[rjromero]

So in the dystopian future of Chinese bank account/citizen social points and even present-day American Fed/Bank collusion, you are continuously supportive of centralization? And now you claim the experiment has been "worth playing out" while Bitcoin has experienced the most adoption it's ever had within the last few months? What?????? Please tell me you are joking.

Also, what incentive do governments have to keep people paying their taxes and using their own fiat that corporations seem to be able to control and play with hundreds of billions on their own accord and on separate rules. What about privacy, with the government having easy access to every financial institution I encounter and every transaction I make, why should I agree to that?

[Scarblac]

I want the government to raise taxes, because I want it to do a lot of useful things for society that it can't otherwise do. That's what government is for.

And I want it to be very hard to dodge taxes, so everybody pays their share. If that means less privacy, so be it.

[themagician]

Pretty much all the early adopters who sought to use bitcoin as a currency have backed out because transactions aren’t confirmed for days, in which the price swings wildly, or transaction costs are insane, or some combination of both.

And what about privacy? At least with banks you have some. Or with cash you have the ultimate privacy. With Bitcoin every transaction is public and permanent. You’ve got to convert to dollars at some point, because bitcoin is no longer really transactable itself, and once you do your entire spending history is now available to the big bad government.

[disordinary]

@rjromero, it doesn't hurt to be courteous and respectful to people. The crypto community has a very bad reputation for obvious reasons and it really is not pleasant.