So many anti bitcoin laws and policies that seek to undermine the existence of bitcoin have been made by government and countries all seeking the centralization of currencies within it region and since bitcoin is a decentralized digital currency most government are against it.
What I believe here is, Fiat is under the control of the government and they have the ultimate power to control their citizens. Secondly, fiat is being issued under government control whereas bitcoin is a decentralized digital currency, which cannot be controlled by any government.
Thirdly there is limited trackability of bitcoin as compared to fiat. Yes, it's true that most governments are against bitcoin but what I believe here is that strong legislation should be done in order to the utilization of bitcoin under the government's regulations.
In the USA things are a bit different. There is the PMA (Private Membership Association). Every altcoin that includes the proper PMA notice within its app, is free from government control formally. In fact, since each altcoin transaction has its own hash, each altcoin transaction is a new PMA within itself.
So, let's chop all kinds of stuff out of the BTC app. The first to go is the mining. We don't need it. And let's enhance the blockchain to handle addresses in a way that they duplicate purchases prices.
For example. You are a coffee shop (Starbucks could do this). You make a coin called CoffeeCoin. Every time a customer buys a cup of coffee - or any other Starbucks product - he is offered the chance to get the amount of his purchase for free in CoffeeCoins. Such are automatically added to whichever of his CoffeeCoin addresses he wishes to use. It doesn't cost anything to either Starbucks or to the customer.
But what good is it? Remember, it took Bitcoin a few years. Points to consider:
1. It's a PMA, private, outside of government control. Says it right on the app;
2. Anybody with a CCapp can do private transactions to convert CoffeeCoins into other coins;
3. One company that is ready to do this is Bitquick.com. All they need do is download the CCApp, and they can find private people who want to exchange cash or other altcoins for CoffeeCoin... remember, it's private... like gambling in your basement for match sticks.
4. As CoffeeCoin grows from people asking for free Coins after they make a Starbucks purchase, the value of CoffeeCoins will start to increase;
5. You still get only the same number of CoffeeCoins as you make dollar payments to Starbucks for products, but as the value rises, each time you buy coffee for $5, your 5 CoffeeCoins instantly jump to the value of CoffeeCoin on the private market... which might be like Bitcoin... $50,000 to $70,000. The CoffeedCoin price is never allowed to drop to less than the Dollar (built into the blockchain);
6. The market for CoffeeCoins will ultimately become automatically self-regulating.
Let every coffee company do this:
1. Be private by PMA statement;
2. Let the coin be separate from their regular sales... it is a creation of new ##coins, and so doesn't hurt the customer or the company.
All the banks of the world are trying to do this right now. And they are doing it without privacy to the people. Let's take our privacy back by each company making its own PMA ##coin. Watch the short video here
http://www.freedomsphoenix.com/News/316786-2021-12-07-central-banks-launch-digital-currencies-perfect-technocratic-control.htm. Let's do this and be free from fiat and central bank control.
