News for hackers. Stuff that matters.

A comment on Apple co-founder Steve Wozniak hopes Bitcoin will become global currency. Parent comment

Re:Apple co-founder Steve Wozniak hopes Bitcoin will become ... by lubos on Monday June 04, 2018 @05:15PM (#17232526)
> governments are very scared of having a currency which they cannot control

And for a good reason. See: https://en.wikipedia.org/wiki/Great_Bullion_Famine as one of the examples.

Bitcoin becoming a global currency would set us about 500 years back when precious metals were the global currency.

[ Parent | on HN ]
Re:Apple co-founder Steve Wozniak hopes Bitcoin will become ... by cosmojg on Tuesday June 05, 2018 @01:02AM (#17235123)
That article is irrelevant with regard to cryptocurrencies as they are near-infinitely divisible. There could never be such a "famine".
[ Parent | on HN ]
Re:Apple co-founder Steve Wozniak hopes Bitcoin will become ... by lubos on Tuesday June 05, 2018 @06:28AM (#17236374)
So are precious metals near-infinitely divisible.

Not sure what point you are trying to bring across.

[ Parent | on HN ]