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RE: The r0ach report 18: The great PoW lie

in #bitcoin8 years ago

While we both love and agree on metals, I think the state will do exactly the opposite and send cash on the other hand to a black hole. The state does love cryptos and hates cash for the reason that crypto will be easily trackable and centralised while cash and metals are not.

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Well, that's what I mean. They will let cryptocurrency proliferate and then ring fence it all in with extreme regulation where it's basically the same thing as using fiat and probably take over most of it via the legal system in the process.

I mean, assuming this stuff continued on into the future, mining pools would even be regulated by entities like the EPA to the point where only favored minions of the state can even mine at all.