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RE: Bitcoin: Bankers, Wall Street, And Governments

in LeoFinance3 years ago

I have to admit that I'm not well-versed when it comes to the wide array of crypto offerings, but it's sad to hear Bitcoin might be losing its intended purpose. Do you see this being a pattern that will slowly encroach on other coins over time?

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They will try. Whatever is successful they will get involved with.

However, there is a caveat in my opinion. The community based tokens are going to be hard to control . When an outside force comes in, the community can simply fork, much like Hive did.

That is where the change occurs. We simply take the real asset, which is not the token but the community, and move on.

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Good point. I guess a kind of counter-movement to this kind of hostile takeover will be to anchor value in non-tangible fundamentals such as communities, like you suggest.