> Cryptocurrencies are math. Governments cannot control math, as much as authoritarians wish they could.
And there's the misconception. Trading government money for cryptocurrency is subject to regulation. Do you think you can hack the President's communication and send it to Putin because it's math? Do you think you can set the interest rate on a loan to 500% because it's math?
> The assumption that most people in developed countries want government to "control money" is delusional at best.
How strange then that every single developed democracy has implemented it. I must have just imagined the entire field of tort law and people clamoring for relief from the courts.
And there's the misconception. Trading government money for cryptocurrency is subject to regulation. Do you think you can hack the President's communication and send it to Putin because it's math? Do you think you can set the interest rate on a loan to 500% because it's math?
> The assumption that most people in developed countries want government to "control money" is delusional at best.
How strange then that every single developed democracy has implemented it. I must have just imagined the entire field of tort law and people clamoring for relief from the courts.