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The argument boils down to: 1. Money has always been controlled by governments, 2. So money always will be controlled by governments. 3. Bitcoin is identical
by brownbat 13y ago
The argument boils down to:
1. Money has always been controlled by governments,
2. So money always will be controlled by governments.
3. Bitcoin is identical to money, but
4. Bitcoin cannot be controlled by governments,
5. Therefore bitcoin is doomed to fail (no date specified).
I'm not sure any of the premises are beyond scrutiny, or that the conclusion is even meaningful.
Anyone can say that nothing lasts forever. Let us know when someone predicts that bitcoin won't last out the year.
- praxeologist 13y ago1 is false and even if it weren't the transition to 2 is fallacious.