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RE: The World of Cryptocurrency - BTC Shutdown

in #bitcoin7 years ago

Good post, the main idea is clear, as you said at the beginning the goverment and the banks dont have control over the cryptos, but I think that the couple (goverment - bank) will try as much as they can tak the control specially over the bitcoin becuase bitcoin is destroying their business, specially for the banks, apparently now the next attack againts bitcoin will have a bitcoincash as the main character and some exchangers, but let see if they will have success, I think the bicoin will be the winner, bitcoin will face drops, maybe big drops as the one in september sponsored for the ones that try to destroid but as I said at the end IT WILL WIN

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I do agree with you. The government can only control the exchanges but the bitcoin transaction through blockchain they cant touch it. As of now, there is no way they can middle every transactions, they are helpless to control it.

This is how decentralized exchanges like Open Ledger's DEX show their strength, in the ability to not be controlled by Gov'ts or any any other 3rd party. They can, at best, impart huge volatility...

Thats true buddy 😄