Topic: Why Bitcoin should not be seen as "Private Cryptocurrency" (Read 46 times)
I hear you on this one, however, as Cryptocurrencies in general start floating towards more of a mainstream spotlight, we will see more government regulations on it, we will see more banks, funds, investors, that like to have things in as much private and regulated as possible, coming into it. It won't get privatized, but when Governments start regulating, it will not stay free as it is now. Hell, it's less free than it was 10 years ago. I wonder will the need to go mainstream and in turn require more regulations put some pressure on Cryptocurrencies to change some of those things you mentioned...
To prevent people from turning it into Company/organization owned by a person or group/groups of people, rather than a Public Network of Global Communities and participants who run full nodes, participate in consensus, do business together etc
The Bitcoin Project is way bigger than a "Company". It's Decentralized Network of users/people, companies, organizations, marketplaces, (hopefully schools), etc. It's an autonomous Network/Nation with its guiding principles.
Network Participants are expected to hold strongly to the good ideals/principles of Bitcoin like Decentralization, Transparency, Immutablity, Network Consensus, rules censorship resistant, privacy/anonymity, security permissionless/trustlessness, , etc.
The Bitcoin Project is way bigger than a "Company". It's Decentralized Network of users/people, companies, organizations, marketplaces, (hopefully schools), etc. It's an autonomous Network/Nation with its guiding principles.
Network Participants are expected to hold strongly to the good ideals/principles of Bitcoin like Decentralization, Transparency, Immutablity, Network Consensus, rules censorship resistant, privacy/anonymity, security permissionless/trustlessness, , etc.
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