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<blockquote data-quote="ndlongshot" data-source="post: 161354" data-attributes="member: 244">The govt (any govt) does not control the bitcoin ledger. Its literally the internet. And its fluid. The computing power of the internet can relocate to new countries, new places. Can they shut down the internet? To a point. Can they ban its use? Sure. But as we have seen time and gain throughout history, prohibitions do not work or last. Value is established between consenting parties and not countries. If enough people believe in this stuff it will have value and those who use it will trade in it. I am not claiming i have total faith in it. But looking at both sides it seems we are at a point where government will try and take it over. They hate competition. But they are late to the party. Its built to operate &quot;decentralized&quot; specifically so governments or one single entity can't get their slimy paws on it. Governments are saying we will regulate it, and crypto (in general) saying &quot;try me.&quot; Place your bets gentleman.</blockquote>

[QUOTE="ndlongshot, post: 161354, member: 244"] The govt (any govt) does not control the bitcoin ledger. Its literally the internet. And its fluid. The computing power of the internet can relocate to new countries, new places. Can they shut down the internet? To a point. Can they ban its use? Sure. But as we have seen time and gain throughout history, prohibitions do not work or last. Value is established between consenting parties and not countries. If enough people believe in this stuff it will have value and those who use it will trade in it. I am not claiming i have total faith in it. But looking at both sides it seems we are at a point where government will try and take it over. They hate competition. But they are late to the party. Its built to operate "decentralized" specifically so governments or one single entity can't get their slimy paws on it. Governments are saying we will regulate it, and crypto (in general) saying "try me." Place your bets gentleman. [/QUOTE]

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