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Author Topic: Government intervention in Bitcoin inevitable?  (Read 1884 times)
funkenstein
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April 20, 2015, 03:05:43 PM
 #41

There are couple questions I keep asking myself about future of bitcoin. I thought about it and I am sure that government intervention in the bitcoin industry is simply inevitable.

And we can't do anything about it really. Governments are greedy, they want a share of everything and therefore thy will be trying to snatch some of it from us.

There is a really high chance that we see in the future a lot more government action against bitcoin, including some changes of the core protocol.

Another case is that I think bitcoin is "too good" now for people. So Bitcoin will be changed to bring it in line with other payment systems.

We probably will se some dreadful changes like adding possibility to blacklist funds and and change that will allow to store identity information of users with bitcoin transaction.

Your thoughts?

Just lol.  Guess again. 

There are no "governments" as you seem to envision them.  There are people that claim to have authority over you who claim to represent governments.  They will intervene in the affairs of other people, and kill us from time to time, but these people can't change the laws of nature or mathematics. 

BTW you can already build blacklists and identity lists if you like.  Nobody is stopping you. 

 




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April 20, 2015, 03:06:13 PM
 #42

no.

why? gov can't fight AI on their own turf (or anywhere for the matter).

money is faster...
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April 20, 2015, 05:22:14 PM
 #43

There are couple questions I keep asking myself about future of bitcoin. I thought about it and I am sure that government intervention in the bitcoin industry is simply inevitable.

And we can't do anything about it really. Governments are greedy, they want a share of everything and therefore thy will be trying to snatch some of it from us.

There is a really high chance that we see in the future a lot more government action against bitcoin, including some changes of the core protocol.

Another case is that I think bitcoin is "too good" now for people. So Bitcoin will be changed to bring it in line with other payment systems.

We probably will se some dreadful changes like adding possibility to blacklist funds and and change that will allow to store identity information of users with bitcoin transaction.

Your thoughts?

Yeah true, governments will certainly intervene and try to stop the growth of Bitcoins, they just don't see it has a big threat to go against it head on, though certain small maneuvers are done by them, nothing big has yet come, but when Bitcoin grows very big, they will surely come against it guns blazing, and for a fact they can't do anything about it Smiley
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