As long as we have central banks, #Bitcoin will never be a widespread medium of exchange. I also seriously doubt the reliable store of value.https://twitter.com/MustStopMurad/status/1022169639386836992 …
Cryptocurrency Analyst. Bitcoin, not Blockchain. Angel Investor. Previously @Princeton.
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Sam Laakso Retweeted Murad Mahmudov 🚀
As long as we have central banks, #Bitcoin will never be a widespread medium of exchange. I also seriously doubt the reliable store of value.https://twitter.com/MustStopMurad/status/1022169639386836992 …
Sam Laakso added,
What a narrow-minded view. This is like saying as long as we have horses cars will never work.
As long as we have central banks, they won't let others create money out of thin air as that's their job. Not saying I approve fiat, just saying that authorities will not let that happen as they'd lose control. They can just make all cryptos illegal. Most wont break the law.
If every global govt punished it with death, maybe you’d make a dent. Maybe. This would just reset ownership in the hands of the ultra-dedicated and the cycle of organic growth would repeat. In a world where the govt has to “let” you do everything, we’ve got big problems.
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