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by brazed_blotch 1622 days ago
Why is it up to governments to decide whether Bitcoin is a good idea or not?
3 comments

Because governments need to make decisions which hopefully benefit a large amount of people. Banning Bitcoin mining is one of those.
I just think that it's difficult to have the foresight to know whether something is good or bad. Perhaps if we allowed bitcoin mining in some regions and disallowed it in others, then mining energy usage would decrease on a large scale and we could also see if it were beneficial or not.

I'd like to see this on a national scale instead of an international one (which is already the case) so that you wouldn't have to move countries to simply evade a law, which is a very arduous process.

Because we elected them to decide?
They have these people called police who will arrest you if you commit crimes.

Then you will go in front of other people, called Judges, who will determine your guilt.

Finally you will get to spend a lot of time with the people known as "jailers".

Why are you so rude?
Many years of careful study and practice. Some people think cutting words are as easy as being sharp, but it's an art form that requires patience and dedication.

Also I respond to a lot of crypto bros who think the same old tired mantras are witty replies. Governments didn't become dominant entities by happenstance. Most people don't want broad tax evasion, endless scams and seriously environmentally destructive practices in the name of an asset that isn't actually decentralized, where all transactions are public and where you pay enormous transaction fees along with gaining a serious security burden.