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> You just described the benefits of a cash transaction. Nobody is denying cash is good. But cash relies on the government issuing it, can't be sent through th
by redox99 4y ago
> You just described the benefits of a cash transaction.
Nobody is denying cash is good. But cash relies on the government issuing it, can't be sent through the internet, can't be transported across borders easily, or in large quantities, can be physically seized, etc.
> If the government is your adversary in this scenario what's stopping them...
Yeah and what's stopping them from throwing you in jail? Or just killing you?
I'm assuming an intermediate point here, in which the government isn't either fully libertarian/anarchist, neither fully authoritarian. Which is what most "free" countries are like nowadays.
If the government is fully authoritarian and you're an "adversary" you're fucked.
- etchalon 4y agoBitcoin hasn't seen large scale, transactional adoption anywhere, but especially not in any "free" country, where Bitcoin's advantages aren't outweighed by its disadvantages outside of illicit usage.