The point of BTC is to NOT have this.
THIS. Please people stop associating the word "authority" with bitcoin.
Topic: btc authority - page 3. (Read 1716 times)
THIS. Please people stop associating the word "authority" with bitcoin.
The point of BTC is to NOT have this.
I know, but as people, governments and states are becoming more and more aware of the potentional of btc, do you think that they'll just let it be o will they try to create some sort of superstructure to it?If the status of bitcoin will become more superpower in the future, government for will surely create some things associated with that authority thing or any related terms.
They can't do it directly with bitcoin but they will target those local exchangers or those who has some services that people in a certain country can able to use or convert bitcoin into fiat. As long as local exchangers will pay the right taxes, everything will be fine. Local exchangers are bound to commit with the country's money regulation so that their company will legitimate run. And because of that regulations, local exchangers will modify their fees to cover the expenses.
Correct me if I'm wrong, but I think this is possible to do. Also, Lutpin is right. The main point of Bitcoin is not to have an authority.
The point of BTC is to NOT have this.
I know, but as people, governments and states are becoming more and more aware of the potentional of btc, do you think that they'll just let it be o will they try to create some sort of superstructure to it? 
The point of BTC is to NOT have this.
Do you think that it will be created a btc regulatory authority in the future or will the blockchain continue to be the only warranty?
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