If they had control over Bitcoin they would not be taking measures like this.
(twitter.com)
😷 DEM PANIC 💉
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Exactly. I was not making a statement necessarily in favor of something else. I was only pointing out some of the obvious drawbacks of crypto - but as you state, those same drawbacks can apply to other mediums as well. This should not be an argument between one thing versus another. There is no one perfect thing that can be used as a medium of exchange. They all have positives, and they all have negatives. The key has always been diversification to spread risk.
But the grocery store, the gas station, or the bank will not take precious metals and it sure as heck can't be used to pay taxes or other debts. This is not to knock silver or any other medium people use to shift from the fiat debt system the bankers have built for us. I am for all of them and I believe whatever holds value and can be used is a good thing. I keep the shinny stuff myself in addition to anything I think can be of value to someone else as a means of exchange. The more the better.