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by daniel1980fl 5542 days ago
ok, so is it only me, or this is NO difference for having your own money-printing machine??

I respect the idea and execution and OK it is secure and everything, but if you can use your hands/brain to create work and get paid for that work in currency X, and then use that currency X to sustain yourself (pay bills, food, gas, etc), then the entire government become obsolete!! I am not arguing here whether a mature society needs government or not, I rather say here that there is a government in place (at least US) and this will be taken as a treason and a pure act of terrorism! (terrorism is any attempt to derail a government entity).

I am sure feds/FBI is in it by now! There was a lesson learnt for music industry when P2P blown out and basically the law lost and it is so easy even today to obtain copyrighted music/audio materials. I am SURE federal government will not let entire country economy to be at stake by some P2P currency.

1 comments

That's a bit of an exaggeration. Many countries do not have their own currency and still manage their own economies.

Still, I take your point that it's not something they would let go of without a fight.