Replying to Nobody

Have you heard of CBDCs? Central Bank Digital Currency? Bitcoin is property and a personal store of wealth, so no, not really compatible with socialism. But crypto tech can and probably will be abused by central banks to continue their enslavement of humanity.
Avatar
ΛM 1y ago

I am also wondering if it is possible to buy all or a very high amount of bitcoins by a bank or something like this just to regulate it

Reply to this note

Please Login to reply.

Discussion

d7
Nobody 1y ago

I'm sure there might be forces that would like to centralise bitcoin in order to take power and money. And there's probably some people who own alot but I don't think that gives them more power to regulate. But I'm not the right person to ask. I know very little.

Avatar
MapleTreeFarmstead 1y ago

Owning a lot of Bitcoin gives you no more power over it than owning a little. Only running a node gives a SAY in running Bitcoin and only very little. Could they run a lot of nodes? Sure, but still that's not where I see they're headed at and I don't think they really understand that is where the power lies. But everybody should run a node. Makes it harder for institutions to control Bitcoin.