A small amount of government regulation is generally good for most industries as it gives it some credibility.
When regulation gets out of hand is when people start to suffer.
Topic: Government regulation is not a problem in the end (Read 718 times)
sr. member
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It's Money 2.0| It’s gold for nerds | It's Bitcoin
Great, guys.
I think the USA govt.inc is likely to be the most oppressive in terms of collecting every last little fee they can from BTC transactions, esp as crypto usage becomes more mainstream. As it stands, the USD is tinkering on the edge of losing the world reserve status and I can hardly see them tolerating any of this dark stuff which means that many of the upcoming nouveau riche will probably find other places to live. Of course, it's likely that Wall st. will be really in on this market so maybe the govt will just take their fees and leave folks alone. The way I see the police/surveillance state going here, I'm inclined to believe the former.
Yes. When it gets big enough that we need to protect our wealth it might be wise to find greener pastures. I am sadly still pretty far from having enough to get any attention from anyone.
I think the USA govt.inc is likely to be the most oppressive in terms of collecting every last little fee they can from BTC transactions, esp as crypto usage becomes more mainstream. As it stands, the USD is tinkering on the edge of losing the world reserve status and I can hardly see them tolerating any of this dark stuff which means that many of the upcoming nouveau riche will probably find other places to live. Of course, it's likely that Wall st. will be really in on this market so maybe the govt will just take their fees and leave folks alone. The way I see the police/surveillance state going here, I'm inclined to believe the former.
Here is why:
When folks start to use bitcoins, they are in a better position to see the bank saving scam, the inflation scam and the bank risk.
So, when governments ask them to give up their bitcoins or reveal every transaction, they will find within themselves the big, forgotten, sacred NO.
When the slaves say no, the masters have no power.
When folks start to use bitcoins, they are in a better position to see the bank saving scam, the inflation scam and the bank risk.
So, when governments ask them to give up their bitcoins or reveal every transaction, they will find within themselves the big, forgotten, sacred NO.
When the slaves say no, the masters have no power.
agreed seeing paypal do chargebacks, seeing banks refuse wire transfers already does make bitcoin look better and more easy to use once people are inside bitcoin. there are many things that people at first see as a good thing (bank services) but when then the shroud of deceipt is revealed, people soon shift their opinions about alternatives from negative to positive.
i seen the same happen about discussions about immigration to, the sheeple propaganda that we should stop immigration.. then later the reality that it also means that we cannot move out to other countries either. and they realise that government plans shown to us as protecting or helping us, is infact making victims of the nanny state.
That is one great potential use for darkwallet. Once we all learn that we have the right to say no government will be forced to shrink.
you carry on smoking your weed. ill us proper bitcoins on the proper blockchain. but i do like your subtle plug
I don't smoke weed and I am not plugging anything. I think the idea of a completely private wallet might be useful. I think the makers have been rather stupid at times but these kind of experiments push the technology forward.
Here is why:
When folks start to use bitcoins, they are in a better position to see the bank saving scam, the inflation scam and the bank risk.
So, when governments ask them to give up their bitcoins or reveal every transaction, they will find within themselves the big, forgotten, sacred NO.
When the slaves say no, the masters have no power.
When folks start to use bitcoins, they are in a better position to see the bank saving scam, the inflation scam and the bank risk.
So, when governments ask them to give up their bitcoins or reveal every transaction, they will find within themselves the big, forgotten, sacred NO.
When the slaves say no, the masters have no power.
agreed seeing paypal do chargebacks, seeing banks refuse wire transfers already does make bitcoin look better and more easy to use once people are inside bitcoin. there are many things that people at first see as a good thing (bank services) but when then the shroud of deceipt is revealed, people soon shift their opinions about alternatives from negative to positive.
i seen the same happen about discussions about immigration to, the sheeple propaganda that we should stop immigration.. then later the reality that it also means that we cannot move out to other countries either. and they realise that government plans shown to us as protecting or helping us, is infact making us victims of the nanny state.
That is one great potential use for darkwallet. Once we all learn that we have the right to say no government will be forced to shrink.
you carry on smoking your weed. ill us proper bitcoins on the proper blockchain. but i do like your subtle plug
Here is why:
When folks start to use bitcoins, they are in a better position to see the bank saving scam, the inflation scam and the bank risk.
So, when governments ask them to give up their bitcoins or reveal every transaction, they will find within themselves the big, forgotten, sacred NO.
When the slaves say no, the masters have no power.
When folks start to use bitcoins, they are in a better position to see the bank saving scam, the inflation scam and the bank risk.
So, when governments ask them to give up their bitcoins or reveal every transaction, they will find within themselves the big, forgotten, sacred NO.
When the slaves say no, the masters have no power.
That is one great potential use for darkwallet. Once we all learn that we have the right to say no government will be forced to shrink.
Here is why:
When folks start to use bitcoins, they are in a better position to see the bank saving scam, the inflation scam and the bank risk.
So, when governments ask them to give up their bitcoins or reveal every transaction, they will find within themselves the big, forgotten, sacred NO.
When the slaves say no, the masters have no power.
When folks start to use bitcoins, they are in a better position to see the bank saving scam, the inflation scam and the bank risk.
So, when governments ask them to give up their bitcoins or reveal every transaction, they will find within themselves the big, forgotten, sacred NO.
When the slaves say no, the masters have no power.
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