You are viewing a single comment's thread from:
RE: 7 Questions For The Crypto Experts--An American Government Accepted CryptoCurrency
- Yep, it already has, its just not a block-chain, nor is it transparent.
- No. The US (corporation) is beneath the FED. It has no power in this matter.
- That banking would become a whole lot easier.
- The US is against the people. Can't happen
- The cons, for The US is that it may become inadvertently transparent to americans. The govern-cement will have a mechanism to watch every transaction, and so, there is a huge risk that this will be an easy exploit to watch the govern-cement.
- The US laws suddenly gain a lot more teeth. Transactions off the books become a lot harder. What will be interesting is the amount of drug sales will not decrease. It will become very apparent that The US is turning a blind eye to their drug sales. But the local guy selling milk will be instantly hammered into oblivion.
- The people running the FED will try to maintain power in any way possible. They will create a crypto currency, but it will be block-chain in name only. Everything good about bitcoin will be subverted and turned to evil. In that turning to evil, the FED will doom itself.