🏅John McAfee: Bitcoin can not be stopped🏅

🍀 Bitcoin quickly captured the imagination of the Internet community received its huge support. This led to the reaction of governments, but this is a reaction of fear.

🍀 Cyber ​​security expert and Bitcoin supporter John McAfee says that the only fear that Bitcoin users can have is that governments will act in their own discretion.

🍀 Crypto-currencies were created to solve problems that threaten banking, and therefore they seek to exclude the intermediary, which is represented by banks and state regulators.

🍀 This lack of centralized exchange puts governments that make their income, taxing the movement of money, a stalemate, said the head of MGT Capital Investments Inc. and pioneer of technology John McAfee.

🍀 'The main source of income of the state is income tax. If everyone uses bitcoin, the government will not know what your income is. They will not be able to impose taxes on you. If you say that your income is zero, they will not have the opportunity to prove otherwise. That's what the state regulators are afraid of, and no law can stop the bitcoin. They simply can not do it technically, 'Makafi said.

🍀 The need for self-regulation

🍀 Despite the fact that Makafi is known for his support of digital currencies, he recognizes that space needs regulations, especially when it comes to ICO. He, like many other leaders in related fields, believes that many ICO are fraudulent:

🍀 'China is right in one, very often ICO is a means of deceiving investors and it needs to be stopped. But I do not think that governments can stop this. We, as users and bitcoin community, should be self-regulating. '

🍀 Due to the fact that it is still a very new ecosystem that deals with a lot of problems, self-regulation sounds like a good idea, but probably far away.

🍀 According to Makafi, fear has seized governments and central banks, such as JPMorgan, which is America's largest bank. He also stressed that for centuries authorities and banks have taken control of their lives from people, and it's time to change the situation.

🤗 source: http://gesellberg.com 🤗