Governments Adoption Of Bitcoin Undermines Us Policies.
Bitcoin is not supposed to work within our current mechanisms. There’s an elimination of 3rd party intrusion. Mining bitcoins allows some people to make money without producing any tangible goods.
Written In Response To The Fear That The Bitcoin Project Was In The Process Of Being Absorbed By State Institutions, The Declaration Claims, Among Other Things, That “Bitcoin Undermines Governments And Disrupts Institutions Because Bitcoin Is Fundamentally Humanitarian” And That “Bitcoin Will Allow Us To Shape The World Without Having To.
Bitcoin undermines governments and disrupts institutions…. Bitcoin is not supposed to work within our current mechanisms. Digital assets have taken a hit.
Bitcoin Undermines Governments And Disrupts Institutions Because Bitcoin Is Fundamentally Humanitarian.
Bitcoin needs not entities of authority to acknowledge it, incorporate it, regulate it, and tax it. For this reason, however, governments shouldn’t regulate bitcoin. The blockchain is free speech.
The Blockchain Is Free Speech.
Bitcoin does not pander to power structures, it undermines them…. There’s an elimination of 3rd party intrusion. With bitcoin, there is no need for governments or banks.
Its Just Producing Arbitrary Codes That Can Be Spent Or Exchanged For Money.
The blockchain is free speech. Governments tend to seek economic control through controlling money, and it will be argued that there are good reasons to expect governments to be hostile towards widespread use of bitcoin. This is to be expected, as use of bitcoin undermines governments capacity to control money.