It would be true in an ideal world, but in practice governments of different countries can and do regulate what can and cannot be done with bitcoins. Most of this is based on fear of losing control.
> in practice governments of different countries can and do regulate what can and cannot be done with bitcoins. Most of this is based on fear of losing control.
Most of the time people seem to say as if that was a bad thing. But consider what happens when government does ultimately lose control. You get Somalia.
As it is today, it seems governments worldwide agree cryptocurrencies are overhyped. They all seem to be saying basically: "it's cool you're having fun with new Internet points; just don't forget to fill in your tax form".
Most of the time people seem to say as if that was a bad thing. But consider what happens when government does ultimately lose control. You get Somalia.
As it is today, it seems governments worldwide agree cryptocurrencies are overhyped. They all seem to be saying basically: "it's cool you're having fun with new Internet points; just don't forget to fill in your tax form".