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RE: Bilderberg and Bitcoin

in #bilderberg7 years ago (edited)

Ignoring large corporate-owned exchanges will help to stop the financial elite from controlling Bitcoin in the short-term. However, in the long-run every exchange has to register to operate in a country and is therefore subject to its rules and regulations.

Big finance can simply lobby governments to introduce legislation that stifles decentralised financial systems which threaten their profits.

Sadly, long term it's likely to see Bitcoin fall further and further into control by large financial corporations.

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