Read now to learn whether governments have any place at all within the Bitcoin blockchain
One of Bitcoin’s most important features is its resistance to interference and control. Powerful governments, corporations, and individuals are completely powerless when it comes to bending the Bitcoin blockchain to their will. They’ve tried in the past and will certainly try again in the future. They’ll fail every time.
While Bitcoin will continue to operate with or without the blessing of the world’s governments, one of you Readers recently posed an interesting question to me: How do we get governments to trust Bitcoin?
I appreciated the question and I look forward to exploring this topic together. For obvious reasons, governments have set themselves up as one of the biggest barriers to worldwide Bitcoin adoption. They have everything to gain by accepting Bitcoin, at least in terms of granting financial freedom to their constituents. And they have everything to lose by giving up the awful power they have over currencies, economies, and market participants.
What will they do?
A Tale Of Two Perspectives
For me, there are two primary ways of viewing the question of Bitcoin and governments, and they both come down to what humanity needs: do we need governments to accept Bitcoin? Or not?..
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