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by Zak
2465 days ago
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A really powerful entity, let's say Facebook, or the US government would find it difficult to do any of these with Bitcoin (used as the example because it's well-known): * Alter the monetary policy significantly * Prevent a specific person, organization, or country from using the currency * Prevent the use of the currency for specific goods or services That doesn't make using Bitcoin a magic bullet to be free from the influence of the US government even if its popularity and monetary policy were appropriate for widespread use as a currency, but it raises the difficulty level versus influencing someone who's doing business in USD. |
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