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Expanded with details. If a fully functioning, sufficiently-decentralized crypto economy can be bootstrapped (meaning go to gas station, fill up your car, all w
by progrus 4y ago
Expanded with details. If a fully functioning, sufficiently-decentralized crypto economy can be bootstrapped (meaning go to gas station, fill up your car, all with bitcoin), the government no longer has this ability.
There is no one on earth who can “freeze” a bitcoin wallet, and beyond that point it’s put up or shut up.
Spoiler alert: In the US, thanks to our second amendment, the government will shut up in such a situation.