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RE: Is The Government Printing Money And Buying Bitcoin With It?

in #crypto7 years ago

A big part of the crypto currency battle is to change government. Government doesn't follow the principles of crypto capitalism very well because they like to put a middle man between a person and their purchase called a tax man. He also likes to put other middle men in various other institutional positions: regulators, lawmakers, judges, cops, public employees etc. I could just go on and on. One place they don't have complete control is the actual beginning of the production cycle: mining. That's why prospectors and miners have always been cut some slack: it would destroy the economy to hinder them. You may think that crypto is not very well connected with the mining of precious metals etc and that is true but the connection is growing. Miners of consensus have also tapped into a natural resource. After all civilization did not have to begin if the barbarians had not come to an agreement.

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