Trump says that we're going to embrace crypto
(twitter.com)
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To put this succinctly, the reason Bitcoin is so revolutionary is that ownership and validation of ownership and quantity are all distributed.
No other bartering medium offers that, not even gold and silver.
Nobody is “in charge” of Bitcoin. That’s the beauty of it. Exchanges have owners, but not the platform itself.
It removes the need to trust someone with something they can’t be trusted with.
Security is a legitimate concern with it. Method of hodling is a legitimate concern with it, but not so much the platform itself.
And none of that protects from a corrupt system that will in turn just tax thr living shit out of you when they want money since they cant print willy nilly. You pay or you get prison. Or they take away everything that was meant for the people and shift funds elsewhere. Fix the corruptionor it will never matter. Its also a pipe dream to think they wont have controls in place. Does anyone really believe the people who have built every system to track everything you say and do will stop at being able to track your money?
How much have you read up on Bitcoin?
It’s a distributed ledger system.
Take that and match it against the characteristics of money.
The same system that allows money to be traceable would prevent them from being able to counterfeit in their private ledgers.