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I was just listing aspects of Bitcoin that are "unregulatable". Regulation = laws = rules = instructions to cops when to apply rubber hose. 1. Cash transactio
by oleganza 13y ago
I was just listing aspects of Bitcoin that are "unregulatable".
Regulation = laws = rules = instructions to cops when to apply rubber hose.
1. Cash transactions require meeting in person. This makes people more vulnerable to meeting with rubber hose.
2. The value of your paper cash is diluted when owners of rubber hose print more of it.
Bitcoin reduces these threats by more than 90%.