to the security and issuance of Bitcoin? Nothing. Absolutely nothing.
What is preventing a government from getting >51% of mining power and just wrecking havoc on the chain? Afraid of governments but can't think of the possibility of them taking over mining operations or just fucking up the internet to take it down. Is it wilful ignorance or naivety?