The bottom line is,
if any one of you think that any system that is value in BILLIONS of USD is ever going to remain "uncontrolled" you are seriously delusional.
Bitcoin = Money
Money = Power
If not the Bitcoin Foundation, then another.
There will always be a desire and battle to control it.
~BCX~
if any one of you think that any system that is value in BILLIONS of USD is ever going to remain "uncontrolled" you are seriously delusional.
Bitcoin = Money
Money = Power
If not the Bitcoin Foundation, then another.
There will always be a desire and battle to control it.
~BCX~
If its contolled, ie centralized, then its not p2p and functionally identical to Paypal, ie. Worthless.
So your inevitability argument doesnt really support a case for bitcoin's use.
I'm just stating the facts be they PC or not.
and while I am not a fan of Paypal, it is anything but worthless.
As long as Bitcoin = Money, then Bitcoin = Power and there will be inevitable battles for control.
Start all the new coins you want.
If it attains a value of Billions USD, it will meet the same fate of control by the powerful.
~BCX~