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It's a good thing that the success of Bitcoin does not depend on US banks or the US government. The US could try to delay and slow Bitcoin. But stop? Like try
by Smrchy 13y ago
It's a good thing that the success of Bitcoin does not depend on US banks or the US government.
The US could try to delay and slow Bitcoin. But stop?
Like trying to ban US citizens to gamble online.
- lingben 13y agothis is not some tin-hat conspiracy, banks, unlike the bitcoin bucket shops have to abide by a metric tonne of regulations, rules and laws (which are constantly changing) this is why 3 banks do not go under every week, unlike bitcoin shops
- oleganza 13y agoBanks would go under en masse if they were not bailed out with printed money or bailed in with depositors' money. Regulations heavily protect banks against competition: safer, nicer banks and new disruptive tech like Bitcoin.