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"Only" 2 percent. Bitcoin mining should be illegal. And usage probably too, because otherwise miners would just move to country without good eco regulations. A
by octacat 3y ago
"Only" 2 percent.
Bitcoin mining should be illegal.
And usage probably too, because otherwise miners would just move to country without good eco regulations. And eco damage would be just spread across all population.
- lurking15 3y agoYou're basically arguing that Bitcoin as a cryptocurrency is resilient to censorship. Good luck mounting the argument for establishing a global surveillance system that roots out non-compliance, sounds like something that won't be abused if only because of the sinister power it offers.
- octacat 3y agoyea, it is nice way to break local laws, sure. It is easy to track transactions on the block chain though - everyone sees them. I would say it is least anonymous way of doing transactions. Everyone knows about the transaction forever. Everyone sees the transaction. Infinitely worse than doing it in cash.