While I mostly agree with his (Buterin's) points, I think you hit the nail on the head with your comments about pro-Bitcoin government officials trying to offset anti-Bitcoin government officials. This has to start somewhere. There was never going to be a day where everyone woke up to all cryptocurrencies being deemed legal tender. There really can only be one. At least at the beginning. Who knows, maybe if and when Bitcoin becomes legal tender around the world and on-ramping and off-ramping become easy, and cross-chain interoperability is a well-established reality, THEN maybe other cryptos can join the party. But there is sooo much ground to cover between there and where we are now it just seems like this is a first step in the right direction, regardless of it's flaws.

Like I said, he makes extremely valid arguments although I would say businesses aren't being forced to accept Bitcoin, rather they're being allowed to accept it. Maybe it is a little aggressive but it's not a whole lot different than a lot of other things governments "force" businesses to do in order to stay viable.

I DO think he's right in the fact that we need to stay vigilant. It can be a slippery slope when the government gets involved. Just look at America and the way the left is turning citizen against citizen by encouraging people to "report" their neighbors if they disagree with their schools curriculum. Seriously, the DOJ and FBI declaring soccer moms and dads "domestic terrorist threats" while they have let people from over 150 different countries cross our borders illegally in the middle of a pandemic. This isn't bias. These are just facts. People need to pay attention to what our government is doing, on ALL levels.

Posted Using LeoFinance ^Beta