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RE: Welcome to the dark side Jamie Dimon

in #bitcoin7 years ago

I agree. Being decentralized and distributed is the key. You cannot destroy every copy. You cannot undo a transaction or hide it. It is a world of NO SECRETS, intentionally. It is actually more difficult to be criminal with it. The IRS, and everyone else, can watch the OPEN transactions fly by and work out what IP addresses involved. That is its POWER because it has hard cryptography, and cannot be faked. The central banks want to promote their own blockchain solutions (Ripple/XRP), but don't be fooled. Those solutions they can manipulate. You want a cryptocurrency that everyone can trust and cannot be manipulated.