From a technology point of view, it is a no-brainer. Moreover, history has shown trying to stop a revolutionary technology from taking root is pointless. Bitcoin and cryptocurrencies, in general, represent a new wave of a money system that is free from government control. They are ushering in a new era that starts with the divorce of the state from the financial system, like the separation of the state from the church, this will be good for every party that is involved. Recently we have witnessed the worst of government-controlled currency in Zimbabwe and Venezuela, this will be a thing of the past with cryptocurrency. The fight on bitcoin by the established monetary system is not about bitcoin as a form of currency, but on it truly represents; a society that has an economic power not controlled by the government or banking and financial institutions. Make no mistake, politics and cryptocurrencies are very much intertwined, but only because no government can control them. They are a source of wealth for an individual which cannot be taken away.
Alvine Spencer
Comments: 0