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RE: Ron Paul: Government Will Ban Bitcoin

in Threespeak4 years ago

I have tons of respect for Ron Paul. I think he has a point about what government will want to do. I don't think they'll be able to do. Venezuela tried to band mining and now they have their own national mining pool run by government.

Banning will fail - then they'll try regulation. We need to build the tech fast enough before they can adapt their bureaucracies and become financially independent from central banks.

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We need to build the tech fast enough before they can adapt their bureaucracies and become financially independent from central banks.

This is very true. We do need rapid development across the board. We also need development to take place that drives things to be more resilient and decentralized. This is the only way to keep up this battle.

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