But what Bitcoin has that no other currency has is censorship-resistance. Because it is decentralized and relies on no third parties, Bitcoin has the ability to bypass capital controls. If you can convert your wealth into Bitcoin, you can get it out of your governments reach. That is revolutionary. You can then keep that wealth in bitcoins, or convert it to dollars or euros or whatever else you want. This is Bitcoins true contribution to monetary justice.
Posted on: Mon, 21 Apr 2014 15:14:21 +0000
Trending Topics
Recently Viewed Topics
© 2015