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September 12, 2017, 07:36:26 PM |
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I think this article misses the point but I don't think it's something to laugh at. China's move is just the first of many moves from them and other governments. So called 'free' governments control their people through a few mechanisms; access to media, money, and defense. Control those and you can control your people. There is no way governments will relinquish control of money, the question is how will they regulate it.
This is why I'm concerned about anyone asking governments to regulate crypto, because if we ask for an inch, governments will start with a mile and go from there.
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