The part where you run in to trouble is getting governments to accept tax revenue as Bitcoin, because it undermines the national currency, making monetary policy irrelevant. And why would a country do that exactly? Why would they surrender the ability to heal their economy? Sorry to all the believers, but it’s a Libertarian pipe dream that makes absolutely no sense.
Latest posts by Jordan Tuwiner (see all)
- “Bitcoin Is Declining, but Is It Dead?” – Government Technology | $236.61 - September 21, 2015
- “Distributed Ledgers Part I – Bitcoin is dead” – Pascal Bouvier | $281.47 - August 4, 2015
- “Bitcoin isn’t the future of money — it’s either a Ponzi scheme or a pyramid scheme” – Washington Post | $236.73 - June 8, 2015