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RE: Wolf Of Wall Street Unconvinced Of Bitcoin's Future

in #bitcoin6 years ago

Hi @rhyscn, yes agreed the size of Bitcoin is beyond control of a single government system. Lessons were learnt from the first digital E-gold: https://en.wikipedia.org/wiki/E-gold, where hacking and fraud was an issue. Then came the US Patriot Act that helped reduce money laundering and anonymous identity trading. The US government eventually shut down e-gold. Bitcoin is in a much evolved state.