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I'm personally convinced (by no evidence other than game theory, which is what trust in block validators to be honest as a group is based on as well) in cases l
by MathYouF 4y ago
I'm personally convinced (by no evidence other than game theory, which is what trust in block validators to be honest as a group is based on as well) in cases like these, that there must be people with a huge stake in btc who are essentially bribing legislators to adopt crypto. Why else would they accept as legal tender a currency their government and people don't hold except if the people who do hold it convinced them in some way? Looking forward to the documovies in 15 years of these crypto "investors" flying to CAF and El Salvador and bribing their government officials.
- bally0241 4y agoConvinced eh? Sounds like baseless supposition to me.
- ypeterholmes 4y agoI highly doubt they were bribed by Bitcoin miners. What's more likely is that BTC is emerging as a global store of value asset, and with the additional advantage that the supply of BTC is not entirely controlled by exploitative global central banking apparatus. Do some googling on what the IMF has done to small countries with their loans, and what happens to small countries when their currency is manipulated.
- deleted 4y ago[deleted]
- MathYouF 4y agoYou can't deny though that there is an incentive for some, especially hedge funds with massive crypto positions (who are known for not being above doing nefarious things with foreign government officials), to bribe legislators of countries open to the idea to adopt it, to improve their financial asset. Whether or not that is indeed something they're doing, as I mentioned, is pure speculation.