Bitcoin should be "outlawed"?
Joseph Stiglitz at the Davos 2018 told us what he thinks about Bitcoin. To make a long story short he said that the only reason why we use Bitcoin is secrecy and possibility to avoid taxes. I think he's right about this part, but i don't think that's why average Joes use it. I consider the main reason why the most of casual "players" in the cryptocurrency game are here because they think that this is an easy way to make money. I have no problem with that because that's how world works, one guy makes massive deals and other don't know or don't want to go the same way and he is happy with low profits from mining. When we talk about the big money we all know that bitcoin is used for tax scams, people that use it for this reason know very good that it's not gonna take long time to centralize bitcoin and the're gonna change it sooner or later for other cryptocurrency or any other way. About all the secrecy part I think that it is good to leave it this way. I'm not a fan of the idea of the government knowing about everything I do. I would like my country to make a digital currency, but i don't think they would make it incognito. We can't say that "You use Bitcoin only because it gives you seccrecy!" it is like we would say "You use car only because it let's you transport faster! Stop doing this". Ending all this subject I think that bitcoins are a good think and they should stay as they're now, secret. I live in a small country and I would like to live up to the moment the digital currency is real and there is no go-between like banks or privates that let us have digital money, but looking at my country i know that is not gonna happen soon, that's why I think that cryptocurrency is good. Maybe I'm the only person that have enough of bank's monopoly.
What do You think about cryptocurrencies, leave a comment If you wanna talk more about this subject.
Congratulations @arturfratczak! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPI honestly believe that the power structure is afraid of BTC and other blockchain technologies. I recently saw an article (for example), which stated that Nordea bank, a large bank in Sweden was forbidding its employees to purchase and hold BTC. However, blockchain is a superior technology, so I believe that it will win in the end.
You're right. The thing is that most of the economist work in banks, and they don't want to lose money because of a random guy that invested in cryptocurrency. About the digital currency it is the same way. they don't want to lose money, but on the digital money they can still make something out of this when with BTC there is no such a possibility.
Congratulations @arturfratczak! You received a personal award!
Click here to view your Board
Congratulations @arturfratczak! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!