[bustin]

I can't disagree.

I'm not convinced that your average tax paying American will benefit from this - if anything the difficulty in taxing wealth and loss of ability to print/control money granted to Americans by American guns could lead to a noticeable decrease in quality of life for them.

That being said, there is a tremendous demand from people in many countries to defend their wealth from less stable environments that seek to control their ability to freely transact/store wealth.

No idea how it ends, or even if these cryptos deliver on their potential. Any idiot can see there are many roadblocks, and I personally think that Bitcoin's price is wildly manipulated (and most likely a ponzi).

However, as someone who has 2nd hand experience with poorly run govs stripping peoples' wealth for political reasons, I'm very excited by these possibilities in spite of some of the negatives.

For the record I have no Bitcoin, but I do run a node for another crypto I find interesting.