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RE: Market update Sunday January 21st 2018. Why are crypto currencies falling today?

in #bitcoin7 years ago

What is your first association when I say "politician" - maybe corruption?

Imagine just those two FB Brothers, the BTC billionaires.
How much influence could be bought with tens of millions?
Sooner or later, there will be countries that will allow trading, either due to reason or due to... Negotiation...

Concerning the "national" currencies, since the late 80's Deutch Mark (now Euro) became the "real" currency in Eastern Europe. Montenegro adopted DEM and latter EUR although had nothing to do with Germany or EU. I can bet that there would be some county to adopt crypto in next 5 years.

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Corruption is correct. Sometimes incompetent and naive is a suitable description of a politician. Most of the time it's someone who just likes to tell other people how to live.

It's probably true. Some countries could most likely embrace crypto currencies fully..perhaps instead of citizens wage/basic income which I'm sure some countries will implement more tests on soon (Scandinavia or Canada most likely) Why not try cryptos instead? Just let some people or a proportion of the population be free? Grant the people who want it full freedom. Most people won't chose that anyway..

I just had that discussion/argument with my brother. We have completely different approach to this. He wants someone else to take care of his passwords, papers, money etc. He just wants that. I don't. I want freedom, because I know how liberating it is and how much it incentivize you to do great things. Not having freedom makes you a terrible person. Being a victim doesnt make you a great person..like we're taught..the victim is such a great and noble person. No, they are abused and therefore not great people. Abused people have problems, trauma and anxiety/depression.

Even if you legalized cryptos completely, and didn't even tax it, more than 50% of the population would probably chose to not participate anyway. Maybe?