So... if you think they think bitcoin is NOT a threat, why do you support bitcoin?
As I've said before (both in video interviews and on this forum in multiple threads), I support Bitcoin as a replacement for the inferior and immoral Paypal.
Bitcoin will not crumble governments, it is not libertarian, and it is not intended for the average consumer. It is a debt settlement utility and will never be scalable.
I am involved in Bitcoin for the same reason anyone else in the world is involved in new technology-- to learn it, break it, make it better, and if it ever fails completely, move on to build/support a suitable replacement.
By that definition, bitcoin is a failure
Bitcoin isn't a failure
yet because it's just barely getting started.
By that definition, bitcoin is a failure if it doesn't upset the "banker elite" applecart.
Only someone naive like OP would think that banking elite won't exist after Bitcoin. They'll just use Bitcoin instead of USD.
We can debate all day the reasoning behind Bitcoin from logs of Satoshi himself, argue that it's 'inherently libertarian' etc, but the bottom line is that it's a utility. Just like money, it exists apart from agendas and politics. I use Bitcoin because Paypal is a scam.
People like OP are afraid of Bitcoin growth and classify groups of people as if they were "bad" for Bitcoin. I embrace the growth and welcome every type of people into Bitcoin, just as I would into the USD market. Society doesn't exist around utilities, utilities adapt to society.
HA! He's got you there Matt! I can't wait to hear your non-answer answer to that one!
What you meant to say, is that you can't wait to hear that you're a sperg who is obsessed with agendas and conspiracy theories and ignorant entirely to the technical limitations and unscalability of Bitcoin? Bitcoin has a purpose in the future, and it's not everyday consumer purchases. That future belongs to Ripple and Open Transactions.