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The creators of Bitcoin were very critical of central governments. The entire project rests on the notion that fiat money is a bad idea. Like a lot of libertar
by neilk 14y ago
The creators of Bitcoin were very critical of central governments. The entire project rests on the notion that fiat money is a bad idea.
Like a lot of libertarian activists, or indeed activists in general, they may have overestimated how much governments would feel threatened by their actions. Or, maybe they were prescient. Hard to say right now.
- eric_bullington 14y agoWell, considering what was happening to the founders of e-gold[0] at the time of Bitcon's creation, remaining anonymous was a very rational choice on the part of Satoshi. It now seems like the US Gov has accepted Bitcoin as a proper currency, but that outcome was never certain, and the potential legal implications of a negative outcome were very clear after the e-gold fiasco. 0. http://en.wikipedia.org/wiki/E-gold http://en.wikipedia.org/wiki/E-gold