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by Yizahi
1611 days ago
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Why did you list Bitcoin negatives instead of positives?:) 1. Immutability - clearly a negative feature, no way for humans to manage transactions and correct mistakes. 2. Limited supply - very bad for a "currency" 3. No censorship resistance in bitcoin, but ease of tax evasion due to exterritorial nature. IRS may find you easily but can't do anything. On the other hand oppressive regimes can both find you can prosecute you because in that case you are physically in the regime's country. 4. Dependence on a handful of anonymous guys in the non extradition offshore printing tokens to pump price with zero oversite. I pick governments. Also Bitcoins are not really independent from governments for the lawful citizens. 5. Zero accessibility after more than a decade in production. |
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