Then you’ve most likely considered the potential for government intervention.
Of course, familiarity with the decentralized nature of cryptocurrencies, will lead most to the conclusion that it would/will be pretty damn difficult for government policy makers to put a stranglehold and Bitcoin and friends.
Like the wasted efforts to curb peer to peer software and media exchange, any efforts to “kill” crypto will more than likely just result in the loss of millions of taxpayer dollars.. It seems the term “decentralized” simply isn’t in the political dictionary.
But that doesn’t mean that the big ole friendly gubment is completely helpless, IF they so choose to make an attempt to stifle the proliferation of digital currency… The exchanges are surely the weak point in this whole infrastructure that is being built up around us faster than we can keep track.. [Read more…]