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Old 02-03-2022, 03:20 PM
Jibartik Jibartik is offline
Planar Protector


Join Date: May 2015
Posts: 15,813
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Quote:
Anyone who wants total control of something won't use blockchain as a data structure. It's highly inefficient. Just use a database. Oh wait, we already do that. Websites, games, every digital provider, Visa, etc... they all use databases.
The difference is I can take cash, and buy an army.

But you cannot withdraw bitcoin, and then exchange it, and have that bitcoin go anywhere ever, without knowing which wallet it went to.

So with bitcoin you can control every single penny of consumer spending, which you cannot do with fiat.

Weather you think the NSA crated bitcoin so that it could do that, is up to you.
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