NokiMo
ChinaUncensored
ChinaUncensored

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China Declares War on Bitcoin

You know, for the environment....

—Chris

China Declares War on Bitcoin

Comments

The Ottoman degenerated the Latin tongues, but they did not take the Beluga Caviar.

James Walter

In your own way, you ended up with what I said. Anyway, I like the interaction on this. I don't have any set answers but can see what it does...and does not do...at the moment.

Tony Chopkoski

there's absolutely no doubt in the mind of any hair-brained speculator that the future is with state and corporate sponsored "digital currencies" that enable easy tax enforcement. if a nation or corporation is sufficiently stupid and short-sighted, they will also program in backdoor for monetary policy adjustment. when has a security system or encryption technique ever been totally immune to exploration by clever hackers or 5 year olds in the case of the 5 year old who figured how to bypass xbox parental restrictions by entering space characters after wrong passwords? It's not even unheard of for brilliant engineers at companies like Dropbox to forget to disable a checkbox that allows anyone to log into any Dropbox account without a password. it's possible for a more efficient and secure evolution of bitcoin to emerge but banning it would be as trivial as making it illegal to transact in so that only the people who visit drug markets today would have the risk tolerance to use it.

Sparkle with Thirst Pockets


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