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Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

#MyTulsi

pawzpawz Member, Swaye's Wigwam Posts: 20,576 Founders Club
in Tug Tavern


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  • RoadTripRoadTrip Member, Swaye's Wigwam Posts: 7,719 Founders Club
    How does Bitcoin factor into a digital cashless society? I'm sure I've read or listened to the argument before but what do proponents say about how a technology/currency like Bitcoin would be regulated throughout the world? Or is that just it; proponents argue there should be no regulation or need for central bankers and or governments to be involved?
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  • pawzpawz Member, Swaye's Wigwam Posts: 20,576 Founders Club
    RoadTrip said:

    How does Bitcoin factor into a digital cashless society? I'm sure I've read or listened to the argument before but what do proponents say about how a technology/currency like Bitcoin would be regulated throughout the world? Or is that just it; proponents argue there should be no regulation or need for central bankers and or governments to be involved?

    It doesn't. The central banks and government want it to be illegal.

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  • SwayeSwaye Moderator, Swaye's Wigwam Posts: 41,392 Founders Club
    It's so much better for the government when they can freeze all your assets for no reason like they did in Canada during the trucker thing. That's the future the government wants. Complete control. Cashless helps them get there. Don't worry, we are here to help.
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  • DerekJohnsonDerekJohnson Administrator, Swaye's Wigwam Posts: 63,052 Founders Club
    RoadTrip said:

    How does Bitcoin factor into a digital cashless society? I'm sure I've read or listened to the argument before but what do proponents say about how a technology/currency like Bitcoin would be regulated throughout the world? Or is that just it; proponents argue there should be no regulation or need for central bankers and or governments to be involved?

    In a sensible, world, the US dollar eventually gets pegged to Bitcoin.
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