It would be easy enough for a government to co-opt Bitcoin. Just create another Mt Gox sized exchange failure, and in so doing, create the "need for the security of being backed by the government". In addition, everyone using govcoin will receive a discount every time it is used, until it is accepted everywhere.
Security and convenience, the two biggest tools the government uses to manipulate people.
You are viewing a single comment's thread from:
Yes. ^