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RE: James Altucher Misses the Point of Bitcoin Regulation: Why a War for Financial Control is Coming
I saw that guy commenting about regulations and I read an article that it wouldn't be so bad to regulate it.
I mean, short-termly looking, the price would go definitely go down.
But long-term, it would be beneficial.
Thank you for clearing some things up.
That paragraph of terrorism reduce really intrigued me and that paradigm of unlimited money.
It would be a great thing if that was possible, but in my opinion, these wars are sponsored by the Rotschilds, and if they want a war... the war is going to happen.
Rotschilds are supported by dollars, by an unlimited amount of dollars. Do you see the difference? And the dollars transfers don't have a public ledger (Blockchain).
This video by Stefan Molyneux should clear up your confusion...
Terrorism is never going to go away until replicators make money obsolete. Until then, the goal is to try to limit money so that war is more limited and there are fewer resources for violence.
@pipokinha brings up a good point. USD in cash is the preferred method of terror financing. Very hard to trace. Bitcoin blockchain is traceable, but if one never reuses addresses, it can become difficult to know where that money is going unless a mistake is made in reusing addresses or by the wallet provider aggregating coins from several different addresses to make a single expenditure.