Governments Worry That Cryptocurrencies Could Be the ‘Next Swiss Bank Account’

Re:Governments Worry That Cryptocurrencies Could Be the ‘Nex... by TeMPOraL on Tuesday January 30, 2018 @01:59AM (#16263403)

> I'm not sure governments know what they're up against.

Oh, they know. Bunch of idealists who are also pretty bad programmers with delusions of understanding finance. Plus a lot of scammers, and even more gullible people who just want to get rich quickly. Nothing governments can't handle when they eventually start caring.

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Re:Governments Worry That Cryptocurrencies Could Be the ‘Nex... by kahnpro on Tuesday January 30, 2018 @07:31AM (#16264724)

Yup. Everything old is new again.

Governments aren't facing any new problems here... while crypto can be moved faster than cash, I suspect that in the end governments may end up with even tighter control of crypto than they ever had with cash.

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Re:Governments Worry That Cryptocurrencies Could Be the ‘Nex... by kneel on Wednesday January 31, 2018 @11:41AM (#16275165)

>I suspect that in the end governments may end up with even tighter control of crypto than they ever had with cash.

I'd LOVE to see a govt try to control cryptocurrencies, the thought is laughable.

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Re:Governments Worry That Cryptocurrencies Could Be the ‘Nex... by garmaine on Wednesday January 31, 2018 @07:39PM (#16278866)

The whole point of bitcoin is that there is no mechanism by which government (or any other actor) could exert such control.

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