top | item 20210934 (no title) Moxdi | 6 years ago this is giving the power of governments to tech companies, and im not sure how i feel about that, at least bitcoin is truly decentralized discuss order hn newest Bakary|6 years ago The democratization that bitcoin was supposed to bring was fatally undermined anyway as it just created yet another caste of wealthy early adopters. lukevdp|6 years ago Not really, governments will regulate it, same as everything. Spivak|6 years ago They're going to end up in the same situation as banks where they're vaguely intertwined with government interests. conanbatt|6 years ago Unless they can levvy taxes, the comparison is ridicolous. Do you think Magic the Gathering is also a sovereign state?
Bakary|6 years ago The democratization that bitcoin was supposed to bring was fatally undermined anyway as it just created yet another caste of wealthy early adopters.
Spivak|6 years ago They're going to end up in the same situation as banks where they're vaguely intertwined with government interests.
conanbatt|6 years ago Unless they can levvy taxes, the comparison is ridicolous. Do you think Magic the Gathering is also a sovereign state?
Bakary|6 years ago
lukevdp|6 years ago
Spivak|6 years ago
conanbatt|6 years ago