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by mumblemumble
1939 days ago
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This might be a framing issue? Bitcoin itself might not be beholden to any government. But I don't really care about Bitcoin itself. It's just a protocol. It doesn't have feelings or financial interests. Individuals who use Bitcoin, though, are, in some absolute sense, no less beholden to their government simply by using Bitcoin. An economy can always be built on top of exchange of physical goods, including but not necessarily limited to banknotes, without the government's consent. But any transaction that needs to go over the Internet can more-or-less only happen at the pleasure of whoever controls the Internet in your area. Which, if you're living somewhere where authoritarianism is a serious concern, is probably the government. |
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