Re:Coinbase tells judge that buying crypto is just like coll...
by alchemist1e9 on Thursday January 18, 2024 @03:59PM
(#39047630)
> need stuff like Bitcoin if you have to operate entirely in a very low-trust environment
Which is what we are in. The governments can’t be trusted they have proved that over and over.
The big mystery is why so many collectivists and statists get so worked up and angry with the success of Bitcoin! Not why Bitcoin is working as intended.
If you're working with lots of money and can't rope in one or more trusted peers (a bank, say) to smooth things out, with that trust backed up by a robust & proven legal framework... uh, that sure narrows down the general type of activity you're likely engaged in.