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Re:The Lightning Network: Turning Bitcoin into Money by imtringued on Thursday July 14, 2022 @05:04AM (#32093697)
Bitcoin has very high value for authoritarians. If you can enforce the currency you can enforce wealth inequality and entrenchment of incumbents.
Re:The Lightning Network: Turning Bitcoin into Money by olalonde on Thursday July 14, 2022 @05:16AM (#32093765)
> Bitcoin has very high value for authoritarians.

Then why have almost all authoritarian governments banned Bitcoin?

> If you can enforce the currency you can enforce wealth inequality and entrenchment of incumbents.

That's the whole point. No one can control Bitcoin which is why it's not appealing to authoritarians. Authoritarians don't like things they can't have authority over.

Re:The Lightning Network: Turning Bitcoin into Money by andirk on Friday July 15, 2022 @11:07PM (#32114909)
Can you elaborate or add citations? Your claim is possible but so far we have seen the opposite with autocrats, authoritarians, groups who benefit from controlling their own currency.