Not necessarily permissioned, but taxed.

Reply to this note

Please Login to reply.

Discussion

I'm not saying Bitcoin itself is permissioned. I'm saying any transaction that takes place on the white market is. Bitcoin doesn't avoid this. A tax is just another permission "Pay me this much or you can't transact here"

With Bitcoin you can decide not to pay this tax/follow the regulation, but if you break those rules it's now a black market transaction